Behind Guilherme Paulus’ 1.1 billion net worth

Forbes just announced that Brazilian mogul Guilherme Paulus just made its 2018 list of billionaires in the world. According to Forbes, Guilherme Paulus is worth approximately 1.1 billion dollars. The Brazilian mogul has earned the place on the list following the work that he does managing his company in the tourism sector in Brazil as well as the hotelier industry.

Guilherme Paulus journey to success

At the age of twenty-four back in 1972, Paulus met a friend while on a ship trip in Brazil. the politician friend of Paulus came to him with an idea to launch a business in the tourism sector that has been booming since back then. The idea that came up as a joke led to the two partnering and launching CVC; a tour operating company in the State of Brazil. The company did so well over the first few years and eventually, Paulus bought his partner’s shares since he had set his priorities in politics rather than managing a company. The end of their partnership was amicable and gave Paulus complete control over the company which he used to drive the company to dominance in the industry. at the end of the year 2009, Paulus sold more than 60 percent of the company to a private equity firm by the name Carlyle for 420 million dollars. Despite the sell, he still maintains an active role in the company’s operation.

In the year 2005, while still running CVC, Paulus saw a widow in the hotelier industry and launched GJO Hotels and Resorts. The company integrated well with the CVC operations. Up to date, the company owns more than 20 hotels in different parts of Brazil and operates each one of them as well. in 2014, when Brazil was hosting the World Cup, Guilherme Paulus was contracted by the government to build several hotels around the areas of the major airports in the country to accommodate the influx of visitors that the country was anticipating. Due to the job well performed that year, Paulus was also awarded a similar contract in 2016 during the Summer Olympics.

The 69-year-old father of two has made a name for himself in the industry and continues to take on huge projects by contractors in different parts of the world.

Fortress Investment Group: Going Strong for Twenty Years

Fortress Investment Group began in 1998 under the leadership of Randal Nardone, Wes Edens and Rob Kaufman. Rob Kaufman left the firm in 2012, and now Peter Briger serves as one of the company’s three principles along with both Mr. Nardone and Mr. Edens.

Fortress Investment Group is an investment management company that invests in the areas of private equity, hedge funds and real estate. When the company began, it quickly built up its level of assets under management to $400 million. At the end of the firms first five years of existence, the assets under management had grown to nearly $4 billion. Currently, Fortress has over $40 billion in assets under management, and it serves the investment needs of over 1,750 clients.

In 1999, Fortress Investment Group began its first investment fund named the Fortress Investment Fund I. That particular fund invested heavily in real estate interests in both the New York City and Toronto markets. Through the years, Fortress has added a number of other funds including the Fortress Partners Fund and the Fortress Brookdale Investment Fund.

In 2007, Fortress took the next step in its development. The group decided to go public and bring an IPO to the market. This IPO was quite successful allowing Fortress to become the first hedge fund company in the United States to launch an IPO.

After its IPO, Fortress Investment Group began to offer a wide range of funds to its investors. The group also started to invest in Asian markets, and they developed several Asian-based funds for their investors.

In 2010, Fortress bought the financial services branch of AIGs business. This was just the first of many acquisitions that Fortress made over the next few years. The company also expanded presence by opening up additional offices in the United States and abroad.

In 2017, Fortress Investment Group was acquired by SoftBank in a deal valued at $3.3 billion. SoftBank has stated that they will not be directly involved in the day to day business of Fortress. The three principles will continue their affiliation with the company, and they will contribute to the firm’s long-running success.

Fortress Investment Group Cleaning Up Financial Garbage

Fortress Investment Group a renowned alternative asset investment firm has profited from the strategic cleanup of financial garbage from various institutions that have these trash assets that banking institution no longer actually wants. The company is run by Co-Chief Executive Officers Peter Briger and Wes Edens who are also founders of the organization and has been intricate parts of the expansion and growth of the company over the last two decades. In fact, Peter Bridger the current president of the Fortress Credit Business headquartered in San Francisco California has continued to expand the Fortress portfolio with the strategic investment in distressed opportunities that some would deem to be garbage financial instruments. Peter has built a reputation as a shrewd intellectual expert at evaluating these underperforming assets and strategically purchasing them at reduced rates that can be turned around and profited upon once they are acquired.

Billions of dollars of value have been created over his systematic streamlined approaches to investing in these assets and has allowed Fortress to be the leader in this area of investing and continue to provide valuable resources for organizations that have nowhere else to turn. The industry has deemed Fortress Investment Group as the junkyard dogs of the financial world and continue to leverage these opportunities and create substantial profit for not only themselves but for the organizations that they choose to invest in. Peter Briger was educated at Princeton University where he received his Bachelor Degree and also continued his education at the University of Pennsylvania Wharton School where he received his MBA. He has served admirably on various presidential administrations including Lyndon Johnson and JFK.

Fortress also has benefited from the expertise and experience from Wes Edens the other Co-Chief Executive Officer and co-founder of Fortress Investment Group. Wes Edens is Co-Owner of the Milwaukee Bucks basketball team where he has provided valuable leadership in the development of the team’s new sports arena and provided directional momentum for the organization that is strategically placing them in the NBA playoffs and has them looking to continue their expansion and winning tradition. Peter and Wes continue to capitalize on opportunities that other firms would not even consider and also various financial institution and banks are looking to liquidate and throw out with the trash. Fortress Investment Group has honed their skills at evaluating these less-than-perfect opportunities and turning the trash or garbage financial instruments into treasure with valuable insight and evaluation and strategic streamlining of these instruments to make them valuable productive assets. Fortress currently has over $35 billion in assets under management and is using resources from its more than 1750 institutional and individual clients to invest in these garbage financial instruments and turn these distressed assets into rewarding profitable returns on investments for its clients.

