Soros Pledges Up to $500 Million to Help Refugees, Migrants

People queue to cross the Greek-Macedonian border near the Greek village of Idomeni, on March 6, 2016.

Photographer: Louisa Gouliamaki/AFP via Getty Images
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Billionaire George Soros, owner of the $25 billion family office Soros Fund Management, has pledged to invest as much as $500 million to help refugees and migrants globally.

“We will invest in startups, established companies, social impact initiatives, and businesses started by migrants and refugees themselves,” Soros said in a statement Tuesday. “These investments are intended to be successful.”