Soros Will Sponsor the Human Rights Watch

George SorosBillionaire George Soros, 80, is willing to give $100m to Human Rights Watch to help transform it into a global organization.

“It’s an American organization and that has become a drawback because America has lost the moral high ground for promoting human rights,” he said in an interview with National Public Radio.

“So I want the organization to become truly international with maybe the American members in the minority,” he added.

The gift is in the form of a challenge grant from Soros’s Open Society Foundations that will match up to 100 million dollars in contributions by other donors over the next 10 years, according to Human Rights Watch.

Founded in 1978, the New York-based group was created to spotlight human rights violations in the Soviet Union and Eastern Europe after the 1975 Helsinki Accords but soon expanded to the Americas, Asia, Africa and the Middle East.

Soros, who is a US citizen but originally from Hungary, famously made a huge profit by betting against pound sterling in 1992 as Britain was forced to withdraw the currency from the European exchange rate mechanism.

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