Decades Later and George Soros Fights On

The biography of George Soros brings out a man who has come face to face with a real struggle. Born in Hungary, the 87-year-old lived at a time when the Nazis occupied Budapest. He saw the struggles his father went through trying to save the entire family. They would later escape to London where George Soros put himself through the London School of Economics while working as a railway porter and a waiter. When he finished his college education, George started working in the finance department of a merchant Bank. Later on, he relocated to New York, began working on Wall Street and in 1969, he formed a hedge fund worth $12 million which was later rebranded to Quantum Fund. Several decades later, George Soros is still a heavyweight investor through the Soros Fund Management, and his family office has assets worth more than $30 billion. This year, Soros appointed one of the most prominent women in Wall Street, Dawn Fitzpatrick, to serve as the CIO of SFM. Dawn comes in as the 7th chief investment officer of SFM since 2000. George’s real time net worth is $25.2 billion, according to Forbes.

Irrespective of his age, the fierce critic of the US president Donald J. Trump is still on the forefront of the ideological struggles that characterize the world’s politics. He began this struggle a long time ago and even founded the Open Society Foundation in 1984. Among the earliest initiatives of the foundation was to supply copy machines to the Universities, civil society groups and libraries in his native (at the time a Soviet-dominated Hungary) to help them reprint banned publications. When the Berlin Wall fell, George Soros extended his advisory services to help them enjoy a smooth transition to free markets and democracy. His foundation collaborated with the local politicians and the dissidents – the majority of which played significant roles in the key events during the histories of their countries. Read more on NYTimes.com.

Today, George Soros funds the activities of the Democratic Party, and several causes such as Black Lives Matters. George Soros showed open opposition to the Donald Trump’s presidency and even funded Hillary Clinton’s campaigns last year. He uses the various networks of Open Society Foundations (located in over 100 countries) to push for his agendas that touch on justice and social concerns. While he is seen as a hero on one side, the world dictators do not tend to express anything positive thing about George Soros. Nevertheless, he is never cowed by such sentiments. In September 2016, George Soros gave out $500 million to help in financing the businesses established and managed by migrants, the refugees, and the host communities, according to Politico. George believes in a world where the political leaders allow democracy to prevail, and governments are accountable to their citizens.

Read more: https://www.project-syndicate.org/columnist/george-soros

Dick DeVos, The Best Global Philanthropist

When the name Dick DeVos comes to a mention, what comes to mind is his generosity especially to humanity. Dick DeVos is a person who gained control of his father’s wealthy estate, under his command, with him being his eldest son. In his many years of service, Dick has been very instrumental in the success of Amway Corporation, his father’s brainchild that deals with sales and marketing through networking. Before his corporate success, DeVos had to pursue his education in Bachelor of Business Administration in business, something that allowed him to gain the knowledge needed to lead a company.

 

After getting educated, he was fortunate enough to work for some companies and in different capacities, titles he holds even to date. Posts he serves include being a member of the board of directors for Michigan Chamber of Commerce, the vice chairman of Willow Creek Association, Co-Chairman of Grand Action Committee, the founder, and chairman of West Michigan Aviation Academy and the president of the Windquest Group.

 

Apart from being professional, DeVos has been deeply involved in philanthropy work, mainly because he is irritated by the plight of underprivileged members of society. To this end, Dick has felt compelled to help poor people make something out of their lives. For DeVos to reach a place of personal fulfillment, he has devised a way that will not only help an underprivileged person at present but also in future. He believes that education if the key to success, and it is for this reason that Dick DeVos has offered financial assistance to institutions that provide technical training to students in America.

 

Besides, DeVos has used religious institutions to nurture and develop young leaders, people who uphold integrity. Also, he has supported churches financially so as to see to it that young minds get the best training there is for leadership. It is his belief that the future America will only be successful if only it nurtures its young leaders to be responsible in any task that they are given to handle.

 

Despite DeVos being too much involved in matters affecting the poor in society, he has also had a hand in politics. By the help of his wealthy family background, he has been able to shape the political landscape of the United States of America, by providing his most preferred political leaders with financial donations.

 

Due to his level of influence and competence in America, he works as the Cabinet Secretary for Education of the United States of America, a post that he holds to date. He is also a great family man who has trained his children to follow in his footsteps. Presently, all the donations that DeVos and his extended family have given to society amount to more than a hundred and thirty-nine million dollars, a value that is prone to increase in future.

