Decades Later and George Soros Fights On

The biography of George Soros brings out a man who has come face to face with a real struggle. Born in Hungary, the 87-year-old lived at a time when the Nazis occupied Budapest. He saw the struggles his father went through trying to save the entire family. They would later escape to London where George Soros put himself through the London School of Economics while working as a railway porter and a waiter. When he finished his college education, George started working in the finance department of a merchant Bank. Later on, he relocated to New York, began working on Wall Street and in 1969, he formed a hedge fund worth $12 million which was later rebranded to Quantum Fund. Several decades later, George Soros is still a heavyweight investor through the Soros Fund Management, and his family office has assets worth more than $30 billion. This year, Soros appointed one of the most prominent women in Wall Street, Dawn Fitzpatrick, to serve as the CIO of SFM. Dawn comes in as the 7th chief investment officer of SFM since 2000. George’s real time net worth is $25.2 billion, according to Forbes.

Irrespective of his age, the fierce critic of the US president Donald J. Trump is still on the forefront of the ideological struggles that characterize the world’s politics. He began this struggle a long time ago and even founded the Open Society Foundation in 1984. Among the earliest initiatives of the foundation was to supply copy machines to the Universities, civil society groups and libraries in his native (at the time a Soviet-dominated Hungary) to help them reprint banned publications. When the Berlin Wall fell, George Soros extended his advisory services to help them enjoy a smooth transition to free markets and democracy. His foundation collaborated with the local politicians and the dissidents – the majority of which played significant roles in the key events during the histories of their countries. Read more on NYTimes.com.

Today, George Soros funds the activities of the Democratic Party, and several causes such as Black Lives Matters. George Soros showed open opposition to the Donald Trump’s presidency and even funded Hillary Clinton’s campaigns last year. He uses the various networks of Open Society Foundations (located in over 100 countries) to push for his agendas that touch on justice and social concerns. While he is seen as a hero on one side, the world dictators do not tend to express anything positive thing about George Soros. Nevertheless, he is never cowed by such sentiments. In September 2016, George Soros gave out $500 million to help in financing the businesses established and managed by migrants, the refugees, and the host communities, according to Politico. George believes in a world where the political leaders allow democracy to prevail, and governments are accountable to their citizens.

Read more: https://www.project-syndicate.org/columnist/george-soros

Why George Soros has contributed a lot to Hillary Clinton’s campaign

After 2004, everyone knew that George Soros was never going to be active in matters of national politics. This was after he went against George Bush’s presidential bid, by funding his opponent. Since then, George Soros has insignificantly made monetary contributions to political parties, or individuals. Before 2008, he teamed together with other investors to form the Democratic Alliance, a movement that worked to make donations to support the Democratic presidential candidate, who was then Barrack Obama. This was the closest Soros ever came to being involved in politics. He, however confessed that he regretted backing Obama, and that he should have supported Hillary Clinton in the party’s primaries on Forbes.

Soros’, in 2016, seems to have changed his mind about not getting involved in politics. As a matter of fact, he seems enthusiastic about it, more that ever before. Compared to 2004, when George Soros spent a whopping $27 million to try and defeat Bush, the billionaire has already contributed $25 million to Clinton’s campaign. With the elections fast approaching, the spending is expected to increase, as indicated by sources close to the billionaire.

His reemergence, though unexpected, is certainly explainable. Soros regretted not supporting Clinton in 2008. This may have been his motivation on opensocietyfoundations.org. Secondly, Clinton and Soros have been close allies for over 20 years. Furthermore, Clinton’s principles seem to be in line with what Soros stands for. What makes it worse for Donald Trump, the Republican’s preferred presidential candidate, is that Soros has never liked his ideologies. Reforms such as the criminal justice reform, and the immigration reform, are things developments that Soros has always worked against.

To show his solemn support for Clinton’s candidature, George Soros was to attend the Democratic convention, something he had never done before. It was at the convention that Clinton was to accept her nomination as the party’s flag bearer. Soros, however, failed to turn up. A close associate of his says that, this was so because his boss had to run things in Europe. It seems like the billionaire has recently gone back to active trading. Despite all this, Soros’ support for Clinton will definitely be a huge problem for Trump’s team at http://time.com/4581137/george-soros-donald-trump-hate-crime-minorities-election/.