George Soros is backing a campaign to stop Brexit

  • Billionaire George Soros is funding a campaign to stop Brexit.
  • His foundations have donated £400,000 (more than $US556,000 USD) to the Remain-supporting group Best for Britain.
  • The campaign is targeting both members of the public and MPs to prevent Brexit from occurring.
  • Soros hosted a donors dinner at his house but was unsuccessful in getting any financial pledges.

Billionaire George Soros is reportedly behind a campaign to stop Brexit.

According to a report from The Telegraph, Soros is a donor to Best for Britain, the UK’s Remain-supporting campaign.

The organisation since confirmed that Soros contributed £400,000 (more than $US556,000) through his foundations.

Best for Britain plans to launch a country-wide campaign this month to push for a second referendum and, per leaked documents obtained by The Telegraph, the campaign is also targeting MPs to vote against the final Brexit deal.

The document reportedly says the campaign must “wake the country up and assert that Brexit is not a done deal. That it’s not too late to stop Brexit.”

It also outlined plans for mass rallies as well as the use of “guerilla marketing tactics.”

The campaign is currently trying to recruit donors, and Soros hosted donors at a dinner party in late January.

The Telegraph reports donors were told the attendee’s goals were to”raise public support for Remain to a clear and growing national majority by June/July 2018 and channel that pressure into MPs’ mailbags and surgeries.”

Apparently no donations were pledged.

Soros is an investor and philanthropist who has given away more than $US32 billion in his lifetime. In 1992, he successfully bet more than $US1.5 billion on the British pound and is considered to be the man who “broke the Bank of England.”

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.