Posts in Category: Business World

Tony Petrello: The Brilliant Ceo Oof Nabors Industries Limited

Anthony (Tony) Petrello works at Nabors Industries Limited as the chief executive officer. Nabors Industries Limited is among the largest contract drilling companies in the world. The company deals with drilling oil and natural gas and oil field service. Nabors Industries has over 1,050 active oil rigs present in around 25 countries. This company has one of the largest fleets of drilled rigs on land.

Before working for Nabors Industries Limited, Tony Petrello was working for Baker & McKenzie law firm as a managing partner. While working for the law firm, Mr. Petrello was a working as a specialist in corporate taxes. Nevertheless, he left the job after working for years when he joined the Nabors Industries Limited in 1991. In October 2011, he became the company’s President, and in June 2012 he became the Nabors Industries board chairman.

Mr. Petrello replaced Eugene Isenberg who was the previous Nabors CEO and president. Anthony Petrello has managed to take the oil drilling company to higher heights ever since he landed the CEO role. He has been able to grow the company’s share price up to approximately 180%. Mr. Petrello is one of the highest paid CEO’s in America, and he made it to several notable lists from 2012 to 2014. The leading man of Nabors is a humble man who leads the company by important business strategies and management tactics. He also treats everyone equally, and he has been on the forefront of creating numerous jobs in corporate America and learn more about Tony.

About Anthony Petrello

In contrast to his present life, Anthony Petrello was not born in a privileged home. The oil boss was born in a modest home in the Newark area of New Jersey. The neighborhood he spent his childhood in was predominantly Italian. In this community, integrity and high values of honesty and honor were instilled in all children and his Linkedin.

From the time he was young, Tony Petrello adored mathematics and he was very passionate about it. He became victorious despite the challenges he faced, and he was awarded a full scholarship to Yale University due to his mathematics prowess. At this stage, his mathematical intelligence was excellent, especially in the Calculus area. He later joined Harvard Law School and more information click here.

After completing his education, Anthony Petrello married his college girlfriend, Cynthia. Together they have managed to contribute to several worthy charity causes. The couple has a daughter called Carena and Tony’s lacrosse camp.

More Visit: http://yaledailynews.com/blog/2006/02/21/alum-endows-prize-in-memory-of-lang/

Jason Halpern Leads South Beach Re-Development

Jason Halpern: Real Estate Entrepreneur

As the founder and managing partner of JMH Development, Jason Halpern brings together the collective wisdom of three generations of real estate developers. The Halpern family has over fifty years of experience in the New York City and Westchester County residential and commercial markets. Halpern specializes in developing in historic areas in a socially responsible manner. He believes that first and foremost is establishing a good relation with the community and understanding their concerns about your project. Halpern’s goal is to create a win-win situation that makes good business sense but that also protects the heritage of that community.

Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Thomas Juul Hansen and Jason Halpern

Jason Halpern is extremely familiar with South Beach, Miami, real estate. South Beach is a historically significant neighborhood with Art Deco architecture dating from the 1930s, and the neighborhood’s residents tend to be skeptical of redevelopment. Halpern and JMH are spearheading the adaptation of Motel Ankara, a historic hotel in the post-war Miami Moderno (MIMO) style. The project, branded Aloft South Beach, will include a new eight-story tower. The state of the art luxury hotel will be a property of Starwood Hotels.

Jason’s Family

JMH has completed a number of adaptive reuse projects in gentrifying areas such as Williamsburg, Brooklyn. One development, 184 Kent Avenue, was awarded the 2011 Building Brooklyn Award for adaptive reuse properties. In addition, the company is currently working on The Townhouses of Cobble Hill, a small collection of upscale townhouses in Cobble Hill, home of one of the city’s most stunning historic residential architecture in the Cobble Hill Historic District.

Whitney Wolfe: Revolutionizing The Dating App

In the world of online dating, woman face a growing problem of trolling. Acts of trolling include inappropriate comments and unsolicited pictures. Reported by Fast Company in 2013, 42% of women using online dating apps felt “harassed or uncomfortable.” Over time acts of trolling from men discourage woman from using dating apps. The Bumble app created by Whitney Wolfe is looking to change the way women use dating apps by eliminating trolling from men.

With a passion for preventing further harassment of women through online dating, Whitney Wolfe’s Bumble app gives women the control of selecting a future romantic interest. The Bumble app works by simple tapping on a profile photo. Recognizing a connection when both people liked each other’s profile photo, the Bumble app allows only women to make the first contact for both parties. Since its creation, Bumble app has over 7 million users with an unheard-of accomplishment of having an even number of men and women profiles.

