Randal Nardone Makes History on the Forbes List of World’s Billionaires

One of Fortress Investment Group’s founders, Randal Nardone is one of the richest investors in the world which resulted in Forbes recognition. Since 1998, he’s built reputable positions as principle, president, vice president, director, chairman, chief operating officer, and chief executive officer. After 15 years serving as a principle for the Group, Randal accepted the executive role as CEO overseeing and managing assets for institutions and accredited investors. His profile on Bloomberg states he is a principle of subsidiaries including Fortress’s Credit Corporation, Investment Fund IV, Investment Fund V, and Registered Investment Trusts. Before joining one of the largest investing management firms worldwide, he served as managing director at UBS from 1997 to 1998.

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Randal Nardone made history in 2007 when he made the list of billionaires in the world by Forbes. He was number 557th on the Forbes List with a net worth of $1.8 billion which included 53 million shares worth over $1.5 billion. Before 2007, Randal and the other principles sold a minority interest to Nomura, an investment firm in Japan for $890 million. He earned $100 million in net cash payouts two years earlier. His decision to leave law and pursue a career in investing management is paying off enormously.

Towards the end of December 2017, SoftBank Group Corporation completed an acquisition transaction to purchase Fortress Investment Group. The company purchased the Group and its subsidiaries for $3.3 billion giving its principles including Randal Nardone authority to run the firm. He will co-lead the Fortress team with Wes Edens and Peter Briger and maintain the firm’s business model, brand, and cultural environment.

Randal Nardone and his partners oversee and manages approximately 1,700 plus clients worldwide for Fortress Investment Group. He became a billionaire through a strategic partnership with Robert Kauffman, Wesley Edens, Pete Briger, and Michael Novogratz. Before his success as a portfolio manager and investor, Randal attended Boston University and the University of Connecticut earning a J.D. and a bachelor’s degree in Biology and English. Today, he serves on the board of directors for Springleaf Finance, Springleaf REIT, and Florida East Coast Holdings Corporation.

Read more on https://www.crunchbase.com/person/randal-nardone

 

Fortress Co CEO and Principal Peter Briger

Peter Briger is one of the top managers of the investment firm Fortress Investment Group. He is currently a member of the firm’s management committee as well as serving as both one of its principal’s and as the co chief executive officer. He has been with the firm for nearly two decades. Prior to serving as a high ranking executive with Fortress Investment Group, Peter Briger was a member of Goldman Sachs which is another leading investment firm. When he was with Goldman Sachs, Peter played a major role in its expansion into other global markets. With his success in the financial services sector and as an executive, Peter has been able to establish himself as one of the richest Americans according to Forbes. As of today, he is on its list of billionaires.

Before starting his career in the financial sector, Peter Briger completed a couple of educational programs. His first educational program was an undergraduate bachelor’s degree. Peter attended the Ivy League school Princeton University. This allowed him to gain the necessary credentials to pursue a graduate degree in business. Shortly after completing his undergraduate education at Princeton, Peter would attend the University of Pennsylvania and complete a MBA degree at its renowned Wharton School of Business.

For a number of years, Peter Briger worked at Goldman Sachs. This would go down as one of his most notable career experiences. As a member of Goldman Sachs, Peter spent much of his time overseeing and managing the firm’s credit securities division. While in charge of this department, he would focus on expanding the firm into Asia. Briger was a key contributor to the firms’ expansion into this vital world market. Peter was a member of many committees that were associated with Asia. This allowed him to set goals, devise strategies and also help establish a strong presence in the Asian markets. Briger was eventually rewarded by being named as a partner of the firm in 1996.

Peter Briger has been quite active in the community during his career. When he was living and working in New York City, he helped maintain the Central Park Conservatory. While in San Francisco, he was a valuable contributor to helping with its housing crisis. Peter Briger helped a number of low income families get the affordable housing they needed. With his contributions to the community, Peter has provided a positive impact outside of his career field.

Learn more: https://entrepreneurs.princeton.edu/people/peter-briger-jr-%E2%80%9886

 

Richard Shinto and Penelope Kokkinides’ robust leadership

Innovacare Health is the leading health care facility in the North American Region with over 7500 employees who are dedicated to their work. It is made possible through its robust leadership team lead by Rich Shinto and Penelope Kokkinides. It is aimed at being the leading health provider in the entire region.

The leadership of this reputable health facility understands their roles and do precisely that. It is made of experts with proven records of aiding healthcare organizations to meet their growing demands. They have made the partners of InnovaCare Health to trust the facility for its value-based models that are aimed at improving quality, margins, and engagements.

