George Soros Funds Hillary Clinton’s Campaigns

George Soros is a renowned billionaire. According to Forbes, the entrepreneur is worth $25.2 billion. He has generated his wealth through his vast investment company, Soros Fund Management, which boasts of an asset base of $30 billion. Soros Fund Management is led by revered industry experts, including Dawn Fitzpatrick, a Wall Street professional, who serves as the chief investment officer. George was born in Hungary. Later, he fled to England where he enrolled in the London School of Economics. While studying at the renowned institution, Soros worked as a waiter and railway porter to supplement his income. Later, Soros moved to New York to start working on Wall Street. He gained adequate experience and saved enough funds to start his own hedge fund, Quantum Fund, in 1969. In 1992, he gained fame when he made a fortune after betting against the British Pound. This rare success earned him the title, “The man who broke the Bank of England.” This information was originally published on Forbes as highlighted in the following link https://www.forbes.com/profile/george-soros/

George Soros’ dominance in the investment field and the wealth that he has acquired over the years has given him power to speak on different topics without fear. He is a vocal supporter of liberal causes and is known for his fierce criticism against President Donald Trump. George Soros is a traditional advocate for issues like religious tolerance, immigration reform, and criminal justice reform, which he believes Donald Trump does not stand for. At one point, he accused Trump for “doing the work of ISIS.” In the 2016 elections, George donated huge resources towards Hillary Clinton’s campaigns. In 2004, the billionaire investor used $27 million to ensure that President George W. Bush is defeated in the elections. In 2016, he emerged as the top donor for Democratic causes where he committed over $25 million in support of Hillary Clinton and other Democrats. His willingness to support Hillary was fueled by his close relationship with her, considering that they have been friends for over two decades. Know more on investopedia.com about George Soros.

George channeled his wealth to different causes such as USA Action, a super PAC supporting Hillary Clinton, American Bridge 21st Century, an opposition research super PAC, and the Voting Rights Trust, a non-profit organization that works to oppose conservative efforts to undermine voting. George Soros’ huge donations motivated other elite liberal donors to stroke big checks. Some of them were Tom Steyer, a San Francisco environmentalist, who gave $31 million, New York-based entrepreneur, Don Sussman, donated $13.2 million, and two media moguls, Red Eychaner and Haim Saban, contributed $11.1 million each. The mobilization of the left’s richest benefactors helped Hillary’s campaign to build a massive financial base for campaign. Soros had planned to attend his first-ever Democratic convention to witness Clinton accept the Democratic presidential nomination, but failed due to trading commitments in Europe. This information was originally mentioned on Politico as outlined in this link http://www.politico.com/story/2016/07/george-soros-democratic-convention-226267

How Dick DeVos Gives His Fortune Away

Dick DeVos recently outlined just how much charitable giving he and his wife, Betsy, have performed over the years. He revealed that it’s almost $139 million that they have given away over their adult life spans and which has gone to a variety of causes. The types of charities they provide money includes education, the arts, leadership building, churches, and community building. In just 2015 their foundation, the Dick and Betsy DeVos Family Foundation, gave $11.6 million away to various charities.

Included what they gave away in 2015 is $3 million that was given to educational nonprofits. They also gave another $357,000 that was specifically given to organizations that support educational reform. The educational institutions they donated to in 2015 includes $100,000 for Ferris State University, $301,000 to Potter’s House School, $200,000 to Northwood University, and $50,000 to Rehoboth Christian School among other places.

Arts and culture were another area that Dick DeVos donated a lot of money to in 2015, with a total given away of $2.4 million. Some of this money went to the DeVos Institute of Arts Management which is based at the University of Maryland. This institute builds the business leaders of tomorrow who will head art institutions across the nation. The other areas they donated money to included $1.8 million for community development groups, $1.5 million for leadership programs, $618,000 for Health & Human Services, and $488,250 was given to different churches.

Dick DeVos is the son of one of the co-founders of Amway, Richard DeVos. He first started working at Amway in 1974 and eventually worked his way up to the Vice President level where he was tasked with the company’s international sales efforts. He was very successful doing this, increasing the company’s presence in a large number of different countries and boosting foreign sales to exceeding the domestic ones, which was the first time that happened in the company’s history. He also served as Amway’s Chief Executive Officer from 1993 to 2002.

As an entrepreneur, Dick DeVos co-founded his own company along with his wife, Betsy. They co-founded The Windquest Group which is an investment company that specializes in manufacturing and technology. One of the technologies they backed was “The Green Machine” which takes the excess heat created during the manufacturing process and turns it into a useable source of energy. He has also managed the Orlando Magic basketball team which had been purchased by his family.

Dick DeVos’ marriage to Betsy has resulted in four children; Elissa, Andrea, Rick, and Ryan. He has involved his children in the Dick and Betsy DeVos Family Foundation and uses their help to determine what causes money should be given away to.