The 2016 U.S. Presidential elections still has a long way to go before a new President is elected, but the controversy over the Republican candidates has taken over the comments and thoughts of the media. On the Democrat side the march to the nomination of Hilary Clinton as the chosen candidate has been almost unstoppable, particularly since it was revealed long time Democrat supporter and donor George Soros has thrown his backing behind the former Secretary of State. Politico reports the well known liberal hedge fund manager has provided around $8 million in donations for Super PACs supporting the Clinton campaign to become the first female U.S. President.
George Soros is well known for the success he achieved as a hedge fund manager over the majority of the latter half of the 20th century and into the 21st century. Hungarian born Soros has made his mark as one of the top philanthropists in the world after using his personal fortune of more than $25 billion to assist those living in closed societies; one of the most important aspects of the life of Soros has been his willingness to fight for the rights of refugees looking to replicate the success Soros achieved from a similar position at the close of World War II.
George Soros is just one of a growing number of donors for the Democrats who are looking to rival the expected $1 billion in donations Republican donors are hoping to raise during the 2016 election cycle. In response to the donations made to the Republican party by donors including the Koch brothers, George Soros has been joined by entertainment industry executive Haim Saban in making multi-million donations to the campaign of Hilary Clinton. The historic 2016 election cycle has seen former First Lady Hilary Clinton pushed by Bernie Sanders in the nomination phase, but further problems could be faced if real estate mogul Donald Trump wins the Republican nomination for the election.