George Soros is a Hungarian Born New York Businessman. He is ranked among the top five wealthiest people on the globe. Soros is of Jewish descent, but he spent part of his childhood in Hungary before escaping to the UK when he was a teenager. He had to leave the country because of the Holocaust. He has since managed to build a business empire worth billions of shillings. However, there is more the Soros than just riches, and political and social activism is where you will hear his name mentioned the most and more information click here.
George Soros made his fortune after he graduated from the London School of Economics. He is famous because he ‘broke’ the bank in the now infamous Black Wednesday short sale of 1993. In one single day, Soros was able to make a deal worth $1 billion by changing the Sterling Pound for US dollars. After the sale, he moved to the US, but he continued investing in the stock market. One of the things that Soros believes in is that the society will be at ease when everyone realizes that it is impossible to be perfect in the human condition and that there is no shame in being wrong. He, however, believes in doing his best to rectify what he thinks is going wrong in society.
One of the latest social activism protests that he has supported was the protests in Fergusson. The whole issue started as a Facebook Hashtag. The contentious issue was the apparent senseless killing of black people by the policemen. People started chanting the black lives matter song, and soon it was an entire movement. Busloads of protestors were ferried to Fergusson, and for three days, they made sure that their message was heard by the local and the international media and George Soros’s lacrosse camp.
George Soros is also well invested in the politics of the country. For instance, when he disagreed with the Iraq war which was started by President Bush in 2001, he supported John Kerry to run against him. After Kerry’s Loss, George Dialed back a little on politics, but he was back to support Barrack Obama. In the just-concluded presidential election, Soros openly supported Clinton and contributed millions to her campaign. He was even supposed to attend the Democratic Convention where Clinton was named the flag bearer. He, however, pulled out the last minute because he had to oversee his investments in Europe and learn more about George Soros.
Soros believes that Trump might not be the right person to lead the US. His reservations stem from the divisive politics which are played by Trump, and the controversial groups which support him. He says that it is upon those who can to keep Trump in check as long as he is in power.
More Visit: https://twitter.com/georgesoros
Recently, business magnate and philanthropist, Warren Buffett went on record to disclose a wager made between him and a group of hedge fund managers. The wager, with $1 million at stake, states that by investing in a simple S&P 500 passive index fund, Mr. Warren Buffett would be able to achieve a higher yield than his counterparts over a predetermined amount of time. The proceeds for the bet will be given to the charity of the winner’s choosing. As the end-date for the bet draws closer and closer, its seems that Mr. Buffett will be successful. Due to Warren Buffett’s lofty status in the world of business investments, it is difficult to challenge his tried and true strategies, but that is just what Timothy Armour has done. Timothy Armour is the Chairman and Chief Executive Officer of Capital Group, and while he agrees with many of Warren Buffett’s views on investing, citing his level of success, where he disagrees with Mr. Buffett is the significance of the passive index fund. Throughout the industry, there has been an ongoing debate on whether investing in passive or active funds is the more lucrative of the two options. Traditionally, passive funds have performed better than their active counterparts, but according to a recent study in which 1200 investors were surveyed, it was discovered that of the 1200 investors, only half of them were aware of the fact that during market downturns, passive index funds expose investors to 100 percent volatility. Armour agrees with Mr. Buffett on the idea that starting with low-cost investments to be cultivated over the long-term is essential in creating significant financial returns, but he also champions the idea that subscribing to the prospects of active mutual funds can create better yields and learn more about Timothy.
Timothy Armour is currently the Chairman and Chief Executive Officer of Capital Group. He has over 30 years of experience in the investment arena, having joined The Associates Program in 1983 after graduating from Middlebury College. He is based in Los Angeles, CA and his Linkedin.
Other Reference: https://www.facebook.com/public/Timothy-Armour
Mr Hussain Sajwani is among the largest and most influential property developers in the field of real estate as well as in the United Arab Emirates. Mr Hussain Sajwani has been a founder of many startups who has been widely successful. He has had a lot of experience in the world of business which has allowed him to amass the kind of expertise needed to make his companies grow and reach a fortune.
Mr Hussain Sajwani received his education from the University of Washing. His major was in Economics. After he had completed his studies, Mr Hussain Sajwani took up a job at Gasco as a contracts manager.
In 1982, Mr Hussain Sajwani decided to back to the United Arab Emirates and to start his own business. That is the year he founded one of his most successful startups – Draieh Management Services Co. The company is better known under the name of DAMAS Properties.
The Damac owner established the company in the field of catering. The company has been an investor in a large number of real estate projects location throughout the middle east. Damac Properties is a company that functions on an international level. It has offices in several countries.
Mr Hussain Sajwani also created the company called DICO Investment CO LLC ten years after he created Damac properties. DICO Investment CO LLC is an investment firm. In 1997, Mr Hussain Sajwani also created Al Jazeira Services Co SAOG.
The company is widely successful and earns a yearly profit of approximately 150 million dollars. It operates in over ten countries and keeps expanding its reach rapidly. Mr Hussain Sajwani also uses his companies to do philanthropy work. He recently made a donation of a million and a half in UAE currency in order to support a charitable foundation for children.
As an entrepreneur and an investor and developer of real estate, Mr Hussain Sajwani has been a part of a large number of partnerships. He has collaborated with businessmen from the United Arab Emirates, the United States of America, and many other countries as well.
One of the most recent and most famous collaboration was with Donald Trump. Together, they worked on the Trump International Golf Club which earned millions in revenue. The Hussain Sajwani family is, in fact, good friends with the trump family. They have been friends for years, and the women of the families have been meeting and travelling together frequently.