George Soros, the prominent chairman of the Soros Fund Management group, has recently donated a large amount of money (nearly 6 million dollars) to an independent political action committee (or super PAC) in support of the 2016 democratic presidential candidate according to politico.com, Hillary Clinton Soros has been known throughout his career to be a strong financial contributor to liberal political campaigns. His most recent contribution differs from any of his previous donations due to the fact that this contribution was among the largest contributions to be donated to a presidential candidate in the entire history of american politics. The combination of George Soros’ contributions with his fellow investors contributions adds up to a sum slightly above 8 million dollars. This entire amount was given in an effort to support Hillary Clinton’s campaign.
The political action committee that was given the largest percentage of the donor funds, known as Priorities USA Action, received a total of 25 million dollars in the last quarter of 2015. These numbers are a reflection of a report that was submitted to the Federal Election Committee by the Priorities USA action at the end of the year. For the entire 2015 fiscal year, the Priorities USA Action raised an estimated 41 million dollars, which ensured success for the political action committee for the following year.
In addition to George Soros, other large contributions to the Priorities USA action committee included donations from Haim Saban and his wife, and Working for Working Americans, a political action committee devoted to furthering the cause and campaign of working class Americans. Both of these donors contributed amounts in excess of one million dollars. George Soros also contributed the the Working for Working Americans super PAC in the early part of 2015.
George Soros’ donation set him apart from other investors not only because of the almost unheard of donation amount, but because of the statement that the investor made by contributing to the political action committee. Soros has been known to support democratic candidates, but the fact that he donated such a lavish amount of money to this particular campaign shines a light on his ultimate support for Hillary Clinton’s campaign. Soros feels that the needs of citizens, businesses, and the country will be improved with the election of people who share the values that he promotes. His history of backing democratic candidates shows his alignment with liberal themes and ideologies that he believes will improve economic conditions in the Unites States. George Soros will continue to support the campaign of presidential nominee Hillary Clinton and, if his past record is any indication, will continue to support the campaigns of any leader who believes in certain ideas and practices that will contribute to the further success of America. You can find more information about George Soros’ contributions here.