Jed Mccaleb Benefaction In The World’s Financial Sector

Jed McCaleb is a wealthy successful entrepreneur who resides in the United States California. He is the co-founder of Stellar. Stellar is a private financial organization whose primary objective is to create a financial network between the low-income earners and the financial institutions. His idea for this company was lured by his experience being the co-founder of the first bitcoin. While running the bitcoin, he identified a gap that needed to be filled I the world’s financial sector. He saw that bitcoin is a business that involves the transfer of value of currencies from one person to another, but most of the adult population, especially in the developing countries, had no access to the banking services.

As a result, Jed McCaleb thought of starting the Stellar organization to come in between the low-income earners and the financial institutions. This is because most of the banks do not afford the maintenance costs to serve those people who come from the low-income areas especially the rural areas. His reputation as a co-founder of the bitcoin gave him the privilege to get a loan from one of the financial institutions which acted as his main starting capital for Stellar. Stellar has now become one of the most successful organizations in the world. It improvised ways in which money can be transferred online easily.

As a result, most entrepreneurs in the world have opted for Stellar to provide them with loans especially for starting capital and most of them are from the developing countries. Jed McCaleb main objective was to make the lives of the people easier through increasing the efficiency in the financial sector. Most of the people had to incur massive amounts of transaction coats when transferring money from one person to another since most them did not have bank accounts. Thus, some had to travel long distances to pay bills, borrow loans and other financial transactions.

The services provided by Stellar have greatly contributed to the growth and development of many countries especially in the third world countries by increasing their economic status. This is because online money transfer consumes less time and hence economic activities are now carried out effectively thus increasing the gross income of those countries.

New Times Media

Sharon R. Bolton recently solidified President Donald Trump’s decision to pardon Maricopa County’s former Sheriff, Joe Arpaio. The controversial Sheriff made headlines for a number of violations against the rights of Maricopa County’s minority community – a trend that Jim Larkin and Michael Lacey covered extensively during their time as the heads of New Times Media.

The prominent newspapermen engaged in a longstanding beef with the former sheriff which eventually resulted in their false arrest. While the charges were dropped almost immediately, it resulted in a three-year court battle with Larkin and Lacey eventually coming out victorious. They were awarded a $3.75 million settlement that they used to begin the Frontera Fund.

1970 marked the beginning a shift in culture regarding the climate of America, as well as the traditional news outlet. On college campuses and major cities across the United States, tensions began to mount, causing a myriad of protests from the anti-war crowd, as well as the rise of self-published alternative newspapers. Read more: Jim Larkin | LinkedIn and Jim Larkin | Angel.co

After the Kent State Killings, which resulted in 13 students either dead or severely injured, Jim Larkin and Michael Lacey were moved to create a voice that reflected the feelings of the people, without the conservative spin often placed on the events of the time.

Later that year, Michael Lacey, who had already dropped out from Arizona State University, joined by Frank Fiore, Karen Lofgren, Nick Stupey, and Hal Smith, published the inaugural issue of Phoenix New Times, to immediate acclaim amongst the anti-war crowd.

With Michael Lacey heading the editorial processes of Phoenix New Times, and Jim Larkin, who joined two years later in 1972, heading the marketing, the publication saw significant growth throughout the decade. Learn more about Jim Larkin and Michael Lacey: http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/michael-lacey/ and http://www.bizjournals.com/phoenix/potmsearch/detail/submission/6427818/Michael_Lacey

In a short time, major corporations such as J.C. Penny began using the budding newspaper to publish full-page ads. Covering a variety of political and social issues, the Phoenix New Times began seeing exponential growth, particularly with the implementation of the satirical cartoons of Bob Boze, as well as the addition of personals columns.

In 1983, the New Times brand would experience the biggest jump of its decade-plus existence, acquiring the Denver, Colorado-based publication, Westword. Created by Patricia Calhoun, Westword began seeing a decline since its initially successful run but saw a swift rise back to prominence under the watch of Jim Larkin and Michael Lacey.

This acquisition would eventually lead to New Time Media’s purchase of 17 additional like-minded publications, including Miami New Times, LA Weekly, OC Weekly, Nashville Scene, and the originator of alternative news, the New York-based, Village Voice.

Through its continued dedication to First Amendment rights, as well as its narrative journalism, New Times Media would garner a myriad of awards over the next four decades, including the Pulitzer Prize in 2007.

In 2013, having decided to step away from the brand they’d built from the ground up, Jim Larkin and Michael Lacey sold the company, in order to focus on other ventures, such as the Frontera Fund.

They recently returned to narrative journalism with the launch of FrontPage Confidential, which continues the traditions created with New Times Media decades earlier.

Philanthropy Remains Important To DAMAC Properties Founder Hussain Sajwani

Hussain Sajwani is well known across the world for the success he has achieved as a luxury real estate developer who has created a long line of apartment complexes targeted towards some of the world’s richest people. The first development completed by the DAMAC owner was a block of luxury apartments in one of the least developed parts of Dubai; despite this being the first attempt at a luxury development, Hussain Sajwani sold all the units at his first attempt six months before ground was broken on this impressive development. Surviving the 2008 global economic crash was not a difficult thing for Hussain Sajwani who now hopes to give back to the people of Dubai through his philanthropic activities. Learn more: http://hussainsajwani.com/

 

Creating a close working relationship with some of the world’s leading politicians and real estate developers have been an important part of the work of Hussain Sajwani and resulted in him rising to the top of the luxury real estate development sector with his own DAMAC Properties brand. Alongside becoming a real estate partner of U.S. President Donald Trump, Hussain Sajwani has become a close compatriot of members of the UAE Royal Family who he has become an important member of the philanthropic group of on an annual basis.

 

Each year as Ramadan approaches members of the UAE Government take part in an annual drive to provide clothing and food to members of low-income families across the nation in a positive and charitable way. A recent donation to this fund by DAMAC Properties and Hussain Sajwani is reported to have provided funding to clothe as many as 50,000 children who are living in the poorest conditions across the nation; the program is a joint initiative by the government of UAE, the Red Crescent humanitarian group, and private donors such as Hussain Sajwani.