Penelope Kokkinides

She is the current Chief Administration Officer at InnovaCare. She came back to serve the company in June 2015. She has worked for various government facilities since her graduation from the University of Binghamton with a degree in Biological Sciences and Classical Languages. She is also a holder of a master’s degree in social work from the University of New York. She did her postmasters’ degree in Alcohol and substance abuse from Columbia University School of Public Health.

Her previous work experience

Penelope Kokkinides has held several positions before joining the InnovaCare Health as the Chief Administration Officer. She served as Executive Vice President and Chief operating officer at Centerlight Healthcare. While at Centerlight, Penelope Kokkinides was responsible for the overall management and strategic direction of the managed care division. She also served as the Chief Operating Officer at Touchstone Health and Corporate Vice President for care Managing and Disease Management at AmeriChoice.

It was the business unit of UnitedHealth Group. At this facility, Kokkinides was instrumental in developing and implementing the health model of this company.

These and many other experiences like the 20 years’ service in the government programs make her fit for the position of Chief Administration Officer of this innovative and reputable health facility.

Dr. Richard Shinto

He is the current president and the chief executive officer of InnovaCare Health. He has more than 25 years’ experience of clinical and operational healthcare in managed care. He is well known for innovative, physician-led care models that value quality financial performance and patient satisfaction.

He served as the CEO in Puerto Rico through MMM Holdings that includes MMM Healthcare. It is the most massive Medicare Advantage plan in the region helping over 250,000 people. Apart from working for InnovaCare Health, Rich Shinto has served as the CEO and President of Aveta Inc until its sale. He also served as the CEO of NAMM California among other positions.

He won the medical Access award owing to his hard work and teaching of his patients how to live a healthy life. He also does other charity activities that have made him loved by his patients and the community.

http://innovacarehealth.com/

Richard Liu Qiangdong: A Force To Reckon With

Richard Liu is an international figure famously appreciated for his prowess in pioneering investments. Most people know him courtesy of JD.com, one of the leading e-commerce platforms in China. Richard Liu, whom Forbes reports to have a net value of $1 billion, serves as the Chief Executive Officer of JD.com. The remarkable success of the reputable online bazaar is attributed to the able CEO. Liu is a real influencer and an achiever who has stirred the firm to its current status. Go Here for related Information.

 

Richard Liu Qiangdong pursued a degree in sociology from the Renmin University of China. This was back in 1996 when Richard Liu had a great interest in computer programming. Liu honed his programming expertise through freelance coding jobs, and this gave his career a significant value. The business magnate enrolled at China Europe International Business School for an EMBA, after which he assumed office at Japan Life.

 

Impressive Accomplishments Of Richard Liu Qiangdong

 

At Japan Life, Liu Qiangdong served as a Director for both business and computers amidst other influential roles. The go-getter in him inspired his opening of an optical products shop in Beijing, which he named “Jingdong.” The venture developed rapidly such that by 2003 it had more than 12 stores. Unfortunately, SARS outbreak jeopardized Jingdong’s potential because both customers and staffs alike had to be home-bound. This challenge got Richard Liu thinking beyond brick and mortar. The SARS epidemic was a blessing in disguise to Richard Liu Qiangdong.

 

In 2004, JD.com was conceived, and it only took one year to have all the 12 physical stores closed. Richard Liu decided to focus all his attention on the online platform, which he used as an avenue to sell out an array of high-quality consumer products. JD.com is growing at a rapid rate like Alibaba, and rivalry between the two e-commerce moguls is imminent. Mouthwatering deals have been coming JD.com’s way, among them being Tencent of WeChat acquiring a 15% stake for $215 million. Richard Liu’s dominant and aggressive personality has made him an internet icon in China and beyond.

 

Because of Qiangdong’s success in selling other goods online, Richard Liu Quiangdong has now been ranked by Business of Fashion as a top 500 “Most Influential Person In The Fashion Space”. Fashion is, of course, a $2.4 trillion market on its own.

 

Visit Liu on https://www.crunchbase.com/person/qiangdong-liu

The Goourmet Coffee Company, Organo Gold, is Increasing in Sales Worldwide with Their Unique Ganoderma-infused Hot Drinks

Organo Gold carries rich, Columbian coffee and delicious herbal teas that have been infused with a super-nutritious mushroom called Ganoderma Lucidium. In 2008, Organo Gold was founded by Bernardo Chua who had previously founded Gano Excel, which was a direct sales company using the herb in Ganoderma supplements. Based in British Columbia, Organo Gold has now been introduced into over 50 countries through their nutritious and delicious blends of coffees and herbal teas.

