George Soros

George Soros CAPTION
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Background

Additional Reading

With a 50-50 split in the United States Senate and a thin majority for Democrats in the United States House of Representatives, huge amounts of money are pouring into this year's congressional races as both major parties vie for control of United States Congress. Twelve years after the Supreme Court of the United States'  Citizens United v. Federal Election Commission  (Citizens United v. FEC) decision unleashed unlimited amounts of corporate spending on federal campaigns, a record amount of money is likely to flow into the 2022 United States elections.

Billionaires who amassed their extreme wealth as executives in the financial, manufacturing, and tech industries donated huge sums of money to Super Political Action Committee in 2021 , led by a staggering nine-figure sum from liberal   George Soros. Several conservative business owners and executives also gave big, but in the tens of millions, according to recently released Federal Election Commission data reviewed by the Center for Media and Democracy.


Top Super PAC Donors of 2021  [data].  [Source]

George Soros

Hedge fund manager George Soros - who is worth an estimated $8.6 billion - gave an eye-popping $125 million to his Democracy PAC II  [OpenSecrets.org, PAC profile: Democracy PAC II], which supports pro-democracy "causes and candidates, regardless of political party" committed to "strengthening the infrastructure of American democracy: voting rights and civic participation, civil rights and liberties, and the rule of law," according to a statement obtained by Politico.

George Soros' $125 million donation is a long-term investment that will support these causes beyond the 2022 U.S. midterms. Last year [2021], Democracy PAC II contributed large amounts to liberal committees such as House Majority PAC  [President: Robby Mook], the Democrats' main House super PAC; BlackPAC  [Wikipedia: BlackPAC], which mobilizes Black voters; and Workers Vote, a super PAC affiliated with the UNITE HERE labor union.

In 2021, George Soros also gave $500,000 to WFP National PAC, the super PAC of the progressive Working Families Party, and roughly $240,000 to Democracy PAC, which was Soros' leading funding vehicle in 2020.

In addition to being a reliable megadonor to the Democratic Party, George Soros has also made significant commitments to racial justice organizations such as Color of Change and helped elect progressive district attorneys in an effort to reform the criminal justice system.

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