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George Soros has a net worth of $24.4 billion and is among the people who are called self-made billionaires. Born and bred in Hungary, John Soros took his elementary studies in the same locality. However, his parents could not sponsor his higher education, causing him to fend for himself. George took manual jobs as a waiter in a hotel and railway porter to raise his fees as he studied in the university. He later got a job in the finance industry the field, where he always aspired to work. He began his career in a lowly position at a merchant bank. Soros finally moved to New York, where he got an opening on Wall Street.

George established the edge Fund worth $12 million on Wall Street in 1969. With Stan Druckenmiller on his side, George Soros got a huge breakthrough in Wall Street in 1972 as he shorted the British Pound, making high profits. The profits were so high that he became known as ‘the man, who broke into the Bank of England.’ The lasting impressions made in the first few years on Wall Street made George remain a strong force in the market. More than four decades later, George is a still a heavy weight in the investment industry.

Soros Fund Management is the family business that holds more than $30 million in assets. The fund is expected to grow to higher heights in the near future. The firm mainly deals with investments and has helped Soros grow to his billionaire status over the years. At the beginning of 2017, George Soros hired Dawn Fitzpatrick, one of the most prominent women in the Wall Street market. Dawn was assigned the role and position of Chief Investment Officer (CIO), in the company, She is expected to help grow the company to the next level with her expertise that she has gained over the years.

Investing in Politics

In 2015/16, Soros re-emerged as a main supporter of politics just as he had done in 2004. Although in 2004 he was fighting for the defeat of George Bush, this time he was fighting for the defeat of Donald Trump, whom he refers to as ISIS. Asked what he means by calling Donald ISIS, Soros said that Trump invokes fear in people, a quality he regarded as poor. In support of Hillary Clinton, George Soros donated more than $25 million that would help boost the campaign. Moreover, George Soro’s team said that they expected him to give more given his belief in the success of the candidate. Soros also aspired to attend the Democratic Convention in which Hillary Clinton would accept the role of being a presidential nominee. However, Soros canceled the engagement on the last minute when he said he needed to observe the European market

It was officially announced that Dick and Betsy DeVos discussed their generosity at the confirmation hearings and now have a number of $139 million to go with that giving. A major part of the story has been Dick and Betsy’s support of private elementary and secondary education schools and their staunch defense of school of choice, but they’ve also given to grassroots organizations such as Action Institute and Hudson Institute. The DeVos’s have given to a number of Republican political candidates over the years, and have been active in the state’s party leadership committees, but the donations there are relatively small compared to the impact they’ve had on Grand Rapids, MI as a whole.

 

Dick DeVos was born in the Grand Rapids area and was raised by entrepreneurial-minded parents who also gave to organizations and individuals in need. His father was Amway cofounder and ardent supporter of former President Ford, Richard DeVos Sr. Dick often watched the business operations at Amway as a young boy and decided to work his way through the company once he completed his bachelor’s degree at Northwood University. He and his brothers were soon made vice presidents of Amway operations and began exploring sales in the Asian and Pacific markets. Dick briefly left the company for a few years to start his own company, The Windquest Group in 1989 and then run for public office to the Board of Education in 1990, but he returned as CEO in 1993 and remained there until 2002. Today he manages investments and funds local businesses and initiatives at The Windquest Group while also funding charter schools and art foundations.

 

Dick and Betsy’s education activities began with the support of the Children’s Scholarship Fund through their own Education Freedom Fund in the Dick & Betsy DeVos Foundation. The group primarily provided for low income students to attend private schools, but the DeVos’s also wanted more done at the state level to ease the burdens on families. They tried to get a measure passed that would allow families to receive tax credits for attending private schools but came up short. 10 years later they opened their own school and opened the doors to anyone interested in learning aviation as well as technology and liberal arts at the West Michigan Aviation Academy.

 

Dick DeVos ran in the 2006 gubernatorial race when he became dissatisfied with the overall direction the state of Michigan was headed, but he fell short to then incumbent Jennifer Granholm. In 2012 he and several members of the Mackinac Center for Public Policy and the Koch Foundation brought right-to-work legislation to the table that passed and was promptly signed into law. Dick DeVos also made two contributions, one to local Grand Rapids hospitals that won the Spectrum Health Foundation Art of Giving award in 2006, and later donated to David Rubenstein’s Kennedy Center project that was named the Dick & Betsy DeVos Institute for Arts Management.