The New York based, hedge fund magnate George Soros has built a reputation as a savvy businessman, foremost philanthropist and supporter of liberal ideals and the Democratic Party. In the run up to the 2016 US elections, Soros made a huge comeback in the campaign funding with a hefty donation of $25 million to support Hillary Clinton and downstream Democratic Party candidates vying for various political offices. In a report published on Politico on July 27 2016, the $25 million donation was the highest the billionaire investor had ever given since 2004, when he offered $27 million to support John Kerry’s presidential bid against George W. Bush. George Soros is estimated to have a fortune approaching $25 billion. The reemergence of Soros, whom many conservative heads and grass root groups see as a bogeyman was motivated by a number of factors, among them his faith in Clinton’s candidacy and fear of the her GOP counterpart, Donald Trump.
To show his support for Clinton, the 85 year old billionaire set out an elaborate plan to attend the Democratic Party Convention held in the swing state of Pennsylvania to watch Clinton take the reins of the party. However, his trading engagement forced him to cancel what would have been his appearance. On his disavowal of Trump, Soros has on several occasions accused Trump and his Republican Party on a number of issues. One of the accusations that reverberated the most was a charge that Trump was doing the bidding on behalf of the ISIL terrorist group by stroking unjustifiable fears. Other than Hillary Clinton and the Democratic Party candidates, the other groups that received funding from George Soros during the 2016 campaign season included PAC called End Citizen United, America Votes and Voting Rights Trusts. End Citizen United supported Clinton’s position to push campaign finance reforms while the Voting Rights Trusts is committed to fighting conservative efforts to restrict voting.
Outside politics, Soros push to support various philanthropic causes, justice and the rights of the oppressed continue to be felt far and wide. In January 2017, The Washington Times revealed that Soros was the financial center behind the Ferguson protest movement that demonstrated against the shooting of Michael Brown by Officer Darren Wilson in Missouri. For several years, Soros has been supporting the movement as a strategy to spur the masses across the US to air their pressing grievances and make the society more accountable. The support provided by George Soros is channeled to various grassroots groups through his non-profit, Open Societies Foundations. The groups support various causes including education, justice, transparency, freedom of expression and accountability. According to Opensocietyfoundations.org, Soros has given away over $12 billion in lifetime giving to various philanthropic causes.