George Soros is the right’s most formidable political opponent

George Soros has become famous the world over as one of the greatest investors in history. After starting his own hedge fund in 1972, George Soros has gone on to rack up 25 percent returns per annum over a period of greater than 45 years. This has placed him on the list of the richest people in the entire world, with his net worth recently estimated at more than $25 billion. Throughout his career, Soros has been a true investor, making almost the entirety of his personal fortune from his own adroit investments in the stock market. This remarkable feat has quite possibly not been replicated by anyone else alive today, making Soros one of the undisputed greatest investors in the history of the stock market. Read more on NYTimes.com

But all of this winning is not unique merely to Soros’ monetary pursuits. Throughout his life, Georeg Soros has always been an extremely competitive individual, getting outstanding grades in high school as well as in college. He has always had a deep fascination with the study of philosophy, leading a life, in practice, which is a case study in how a man can live according to his own principles. Soros has always put his own personal worldview before all other considerations, particularly the acquisition of personal wealth.

Read more: http://www.investopedia.com/university/greatest/georgesoros.asp

In fact, when Soros was first started out, after having graduated from the London School of Economics, his only goal in life was to earn and save approximately a half a million dollars in today’s money, in order to completely dedicate the rest of his life to the study of philosophy and the elaboration of his own philosophical treatises. Needless to say, this is a highly unusual course for somebody to take who ultimately ended up being one of the most successful businessmen in the recent history of the world. The vast majority of Soros’ plutocratic peers knew from a very young age that the one and only passion they had in life was the acquisition of personal wealth. For Soros, it was precisely the opposite.

It was only slowly, after taking the helm of his own hedge fund, that Soros begin to realize the immense good that could come from the acquisition of phenomenal amounts of wealth. Soros began to view the acquisition of wealth not as a primary goal but as a way in which he could then use that wealth to affect change throughout the United States and the rest of the world. Read more at Politico about George Soros.

Soros had long made a very close study of philosophy, particularly the works of his old philosophy professor, Karl Popper. Reading Popper’s seminal work for the first time, ‘The Open Society and Its Enemies’, was a landmark intellectual event in Soros is life. Soros was so moved by this work that he ultimately named his main philanthropic organization for it, The Open Society Foundations.

Setting the Facts Straight – The DeVos Open Up about their Philanthropic Initiatives

Generous Donors

The spotlight on the DeVos’ charitable characteristic has always focused on their political donations. However, the recent report reveals that their political donations do not compare to their other philanthropic initiatives. The couple has given about $5.3 million in campaign donations over the past five years. Compared to the $139 million donated to charities throughout their lifetimes, their political donations do not even scratch the extent of their philanthropic work.

The DeVos are very vocal about the deteriorating state of education in the U.S. Consequently, most of their donations have been directed to the education sector. For instance, about 26% (about $3 million) of the $11.6 million they donated in 2015 went to education organizations and charities. Additionally, 3% (about $357,000) of this money was donated to organizations that advocate for education reforms. However, the DeVos also contributed towards other causes including health, art, nutrition, and religion, among others.

The extent of the DeVos philanthropic initiatives is even more astounding when the whole DeVos family comes into the picture. Dick DeVos’ father, Rich DeVos, is also known to be a generous donor to political as well as charitable causes; together with his four children, Rich DeVos donated about $104 million to several charities in 2015. To date, the family has donated about $1.33 billion to charities all over the world, about a quarter of its $5.2 billion fortune. Read more about their foundation at dbdvfoundation.org.

The DeVos have always stirred controversy for their philanthropy initiatives, and 2017 brought this controversy to its peak after Betsy DeVos was nominated and subsequently appointed as the Secretary of Education. Critics lambasted them for their generous donations to the Republican Party. In response, the couple revealed the real extent of their non-political philanthropic initiatives, which total to about $139 million over their lifetimes.

Why Now?

Critics of the DeVos are asking why the couple chose to release the report on their philanthropic initiatives when they did. To them, this move was more of a distraction from the couple’s questionable political donations.

Critics also questioned the goal of the couple’s non-political donations. In particular, they accused the DeVos of trying to profit from the education system that they vehemently advocate. According to the DeVos, charter schools provide quality education and eliminate the shortcomings of the one-size-fits-all education program in public schools. Their critics, on the other hand, argue that charter schools are conduits for siphoning tax dollars from public schools

A Brief Insight into Dick DeVos’ Life

Dick DeVos is described as a loving husband and father of four children. He is also distinguished as the eldest son of billionaire Richard DeVos, and one of the most vocal in the family. Dick DeVos is very active in politics, and particularly right-wing politics; he is yet to hold political office, but he vied for the State of Michigan’s governorship in 2006. In addition to politics, Dick DeVos also helps run the family’s business empire as the president of Amway Corporation in addition to other capacities. Read her interview with Philanthropy Table.

Politics Once Again Rises To the Top of the Priorities of George Soros

Throughout the 21st century the influential financial expert George Soros has been a name consistently linked to providing the highest possible level of funding for left leaning politicians and causes across the U.S. and the world as a whole. Politico reports the 2016 U.S. Presidential election campaign saw Soros back former Secretary of State Hillary Clinton with an impressive $25 million in campaign donations divided between her own campaign fund and the Super PAC’s and groups backing her bid to keep The White House under Democratic control, according to Politico. For George Soros the return to political donating in the U.S. comes as his Open Society Foundations seeks to develop even stronger links to a number of important charitable groups across more than 100 nations in Africa, Asia, Europe, and North America. Learn more about his profile at Forbes.com.

George Soros is one of the best known philanthropists and political donors in the world who has provided more than $12 billion in funding for a network of charitable groups and political backers who Soros has sourced to push forward a left leaning agenda that reflects his own vision for society. For George Soros the need to play an important role in the future of the U.S. is not limited to backing the political candidates he feels share some of the ideals he has built up over the years, but also seeks to develop close relationships with those who are looking to gain the backing of the well-known Democrat; George Soros is a major source of funding for many and has benefited from an open door policy from Hillary Clinton who was praised by the Hungarian born hedge fund manager who Forbes estimate is worth more than $25 billion. The backing of Clinton came after George Soros admitted he made a mistake in giving his backing to President Barrack Obama during the 2008 election campaign; in response Soros and Clinton renewed their political friendship over recent years as Clinton prepared for the 2016 election and allowed Soros a glimpse into her policy decisions and options as 2015 and 2016 progressed. Read more about George at The New York Times.

One of the main reasons for backing the campaign of Hillary Clinton has been reported as being a result of the disappointment Soros felt when President Obama abandoned many of the more radical principles he had expressed during the 2008 election campaign. Soros had sat out much of the 2008 and 2012 elections as he had become disillusioned with the role of Obama and admitted to his mistake in not backing Clinton. Politico reports Soros had looked to put right the Presidential election backing of Hilary Clinton and poured a large amount of money into the campaign of the former First Lady and the voter rights groups backing the rights of minority groups across the U.S.