Here’s Where George Soros REALLY Puts His Money: Fast Food, Junk Food, Energy, Environment and Guns

Thursday, August 24, 2017 by

Soros

Billionaire George Soros gives liberally to progressive causes, but he puts his financial bets on fast-food chains, GMO foods, coal, firearms and gas-guzzling cars, according to a Daily Caller News Foundation Investigative Group analysis of his latest financial filing.

Soros claims he is a fighter for human rights but that hasn’t kept his separate private family investment company, Quantum Group of Funds, from investing in oil exploration in Western Sahara, long viewed by human rights groups and the U.N. Security Council as a territory brutally occupied by Morocco.

Soros Fund Management, the billionaire’s main corporate investment company, disclosed his latest financial investments for the second quarter in August 2017, as required by the Securities and Exchange Commission (SEC). A previous quarterly report showed he lost nearly $1 billion after Donald Trump won the 2016 presidential election. The fund manages about $30 billion in assets.

Soros latest quarterly submission to the SEC shows he invested in companies opposed by left-wing advocacy groups on issues such as promoting healthy nutrition, increasing workers’ wages, protecting the environment, and fighting climate change.

“Soros is a socialist in ideology but a capitalist in methodology,” said Matthew Vadum, senior vice president of the conservative nonprofit Capital Research Center, which follows private money flows to foundations, charities and philanthropies. “So, George Soros is a bundle of contradictions.”

Soros’ nonprofit, tax deductible contributions range from a $5,225 donation to Human Rights Watch to $625,000 to the Center for American Progress, which was founded by John Podesta, campaign chairman for former Secretary of State Hillary Clinton’s unsuccessful 2016 bid for the White House, according to Soros’ 2015 990 IRS tax filings.

Soros operates two non-profit Open Society groups – the Open Society Institute with net assets of $2.6 billion and the Foundation to Promote Open Society, with assets of $7.3 billion. Only a fraction of those funds are actually given in a single year.

Soros’ largest single donation in 2015 was $24 million, to his own Soros Economic Development Fund.

The billionaire’s second-quarter 2017 investments include:

Fast Food and “Junk” Food

Many low-income advocacy groups have launched community programs seeking healthier diets for the nation’s poor. Former First Lady Michelle Obama backed the campaign as one of her top priority causes when she was in the White House.

But Soros latest report shows he invested $317 million into fast-food and “junk food” companies.

P/C WIKIMEDIA

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