Billionaire Soros Backs De Blasio in New York Mayoral Race

Billionaire George Soros endorsed New York City Public Advocate Bill de Blasio for mayor, citing the candidate’s opposition to police stop-and-frisk tactics and support of pre-kindergarten and after-school programs.

Soros, 82, the hedge fund pioneer and philanthropist, is chairman of the Manhattan-based Open Society Foundations, an organization that supports free expression, human rights and open government around the globe. He lives in Katonah in Westchester County, where he’s registered to vote.