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George Soros Makes $18 Billion Dollar Donation To Further Democracy

Posted by SugarMusic on

Around the world, many countries may the prospect of an anti-democratic government. Now, one famous billionaire is donating a significant portion of his vast net worth to help ensure billions of people live in a democratic society. That billionaire, Geroge Soros, he donated an astounding $18 billion dollars to the Open Society Foundation. With outposts in over one hundred countries, the Open Society Foundation is one of the largest pro-democracy organizations in the world. Among the missions for the Open Society Foundation include fighting authoritarian regimes, helping to promote the rights of immigrants and refugees and finally, promoting human rights of all people.

Going one step further, George Soros has pledged most of his vast fortune to The Open Society Foundation in his will. The current $18 billion dollar donation is just the beginning of the support pledged by the legendary billionaire. With these funds, the Open Society Foundation will seek to fund all of their outposts and potentially help millions of people around the world. The donation to the Open Society Foundation exceeds the entire amount the organization has spent since the 1980s. In the past four decades, the Open Society Foundation has spent $14 billion dollars for pro-democracy causes. The Geroge Soros $18 billion dollar donation will most possibly transform the organization into a powerful global force.

With the $18 billion dollar donation to the Open Society Foundation, Mr. Soros has donated a total of $30 billion dollars to charitable causes in his lifetime. At 87 years of age, Mr. Soros is looking to ensure that his fortune goes to noble causes. And the Open Society Foundation is quite possibly the one organization that most closely mirrors the ideology of Mr. Soros.

Born in Budapest, Hungary in 1930, George Soros grew up in the shadow of the Nazi occupation and was forced to endure the hardship and horrors of the second world war. Mr. Soros emigrated to England right after the war in 1947. It was there that Mr. Soros was educated at the London School of Economics. Soon afterward, Mr. Soros began his career as a salesman and a wholesaler while waiting to gain acceptance for job in finance.

By the mid-1950s, Mr. Soros was employed in the business world. Geroge Soros worked at a string of finance jobs until he opened Soros Fund Management in 1970. During the next decade, Mr. Soros would make his first fortune on Wall Street. Afterward, he would accumulate one of the largest fortunes on the planet.

Today, Mr. Soros is working hard to deploy his money towards pro-democracy causes. As millions face the specter or authoritarian rule, the Open Society Foundation will help free these people with the help of Mr. Soro’s multibillion-dollar donation.

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A Talented Investment Aficionado

Posted by SugarMusic on

Warren Buffett has placed a bet that’s worth $1 million. It’s going to charity. The goal behind this bet is to prove that he can attain stronger investment returns that numerous hedge fund managers. Buffett believes that he can do this just by putting money into an S&P (Standard & Poor’s) 500 passive index fund. The outcome of Buffett’s wager will be determined at some point in 2017. Odds are high that Buffett is going to look smart in the end as well.

Buffett is totally right. The world is full of poor and costly funds that simply aren’t fair to investors. He’s also right when he states that people in the United States need to be putting money into retirement plans.

Timothy D. Armor works for Capital Group Companies as its Chairman. He’s also the company’s CEO (Chief Executive Officer). He’s been working in the vast investment realm for more than three decades now. Armor has been part of Capital Group for an extended stretch of time. He’s been in charge of many roles while with the firm, too. When he began at Capital Group, he served as a hardworking equity investment analyst. That’s when he was at the helm of American service firms and international telecommunications.

Armor started work at Capital Group by signing up for The Associates Program. He has a bachelor’s degree from Middlebury College in Middlebury, Vermont. Middlebury College is a widely known liberal arts institution. Armor studied economics while at the school.

Armor currently lives and works in sunny Los Angeles, California. People often call him “Tim” for short. He’s involved with many prominent groups and organizations. Some notable examples of these are the Scotia Global Opportunities Fund, the SMALLCAP World Fund, Inc. and the New Economy Fund. Armor is a dependable and industrious portfolio manager who always goes above beyond to learn more about the extensive investment world. He’s the type of seasoned professional who is never 100 percent satisfied with his achievements. He’s constantly testing new things out. He’s perpetually aiming higher to make bigger and better changes within the investment universe.

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