Vijay Eswaran is a Malaysian businessman who has an estimated net worth of $500 million. He founded QI Group of Companies in 1998 which is a conglomerate that sells products and services through a network of independent distributors. His company has about $750 million in annual revenues and it active throughout most of Southeast Asia, India, and North Africa. He was born in Penang on October 7th, 1960 with his father being in the nonprofit industry and his mother a school teacher.
It was when he was attending Southern Illinois University to earn his MBA that he became engrossed in selling products and services through a distributed network of independent distributors. When he returned to Malaysia upon graduation he was recruited by Cosway Group who wanted to start doing business in that country using the multilevel marketing way of doing business.
Vijay Eswaran has spoken out against Trump’s tariffs on China. He says that while Donald Trump has said that it is China that is bearing the brunt of the tariffs that really isn’t actually what is happening. It’s actually hurting American companies and American consumers because they are the ones that pay for the tariffs, not China or Chinese companies.
It is importers that pay tariffs, not the country that is exporting products. This means that it is Apple, for example, that has to pay a 25 percent tariff when their iPhones produced in China are imported into America. They pass this cost onto consumers which can result in a massive slowdown in consumer spending leading to a recession. This is the reason that putting tariffs in place was dropped around the world decades ago because any country doing so hurts their own economy and citizens.
Vijay Eswaran says that this especially hurts small businesses who have to deal with importing costs that are dramatically escalating.
Philanthropy is not usual these days. In an age where people like to keep to themselves, people like Adam Milstein still exist although rare. Philanthropic requires dedication and more so self-motivation. The feeling of compassion and kindness exists in our human characteristics. A calling is what one would describe the works of Adam Milstein.
Adam Milstein and his wife Gila Milstein founded a family foundation. It was after Milstein had realized to some extent the Jewish community needs support in some regions of theirs. The foundation focuses on partnership development, fundraising to support advancement programs like education and continuity of Jewish culture. They say charity begins at home. This is a principle that Mr Milstein is trying to follow. The foundation strengthens ties between the USA and the State of Israel. To strengthen the people, Adam Milstein provides a path so that Jewish people can understand their origin.
The philanthropic work has three categories. These categories constitute the three principles of the foundation. The first principle is known as active philanthropy. The staff of the foundation is actively involved in this area. Like other philanthropic activities, the Milstein Foundation invest time, expertise and funds. The projects under this principle are handled directly by the foundation. The acts in this principle show the commitment of the organization towards achieving its goal.
The second of the principle is the Life Pact Impact. The law laid out by Adam Milstein seeks to find target audiences and carry out continuous engagement. The importance of this principle is to guarantee that the audience grows with the Jewish values. There are programs for different stages of life. For example, there are programs for children, adolescents, and adults. Adults undergo different phases in their lives, for this reason. There are programs for various stages in life as an adult.
Philanthropic synergy is the third principle. At this stage, Adam Milstein knows that he can collaborate. This principle works by organizations combining their efforts to support interactive programs.
Adam is also the co-founder of the Israeli-American Council. He is the chair. Adam and his wife founded Sifriyat Pijama B’America teaching Jewish values. Through his work, Milstein has shown an excellent example to the world.