George Soros is well known as one of the most important Democratic donors in U.S. politics for the high level of donations he provides during election season for candidates, causes, and parties he feels support his own political vision. Politico reports the power vacuum many feel has developed at the top of the left leaning Democratic Party in the U.S. following the loss of the 2016 Presidential election to Republican Donald Trump, George Soros is being looked to in an even more important way than ever before by his fellow donors who make up the important Democracy Alliance group that was formed by Soros following a similar election loss to sitting President George W. Bush in 2004. The similarities between the 2004 and 2016 election campaigns are easy to see and have prompted George Soros to become a beacon for other left leaning donors who follow his lead in making donations to Democrat’s they feel can make an impact on the U.S. in the future.
One of the major talents of George Soros that has been easy to see over the years has been his ability to identify the major events in the world that come together to have a major impact on his own career and the political campaigns he backs. Forbes reports George Soros has built a personal fortune of over $25 billion by making a number of astute moves on the global markets, which he often makes by understanding the way politics in different parts of the world can have on the global financial markets. Even in his ninth decade, George Soros still remains politically active with a growing level of interest in events taking place around the world such as the vocal opposition Soros provided against the Brexit campaign in the U.K. and the fight to halt refugees entering the European Union from Syria.
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A number of important figures in the Democratic Party of the U.S. have recently been seeking new ways of involving wealthy donors in the politics of the party even between major election campaigns. During the 2016 election season the fact Soros himself provided around $25 million in funding for the campaign of Hillary Clinton and millions of dollars in funding for voter rights groups had the effect of attracting major donations from wealthy donors to the party. However, Soros and his Democracy Alliance group are now becoming more involved in the daily politics of the Democrat’s as the Hungarian born financial expert has sought to lead the fight against President Donald Trump in a bid to fight the right wing approach many feel will take an increasingly hard line in its effects on minority groups and seek to destroy many of the policies and laws established by President Barrack Obama.
Read this story at Politico about George Soros.