Did you know that George Soros has given away 45% of his net income in his lifetime? Yes, and most of his contributions have been provided in support of the political parties, the Democratic Party.
You may have noticed that from 2004 to 2016 George Soros was not in the political limelight. Yes, he was still supporting other organizations, but he had toned down on political support. He withdrew from contributing finances towards the election campaigns after he lost a substantial amount of money during the 2004 presidential election. During that time, George contributed approximately $27 million to defeat the Republican Presidential Candidate George Bush, who later emerged the winner.
George rose again to power in 2016 Presidential elections. Soros was supporting Hilary Clinton and, he contributed $25 million towards the election. Three reasons influenced Soros’s decision: He is a liberal and a strong Democrat supporter; he is a friend to Clinton, and most importantly the fear of seeing Trump win. On different occasions, Soros has said that Donald Trump was in support of ISIS.
George has also made significant contributions to different organizations that are linked to Clinton. In June 2016, Soros contributed $7 million in support of the PAC ‘Priorities USA Action. He also contributed $5 million towards the PAC ‘Immigrant Voters Win chaired by Hilary Clinton.
Besides the $25 million given in support of the Democrats, Soros also contributed $2 million in support of American Bridge. It is a PAC that is opposed to Trump and other Republicans.
Read more: http://www.forbes.com/profile/george-soros/
More about George Soros
George is worth $25.2 Billion and is the 23rd richest man in the world according to Forbes. The 85-Year old American-Hungarian was born in Budapest, Hungary. He later immigrated to England to pursue his education. George graduated with Bachelor of Science of Philosophy and later a Master’s degree from the London School of Economics.
George founded the Soros Hedge Fund Company in 1969. In 1992, he shorted the British Pound and, after the Black Wednesday, he made significant profits from the fall of the stock. Read more on Snopes about George Soros.
George began his philanthropic work in 1979 by supporting the Black students pursuing their education at the University of Cape Town. His charitable work includes the support of democratization through the Open Society Foundation.
In 2006, George Soros pledged $50 million in support of the Millennium Promise. This project was to provide education, medical, and agricultural support for the poor villages in Africa.
George, being an immigrant, has a soft place for the refugees and migrants. He set up a foundation that would support the companies owned and managed by the migrants especially from Europe.
He also supports the feminist’s group and has contributed $250,000 towards the different groups.
Read more story at Politico.com about George Soros.