George Soros has shaped and influenced the election outcomes in the US for the past 20 years. The first time round, he ended up donating close to $30 million dollars in the closely contested US presidential elections of ’04. The staunch Democrat resurfaced again in the recently concluded elections which saw Hillary Clinton, Soros choice, lose to the Republican Party nominee Donald Trump. According to revelations just surfacing, Soros and his campaign machine coughed up no less than $25 million to Super PAC’s in 2016.
Learn more about George at Biography.com.
Soros Misses Hillary’s Big Night
Hillary was assured of a win against his main rival contender, Bernie Sanders at the Democratic Convention. Consequently, Mrs. Clinton made sure to extend invitations to all the influential personalities like George Soros who had supported in her corner from the word go. All of the VIP invites turned up to cheer on Hillary Clinton, but Soros was missing in action. The billionaire investor later came out and issued a statement explaining his noticeable absence at the political event. He’s said to have been committed with currency trading deals in Europe.
Soros happens to be Trump’s number one adversary. Trump’s intolerant nature doesn’t auger well with the 85-year-old Hungarian immigrant. Maybe, Trump’s stance conjures up the horrible memories Soros has living under Nazi German occupied territory in his youth. The incumbent president goes against all the social and moral values held dear by the billionaire.
Investors are often a loyal lot. They support each other, and they vote as a block. No wonder billionaire donors like Tom Steyer and Don Sussman quickly declared their support for Hillary once George Soros made his stand public. Hillary’s winning chances shot upwards after the realization that Donald Trump was not receiving any financial assistance from the usual Republican billionaire donors. According to the report released by FEC here are the leading beneficiaries of the $25 million from Soros:-
- Priorities USA Action
- American Bridge 21st Century
- Immigrant Voters Win
- Voting Rights Trust
- End Citizens United
Soros Vs Republicans
Asides the above listed Super PAC associations, the funds also benefited the campaign kitties of individual senators and other Democratic Party aspirants. After the surprise elections outcomes of 2004, Soros faced a lot of heat and criticism from the Republicans. They accused him of attempting to manipulate the election results to further his personal cause and agenda. He vehemently denied those outrageous allegations and later on he completely disappeared from the public spotlight. His resurgence in the last elections prompted a lot of questions from the public. Most of which remain unanswered.
About George Soros
Soros has remained on the Forbes list of the world’s richest people for years. He’s current wealth is estimated to be at $25.2B in 2017. He was born in 1930 in Hungary to middle-class parents. The venture capitalist later attended the prestigious London School of Economics. Soros continues to donate and pledge millions of dollars to various causes and charities. He owns and runs the Open Society Foundation. Read his profile at Forbes.