now browsing by category
George is a Hungarian American born in August 1930 in Budapest. He is a survivor of the Nazi Germany after which he left for England in 1947. His family was used to conflict and controversy during Nazi, and it was imperative to get means of survival otherwise death would be imminent.
Soros learned his business and financial skills from his Russian mother who was from a family that was business oriented owning a silk shop. Soros was also a witness of social injustices given that his father was imprisoned before and after the World War 1. George’s desire and support for democracy emanates from the experiences he would have had and seen throughout his life.
George pursued his undergraduate degree from London School of Economics and later on attained a master’s degree in Philosophy. George is a successful businessman and is among the thirty richest people in the world having a net worth of 25.4 billion as of May 2017. He is an investor, philanthropist, and author. Learn more on Discover the Networks about George Soros.
George Soros Career Journey
Following his graduation in business and economics, it became challenging for him to secure employment since racism was still rampant then. He sent many application letters with no positive response. However, the game changer for him was when he received positive feedback from Singer and Friedlander Company. The primary reason for getting a position was because the managing director was a Hungarian. He started working at the entry level as a clerk. Nonetheless, he did not remain at the basic but grew to work in the arbitrage department before moving to the New York when his fortunes would unfold, and in time Soros would realize a total transformation of his life.
Soros Fund Management
On moving to New York, Soros started by working in Wall Street before the establishment of his own hedge fund with $12 in 1969. The primary reason that he managed to make such progress was his resilience, focus, hard work, and determination.
Later, he re-branded it to Quantum fund. Notably, it was in 1992 that he was able to make another great milestone with combined efforts with Stan Druckenmiller that they shorted the British pound making abnormal profits. It was after that George started being referred to as the man who broke the bank of England because of the financial breakthrough he realized.
Soros Fund management is his family office which has $30 billion value of assets. This year, George hired Dawn Fitzpatrick, a prominent woman from Wall Street so that she can run the investment portfolio of the Soros Fund management. Learn more about his profile at businessinsider.com
George Soros, the philanthropist
In 2009, he gave $35 million to parents in New York possessing benefit cards and needy children as well. The lives of these beneficiaries were transformed significantly. George Soros constantly gives money to humanitarian activities and needy people in New York.
Dick DeVos is a successful businessman who has not only grown and developed businesses, bu has also been involved in philanthropic activities with the end goal of improving and bringing even more wealth to his community of Grand Rapids, Michigan. Dick DeVos is a member of the well respected DeVos family that is owner and founder of Amway Corporation, an international sales company. The DeVos family is not new to hard work as the family built the company together which started in the basement of their home. Dick DeVos has always been around the business world. At an early age, Mr. DeVos distinctly playing around his father’s office with his brother.
Dick DeVos’ long exposure to the business world is what prompted him to earn a degree in business and to pursue developing Amway Corporation even more. Since Mr. DeVos’ start at Amway Corporation, Dick DeVos has held multiple executive positions including vice president. As a vice president of the company, Mr. DeVos was put in charge of international sales among the 18 different countries that Amway Corporation does business with. During his position as head of international sales, Mr. DeVos was able to make international sales 50 percent of the company’s overall revenue. This proof of talent began Dick DeVos‘ long career as a businessman as well as an innovator.
Dick DeVos’ many accomplishments have influenced to become involved in philanthropy. His goal of making the world a better place influenced him to find a new CEO for his company, The Stow Company Inc. Mr. DeVos is proud to announce that his new CEO will be Phil Dolci, a well respected leader among the marketing firm with over 20 years of experience in running businesses. Mr. Dolci is excited to accept this new position as a new leader to a new company and hopes to show the DeVos family where his talents lye.
Phil Dolci will be the successor of Frank Newman, the former CEO of The Stow Company Inc. Mr. Dolci vast experience in both business as well as with leadership has made Mr. Dolci the perfect successor in his eyes. The Stow Company Inc. is the largest home storage company around the world which comes with high expectations. Mr. Dolci is up for the challenge and hopes to show not only his skills and intelligence as a businessman, but also his well trained leadership style that will prove to be invaluable.