 

An Appraisal of Betsy DeVos’ Philanthropy Work

Newly-appointed US Education Secretary Betsy DeVos is a woman of many firsts. Betsy has been in the limelight for virtually all her life. She was born in a famous family, and is married to an equally famous billionaire family. As a public figure, many expected her to carve in to public pressure. Nonetheless, she has maintained a brave face in her education access advocacy, philanthropy, and other public engagements.

Betsy’s Charity Initiatives

The DeVos family is renowned for its philanthropy work, which goes back decades. The family has made a name for itself by being one of the most prolific and influential conservative funders. Millions have been channeled to legal groups, think tanks, leadership institutes, and other organizations. Besides this, Betsy and her family have bequeathed millions of dollars through the Dick and Betsy DeVos Family foundation, which she co-chairs with her husband. The foundation was established in 1989.

Read more: http://www.npr.org/sections/ed/2017/01/31/512507538/under-devos-heres-how-school-choice-might-work

Betsy’s charitable giving largely reflects her Christian beliefs and conservative political ideas. She has particularly been a strong champion of education access equality. Under her guidance, the foundation donated 15 million dollars in 2015 alone. Through her resilient efforts, the DeVos family has become an epitome of generosity. This has seen the family ranked among the Top 50 Givers by Forbes Magazine.

Betsy believes that her family’s dedication to charity is guided by the success that it has achieved in business. Its strong Christian beliefs have also been a source of inspiration. She hopes that in future, the tentacles of the DeVos family foundation will spread to thousands of non-profit organizations across the globe. The arts and culture, community building, education, and healthcare are its topmost priorities.

Betsy’s Role at the Family Foundation

Betsy and her husband founded the foundation based on the strong beliefs that were instilled in them since childhood. Through it, they seek to serve local communities, and to support programs and organizations that help uplift the livelihoods of community members. The couple has been dedicated to empowering organizations and increasing their capacity to attain their objectives. Throughout her adult life, Betsy DeVos has been dedicated to the cultivation of leadership, accelerating social and economic transformation, and leveraging support to different causes.

Betsy’s Personal Background

The Michigan native of Dutch ancestry has had a chequered career in business, politics, and philanthropy. Her father Edgar Prince, founded Prince Corporation, which is one of the largest automobile parts distributors in the world. Betsy attended Holland Christian High School, and Calvin College. She graduated from the latter with a BA in political science and business administration. Her political involvement began during her stint in college where she distinguished herself as an astute debater and staunch human rights defender. Betsy supports the Republican Party and actively takes part in its fundraising activities alongside her husband.

Getting to Know Dick DeVos

Dick Devos is a renowned figure in the United States of America. He is known for his prowess in business and entrepreneurship as well as philanthropy. In matters of philanthropy, he acts as the president of a charity organization called the Dick and Betsy DeVos Family Foundation. This is a family foundation that he established with the help of his wife, Betsy. That was back in the year 1989. Since then, this charity organization has been involved in the donation of thousands of dollars to various beneficiaries such as artistic organizations, religious institutions, and even education institutions. Some of the most notable beneficiaries of this organization include the Potter House. The Potter House is a private school in the state of Michigan and takes care of students from low-income families.

 

Another beneficiary of this foundation is the Mars Hill Bible Church found in Grand Rapids, Michigan. Other institutions include the Helen Devos Children’s Hospital and the Education Freedom Fund. This is a fund that Dick Devos co-chairs with his wife, Betsy. On a personal level, rich Dick has been involved in the funding of scholarships, art competitions, and has even given money to universities of his choice in Michigan and across the United States.

 

One of the thing that Dick Devos stands for is the right to work laws. This is where employees choose to work without being forced to be part of any union. With these views, he has received a lot of opposition from the unions themselves. He even donated $1.75 million of his money to see that the right to work laws has been passed in the state of Michigan. This is one of his major success in the public domain as the then governor of Michigan, Rick Snyder, passed the law banning the mandatory legislation of workers in the state.

 

Dick Devos is the son of Richard Devos, the 88th richest person in the United States with an estimated wealth of $5. 1 billion. Dick ran for the 2006 governor chair with the Republican ticket but was defeated by Jennifer Granholm. He has always been involved with the family business since he was a small boy. He officially joined the Amway Corporation in the year 1974 shortly after graduating from college. He worked in several positions with this company including vice president and CEO when his father vacated the position. During his time here, the company experienced remarkable success generating more revenue than before.