Investor pledges additional £100,000 in response to ‘smear campaign’ in rightwing press
George Soros has moved to defy his critics over his £400,000 donation to the pro-EU campaign group Best for Britain by pledging an additional £100,000 to support efforts to fight Brexit.
The billionaire investor’s Open Society Foundation (OSF) is set to match a crowdfunding campaign set up in the wake of attacks on Soros, which has already raised more than £50,000 since his support was revealed on Wednesday last week.
- Billionaire says social media companies’ ‘days are numbered’
- Soros warns of ‘far-reaching adverse consequences’ for democracy
Facebook and Google have become “obstacles to innovation” and are a “menace” to society whose “days are numbered”, said billionaire investor and philanthropist George Soros at the World Economic Forum in Davos on Thursday.
“Mining and oil companies exploit the physical environment; social media companies exploit the social environment,” said the Hungarian-American businessman, according to a transcript of his speech.