“Donald Trump is an imposter, con man, and a would-be dictator.” Billionaire George Soros said. Adding, “He [Trump] stands for that other form of government, which is the opposite of an open society; better described as a dictatorship or a mafia state.”
He is a disenchanted man since Donald Trump’s election as 45th President of the US. At number 27 on Forbes list of richest people on earth, Soros’ net worth stands at $24.9 billion.
Although Soros Fund Management on Biography is said to have gained 5% over 2016, according to The Wall Street Journal, Soros spent about $1 billion in last year’s US election campaigns. Throwing his weight behind Hillary Clinton in her presidential bid, Soros contributed huge chunks of money to the Democratic campaign team and placed bets against Trump’s election on Snopes.
How Putin Meddled With US Elections
He disputes Trump having won fair and square – with a landslide. Soros sees Putin’s hand all over in Trump’s election. He believes Putin helped him secure the top seat; by exploiting social media companies’ business model on opensocietyfoundations.org to spread misinformation and fake news. He says Putin also played a part in confusing electorates and destabilizing democracy.
George Soros is a Hungarian-American is a Holocaust survivor who was discriminated as a child by Nazis; for being Jew. He was 13 when Hungary was under Nazi Germany occupation in 1944. He believes he only survived because his father arranged false identities and got them out of Hungary. For this reason, issues of segregation resonate with him.
Trump’s Affinity for Dictators
He fears, the US will soon be overwhelmed with internal struggles, and minorities will suffer. With Trump’s seemingly gravitating towards dictators, the US will not be in a position to protect and promote democracy on Politico around the world. He foresees Trump preferring to cut deals at the expense of principles and integrity.
Trump Does Not Have a Plan
As far as Soros’ is concerned, Trump was not in the race to win. He lacks clear goals for his term in office, his ideas are self-contradictory and he will therefore fail. He also predicts a Trump failure in the financial market. To Soros, he only seems to be preparing for a trade war.
Speaking to Business Insider, Soros said, “It’s impossible to predict exactly how Trump is going to act because he hasn’t actually thought it through.”
He laments, “He didn’t expect to win. … He was engaged in building his brand.”
Soros is unsure of how the business community should deal with Trump, but his resolve is to “keep as far away from it as I can.”
Fight against Hate Crimes
However, moved by the plight of thousands of immigrants and minorities, George Soros pledged $10 million from his personal foundation to fight the hate crimes that he links to Trump’s stereotype rhetoric during his campaign.