The billionaire and financier philanthropist came back to the political scene after his previous failed effort to keep George W. Bush from office in 2004. George Soros recently donated $6 million towards the leading PAC that supports Hillary Clinton’s campaign. The presidential campaign marks a mega return of the world’s billionaire and financier and makes him one of the biggest givers in all of the American politics.
The large check he gave brings to $8 million that the Hungarian-born investor has spent that amount to Clinton groups too. Soros had previously donated other amounts in the previous year to Clinton and backed up PAC. George Soros is a philanthropist among the wealthy Democrats. He is among the few liberals that have shown a genuine willingness to drop an eight-figure simply to fund the campaigns on topics.wsj.com. He has previously donated more than $20 million in 2004 to groups that wanted to oust President George W. Bush. After his failed attempt, he dialed back his money and never had any much political spending afterward.
Despite this, Soros was able to give $1 million, to priorities within the USA in 2012. The amount was primarily dedicated to supporting President Obama’s re-election on politico.com. In the same year, he told a close Clinton friend that he regrets giving support to Obama over her in the 2008 preliminary campaigns. He later praised Clinton for giving him an opportunity to discuss great policy. All these were indicated in emails released the previous month by the State Department.
About George Soros
George Soros is a billionaire known for his philanthropic work and his investments. He was born in Budapest, Hungary in mid-1930. During his early years, he fled the Nazis in the 1940s and moved to New York in 1956 where he began his life of finance. He began his philanthropic efforts as early as 1979. By 2012 Soros had donated in his entire life amounts that went beyond $7billion, most of these amounts were made through his Open Society Foundations.
The Open Society Foundations was established in 1984. The foundation had a range of activities such as advancing education, public health, business development, justice and having an independent media on project-syndicate.org. Soros has in the past supported several causes that have helped other non-profit organizations and calamities. He has aided regions struck by natural disasters, funded several arts programs and established an after-school program in New York.
George has become a beloved person through the many organizations he has funded to help shape up the society. He has undertaken several humanitarian projects, funded several financial empires and most of all written 12 books that have a keen focus on subjects about the war on global capitalism. George Soros is today a giant in finance and a highly influential figure in giving.