George Soros: Wealth and Political Affiliations

George Soros is the founder and the current CEO of the Soros Fund Management LLC, an organization that deals in funding various organizations and groups of people towards achieving their dreams or ambitions. Born in Hungary, George Soros has established himself as a business magnate and a force to reckon with when it comes to investment and funding. His success in the management field has earned him a spot on the Forbes list of some of the richest and most influential businesspeople in the world. As a matter of fact, in the year 2016, Forbes estimated George Soros to be worth more than $25.2 billion.

Since its inception in the year 1969 as the Quantum Fund, the Soros Fund Management has grown drastically over the past four decades. For a company that was started with just $12 million, the Soros Fund Management currently boasts over $30 billion in assets alone.

On the Forbes list, George Soros is ranked position 29 in the global list of billionaires. In the USA, George is position 19 in the billionaire’s list. On the list of the top 400 billionaires, George Soros was ranked position 19 in the year 2016. In the same year, Forbes ranked Soros at position ten on the list of the highest-earning hedge fund managers.

George Soros has never been shy when it comes to supporting politicians. As a wealthy billionaire, Soros has always had the heart to give back to the society. If he is not busy supporting activists, then he is busy having a boardroom meeting with some of his political friends. In terms of supporting other political ambitions, George was at the forefront in funding the Clinton campaign during the 2016 US elections. Through his major funding ventures, the Federal Election Commission (FEC) estimates that George Soros dished out more than $25 million towards the Hillary Clinton campaign team. Visit Project Syndicate to learn more about George.

Though George Soros supported Hillary Clinton during the just concluded presidential election, his support came as a surprise. This is because George Soros supported Barrack Obama during the 2008 election rather than Hillary Clinton. However, his support for Barrack Obama dwindled in the year 2010. Despite this, Soros still supported Obama’s re-election. Six years later, Soros changed his allegiance and supported Hillary Clinton presidential bid against Donald Trump.

As a supporter of liberal causes, Soros has always been a critic of Donald Trump who he accuses of doing the job of ISIS which is to install fear. During the presidential election, Soros was openly against Ted Cruz and Donald Trump ideologies. In one of his columns, Soros warned the voters to “resist the siren song” played by Cruz and Trump. Soros had argued that the ideologies of these two leaders were not effective in fighting terrorism. Visit this site to know more at opensocietyfoundations.org.

After the shocking loss of Hillary Clinton, it remains to be seen what will be the next political step taken by Soros.

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