George Soros, one of the world’s richest entrepreneurs, made headlines in 2004 when he pumped a record $27 million to the anti-Bush campaign. Even though President Bush defeated his Democrat opponent, Soros had made a resounding announcement of how far he can take his political giving. But after 2004, the Hungary-born American made a sabbatical from actively participating in campaigns, only to resurface last year in the run-up to the presidential vote. It was confirmed that he had made donations to Hillary Clinton’s campaigns to the tune of $25 million by July. However, his confidants revealed that the figure could have risen to over $50 million. Apparently, Soros and Hillary have known each other for over 25 years. As for Donald Trump, his policies and stand on some social as well as governance issues were not rubbing Soros in the right way. http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267
Unrelenting Support for Hillary
Some issues, such as religious tolerance and immigration reforms that Trump seemed to demean openly are so dear to Soros that he wasn’t willing to leave anything to chance. He wanted Trump’s march to white house stopped through the ballot. Were it not for some business commitments, George Soros had shown his interest in attending the Democrats convention last year. It was in this convention that Hillary was officially unveiled as the Democratic presidential candidate. Soros’ entry into Hillary’s campaign was seen as a blessing for by her supporters. Unlike other donors who usually make donations and then stop at that, Soros can mobilize other billionaires to jump in and make donations as well. Some of the other notable donors that were supporting Hillary include Tom Steyer, an environmentalist from San Francisco, Don Sussman, a hedge funder from New York, and Fred Eychaner, a top investor in the media industry. This could explain why there were more pomp and color in Hillary’s camp as compared to Trump’s.
The Ferguson Movement Protest
George Soros has also had a hand in the success of the Ferguson movement protest. Washington Times reported in 2015 that the billionaire was pumping millions in support of the movement through his organization, Open Society Foundations. It was estimated that Soros had given a figure in the region of $33 million to activist groups that were doing grassroots mobilization for the movement. According to Open Society Foundations’ director, Mr. Kenneth Zimmerman, the foundation remains focused on bringing organizations together so as they can together bring the much-needed accountability in the American societies. Read his profile at Washington Times.
Organizations supported by George Soros tend to be more lively and aggressive in their campaigns than other society groups. They mobilize people from the ground, to the social media, and to all other online platforms. The research capacity of these groups is also unmatched, something that makes their articulation of issues convincing. Some of the organizations that made the Ferguson movement protest gather such a huge momentum included the Drug Policy Alliance, the Advancement Project and Center for Community Change, and Equal Justice USA. The Drug Policy Alliance, for example, receives an annual funding of $4 million from George Soros. This is part of Soros’ support to liberal-mindedness. It is estimated that he his organizations, The Foundation to Promote Open Society and Open Society Institute, manage almost $3 billion annually. Know more on cnbc.com about George Soros.