George Soros is a renowned billionaire who has had a lot of money channeled to his philanthropic organization. The latest discovery, according to Forbes, of the shift of 18 billion dollars from the Soros Fund Management to Open Society Foundations, has dropped his net worth. He has moved from being the 20th richest man in America to the 59th richest man. As much as his net worth has been affected, his organization that deals with philanthropic deeds globally have now become among the leaders when giving is put into play. Either way, a win-win for George Soros. Before George Soros shifted this chunk of money to Open Society Foundation, his fortune was 23 billion dollars. This donation was received over a period of time and will play a vital part in the operations of the organization. George has been planning his estate for a period of time and this is why these donations were given out. The organization will use the funds to fight for human rights, democracy, and justice globally.
George Soros wanted to ensure that these funds were used to benefit others and this is why the fund’s expenditure was to be monitored by the Soros Fund Management. In addition to ensuring accountability, Dawn Fitzpatrick was brought in as the Chief Investment Officer of Soros Fund Management. Open Society Foundations has so far funded various programs including some that deal with the general health of the public and others that focus on the refugees and their needs. It has taken a huge dive into supporting immigrants and open-minded causes that benefit people. George Soros lived in a closed society during the Hungary’s Nazi occupation. He knows the hardships associated with this kind of life and this is why he is a strong believer in democracy, human rights and the freedom of speech. George Soros fled Hungary and settled in London to escape communism. While at London he worked two jobs so that he could take himself through a Bachelors and Master’s degree at the London School of Economics, and more information click here.
After he finished studying, he moved to the United States of America where he started a hedge fund after a career at Wall Street. His hedge fund was worth twelve million dollars and he worked hard towards growing it further. His hard work did not vanish off as dust, he was named in the Forbes list among the 400 richest people 3 decades ago when he reached the three hundred million net worth mark. From that day henceforth, he has worked on climbing ranks in that list through working hard to advance his fortune. George Soros has had a huge part to play in politics as well. As a strong and dedicated member of the Democratic Party, he has constantly funded Democrats to advance their causes. Hillary Clinton has been a beneficiary of George’s funding. He has also given huge chunks of money to support education to the children who come from less fortunate homes and societies. His philanthropy has gone a long way in ensuring that the rights of the people are well catered for, and Twitter.com.
Other Reference: http://fortune.com/2017/10/17/george-soros-open-society-18-billion/
Louis Chenevert, the former United Technologies Corporation Chairman, has been in the limelight for his significant contribution towards the company’s success. The Quebec born attained a Bachelor’s degree in production management. His leadership style has been very evident with the numerous accomplishments he has had through UTC.
Before joining UTC, he had prior experience from General Motors where he had worked for 14 years. He then proceeded to be president at Pratt & Whitney. He, later on, joined United Technologies Corporation, where he rose the ranks and became the Chief Executive Officer and Chairman.
Louis Chenevert‘s achievements are arguably so big such that not many people would achieve what he has so far. First, he has been a huge advocate of investing in people. UTC has the Employee Scholar Program which offers sponsorship to employees interested in further studies. Chenevert strongly encouraged his employees to make use of the program because he believed in investing in them. Over 40,000 employees have benefited from the program.
All along, Chenevert has been known for having an eye for projects that are most likely to bring in profits. He acquired Goodrich Company. Also, Pratt & Whitney, which is one of UTC’s units, was given a chance to supply the F-35 engine for the US Air Force.
One of the other achievements during Chenevert’s reign is that the Sikorsky Unit has grown to become the largest manufacturer of aircrafts in the entire US. The company has managed to stay at the top of their competitors despite the recession.
Remarkably, UTC was never involved in any cutting of employees and has grown to be a manufacturer of commercial and military helicopter engines. Its unit at Connecticut is the highest provider of HVAC and security systems. UTC has consistently paid out its dividend since its existence. Through Chenevert, UTC has been involved in different financial synergies that have contributed to its growth.
Chenevert resigned from UTC in 2014 and was later appointed an exclusive advisor at Merchant Banking Division at Goldman Sachs. The exceptional leader believes in having well-analyzed long-term goals. Chenevert’s precision in the goals is a combination of precision and creativity. All his business actions are always on how they will affect the business.
Jorge Moll is prominently known for being the chairperson of the Directors’ Panel of Rede D’Or Sao Luiz. He acknowledgment extended following is leadership concerning the second phase of the activity concerning the Health Trends together with the impacts of the hospital management.
In addition to being the founder of the network and leading thirty-two hospitals across the country, he initiated the conference regarding Network’s history as well as the way it transformed from an institution of examination into several excellence hospitals (http://moll-lab.org/our-team/jorge-moll).
Being a medical idealist, he began with equipment. Together with the team, he executed this in Rio de Janeiro which is a prominent institute concerning the complementary tests. As a result of being a businessperson and a qualified cardiologist, he acknowledges that the trial missed a lot.
Moll acknowledges that it acted as a background to the occupation of opportunities. The truth is that Rio de Janeiro was the extensively known for the Brazilian medical center in the course of the 1970s and 1980s.
It is worth appreciating the fact the duty of the businessman in turning the page (Wikipedia). Rio de Janeiro being a big city implies that it is pointless to have a hospitals’ network serving various areas. This is as per his explanation. The outcome was the establishment of the three network’s institutions which includes Copa D’Or, Quinta D’Or, and Barra D’Or. The basis of the entire establishment was nothing apart from the will. This is in line with the statement of Moll. It is from his remarks that they need both perceived and technical quality in their need to retain their patients.
Following the Brazilian economic crisis which many ran away from, Jorge made a public presentation concerning Total Health Management Model that would serve as verticalization’s alternative in which some of the operators executed. The objective, according to his explanation, is to enhance the provision of health care with no wastage. The cost should be lowered and utilize the hospital’s idleness to facilitate the provision of care at a reduced price.
The aim of the brokerage company together with the individual aid of the network is to facilitate the operators’ understanding extensively the knowledge related to the treatment of the patients as well as the pathways within the hospital.