Philanthropy at Its Best: George Soros Donates $18 Billion to Open Society Foundations

When it comes to naming the list of billionaires we currently have in the world today, George Soros is a name you will hardly miss in that list. George Soros, however, is an anomaly type. Unlike other wealthy billionaires who go on squandering their money on posh lifestyles, George is giving back to charity. For instance, this year alone, Soros has donated up to $18 Billion to his Open Society Foundations thus empowering it to fight and advocate for the needs and concerns of the underprivileged in the community. This is according to Open Society.

George Soros was born in 1930 and raised in Hungary. His childhood was not so inspiring like most children’s since he had to live his days as if they were his last, witnessing numerous killings of the Jews during the Nazi Occupation uprising. However as soon as the war ended in 1947, George Soros fled his country to Europe in search of education. His endeavors saw him enroll for an Economics degree course at the renowned London School of Economics. With no one to finance his education, George Soros worked two jobs; a kitchen porter and a nightclub waiter thus helping him finance his stay and education in London.

After graduating, Soros began his career in London as an investment specialist and then later moved to become a merchant banker. Still not satisfied, Mr. Soros made his way to New York City Wall Street where, in a span of five years, he was able to make huge fortunes in this market. He later moved back to London before returning to the USA where he made it his home. It is at this time that George Soros was able to make the biggest move of his career through his own hedge fund. From a noble investment of $12 million, Soros was able to grow the hedge fund to billions of dollars. Read more on foxnews.com about George Soros.

The Open Society Foundations

Open Society Foundations was established by George Soros at the peak of his career. With adequate money, funding such an organization was a non-issue. George’s idea of Open Society Foundations was informed by his childhood experience and Karl Popper’s book “Open Society and its Enemies.” Though the Open Society Foundation, George Soros sought to push for liberal freedom and right of citizens all over the globe. To date, the foundation has supported a number of individuals, organizations, and economies and Soros continues to play an active role in the operational activities of the group despite his old age.

View: https://www.theatlantic.com/magazine/archive/1997/02/the-capitalist-threat/376773/

While some of the courses being championed by Open Society Foundation and George Soros might be seen as intimidating to democracy, nothing could be further from the truth. Primarily the goal of Soros and Open Societies is to create a community where everybody has an equal right of expressing him or herself. To achieve this, the group has, among other things, encouraged and funded education for individuals in different economies including South Africans during the Apartheid period. It has also championed for the equal treatment of the gays and lesbian community among other courses. Know more about George Soros on CNBC.

Chris Burch: Investment Skills at Its Best

Chris Burch is a renowned entrepreneur with an innovative vision and great investment skills. He is known for diverse business portfolio starting from hospitality to online consumer brands. Currently, Burch is the founder and Chief Executive of Burch Creative Capital, an investment firm with diverse investment aspirations based on the entrepreneurial values of Burch. It should be noted Burch has groomed at least 50 different companies in his 40 years entrepreneurial career, and many of them are highly successful and well-known brands now. His recent ventures include Coccoon9, Poppin, ED by Ellen DeGeneres, Tory Burch, and more. Apart from setting up online brands through highest quality products and services, Burch is also credited for some of the world’s best hospitality projects. His beach resort named Nihiwatu is located in a remote Indonesian island has declared as the best beach resort by many travel groups.

Interestingly, according to bjtonline.com, Burch started his entrepreneurial journey during his college days. He collaborated with his brother by contributing $2000, and they launched Eagle Eye Apparel with a direct sales option to households. The brand grew by earning the trust of the consumers and finally, sold it for $60 million. While he was running the firm, Burch learned the technics of finding efficient production sources and developing direct market plans to consumers. His resort in the Nihi Sumba Island of Indonesia was actually a beach hostel. Burch collaborated with James McBride, a famous hotelier, in 2012 bought the hostel, renovated it, and opened it as an ultra-modern beach resort in 2015. The resort contains 27 villas that mixes natural features of the region. The visitors have multiple options to enjoy their vacation there including safari ride, hiking, the boat ride into various parts of the island, and more.  Read additional article on businessinsider.com.

