George Soros – From Humble Beginnings To Global Influence

When George Soros was a young boy, growing up in Nazi Occupied Hungary, he had no idea that one day he would be one of the most powerful, influential, and richest men in the world. In those days, as a Jew facing down the struggle of Nazi oppression, he was more interested in finding a safe place to hide, and how to fill his stomach with the limited resourced that were available. Fast forward more than 80 years and George Soros is a man who wants for nothing, and has found himself a driving force behind not only the financial success of countless endeavors, but behind political and social change all over the world, especially in his adopted home country of the United States.

George is the head of Soros Fund Management, one of the most successful and respected fund management offices in the world. He runs the firm with his family, and has helped to grow it to a total asset holding of more than $30B. Like himself, his firm started with humble beginnings, growing out of a single fund that he started in 1969, now known as the Quantum Fund, with only $12M. Recently George Soros appointed a new CIO to head Soros Fund Management’s portfolio, in the form of Dawn Fitzpatrick. Fitzpatrick will be the seventh CIO of the firm in seventeen years, and Soros has noted, this is due to the desire to find the perfect fit for the position and thus ensure that the long track record of the firm’s success and excellence is maintained for many more years to come.

In his personal life, Soros, one of the world’s wealthiest men, has devoted himself to the task of making the world a better place. He is a regular contributor to many charitable groups, works with humanitarian aid and human rights organizations all over the globe, and is highly active in social justice issues at home in the states. He is also a powerful and energetic ally of the democratic party in the United States, having been influential in the funding of many candidates’ campaigns and providing a wide range of support activities for key components of the progressive left platform, especially in terms of planks which support the protection of personal rights and freedoms, and concept very close to the heart of George Soros. Know more about George Soros on Business Insider.

George has worked with groups to help the impoverished and needy in Africa and Asia, by helping to reduce the stranglehold of economic oppression and lack of good health care and proper education. He has been bestowed many awards for his work with non-profits and philanthropic organizations, and takes great pride in his efforts to use his wealth and influence to bring about real change and betterment of the world.

George Soros is a man who started out humbly and even though he has wealth, influence, privilege, and power, he strives to remain humble. He is a great example for those who want to make a difference in the world. Read more on NYTimes.com.

Dick DeVos Clears The Air On His Family’s Philanthropy

There have been many questions about the hundreds of millions doled by the DeVoses to charity over the years. To help answer those lingering questions Dick DeVos agreed to do an interview with MLive In the year ending Dec 2016, the couple signed checks amounting to $11.6M. That money went into establishments like the Potters House Private Christian School in Michigan. This particular learning institution holds a special place in the minds and the hearts of Mr. and Mrs. DeVos. It was at this place they started both their philanthropy and championing for the pro schools choice programs.

 

According to Forbes Magazine

 

The power couple has reported donating $5.3M to conservative party lobbyists over the entire duration of the electioneering cycle just concluded. As a family, the total wealth donated by the DeVoses amounts to $120M in the period spanning just twelve months. Forbes even goes ahead to declare the family as the 24th top givers in the nation. Over the past thirty plus something years since Richard Amway, Dick’s dad started and grew his Amway Inc. Company, the family has given back a whopping $1.3B. The wife’s family were also billionaire capitalists and they too were deeply involved with philanthropy.

 

Failed American Education System

 

A lion’s share of the $11.6 million donated went into supporting reformist agendas targeting the private education sector. For far too long, the Secretary has been repeatedly quoted as saying, the American dream has become an unreachable goal for most Americans. The system has lost its efficacy and the students come out half-baked and ill-prepared to take on the new sets of challenges in the modern marketplace.

 

Who’s to Blame?

 

Dick makes it absolutely crystal clear that it is not the teachers and the administrators to blame for the chaos in the American educational system, rather, it is a defunct system to be held accountable. He went ahead to remark about the positive progress made by the Pro-Choice School Funding programs he and the wife had worked tirelessly to set up. Hopefully, the program goes national especially now that they have the support of Congress and the White House. The couple is said to make these important donation-decisions with the help of their children.

 

About Dick DeVos

 

Born, 1955, Dick DeVos is the billionaire husband of the current US Secretary of Education Betsy DeVos. His father was a billionaire businessman who died in 2004 leaving him in charge of running his empire, Amway Corporation. The establishment dabbled mostly in distribution and retail industries. After completing his studies, it was only natural for Richard Amway “Dick” to finally come work at his dad’s company which he did in 1974. By 1983, Dick had risen up the ranks to be the company’s President. One of his first order of business as the leader of Amway was to split the company into three subsidiaries. The move worked like a like and the country and its affiliates are now found all over the globe. Today, Dick likes to spend time running his venture, Windquest Inc.

George Soros: A Powerful Billionaire and Philanthropist

George Soros is one of the influential individuals in the world today. He has an immense influence on the political landscape of both the United States and Europe. Through his involvement in the political industry, Soros has become a force to reckon with.

Early life

Soros was born in Budapest, Hungary during the Nazi regime. As the Nazi’s oppression grew, George relocated to London in 1947. He attended the London School of Economics and graduated with a Bachelor of Science in Philosophy and later Master in Philosophy.

After school, he found it hard to secure a job and so he settled for a salesman job. Through his persistence, he landed a job at the Singer & Friedlander in England. After two years, he left and joined F.M Mayer in New York. George established the Soros Fund which later helped him create wealth. Learn more about George at Biography.com

Philanthropy

It is not only his political involvement that has made him an icon; his philanthropy has also been remarkable. George is worth $25.2 billion and is the 23rd richest man in the world. Part of the wealth has been contributed to different organizations. Approximately, Soros has given $12 billion to charity in his lifetime.

Most of his donations have been given to organizations and individuals across the globe to help fight oppression and promote justice and accountability in the government institutions. His main agenda has been to promote equality amongst all the citizens.

Using his wealth, he founded the Open Society Foundations which is a network of foundations. The foundations are present in over 100 countries. The foundation works represent George’s ideology that societies will flourish if they allow democratic governance and respect for individual’s rights.

George Soros began his philanthropy work in 1979 by giving scholarships to South African students pursuing their studies at the University of Cape Town. Soros also established the Central European University which was to provide an environment for critical thinking

He created a foundation in 2016 that is to provide financial support to the companies owned and operated by migrants and refugees. Soros has contributed $500 million so far. Read more on NYTimes.com

Political involvement

George Soros is a liberal, and he supports the Democrats. He has over the years provided financial support to the Democratic political campaigns. In 2016, Soros contributed $25 million towards Hilary’s presidential campaigns and other Democrats vying for different positions.

George Soros is also opposed to the Trump administration and has in different occasions accused him of being is support of ISIS.

Soros also believes that the Trump administration will fail because President Donald Trump ideologies contradict each other.

In Central and Eastern Europe, Soros has provided financial support that has proven to be vital to the success of the Rose Revolution.

Visit: https://www.opensocietyfoundations.org/people/george-soros