When Randal Nardone joined forces with Wes Edens and Rob Kauffman to establish Fortress in 1998, he knew that it would be a successful business. What he didn’t know is how successful it would turn out to be. Two decades later, he has seen what hard work and commitment can do as Fortress not only became successful but went ahead to become a multi billion company, and a leader in alternative investments. All this success, however, was not handed to Randal Nardone and his partners on the proverbial silver spoon. Instead, it is as a result of hard work and the extensive experience that the founders led by Randal had in finance. For instance, before teaming up with the other three leaders, Randal was a managing director at the renowned Union Bank Of Switzerland.
Prior to that, Randal worked at Blackrock Financial Inc. Other than finance, Randal Nardone also boasts experience in law. In fact, before joining the finance world, Randal was a certified lawyer with a JD from Boston University and worked as a partner at Thacher Proffitt & Wood. Midway in his career as a litigator, he realized that he was better suited for the world of finance and immediately began working out a way to connect the two professions. Even though back then, such a transition did not make sense to many, his impressive success today is sufficient proof that it is possible for one to excel without following the standard norms set by society.
Today, Randal Nardone is not only a financial guru but also a self-made billionaire who ranks #557 on the Forbes list. Randal has always been an optimistic leader and believes that every decision made at Fortress is for the betterment of the company. For instance, Randal Nardone remained quite optimistic about Fortress’s acquisition by Softbank and Randal Nardone said that the move would help the company achieve its goals more efficiently. However, it is vital to note that he is a man of many responsibilities. Other than Fortress Investment, Randal Nardone also holds a series of other leadership positions in the same realm. For instance, he plays integral roles in firms such as Newcastle, Eurocastle, Springleaf, and IMPAC Holdings.
Forbes honors Richard Liu Qiangdong as one of the wealthiest entrepreneurs in the world. The business personality owns Jd.com, an e-commerce platform with a value of $ 57.6 billion. Despite his present-day glory, Richard Liu Qiangdong started as a junior employee working at Japan Life, a company that manufactured and distributed various health products. After serving Japan Life for two years, the renowned entrepreneur opened and managed a small restaurant in Beijing. Later on, Liu Qiangdong closed the restaurant and opened a shop selling computer accessories.
Within five years, the Forbes-listed billionaire managed to develop his computer shop to a prominent supplier of genuine computer parts. In fact, the shop extended its business boundaries to twelve new locations in China’s capital. In 2004, Liu’s computer shops closed down since the government advised citizens to remain confined as a measure to fight SARS, an austere outbreak. In that event, many physical shops closed down since business owners, customers, and employees could not get out of their homes. Richard Liu Qiangdong saw the outbreak as an opportunity to launch Jingdong.
The Beijing-based online marketplace allowed consumers to purchase any consumer goods from the safety of their home. On Richard Liu Qiangdong’s online shop, customers could buy home appliances, fresh/processed food items, popular brands of beverages, all types of fashion wear, and any other consumer product. Jingdong stocked its shelves with genuine goods. On the other hand, Richard Liu Qiangdong hired talented logisticians who ensured that Jingdong’s customers received their purchases in the same or the next day. The efficient logistic system enticed millions of customers. Today, Jd.com serves customers in entire Asia. Richard Liu says that he is looking to expand into the UK, US, and other new markets. Already, Jingdong has partnered with several brands to replenish its shelves with international brands for its global customers.
Managing and finding the correct assets requires fearless guidance and Mr. Michael Nierenberg does just that. Current President and Chief Executive Officer of New Residential in 2013, Michael Nierenberg was also eventually made official chairman of New Residential in 2016. Before his succesful job at the New Residental company, Mr. Michael Nierenberg had become managing director along with being the leader of Securitized Products and Global Mortgages at the Bank of America Merrill Lynch. Prior to starting on with the Merrill Lynch company, Mr. Michael Nierenberg had actually worked with JP Morgan, serving as a staff member of the bank’s succesful, management committee. Mike Nierenberg had also worked around fourteen years along side of Mr. Bear Stearns in a variety of different senior leadership jobs. It was from 2006 untill up to 2008 that Mr. Michael Nierenburg became a member of Bear Stearn’s succesful board of directors. Michael Nierenberg also worked around seven years for Lehman Brothers successfully creating the company’s rate mortgage business. Michael Nierenberg views the company of New Residential in a very unique way and puts the New Residential company in a great position. Before coming on and working at New Residential with Michael Nierenburg and the company team, Mr. Nick Santoro was the official Chief Accounting Officer with FXCM starting from the year 2012 up untill 2015. Nick Santoro has 20 years of succesful financial management experience and has been a powerful and smart individual in the New Residential team. During his time at the company, Mr. Nick Santoro oversaw the accounting department, tax and financial planning events, and directed financial reporting. Click here learnm more
Kisling, Nestico & Redick is a premier law firm in Ohio that speaks for the injured victims. The law firm is reputed to have an array of 30 attorneys, and over 100 other supporting staff covering their different locations across the Ohio State. The law firm has gained reputation for its unwavering service, extensive knowledge and comprehension of the insurance industry together with its extensive experience that it applies in its the cases.
