New York (HedgeCo.net) – Billionaire hedge fund magnate George Soros is giving $100 million to the NY based Human Rights Watch (HRW), according to UK newspaper The Guardian.
The donation is the largest in HRW’s history, and the charity plans to expand it’s reach in developing countries like Brazil, South Africa and India, through the donation. HRW was started in 1978 as Helsinki Watch, and is as a watchdog on governmental abuses around the world, the paper said.
“Human rights underpin our greatest aspirations: they’re at the heart of open societies,” Soros said. “Human Rights Watch must be present in capitals around the globe, addressing local issues, allied with local rights groups and engaging with local government officials.” (Quote taken from The Guardian)
George Soros is also working with the NAACP as they launch a website designed to track racism in the Tea Party Movement.
Alex Akesson
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