The Reemergence Of George Soros In Politics And Trading

George Soros is a respected global investor. He was born in Hungary. Later, he left the country following the Nazi occupation. Soros is a graduate of the London School of Economics where he funded his education by working as a railway porter and waiter. He started his financial career by working for a merchant bank. Soros moved to New York where he started working on Wall Street. After gaining immense experience, he founded his own hedge fund with $12 million in capital. After a short period, Soros re-branded his company to Quantum Fund. In 1992, Soros shorted the British pound and made a huge fortune. Following this success, Soros was dubbed as the man who broke the Bank of England. Today, he continues to invest through his company, Soros Fund Management. The corporation has $30 billion in assets. In 2017, the billionaire recruited Dawn Fitzpatrick to control his investment portfolio. As one of the outstanding women on Wall Street, Dawn serves as the chief investment officer (CIO) of Soros’ family office. She is one of the seven CIO’s who have worked for Soros’ company since 2000. Soros is a longtime supporter of community causes and has been a critic of President Donald Trump. This information was originally mentioned on Forbes as explained in this link https://www.forbes.com/profile/george-soros/

The successful investor had slowed his donations to political causes. However, in the recently-concluded election, Soros pledged over $25 million in support of Hillary Clinton and other Democratic candidates. In 2004, Soros had spent $27 million to defeat President George W. Bush. During the last election cycle, Soros reemerged as a leading supporter of Democratic politics. The Federal Election Commission records show that Soros had huge support for Hillary Clinton. As Election Day neared, it was widely expected that Soros would increase his giving. Over the years, Soros has been supporting different causes that seeks to ensure that there are open societies. Through his Open Society Foundation, George has helped many countries to end the era of dictatorship and establish democratic governments. Visit projectsyndicate.com to know more about George.

The 85 year old entrepreneur made a fortune of over $24.9 billion through currency traders. Notably, he had planned to attend and watch Clinton accept her nomination. This would be the first time that George Soros graced a Democratic convention. However, Soros cancelled the trip because he felt that he had to monitor the economic situation in Europe given that he had recently returned to active trading. His close associates noted that he seemed more politically involved. This is because he had taken a sabbatical from active political involvement. According to his associates, Soros’ motivation to start funding Democratic causes was his faith in Clinton and fear of Donald Trump. His political adviser, Michael Vachon, pointed out that Soros had been donating to Democratic causes consistently. He went on to suggest that during the last elections, the political stakes were exceptionally high. Read his profile at Business Insider.

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