While the success of the Bumble app continues to grow, Whitney Wolfe plans to expand upon the dating app by creating a friend-finder version called Bumble BFF. A app where individuals can make platonic connections. A professional app is also being created called Bumble Biz. While the app focuses around the Austin, Texas area, Whitney Wolfe is creating “social hives” in which men and women can meet in safe places. Another feature of the Bumble app is that it’s open to members of the LGBTQ community as well.

Whitney Wolfe is the creator and CEO of Bumble, as well as the co-founder of the Tinder dating app. Launching the Bumble app in 2014, the dating app now has over 11.5 million users with a net worth of $500 million. Since founding Bumble Wolfe has been named one of the 30 Most Important Women Under 30 in Tech by Business Insider in 2014. By 2016, Wolfe was named one of Elle’s Women in Tech and Forbes 30 Under 30 in 2017.

As an entrepreneur, Whitney Wolfe attended Southern Methodist University majoring in International Studies. Her career began by starting her own business at 19 years old by selling bamboo totes to help areas affected by the BP oil spill. Whitney Wolfe also launched the non-profit organization “Help Us Project.” By 22 years old, Wolfe became involved with the startup project through Hatch Labs called Cardify. While the project Cardify was later terminated, she joined forces with Sean Rad, Chris Gulczynski and Justin Mateen to create Tinder. In charge of marketing for the Tinder dating app, Whitney Wolfe is credited with expanding the apps popularity among college campuses.

A Brief History of the Career of James Dondero

If you are looking for information about James Dondero, the co-founder and president of Highland Capital Management, you’ve come to the right place. The 54-year-old native of Hoboken, NJ, quickly rose through the ranks in his storied career. As evidenced by the article that is linked to on this page, he continues to enjoy a lot of attention and respect from the industry at large. Any time his firm, Highland Capital Management, makes a major move, it is covered extensively by industry press. This is clear evidence of James Dondero’s continued influence, even after more than three decades of experience in the credit and equity markets.Before looking closer at James Dondero’s background, let’s take a look at where he is today. First and foremost, he is the president and co-founder of Highland Capital Management, which is based in Dallas, Texas. He is also on the Boards of Directors of MGM Studios and American Banknote, and he is Chairman of the Board of Cornerstone Healthcare, CCS Medical Corporation and NexBank. He actively facilitates charitable measures through Highland Capital, including supporting emerging non-profits through a $300-million, donor-endorsed fund that directs approximately $3.5 million per year of funding at targeted firms. He also supports Reasoning Mind, a tech-based math curriculum for pre-kindergarten through grade seven that is relied on by low-income schools in remote areas.

Early in his life, James Dondero planned to work in real estate investing for a living. This is what he wanted to do when he was accepted into the University of Virginia’s prestigious McIntire School of Commerce. After four years, he came away with a bachelor of science degree with a dual major in accounting and finance. He also earned high honors, which is no easy feat. He moved from school directly into a position as an analyst at the Morgan Guaranty Training Program, which afforded him many crucial connections.Thanks to his experiences in school and immediately after, James Dondero took a position as a corporate bond analyst for American Express in 1985. During his time at American Express, he managed around $1 billion in fixed income funds for the company. He remained there until 1989, which is when he and his business partner, Mark Okada, started working on an idea of their own. They entered into a joint venture with the Protective Life Insurance Corporation in 1990 that resulted in the creation of PAMCO, or Protective Asset Management Company. He served as Chief Investment Officer and grew the firm from a startup to a $2-billion business.

Protective Life continued to own a majority share of the firm until 1997, when James Dondero and his partner bought out their stake to assume full control. The very next year, they renamed the venture Highland Capital Management, and that has been the name ever since. Initially, Highland Capital was located in Los Angeles. For a number of reasons, however, they relocated the company to Dallas fairly early on. It has remained there since, and the firm has opened several offices around the globe as well.As for why James Dondero continues to be in the industry news so often, it largely has to do with the fact that he is such an esteemed figure in the industry. After all, he was a pioneer in the early days of Collateralized Loan Obligation markets, or CLO markets. The latest news regarding Dondero is linked to in the article on this page. It involves a cooperation agreement between Highland Capital Management and RAIT Financial Trust, which is a real estate investment trust, or REIT, that specializes in providing direct lending to owners of commercial real estate.The two firms entered into a cooperation agreement after Highland Capital disclosed to the SEC that its holdings were approaching 5.3 million shares, which meant that Highland Capital owned 5.9 percent of RAIT’s outstanding common shares. As such, James Dondero and the top executive team wanted representation on RAIT’s Board of Trustees. The agreement that was reached dictates that RAIT will appoint a trustee who has been recommended by Highland Capital after certifying the vote from its 2017 Annual Meeting of Shareholders. Another recommended trustee will be appointed within 120 days of the date on which the agreement was reached.