The law firm is commitment to giving back in the society and this is evident in its philanthropic efforts. The law firm took 12 children on a surprise shopping spree at Meijer to purchase summer clothes. This shopping spree is a constituent of the campaign KNR cares about kids, which spans across a year.
The law firm participated well in Portage Lakes Polar Bear Jump by organizing a team that would take part in this event. The participants of this event jump into icy lake waters in a bid to raise 30000 US dollars to support Akron-Canton Regional Foodbank and to create awareness about the hunger in Ohio. The polar bear jump was started in 2004 and Kisling, Nestico & Redick has sponsored this event every year ever since.
Kisling, Nestico & Redick is also committed to combat texting while driving which results in almost 25 % of car accidents every year. KNR offers Don’t Text & Drive Scholarship, 5,000 US dollars scholarship to students who can come up with the best proposal to talk young people into avoiding texting while driving.
Neurocore MuscleTech is a product aimed at boosting muscle performance, endurance, etc. It develops an environment excellent for losing body fat and increasing muscle mass. Neurocore is a highly-concentrated and most explosive pre-workout stimulant that helps you to feel every point of your workout. It provides sufficient energy to push you through even during your most dull days and boost your mental concentration as well. When under the influence of Neurocore MuscleTech, you will manage to push harder and attain long-lasting pumps for post-gym flexing mirror selfies.
Neurocore is suitable for active men and women interested in maximizing their workout ability with extra strength and energy. As one of the best pre-workout stimulant in the market, Neurocore contains critical ingredients that are clinically tested to ensure the right amounts for full strength and to provide intense focus, extreme energy, and superior workouts. Neurocore most superior factors include more explosive power, ultra-intense focus, and strength. It also supports improved muscle pumps and muscle building.
Neurocore MuscleTech also includes creatine HCL, which is a highly unique and potent creatine in its formula. Creatine is tested clinically and approved to boost gains in strength and size. Creatine is a small three grams dose of two scoops that can’t cause bloating and requires no phase to load. Beware that most manufacturers consistently change the products specifications. However, Neurocore always does their best to ensure that their product descriptions are updated. They usually don’t show the most recent information from the manufacturer. They are not accountable for any outdated or incorrect product description or images.
Blockchain is one of the revolutionary technologies of all time. In 1989, the first version of blockchain hit the market. Serge Belamant came up with this version becoming the patent holder. As is that was not enough, Belamant made headlines by transforming the banking systems in mysterious ways that improved their efficiency. The speed and secure transaction methods that debit and credit card users enjoy today resulted from Belamant’s unmatched technical expertise. Visa can’t regret hiring the technology guru to remodel their older card models that didn’t have the COPAC, Chip Offline Pre-authorized Card application.
Serge Belamant grew in South Africa after relocating with his family at 14 years of age. His tiler father decided to shift in search of greener pastures. Serge Belamant adopted quickly and started by mastering the English language to ease communication. The indication of a bright career emerged in his high school days at the Johannesburg’s Highlands North Boys High School. Besides leading the school as the Head Prefect, his name also appeared in the top players in rugby, athletics among other competitive sports.
Serge Belamant’s academic performance didn’t disappoint and joined Witwatersrand and the South Africa Universities with ease. The two institutions honed his computer systems, information technology, as well as engineering skills. After graduation, Serge made a debut of his career at 22 by joining Matrix engineering company. The exposure to the IBM computers provided him with the impetus he needed in his career.
The banking systems had issues in their switching and processing systems, creating massive difficulties in their transactions. However, SASWITCH, the company owned by the South African Banks, hired Belamnt to resolve the problem. Serge came up with National ATM switch connecting all the South Africa banks through fault tolerant system involving stratus computers.
Belamant left SASWITCH and started Net 1 technologies; a company that won the contract from Visa to advance its card system. The company improved the banking system in South Africa that eased the process of distributing grants to the locals among other operations. Zilch Technologies, Belamant’s latest innovation, provides financial solutions through mobile technology.
The environment is the most critical resource to humanity which is why It is essential for businesses to operate sustainably. The good news is that as we advance further into the future, many companies are recognizing the essence of corporate responsibility and are continuously coming up with ideas and projects that enable them to be sustainable. Eucatex, a company led by Flavio Maluf is an excellent example of such businesses.