Ganoderma is a mushroom that grows in the Asain Mountains. Bernardo Chua grew up in the Philippines, and his mother, who was from China, used the Ganoderma throughout his childhood. He knows first-hand the incredible health benefits of particular mushroom. Early in his career, Chua decided that he wanted to introduce Ganoderma Lucuidim to the western world and eventually to the entire world; he wants everyone to experience the amazing benefits of this super-food. Ganoderma is packed with super anti-oxidants that are extremely beneficial for the immune system, and research has shown that many illnesses and diseases can be improved or prevented by using this ancient herb.

Organo Gold and Bernardo Chua have won several awards worldwide for the Ganoderma infused coffee. The People’s Awards honored Organo Gold as the “Number One Global Network Marketing Company” in the Philippines, and twice Bernardo Chua won the Dangal ng Bayan Award as “Outstanding Global Entrepreneur.” Organo Gold is sold through direct sales and networking, so anyone across the globe is able to have these delicious drinks simply by ordering on the website.

Organo Gold now has over one million distributors and holds 55th place in all the international direct marketing companies. With Chua’s intense enthusiasm for the products, he continues to educate people about Ganoderma, and the company continues to expand around the world.

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Effects of the Amex deal on GreenSky’s performance and operation

GreenSky is said to have won a jackpot after its recent partnership with American Express. This FinTech Company is privileged to have partnered with American Express as they now have access to the company’s merchant base. GreenSky is not the only one expected to benefit from this merger, its merchant anticipates gaining in the next couple of months.

GreenSky’s change projection

The company looks forward to increasing their merchant base from the current 13,440 to about 30,000. The transaction volume of each merchant is also expected to stabilize. In the years 2015-2017, the company experienced a drop in merchant volume from $409,000 to about $346,000. With the new partnership, the volume is anticipated to reach $290,000. Merchant transaction fee will also reduce to attract more organizations.

Customers are also expected to profit from this union. The company expects to increase client accounts to twice the existing number. Fortunately, loans per client account and loan fees will not be affected in any way as this deal will not alter any of these sectors. Additionally, the EBITDA margin will remain the same as the Amex deal has minimal or no effect on the company’s operating costs.

About GreenSky

GreenSky is a company that pioneers in the issuance of loans through banks and merchants. Some of the organizations it works with include Sun Trust Banks and the Regional Financial Corp. The organization offers financial credit to customers looking to access specialized healthcare such as cosmetic surgery and home improvement solutions. The institution caters to customers scattered across the United States but the company’s headquarters’ is in Georgia. Since 2012 to date, the company credit program has offered loans to consumers worth billions of dollars.

GreenSky does not operate as a bank. In fact, it considers itself a tech company and employs a credit program that is SSAE 16 Type II compliant. By 2015, the firm was looking to set up operations in the Cincinnati area and parts of Kentucky. This financial organization is considered a profitable institution. In 2016, its chief executive officer David Zalik was recognized as the National EY Entrepreneur of the Year for stabilizing the firm. Recently, the company launched an Initial Public Offering that saw the issuance of shares worth 34.09 million.

https://www.forbes.com/sites/greatspeculations/2018/09/05/greensky-now-looks-undervalued-given-strong-q2-performance-alliance-with-amex/#5d78658d5eda

Vinod Gupta Gives Back To Education

 

The Indian-born business leader, Vinod Gupta is living the dream of many employees who wish their work would turn into the foundations of a new company. After completing his initial studies at the Indian Institutes of Technology, Gupta was told to compile a marketing list for his mobile home component manufacturer employer. The University of Nebraska at Lincoln graduate spent his free time working on creating a list which had never been attempted before and took it to the open market when complete.

Over the course of 20 years, Vinod Gupta created InfoUSA and saw its value rise to more than $500 million by the early 90s. The company continues to be a success for Gupta, but the founder has seen his priorities change as he has grown older. As he has taken a less front seat role in the development of InfoUSA, Vinod Gupta has moved to the front of a series of philanthropic causes such as the education programs remaining close to his heart. Go Here to learn more.

Among the projects closest to the heart of Vinod Gupta is that of the school of management named after the investment specialist at the Everest Group. The Vinod Gupta School of Management received $2 million from the founder to establish the only higher education institution of its kind on the Indian Subcontinent.

The school at the Indian Institute of technologies is just one of those benefitting from the good works of Vinod who has also aided the establishment of the Ram Rati Gupta Polytechnic which advocates to Women’s Education by specializing in business courses for females. Education is obviously one of the key aspects of the work of Vinod Gupta as he has provided funding to build schools across many impoverished parts of India.

 

More about Gupta on https://ideamensch.com/vinod-gupta/

The Philanthropic Efforts Of Vinod Gupta

 

Vinod Gupta is a successful business person. Gupta has done a lot in business and philanthropy. Although he has scored very well in business, he is trying to make a bigger change through philanthropy. He is supporting the operations of other people. He has already succeeded, and the only thing he feels he should be doing now is to light the candle for others. He is doing this by supporting struggling businesses and startups to become better businesses. He has amassed knowledge from the decades he has been running his database company. He knows how to make a business successful. Everest Group is a venture capital firm that he is working with to accomplish the mission of mentoring other entrepreneurs who are struggling and who are in undervalues sectors.