Chris Burch combines his creativity, imagination, new market opportunities, and support and scale to create disruptive brands that can give long-lasting positive impact on customers. He is also known for developing various brands in organic foods, home furnishings, technology, and retail industries. Burch founded Blink Health, Chubbies, Brad’s Raw Foods, BaubleBar, Soludos, Little Duck Organics, and more.  The site forbes.com offers more related reading.

He is also a mentor to many aspiring entrepreneurs and shares his vision about technology, entrepreneurial innovation, and more through his official website. Learn more about his creative output, hit burchcreativecapital.com.   Burch is also active in various philanthropic initiatives and contributes millions for the community needs. He contributed to The Sumba Foundation, The Child Welfare League of China, The China Association of Social Work, NYU Langone, The Henry Street Settlement, and Mt. Sinai Hospital in New York. For his recent timeline activity update, check on this.

A must-read interview of him here on https://www.entrepreneur.com/article/222766

Chris Burch: A Remarkable Entrepreneur and Shrewd Investor

Chris Burch is a smart investor, innovative entrepreneur, and fashion mogul. He is the current CEO of Burch Creative Capital, a creative firm he established in 2007 with the aim of inventing, nurturing and supporting disruptive brands and businesses. Burch has close to 40 years’ experience in entrepreneurship and investment, having ventured into numerous niches such as fashion, technology, real estate, and hospitality industries. Chris holds a Bachelor of Arts degree from Ithaca College.

Investment in Hospitality Industry

In 2012, Chris teamed up with hotelier James McBride to buy and renovate a beach hostel in Sumba, a remote island in Indonesia. In 2015, they reopened it as a five-star resort named Nihiwatu, which has 27 private villas, one of which is Chris’s private home dubbed Raja Mendaka. This is one of Burch’s most noteworthy and profitable investments. In 2016, Travel + Leisure named Nihiwatu resort as the best hotel in the world. It is a magnificent resort that attracts many local and international tourists. Burch and his business partner McBride plan to expand their investment in the hospitality field by building resorts in Nicaragua and Costa Rica. The duo is looking to design and put up resorts that are more accessible to the millennial tourists.

Investment in Fashion Industry

Chris Burch is a prominent fashion mogul. He is renowned for integrating technology and fashion to gain a competitive edge in the business. Burch’s entrepreneurial journey began in 1976 when together with his brother Bob, they established a clothing company named Eagle’s Eye apparel that cost $2,000. They later sold it at $60 million in 1998 to Swire Group. Chris is a majority shareholder in Tory Burch LLC, a fashion and design company he co-founded in 2004 with his former wife, Tory Burch. He is also an investor in his two daughters’ fashion label dubbed Trademark. In 2014, Chris partnered with Ellen DeGeneres to create and launch a lifestyle and clothing brand named E.D.   Refer to bjtonline.com for more of this.

Other Notable Ventures

As a shrewd investor, Burch has diversified into other business areas including supplies, fitness and real estate. In 2011, he founded Poppin, a firm that manufactures and distributes office supplies. He has also invested in numerous local and international real estate ventures which include the development of luxury homes in high-end beach areas such Florida, Palm Beach, Southampton and Nantucket. In the telecommunication industry, Chris has invested in Pewermat and Aliph, which produces and sells Bluetooth headsets , speakers and fitness accessories.  For his latest cool offering to the market, check inc.com.

Philanthropy

Chris Burch is a renowned philanthropist. He has severally contributed towards medical research at Mt. Sinai Hospital. As a way of giving back to his former school, he donated $1.3 million to Tilton prep school in New Hampshire in 2013. Burch served on the board of the Rothman Institute Orthopedic Foundation and has been actively involved in charitable causes in organizations like The Sumba Foundation and The Child Welfare League of China among others.  Read this must-read article here.

Chris Burch’s success can be attributed to his vastly diversified investment portfolio, having partaken in the success of more than 50 companies, while building his personal fortune that is estimated to be about $1 billion. In 2013, he was on Forbes Magazine’s billionaire’s list.  Head over to forbes.com and check this.

To update with his recent timeline activities visit https://www.crunchbase.com/organization/burch-creative-capital#/entity