Category Archives: Philanthropic Leaders

The Functions Of Investment Banks In The Economy

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Investment banks are a major player in the economy. They help facilitate the movement of capital or money to businesses and people that need them the most. Investment banks loan out money to people to start businesses or to businesses that are looking to expand operations. For example, an investment bank can give out special loans for a company to purchase additional warehouse space, office space or manufacturing space. This in turn can stimulate the economy, by creating jobs, products and new wealth for an area. The investment bank, is a key player here.

Another way that investment banks help businesses raise capital is by helping them issue company stock and offering it for sale publicly on the stock market or privately to a limited group of investors. Investment bankers are considered experts at appraising the value of company stock and can set the price of company stock that they are offering for sale. Investment banks will also themselves buy company stock and later trade it in order to make a profit. This activity helps businesses raise money they need to hire new workers, expand a facility or launch a new product. Again, the investment bank can be seen as a facilitator and mover of capital from one player of the economy to the other.

The investment banker doesn’t just lend out money, issue stocks, buy stocks and sell stocks. They also offer financial consultation services such as helping companies go through mergers and acquisitions. They often act as middlemen or arbitrators between both parties. Their goal here is to ensure that a fair deal is done for their party and the best possible deal for their clients are reached. An investment bank can also help restructure a company to make it more productive. These are just some examples of the financial consultation services that they do.

Martin Lustgarten is an international investment banker that currently resides in Florida. He is originally from Austria, but has spent the bulk of his career in the South American nation of Venezuela. Martin has lived in Venezuela and speaks fluent Spanish in addition to German and English.

Mr. Lustgarten is the founder of boutique investment banking firm called Lustgarten Martin. It deals almost exclusively with investment in Latin America and provides investors an opportunity to invest in South America’s hottest trends. Martin Lustgarten is married and a father with several kids. His hobbies include collecting items such as luxury watches and spending time with his family.


The Charitable Works of Dick DeVos

Published / by wincare

It is inspirational when an individual or a family make the conscious decision to give back in gratitude for the blessings they have received in their lives. That is the case with Dick DeVos, an individual who worked his way to great wealth and along with his wife, Betsy, created the Dick and Betsy DeVos Family Foundation.  DeVos uses this foundation as a vehicle to manage the many charitable interests his family supports throughout the country and the world.

It was estimated that in 2013, their foundation donated $7 million through their foundation to charitable causes. The IRS reported that they gave 121 donations ranging in value from $1 million to $250. These  donations by the DeVos family have managed to lead to a real improvement in both their home state of Michigan and all across the world.

Congratulations to all the local residents and businesses who work hard to make West Michigan an incredible place to live, work, and visit!

Posted by Dick DeVos on Tuesday, January 26, 2016

It has been a productive 30 years that Dick and Betsy DeVos have been married and giving back has been a large part of their lives. Dick graduated from a public high school in Michigan and went to Northwood University. He began his career by going to work for the Amway Corporation, working his way up to vice president of Amway International in 1984.  He was very successful in building their expansion into 18 countries and in 1991 DeVos became President of the Orlando Magic NBA basketball franchise. It was in 1993 that he returned to Amway as President and again had the magic touch that led to unprecedented sales and profitability.

Giving back has been important from the beginning for the DeVos family. They have put their personal interests and charitable donations into many worthy projects including, Willow Creek Association, West Michigan Aviation Academy, Spectrum Health System, RDV Corporation, Revitalizing downtown Grand Rapids and Regional Air Alliance of West Michigan. With each donation, Dick is a living example of the value of giving back to the community and the power that gift can have to make the world a better place.

Learn more about Dick from his Wikipedia page: