A Review Of George Soros’s Impact in the American Political Landscape

George Soros is a prominent billionaire investor. He is worth $25.2 billion. The investing heavyweight is the founder of Soros Fund Management. The company has an asset base of $30 billion. George is known to be a traditional supporter of liberal causes and a vocal critic of President Donald Trump. His name has often come up in American politics owing to his notable contributions. The celebrated investor was born in Hungary. Later, he fled to London where he joined the London School of Economics. He was forced to work as a waiter and a railway porter to see himself through school. After graduating, he rendered his services for a merchant bank before moving to New Work to work on Wall Street. After gaining immense experience, he established his own hedge fund in 1969. Later, George re-branded it to Quantum Fund. This investment cost him $12 million. Soros rose to prominence in 1992 when he made a fortune after betting against the British pound. Over the years, Soros has channeled his energies on investments. This information was originally reported on Forbes as outlined in this link https://www.forbes.com/profile/george-soros/

George Soros is an advocate for social issues like religious tolerance, immigration reform, racial parities and criminal justice reform. These issues have influenced his political inclination considering that he has supported candidates or initiatives that promote the issues he fights for. In 2004, George’s determination to defeat President George W. Bush was evident in his unprecedented spending of $27 million. The 2016 elections triggered his political giving again, as he emerged as the top donor for Democratic politics. George committed over $25 million in support of Hillary Clinton and other Democratic candidates. This information was derived from the Federal Election Commission and interviews with Soros’ associates and more information click here.

George and Hillary Clinton have known each other for over 25 years. This long term friendship motivated George Soros to give generously towards her campaign. He had even planned to attend the Democratic convention to support Clinton as she accepted the Democratic presidential nomination. Unfortunately, he could not attend the event owing to trading commitments back in Europe. And Twitter.com, In addition, Soros’ active participation in politics was fueled by his dislike for Donald Trump whom he once claimed to be doing the work of ISIS. He said that Trump instills fear in the people. Another reason why George gave generously during the 2016 elections was due to the mounting hostility in the issues that he cares most about. He channeled $7 million to Priorities USA, a super PAC inclined to Hillary. The wealthy investor also gave $2 million in support of American Bridge 21st Century, a super PAC that specializes in opposition research, with Trump as one of its targets. The other groups that received funding from Soros are Voting Rights Trust and Immigrant Voters Win. This information was originally mentioned on Politico as provided in the following link http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267