George Soros Largest Donor to Clinton Campaign


George Soros has given Hillary Clinton’s super PACs over $8 million dollars so far in her bid to become president, according to Politico. He is the billionaire investor who was born in Hungary. He once made $1 billion dollars betting that the European Union would have to devalue their pound. More recently, he has been warning investors that the current situation resembles 2008 in many ways. George Soros has been outspoken on Greece’s financial problems and on China’s problems. He is also the founder of the Open Society Foundation that works on human rights issues around the globe. His gifts are the largest that Hillary has received so far in the election. The vast majority of his gift was made to Priorities USA Action. While this super PAC can legally have no connection with Hillary, it has come out to wholeheartedly support her.
The second largest contributor to Priorities USA Action is Euclidean Capital that has contributed $3.5 million. This is the hedge fund operated by James Simmons. Unlike Soros who is said to have a net worth of $24.9 billion, James has a net worth of $15.9 billion. He has long supported the Clintons. Many of his previous gifts was done under the name Renaissance Technologies. In September,2015, James officially retired appointing Ashvin Chhabra to oversee Euclidean Capital.
The third largest gift to Priorities USA Action was $2.8 million given by the Pritzker Group. This group is run by Anthony and Jay Robert (J.B.) Pritzker. They are part of the long family feud over the Hyatt Corporation and Marmon Holdings Incorporated. Their sister has served as commerce secretary under President Obama. Anthony Pritzker is worth $3.3 billion, while brother worth the same.
Several groups and individuals have given $2.5 million to Priorities USA Action. One of these is Herb and Marion Sandler who sold Golden West Financial Group in 2006 netting them about $2.6 billion dollars personally. They took $1.3 billion of that money to establish the Sandler Foundation which has funded numerous projects mostly building leadership in the disadvantaged.
Also giving $2.5 million is Paloma Partners that is managed by David Sussman. This partnership received over $200 million dollars from taxpayers as part of the A.I.G. bailout. David claims that he does not have a political agenda. He says that he considers his political donations to be philanthropy. The Sandlers have given generously to the Center for American Progress where David serves on the board. This group has had major influence on the Obama administration.
Also giving $2.5 million dollars to Priorities USA Action is the Women’s Self Worth Foundation which was founded by Cheryl Saban. The mission of this foundation is to empower women.