 

The Ingenious Mind of Dr. Mark Mckenna

Having the ability to come-up with new ideas is priceless, especially in the business world. If you’re selling something that others aren’t, then you’ll be a full-step ahead of the competition. This is the case with Dr. Mark McKenna. This phenomenal man is a brilliant-thinker to the highest degree. His mind is constantly in motion to some degree, which comes from brainstorming. Though he was born and raised in New Orleans, Louisiana, Dr. Mark McKenna has taken over Atlanta, Georgia, in more ways than one. ShapeMED, a health and wellness practice, specialized in providing non-surgical procedures for better living. The company was founded by McKenna, and it hosted a wide array of services like hormonal therapy, Botox injections, weight-loss solutions and other injectable treatments. Thanks to its great success, ShapeMed was certified with the prestigious “Black Diamond” accolade.

This eclectic man of many talents started his professional career as a doctor. He was licensed in both surgery and in medicine. This licensing came from the Georgia and Louisiana State Board of Medical Examiners. McKenna comes from a family of professionals as he followed in his father’s footsteps. After graduating from Tulane University Medical School, he would work alongside of his father in the medical field. Shortly after that, Dr. Mark McKenna would branch-out to pursue other personal endeavors. One of his biggest and best creations came in the form of his very own real estate firm. McKenna Venture Investments had a boutique type of vibe as it specialized in real estate development. To put things in a better perspective, this business was worth an estimated $4 million and McKenna was earning $500,000 a year.

Dr. Mark McKenna is living his dream. This loving father and happily married man has personified the word ingenious. There are many more success stories that can be mentioned about this man, but there are only so many hours in a day.

http://www.drmarkmckenna.com/aboutmark/

Choosing the Right Life Insurance Does Not Have to Be Tough

When you are looking for life insurance, it is important that you know how to get the right one. First, you have to consider if you want to get term life insurance or permanent life insurance.

Visit: https://www.ehealthinsurance.com/ehealthinsurance/benefits/ifp/IHC-MultiState/IHC-MultiState-FreedomChoice-BR-0811.pdf

Term life insurance lasts for only several years. For example, it might just last twenty years. This might be an option if you need life insurance, but you do not have a big budget for the type of life insurance you need. Term life insurance policies are typically lower and cheaper, simply because fewer people die within that specific frame of time. At the same time, however, if you outlive that term, your life insurance policy will expire, and you will need to buy it again. At that point, your premium may go up because of your age. However, another option is to get convertible life insurance plans. This will let you convert your term life insurance into a premium life insurance down the road. This is an excellent option if you can not afford life insurance now, but you think that your financial situation will change over the years before your term is over.

Permanent life insurance plans last forever. Although they may be costlier, there will be no need to pay higher premiums later on. At the same time, you can accumulate a savings account, and this savings account can be used to pay your premiums if you can not afford them at a later date. Permanent life insurance policies come in several forms as well, so there is customization if you need specific things. However, not everyone needs permanent life insurance.

It is also important to get life insurance from an insurance company that cares deeply about its customers, such as Freedom Life Insurance. You need a company that offers customer support that will help you out and not leave you hanging, and Freedom Life Insurance is a good example of that. They will walk you through the various plans so that you can get an idea of which Freedom Life Insurance plan is the best for you. You will be able to easily sign up for the one you choose.

Sahm Adrangi: The Financialist Behind Kerrisdale Capital Management

Sahm Adrangi is a financialist and investor who has been receiving a lot of light recently owing to the impact that he has had on the financial industry and the investment endeavors that he has taken on. Adrangi has been working in the financial sector since the start of his career and has had numerous experiences in various facets of the industry. Today, Adrangi leads his own company that goes by the name of Kerrisdale Capital Management. The company has been making waves all over for the innovative approach that they have taken for the purpose of their investments. The company has been doing incredibly well and has also given Adrangi a stellar reputation for being the successful company that it is. From the time the company opened its doors for business, Adrangi managed to boost the overall productivity of the company significantly. Over the course of the years, Kerrisdale Capital Management has helped the investment ventures of several businesses and has worked with clients coming from a variety of sectors. Adrangi currently leads the company from the Kerrisdale Capital Management Headquarters in New York.

When Adrangi first started out his professional career, he started working at a company known as Chanin Capital Partners. The company mainly offered financial advice to clients who were on the verge of bankruptcy and needed sound financial information to help get them back on track. Adrangi worked for several years at this company in the position of a financial analyst. He worked with a range of clients and supplemented the company with his skill and ability to offer excellent and profound financial advice that helped several clients who came to the firm.

One of the other firms that Adrangi worked for in the past was Longacre, where he also served as a financial analyst. He brought on an enormous amount of business to the company and was the last company that he worked at before he decided that it was time to start his investment firm.

Using the knowledge and experience that he has gained over the years, Adrangi has helped Kerrisdale Capital Management grow incredibly to the position that it is in today.

Learn More: www.linkedin.com/in/sahm-adrangi-3548541