The 2016 Presidential campaign has been underway for a number of months as the first voting looks to begin at the start of 2016. Candidates for their party’s nomination to the Presidency have been looking to gain as much funding as possible prior to the initial voting beginning; Hungarian born donor for the Democratic party in the U.S. George Soros has made clear his allegiance with a major donation to the campaign of Hilary Clinton. Soros has returned to the political scene of the U.S. with a bang after providing Clinton with a check for $6 million to fund her bid for the White House.
George Soros has recently been discussing the political issues facing the world and discussed the migrant problems facing the European Union at length. The refugee crisis strikes a chord with George Soros after he was rescued from a Nazi concentration camp at the close of World War II before embarking on a journey to London to be educated as a refugee. The refugee story of George Soros, but instead takes in his journey to New York where he began his financial career.
Politico explains the 2016 Presidential elections show a change in thought process for Soros after he appeared to lose interest in U.S. politics after the election of President Barrack Obama in 2008. A major supporter of Obama, Soros later expressed his unhappiness with the decision he made to overlook Hilary Clinton and instead back the then Senator from Chicago.
In the early stages of the Clinton campaign for the 2016 election Soros returned to the fold of the Democrats with two individual donations for Clinton Super-PAC’s totaling $2 million. The latest donations made by George Soros have provided a $6 million boost to the funds of a major Super-PAC supporting Clinton that now has a bank balance of around $36 million. George Soros has been a major supporter of Democrats looking to win the Presidential election since the 2004 election he backed in an attempt to defeat President George W. Bush. Despite backing Obama in 2008 Soros donated just $1 million to the reelection campaign of the President in 2012. The billionaire has expressed his unhappiness at the Presidency of Obama as he stated his pleasure at the access he has been given to former Secretary of State Clinton in recent years.