George Soros has always been a successful risk taker, but today he’s not taking any risks with the 2016 Democratic nominee. George Soros, worth an estimated $25 billion, has donated an estimated $25 million to the Clinton campaign in hopes of granting her presidency. This donation is hailed as one of the largest donations to the Clinton campaign, investing in their democratic policies. George hopes his massive donation will spark a flood of further donations from his billionaire peers.
This isn’t the first time the Hungarian-born investor has taken an interest in politics. George Soros reportedly donated $27 million in hopes of keeping George W. Bush from another presidency in 2004. Since then, he has scaled back on his donations, until now. It’s expected his contributions to Hillary and her campaign are far from over. He’s cited his distaste in Trump’s recent actions, even claiming he’s fearful of what could happen if he were to win the presidency. He both supports Hillary for the Democratic presidency as well as endorses Democrats taking over the house and senate seats. George Soros hopes the Democratic party reclaims majority to change policies with the first female president at the helm.
George Soros has always been interested in politics and the drastic effect it has on the world. Born in Budapest in 1930, he is a survivor of Nazi Germany during World War II. George has used his wealth as an avid philanthropist since 1979 and since created The Open Society Foundation on Investopedia. He hopes his foundation can improve the lives of ones oppressed around the world, encouraging human rights and transparency for all. The organization’s 100 different locations spent $835 million back in 2011. Soros’ is well known for his many articles and over a dozen books on economics and policy affecting our world. His most recent book is titled The Tragedy of the European Union.
During this campaign season, George Soros’ as given to a super PAC boosting Democratic Senate candidates as well as a super PAC to support candidates for abortion rights. His son Jonathan Soros says his father “has been a consistent donor to Democratic causes, but this year the political stakes are exceptionally high.”
George Soros has always been interested in politics, and its drastic affects it has on the world. Born in Budapest in 1930, he is a survivor of Nazi Germany during World War II. He has used his wealth to be an avid philanthropist since 1979, and created The Open Society Foundation. He hopes his foundation can improve the lives of ones oppressed throughout the world, encouraging human rights and transparency for all. Read more at The New York Times about George.