George Soros Donates $18 Billion

New York Times reported in October 2017 that billionaire businessman and philanthropist George Soros made a donation of $18 billion to the Open Society Foundations. Soros created the first Open Society Foundation, known then as the Open Society Institute, in 1984. The Open Society Foundations have long been a champion in the fight for human rights and democracy. In the 1980’s and 1990’s the Open Society Foundations operated throughout Central and Eastern Europe rebuilding ex-Soviet nations and peacefully replacing communism with democracy.

Soros has performed philanthropy in Africa as well. The Open Initiative for Southern Africa, which Soros funded, was responsible for promoting regime change in Zimbabwe. Soros also funds the Millennium Promise, a $50 million project aimed at reducing the devastating effects of poverty by educating impoverished people as well as providing them with modern medical supplies and sustainable agricultural methods. In the United States, the Open Society Foundations promote social rights. In recent years they have invested in programs designed to reduce police brutality, to protect LGBTQ citizens, and to end hate crimes.

Mr. Soros has also been active in politics in the United States since the 2004 election. After the election, he began funding the Democracy Alliance, a group which promotes progressive ideas. He was also one of the first donors to the Center for American Progress. George Soros, born in Hungary, received his higher education in England at the London School of Economics. He worked in London for a short time at a merchant bank before moving to America.

Once in New York Soros began to work for F.M. Mayer, dealing mostly with European stocks, which had become quite popular at the time. In 1959 Soros moved from F.M. Mayer to Wertheim & Co., this time working with European securities. In 1963 Soros was asked to act as the vice president for Arnhold and S. Bleichroeder. In 1969, through money from the company’s investors and some of his own money, he formed the Double Eagle hedge fund worth $4 million. In 1970, while still vice president he created Soros Fund Management and become chairman.

In 1973, to avoid conflicts of interest, Soros left Arnhold and S. Bleichroeder as well as the Double Eagle hedge fund (now worth $12 million). In 1991, using market predicting methods he had developed, Soros foresaw a drop in the value of the British Pound, and invested heavily against it, making a large profit.

The $18 billion that Soros just donated, one of the largest donations in history, will go to the Open Society Foundations so that they can fund their work for years.

To Read More : twitter.com/georgesoros

Jorge Moll Explains about the Positive Benefits of Giving

Jorge Moll, a well-known Neurologist and the founder of D’Or Institute of Education and Research, is known for his philanthropic contributions apart from his healthcare ventures. The Brazilian entrepreneur recently explained the benefits of giving. He says that giving makes people happier, and it has proved by a Harvard Business School study in 2008. The study by Professor Michael Norton and his team proved that offering money to someone who is in need of help has helped people happier than spending for themselves. In another study conducted by Jorge Moll in 2006, people who give to charities are found to be generating a warm glow impression in the brain regions associated with trust, social connection, and pleasure. Learn more about Jorge Moll at Google Scholar.

Jorge Moll also stated that giving also has the power to improve the health of people. Stephen Post, a researcher in preventive medicine who works at Stony Brook University, identified that giving could significantly increase the health of a person who is struggling with critical illnesses such as HIV, multiple sclerosis, and more. Researchers have identified that giving relieves stress, reduces blood pressure, and creates positive psychological effects, which are directly linking to the health of the person.

Thirdly, it nourishes social connection and cooperation as it increased the chances of getting it back. When a person rewards someone, it forces the receiver to offer some help to others, and it gets transferred to someone else – creating a chain of philanthropic acts leading to a reverting act towards the original donor. Jorge Moll says that giving has the power to create gratitude, and that plays a vital role in generating happiness, social bonds, and health. Nathaniel Lambert, a researcher at Florida State University, recently conducted a study and found that showing gratitude to the romantic partner or close friend advances the sense of connection with that person. Read more about Jorge Moll at crunchbase.com.

Finally, Jorge Moll thinks that it creates a contagious effect in the society. When someone helps a person, it is not just a help limited to the recipient and has a higher chance of creating a ripple effect in the society. It means that every donor is encouraging the recipient and possibly third parties to continue the noble act to others who are in need – finally creating a more generous society.

Learn more: https://www.crunchbase.com/organization/rede-d-or-sao-luiz

How Omar Yunes Became an Award-Winning Restaurateur

One of the enduring global phenomenons with regards to food is the consistent popularity of sushi. Sushi is a dish that finds its origins in the East Asian nation of Japan where it was developed in part from a much older food preparation practice that involved using fermented rice to preserve fish. Japanese chefs perfected the preparation of sushi and through cultural exchange the dish seemed to agree with the palates of diners around the world and became an internationally popular dish.

These days one does not have to travel across the Pacific Ocean in order to get their hands on a delicious plate of sushi because the dish is widely available. Among the many countries that have long since hopped on the sushi bandwagon is the North American nation of Mexico. One of the many sushi chains that are spread across the country of Mexico is a sushi chain that is known as Sushi Itto. In Mexico many of the Sushi Itto franchises are owned by a Mexican investor named Omar Yunes.

Omar Yunes has successfully launched over a dozen branches of the Sushi Itto franchise in Mexico. Omar Yunes’ sushi restaurants are located in a number of large cities in Mexico that include the cities of Puebla, Mexico City and Veracruz. His restaurants are known for providing exemplary service and authentic Japanese cuisine to consumers across the nation of Mexico. Omar Yunes became a Sushi Itto franchisee when he was very young. He became involved with his first Sushi Itto branch at the tender age of 21. Since then his restaurant empire has grown to include 13 Sushi Itto restaurants. Omar has taken pains to learn how to run a successful restaurant that delivers high quality food, top notch customer service and lucrative employment opportunities to the people who choose to eat a meal there and to the people who a part of Sushi Itto’s staff. This has resulted in Omar creating restaurants that are known for being exemplary models of what a Sushi Itto franchise should be and how it should operate. Omar Yunes has also been recognized internationally for his exemplary work as a restaurateur.