The infamous financier is launching a new hub for his political efforts.
By Richard Moorhead
Aug 1, 2019
Leftist billionaire George Soros has launched a new Super PAC, filing the appropriate paperwork with the Federal Elections Commission on Wednesday.
Soros has already donated more than $5.1 million to his organization, making it one of the most well-funded political action committees active in the 2020 election. The financier has a net worth of more than $8 billion, and has tacit control of even greater amounts of wealth through his network of investment companies.
The ultrabillionaire is one of the wealthiest people in the United States.
Soros is known as a fierce enemy of conservatives and patriots not only in the United States, but the entire world. His Open Society Foundation was recently forced to exit the financier’s home country, Hungary, when a pro-immigration pressure campaign ended in disaster.
Recently, Soros was linked to the funding of Central American illegal migrant ‘caravans.’
The liberal oligarch has titled his organization “Democracy PAC,” an ironic name considering Soros’ prolific career of seeking to undermine democratic elections. The Hungarian-born billionaire has spent millions attempting to overrule the United Kingdom’s 2016 Brexit Referendum, hoping to keep the UK in the globalist European Union.
Soros has traditionally been skeptical of involving himself in battles within the left and the Democratic Party, but it’s possible he could take a side in the crowded and contentious Democratic primary. Soros criticized New York Senator Kirsten Gillibrand for her role in forcing Minnesota’s Al Franken out of office in a #MeToo scandal.
The 2020 election could very plausibly represent a struggle between the forces of true American nationalism and internationalist globalism, and the billionaire financier known for his liberal political empire is unlikely to stand on the sidelines.