Change of Leadership at Capital Group after the Death of Rothenberg

According to a news release published on the Capital Group’s website, the board of directors announced the appointment of Timothy Armor as the Chairman of Capital Group. Capital Group is a reputable firm, the home of American Funds and also one of the leaders in investment management firms in the world. Before appointment to this position, Tim was the Chairman of Capital Group’s management committee and also the Capital Research and Management Company.

Appointment to the current position

Tim was appointed to his current position after the passing away of Jim Rothenberg who was the Chairman of the Capital Group. Tim and his colleagues were saddened by the loss of their cherished leader, Jim Rothenberg. Tim was appointed to assume the leadership role of the company and tasked with the responsibility of steering the firm forward. Tim has for the last 32 years demonstrated unmatched leadership skills, which is one of the main reasons the board of directors had so much faith in him.

Timothy Armor together with other senior members of the company’s management committee was tasked with overseeing the firm’s operations, to set, communicate and implement the overall business of the enterprise. After taking over from Rothenberg, Tim is expected to help the company officials to figure out how they will continue to reach out to existing clients as well as expand into new markets and more information click here.

The 57-year-old Tim went to Middlebury College where he graduated with a Bachelor of Arts degree in Economics. The university was founded in the 1800s and is considered to be one of the oldest liberal arts schools in the United States. Timothy began his career officially with Capital Group in 1983 and had spent the last three decades in working for Capital group until in 2015 when he was appointed as the Chairman and resume him.

Tim’s advice to investors

Timothy has been giving advice to investors who are seeking for guidance in their careers. Tim notes that to succeed as an investor, you must find active managers who earn their keep. Tim views the firm’s collaboration with Samsung Asset Management as an important change in Korea since it’s facing demographic challenges in meeting sustainable economic needs of a population that is aging. Tim even compares what Capital Group has done for the United States, for instance, supervising resources through all market cycles. Tim says that this will be a great opportunity for Korean Investors to put their investments in various industries and learn more about Timothy.

More visit: https://www.investing.com/members/201172589

Mike Baur Takes Entrepreneurs on a Journey in Business Building With Swiss Startup Factory

Starting a new business can be a daunting task for anyone that may have never done it before. Mike Baur is well aware of just how daunting this can be, and he wants entrepreneurs to know that there is a way to accelerate the process of successfully starting a business. He has created the Swiss Startup Factory, and this is the type of environment where coaches and mentors come together and help entrepreneurs see the different facets of building a business.

 

Baur is well aware that it will often take consultants in several different areas to help entrepreneurs effectively carry out the business plan that they may have in mind. It can start with coaching that is geared towards marketing, but it can lead to product development or simply brainstorming about the processes for the business.

 

Mike has consultants that have been hand-picked that are ready to help the eager entrepreneur tackle these different elements of business. He has created a plethora of 360 services that fall under the range of pre- accelerator, growth accelerator and digital business strategies. These are the type of things that people need to know about when they are starting a business for the first time. There is also a Wenger and Vieli law accelerator portion of the company where people can acquire free legal advice for their startup businesses.

 

Mike Baur wants to make sure that he has all areas of the business world covered when it comes to starting a business for the first time. Entrepreneurs definitely can benefit from the wide range of experience that is offered by the numerous consultants that come together to form the Swiss Startup Factory. It is always valuable to get advice from people that have already been where you are trying to go. When entrepreneurs the take advice of those that have been countered the challenges that they will face it becomes much easier for the new generation of entrepreneurs to avoid some of these trappings of the business world.

 

Mike and his team have been quite successful in helping entrepreneurs build a better business plan. There are experts in place that can mentor anyone that may be trying to start a business. There are even mentors that are put in place to help people that are trying to pitch their business ideas. This goes hand-in-hand with marketing a new business in Switzerland and anywhere else.

 

 

Whitney Wolfe Brings Relationships To Apps

The age of technology has changed the way people approach almost every aspect of life in the world today. With the technology that has been developed in recent decades, people have access to things that were not possible a few years ago. One of the areas where technology has made a significant change in how people approach their daily life activities is relationships and dating.

Before the popularity of the Internet and technology that developed platforms such as social media and smartphones, people use to meet people in traditional ways such as going out on dates, calling on the phone, and related ways. However, technology changed the idea of relationships and how people meet. Today many people go to social media sites to communicate with friends and family. In addition, a popular way that some people are finding dates and possible relationships is with date apps.

The technology innovation that made the smartphone possible also made it possible to have software apps that use the technology of the smartphone and related devices to bring apps to the market that can provide a wide array of possibilities. Date apps is one of the popular types of dating apps. Concerning date apps, the Bumble date app is the app that is making a huge smash in the date app market.Whitney Wolfe is the entrepreneur behind the Bumble date app. Whitney Wolfe is a veteran of the date app market. The Bumble date app is her second push into the market. Whitney Wolfe brings a different twist to the date app with the Bumble date app. The app provides many of the same features that other date apps provide. However, the Bumble date app provides a user experience that is based on the preferences of women and the initiations for meetings between people are made by women.

