George Soros is known for his strategic market moves and his opinions on politics. Separating economy and politics can be hard, even for the self-made billionaire on discoverthenetworks.org. For him, every political decision has a direct impact on the economy. If one wants to succeed in hedge funds, there is need to monitor both the economic and political trends. In January 2016, Soros shocked many people by claiming that the Republican candidate, Donald Trump, was doing the work of ISIS. This is a strong statement against an individual running for the highest office in the United States. George Soros noted that Trump’s ideas such as closing the U.S. border to the Muslim community might serve to negate the anti-terrorism efforts led by the United States. Such bans would be against religious freedom and the fundamental principles on which the United States was founded. Soros believe that the Middle East is already winning the war against ISIS. Recent data indicates that Iraqi and Syrian governments have managed to reposes land that was under the control of ISIS on Politico.
Soros was also impressed by Angela Merkel’s initiative to welcome refugees in the country. He said that in doing so, the German Chancellor risked her political future on opensocietyfoundations.org. The hedge fund expert hopes that Germany and other European countries will successfully integrate immigrants into their societies. Such success will discourage ISIS and kill their propaganda messages. At the recent World Economic Forum in Davos, Soros made headlines with his exploding comments on a 45-minute interview with the Bloomberg TV. Soros made these comments in light of the campaign propaganda used by Trump. One of Trump’s campaign policies that have provoked the self-made billionaire to react are his views on immigration. Trump has promised to make it hard for immigrants to move into the United States. In his plans, Trump is proposing to build a wall along the border between Mexico and America. The billionaire is confident of Hillary winning the general election. This information was originally mentioned on Forbes.
George Soros is the richest hedge fund billionaire worldwide. He is famed for ‘breaking’ the Bank of England in 1992 when he made over a billion dollars. The Hungarian-American has since grown his empire to a staggering $24.5 billion. This places him among the top twenty richest individuals in the planet. Trump is ranked number 121, with an estimated net worth of over $4.4 billion. Although Soros has been relatively silent in the last few months, he has remained one of the top political contributors. He mainly supports liberal causes and candidates. The founder of Soros Fund Management is also known for his philanthropic works. In the 1970s, he provided funds to black students attending the University of Cape Town. His donations helped the students to complete their studies. The billionaire has given out over $ 7 billion to different initiatives. Out of this amount, $50 million was donated to the Millennium Promise. He has also donated over $100 million to help Russian regional universities to establish internet infrastructure.