George Soros: Donating His Fortune To Foundations

George Soros is considered as one of the wealthiest men in the world, with a net worth of more than $26 billion. However, in 2017, his net worth shrank to $8 billion, because he already donated $18 billion to his philanthropic arm called the Open Society Foundations. George Soros stated that he would further donate $2 billion to the Asian counterpart of the Open Society Foundations, and he added that losing most of his fortune because it has been given to goodwill is one of the best decisions that he made. George Soros is already old, and he wanted to leave his mark on the face of the planet, which is why he is mobilizing his foundations to do something good for the people.

Living in terror as the Nazis occupy his hometown, George Soros had to hide every day during the Second World War. When the Nazis invaded Hungary, he and his family had to go to a safe place where the Nazis would never see them. He is part Jew, and it means suicide when the Nazis captured them. George Soros managed to survive the deadliest war in the history of men and went on to become a student of economics in London. He had to do several jobs per day to support his studies, and all of it paid off when he received his diploma. He decided to move to the United States in the 1970s and started learning about trading and hedge funds.

Most of the wealth that George Soros made came from trading and building hedge funds. When he noticed that his money keeps on growing exponentially, he decided to invest most of it in different businesses, creating his business empire. Fast forward to the present day, George Soros is considered as one of the most influential people on the planet because of the vast amount of wealth that he has. He is also accused by some as a destabilizer, using his foundations and money to topple governments across the world that does not adhere to his dream of creating a global Liberal Utopia. However, supporters of George Soros dismissed the accusations as mere conspiracy theories and revealed that George Soros just merely wanted to help people and nothing else.

The Asian counterpart of the Open Societies Foundations also stated that the money given to them is not used for destabilizing governments. They presented some of the beneficiaries of the funds provided by George Soros, and it includes the Nepalese families who have gained justice because of the arrest of the military personnel who tortured their loved ones in the early 2000s. They also presented the Indian farmers who were assisted in purchasing new trucks, and the school children in Mongolia that were given the rights to study. The Open Society Foundations explained that what they are doing is goodwill across the globe, and they stated that the money of George Soros goes to good hands. George Soros, on the other hand, expressed his gratitude to all who believe in their causes for the benefit of humanity.

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George Soros; Making a Difference through philanthropy

Born in 1930 in Hungary, George Soros escaped persecution from the Nazis and went on to get a Bachelor of Science in Philosophy from the London School of Science and Economics. In 1956, George Soros emigrated to the United States of America and joined the financial sector. In 1970, Soros founded his hedge fund where he was an angel investor providing capital for business startups usually in exchange for equity or convertible debt. George Soros is now a prominent billionaire hedge fund manager, author, businessman and philanthropist. Businesswise, George Soros has made some high bets on stock markets that have seen him gain billions of dollars. In 1990, George Soros bet against the British pound. This saw George Soros earn a little over a billion dollars. George Soros also went on to bid during the Asian financial crisis.

George Soros began his philanthropy in 1979. His first initiative in the 1980s was providing scholarships to black South African kids whose education had been affected by apartheid. Soros then went on to create the Central European University after the fall of the Berlin wall. The primary aim of this university was to foster critical thinking. Soros is a great advocate for the rights of all humans and democracy. Many of his donations go towards ensuring a better life and equal rights for everyone. More than 30 years ago, George Soros founded Open Source Foundation; a collection of foundations that contributes to humanitarian projects in over 120 countries all over the world.

The Open Source Foundation, with George Soros as its chairperson, has seen too many humanitarian acts. Over the years, the Open Source Foundation has seen to the funding of charitable causes like the Ebola treatment centers and the setting up of art and culture centers. Over the recent years, George Soros, a major Democrat donor has focused most of his philanthropic efforts and those of Open Source Foundation towards the United States of America. Open Source Foundation has funded campaigns for the legalization of gay marriages and the rights of the LGBTQIA community. After the 2016 election, a wave of violent hate crimes hit the United States of America.

After the spike in hate crimes, George Soros pledged $10 million to the Open Source Foundation. The money was dedicated to the prevention of such hate crimes. Over the years, George Soros has donated more money to the Open Source Foundation. His contributions averaged $800 million to $900 million annually but have gradually grown up to roughly $18 billion over the past few years. According to the New York Times, the humanitarian footprint of the Open Source Foundation has been left in every part of the world. Every country has benefited directly or indirectly from the Open Source Foundations, and the ripples of the organization can be felt worldwide. Aside from the Open Source Foundation, George Soros also contributes to other organizations and movements that align with his principles. He has helped individuals and communities at large in realizing their goals in the various aspects of life.

