George Soros Shows Support for the Democrats

George Soros is one of the most respected hedge fund managers in the United States. Soros is also one of the wealthiest individuals in the country. Last year, the billionaire returned into politics in a big way. The investor had been quiet for several years, but he managed to donate twenty-five million dollars to support Hillary Clinton’s presidential campaign. The money donated by the investor will also be used to support other presidential candidates in the elections too.

Close associates say that this was a positive sign for Clinton and her team. The Open Society founder is respected in the country, and his decisions are not taken lightly. Soros had made generous donations in the year 2004 when he was supporting Senator John Kerry to race against the former president of the US, George Bush. The billionaire gave $27 million to ensure that his candidate of choice won in the election.

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Individuals close to the billionaire say that the donation given by George Soros is as a result of the confidence he had in Hilary Clinton. These people also say that the billionaire was doing all he can to make sure that Donald Trump, Clinton’s main competitor does not win in the presidential race. Soros said that Trump has only been doing the work of ISIS, and electing him to office will be a great mistake for the country. George Soros established the Open Society Foundations.

George Soros has also given eight million dollars to Super Pac, a group that supports Hillary Clinton. FEC has reported that the investor had donated two million dollars to another committee that supports the Democrats too. The group known as The American Bridge 21st Century is very popular, and it is against the Republican candidates. The successful investor has also committed five million to a super PAC known as Immigrant Voters Win. The group is focused on getting the Latino people to vote in large numbers during the elections. The billionaire has also promised to give five million to an organization known as Voting Rights Trust. The group was established several years ago to fight the voting restrictions that have been initiated by the conservative political candidates.

The billionaires giving were a big boost for Hilary Clinton and other Democratic candidates from all over the country. Political experts say that George Soros represents a significant influence on other wealthy donors. The billionaire is considered to be a political master in American politics, and this is a good sign for Hilary. Soros has several businesses in the country, and most of them are successful. His expertise in economics and finance has played a crucial role in his enormous wealth.

Read more about George’s life story at biography.com.