George Soros, the hedge fund manager cum billionaire and philanthropist, is known for his fights for human causes. Though, he is one of the richest people in the world and a busy investor, Soros equally invests time in his philanthropy works as well including his Open Society Foundations activities and protests against inhuman activities around the world. In the 2016 Presidential Election, he actively fought against Donald Trump considering his divisive and rhetoric campaigns and unclear policies. In the election, he spent more than $25 million for Hillary Clinton and other candidates from Democratic Party to stop Trump. It should be noted that it was not the first time Soros making a spend-spree, as he did the same in 2004 Presidential Election as well to defend George W. Bush for his invasion to Iraq. Know more on CNBC about George Soros.
George Soros also mobilized funds for Democratic candidates in 2016 Elections by closely working with pro-Democratic billionaires which gave a significant upper hand against Republican candidates in the election. Soros has also given out funds to many pro-reform organizations for election and election funding. In 2016 June, Soros contributed $7 million to Priorities USA Action, a super PAC supporting Clinton. He also donated $5 million to Immigrant Voters Win, a super PAC working to increase the voting percentage and participation in Hispanic voters, especially in key swing states. Soros contributed to Voting Rights Trust as well, a group fighting against the efforts of conservatives to restrict voting. He donated $2 million to America Votes, a voter mobilization group.
Soros is also known for fighting against the social issues like human rights and civil rights violations. In 2014, he was the sole funder and inspiration of Ferguson protests which saw the fatal shooting of a black boy named Michael Brown. It created unrest in the city for several days and led to a nationwide protest which were focused on racial issues embed with the civil departments of United States. The internal information and the records reviewed by The Washington Times showed that Soros actively mobilized the groups with funds and voluntary organizations across the U.S. cities. It is reported that Soros spent at least $33 million to establish grass-root level movements including funding groups in Ferguson. Most of his contributions were channeled through his Open Society Foundations.
The Hungarian-born businessman built his business empire through risky currency trade, and currently, he has fortunes over $25 billion. Soros completed his graduation from London School of Economics, moved to U.S., and started career as a stock trader. In 1969, Soros established his fund management firm which became Soros Fund Management after four years. From early 80s, he started contributing for various causes and establishing open society foundations around the world. Official records show that he contributed more than $13 billion in the last three decades. Read more about George’s life story at biography.com