Billionaire investor George Soros has committed more than $25 million to supporting Hillary Clinton and other Democratic candidates and causes, according to Politico, citing the Federal Election Commission records and interviews with his associates and Democratic fundraising operatives.
Soros who scaled back his political giving after $27 million spending spree to try to defeat President George W. Bush in 2004, has now emerge again as a leading funder of Democratic politics, the website reported.
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The 85-year-old financier is worth $24.9 billion, according to Forbes, and his return as a big-time contributor will be a boon to the party as it seeks to retain control of the White House and regain a majority in the Senate.
Soros’ spokesperson and polotical advisor Michael Vachon told Politico that Soros “has been a consistent donor to Democratic causes, but this year the political stakes are exceptionally high.”
