George Soros is certainly one of the most iconic figures in America. Soros, who is a Hungarian-born American and economics graduate from the London school of economics, is a notable billionaire investor who controls a multi-billion business empire. George Soros’ contribution in the economic platform has earned him global recognition as an economic prophet. Also, he is known for his in-depth analysis of the global economy. His analysis on social, economic and political views affecting the European Union and the world as a whole are widely respected. He has given keynote addresses on various global economic and political forums. The billionaire investor is also a renowned author of numerous articles in world newspapers, journals, and magazines.
George Soros’s acts of philanthropy are not limited to charitable organizations only. The long-time Democratic supporter has been contributing significantly to the American Democratic presidential campaigns. His love for the Democratic Party has seen him being a principal financier to the success of the Democratic presidential campaigns. He has actively been contributing to the campaigns of former Democratic presidential candidates. In 2004, he generously donated to John Kerry’s presidential campaigns. Also, he was a principal financier for President Barrack Obama’s reelection campaigns in 2012. Additionally, he gave more than $20 million to pro-democratic groups who tried to oust the then-president George W. Bush.
George Soros has yet done it again for this year’s democratic presidential elections in a big way. The Democratic front-runner Hillary Rodham Clinton got a significant financial boost for her campaigns. It is reported that the billionaire has donated an elephant’s share of the total amount of funds raised for the 2016 democratic presidential elections. According to credible sources relating to financial statements released by the campaigns Committee, George Soros contributed $ 6million to a super PAC supporting the Democratic front-runner Hillary Clinton.
Read more: George Soros gives Big to Hillary Clinton’s Campaigns
The report also shows that the investor has contributed a total of $7 million in this year’s cycle to priorities USA action. A total of $ 41million has been raised towards Clinton’s campaigns in 2015. This is estimated to be a quarter of the contributions made towards the campaigns. This places George Soros to be among the biggest financiers of American politics since time immemorial. This act has put Soros as among few wealthy liberal Democrats who have shown willingness to spend massively in the Democratic campaigns.
The billionaire’s injection of $ 8 million to Hillary Clinton’s campaigns is a significant game changer to other Democratic candidates who have so far managed to raise a staggering amount of money towards their campaigns. With other candidates raising complaints about big money in politics, Hillary seems to be winning the race in securing mega financial support from wealthy Democrats like George Soros.
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