George Soros is a business magnate who was born on August 1930. He is of Hungarian-American descent and is also an active philanthropist and investor. George Soros has been described as one of the world’s most successful investors. He had a net worth of approximately $25.2 billion by May 2017. This put him on the list of the world’s most richest individuals. George Soros who was born in Budapest is a survivor of the famous Nazi Germany. He graduated from the London School of Economics where he studied both bachelors and masters degree in Philosophy. George started his first company, Double Eagle which is a hedge fund in 1969. Read more about George at The New York Times.
George Soros is a very popular and active supporter of the American progressive and liberal political causes. He gives out his donations via the Open Society Foundations which he founded. Soros gave out approximately $11billion from 1979 to 2011 to many different philanthropic causes. He mostly supports civil initiatives that are aimed at eliminating poverty and enhancing transparency. George Soros also gives out scholarships to needy students across many universities in the world. During the early 1990s, Soros played an important part in a peaceful move of communism to capitalism which was in Eastern Europe. Learn more about his profile at Forbes.com.
Political recently published an article about the rise of George Soros. It was stated that the billionaire investor gave out $25 million in support of Hillary Clinton. Hillary was running for the US presidency in the recent elections and Soros was her huge supporter. George Soros has been described as a top funder when it comes to Democratic politics in the US. According to Politico, Soros has a 25-year long relationship with Clinton and that he planned to give out more funds as the Election Day came closer. Sources close to George stated that this election period he seemed more engaged politically compared to the past years. George believes that Clinton needs to win the presidency since her rival Donald Trump is not well suited for the seat. Soros also compared Trump with ISIS by saying that he strokes fear. Michael Vachon who serves as the political adviser of George Soros stated that his boss had for a long time being a huge donor when it comes to Democratic causes. He however added that the political stakes were higher this time round.
On an article that was written by Kelly Riddell of The Washington Times, George Soros was involved in the recent Ferguson protest movement. Soros is said to have funded the movement for years as well as mobilizing groups all over the united States. All together, George contributed $33 million in a span of one year to the Ferguson protest movement. This was according to the recent tax fillings of George Soros Open Society Foundation.