The relationship between George Soros and U.S. politics has not been an easy one, Politico reports the Wall Street financial specialist is known as one of the biggest donors to Democratic candidates but also backs the End Citizens United campaign to reduce the influence of wealthy political donors. George Soros has been reported to have emerged during the 2016 U.S. Presidential election cycle as one of the most important and dedicated donors to the campaign for Hillary Clinton, which he is reported to have backed with a total donation reported to be around $25 million; although this may sound like a large amount of money to donate, but in 2004 George Soros provided around $27 million in funding for the campaign of Democrat John Kerry. Learn more on snopes.com about George.
There are a number of reasons why George Soros has decided to return to the political giving in 2016 that include both his friendship with Democrat Hillary Clinton and the antipathy the financial expert feels towards Donald Trump. As far back as the nomination cycle Soros was vocal in his anger towards Donald Trump and his fellow Republican Ted Cruz whose rhetoric Soros felt has the chance to do the work of ISIS for the terrorist group. The chance to bring equality to the most powerful position in the world is one Soros has remained committed to as he backed the campaign of Hillary Clinton in her quest for The White House, which comes amid a political friendship that has stretched over 25 years. The Hungarian born Wall Street expert has spent a large amount of time with Clinton in recent years as he assisted in preparing her policy choices as she prepared for the Presidential elections; Soros has gone so far as to admit he should have backed the former Secretary of State during the 2008 election cycle instead of throwing his weight behind the candidacy of former President Barrack Obama.
Read this story about George at Politico.com.
Forbes reports George Soros has been in control of his own hedge fund since 1969 when he established the find that would eventually morph into the Soros Fund Management company that is now thought to be worth around $30 billion. Not only has Soros provided a number of impressive donations to the campaign of Hillary Clinton, but he has also given a large amount of funding to groups supporting the protection and advancement of voting rights for minority groups across the U.S. Among the donations made by George Soros in 2016 was a $3 million donation made to the Immigrant Voters Win PAC that fights for the rights of Hispanic and African American voters who face increasing regulations to prove their right to vote.