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The Economic and Political Evolution of George Soros

His foundation is shifting away from Europe, while his own approach to China has hardened.

By , a deputy editor at Foreign Policy, and , a columnist at Foreign Policy and director of the European Institute at Columbia University. Sign up for Adam’s Chartbook newsletter here.
Investor and philanthropist George Soros smiles after delivering a speech on the sidelines of the World Economic Forum.
Investor and philanthropist George Soros smiles after delivering a speech on the sidelines of the World Economic Forum.
Investor and philanthropist George Soros smiles after delivering a speech on the sidelines of the World Economic Forum in Davos, Switzerland, on May 24, 2022. Fabrice Coffrini/AFP via Getty Images

The Open Society Foundations (OSF), the philanthropy founded by billionaire investor George Soros, distributes some $1.5 billion in grants every year, in service of strengthening democracy around the world. The recipients may now change, however, given the recent announcement by OSF that Europe would no longer be a major focus of its funding. That has raised questions about the legacy of Soros himself, as a participant in the rise of global financial markets, a theorist about how those markets work, an activist on behalf of political liberalism—and also an object of conspiracy theories on the right.

Cameron Abadi is a deputy editor at Foreign Policy. Twitter: @CameronAbadi

Adam Tooze is a columnist at Foreign Policy and a history professor and the director of the European Institute at Columbia University. He is the author of Chartbook, a newsletter on economics, geopolitics, and history. Twitter: @adam_tooze

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