How Eucatex operates
For the last five decades, Eucatex under the leadership of Flavio Maluf has been setting the pace for other businesses in Brazil through the production and distribution of environmentally friendly products. The company is named after the eucalyptus tree and uses the tree as the primary raw material of all its products. Some of its products include wood fiber sheets, MDP panels, and varnishes. To ensure that Eucatex remains environmentally friendly, Flavio Maluf spearheaded the firm’s reforestation project a few years after the company was established. This way, he created a win-win situation for both Eucatex and Mother Nature. On the one hand, his company is assured of a stable source of raw materials and achieves sustainability while, on the other hand, the environment benefits because for each Eucalyptus tree cut down, the company plants two. See more on Wikipedia.
Wes Edens is well-known as a private equity investor. He co-founded Fortress Investment Group in 1998. He is also a part owner of the NBA’s Milwaukee Bucks. Additionally, he is a philanthropist who has helped causes around the world.
He is a very savvy investor who invests in companies in multiple industries. His company manages more than $42 billion in assets under management. One of his investments is a private train service in South Florida, Virgin Trains USA. This company is also developing another train service that will run from Southern California to Las Vegas.
He also invests in liquid natural gas production through New Fortress Energy. His company built LNG production plants in both Jamaica and Miami. LNG is a clean and reliable form of energy. His company plans to supply this fuel internationally, especially in parts of the world where electricity is considered to be a luxury.
Wes Edens bought a share of the Milwaukee Bucks in 2014. This team had been an also-ran for years. They are now one of the most competitive teams in the NBA and are widely picks to appear in the finals against the Golden State Warriors. In 2018, he also became a co-owner of Aston Villa Football Club in England. This team is playing in the Second League and the goal is to return them to Premier League play.
Along with his wife, Wes Edens has supported the missions of Partners in Health for a long time. This nonprofit’s mission is to bring modern medicine to parts of the world where it doesn’t exist. They also help provide clean water and food to people so that they remain in good health. He is an ambassador of this nonprofit and his wife, Lynn, is on its board of trustees.
Wes Edens also set up a $2 million professorship at Macalester College. The professorship funds professors who research health and medical geography. They research topics such as environmental health hazards, diseases, and how healthcare is best delivered.
Richard Liu Qiangdong is one of the most esteemed business icons in the world. He started his working career as a mere salesperson supplying health products. Later on, the figure opened a restaurant and computer shop serving consumers in Beijing. Today, Qiangdong runs a prominent e-commerce platform that supplies goods to its customers in China, the United States, the UK, and other countries in Asia. Different from many e-commerce stores, JD.com, Qiangdong’s e-commerce focuses on selling original consumer goods.
Liu Qiangdong’s e-commerce platform boasts of a seasoned team of engineers and logisticians who use autonomous technology to deliver customers merchandise within the shortest time. In fact, many customers, more so those residing in China’s major cities, receive their orders within the same day. In 2018, the World Economic Forum interviewed Richard Liu Qiangdong on how he started and developed his start-up. During the interview, Liu Qiangdong said that he launched JD.com in 2004. During that time, most brick and mortar stores had closed down as a result of the SARS outbreak. Healthcare experts advised citizens to remain indoors, as a way to minimize the risk of contracting the deadly airborne disease.
Mr. Liu Qiangdong used the calamity as an opportunity to establish JD.com, a platform that let people buy all sorts of consumer goods from their homes. Jingdong was among the first online stores to open its doors in China. Qiangdong teamed up with an experienced team of software engineers who developed an easy to navigate shopping platform. Customers could easily compare the prices of products from different manufacturers and purchase their favorite using their personal computer. Besides the easy to navigate shopping platform, Liu Qiangdong cooperated with suppliers who provided best original products from reputable manufacturers. Jingdong’s tolerance to counterfeits attracted millions of customers who wanted to get value from their money. Today, Jingdong ranks top in the list of e-commerce platforms operating in Asia.
Al Christy, the President and Chief Executive Officer of Equities First Holdings, has a vision for the company to reach two thousand transactions disbursing over $2 billion to clients. With such goals in mind, the company has restructured the loan application procedure to make it as easy as possible for the clients. Both individuals and corporations of all sizes are welcomed to apply for loans at EFH in a simple five-step process as below.
1. The clients must get all his documents supporting collateral and present them to EFH.
2. Depending on the guarantee in those documents, a representative of EFH will calculate the fixed interest rate and loan to value ratio for the client.
3. Both parties will then sign an agreement with the client signing over his shares as collateral. These shares will be transferred to a custodian account.
4. The loan amount is then deposited into the client’s account.
5. The client will have to make regular interest payments during the entire loan duration. when the client fully repays their loan, they will get back their shares from EFH.