The shocking election victory of Republican Donald Trump has had a number of effects on members of a Democratic party who were trusting exit polls predicting a large victory for nominee Hillary Clinton. George Soros is a major donor to the Democrat party who has recently spent his time and money trying to get former Secretary of State Clinton elected, but has made it clear the victory of Donald Trump is not the end of his political work as a major battle looks set to take place over the political future of the U.S.
George Soros is one of the world’s richest people with an estimated fortune of around $25 billion, a large portion of which he has used to extend the cause of democracy around the world. Well known for his liberal beliefs, George Soros has become one of the major donors for the Democrat’s in the U.S. and is reported to have provided around $25 million in donations for the Clinton campaign; the funding of Clinton’s campaign was not limited to her personal Presidential fund, but included around $10 million in donations made to Super PAC’s supporting the former First Lady.
The Hungarian hedge fund expert is well known for his deep knowledge of the international political scene, including his gamble on the devaluation of the British Pound in the 1990s reported to have made him around $1 billion in a single day of trading. George Soros understands the important role the U.S. plays in the global political arena and made much of the racially charged rhetoric of President elect Trump during the campaigning period for the White House; in fact, George Soros went as far as accusing Trump and fellow nominee Ted Cruz of doing the work of ISIS through their campaigning style.
George Soros is known as an inspiration to many donors to the Democrats and has seen many major financial donations made following his own return to U.S. political giving for the first time since 2008. The continued support of George Soros as Democrats looks to make gains in the 2017 and 2018 state elections will be important in keeping funds flowing in from traditional supporters. One of the major reasons some believe Soros made the decision to appear at the Democracy Alliance event just days after the 2016 Presidential election ended is to reassure other donors the Holocaust survivor is not turning his back on the party. In the wake of the victory of Donald Trump, George Soros began fighting to protect the legacy of of President Barrack Obama many feel will be destroyed by the first 100 day agenda of the incoming Trump Administration.
Learn more about George Soros: https://www.opensocietyfoundations.org/people/george-soros