Inside George Soros Empire and Political Contributions

11 Apr

Inside George Soros Empire and Political Contributions

George was born in Hungary. He later fled the country. While working as a waiter and a railway porter, George Soros enrolled at the London school of economics and educated himself. He also worked at the merchant bank, and this is where his finance journey started.

Later he moved to New York and started his hedge fund worth twelve million dollars. The hedge fund was subsequently rebranded to Quantum fund. Together with Stan Druckenmiller, they are famous for shortening the British pound, and people say they broke the Bank of England. Decades after starting at Wall Street, George Soros remains a reckoning force in the world of investment through Soros Fund Management. His family is worth more than thirty billion in assets.

This year, Soros employed Dawn Fitzpatrick to run his investment portfolio as the chief investment officer of his firm. Dawn is one of the smartest women on the Wall Street. She became the seventh CIO at Soros Fund Management since the year 200. Read more on BigThink about George Soros.

Coming back to Politico funding

George is famously known as the bogeyman of conservatives. He is a billionaire investor who stopped his political donations after his spending spree to try defeating George Bush in his last term failed. He later came back to fund democratic politics. According to records and interviews, George donated more than twenty-five million dollars to Clinton and her allies in a bid to boost her race to the white house. This action was with the help of his Democratic fundraising operatives and associates.

George who had earned more than $24.9 billion from risky currency trading was expected to donate even more before the Election Day. The 85-year-old New Yorker has been friends with Clinton for more than 25yrs was even planning to attend her first convention as she was accepting her Democratic presidential nomination. However, George canceled the trip because he was getting back to active trading and he needed to monitor the economic situation in European countries.

George Soros is a staunch supporter of the liberal causes and has been in the frontline criticizing President Donald Trump. His motivation to criticize Trump’s immigrant ideas comes from the fact that he spent 15 years as an immigrant due to the effects of World War 2. In an interview, he said he was against the Muslim ban as it might convince them to turn into terrorism if they realize they have no state to call home.

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George has probably donated more resources towards promoting democratic ideals more than any other person. Together with his family, he has contributed too many humanitarian efforts around the world. He is always willing to help individuals who are oppressed in the society. Most funding by George is done through the Open Society’s offices.

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One Comments “Inside George Soros Empire and Political Contributions

  1. Reading a lot has really helped in increasing many horizons in my life and it can be very interesting that one can find online on most occasions. George is a huge figure in best essay writing and he has proven that on many occasions with his huge contributions in the community that has helped reshaped so many things that have gone bad and I believe if others like him can do more for community, things will be much better.

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