Category Archives: Rumors

Ken Zimmerman Argues That George Soros Did Not Donate $33 Million To Black Lives Matter Group

In the wake of the Black Lives Matters campaign, rumors have been milling around saying that George Soros contributed $33 million towards the campaign. Some of these rumors have hit the mainstream media such as The O’Reilly Factor, which is the ratings powerhouse of Fox News. Towards the end of July, Bill O’Reilly posited that George was one the donors of the affiliates of Black Lives Matter. Bill went on to say that Beyonce and Jay Z are some of the entertainers who gave money directly to the group.

Billy’s guest was Kelly Riddell. She authored an investigative report about George Soros’ charity affiliations with the left-wing organization. During the interview, Kelly argued that three women that were working in organizations supported by George Soros started the Black Lives Matter group. It was alleged that these organizations engage in community organizing activities. Kelly argued that she found out that George had donated $33 million to these organizations within one year. However, a director working at the Open Society Foundation, Ken Zimmerman, reiterated that George had not donated money to the 3 activists that founded the group. These activists are Opal Tometi, Patrisse Cullors and Alicia Garza. Ken said that George was not in the business of funding people to protest. The director posited that George Soros would not fund an amorphous movement such as Black Lives Matter, even if he wanted to.

The Open Society Foundation
George is the chairman of the Open Society Foundation. This foundation is committed to expanding the initiative of open society. George contends that in open societies, people’s rights are respected, the government is accountable and no individual brags of having the monopoly on what is true. Through the foundation, George gave scholarships to many black South African students to pursue higher studies. Open Society Foundation at helped George establish a system that brought transparency and enhanced accountability of the corporations engaged in the extraction of natural resources. George contends that his achievements in the financial markets make it easy for him to deliver his opinions on controversial matters because very few takes stands on such matters.

About George Soros
Besides Open Society Foundation, Soros is the founder of Soros Fund Management. George is a native of Budapest. Owing to the Nazi occupation, George had to flee to a safer haven. In 1947, he flew to the United Kingdom. Here, he pursued his college education at the London School of Economics. Later, he flew to the United States. He gained experience in hedge fund management and established his own fund. It is through this fund that George made a large fortune.

Learn more:
Open Society Foundations
The Dailyb Beast