 

Away from business, Vinod Gupta is showing great character as a successful person. He is supporting the development of education centers in India. One of the things he has done is to donate $1 million to a village polytechnic in the area he was born. The village polytechnic gives access to Women’s Education and since it was built. It has helped many women to earn postgraduate degrees. The aim of the initiative I to help women learn about technology and become independent financially. Most of the courses offered in this institution are aimed at equipping women with knowledge about technology.

 

Apart from this institution, he has gone to his Alma mater, the IIT, where he has established tow schools. There is the Vinod Gupta School of Business School of Management and a law school aimed at protection of intellectual property. All the efforts Vinod Gupta is showing towards education are aimed at supporting the underprivileged. He was in the same situation when he was growing up, and now he wants to change the story for hundreds of young people who are in the same situation.

 

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The Famous British Entrepreneur Shiraz Boghani

Shiraz Boghani is a chartered accountant, businessman, and entrepreneur who live in Harrow, Londo. He has launched several top performing hotel chains and also boasts of being a co-founder of a company in the healthcare industry. The dynamic entrepreneur has received high praises around the world for his role which has also seen him win the Hotelier of the year award 2016 at the Asian Business Awards.

One of his top achievements is that he was the first person to start developing limited service branded hotels. He now has over 25 such projects under his belt. Currently, Shiraz Boghani is the chairman of the Splendid Hospitality Group. With over 30 years’ experience in the hospitality industry, he has been able to achieve tremendous success in the extremely competitive hotel industry. On top of this Shiraz Boghani also manages his trading hotels which are about 20 in number.

If you were to ask what makes Shiraz tick as a phenomenal entrepreneur giant , this would be his determination and hard work. He started as an accountant from Kenya after he arrived in the UK in 1969 whereby he went straight ahead to join the chartered accountant firm and later went to the renowned McClintock. As an accountant, he can put his skills as an accountant to use whereby he helps the organizations he works with reap the maximum output. He has been able to ensure that the Splendid Hospitality Group which he manages only uses the latest technology system as well as ensuring that they get the maximum marketing and service delivery. Read more on https://angel.co/shiraz-boghani

Over the course of his career, Shiraz has put his efforts into developing leading healthcare business which aims at providing the best available care for the members of the Sussex community who need such attention. In addition to this, he also gives back to the community by being part of various charitable drives as well as voluntary organizations.

Conclusion

Looking at the various achievement of Shiraz Boghani it’s easy to see why he was voted in as the best hotelier of the year 2016. He is an innovative and straight thinking individuals who aim at doing every project he starts a success.

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Louis Chenevert, The Brilliant Mind Who Worked For UTC, Goldman Sachs, and PWC

“I can go into a factory and in 15 minutes tell you whether things are working right. It takes Louis 15 seconds.” This is a remark made by George David about his successor at UTC, Louis Chenevert.

Louis Chenevert’s success came about by knowing what he ultimately wanted and working hard to get himself there.

He was born in Montreal, Quebec in 1958, and enjoyed a normal childhood. Louis gradually gained interest in business entrepreneurship from a relatively young age. He did not doubt that success would come with hard work.

Chenevert attended the HEC Montreal Business School, at the University of Montreal, Majoring in Production Management. When working in the Production Management, one ensures produced goods are of good quality at the correct quantity, and are produced at optimal speeds maintaining minimal cost to maximize profits.

After Montreal Business School, Louis landed his first role with General Motors in Quebec, where he would be for the next 14 years, before transitioning into the aerospace industry. The company he joined, Pratt and Whitney Canada (PWC), a division under Pratt and Whitney (P&W) which is incorporated under the United Technologies Corporation (UTC) umbrella based in the United States. In 1996, Louis Chenevert moved to P&W and became president in 1999, just three years after joining the firm.

While the market at the time was on a downturn, Chenevert through his efficiency, aggressive adaption of technology and leadership, made a series of improvements to insulate the firm from the loses most firms were getting at the time.

P&W aircraft engines are used both in military and civilian aviation. The company that designs, manufactures and services aircraft is among the market leaders raking in over a billion dollars in profits every year.

Currently, P&W has over 33,000 employees. This, in addition to the profits P&W, brings in, is quite an accomplishment, even for this high achiever. Fast forward to April 2008, and Louis Chenevert again found himself at the helm of UTC, succeeding George David as CEO and President. In 2014 when he retired, the stock stood at an impressive $117 a share, up from $37 a share!

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html