George Soros, the multi-billionaire investor, has re-emerged in the American politics, through a $27 million donation to the Democratic campaigns and causes. He has committed himself to boosting the Hillary Clinton campaign with more than $25 million, according to the reports by the Federal Election Commission. It is even expected that as the election nears, Soros is bound to give more from his estimated fortunes of $24.9 billion, which he made from the currency traders.
George Soros was born in Hungarian, and he is a New Yorker business mogul. He plans to join Clinton in the Convention, whom he has had a relationship spanning for over 25 years. He, however, failed due to the commitments he had in monitoring the economic prospects back in Europe. Learn more on Discover the Networks about George Soros.
He has been described as highly motivated, active and has great faith in a Clinton win. According to his political advisor, Michael Vachon, the interest he has in this election is one that has never been seen in him since the run-up to the 2004 election, when he put his weight behind Bush’s competitor. The liberal billionaire, described as the solitary man by the analysis of the Ferguson protest, identify George Soros as the man bankrolling money to the tune of $33 million in support of the protests. It is claimed that he spurred through years of funding and total mobilization of grass-root groups across the United States.
The significant financial muscle by George Soros was evident when the protests by the activist’s groups and movements led a one-day event into a 24-hour cause célèbre. Kenneth Zimmerman is the director of the Soros Open Society Foundations. He rightly states that the only manner for citizens to participate in governance was to show the government that they were in the quest for inclusive, equitable, just and democratic society.
Philanthropy and open governance
George Soros’ philanthropy began in 1979 when he extended scholarships to black South African students under the apartheid regimes. He further assisted in promoting the open exchange of ideas and policies across the Communist East by facilitating the photocopying of banned texts. Soros went ahead to found the European University as a center intended to promote critical thinking in the Soviet Union. Learn more about his profile at businessinsider.com
Soros primarily initiated the cultural exchanges between the West and Europe. They went a long way to modernize the present day Russia. The impact of his philanthropy was even felt the more after the cold war when he took the forefront to create accountable, democratic and transparent societies in America, Africa, and even Asia.
George Soros has been a prominent voice against drug abuse, seeing him develop the America’s marijuana movement. He has similarly remained the single largest mobilizer of lawyers and paralegals for thousands of unlawfully detained persons as well as taking the lead in financing the educational endeavors of the most promising yet poor students. He does this through his foundations and other organizations like the Global Witness, International Crisis Group and the European Council on Foreign Relations.