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Billionaire George Soros Donates more than Half of his Wealth, Drops 39 Spots on Forbes Rich List

George Soros is a respected and wealthy billionaire who is currently living in the United States. The businessman has earned a lot of wealth in his career life, and he commands a lot of respect in the international community. The billionaire is known for supporting noble causes in the community. His organization, known as the Open Society, has been in the market for several decades, and it has assisted very many communities that are living in various parts of the globe. The businessman has also been a staunch supporter of the Democrats, and he has donated huge sums of money to support candidates in the Democratic side.

This year, George Soros was in the headlines once again. According to the prestigious Forbes magazine, the businessman was on the annual list that lists some of the wealthiest individuals in the international community. When the organization made its first list in the year, George Soros was in the twentieth position. The magazine published that the businessman was worth twenty-three billion dollars. The unfathomable fortune was accumulated since the wealthy investor settled in the country very many years ago. For the people in the world, the amount of wealth owned by the billionaire is shocking. For the majority of the people in the international community, the wealth accumulated by the investor is too much, and learn more about George Soros.

This status, however, changed several weeks ago. According to sources that are close to the businessman, George Soros has decided to donate eighteen million dollars. All the money was offered to the Open Society Foundation. The wealthy investor founded this institution many years ago, and he has been running it so that he can assist the communities in various parts of the world. The charity organization has been assisting people for the last thirty years, and it has impacted the lives of millions of people.

There has been lots of negative news concerning the huge donation that was offered by the businessman. According to several financial experts, the billionaire took this great measure so that he could avoid paying taxes and at the end of the day save some of his money that would be paid to the financial systems. However, the businessman and his close associates in the United States are not happy about the election of Donald Trump into the presidential position. The businessman and other important people in the society have been working hard so that they can fight back the new president, and George Soros’s lacrosse camp.

The idea to donate has seen George Soros drop the list by more than thirty-nine position in the recent times. The Forbes Magazine says that the businessman gave more than eighty percent of his wealth as donation, and this has reduced in net worth. The Open Society will be expected to use all the amount of money donated by the businessman to help the needy and other people in the society. George Soros has always been passionate about helping people in the society, and the Open Society has been giving him this opportunity, and http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267.




George Soros’ Charitable and Philanthropic Contributions

Philanthropists usually thrive to make the world a better and equal place to live in for all and especially the less fortunate in the society by giving away charity. One such person is George Soros and he is one of the most renowned philanthropists and has given away most of his wealth towards his charitable organization, a very commendable act. His giving often focuses on those who face discrimination for simply being unable in the society.

Personal Background

George Soros was born in a Jewish family in Budapest and he was brought up from humble beginnings. He luckily survived the Nazi occupation if Hungary during the world war II. He then migrated to England in the year 1947 and attended the London School of Economics. In the year 1956, he crossed the Atlantic and relocated to NYC where he got to work as an arbitrage trader to an analyst and then finally to a vice president as well as a investment manager.

His $18,000,000,000 Donation

George Soros currently commands one of the greatest charitable donations in the US after he gave away $18 billion from his own wealth into his Open Society Organization. This philanthropic Firm was started in the year 1979. It mainly gave education scholarships to black South Africans especially during the apartheid times. On Forbes Magazine, he is ranked twentieth richest person and various sources close to the Soros Foundation disclosed that George has been transferring most of his wealth to his charitable foundation.He has made major contributions towards the transformation of the society and his organization has essentially been ranked as the second largest charitable organizations. Mr. Soros’ foundation also promotes the protection of human and democratic rights of humans in many countries around the globe. There is simply none other foundation around the globe that has over the years created such a huge impact around the globe such as that of George Soros.

He is simply gifted with a heart of giving away for the help of others in the society. His organization has also been in most parts of the globe in a bid to transform lives. The organization on a rough estimate spends about $9oo million on grants and programs which is actually more than is legally required.Also, the Millennium Promise and Villages project received about $75 million from George Soros. This project’s sole aim is to help bring to an end the extreme poverty throughout African continent via holistic approaches such as education, easy access to health services food, water and other basic needs. His contributions are mainly seen at work via his foundations that also work to fight disability rights, LGBT, women’s rights and UNICEF.George Soros philanthropic acts have exceeded that of anyone on this planet making major contributions to education, health and humanitarian efforts to the less fortunate in the society. Much of his funding is majorly done through the Open Society’s offices and according to Forbes magazine, his net worth is $23 billion hence this indicates that the $18 billion he has donated translates to about 80 percent of his net worth.




