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    • Ukraine

    Why the Ukraine crisis is a defining moment for George Soros’ OSF

    Russia's invasion is a major test for the Open Society Foundations and the staff of the organization's International Renaissance Foundation in their yearslong fight for Ukrainian democracy.

    By Stephanie Beasley // 03 June 2022

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    While entertaining some of the world’s wealthiest and most influential people last week at his annual dinner on the sidelines of the World Economic Forum meeting, billionaire philanthropist George Soros issued a dire warning about Europe’s future in light of Russia’s invasion of Ukraine.

    “Even when the fighting stops, as it eventually must, the situation will never revert to what it was before. The invasion may have been the beginning of the Third World War, and our civilization may not survive it,” Soros said on May 24, exactly three months since Russian forces entered the country.

    The war is a defining moment for Soros, a 91-year-old Hungarian American who has devoted many years of his life to pro-democracy work as the founder of the Open Society Foundations, a network of foundations and offices working in more than 120 countries. He views the conflict as an ultimate test of whether democracy can prevail — not just in Ukraine but worldwide.

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    About the author

    • Stephanie Beasley

      Stephanie Beasley@Steph_Beasley

      Stephanie Beasley is a Senior Reporter at Devex, where she covers global philanthropy with a focus on regulations and policy. She is an alumna of the UC Berkeley Graduate School of Journalism and Oberlin College and has a background in Latin American studies. She previously covered transportation security at POLITICO.

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