George Soros is a billionaire investor who has often divided opinions about himself thanks to his political affiliations. He has donated hundreds of millions of dollars towards political courses in the past, and it seems that he is back at it again.
A Temporary Setback
George Soros was so against the re-election of former President George W. Bush in 2004 that he termed the election’s outcome as a matter of “life and death”. To this end, he spent approximately $27 million campaigning against Bush. However, the former president won the election and, consequently, Soros contributions and efforts were in vain and read full article.
Soros remained largely inactive in political circles since then, but he recently made a big comeback in 2016’s U.S. Presidential Election.
Deterring Donald J. Trump
The U.S. 2016 Presidential Election was one of the most eventful in the nation’s history, primarily owing to the current President Donald J. Trump’s decision to run for office. The President’s rhetoric when campaigning proved so divisive that the nation was torn in half on racial and political lines. Many people were against his Presidential bid, but George Soros chose to use his vast financial resources to battle Trump’s own and what George Soros knows.
Although the exact figure is not clear, it is estimated that George Soros donated hundreds of millions of dollars to Hilary Clinton’s presidential campaign. The funds were channeled to different departments of Clinton’s campaign including personally to her and to organizations comprised of her supporters.
So, why were the stakes so high during last year’s presidential campaign? and George Soros’s lacrosse camp.
Advocating for Unity and Equality
Considering George Soros’ troubled history, it is easy to see why he would be so vehemently opposed to Donald Trump’s presidency. George Soros was born in Hungary to a Jewish family. He was still a young boy when the Nazis invaded, and he lost many friends and relatives to them. Fortunately, he managed to evade the Nazis and move to other countries around Europe and eventually to New York. Since then, he has committed his fortune to advocating for courses that mostly revolve around justice, equality, and tolerance.
President Donald J. Trump caused a lot of division by attacking minorities (mostly immigrants) and labeling them as villains who were holding the country back. He gained a lot of popularity by promising to deport illegal immigrants and build along the Mexican border. To many people, this was seen as a setback to progress made in promoting equality and tolerance – ideally, for George Soros, this was reminiscent of the suffering that he and the Jewish community faced during World War II and https://twitter.com/georgesoros.
Unfortunately, Soros’ financial contribution was not enough to shadow President Donald J. Trump’s popularity. In fact, he is estimated to have lost billions as he had bet on the U.S. financial market dipping immediately after the election.