The Success of George Soros in the Investment and Philanthropic World

Political freedom is an important aspect of the lives of many citizens around the world. Though all countries are independent to date, there are some that still practice neo-colonialism and dictatorship. This is affecting the economic development and stability of these countries due to frequent conflicts. To combat political hostility, some people have invested in strengthening the democratic process and civil society to fight for the rights of the oppressed. George Soros is a renowned philanthropic and a political activist that has contributed over $12 billion to aid in the fight against freedom of expression, social justice, transparency and accountability in government. He focuses on people who are discriminated because of their social, political and religious background. George Soros was born in Hungary in 1930; he experienced the worst form of dictatorship when the Nazi invaded the country and killed over 500,000 Hungarian Jews. He was able to survive through forging a false identity and helped more other people to acquire the fake identity to survive. He was motivated by the suffering his fellow countrymen passed through, and this led him to develop a passion for the charitable acts. Learn more on discoverthenetworks.org about George Soros.

In 1947, George Soros left Hungary and went to London to pursue his university degree at London School of Economics. He did different types of the job including working part-time as a railway porter and a waiter in a nightclub just to raise money for his studies. These are some of the efforts that have propelled him to greater success in the political activism arena. Later in 1956, George Soros migrated to the United States of America and began investing in finance which became his success pillar to date. Due to consistency in success, George Soros launched his hedge fund called Soros Fund Management in 1970. The firm has grown steadily to become one of the most notable hedge funds in the history of United States of America. As such, he has become one of the richest people owing to his investment skills he has portrayed over the years.

He has established Open Society Foundations that is one of the most recognized philanthropic bodies operating in over 100 countries globally. The firm works on the principal of ideology is the final arbiter of truth, and for society to succeed, they need freedom of expression, good governance, and accountability. George Soros started offering a scholarship to black South Africa students during the reign of apartheid. He continued expanding his scholarship programs to other parts of the world and later formed the Central European University after the fall of Berlin wall. His charitable works have been extended to supporting lawyer and paralegals in fighting for the rights of detainees without trial and fight for an equal judicial system for all.

Read more: http://www.cnbc.com/george-soros/

Education, Faith, And The Arts Rise To The Top Of The Philanthropic Work Of Dick DeVos

A large number of us know the name Dick DeVos because of the many years he spent as the leader of the AmWay Group and because of the short, but successful period of time the Grand Rapids, Michigan resident spent as the President and CEO of the NBA’s Orlando Magic franchise. However, I have been impressed over recent years by the work of Dick himself and the Dick and Betsy DeVos Foundation in providing funding and support for various philanthropic causes and charitable groups; for myself, I was most impressed by the revelation that Dick and Betsy DeVos have provided charitable donations reaching over $139 million in the course of their lifetimes.

 

Just how does Dick DeVos divide his charitable giving over the course of a year; let’s begin with education, an area I feel I am not alone in already understanding Dick and Betsy DeVos have played a key role for a number of decades. In 2013 alone, Dick DeVos and his foundation provided over $3 million in support for education reform programs, and continued to back a number of groups supporting education reform across the nation. Education reform has always been a major part of the philanthropy of Dick and Betsy DeVos, but I was happy to read Dick has now looked to include his own children in the philanthropy the DeVos family continues to undertake that has led to a more diverse range of programs being backed by the Dick and Betsy DeVos Family Foundation. One area I believe is close to the heart of Dick DeVos is his financial backing of the Willow Creek faith based religious charity the Northwood University graduate believes can play a key role in returning the U.S. to traditional values and promoting various leadership qualities among the people of the nation.

 

There are many aspects of the philanthropic work of Dick DeVos to admire, and I believe their are too many to list here, but an area of financial support I believe may be smaller than other contributions but remains just as important to the family as a whole. The Helen DeVos Children’s Hospital has been a major success in providing care for those children who are suffering with certain forms of cancer attending the hospital; Dick himself has provided a major level of financial support for the hospital in making sure top physicians and researchers are always employed on a full time basis to raise the success rate in battling some forms of brain cancers in children.