Billionaire businessman George Soros has confounded critics and supporters of President Donald Trump by claiming that he is a con artist, imposter and would-be-dictator. According to a report published in the Business Insider on January 17, Soros 86 alluded that Trump will fail terribly in his new position as Commander in Chief. This is mostly because he is against the tenets of the open society, an attribute that is common among dictators. Soros is however optimistic that strong US institutions would deter such a scenario from happening.
Soros also castigated supporters close to Trump for wrongly advising and contradicting his statements. Because of this, it has become very difficult to predict how the President Trump will act on issues, since most of his decisions appear not very well thought-out. George Soros also urged the business community to be careful when dealing with Trump, adding that he will personally stay far away from him. When asked about the President’s policy on international trade on Forbes and China in particle, Soros affirmed that Trump will unintentionally make China acceptable to the global community than the Chinese themselves.
The renowned hedge fund manager and Holocaust survivor echoed these sentiments at the annual World Economic Forum that held every year in Davos, Switzerland. This is not the first time Trump had come under heavy criticism from George Soros. It is also unlikely that this will be his last. George Soros is an avowed Democratic Party supporter; he supported Hillary Clinton in the just concluded US presidential election. He is said to have lost about 1 billion after the unexpected Trump Victory, even though his fund still made a 5% gain in 2016.
About George Soros
George Soros is one of the richest men in the world, and is best known for his philanthropic efforts and support for the Democratic Party and liberal causes. During the just concluded US Presidential Election 2016, George Soros said he will commit funds to support the victims of rising hate crimes and growing insidious rhetoric from President Elect Donald Trump. According to an excerpt published in the New York Times, on November 22, 2016, Soros has already committed an initial sum of $10 million, which will be channeled through the Open Societies Foundation.
The Hungarian born hedge fund billionaire said George Soros was particularly troubled by attacks on immigrants and minorities since the Election Day. The NYT added that donations to groups opposed to Donald Trump’s policies such as Planned Parenthood and American Civil Liberties Union have increased phenomenally following his election as President. Elsewhere, an excerpt appearing in the Open Society Foundations website indicates that Soros has so far offered $12 billion in lifetime donations through the Open Society Foundations. Soros began his philanthropic efforts back in 1979.