George Soros is a billionaire investor who fled his birth country Hungary and enrolled himself at the London School of Economics. While working odd jobs, he launched his career in finance at a merchant bank. In 1969, he began his own Hedge Fund now known as Quantum fund in New York with a capital of about $12 million. Currently, he is one of the richest Hedge Fund managers. He is also famous for breaking the Bank of England after he shortened the British pound making notable profits. Over the years, the Hungarian remains a serious investor with his net worth of $25.2 B and the founder of Soros Funds Management that aids in all his investments. Read more on CNBC about George Soros.
The 85yr old has keen interest in politics evident when he supported President Obama. He has always been vocal in expressing his views in active politics by being a great political giver. George Soros spent millions in 2004 for the downfall of George W. Bush due to his political policies and the Iraq war at that time and most recently on the Hillary Clinton campaign for the presidency in 2004 where the stakes were exceptionally high than ever before. He donated over $25 million not only for Hillary but other Democratic candidates and their causes. His biggest donation so far was the $7 million he gave to a PAC called Priorities USA Action that supported Hillary. Others include $2 million to America Bridge a research PAC, $5 million to a super PAC that devoted to increasing turnout among low voters and $5 million to a nonprofit that fights efforts to restrict voting.
Soros, who appears 29th position on the worlds Billionaires list is also generous on international welfares. After the 2004 elections, he realized he was giving too money much for political benefits and said he would avoid such donation in future. That’s when he started giving to the nonprofit foundations his agenda being to defend human rights, good health care to people and good education for the less privileged. Having given so much for political gains, he said he is out to balance that and has over $13 billion donations for a good cause all over the world. Visit projectsyndicate.com to know more about George.