He stands among the wealthiest people in the world with a fortune of over $ 25 billion. George Soros is back to political giving after his political donations in 2004 that sought to un-sit president George W Bush. The billionaire investor has emerged and is backing the Democratic candidate Hillary Clinton. He donated over $25 million to the campaign of Hillary Clinton and other Democratic members. Close sources to the
billionaire said that he was to attend a convention where Hillary received her nomination as the presidential candidate for the Democrats. Sources close to him attributed his re-emergence with the political stakes with the year’s election. Additionally, his close relation and faith in Clinton also acted as a factor. Moreover, the fear of Donald Trump also catalyzed his emergence. He has, during many times, attributed Donald Trump with ISIS. Trump also posed a threat to matters of concern to the billionaire including the immigration reforms, religious tolerance, and criminal justice reforms. George Soros contribution to Hillary Clinton’s campaign got received with arms wide open. His contribution would catalyze donations from other wealthy individuals. In the span of the campaigns, George Soros committed $ 5 million to institutions that sought to fight the conservative efforts to restrict voting. Additionally, George Soros donated over $ 2 million to groups that mobilized minority voters. Learn more on Discover the Networks about George Soros.
After the re-election of President Bush in 2004, George Soros retracted from political spending and focused on supporting international philanthropic foundations. Through these foundations, he has donated over $ 13 billion over the past 30 years. Most of this money is funneled to institution fighting for human rights; expand the access to health care and education across the globe. Soros was also responsible for the launch of a donor club responsible for funding long-time fights such as combating climate change and income inequality.
According to interviews with the leading players and records brought to light by The Washington Times, George Soros was the man behind the Ferguson protests. He spurred the protests through years of funding and mobilization. Tax filings show that he donated at least $ 33 million to established groups that participated in the protests. George Soros philanthropic deeds, however, began in 1979. He started by funding the educations of blacks in the Apartheid South Africa. In 1984, he founded a foundation in Hungary. He continued by forming organizations that brought the establishment of democratic governments in countries that had previously been occupied by the Soviet empire. He was born in Budapest and survived the Nazi Germany occupation of Hungary. He immigrated to England and studied economics. Later, he moved to the States where through his knowledge, he has acquired his wealth. His struggle during his younger years contributes to his philanthropic activities. Know more on cnbc.com about George Soros.