George Soros Returns to Political and Investment Activity
The hedge fund legend George Soros was notable for his absence from a number of areas he had previously played a key role in, but this absence has led to a stunning return to prominence in 2015 and 2016 in all areas of the work of the man born in 1930. In terms of his business career, George Soros has always been an integral part of Wall Street with investors of all budget levels monitoring the moves of the Soros Fund Management brand closely; Forbes reports the appointment of Dawn Fotzpatrick to operate the Soros Fund Management company comes at a time when George Soros has made a triumphant return to investing and philanthropy.
A personal fortune rated at more than $25 billion in 2017 allows George Soros the chance to explore the many different options open to him in philanthropy and political giving. George Soros began the 21st century by making a major impact on U.S. politics as rules on financial giving were relaxed for political donors who hoped to push forward a particular political party, candidate, or cause. In the 2004 Presidential campaign season the lifelong liberal and supporter of Democrat’s funded the campaign of John Kerry to the tune of a reported $27 million, according to Politico. Despite remaining a major political figure George Soros largely sat out the 2008 and 2012 elections after making an early decision to back President Barrack Obama for the Democratic nomination.
The backing of President Obama in 2008 seems to have been a decision George Soros has found difficulties with as he privately admitted to aides of former Secretary of State Clinton he had made a mistake in not backing her for the 2008 election season. In 2016, George Soros has been extremely active on a number of political fronts, but has made the majority of headlines for his strong pro Hillary Clinton stance and anti-Donald Trump motivations; the Clinton campaign and groups supporting her candidacy for The White House have benefited to the tune of more than $25 million during the campaign season. Not all the finds provided by George Soros have been funneled directly to the Clinton campaign, but have instead made their way to groups assisting minorities within U.S. society in protecting their voting rights and ensuring a high voter turnout. Visit Project Syndicate to learn more about George.
Despite making a major return to the political donating scene, George Soros has always struggled with the idea that a single individual can have such a major impact on national and international politics. Recently, Soros made the largest allowed donation to the End Citizens United group who are fighting to end the ability of political donors, such as the Koch Brothers to influence elections by investing millions of dollars.
Visit his profile on twitter.com