Philanthropy (2)


The Man of The Hour

Although some societies exist in complete anarchy, the United States of America remains the contrary. This remains attributed to its “Founding Fathers” and the Declaration of Independence. For those unaware, the United States of America remains a nation that immigrants helped to create. With a population well over 300 million people, the United States continues to inspire and innovate the world. Without such immigration, the United States would have never reached its full potential. With that being said, George Soros remains a prominent figure in the investment community. Learn more on Discover the Networks about George Soros.

For those unaware George Soros remains one of the most successful investors that ever lived. In addition, his story remains like no other. George Soros grew up in a time when Nazi Germany remained a world power. As a native of Budapest, Hungary, George Soros saw the wrath of the Nazis firsthand. Not only did they seize control of his country, they also killed millions of Jews in the process. Fortunately, George Soros and his family did not become a casualty. In fact, George Soros fled to England in 1947 with hopes of furthering his education. During this time, he went to the London School of Economics. While there, he received a bachelor’s degree in economics.

Due to such a desire for knowledge, George Soros also acquired a master’s degree in philosophy. By 1969, George Soros became a successful businessman. During this time, he opened up his first hedge fund called the Double Eagle. Due to the success of his first hedge fund, he opened his second hedge fund in less than one year. To remain exact, his first hedge fund went from $12 million dollars to a $25 billion dollar business entity. Therefore, it remains safe to say that George Soros knows a great deal about investing. Regardless of a country’s economic situation, George Soros has proven his ability to “weather the storm.”

This remains evident thanks to his $1 billion dollar profit that he made during the Black Wednesday UK currency crisis and 1992. Eventually, Soros would leave Europe and make his way to the United States. As an American resident, Soros became even more successful. Furthermore, he remains an avid philanthropist. With that being said, he has donated over $11 billion dollars to charity between 1979 and 2011. In addition, Soros spent a substantial amount of his time diffusing political conflict throughout the world. Learn more about his profile at businessinsider.com

In fact, he played a substantial role and assisting Eastern Europe transition from a communist state to a capitalist state. Furthermore, he remains known throughout his hometown for his educational contributions. Considering this to remain conventional wisdom, George Soro’s wealth currently stands at 25.2 billion dollars. In a nutshell, he has a lot of money.

Know more: https://www.opensocietyfoundations.org/people/george-soros




Insights On Where Dick And Betsy DeVos’s Charity Has Gone

Dick and Betsy DeVos made a surprising move not long after Betsy was selected to be the next Secretary of Education in President-elect Donald Trump’s cabinet. They decided to finally let the public know just how much their philanthropy totaled and according to the information released at the confirmation hearing the DeVos’s have over $139 million. Only a small amount of that $139 million was given to political candidates though quite a bit has gone to political activist groups such as Hudson Institute and the Constitution Society.

Dick and Betsy DeVos’s philanthropy has been centered around education, healthcare, arts and political activism. Private and charter schools have been by far the largest group to benefit from the DeVos’s lifetime giving. Through the Dick & Betsy DeVos Foundation in addition to the Education Freedom Fund and Children’s Scholarship Fund, many families have been able to minimize private school expenses tuition burdens. Some private schools that have been supported by the DeVos’s include Potter’s House and Grand Rapids Christian Academy. More recently the DeVos’s started supporting charter schools and were the founding members of the West Michigan Aviation Academy. This school has a curriculum in aviation as well as general studies and is a great prep school for college academics.

Dick and Betsy DeVos’s business involves investing and buying shares in Michigan retail, energy and tech companies at The Windquest Group. The Windquest Group also sponsors the West Michigan Aviation Academy and ArtPrize. Prior to founding The Windquest Group, Dick DeVos worked as a multilevel marketing executive at his family’s company, Amway Corporation. He served as Vice President of Operations for several years and then briefly left the company when he started The Windquest Group and served on the Board of Directors of the NBA’s Orlando Magic. He returned as CEO of Amway in 1993 and led the company into a great foreign market expansion, and in his last year in 2002 Amway generated $4.5 billion in profits. Recently at The Windquest Group the DeVos’s selected Phil Dolci to run their subsidiary The Stowe Company and also bought Coppercraft Distillery in Holland.

Dick DeVos is a founding member of a commerce initiative for Grand Rapids known as Grand Action Committee. Grand Action has led developments in downtown Grand Rapids for arts, entertainment and civics. The DeVos’s are longtime Republican Party supporters and have been involved both as political candidates and outside contributors. Betsy was chair of the state Republican Party for several years and Dick was a gubernatorial candidate in the 2006 election which he lost to then incumbent Jennifer Granholm. He later supported lawmakers who passed right-to-work legislation in 2012 along with the backing of the Koch Foundation and Hudson Institute.