George Soros is a famous billionaire investor who is based in the United States. He was born in Hungary and later flee to Britain where he acquired his education. He moved to the US after completing his University education. In the US, Soros managed to make a lot money, becoming of the most influential and respected individuals in the country.
For many years, George Soros has been influential in the American politics on wsj.com. He started his political giving when he spent over twenty seven million to try and defeat the former president of US, George Bush. He went quiet after that, but this year, he came out to fund the Democrats.
The United States will be going for its general elections this year in November. The billionaire has given over twenty five million dollars to support the Democratic Presidential candidate, Hillary Clinton. The money has also been used to support other Democratic causes and candidates. According to the country’s Federal Election Commission and Democratic fundraising operatives, the billionaire has spent and committed more funds to ensure that his part wins the elections. The close associates of the billionaire say that he might be donating more money before the elections.
The eighty five year old trader wanted to attend a democratic convention this year where Hillary Clinton would be endorsed as the presidential candidate. Clinton and Soros have known each other for over twenty five years, and they have always maintained a good relationship. Later, George Soros cancelled the trip to the convention, claiming that he wanted to monitor the economic climate in Europe for a longer time.
Read more: George Soros – CNBC
Individuals who are close to the billionaire say that this year he has been more politically engaged than ever. He seems to be more motivated than he has ever been. This has been attributed to the faith he has in Clinton and the fear of Donald Trump winning the presidential elections. George Soros believes that Trump is a project of ISIS.
According to the political adviser of the billionaire, Michael Vachon, George Soros has always been consistent when donating funds to Democratic causes. However, this year, the political stakes from the billionaire have been extremely high. Michael says that the stakes have been high for some time, even before Donald Trump was nominated to contest for the presidential seat. George has always cared about different issues in the society such as criminal justice, immigration and religious tolerance. He believes that Clinton will be the right person to address these issues.
George is the founder of the Open Society Foundations and other organizations in the world. He has also invested in different companies in the world. He is considered to be one of the richest individuals in the country.