George Soros is well known as one of the 30 richest men in the USA and the Chairman of Soros Fund Management. With a personal fortune of approximately $24 billion, he has placed himself in one of the most important positions in the country where he plays a vital role in different areas including but not limiting to philanthropy, politics and so on. He has been one of the biggest supporters of the Democratic wing on Forbes and has donated more than $13 billion in different political campaigns and social causes throughout last three decades. While he backed down from his generous political contributions for last few years, he made a strong comeback in the arena once again and has been quite active in it till today.
George Soros is well known as one of the biggest supporters of the Democratic party. In 2004, he spent more than $27 million to defend Bush. Since he had serious concerns against Bush, Soros tried his level best to stop him to reach the White House. However, after unfortunate results from the election, George Soros cut back his political donations to a great extent. But things changed once again when Donald Trump and Hillary Clinton collided in the last election. At this time, Soros came back with a big bang and support for the Democrats once again.
In this election, Soros spent a big amount to support Democrats and stop Trump. George Soros was quite worried about Trump as the President of United States who has a different perspective that contradicts with what he believes in. Soros has been quite open about his opinion regarding Trump from the very beginning. In one of his articles in Business Insider, Soros mentioned Trump as an imposter who was running the election to build his brand, the not the country in the first place. Hence, Soros spend a big fortune in the election.
According to different sources on Biography, Soros spent approximately $26 million in this election to support Hillary whom he admires. Among his donations, he gave Priorities USA Action, a super PAC that was supporting Clinton $7 million. Also, he pledged additional $3 million to this group. Soros also donated American Bridge 21st Century $2 million. This is an opposition research super PAC that was working against the Republican candidates as well as Trump. Also, he donated $700,000 to some Democratic Party PACs, committees, and campaigns. This time, Soros also considered diversity and donated $3 million to Immigrant Voters Win, a super PAC which was working to increase participation among Hispanic voters on opensocietyfoundations.org. In line with his, he also donated Immigrant Voters Win around $5 million and $2 million to America Votes. He also made a generous pledge of $5 million a non-profit which is working to fight conservatives to restrict voting. On top of that, Soros also donated $1.5 million each to Senate Majority PAC as well.
Combining all his donation, Soros is placed among the top donors who assisted Hillary in the election. Now that Trump has won the election and running the White House, Soros has diverted his focus to fight his administration. With Democracy Alliance that he founded, he is now working with fellow political activists and donors to safeguard the USA from any drastic initiatives from Trump Administration.