George Soros is a Hungarian- American billionaire investor, philanthropist, and political activist. He is popularly known for his exceptional funding in politics. In the ongoing presidential campaigns, he has emerged as the leading funder for Hillary Clinton and the Democratic Party. So far, he has donated over $25 million to boost Clinton and other Democratic candidates. According to his associates, Mr. George Soros is expected to give more as the election nears.
Close associates of Mr. Soros feel that he is more engaged in politics than he has never before. His strong faith in Clinton and their over 25 year’s relationship is the driving force beyond the substantial funding for the Democratic Party on nytimes.com. He also feels Clinton will combat terrorism in the world. Besides, he felt that only Clinton can handle the issues that he has worked for and cared for many years such as criminal justice, immigration reforms, and religious tolerance. Mr. Michael Vachon who is Soros political advisor says that the funding was even high before Trump became the Republican nominee.
Other Political Activists
Other influential liberals have also donated big chunks of money including Francisco Environmentalist Steyler who gave $31million, New York hedge founder Don Sussman $13.2 million and media moguls Haim Saban and Fred Eychner $11.1 million each but few has the impact of Soros.
The collective impact of the funding from different billionaires has been advantageous to Clinton over her Competitor Mr. trump. The massive funding enabled her to build a whining campaign system that dwarfs the Republican Party.
Further Funding From Mr. Soros
In June 2016, Soros donated $ 7 million to Priorities USA Action, which was meant to support Clinton. He has also committed $ 5 million to immigrant voters win that was aimed at increasing turnouts among Hispanic voters in the primary states.
Mr. Soros further committed $5 million to Voting rights Trust on Twitter, a nonprofit organization that is dedicated to fighting the Conservative idea to restrict voting. Since the organization’s tax code does not allow it to disclose its donors, it is believed that the funding from Mr. Soros to this organization might be more than the documented. Besides, it is estimated that Mr. Soros has donated more than $3 million to voter mobilization groups, which do not disclose their donors.
Past Political Activities
Mr. Soros was against Bush election and funded John Kerry in 2004. After Bush had emerged victoriously, Soros focused on charitable attention on international foundations to defend human rights, expand healthcare and education in the US and across the world as well as shaping the democratic process in Europe. On the other hand, Soros-backed Obama over Clinton in 2008, and later a difference emerged between the two due to the lack of aggressiveness in pursuing liberal priorities. Although he later backed Obama in the 2012 re-election, Soros regretted his idea and honored Clinton for her openness in policy discussion.