AI Overview
George Soros
has spent hundreds of millions, potentially over half a billion, on liberal causes and Democratic politics since 2020 alone, primarily through the
Open Society Foundations network, funding advocacy groups, ballot initiatives, and candidate campaigns, with significant individual donations to Super PACs in recent election cycles like the 2022 midterms where he was the top billionaire donor. While exact lifetime figures are elusive due to "dark money" channels, his total giving to the Open Society Foundations network exceeds $32 billion by 2017, funding broad democratic and progressive initiatives.
Recent Examples & Figures:
- 2021-2022: Donated over $170 million directly to Democratic campaigns and an additional $140 million through the Open Society Policy Center to advocacy groups and ballot measures.
- 2022 Midterms: Contributed over $128 million, making him the top billionaire donor, notes from CNBC.
- 2020 Cycle: Spent at least $138 million via the Open Society Policy Center on aligned causes and groups.
Methods of Funding:
- Open Society Foundations: The main vehicle for his philanthropy, with a massive $18 billion transfer in 2017 to support future work, bringing total foundation giving past $32 billion.
- 501(c)(4) Nonprofits: Uses groups like the Open Society Policy Center for political advocacy and funding ballot initiatives, often described as "dark money".
- Direct Contributions: Funds federal candidates, Super PACs, and political parties, notes OpenSecrets.
In essence, Soros channels vast sums, often in the hundreds of millions per cycle, into progressive efforts through complex philanthropic and political structures, making precise total lifetime spending difficult to quantify but clearly substantial.
Nonprofit financed by billionaire George Soros donated $140 ...
- Sep 19, 2024 — Hungarian-born US investor and philanthropist George Soros answers to questions after delivering a speech on the sidelines of the ...
Congress.gov
- George Soros
In 2017, the Open Society Foundations announced that Soros had transferred $18 billion of his fortune towards funding the future w...