The Hard Work Of Luiz Carlos Trabuco Cappi Paid Off

Most people do not know who Luiz Carlos Trabuco Cappi is but his story is worth reading about. He is one of the executives whose work ethic and resilience get noticed. His colleagues and employees know that he is a smart and attentive boss, but there is more to Luiz Carlos Trabuco Cappi than meets the eye when people first meet him. His career is also fascinating, and everything Luiz Carlos Trabuco Cappi achieved during it and continues to perform is because he works hard. You don’t see people like this very often in the modern world of business and competition where every man usually works for himself.

He started his role as the president of Bradesco in 2009, and at the time the company was not the market leader in its niche. They lost the leadership to rivals, and Luiz Carlos Trabuco Cappi was determined to build it back up. He worked hard to do just that, but for it to happen, he needed to make some very bold business decisions. He knows the company has many clients in different municipalities and their first and foremost responsibility is to them. Without their clients, the business would never exist, and he had to seek approval for the decision he was about to make as a president.

He received approval from Lazaro Brandao a presiding officer of the board to buy the Brazilian branch of HSBC. It cost the company 5.2 billion dollars, and it was the most significant purchase any business made in the whole of Brazil in the year 2015. Bradesco was able to put themselves back on track for the fight to stay on the leaderboard of businesses in Brazil. Their combined market shares allow them to move past their competitors and succeed bettering them on some accounts they hold as well as some investments there are. They are close in assets, deposits and loans granted and Luiz Carlos Trabuco Cappi is not showing any signs of stopping anytime soon because it is not just about being better than the competition. It is also about showing people who trust the companies that they have not made a mistake by believing Luiz Carlos Trabuco Cappi and their investments and future are in safe hands.

Read more: Trabuco: Bradesco to Privilege “House Silver” in Presidential Election

The decision to buy HSBC branch was bold, and it might not have paid off the way they wanted, but it was a necessary risk. It propelled the company forward and allowed them to achieve the results that otherwise would take about six years to reach. Luiz Carlos Trabuco Cappi was one of the people his colleagues and employers noticed because of the personal pride and touch he puts into this work. He wants to know what is going on in the business itself and how the business environment of Brazil is changing over time. He brings extensive knowledge and understanding into this job and cares deeply about every person involved on both sides.

Luiz Carlos Trabuco Cappi had a background in Philosophy, and he graduated from the University of Sao Paulo. He genuinely loves his country and actively campaigned for the Statue of Christ the Redeemer to be included in the list of the Seven Wonders of the Modern World. The campaign was successful, and it is still one of the most visited places in the country. Many visitors associate Brazil with this iconic site, and Luiz Carlos Trabuco Cappi could not be prouder of his country being on the world map not just for that but their unique culture, music, and cuisine. Although his career took him away from Philosophy, it taught him the work ethic and the importance of personality as well as hard work.

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Glen Wakeman Pioneers a Unique 5-Step Business Growth and Success Methodology

Glen Wakeman’s successful career dates back several decades. His entrepreneur spirit saw him lead a dozen prominent American companies. He was once the president and CEO of P&L business development, CEO of Nova Four Inc., and at GE Capital. Today, the serial investor is a living legend for the outstanding job he’s done at LaunchPad Holding LLC. LaunchPad is a creative software firm that supports prospective startups in their business cycle. This platform makes it easier and straightforward to aspiring tech innovators to make it to the big leagues minus all the hassles rife in the process.

Previous Jobs

Glen’s most significant contribution to the business world, however, must be his revolutionary 5 step performance strategy. This formula helps companies to properly address leadership and power, risk management, business execution, and human capital concerns within an organization. Wakeman is a revered corporate strategist who sits on the executive boards of reputable companies, for instance, Dreamfunded and Sitter Bees, among other Fortune 500 listed companies in America.

A Typical Day

Glen Wakeman’s experience in global business affairs is comparable to very few executives in the local and international arenas. His job has taken him to half-a-dozen countries so far. BusinessWire refers to Glen as an extensively accomplished business executive. Glen is actively involved in the day-to-day affairs of LaunchPad Inc. He starts his office day by carefully going over the figures of their sales and performances before proceeding to strategic meetings with the heads of the various core departments within LaunchPad Inc.

Interview Recap

Speaking in an interview, Glen makes it clear that research is a central part of his business. The executives put their heads together to analyze and scrutinize the vast research data and information they curate about their consumers and the market in general. Glen’s golden advice to the millions of young entrepreneurs looking to venture into the startup world is that they ought to be masters of delegating duties and responsibilities. Additionally, its imperative for the investors to be excellent communicators, always. Moving forward, Glen Wakeman is most fascinated with how machine learning can be incorporated into businesses for heightened growth and productivity. According to Glen, the future belongs to those companies that will embrace and utilize big data to grow.

Read the rest of the captivating interview by Glen Wakeman here.