Soros donates big bucks, joins Ready for Hillary national finance council
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Billionaire investor and hedge fund titan George Soros is backing an effort to lure Hillary Clinton into a 2016 White House bid.
Soros signed on to be a co-chair for Ready for Hillary, a super PAC trying to trump up support for a presidential run by Clinton.
“We are proud to welcome George Soros as one of the co-chairs of @ReadyForHillary’s national finance council,” the organization tweeted Thursday afternoon.
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Soros’ political director, Michael Vachon, said in a statement that the 83-year-old is “delighted to join more than 1 million Americans in supporting Ready for Hillary.”
“His support for Ready for Hillary is an extension of his long-held belief in the power of grassroots organizing,” the statement said.
As of September 2013, Soros had a net worth of $20 billion and is ranked No. 19 on the Forbes 400 list of the richest people in America.
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Other members of the national finance council, who must donate or raise $25,000, include Esprit co-founder Susie Tompkins Buell, entrepreneur Jo Ousterhout and attorneys Steve and Amber Mostyn, according to The Washington Post.
Soros, a longtime Democrat, donated $1 million to Priorities USA, the former pro-President Obama super PAC that was responsible for launching multiple negative attacks against Republican challenger Mitt Romney during the 2012 presidential election.
Clinton has not announced she is considering a run for the Oval Office, although many political watchers believe she will.
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Clinton left her position at the State Department earlier this year and joined her husband and former President Bill Clinton’s philanthropic organization, which was renamed the Bill, Hillary & Chelsea Clinton Foundation.