During 2015 it seemed as though the financial genius and major political donor, George Soros had finally decided to take a back seat from running his globally renowned Soros Fund Management hedge fund brand and providing major support to political and philanthropic groups. However, with $30 billion in assets managed by Soros Fund Management the chances of the Hungarian born business leader stepping aside and allowing others to operate his business and donations without his input always seemed small; by 2016, Soros was returned to his position as one of the major political donors in the history of the U.S. and was stepping up his business interests once more by working closely with newly appointed Chief Investment Officer at Soros Fund Management, Dawn Fitzpatrick. Learn more on Discover the Networks about George Soros.
The question on the lips of many is just why George Soros believed the buildup and fallout from the 2016 U.S. presidential elections were so important that he must complete a u-turn about his contributions to major political groups and Super PAC’s. Politico reports George Soros has only ever made a move to influence U.S Presidential elections at times he feels the future of the world is at stake as he did in both 2004 and 2016; Soros has not been a major donor towards U.S. elections for the majority of the 21st century as he only took part in the 2004 Presidential election to the tune of $27 million as he felt the Presidency of George W. Bush was a danger to the security of the world because of the unlawful war led by the President in Iraq. By 2016 the political climate had changed in the U.S. once again with extreme groups making their way to the fore within the Republican Party and forcing George Soros to once again return to the political landscape with $25 million donated to the campaign of Hillary Clinton, according to Politico.
Soros has always had a major effect on the future of the U.S. and the more than 100 nations across the planet his Open Society Foundations network of charitable groups now works in. In the U.S., George Soros believes the Constitution is a document that should be fought for at all times and does not provide any God given rights; instead, George Soros has decided to throw his backing behind a range of groups and PAC’s dedicated to protecting the rights of minority groups across the nation. During the 2016 election season a major donation made by George Soros was the $5 million donated to the Immigrant Voters Win Super PAC that was making a major impact on the number of Hispanic voters mobilized to vote during the 2016 election season. Know more on investopedia.com about George Soros.