George Soros Helping Build Better Tomorrow for the Next Generations Through His Financial Resources and Influence

George Soros has been the backbone of democratic support in the United States’ political landscape for the last couple of decades. He has been actively supporting the Democrats in their election campaigns to help them keep Republicans away from the power. George Soros is considered one of the most significant political contributors in the United States and has helped many political candidates from the Democratic Party to be elected.

George Soros provided finance of over $30 million for the Presidential Election in 2016 to support Hillary Clinton. George Soros is also one of the wealthiest hedge fund managers in the world with a fortune amounting to over $26 billion. In his lifetime, he has given away more than $30 billion towards charity, most of which channels through his charity foundation by the name of Open Society Foundations.

George Soros is fundamentally democratic liberal and believes equality for all, and it is because of this thinking, he wants to use financial resources he has earned to propagate justice, stop racism, rights of marginalized communities, and more. The Open Society Foundation started by George Soros has a connection with the charity organizations from across the globe, and helps different foundations to support local communities. In the United States, George Soros believes that injustice and suppression of marginalized communities have been at its peak in the last few years and that it needs to stop.

He has also supported movements like Black Lives Matter and Ferguson Protest for the same reason. George Soros is a wealthy billionaire, and he has the resources that he can put to use to fund movements and make it widespread. Having seen both the world wars that ever occurred, George Soros has a very clear-cut view of the politics. He believes that only those who believe in equality should come to power. It is for this very reason he supported Hillary Clinton in her presidential bid in whichever way he can.

George Soros was born in Hungary, but due to the Nazis occupation of his homeland, he had to flee to London with his family. In London, he studied business and economics from the world famous London School of Economics. While studying economics, George Soros vowed to go to the United States and try his luck in the most significant financial district of the world, Wall Street. So, without wasting his time in London after completing his studies, George Soros came to the United States for work. He settled in New York, which continues to be the financial hub of the United States. After shifting to the United States, he gained experience while working for some reputed banks before finally starting his hedge fund, which marked the first step of his new company Soros Management.

George Soros is known as a businessman and a philanthropist, who has a keen interest in politics as well. He believes that the people with power, money, and influence, should do their part of building a better tomorrow for the next generation. He recently announced the donation of some $18 billion to his foundation, Open Society Foundation. It is this donation that has made the charity organization, the second largest after the Bill and Melinda Gates Foundation.

Visit More : www.nytimes.com/topic/person/george-soros

Talos Energy Continues Their Expansion With New Mexican Well

For the first time since 1938 Mexico has stepped away from its nationalized oil industry and allowed a private, foreign company to sink a well in its waters. Just off the coast of Tabasco, the Zama-1 well, a joint venture of Talos Energy of Houston, Premier Oil of London, and Sierra Oil & Gas of Mexico, holds somewhere between an estimated 100 million and 500 million barrels of crude oil.

The well will be operated by Talos Energy, a company with humble roots that is making a big splash in the energy field, who owns a 35% stake in the well. Talos began with $600 million in equity from private backers and 15 employees and quickly expanded buying up smaller gas and oil producing subsidiaries and expanding rapidly.

The company has found success by promoting a dynamic workplace that they have built by attracting and recruiting only the most qualified individuals, and has been named one of the top small business workplaces in the country. Talos encourages the best out of their employees and opens the doors for individuals from every level of the business to share their ideas about how to improve the company.

The well itself is revolutionary, it is the first of its kind not own by state run Petroleos Mexicanos and is being carefully monitored across the industry, though early indications are that the site was a good choice geologically and the chances for success are high. Depending on the outcome, Zama-1 could become the template for how Mexico’s energy industry will operate in the future.

Drilling for the well was done by Sierra Oil and Gas, who own a 40% stake in it, back in May, and was funded by Premier Oil at a cost of roughly $16 million. Premier owns a 25% stake in Zama-1.

Visit More : www.talosenergyllc.com/about-us/