Democratic Ideals That George Soros Supports

George Soros aged 84 years, is the manager of New York Hedge Fund, and the Founder of the Open Society Foundations. According to Forbes, he is worth $25.2 billion in assets and a personal fortune worth about $13 billion. This is where he derives his influence from that he uses to promote democratic ideals, despite not being a politician.Soros, a liberal has tried to reconfigure the politics in several countries, especially in the United States, as way back in 2004, when he funded $27 billion to campaigns against the George Bush reign. According to an article on Politico, he has made a comeback as seen in his recent engagement in the Hillary Clinton’s campaign and other Democrats, where he invested heavily on unlike previous campaigns.

One may wonder why such a prominent business mogul would spend his fortune on funding political campaigns. The reason is that Soros is passionate about reforming the democratic systems, especially breaking dictatorial regimes. In addition, he tends to differ with Trump regarding economic policies.This is of great concern to him as an international investor, and his ability to predict financial disaster as indicated in the article on Politico. Moreover, this is not the first time he is supporting Hillary Clinton as their friendship is more than 25 years, and the two tend to have similar concepts on foreign policies.Soros was born during the Nazi regime and was lucky to survive by migrating to England, where he educated himself at the London School of Economics. This explains why he has vast knowledge in the field of economics and his success in the Hedge Fund. His success has been a long journey having served as a waiter and porter before joining the finance sector. It’s from here that his dedication and resilience propelled him to higher managerial levels, such as vice president despite his humble beginning.

Soros has a great desire to change the world, which is the reason he indulges in funding social concerns. Indeed money makes the world go round, as with his wealth, thousands of lives have been transformed. Having been born during the Nazi rule and coming from a humble background makes him understand what it means to be poor. As a result, he believes he has a duty to the society by giving back. This is made possible through the Open Society Foundation and the Soros Foundation that donates more than $8 billion to social causes in education, humanitarian, and health sectors.In the 90’s, Soros supported Yugoslavians during wartime by donating millions for relief efforts. In addition, he has supported social causes against discrimination of Muslims in Europe and early 2016; he donated $5 million to UNICEF and $ 4 million to the University of Connecticut’s Human Rights Institute.

Leave a Reply

Your email address will not be published. Required fields are marked *