This electioneering period has seen George Soros make a big comeback in the campaign donation trail. Politico.com reports that Soros donated a total of $8 million to the Hillary Clinton presidential campaign in 2015. To reach this total, Soros made a $6 million donation to Priorities USA in December. Priorities USA is one of the largest super PAC’s supporting Clinton’s campaign. A report filed with the Federal Election Commission (FEC) indicates that Priorities USA Action raised $25 million in the second half of 2015, while the year’s total stood at $41 million. The super PAC closed the year on a solid footing with $36 million in the bank.
Early in 2015, Soros donated $1 million donation to another Pro-Clinton supporting super PAC, the American Bridge 21st Century. Soros is traditionally a long-time Democratic Party donor. In 2004 and 2012, he fundraised for John Kerry presidential run and President Obama’s successful reelection respectively. During the 2008 Democratic party primaries, Soros regretted not supporting Hillary Clinton’s shot at presidency during the Democratic Party primaries, some highly revealing emails released by the State Department in December showed. Soros appreciated the fact that the former Secretary of State was willing to meet him and give him an open door to discus policy.
In the 2016 race to state house, Hillary Clinton is competing against Bernie Sanders on the Democratic side. On campaign fundraising on the GOP side, Trump can easily fund his own campaign, but his main contenders Ted Cruz and Marc Rubio must continue hitting the fundraising circuits. A CNN report indicates that at the end of 2015, Donald Trump lent his campaign $12 million. A FEC report also shows that his campaign raised $2 million in the 4th quarter of 2015. Cruz, who recently won the Iowa Caucuses, closed 2015 with $18.5 million after raising $20.5 million in the last three months of the year. Rubio, on the other hand, raised $7 million in the last three months of 2015 and ended the year with $10.39 million
About George Soros
On a personal level, George Soros 85 is very passionate about writing. His works which include opinionated essays and articles constantly feature in various leading newspapers and magazines. According to GeorgeSoros.com, his 14 books provide insights into how he approaches business and investing. He also shares his personal perspectives on a host of issues including philanthropy, politics, open societies, politics and globalization. His book “The Age Fallibility” that was published in June 2007 talks about his business dealings. Soros made a fortune by anticipating ground breaking shifts in the financial markets. The bestselling book also covers a topic that has preoccupied his mind since 2001, the degenerate state of America.