George Soros Pledges $500 Million To Help Refugees

Billionaire philanthropist George Soros has recently pledged to donate $500 million dollars to help refugees and migrants. According to a report, the money will be earmarked to help businesses that are owned by migrants and refugees.

Soros stated that he will be investing in “startups, established companies, social impact initiatives, and businesses” founded by migrants and refugees. While his focus will be on refugees that are entering Europe, he will also be looking to invest money in good causes all over the world.

George Soors’ charitable donations are much needed currently. According to the United Nations, over 65 million people have been displaced due to war and persecution in 2015 alone. As war and terrorism rages in many parts of the world, many citizens will flee their countries in an effort to stay alive.

Soros has stated that these contributions will be considered as “investments” instead of grants on He has set it this way in order to prove that the private sector can play a role in helping migrants and refugees. He fully expects that these companies will turn a profit and that money will be able to help more refugees in the future.

George Soros has a unique perspective on the plight of refugees as he was one himself. He was born in Hungary in 1930 and grew up under Nazi occupation. As a teenager, he fled Communist rule and wound up as e refugee in London. There he went to the London School of Economic and later started his professional career on In 1993 he founded the Open Society Foundations, a charitable organization dedicated to fighting for human rights all over the world.

As one of the world’s most prolific philanthropists, George Soros has given away more than $12 billion in his lifetime. He has supported organization around the globe, fostering open governments, human rights, and social justice on Investopedia. This recent pledge to help refugees is just another in a long line of philanthropic contributions that has defined Soros’ life.

Dick DeVos’ West Michigan Aviation Academy: You’re Going to Love This School

The West Michigan Aviation Academy is a public charter school established by the billionaire and former President of Amway Corporation Dick DeVos. The tuition-free institution was established following encouragement from DeVos wife, Betsy DeVos. Following Dick and Betsy’s enthusiasm for education and aviation, they both established a school in the fall of 2010 locating it on the grounds of the Gerald R Ford International Airport.


History of West Michigan Aviation Academy


West Michigan was instituted in the fall of 2010 when 80 freshmen were admitted into a 25,000 square feet renovated office space that functioned as the first school edifice on the airport grounds. The school didn’t last for long before expansion plans were drafted.


After a period of 2 years, the school had acquired over 240 freshmen, juniors and sophomores in a brand new home measuring 42,500 square feet building comprising classes and offices. This new environment enabled not only growth and expansion in space but also curriculum, aviation programs and students life. This new building also provided WMAA a capacity to educate 500 students.


By the beginning of 2013-2014 year, West Michigan Aviation Academy was looking to increase their enrolment to a maximum of 400 students. Their first group of students graduated in 2014.


The mission of the company is to offer rigorous academic programs, through an aviation focus, preparing them for potential opportunities including career success, college achievements and engaged citizenship.


About Dick DeVos


The husband of Betsy DeVos, former chairman of the Republican Party in Michigan, son of Amway Corporation and founder of Richard DeVos. DeVos is significantly involved in matters of education, particularly the privatization of public schools. He has used his family’s fortune and name to establish a national network of federal groups, and political action committees that endorse the political arm of the school voucher movement.


Dick DeVos begin his career working for his dad’s company, Amway Corporation in 1974. Ten years later, he was appointed vice president to oversee the operations of the company in more than 20 countries.