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Early music career of Cassio Audi

Many people recently associate the life of Cassio Audi with business. Not many even know of him as a musician. He has been very conspicuous in the finance industry in recent times. Many people do not know that how was a founding member of Viper Rock Band. This is a group that engaged inactivates of composing and performing rock music in the 1980’s. This group was composed of Cassio Audio alongside other members of the group. Cassio Audi played the role of the drummer for the group. He worked very had to ensure that this group succeeded. He had joined the group as a teenager after completing his high school.

Cassio Audio was part of the group for about nine years. He would later leave the group so that he could concentrate on his studies at the university. This is how he got to be an important figure in corporate sector. Cassio Audio played his role diligently. He made sure that the instruments part of the music was well taken care of. He participated in numerous live performances that the group held to popularize their music all over the world. Although he was a drummer, he took some time to compose songs some of which formed part of the official album that they received.

Cassio Audi as a dedicated member of group made sure that the band performed to the best of its capabilities. For the time he was in the group he helped this band released two music albums. There was a do album and there was an official album. The official album featured some songs which were on the demo album although there was alteration that was made to make them better. Cassio Audi role in the music industry will always be remembered. He formed part of people who pioneered rock music and heavy metal genres in the region. In the whole of Latin America, this was the best group at the time. Viper Rock band continued with music after he was gone.

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Talos Energy and Hard-Working Professionals

A private firm has done something that hasn’t been done in close to eight decades now. It has placed a brand new offshore well in the waters that surround the North American nation of Mexico. This is part of Mexico’s attempt to give competitors from different countries the opportunity to access its energy world. Talos Energy, LLC. is located in Houston, Texas and collaborates with Premier Oil PLC in London, United Kingdom. Sierra Oil & Gas in Mexico works alongside Premier Oil PLC as well. Talos Energy and Sierra Oil & Gas started the well drilling project together in May of 2017. This has the distinction of being the only offshore exploration well that has been established by an entity that wasn’t Petroleos Mexicano since back in 1938. That year was when Mexico’s oil industry underwent nationalization. Petroleos Mexicanos is operated by the state.

Talos Energy describes an independent gas and oil firm that concentrates on both offshore production and exploration matters. The team members who work for Talos Energy have extensive experience that involves getting assets in locations that are within and close to the Gulf of Mexico and the Gulf Coast. Talos Energy’s employees know a lot about exploration and making the most out of all available assets. This company is at the helm of more than 33,000 square miles. This land offers 3D seismic data.

The leaders who work for Talos Energy are experts in many interesting topics. They have strong backgrounds in acquisition, commercial matters, operations and geology. They know the ins and out of the Gulf of Mexico. The management executives who work for Talos Energy know each other extremely well. The majority of these people have been collaborators since the beginning of the 2000s. Timothy S. Duncan serves as the Chief Executive Officer and President of Talos Energy. He works next to COO (Chief Operating Officer) and Executive Vice President Stephen E. Heitzman. Other leaders on the staff are Exploration Executive Vice President John A. Parker, Chief Financial Officer and Senior Vice President Michael L. Harding and General Counsel William S. Moss III.

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Talos Energy Exploration in Gulf of Mexico

For the first time in nearly eight decades, Talos Energy, a private drilling contractor has sunk a new offshore oil well in Mexico. That comes as the latest step in Mexico’s drive to encourage foreign investors to go back to its energy market. Drilling began on May 21 through a joint venture of Mexico’s Sierra Oil & Gas and Houston-based Talos Energy, and London’s Premier Oil. It’s Mexico’s first offshore exploration undertaken by anyone other than Petroleos Mexicanos, a state-run monopoly since nationalizing of its oil industry in 1938.

The Zama-1 well is located in the state of Tabasco along the Sureste Basin. According to Premier Oil, the well holds an approximately 100 million to 500 million barrels of crude. Experts expect to take up to 90 days to complete drilling at the cost of $16 million. The three companies won rights in the first round of bidding in 2015 after Mexico voted to privatize its ailing oil industry. It is Mexico’s first non-Pemex well to be drilled in Mexico as part of its energy reform process. According to Elaine Reynolds, a London-based analyst, this well will be keenly watched by the oil drilling industry. Its structure suggests that the project has high chances of success. Based on the impact of Zama-1 in the Mexican energy market, it’s one of the prestigious exploration wells ever drilled in the country. As the operator of the well, Talos Energy owns a 35% stake in the project.

About Talos Energy

Talos Energy is a Houston-based oil and gas drilling contractor focused on offshore exploration and production. It specializes in the acquisition of assets in and around Gulf of Mexico and Gulf Coast regions. Talos Energy focuses on exploitation, optimization, and exploration. It currently owns over 33,000 square miles of 3D seismic data that covers all the acreage in its portfolio. Talos Energy’s technical team are experts in data reprocessing to enhance the optimization of drilling inventory. That aids in the process of evaluating joint venture opportunities and acquisitions. Talos Energy has spent the past 70 years advancing its drilling techniques and well control technology.

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