George Soros is an experienced hedge fund manager and a self-made billionaire of Hungarian origin. He is a firebrand left-wing political activist and philanthropist. He did odd jobs to finance his college education at the London School of Economics. George Soros started working at a merchant bank in the UK before moving to Wall Street in the US. He launched his first hedge fund in 1969.
He stole the spotlight in 1992 after he shorted the British pound for hefty returns. He runs his privately held investment firm, Soros Fund Management. The company boasts of an asset portfolio of over $30 billion. George Soros is estimated to be worth over $25 billion. He supports left-leaning liberal causes. He bounced back to the giving saddle in the 2016 election cycle to support the Democrats and learn more about George Soros.
He pledged over $25 million to support the candidature of Hillary Clinton and causes aligned to the Democratic Party. He is reported to have a long history of supporting the Democratic Party that spans over twenty-five years. The issues in the last election cycle are close to his heart. This includes religious tolerance, immigration reform as well as changes to the criminal justice system.
His contributions to the Democratic cause have opened the doors for other elite donors to join the bandwagon. He has given to multiple PACs and super PACs advocating for the Democratic cause. For example, he donated $7 million to Priorities USA Action with more expected. Another $5 million went to the Immigrant Voters Win. Additionally, another $5 million went to Voting Rights Trust. He gave $5,000 to End Citizens United, a PAC advocating for campaign finance reform.
Most of the super PACs are not mandated to observe strict financial reporting guidelines. They are neither required to report their source of funding nor their expenditure. George Soros is said to have spent more than $27 million in the 2004 election cycle to support the Democratic candidate John Kerry and more information click here.
Through the Open Society Foundation, he has spent over $13 billion in various causes across the globe. These include human rights, democratic governance, healthcare, and education. He maintains strong links to the Democracy Alliance, an enigmatic group of elite liberal donors. He also maintains an open-door relationship with Hillary Clinton conducive to policy discussions. Analysts argue that this close relationship with the Democratic presidential candidate reignited his giving and George’s lacrosse camp.
George Soros is vocal about the issues close to his heart such as geopolitics, the stock markets, and economics. He has written numerous books and given media interviews on the topics. Some of the books he has authored and published include “George Soros on Globalization,” “Open Society: Reforming Global Capitalism” and “The Tragedy of the European Union” among many others. He remains an influential force on the political scene and https://www.opensocietyfoundations.org/people/george-soros.