Billionaire gun control advocate George Soros is a vocal supporter of restricting gun rights, but he has also invested millions in the firearms industry.
Soros has bought millions of dollars worth of shares in Vista Outdoors and Olin Corp., which Winchester produces ammo for, according to a report from International Business Times.
That would seem to be at odds with the philosophy of a man who recently said, “I’m very much against guns. And if it can be organized on a large enough scale, I wouldn’t be opposed to it,” when discussing divesting from the firearms industry. (RELATED: EXCLUSIVE: Amtrak Police Double As George Soros Body Guards)
Soros hasn’t made much money off his firearms investment with the stocks barely shifting since he bought them. But at the same time, he has been pouring money into gun control initiatives and groups such as the Brady Center and a super PAC for Hillary Clinton that supports restricting gun rights.
Gun control isn’t a new passion of Soros. The report from IBT shows that he has been a consistent proponent of the measures since 1998 when he led a failed lawsuit against gun manufacturers. In 2004, he publicly criticized then-President George W. Bush’s support of the Second Amendment. (RELATED: George Soros Invests Big In Fracking Company Despite Funding Green Groups)
The Hungarian-born billionaire declined comment to IBT on his investments in the firearms industry.