Forbes’ Billionaire Randal Nardone did not get to #557 for just anything. With a doctorate (J.D.) from Boston University School of Law and a Bachelors in Arts in English and Biology from University of Connecticut, he founded the Fortress Investment Group where he serves as Chief Executive Officer and Wes Edens, both very notable names in the financial field. Starting as a lawyer, he transitioned into finance by working for Thacher Proffit & Wood as a partner, BlackRock Financial as the principal, and even the Union Bank of Switzerland. Even though he did well in these very prolific businesses, he was not satisfied until he established his own great company in 1998. With this, he has earned his spot on the Forbes Billionaire list with a net worth of $1.8 Billion. How? Randal Nardone owns more than 50 million shares worth $1.6 Billion. Since 2005, he has earned a $100 million more in net cash payouts. Fortress Investment Group manages more than $70 billion in alternative assets like private equities, credit funds, and liquid hedge funds. The Group sold the minority interest to a Japanese investment firm, Nomura, for $890 million. In 2014, he was awarded “Hedge Fund Manager of the Year” from Institutional Investor and “Management Firm of the Year” from HFMWeek, not to mention the many other awards given in the previous years.
Besides Fortress Investment Group, Randal Nardone also has worked in different sectors of companies like Fortress Credit Corporation as the co-founder and principal, Fortress Investment Fund, Fortress Investment Trust, Springleaf Financial Holdings, New Castle Investment Holdings, as well as many others. Even more recently, planned out on February 14th, 2017, SoftBank Group bought the company for $3.3 Billion. This acquisition was completed just last December (2017). With this new development, the management of Fortress Investment Group will definitely change, but Randal Nardone will still be a part of the new management. I guess you can say he’s not ready for his baby to grow up just yet. Read full article
Hurricane Harvey dropped across Houston neighborhoods living havoc with the 56 inches rain that poured for the entire time. People watched helplessly as the floods swept homes, destroyed properties and took Americans lives. Stream Energy, a Dallas, based company, couldn’t just wait as thousands of stranded Americans went through the ordeal and lost in its aftermath. It gathered enough resources and without hesitation became one of the first company to help in the recovery in whatever way necessary selflessly. They, for instance, spend thousands of dollars easing the financial burdens of the affected Americans.
Stream Energy envisions a society that is prosperous and with a population of people with better livelihood, education, and environment. For this reason, corporate philanthropy is part and parcel of the company’s existence. It is an ingrained element in Stream’s DNA as seen by its recent launch of one of a kind charity foundation named “Stream Cares” that aims to coordinate, formalize, and extend the ongoing philanthropy work that it has tirelessly carried out for almost a decade and a half. Stream cares foundation has proved that Stream Energy genuinely cares for its clients, and it has shown an exemplary example with Hurricane Harvey where it demonstrated that charity and philanthropy is a critical part of its brand and mission. The corporate lead as a textbook example in using more than money to ensuring that it properly gave back to the society through not only assisting in the rebuilding of destroyed properties but by also taking a mile further and help in restoring human dignity.
Stream Cares and Stream Cares Foundation was launched as different philanthropy arm to function separately from the energy sales business purposely to support communities in need and fund local charities throughout Texas, its environs, and all over the country. This approach has numerous advantages such as the company is enabled keep its commitment of giving back to the community without fail, while simultaneously enhancing its reputation to the public and creating unwavering loyalty of potential clients in the society. In an aim to solidify its dedication to taking care of the society, Stream Energy has established a long-term relationship with humanitarian agencies such as Red Cross and Habitat for Humanity to reach all communities from their grassroots.
Sahm Adrangi, the astounding businessman began his education at the prestigious Yale University. He began his education in 1999 and completed his education in 2003. After he graduated, he began to work as an Analyst at Deutsche Bank from early 2004 to late 2005. He was part of the leveraging finance group where they dealt with bank debt and high yield bond financings.
After leaving Deutsche Bank, Sahm Adrangi joined Chanin Capital Partners, an investment bank located in Los Angeles and New York until 2007. At this company, he served as the analyst in the bankruptcy restructuring group. He then went to work at Longacre Fund Management LLC for almost two years. Here, he focused on credit investing, such as bank debt, high yield bonds, trade claims, etc. in the United States and Europe.
