George Soros Reemerges As The Leading Supporter Of Democratic Causes

George Soros is a Hungary-born American billionaire. According to Forbes, George is worth $25.2 billion. He is the founder of the Soros Fund Management, LLC. Soros fled Hungary during the Nazi occupation. He attended the London School of Economics. While studying, George worked as a railway porter and waiter. Later, he started a career in the finance industry by working for a merchant bank. Soros moved to New York and started working in Wall Street. In 1969, Soros established his own hedge fund with a capital $12 million. After re-branding, the hedge fund was adopted a new name, Quantum Fund. In 1992, Soros shortened the British pound and ended up making a huge profit. Soros became famous as the man that broke the Bank of England. Today, Soros still ranks as one of the leading investors. He continues to invest through his family office, Soros Management Fund, which has $30 billion in assets. In 2017, he hired Dawn Fitzpatrick to work as the chief investment officer of Soros Management Fund. Dawn is one of the respected women in Wall Street. Since 2000, she is the seventh chief investment officer of the firm. For a long time, Soros has been a supporter of liberal causes. Additionally, he has been a stern critic of President Donald Trump. This information was originally mentioned on Forbes as explained in the following link https://www.forbes.com/profile/george-soros/

In the last election cycle, Soros made his comeback to political giving. Initially, he had scaled back his political donations after spending $27 million in 2004 in a bid to defeat President George W. Bush. Soros quietly reemerged as the top funder of Democratic politics and the main boogeyman of the conservatives. According to Democratic fundraising operatives and the Federal Election Commission records, George committed over $25 million to support Hillary Clinton’s campaigns, other Democratic candidates and causes. Moreover, his associates noted that they expected him to give even more as the Election Day neared and George’s Webstie.

Soros made his fortune through risky currency trades. The billionaire had planned to attend his inaugural Democratic convention to watch Clinton accept the Democratic presidential nomination. However, he decided to cancel his plan to attend the convention because he felt the need to monitor Europe’s economic situation closely after returning to active trading. And his Twitter, Nevertheless, people close to him said that he seemed to be more politically involved. They noted that Soros had been motivated by his fear of Clinton’s GOP rival Donald Trump and his faith in her. His political adviser, Michael Vachon, said that Soros has been donating to Democratic causes consistently. In the past election, the political stakes were outstandingly high. According to him, they were high even before Trump was announced as the Republican nominee owing to the hostilities that they had on the several issues that Soros holds dear to his heart. These issues comprise criminal justice reform, immigration reform, and religious tolerance. Soros has worked to support these issues for many years. This information was originally reported on Politico as outlined in this link http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267