Politico reports the well known liberal political donor, George Soros, is now seeking new ways of fighting the Administration of President Donald Trump after the election victory of the Republican in 2016. Soros had already looked to complete a victory for the Democrats during the Presidential election season as he backed former Secretary of State Hillary Clinton with more than $25 million in funding for her campaign and the Super PAC’s supporting her candidacy; Soros assembled the powerful Democratic group of donors, the Democracy Alliance and used their skills to develop new policies and strategies designed to allow the liberal leaning party the skills needed to fight the rising power of the right-wing within Trump’s Administration. Soros has always been seen as a major force in the Democratic Party as his decisions about funding often lead to a great level of funding arriving for the party from some of the other billionaire class of political backers.
George Soros has been a critic of many of the top members of the Republican leadership over the 21st-century as he has made clear his feelings about the move to the right of many of the members of the party. Soros has always been classed as a liberal who feels his own political leanings are a result of the difficult life he led as a teenager in his home nation of Hungary; born in 1930, George Soros lived under both Nazi and Stalinist rule during his teenage years before embarking on a refugee journey to London. Forbes reports Soros graduated from the London School of Economics before departing the U.K. for Wall Street and a career as perhaps the best-known hedge fund manager in history. In 2017, George Soros operates a hedge fund through Soros Fund Management with an estimated $30 billion in assets and a personal fortune rated at more than $25 billion.
As the 20th richest person in the world, George Soros has decided to use his personal fortune to create a better future for the people of the world by influencing the best left-leaning candidates for office in the U.S. Following the loss of the 2016 Presidential election, George Soros has been looking to use the might of the powerful Democracy Alliance group he founded in 2005 following the election loss of Democrat John Kerry. The aim of the Democracy Alliance is to work towards developing new strategies dedicated to improving the long-term political position of the Democratic Party instead of seeking short-term election victories based on populist ideas.