George Soros is a businessman of Hungarian and American heritage. Also a billionaire investor, he had greatly reduced his political contributions after trying unsuccessfully to defeat president George W. Bush back in 2004. He spent $27 million. dollars to try to make it happen. He has now spent over $25 million on both Hillary Clinton, as well as several different Democratic candidates. This has been determined by the Federal Election Commission. Soros is working with approximately $24.9 billion dollars he has accumulated through some risky ventures.
Soros was going to watch Clinton in the Democratic convention, although he has never attended one before. As he has a 25 year old relationship with Clinton, he wanted to see her accepting her nomination. An associate of his stated his trip was cancelled because Soros felt he needed to keep an eye on Europe’s economic situation. The people who are closest to Soros are saying he is more involved politically than he has been in quite some time. Their opinions are it is because he has a lot of faith in Clinton and fears Donald Trump on Politico. Soros has stated he believes Trump is involved with ISIS.
Read more: George Soros Interviews & Lectures
Michael Vachon, who is his political advisor says that although Soros has often given to Democratic causes, this year the stakes are more pronounced. Now, for Clinton, Soros has given 8 million dollars. His choice to do everything he financially can to ensure Clinton’s win over Trump is being looked at as an excellent sign in regards to Clinton possible victory. It is believed Soros may be joined in his donations by other activists with cash to spare. This seems to be correct, as Tom Steyer of San Francisco gave $31 million in 2016, Don Sussman of New York $13.2 million and Haim Saban and Fred Eychaner have both given $11.1 million. These benefactors all giving to Clinton’s campaign has given her a major edge. This has also given Clinton the ability to put together a campaign far greater than Trump’s.
In addition to the $7 million George Soros gave Clinton in June, Democrats say he may add another $3 million. Soros has also given $700 thousand dollars to various Democratic committees and campaigns, including of course Clintons. The Immigrant Voters has benefited $5 million from Soros. This was to increase the Hispanic vote in certain states. Yet another $5 million is for a non-profit agency fighting the restriction of voting. This agency is in part run by Marc Elias, Clintons campaign lawyer. Soros’s donation will never be publicly recognized as it was registered under a specific tax code that does not ask any of their donors be disclosed.