According to a recent article released by Politico, the billionaire investor, and philanthropist, George Soros has reemerged as one of the most prominent backers of the Democratic Party, after having scaled back his charitable contributions over the past few years. Mr. Soros made headlines during the Presidency of George Bush, as he spent an amazing $27 million in an effort to help defeat the Republican candidate. As of late, Mr. Soros has contributed over $25 million in additional funding in order to help catapult Hilliary Clinton into the Presidency of the United States, and if the experts are correct, his contributions may continue.
While Mr. Soros planned to attend a Democratic convention featuring Hilliary Clinton for which she would accept the Democratic Presidential nomination, his first ever, he decided to cancel the trip as he felt that the economic situation in Europe needed to be closely monitored. It is said that the relationship between Mr. Soros and Hilliary Clinton has existed for the better part of the last 25 years. The political climate today has cause Mr. Soros to become more actively involved than he has in recent years, and he has been quoted as saying the Republican representative, Donald Trump, is “doing the work of ISIS.” Although Mr. Soros has consistently backed the causes of the Democratic Party as a continual contributor, he feels that the stakes this year are considerably higher than they have been in recent years. Many of the issues that Mr. Soros feels the most strongly about, particularly immigration reform, religious tolerance, and criminal justice reform, have been explicitly challenged by the Republican Party and Donald Trump. Mr. Soros has recently been looked at as one of Hilliary Clinton’s key backers due to his financial strength, as well as the influence he casts amongst other Democratic backers of his caliber and George’s lacrosse camp.
In 2004, Mr. Soros was a staunch opposer to the war in Iraq and sees many parallels today in regards to the political climate. During this time, Mr. Soros famously compared George Bush’s Presidency to Hitler’s regime, and his efforts today have alluded to the fact that he believes these times encompass matters equally as critical. Although Mr. Soros stated that he would not become as heavily involved in the political arena after 2004, he also believes that in these desperate times, his actions are necessary and follow his Twitter.
Based on reports given by Forbes, George Soros is worth an astonishing $25.2 billion, having his fortune through risky currency exchanges. He is a native of Hungary, having fled the country before getting his education at the London School of Economics and working at a merchant bank. He established his own hedge fund in 1969 and made waves throughout Wall Street when he shorted the British Pound in 1992 and more information click here.