George Soros, a prominent hedge fund manager and well-known philanthropist, is known for contributions in shaping a liberal world. He works with like-minded billionaires and lobbying for groups that work on various social and political challenges not only in U.S. but across the world. Soros fights for his beliefs and a better world order; he contributed $27 million to defeat President George W. Bush in the year 2004, as Soros was distressed with the Iraq war and the policies of the Bush administration. Later, he decided not to spend huge sums in the election and focused on his philanthropic activities including works on formulating the democratic process mainly in Eastern Europe; protect human rights and options to access quality education and healthcare for people around the world including U.S.
The situations in 2016 election have been made Soros come back to the political contribution arena again. He was upset with the policies of Donald Trump and decided to contribute for Hillary Clinton in the campaign. George Soros contributed at least $25 million in the campaign for Hillary. George also helped some PACs to work on voter mobilization campaigns, to fight against the efforts of conservatives to restrict voting, immigrant voting, etc. George understood that the policies of Trump in immigration reform, religious tolerance, and criminal justice reform could create deep social divisions in the society and disastrous in long-term. His contributions encouraged other liberal billionaires to contribute for Hillary in large chunks, and that helped her having a significant financial advantage over Trump in the Presidential election 2016. Visit projectsyndicate.com to know more about George.
Soros is known for his huge contributions to philanthropic activities. He has contributed at least $13 billion in total during the past three decades. George influences across the world with his open society foundations that spread the importance of democratic process and campaigns against social and financial inequality. It should be noted that his more than $25 billion fortune amassed from mainly the risky currency trades. Though Soros contributes large amounts against the evils that create divisions in the society, he is also fighting against the unaccounted and unprecedented money flow into the election process. With that motive, he contributed $5,000 – the ceiling amount, to End Citizens United, a PAC fighting against unaccounted money flow in electioneering.
Soros was born in Hungary and graduated from London School of Economics before making a foray into finance and trading. Later, he moved to New York and started his life as an investor and established his first hedge fund for $12 million in 1969. He is considered to be the richest hedge fund manager with his Soros Fund Management, which has more than $30 billion assets. In 1992, he made a short sale of at least US$10 billion worth GBP and made a profit of $1 billion, and since then, he was called as the man who broke Britain’s Bank of England.
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