George Soros is among the top ranked hedge fund managers in the United States. Born in Hungary, Soros moved away and put himself through business school by working as a waiter and railway porter. Soros holds a degree in Bachelor of Arts, Science from London School of Economics. He later moved to New York and in 1969 using $ 12 million he founded an investment fund that is currently known as the Quantum Fund. In 1992 while partnering with Stan Druckenmiller, Soros became broke the Bank of England and made high returns.
Through Soros Fund Management, George Soros became an investment expert with assets amounting to $ 30 billion in his main office. In 2017 he hired Dawn Fitzpatrick as the hedge executive of Soros Funding Management. Dawn had earned her reputation from being among the loyal CIO at Soros Fund Management who activated liberal causes since 2002.
George Soros has also actively financially supported Democratic politics over the years. As per the Federal Election Committee reports his donations to Hilary’s campaign has amounted to $ 25 million while that of his associates’ amounts to $24.9 billion. In 2004 Soros sponsored a $ 27 million liberal spree that was headed by John Kerry to dethrone George W Bush. The challenge was however unsuccessful after 2004 Soros retraced back to his philanthropic roots. He resumed funding international foundations that advocated for human rights and democracy in Eastern Europe. Over the past 30 years, Soros has donated almost $ 13 billion to these foundations that funded both health care services and educational programs globally. Know more on businessinsider.com about George Soros.
In this year’s political race George Soros dived into the political scene again. He was the head sponsor of the Democrats politically. Soros’s major involvement also influence the involvement of other wealthy activists such as Tom Seyer who donated 31million, Don Sussman who gave 13.2 million to fund Democratic campaigns and gatherings, Haim Saban and Fred Eychaner who both donated $ 11.1 million.
George Soros’s involvement in this year’s political race was driven by his support for Hillary and opposition to her running mate, Donald Trump. Soros was initially supposed to attend Hillary’s Democratic convention in New York however he called it off when the condition of economic matters in Europe arose. According to Soros’s political adviser, Soros’s involvement in this year’s political matters was as a result of the rise in hostility in philanthropic issues Soros highly regarded. The rise in hostility in the immigration reforms, criminal justice reforms and religious tolerance caused his involvement. Read more at Washington Times.
George Soros donated $ 7 million to Priorities USA Action and was also expected add $3 million later on. He also gave $ 2 million to America Bridge a research organization formed to conduct research on Republican candidates and to the Democratic campaigns and committees an additional $ 700,000. These donations gave the Democrats the upper hand over their running mates, the Republicans which enabled them to set a solid campaign base.