The world of politics and philanthropy are now the main domain of Hungarian-born financial expert George Soros, a hedge fund manager with a history on Wall Street dating back to the 1960s when the refugee journey of the founder of the Open Society Foundations completed his refugee journey by arriving in New York. The rags to riches story of George Soros is one of the most impressive in the history of the U.S. with a determination to stay in New York for just five years giving way to a life spent in American fighting for the rights of those who feel they are not represented in the political landscape of the country.
After spending much of the 1950s living in Greenwich Village, New York, the epicenter of the counter-culture, George Soros decided he was finally free of the yoke of totalitarianism he had lived under for the majority of his teenage years. Despite the feeling he had found his home in the U.S. George Soros also felt the Constitution was not as all-consuming as many of his fellow U.S. citizens believe and needed to be fought for on a regular basis to ensure the threat of capitalism did not become an issue for the people of the world. Along with the development of the Open Society Foundations as the philanthropist side of the work of the founder of Soros Fund Management, he has also become known for the success he has achieved as a political donor towards liberal and Democrat candidates and causes; Politico reports George Soros has dipped in and out of the political landscape of the U.S. with major backing provided at dire times of need for Democrats and the world as a whole.
The two most important moments when George Soros stepped up to provide his financial support from his own funds were 2004 and 2016 when the octogenarian felt the threat to global security was at its highest. Forbes reports George Soros has around $25 billion as a personal fortune and is the 22nd richest person in the world, a large amount of this fortune has been spent on developing his political giving techniques for the campaigns of Democrats John Kerry and Hillary Clinton. Soros gave $27 million to the Kerry campaign in 2004 and a further $25v million in support of former Secretary of State Clinton in 2016. George Soros believed these were town important moments in the history of the U.S. and the world when he should fight against a rising right-wing influence in the U.S. that made its way to power under President’s George W. Bush and Donald Trump, which Soros felt was dangerous to global security.