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Posted by Geeker on

Betsy DeVos Is The Definition Of A True Philanthropist

Betsy DeVos is one of the most respected women in the American business and philanthropy space. Betsy was born in 1958 to billionaire industrialist Edgar and his wife, Elsa. She went through the prestigious Holland Christian High School. She is an alumnus of Calvin College where she got her undergraduate degree in business administration and political science. Betsy is married to Dick DeVos, and together, they run charities that seek to enable the marginalized and disadvantaged get an equal opportunity at life.

President Donald Trump recognized the influence of Betsy and nominated her as the Secretary of Education. This nomination is large because Betsy has been at the forefront of championing access to wholesome education. Betsy began her career in politics about three decades ago. In 1982 she had the opportunity of serving as a local delegate to the Republican Party. She represented her home state, Michigan. This position propelled her into the Michigan National Committee from 1992 to 1997. She also served thrice as Chairwoman of the Michigan Republican Party.

With her new role as the Education Secretary, details of her involvement in philanthropy have come to the fore. Betsy together with her husband Dick DeVos are extensively involved in philanthropies across the United States. Over their lifetime, they have cumulatively been able to give out millions of dollars to institutions that seek to provide a conducive, academic environment to the children from disadvantaged backgrounds. Read more about their foundation at dbdvfoundation.org.

The family played a critical role in the establishment of the West Michigan Aviation College, one of the best aviation colleges in its right in Michigan. The institution is housed at the Gerald R. Ford International Airport.

Speaking to Philanthropy Roundtable, Betsy DeVos notes that it is the sight of parents struggling to put their kids through school that triggered her involvement in philanthropies that seek to provide holistic education to students from disadvantaged families.

Betsy DeVos juggles her time between charitable works such as the Potter’s House and Aviation College, and running programs and forums that advocate for the education of choice. Part of her time is also spent in lobbying for resources that run the charities. She is motivated by being the source of holistic solutions in the education sector.

Betsy is always keen on how she engages with advocates of public policies in the education sector. A lot goes into the allocation of personnel, resources and time in the industry.

Education is the power couples’ most important area in their philanthropy works. In the year 2015, the family spent over $3 million from their pockets to fund educational programs. This a 26 percent of what they spent in charities for that year. Speaking to MLive, Dick, Betsy’s husband said that she doesn’t believe that the current education system addresses inequalities between students from marginalized regions. Read her interview with Philanthropy Table.

Posted by Geeker on

The Remarkable Life of George Soros

George Soros universally known as the man who broke the Bank of England is a Hungarian-Amercian business magnate and philanthropist. With a net worth of twenty-five billion U.S dollars, he is considered to be one of the most triumphant investors in the world. George career highlight was in the year 1992 when he risked nearly ten billion U.S dollars on a currency speculation making a profit of one billion in the same day. George is the Chief Executive Officer of Quantum Fund, the chairman of Soros Fund Management and the Open Society Foundations.

Learn more: http://www.biography.com/people/george-soros-20926527

According to Forbes, George is considered to be the fourteen richest people in the world with a real-time net worth of 25.2 billion U.S dollars. In a recent article by Forbes, George Soros sounded an alarm in regards to the United Kingdom decision to leave the European Union. He warned the voters that should they vote to end ties with the union, trillions in equity market value would be shed globally. True to his word, the British pound fell leading to the plunging of Europe banking shares. Soro’s wealth can be traced to Soros Fund Management where George Soros had shares worth seven million, he also held a nineteen million stake in Barrick Gold that has a real time network of four hundred million U.s dollars. George has a one million share put option against Russel 2000 index ETF, a two million share put option against the s&p 500 index ETF and one hundred and twenty-five million U.S dollars in his one million share position at SPDR Gold Trust.

Billionaire investor Soros has been active in the political scene. According to Politico, George spends millions of dollars supporting Democratic candidates and liberal causes. He strives to boost democracy while rooting out corruption. Soro’s efforts can be seen in Macedonia, a socialist republic full of corruption cases. Soros organization have pushed reforms allowing the Prime Minister to gain complete control over judiciary power. George Soros vision of an open society has seen him support Hillary Clinton committing over twenty-five million U.S dollars in her campaign. Read this story about George at Politico.com.

Well into his eighties, George Soros can be considered as a philanthropist. He has made significant contributions worth more than eight billion to a worldwide network of foundations. He has been a key in the transformation of former Soviet bloc countries into democracies. His visionary efforts have seen him fight resistant strains of TB in Russia’s jails and Lesotho’s mountains. He has also supported democratic resistance in Burma, building of communities in Haiti’s slum and helping of Sarajevo’s people during their Bosnian War that went for three years. Through his company, new methods of fighting poverty and drug addiction in Baltimore, New Orland and other U.S states have been applied reforming dysfunctional justice systems.

Follow George Soros on Twitter.