George Soros Enhanced Hillary Clinton’s Campaigns With A Donation Of $25 Million

George Soros returned to the political scene with bang. The hedge fund billionaire reignited his political presence by donating over $25 million to Hillary Clinton and other liberal Democratic candidates. His return to active politics followed a long silence after his previous attempts to unseat President George W. Bush by funding his rival. During the 2004 elections, George contributed more than $27 million to the Democratic campaigns.

The money donated by George Soros during last year’s elections was used to finance Hillary Clinton’s campaigns to every corner of the United States. It would also be used to fund the campaigns of other Democratic candidates who were facing stiff competition from the Republicans. This information was obtained from the Federal Election Commission records. Soros is estimated to be worth $24.9 billion. He has managed to get his fortune by engaging in risky currency trades. His first major win against a currency was in the early 90s when he bet against the British pound. From the trade, George made over one billion dollars in profit. The 85-year-old Hungarian-born New Yorker has gone on to undertake many similar trades. Read this story at Politico about George Soros.

Soros and Hillary have known each other for over 25 years. Due to this long relationship, the billionaire had planned to attend his first-ever Democratic convention to watch the presidential hopefully give her first acceptance speech. However, the hedge fund expert decided to cancel the trip at the last minute to keep a keen eye on the economic situation in Europe. In addition, Soros has also been involved in the verbal attack of Clinton’s opponent, Donald Trump. In his interview at the World Economic Forum, he accused President Trump of ‘doing the work of ISIS’ through his speeches and policies. The trader notes that spreading fear among Americans was proof that Trump was not ‘qualified’ to lead the free world. According to the billionaire’s spokesman, Michael Vachon, his involvement in politics was necessitated by the exceptionally high stakes in last year’s elections. These stakes were caused by several issues such as Trump’s candidacy, world economic situation, and ISIS. Vachon added that the philanthropist has remained a staunch supporter of immigration reform, religious tolerance, and criminal justice reform. Know more on investopedia.com about George Soros.

George Soros was one of the key funders of the Ferguson protests. He hoped that the protests would help spur a civil action that is in line with his justice reform ideas. The billionaire funded the ‘hands Up, Don’t Shoot’ campaign. The protests resulted from the death of Trayvon Martin. The young adult was fatally shot by the police. Soros funded the campaigns to the tune of $33 million. This is according to the tax filings reports made by his Open Society Foundations. The money was channeled to already established charity groups that participated in the protests. This information was originally mentioned on Washington Times as elaborated in the link below http://www.washingtontimes.com/news/2015/jan/14/george-soros-funds-ferguson-protests-hopes-to-spur/

Dick DeVos’ Great Contribution to the Society

Through their family foundation, the Dick and Betsy DeVos Family Foundation, Dick DeVos and Betsy DeVos have donated well over $130 million to various charitable causes since the foundation was established in 1990. The couple is passionate about improving education in the U.S. although they also donate to charities that deal with other issues such as healthcare. On average, more than a quarter of the Dick and Betsy DeVos Family Foundation’s annual charitable donations are given to non-profit organizations that deal with educational issues. This just goes to show how much commitment they have to improving the education system in the country.

 

The charter schools that Mr. and Mrs. DeVos started aim to provide children with a good education that is tailored to their unique needs and abilities as opposed to using one approach for all children as conventional schools do. This enables the children to grow and learn at a pace that is comfortable for them. The DeVoses believe that the current education system is good but it can be made much better by using the charter schools’ approach. Some of the beneficiaries of the couple’s charitable donations in recent years include Detroit Charter School Company New Urban Learning, West Michigan Aviation Academy, and Rehoboth Christian School among others. The DeVos family as a whole has contributed so much to various charitable causes that they appeared in the top 30 in the 2015 list of America’s Top Givers.

 

Dick DeVos’ Personal and Work History

 

Dick DeVos’ is a renowned philanthropist and entrepreneur in the U.S. He is married to Betsy DeVos, the current U.S. Education Secretary. His first job was at his father’s company, Amway Corporation, where he did various operational tasks between 1974 and 1984. His commitment to hard work and excellence saw him rise up the ranks very fast and in 10 short years, he was appointed vice president of some of the company’s international operations. He left Amway five years later and started the Windquest Group, which manufactures closet and storage organizers. DeVos has held numerous other high-profile positions in various organizations, including the position of president of Amway Corporation. DeVos tried to get into politics in 2006 when he vied for the gubernatorial seat in Michigan but lost.

 

Conclusion

 

The DeVoses are truly committed to improving the welfare of the community through their charitable donations and affiliation with various non-profit organizations. They have made a big impact so far, especially in the education sector, and they do not plan to stop any time soon. In her position as Education Secretary, Betsy DeVos has the power to influence major reforms in the education sector to improve the quality of education in the country. This will enable the DeVoses to do even more for the education sector in the country.