Moving up, Sahm Adrangi then began working at Kerrisdale Capital Management LLC in New York. Founded in April of 2009, Adrangi played a role in the founding of the corporation. For a little over nine years, he has been working as the Chief Investment Officer. Kerrisdale Capital Management LLC is an investment management firm. They are widely known for short selling and publishing research. They also share their views on stocks that are misunderstood by the market. The research they do is to correct misconceptions about companies’ business prospects. They share the findings of their research on their website and “third-party investing-related” sites. When the firm was first founded, they began with less than one million dollars, and as of July 2017, they manage around 150 million dollars.
In the midst of running Kerrisdale Capital Management LLC, in 2010 and 2011, Sahm Andrangi had the chance to make a name for himself. He became well-known after exposing fraudulent Chinese companies, such as China Marine Food Group, Lihua International, China-Biotics, and others. He made it so that these corporations had to go through enforcement actions by the Securities and Exchange Commission.
Sahm Adrangi has worked endlessly since the beginning of his education, from working tirelessly at corporations to founding his own. He has built a great name for himself and continues to do so.
If we were given the task of describing the incredible career of Ronald Fowlkes, there is no good description of it that would no be deemed an understatement. In reality, when we consider the vast amount of work he has put in over the course of his career, it really is no surprise that he has accomplished so much. Ronald Fowlkes has managed to create a career for himself that not too many of his peers can compare to. As amazing as that sounds, what is more, amazing is the fact that Ronald Fowlkes is far from adding to his already incredible career. Having years of experience under his belt, Ronald Fowlkes has truly set the bar for what it takes to be a successful and well-rounded professional. In other words, Ronald Fowlkes is as accomplished as it gets as a leading businessman. If we had to put it simply, Ronald Fowlkes is the standard of excellence in his profession. With all of that said, there is no denying Ronald Fowlkes effectiveness to his work field. So, to fully understand what he has done and how he has managed to succeed, here is more on Ronald Fowlkes and his illustrious career accolades.
More on Ronald Fowlkes & Career Accolades
As alluded to before, there are not too many things that Ronald Fowlkes has not done over the course of his career. As a true professional, he has been apart of multiple business avenues that have benefited him along the way. For one, Ronald Fowlkes served as a defense contractor for the United States Army undergoing various military operations. IN addition to that Ronald Fowlkes also served in the marine corps himself for a period of years, earning much of the respect he has today. Worth mentioning, these are just two of many highly-regarded positions he has had in his career. Currently, Ronald Fowlkes has the role of Business Development Manager of Law Enforcement. Under this role, Ronald is tasked with over viewing production for a company on a nationwide scale, the guidance of over 150 employees, and other similar duties were given only to leaders such as Ronald Fowlkes. Also worth mentioning, Ronald has benefited his company tremendously with his brilliant tactics. In fact, Ronald himself has also been benefited from the companies overall success. This just goes to show how effective. Ronald Fowlkes is as a professional. All in all, Ronald Fowlkes is more than deserving of all the recognition he gets on a daily basis today. His years of experience combined with the respect he has earned as a working individual, are just some of the many reasons he has such a high level of status in his field.
Hussain Sajwani is the Founder and Chairman of DAMAC Properties, which is a global property development company. The idea for DAMAC Properties came to him when he realized that he could go into business for himself and make a lot of money. Sajwani had grown up working for the family business at a young age in his spare time after school, and this had already sewn the seeds of entrepreneurship into him. After attending a university in the United States, he got a job and worked there for a couple of years, and this is when he knew he could make more money on his own. He next decided to use the money he had been earning on the side through time-share apartment sells to start his own catering business. This saw great success, and he used it as a springboard to begin developing small hotels. Eventually, he developed more and more properties, which was the beginnings of DAMAC.
When asked about a trend in today’s world that he finds exciting, Hussain Sajwani commented that social media and digital marketing intrigues him. From its humble beginnings to what it has become now, he finds it fascinating that people now have access to businesses and that even the people of a country can communicate with their government better. He also acknowledged that he uses social media and digital marketing as a large part of the marketing efforts of his company, DAMAC.
Hussain Sajwani was asked if he would give any business secrets away, in a recent interview, and he advised people to invest in real estate. Rather than just investing in the general real estate, he advises that people consider putting their money into real estate that exists in international cities that are sure to grow. Sajwani has expressed that this is the best way to avoid the short-term rises and falls in the real estate market. He also remarked that it is best for people to make their real estate move now rather than later, because real estate that is located in a good location will almost always increase in value.
