George Soros has been a powerful influence within the political arena for many years. The billionaire businessman has not been shy about putting his money behind the person he wishes to see in office. Being involved with the presidential election has inspired Soros to contribute millions of dollars to the candidate of his choice. He has spared no expense in making a direct impact on the nation’s highest executive position. George Soros is a known supporter of the Democratic Party. His bottomless bank account has been a powerful tool for his party’s well being.
George Soros scaled back his financial contributions for a time. He spent an estimated 27 million dollars in an effort to defeat George W bush in 2004. George Soros prides himself on being a behind-the-scenes nightmare for his Republican counterparts. He re-entered the political scene to lend his support to presidential candidate Hillary Clinton. George made his resources completely available and prepared to use whatever methods necessary to secure the election for the Democratic candidate.
The Barack Obama presidency was a bit befuddling to the powerful billionaire businessman. Soros initially supported Obama. However, his favor for the president would turn as the years past. Barack Obama did not make the effort to secure a meaningful relationship with Soros. During this time George would form a much stronger bond with Secretary of State Hillary Clinton. Their connection grew stronger towards the end of Obama’s second term. Message traffic between Soros’s office and the office of the Secretary of State show the billionaire explaining his position in relation to the upcoming election.
The 2016 election threatened much of what George Soros had stood for has a political activist. The Republican Party presented a strong cast of candidates with Donald Trump eventually becoming the front-runner. This motivated Soros. His contributions to the Democratic campaign would surpass the efforts made in 2004. This lifted the morale of the Hillary Clinton team and ignited a movement that created one of the most competitive presidential debates and American history.
Soros did not rely on his contributions alone to make the impact he desired in the 2016 presidential election. He enlisted the services of other powerful business organizations to match his efforts in order to develop a juggernaut of financial support for the Democratic candidate. The supporters included Tom Steyer, Don Sussman, Haim Saban and Fred Eychaner. As a team these campaign donors were able to generate a pool of money that dwarfed the reserves of Donald Trump.
George Soros received intense criticism for his insatiable political spending. Many accused him of the trying to buy a president for his own personal gain. The scrutiny grew heavy after the tremendous spending to oust George W bush failed in 2004. George pull away from politics as a result of this and focused on philanthropy. He donated millions of dollars to causes supporting human rights. The Democratic process in Eastern Europe is of great interest to George Soros. He has also worked to advance the quality of healthcare and education within the United States.
Read the profile of George Soros on Forbes