The political landscape of the United States is filled with many different powerful and influential personalities, but one of the political figures that need special mention is George Soros. He has single-handedly supported and funded many causes he believes in and as a democratic supporter for years; he has pumped millions into the political campaigns of Democratic Party. George Soros is known for many reasons, starting with his highly successful hedge fund company to a successful career as a hedge funder and from being the financial backbone of Democrats to his unmatched philanthropy. Till date, George Soros has given $12 Billion in charity, which is one of the biggest amounts ever to be given to charity and for the social welfare. George Soros firmly believes in giving back to the society and he continually makes efforts in ensuring that he is able to do enough to empower the local and global communities that are in need of help. Read more on NYTimes.com
George Soros in order to monitor and manage his philanthropic efforts has a foundation named Open Society Foundation, which is regarded as one of the wealthiest charitable foundations of all times with the base funding of $2 Billion provided by George Soros. George Soros provided an estimated $30 million in the 2016 Presidential Election to the Clinton campaign and offered to provide more if there is a need. However, even after all he could do to support Clinton, Democratic Party was defeated by the Republican candidate Donald Trump, who George Soros has openly shown disliking for. It is primarily because of the rigid and one track policies of Trump’s administration that George Soros feel has the potential of derailing many of the social reform projects that he and his organizations has been working on.
George Soros recently pledged $500 million to provide to refugees, minorities, and immigrants to help them start a business of their own or to help their existing business grow. Investing in the business started by the immigrants and refugees, Soros feel, would motivate them and help them sustain the financial uncertainty they are going through at the moment. George Soros believe that the problems such as racial disparity, justice bias, and prejudice against minorities are increasing like never before in the country, and there needs to be a system in place to keep these things from aggravating any further. It is for this reason he believed Clinton was the right candidate as Soros felt that Clinton could have managed these affairs seamlessly. However, Soros has sincere doubts as to whether the Trump’s administration would be able to meet the expectations of the people of the United States and keep the society united.
George Soros, having survived two World Wars and seen some of the historic political events in the world, has developed a worldview that has a much broader horizon than the normal point of view people carry. It is for this reason he continues to work towards the causes he believes in and back the political candidates who champion the causes he believes in. Know more about George Soros on Investopedia.