Notable American developer and blockchain cryptocurrency specialist Jed McCaleb is recognized for his extensive contribution in the blockchain world such as founding Mt. Gox, the leading and first Bitcoin market in the world. Jed has been committed to many different pioneer projects like as eDonkey, one of the first ever peer-to-peer decentralized file-sharing networks. Jed founded eDonkey in 2000 and developed by Jed and his fellow programmer Sam Yagan.
In 2014, Jed started his newest venture, Stellar. After identifying notable defects in the global economic system, Jed collaborated with Joyce Kim to cofound Stellar Development Foundation where he now serves as CTO. Jed manages the technological construction of Stellar (a universal monetary network centered on increasing financial participation/inclusion).
McCaleb has continually spent lots of resources and time thinking of methods of enhancing existing/modern technologies and discovering ways of resolving problems in our world utilizing these technologies.
According to a new interview by IdeaMensch, Jed perceived the concept for Stellar after recognizing what Bitcoin was (a dispersed database) and learning the many obstacles that could be resolved utilizing the unique technology behind Bitcoin/blockchain.
According to McCaleb, Stellar intends to unite those people that are currently underbanked in this world, which according to the newest World Bank statistics, is 2.5 billion. Financial companies are incapable of offering help to low-income people due to the high costs connected to serving this population. According to McCaleb, Stellar was begun to join different, siloed businesses together to support affordable and seamless money transfer by an open-source financial system.
When Jed isn’t working with Stellar, he uses a lot of his time investigating the potentials of Artificial Intelligence. That is exactly why Jed is involved in MIRI (Machine Intelligence Research Institute), a not for profit organization that is dedicated to designing new tools for ensuring the safe application of AI software for future generations. Jed believes in encouraging ideas that produce a global influence since you experience great progress when big, global concepts come to realization. He uses this code to success in all of his businesses including Stellar which was produced out of determination and an unmatched strength to defeat many obstacles.
Creating a popular new innovation takes patience and guts. For one serial entrepreneur, adding a new twist to the American meal was a mission that he would not give up on. The result was a popular seasoning product that has given Joel Friant yet another success to his storied career.
So who exactly is Joel Friant? Mr. Friant is one of the hardest working entrepreneurs in America. He got his start in the real estate business. The young go-getter would purchase foreclosed homes. Then he would put some sweat equity into the properties by renovating everything from the kitchen cabinets to the hardwood floors. Then Mr. Friant would put the house back on the market and sell for a profit. Over the course of several years, Mr. Friant would repeat the process over and over again until he made his first fortune.
After making a name for himself in real estate, Mr. Friant decided to turn some of his other passions into yet another business. This time, Mr. Friant turned his attention to Thai Food. The serial entrepreneur opened the very first chain of Thai fast food restaurants into the nation. Dubbing himself the “Thai Guy,” Mr. Friant would introduce the spicy and tasty Asian cuisine to millions of people across the United States.
After going two for two in the business world, Joel Friant decided to go for the triple crown. This time the business builder decided to turn his favorite seasoning into the next great supermarket product. Thus the Original Habenero Shaker was born.
Mr. Friant saw an opportunity as the world of hot sauce started to take off in the 1980s and 1990s. Seeing a chance to add his own spicy condiment to America’s tables, Mr. Friant gave birth to the Original Habanero Shaker. Over the course of the last decade, Mr. Friant has sold his shaker to a number of supermarkets as well as sold the popular seasoning online.
Taking his prior knowledge of the business world into the world of seasonings, Mr. Friant has made the Original Habenero Shaker a success. The serial entrepreneur has shown that hard work and creativity will pay off in any business. As Joel Friant enters his next decade in business, he will surely have more great business enterprises in store for the American business landscape.
Siteline Cabinetry is a brand that has been in the market for more than two years now. The institution is believed to be the latest from a company known as Corsi Group, and it has changed the lives of people in the American market. Siteline Cabinetry has won hearts from all over the country because of several reasons. The institution has managed to impress people with full access cabinets that are perfect for the modern kitchen, office and any other area of the house where cabinets are required. Apart from ensuring that the cabinets being made are great, the institution has affordable prices. The brand is considered to be unique and perfect for all customers because of several reasons. First of all, the institution ensures that all the products it is making for the customers are unique.
