Category Archives: Fund

George Soros One of the Wealthiest Philanthropists and Businessmen in the United States

George Soros is well-known for his philanthropic initiatives and has been in the news for all his various business, humanitarian, and political endeavors. Recently, George Soros came into the limelight once again as he transferred a massive sum of $18 Billion to his non-profit organization, the Open Society Foundations. It made the Open Society Foundations, one of the most prominent non-profit organizations in the world, right after the Bill and Melinda Gates Foundation. The Open Society Foundations is a network of charity organizations from the world over that are working to advance the causes that George Soros believes in such as eradication of poverty, rehabilitation of the marginalized communities, women empowerment, encouraging equality and protesting against the injustice in the society.

George Soros is known to support the Democratic causes openly and sustains the Democrats in any which way he can. In the last Presidential election as well, George Soros funded the election of Hillary Clinton, a Democratic Presidential Candidate. It is estimated that he financed the election campaign of Hillary Clinton with funds of over $30 million, and pledged to support more as needed. He was disappointed when Donald Trump won the Presidential election but wasn’t discouraged at all as he continued to advance the philanthropic and democratic endeavors he feels firm for and has been supporting for a long time. George Soros is one of the few political contributors in the world that has spoken for the LGBTQ communities, and the victims of the drug abuse, which he feels are the marginalized section of communities that can be empowered with support and appropriate measures of rehabilitation.

George Soros has ensured over the years that he channels his wealth appropriately and efficiently to support the underprivileged section of the society and provide that the people, who need help, get it. Even though many in the political corridors feel that the wealth of George Soros is being used unwisely, there is little evidence to support that argument. His support for Black Lives Matter or the Antifa movements has been criticized by many, but it hasn’t stopped him from doing what he feels is right. He has also pledged to give away a massive sum of $500 million to support the businesses of refugees and immigrants in the United States. George Soros says that the cases of racism and injustice have been increasing in the United States in the past few years, and it is the responsibility of the people in power and with influence to take measures and raise their voice against such atrocities.

George Soros is amongst the most successful hedge funders of all time and his company, Soros Management, is amongst the most successful hedge funding companies in the world. His political giving has been under scrutiny, especially after he made $1 billion by shorting the GBP in Great Britain, which led the sharp decline of the financial market in the United Kingdom. George Soros believes that his economic wealth and foresight due to the years of experience in the politics put him in the position to do things to help build a better tomorrow.

George Soros info: www.newsweek.com/tax-cuts-billionaires-republicans-congress-709339

Andrew Rolfe Facilitates The Success Of The Ubuntu Fund

The Ubuntu Fund is one of the organizations that has played an instrumental role in helping the needy children in the society. Over the years, they have helped over 400,000 needy children. Under the leadership of Jacob Lief, who is a co-founder of the Fund, the entity has been able to reach out to many well-wishers. These individuals have continued to fund the institution’s operations. However, there has been an increase in the number of disadvantaged children in the society.

In the recent past, the Fund organized a funds drive with the objective of raising over $972,960. The management of the Ubuntu Fund said that they were able to surpass their set target. The event, which was held in London, attracted many philanthropists and entrepreneurs. This money shall be used in enhancing the Fund’s campus, which is based in Port Elizabeth, South Africa. Moreover, the funds shall be used in expanding the capacity of its pediatric clinic, which is within the school compound. This way, the institution will be able to accept more needy children from the society.

Sinesipho Rabidyani was one of the attendees. When she took to the podium, she stole the show owing to her story and her stylish dress. She narrated how as a young girl she hated going home. This is because her father had a drinking problem that made it difficult for the family to endure his mistreatment. Sinesipho focused on her education. Her good grades and inspiring story made the management of the Ubuntu Fund to give her a scholarship. In addition, she was enrolled into a mentorship program and given psychosocial support. Today, the young girl is a law student at the university.

About Andrew Rolfe

Besides serving as the chairperson of the Ubuntu Education Fund, Andrew works for TowerBook Capital Partners as the managing director. Previously, Andrew Rolfe was the president of the Gap’s international division. He was instrumental in enhancing the company’s international growth strategies, including expanding international brand extensions and operations.

Rolfe was also responsible for launching Banana Republic in Japan and facilitating the development of a new franchise in Malaysia and Singapore. The executive is the former CEO of Pret A. Manger where he also served as the chairperson. In addition, Andrew worked for Booker Foodservice as the chief executive officer.