Soros’ Political Reemergence
The world remembers the prominent George Soros for his significant financial input in the 2004 elections where he spent approximately $27 million in a bid to beat George Bush, the then president of the United States. After 2004, Soros went missing in action during the recently concluded election which marked his reemergence. George Soros donated over $25million aimed at boosting Hillary Clinton’s bid in the presidential candidature in addition to other Democratic causes linked to the Federal Election Commission. The amount was to cover the interviews and fundraising events made to assist Hillary Clinton in winning the just concluded presidential elections. Soros who had amassed an estimated fortune of about $24.9 billion was expected to channel more contribution to the elections.
Soros Supports Hillary Clinton
Although Soros was scheduled to attend the Democratic Convention meeting and witness Hillary Clinton’s presidential U.S. nomination acceptance on Forbes, he had to travel for business and manage the trade and industry situation in Europe. Soros has been a great supporter of Hillary Clinton with 25 years political relationship. With that, Soros was more politically inclined than in the past. He was motivated and believed in Hillary Clinton’s ability to lead the country. Having been a consistent contributor to issues of democracy on opensocietyfoundations.org, the political stakes of 2016 elections were notably higher. The stakes were before the nominations because Mr. Trump supported the opposite side of all Soros cared about hence his insecurity. The issues ranged from the reformation of criminal justice, immigration, and religious tolerance.
Contribution to Groups and Supporters
Soros’ willingness to see Hillary Clinton beat Trump was evident by his efforts to transform the money spigot to finance Hillary’s campaign team. Compared to other donors, Soros effort roots from his wealth as he is a billionaire. Other elites like Tom Steyer and Don Sossman contributed from San Francisco thanks to Soros. By June, Soros had contributed approximately $7 million in the priorities department in his support to Hillary Clinton. This marked the hugest contribution in the political race at http://time.com/4581137/george-soros-donald-trump-hate-crime-minorities-election/. He was meant to give an additional $3 million to the FEC group. The FEC records indicate that Soros contributed an additional $2million to American Bridget, a 21st Century group that has been looking forward to beating Trump in addition to other Republican Candidates. He also channeled $700,000 to a group of Democratic Committees and campaigns.
About George Soros
Soros is the founder of Soros Fund Organization. He is also the founder of Open Society Foundations. Born in 1930, Soros hails from Budapest. He attended London School of Economics and graduated with a bachelor’s degree. Soros settled in America and did business to accumulate wealth through international investment. Soros has been an active philanthropist from 1979 when he started donating funds to assist black students with getting an education at Cape Town University. His foundations currently function in over 100 countries. Their yearly expenses surmount $835 million. The organizations work to encourage the worth of open society, transparency, and humanity. George is also the author of several books like Tragedy of European Union, published in 2014. He secured columns in newspapers and magazines where he publishes political posts, economic and humanitarian.