Billionaire investor, hedge-fund owner, philanthropist and political force George Soros is back in the political game once again, after taking several steps back in recent years. According to a recent story in Politico, Soros, who had given major funding to political groups working against the re-election of George W. Bush back in 2004, stepped back from the political arena during the Obama years. Yet Soros has come back, and is as involved in politics as ever. All of this is quite a feat for a man in his mid-80s, but this Hungarian immigrant and war survivor has always defied the odds. Now it seems he is doing it all over again. Know more on cnbc.com about George Soros.
A Relationship with Clinton
Soros made himself a political presence again when Hillary Clinton’s presidential run fired up last year. Soros gave $25 million to help support Clinton’s campaign, as he strongly believed in her as a candidate, and believed that she would prevail. He was also strongly motivated by his distrust of candidate Donald Trump. According to Soros, Trump is “doing the work of ISIS” by stirring up so much fear in the US and around the world.
Soros ability to give so lavishly to political campaigns comes from his unparalleled success as a hedge fund manager and as a currency trader. Soros has always been willing to take major risks, and his track record shows his incredible financial acumen. He’s currently thought to be worth $24.9 billion, and is again active in the financial markets. One of the positive aspects behind George Soros generosity as a political donor is his way of motivating other donors to give even more. It all adds up to a lot of influence in this realm, and Soros is committed to really making a difference however he can.
Soros’ political activities have made him many enemies among conservative groups, but that’s not something that will ever slow down the dynamic Soros. Now that Trump is president, there’s no doubt George Soros will continue to be active in politics for the foreseeable future. Read more about George at The New York Times.