Category Archives: Charitable Leaders

George Soros Builds An Empire Of Influence

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George Soros is a New York hedge fund manager and one of the most influentially powerful individuals in the world of politics. He has used his influence since the 1980s to help change the landscapes of politics in numerous countries throughout the world. Soros has definitely affected American politics and culture.

He is the owner of a $13 billion personal fortune that he uses to drive his influence. His fortune is increased by the $25 billion in investor assets that are controlled by Soros Fund Management, George Soros’ firm on Politico. He views himself as a sort of missionary that is meant to change the world, and he will use his fortunate to help him do it.

George Soros was born in Budapest in 1930. His father was an attorney and the family were non-practicing Jews. When Nazis came to occupy Budapest in 1944, Soros’ father split the family up, creating fake identities and papers for each member of the family and pay off officials. He placed each family member in different households.

After the war in 1947, George and his family moved from Hungary to England, where he would attend the London School of Economics. It was there that he would gather most of his philosophical and political views, under the influence of his mentor Karl Popper. After graduating in 1952, George Soros took work with Singer and Friedlander, a London brokerage firm. Becoming proficient in international arbitrage, he relocated to New York to become a trader on Wall Street.

At first, Soros planned on saving $500,000 and returning to Europe. Plans quickly changed with his success and he found himself working at Arnhold and S. Bleichroeder as a portfolio manager on Forbes. George Soros officially became a U.S. citizen in 1961. It was soon after that he became involved in American politics, writing a book about his “war on poverty”, The Other America.

In 1979, George Soros began dabbling in philanthropy; wanting to use his money to influence his philosophical convictions. Soros began founding Open Society Foundations to help create tolerant democracies that were held accountable by their citizens. Within a few years, George Soros’ philanthropic spending went from $3 million per year to over $300 million per year. His foundations are now active in over 70 countries all over the world.

George Soros has long been a supporter of human rights, backing organizations like the ACLU and HRW. His foundation has given the ACLU as much as $8 million within ten years in grants. Within eight years, Soros’ Open Society Foundation donated $6 million to the Human Rights Watch, with a promise of $100 million more. According to Discover The Networks, his foundation’s total value today is at almost $2 billion. His foundation hopes to address political and social injustices all over the world.

Sanjay Ray and His Work With Autism Rocks

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Sanjay Ray is a businessman and entrepreneur who knows his business and knows it well. He is a man with many successful entrepreneurial ventures to his credit, but most recently he has committed himself to pursuing a passion project called Autism Rocks. The charitable foundation, which raises funds for autism research by producing major rock and roll music events, was started when Sanjay Ray’s young son was diagnosed with the condition. He transformed his concern over his son and the challenges he faces into the inspiration for starting a company that could offer help where it is truly needed. Thus Autism Rocks was born.

Ray discussed all of this as well as his background as an entrepreneur in a recent interview on the Entrepreneurial Podcast Network’s Enterprise Radio Show, hosted by Eric Dye. In a wide ranging talk, Ray stressed the importance for those starting out in business to know that they must be realistic about how much money they will need to raise in order to really make a go of it. It’s easy to be stuck in an underfunded situation, he said, when the reality is that starting a business costs money.

Another point he stressed is that it’s impossible to do all the work by yourself. That’s why putting together a sound group of talented workers is really key to a successful launch and follow through in a business startup.

Ray put all of these key concepts to work when he launched Autism Rocks, and the result of his passion for the charity is in its success in raising funds. As far as Ray is concerned, passion is critical in any venture. Now, with Autism Rocks, he can see how his love for his son is translating into a company that is making a real difference.

Homeless Man Who Passed Out Resumes Lands A Job

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A California homeless man whose story went viral because he was passing out resumes instead of asking for money has found a job.

Dan Newlin saw the man, named Frederick Callison, at a Sacramento grocery store in late February and posted his resume on Facebook.

“His sign said ‘Need work, and hungry’ not just that but he had MULTIPLE resumes printed out and enveloped, “ Newlin wrote on his Facebook page.

That post got more than 1,000 shares and the attention of some high-profile media outlets.

And through Newlin’s connections, Callison got a job at a restaurant called Pizza Rocks.

Callison initially moved to the area to take a job as a line cook at the local Salvation Army, but the job fell through, leaving him on the streets.

He won’t have to worry about having a roof over his head anymore.

The restaurant has provided him clothes to wear, as well as a temporary place to live while he gets on his feet.

Newlin said he was “grateful for the opportunity.”

“He was up the night before studying the menu for hours,” Newlin said.

Recap of George Soros Comments on Recent News Events

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Russia has banned two foundations operated by billionaire financier George Soros from operating in the country. In an official press release, as reported on Fortune, the government found that the foundations were operating against the foundations of the Russian Federation’s constitutional system and posed dangers to the security of the state.
The Russian government is so interested in destroying Soros’ message in Russia that many reports indicate that his books are being pulled from northern Russian college libraries and burned or shredded. The Russian government, however, denies that this is occurring.
George Soros has been prolific writing about the 2008 market crash. He is the author of two books on the market crash. Those books are The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means. In this book, Soros explains that the 2008 crash was the worse one since 1930. He is also the author of The Crash of 2008 and What it Means where he explains that the world now has a global market where everything is interdependent.
Meanwhile, in statements in Sri Lanka, Soros says that he believes the current economic situation could be as bad as the market crash of 2008. As reported on Bloomberg, Soros says that the major problem stems from China’s move to a consumption and services market and away from an investment and manufacturing market.
In order to try to cope with the problems in China, authorities with the People’s Bank of China dropped interest rates to record lows. The government has also pumped billions of dollars into the economy. Despite these efforts, manufacturing remains sluggish in China.
He also says that the recent Greece-born European money crisis was worse than 2008. He believes that Chancellor Merkel holds the keys to keeping the European Union together, although he feels that there is a 50 percent chance that the union will collapse because of the Syrian refugee problem.
The market seems to agree with Soros’ gloomy predictions. The Chicago Board Options Exchange Volatility Index that traders use to measure fear in the market has risen sharply since January 1. The Nikkei Stock Average Volatility Index used to measure volatility in Japanese stocks has risen even more sharply. Even the Merrill Lynch Index of United States Treasury bills has risen since the beginning of the year.

Kennedy Center Expansion Attracts Many Generous Benefactors

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The Kennedy Center for the Performing Arts has recently been looking for contributions to its funds in a bid to aid the construction of a series of expansions and programming options. I have been impressed by the many large contributions made to the fund that has seen the initial target of $125 million surpassed, and has now seen the target extended by another $50 million. The fund looking for around $125 million in donations has been aided by a major contribution of a reported $1 million by the Dick and Betsy DeVos Family Foundation.

Dick DeVos may now be better known for his work as a philanthropist than for his business activities, which began with his first steps taken in the Amway business in 1984 that had been begun by his father. DeVos tripled international sales in a speedy way and led the company to even more major successes before leaving to start his own business. Working with his wife Betsy, Dick has been a major philanthropic supporter of many areas of the arts, religious groups and educational programs through the Michigan based Dick and Betsy DeVos Family Foundation. The owner of the Orlando Magic had already made a major donation to the Kennedy Center for the Performing Arts totaling around $22.5 million in 2010 before making his latest donation to aid the arts based foundation.

The Dick and Betsy DeVos Family Foundation is one of many charitable groups who have made major contributions to the expansion plans for The Kennedy Center that includes the development of three new pavilions and a walkway.