George Soros is a multi-billionaire who made his fortune in the money markets. He is the founding Chairman of the Open Society Foundation (OSF), a philanthropy group with worldwide interests. The billionaire is valued at an estimated $25 billion. He is still keeping close tabs on the economic situation in Europe. It is estimated that George Soros has donated over $12 billion during his lifetime to just causes that promote accountability and transparency in government and freedom of speech.
George Soros recently made a comeback to fund politics during the recent US presidential elections in 2016. The last time he made significant contributions to direct political efforts was back in 2004. He supported the Democratic Party’s candidate John Kerry against the incumbent George Bush who reclaimed the seat. George Soros donated more than $25 million in 2016 to the Democratic Party’s campaign efforts supporting Hillary Clinton for the top seat.
George Soros has had a long history supporting the Democratic Party and groups backing its ideologies and political activities. He has a fervent desire to change the world and an equally strong position of wealth to do so. His recent efforts on the left-wing are a representation of the issues close to him that demonstrate why he opposes the GOP agenda. His aim is not just to have his allies in office. He strives to create a political force that can impact better policy, governance and social justice. Read this story at Politico about George Soros.
He has also donated over $20 million to various super PACs, committees, and campaigns supporting the Democratic Party and Hillary Clinton. Some of the super PACs include Priorities USA Action, American Bridge 21st Century, Immigrant Voters Win and Voting Rights Trust among many others. Besides, he also set the example for other wealthy supporters of the Democratic Party to follow his giving. Politico has an excellent piece outlining his comeback to politics.
According to Forbes, George Soros is still heavily involved in investments through Soros Fund Management, a family investment company he owns with over $30 billion in assets. George Soros leverages his wealth to influence political outcomes around the world to be aligned with his vision of social justice. His political spending seeks to create robust democracies that are transparent and accountable to society.
Through the OSF, George Soros hopes to advance the ideology of an open society free of government oppression and human rights violations. Basically, OSF is his vehicle to influence local and foreign politics and drive his social-political reform agendas throughout the world. In 2000, he co-signed a petition to the US President demanding a suspension of the death penalty.
George Soros is also an accomplished author with several titles to his name such as “The Alchemy of Finance,” published in 1987, “Open Society: Reforming Global Capitalism,” in 2001 and “The Tragedy of the European Union: Disintegration or Revival?”
Read more on NYTimes.com.