Philanthropist George Soros Wants To Help Rebuild the Democratic Party

When Hillary Clinton lost the election, several major Democratic donors felt a pain in their deep pockets. Clinton supporters like George Soros came away from the election stunned, and they immediately started to regroup. Soros and his Democratic Donor Alliance set up a January 2017 meeting in Washington to discuss the future of the Democratic Party. The wealthy group of donors, politicians and high-profile supporters want to keep Donald Trump in check over the next four years. Soros is one of the people that is willing to invest in a new Democratic Party. A Democratic Party that is more in sync with the people and less motivated by political action groups. Soros plays a role in several political action groups by financially supporting them, but his goal is to make Trump do the right thing for the people of the United States. George Soros established the Open Society Foundations.

There are people who say Soros is not healthy for the country. But when people do a little research, they see the work Soros has accomplished in promoting human rights and freedom through his Open Society Foundation is not short of outstanding. Mr. Soros supports more than 70 organizations around the world, and all of those organizations help stop government oppression. Soros has a philanthropic history that no one can ignore once they become aware of it. Anyone who thinks Soros is trying to manipulate governments for his own gain is mistaken. Soros is one of the wealthiest people in the world. According to Forbes, his personal worth is $25 billion. And the Soros Management Fund has $32 billion in assets under management. Know more on investopedia.com about George Soros

Soros is approaching his 87th year. His investment track record is legendary, but Soros is more than “the man who broke the Bank of England.” Soros earned that title when he bet the British government would depreciate the pound against the U.S. dollar and the euro in 1992. That financial move is just one move in a history of winning bets in his hedge fund career.

George Soros is an example of what can be done when the power of believing in the self is activated. After escaping Nazi domination when he was a teenager, George enrolled in the London School of Economics. He earned a degree in philosophy, and he went to work for an investment firm in Monte Carlo. But when he was offered a position on Wall Street, he accepted and moved to New York in the 1950s. In 1969, he started his own hedge fund with $12 million, and that fund was renamed the Quantum Fund.

But the Soros goal now is all about keeping Donald Trump in line over the next four years. Soros knows Trump, and he invested in Trump’s Chicago property. But in terms of political ideology the men are worlds apart.

Comments are closed.