Impressing a customer can be a challenging role, especially for the customers who want to get unique products that have been made by experts. Siteline Cabinetry has not disappointed its clients for the two years it has been in the market. This is because each cabinet designed by the company follows the needs of the client. When an individual wants a cabinet for their kitchen or office, the institution takes four to five weeks to design the exact product. Unlike most companies who prefer to have a store for customers to come and purchase products that have already been made, Siteline prefers to make the cabinets when an individual has made an order.
Although Siteline Cabinetry has only served the American market for the last two years, it has managed to change countless homes in numerous ways. People who are making new houses or renovating their old houses can be confident about the kind of products that are delivered by the people working at Siteline Cabinetry. The company experts have been in the platform for several years, and they chose to start the company so that they can offer customers services that were previously not available to them. Siteline Cabinetry has a great future, judging from the amount of success it has been receiving in the recent times. People are always looking forward to purchase the company products.
Desiree Perez knows the music business quite well. She has worked quietly behind the scenes as Jay-Z has transitioned from arguably the best rapper alive to one of the most creative business men in the entertainment industry. He has been able to touch on everything from sports to recruiting other new entertainers in the music world, and Desiree Perez has been helping him handle the business side of things.It is essential to be able to spot talent, but it is also vital to be able to manage the talent.Coincidentally, this is where Desiree Perez shines. She has become someone that
Jay-Z can trust, and that is why she is heading up things for Roc Nation entertainment. Perez has also done a considerable amount of work when it came to negotiating contracts for Roc Nation Sports. It is obvious that she is willing to go the extra mile when it comes to getting the right contracts for clients. This is what makes her valuable to Jay-Z and Roc Nation. This is also the thing that gives her a high level of respect from the clients that are part of this roster. All of this plays a part in making Desiree Perez shine as one of the top business women in the entertainment industry.
She has been recognized by Billboard, and she has continued to show that she deserves to be where she is. There are not a lot of women in the entertainment industry behind the scenes. Many women are out front as entertainers, but they have no representation in the business sector so contract negotiation tends to be harder. This is where Perez is able to balance the scales. She is able to help more women gain higher paying contracts because she is someone that knows the ropes.
OSI is a privately owned company based in America. It deals with processing meat which is delivered to retailers and other industries that offer food services. Their headquarters are situated in Aurora, Illinois. The origin of OSI Group was a small family meat market founded by a German immigrant Otto Koischowsky in 1909 in Oak Park Illinois. Otto had stayed in the United States for two years when the thought of starting a meat market came up. After a while, Otto noticed that the supply of meat could not satisfy all the demands so in 1917, Otto had to expand the meat market. He moved from Oak Park to Maywood where he had better chances of growing the business. In 1928, the company acquired a new name, Otto and Sons.
By 1955, the company was popular and a deal came in with McDonalds who had just opened their Des Plaines store. Otto and Sons supplied fresh beef to McDonalds, a contract that brought them profits. With the income, Otto and Sons put up a meat plant with high volume in West Chicago. It used advanced technology with the tunnels freezing liquid nitrogen and the machines enabled patty-forming. After a while, the opened a new store which supplied meat to other customers other than McDonalds. In 1975, Otto and Sons rebranded to OSI Industries.
OSI Industries and Best Chicago Meat Co. LLC made an agreement to acquire license to use the Glemark Brand in 1999. In December 2011, Best Chicago Meat was granted the honor to fully own the brand. OSI Group was also doing well as it was positioned 136 private company in America that was growing enormously with a $3 billion annual revenue. In 2016, it was 58th in Forbes Magazine among large private companies and had an annual revenue of $6.1 billion. This was an amazing improvement in a span of five years.
OSI Industries has developed over the years it has been in operation. It has branches in various regions such as Geneva, Utah, Lowa n, Oakland, Wisconsin and West Jordan. Other than delivering meat, they have done private labeling of different brands of foods among other items. The demand has resulted to establishment of 65 OSI Group branches across 17 countries where they do fish, pizza, bacon, pork, hotdog as well as poultry products. OSI group continues to offer the best services to its customers thus becoming more popular.