Those who know George Soros cannot dispute the successful investor’s power in US politics and culture. The New York-based hedge fund manager has since the 1980s been an active funder of democratic causes around the world. His activities in the political world have helped reshape political landscapes in many countries, leading to the toppling of some long-serving regimes. In 2004, Soros sensationally committed $27 million to help defeat the US President George W. Bush. Over the years, Soros has become as the most influential funder of Democrat causes. During the recent US political campaign, Soros donated over $25 million to back Hillary Clinton’s presidential bid.
A firm believer in Democrat ideals, Soros supports various organizations that support the party’s causes. For instance, Soros has doled out substantial amounts of money to Priorities USA Action, Immigrant Voters Win, and America Bridge 21st Century, all of which uphold Democrat beliefs.
George Soros was born in Budapest Hungary on August 12, 1930. His father Tivadar Schwartz was a practicing attorney and a zealous supporter of Esperanto, a language invented in the 1880’s to help reduce nationalistic tendencies and foster intercultural harmony. In1936, Schwartz changed the family surname to Soros, an Esperanto verb that means “will soar.” In 1947, the Soros relocated to England, and the young George enrolled at London School of Economics (LSE). It was at LSE that Soros would interact with Karl Popper’s works. Although Popper was a teacher at the same school, he didn’t directly tutor George. His ideas on open society, however, which he wrote in his book under the same title, were very influential on George Soros. The book supported a moral code that put mankind welfare above personal interest. For the rest of his life, Soros would follow the same ideals. Visit Project Syndicate to learn more about George.
After graduating from LSE in 1952, Soros started working at Singer and Friedlander, a London brokerage firm. Later, in 1956, he relocated to New York, where he met and married Annalise Witschak in 1960. He became a US citizen in 1961.
In the years following his relocation to the US, Soros founded Double Eagle, a hedge fund investment that grew rapidly to over $1 billion by 1985. Currently, Soros’ investments have brought him more than $24.9 billion, making Soros one of the 30 wealthiest people in the world.
A significant chunk of George Soros’ fortune goes to support philanthropic causes. His nonprofit foundation, the Open Society Foundation has been an active supporter of tolerant and vibrant democracy in many countries around the world. Since the early 1990’s, Soros has spent hundreds of millions of dollars per year to help fund different charitable causes. Learn more about his profile at Forbes.com.
The Real Deal reported some days ago about Arthur Becker’s new deal. Becker has been the silent investor behind major real estate projects. He has been a backer for Kevin Maloney and Michael Stern, just to name a few. Now he is putting his own name on a real estate project on 465 Washington Street in Tribeca with a projected selling price of $52.5 million.
This project will be a boutique and artsy building with interior designed by Paris Forino. Also, it’s located next two his studio office. In this real estate development, there will be one penthouse duplex and seven simplex apartments. The square footage will range from 2,000 to 4,000 square feet. Also, the prices will be $2,200 per square foot to $3,200 per square foot. And for the penthouse, the asking price will be between $5 million and $14 million.
Becker purchased 465 Washington in 2012 for $6.1 million from Peter Moore, a developer who was previously an architect. Other than that, it has been reported that Becker invested $550 million worth of projects within New York City, according to Real Capital Analytics, a research firm.
About Arthur Becker
Arthur Becker is the Madison Partners, LLC’s managing member. From 2012 to 2015, he was the CEO and Chairman of Zinio LLC. which is located in New York, New York, and this company is the biggest digital newsstand worldwide. His other previous roles include the following: CEO of NaviSite, a provider of Internet technology services, a senior advisor for Vera Wang fashion company for seven years, and he has been a private investor of real estate and technology since 2011 when NaviSite was sold to Time Warner. With his educational achievements, Becker graduated from Tuck School of Business at Dartmouth in 1974 in business.
Anthony Petrello is known as the most powerful man in the oil industry as he is the CEO and the president of the Nabors Industries. He was elected to the company’s board of directors in 1991 he has also served on the executive committee of the board. Petrello was the Chief Operating Officer and the […]