George Soros is touted as one of most acclaimed entrepreneur and investor of his time. Soros not only believes in the power of entrepreneurship across economies but also the advantages of accountability and transparency in governments. George Soros reckons that some of the man’s most intractable problems are made worse by the lack of responsibility, bad governance, and violation of fundamental human rights. The world as we know it is a jungle, in which every man is caught up in the struggle of fighting for his survival. Civilizations are supposed to make the world more habitable, but that has not been the case. Few individuals like George Soros have decided to rise above the rest to make the world more livable and communities more cohesive. Learn more about his profile at Forbes.com
Born in 1930, the childhood of George Soros was quite tumultuous. He was caught up in the struggles of the Second World War when they became victims of the Nazi occupation, and his father had to procure false identities for him and his family so that they could survive the war.
As a youth, George Soros moved to the UK where he had to do menial jobs to see himself through the London School of Economics. His time at LSE shaped his ideologies given that he got a rare opportunity to associate Karl Popper, a professor of philosophy. George Soros’ knowledge in the finance sector has enabled him to manage his business empire and as a result, accumulate a lot of fortune. Soros is revered as one of the most successful entrepreneurs of his time. Much of Soros wealth was derived from investments in the hedge funds and currency speculation.
George Soros has not only recorded immeasurable success in the field of finance. The businessman boasts of an impressive portfolio in the area of philanthropy. Through the Open Society Foundations, Soros has been able to impact on the lives of many people who are either marginalized or oppressed across the globe.
According to George Soros, Open Society Foundation was created against the backdrop of establishing a voice for the voiceless and hopes to those who have despaired. In as much the world is unfair and imperfect, George Soros reckons that people can rise against injustices and this will go a long way to making the world a better place. George believes that governments can be open and just, most of the humanity’s problems could have been solved. Read more at Politico about George Soros.
At the height of apartheid in South Africa, George Soros chose to move in sponsor young blacks who could not get access to education because they had been segregated. Over the years, Soros has been able to provide scholarships and education grants to many young people who are marginalized. As an avid supporter of change, Soros hopes that one day the world can be poverty, corruption, and disease free.
Dick DeVos certainly has been known as a giver and many local schools, hospitals and non-profit groups have benefited greatly from his generosity. But he’s always kept the amounts he’s contributed quite private and makes no attempt to put either his net worth or charity in the spotlight, though various media outlets certainly have listed him many times. But just this last month after President Donald Trump chose Dick’s wife Betsy to be Secretary of Education, the DeVos’s decided to make known the great mystery that many have wondered about. It’s now been reported that the DeVos’s have given around $139 million in their lifetime, and only a small percentage of that has gone to political campaigns.
Dick DeVos’s charity is something he learned growing up from his father, Richard DeVos Sr. Richard DeVos Sr. co-founded Amway Corporation and also bought the NBA’s Orlando Magic in 1991. Dick DeVos saw his father give back to the Grand Rapids community as a young man and decided to follow in those footsteps. Dick worked under his father at Amway for most of his early career, and after becoming vice president in 1984 started assuming more executive responsibilities there. Dick became CEO when his father stepped down in 1993 and soon began growing operations overseas and bringing in a large amount of profits. Dick left the company in 2002 to run another company that he and Betsy had founded in 1989, The Windquest Group.
Dick and Betsy’s philanthropy started out with education and private schools in particular. Their mission has been to make private and charter schools affordable for underprivileged children and through the Dick & Betsy DeVos Foundation and several other non-profit groups such as Education Freedom Fund, they helped start scholarships. They’ve also been at the center of education reform legislation efforts including one in the year 2000 to try and establish private school vouchers and tax credits, but were unsuccessful. They did continue to work with charter schools throughout the years and in 2010 they helped start the West Michigan Aviation Academy.
The DeVos’s have also given to several civic organizations including Grand Action Committee, a council of local leaders that helped revitalize the downtown area of Grand Rapids. They’ve also given to children’s hospitals, libraries, and even made a large donation to the Kennedy Center in Washington for their art institute which was promptly renamed the Dick and Betsy DeVos Institute of Arts Management. Dick is also a former political candidate who ran for governor of Michigan in the 2006 gubernatorial race, but he came up short to Jennifer Granholm. The DeVos’s did later help get a right-to-work law passed in 2012 after seeing the success the legislation had in Wisconsin. Dick DeVos also has engaged in fun activities such as the Chicago-Mackinac sailing race.