Hungarian-American investor and philanthropist George Soros plans to donate billions of dollars to universities to bolster democracy and educate marginalized communities.
Soros has pledged it on the sidelines of the World Economic Forum in Switzerland, wishing to use the funds linked to the existing network of universities around the world, and responding to global warming, political trends and protest activities.
"Last year, the most powerful forces, the United States, China and Russia, remained in the hands of potential and current doctors, and the number of authoritarian governments is growing," said the 89-year-old billionaire.
The funds will also be used for students from marginalized communities, including the large European Roma community, Soros said.