A Review Of George Soros’ Roots, Agendas And Philanthropic Activities

George Soros is a New York hedge fund billionaire who is considered to be one of the most successful and powerful investors in the world. His star started shining in early 1990s when he made a fortune of over $1 billion during the Black Wednesday. He made a short sale of US$10 billion worth of Pound Sterling. George Soros is a traditional supporter of American Progressive and American Liberal political causes. Soros has donated millions of dollars through his Open Society Foundation. With an immense influence, George Soros has played a major role in helping to reshape political landscapes of different countries across the world by toppling regimes that ruled for years. Today, Soros has the most profound influence on the American politics and culture. The business magnate was born in Budapest to an upper-middle class Hungarian Jew family who were uncomfortable with their roots. Due to the Nazi reign, his family was forced to change their Jewish name, Schwartz to Soros, and purchase Christian identity documents to avoid deportation on Investopedia. George’s father went ahead to pay government officials to conceal their Jewish heritage and bribed gentile families to shelter them in their homes. They flew to England in 1947 where Soros enrolled in the London School of Economics. He developed interest for the works done by philosopher Karl Popper. While in England, George worked as a porter and a waiter. After graduating, George Soros started selling fancy products in souvenir shops and seaside.

He secured his first job at a merchant bank, Singer and Friedlander, in 1954 where he initially worked as a clerk before moving to the arbitrage department. Later, he joined F.M. Mayer, a brokerage firm, where focused on European stocks. These shares were becoming popular with investors in the United States following the formation of the Coal and Steel Community that later became the Common Market. George Soros worked for Wertheim and Co as an analyst of European securities. He also served as the vice president of Arnhold and S. Bleichroeder. He established Double Eagle Fund in 1969. Four years later, the company had $12 million and they received returns of their shares each year. He formed Soros Fund Management, which he renamed to Quantum Fund. By 2013, the fund had made unprecedented $5.5 billion. He formed Open Society Foundation (OSF) in 1979. Through the corporation, he commits capital to American Groups and causes and other nations across the world. OSF supports freedom, democracy, human rights, rule of law as well as social justice, universal idea and social responsibilities. Today, OSF operates in more than 70 countries around the world. This information was originally published on Discover the Networks as outlined on discoverthenetworks.org.

George Soros has a net worth of $25.2 billion. Today, George Soros is best known for his philanthropy considering that since 1979, he has committed over $8 billion to education groups, public health and human rights. The renowned hedge fund investor pledged $100 million to Human Rights Watch in 2010 and has given $150 million to Roma Rights. Presently, he is working with Silver Lake, a private equity firm in an effort to invest in clean energy. This information was originally mentioned on Forbes.

Dick DeVos Believes In The Power Of Philanthropy

Dick DeVos is an entrepreneur, former political candidate, activist, and father who has given much of his time to build a better community in Grand Rapids. His wife Betsy has spent her life fighting for grassroots political causes and education reform, at one time serving as chair of the Michigan Republican Party. Together, they started the Dick & Betsy DeVos Foundation, an organization whose mission is make a difference in the local education, healthcare, arts, and environmental industries. According to Philanthropy Roundtable, Betsy attributes much of her and Dick’s work to their having raised children in good private schools, and wanting lower income families to have the same opportunities. She went on to cite states like Florida as being examples of what grassroots education can look like when it’s given the chance to succeed.


The Dick & Betsy DeVos Foundation was established back in 1993, but even before then Dick DeVos was hard at work laying the foundation for his career. He started at Amway Corporation, a company started by his father Rich DeVos that became a highly successful direct selling giant. He specialized in various managerial roles for about 10 years, until he became an executive vice president. He became CEO in 1993, during which time he helped Amway gain traction in many foreign markets, and grew their profits in the billions by the time he stepped down. He left Amway in 2002, and started up the Windquest Group with his wife Betsy.


While running the Windquest Group, the DeVos’s have become active in many non-profit groups, and most of them are dedicated to education and politically conservative think tanks. The DeVos’s have both funded and helped start up private and charter schools in Grand Rapids, including Potters House and the West Michigan Aviation Academy. They have also given to local museums and children’s hospitals, and won honors such as Spectrum Health’s Art of Giving Award.


Dick DeVos has helped donate to many Republican political candidates and has close ties to former President Gerald Ford’s family. At one time he jumped into the Michigan Governor’s race in 2006, hoping to beat incumbent Jennifer Granholm. He was not able to do so, but he continued the dedication to conservative principles and efforts to get conservative laws passed in Michigan. In 2012, he succeeded in getting right-to-work legislation passed. He’s also supported conservative organizations such as Heritage Foundation and Hudson Institute.


Dick DeVos – Gifted CEO, Entrepreneur, Politician

Richard (Dick) Marvin DeVos, Jr., of Grand Rapids, Michigan, was born on October 21, 1955. His father, Richard M. DeVos, Sr., (03/04/1926) is the co-founder and former
CEO of Amway, a consumer goods distributor.

Dick DeVos, Jr. earned his Business Administration Bachelor’s Degree at Northwood University. He attended Harvard Business School too but did not graduate. He also attended Executive Study programs at Wharton School. Mr. DeVos began working with Amway in 1974. He worked in several divisions of the company, in various positions –
R & D, marketing, sales, manufacturing and other departments.

Dick became the Amway vice-president in 1984, which gave him the obligation to oversee the operation’s spread over 18 nations. He also proved his ability to lead Amway by leading them into many new, lucrative markets. Their International sales rose to top the company’s domestic revenue the first time since Amway’s beginning. It is noted that when Dick became Amway’s International Operations VP, in 1986, sales beyond the US totaled approximately 5% of overall market sales. When he left the VP position, after six years, that 5% had developed sales outside of the US into 50% of market sales.

Dick DeVos next found himself at the hoops a lot, with Orlando Magic Basketball team. His family had bought the National Basketball Association’s Orlando Magic Basketball Franchise in 1991, and Dick DeVos was named the team’s CEO and President.

Mr. Devos left Orlando Magic the first of 1993 to return to Amway and succeed his father, Rich Devos, then current President, CEO, and co-founder of Amway. Under Dick DeVos’ leadership, the firm’s performance flourished and Amway operations extended into over 50 territories and countries, spanning six of the world’s seven continents.
Dick DeVos and his brother, Doug DeVos, are credited with helping their company go global and reaching the industry-setting results they achieved.

In the year 2000, Dick DeVos decided Amway should be reorganized and a new parent company, Alticor, was created. In 2002, Mr. DeVos, Jr. retired from Alticor and joined the Windquest Group, a private investment management firm.

Mr. Richard M. DeVos is also into politics. He vied for the position of Governor of Michigan in 2012 but was defeated by the then current democratic Governor. Mr. DeVos works to help with Educational needs and is also a great believer in the Right To Work Law – not just in Michigan, but country wide.