George Soros is one of the most impressive investors that the United States has ever seen and he is completely a self made businessman. Soros was born and raised in Hungary before he was forced to flee his home country during the Nazi occupation. Soros would move to London where he would work his way through school, studying at the London School of Economics while moonlighting as a porter and a waiter. After earning his degree Soros would set sail to America where he would eventually start the Soros Hedge Fund and become one of the most prolific businessmen that the United States has ever seen.
The presidential election of 2016 in the United States is going to be scrutinized for generations to come. The rise of Donald Trump and his dangerous brand of vitriolic populism is something that the country won’t ever forget and will hopefully choose to learn from. Still, Trump’s rise and legacy will have to include his inspiration to get George Soros back into the political fray. Soros has never been afraid to invest in politics, especially when he fiercely believes in the cause, but he mostly wants to keep money away from the political machine. Still, as Soros’ adviser Michael Vachon would say, the stakes were simply too high. Donald Trump was more than a political threat, he was an existential threat and Soros had to respond in kind. Read this story at Politico.com about George Soros.
So, George Soros leaped back into the fray in order to start backing some of the bigger progressive causes in the political game. Soros would end up giving $25 million to pro-progressive PACs up and down the ticket. He would support End Citizens United, a special PAC focused on campaign finance reform, as well as a slew of other PACs including: immigrant voter rights, opposition research for the DNC, the DNC itself, and Pro-Clinton PACs. Soros has never been afraid to put money down when he believes in a cause and the $25 million he set into place probably wouldn’t even be noticed from his bank account.
Most people are probably aware of George Soros for his 2004 run as a backer alongside then Presidential nominee Al Gore. At the time Soros was one of the biggest political donors in the country, giving a record breaking $30 million to help Gore try and get elected. Now Soros seems more content to watch from the sidelines, pushing his weight and power toward concepts that he believes strongly in — such as preventing Donald Trump from installing his populist agenda. Read his profile at Forbes.