Billionaire Soros to invest $500 million to help migrants, refugees

(Reuters) - Billionaire investor George Soros said on Tuesday, he would invest $500 million (385.39 million pounds) to meet the needs of migrants and refugees. "We will invest in startups, established companies, social impact initiatives, and businesses started by migrants and refugees themselves," Soros said in a statement. Soros first made the announcement in an opinion piece in the Wall Street Journal.