 

 

Entrepreneur and Financier- Eduardo Melzer

His background makes him among the most entrepreneur men in the world. Eduardo Sirotsky comes from an entrepreneurial family one that has been engaging in business since his ancestors. Eduardo did not take another line in his career instead he chooses to follow the footsteps of his ancestors. He is the founder of RBS Group. Ever since he began his career, he has built his reputation and has become one of the most prominent figures in the business world. Mr. Eduardo Sirotsky Melzer is the President and the Chairman of RBS Group. He also a founder of several other businesses which have been successful in the market including e. Bricks Digital which is an RBS Company which has been dealing with the development of business in the digital industry and has been having its operations in the United States and Brazil.

Eduardo is well known as Duda among his business counterparts and friends. He started engaging in serious business after his graduation from the University at the age of 26 years. He is a graduate from Pontifical Catholic University of Rio Grande don Sul. His quest for education did not stop after his first degree; he continued his studies to gain skills to run his businesses. Duda Melzer is also a graduate OF Harvard Business School and has Masters of Business Administration (MBA) and read full article.

Mr. Eduardo began his career working as a Senior Financial Analyst at Delphi Corporation in Northern America, Director General of Box Top Media which is an American Company, and also Family Communication Network in the United States. Melzer has been recognized due to his leadership skills as well as a vast knowledge in the business world. Recently the prominent entrepreneur was among the panel which was appointed to select the list of leaders of the Cambridge Institute for the Family Enterprise. The Cambridge Institute for Family Enterprise is an event that recognizes future business people and who are making a difference in the world. Eduardo continues to make the difference in the business community and Melzer of Twitter.

More visit: http://eduardosirotskymelzer.com/

A Lesson in Hands-On Philanthropy, Dick DeVos

To me, Dick DeVos was simply the President of the Windquest Group and husband of Betsy DeVos, little did I know that he is also a man with a long-standing executive career and active philanthropist. He began his career at his father’s company, Amway, in 1974 but left in 1991 to serve as President and CEO of Orlando Magic. He then returned to Amway in 1993 to follow in his father’s footsteps as President of the company until 2002. DeVos left to launch and serve as President of the Windquest group and step out of Richard Sr.’s shadow. However, he has kept with family tradition when it comes to charitable donations, making them great in number and great in impact.

 

Dick DeVos has placed a heavy focus on education, with 26% of his charitable donations in 2015 going towards education and yet another 3% to organizations that support education reform as he does. DeVos has made it his ambition to aide in making a quality education something every student has access to, instead of something dependent on the zip code. He and his family take much care in checking the quality of the schools to which they donate to encourage and uphold this high education standard. One way in particular that they have done so is by launching an aviation-themed charter school, the West Michigan Aviation Academy, in 2010. The school provides education on STEM, aeronautical engineering, and aviation robotics to provide the students with a specific and highly employable skillset. Of the students, a third are economically disadvantaged and 40% are classified as minorities, and all are chartered to the school from the 7 surrounding counties. The academy has a graduation rate of an impressive 86% yet DeVos is more impressed by the profoundly positive impact it has on the students’ lives and by reaching the standards of the parents.

 

Almost equal in importance to Dick DeVos are his contributions to arts and culture. 21% of his charitable donations were in support of arts and culture in 2015. Twenty-two million was given for the express purpose of creating the DeVos Institute of Arts Management for the University of Maryland. He sought to improve the standing of the importance arts management in the arts community, believing that the business aspect is prominent in the success of the global art community. He and Betsy also secured the recruitment of a top physician and researcher in childhood cancer with their donation to the Spectrum Health Foundation. This led to a substantial increase in the survival rate of the children treated at the Helen DeVos Children Hospital for their brain cancer. Dick DeVos and his family not only provide monetary gifts but often play an active role in how those gifts are used in order to make them have a greater purpose.

 

George Soros Takes Speculation Tactics To The Market of Gold

George Soros has finally decided to join Druckenmiller in betting for the Gold. Druckenmiller was the first to bet on the gold and recently, George Soros appears to have entered the tune. Druckenmiller is a billionaire and former hedge fund manager who recently revealed that gold was his family’s office largest currency allocation. In a similar move, George has joined him by purchasing a $264 million stake in Barrick Gold, which is the world largest gold producer. George Soros strategy also involved reducing the holding in stacks through his company Soros Fund Management by 37% equivalent to $3.6 billion in U.S. -listed stocks. Soros also disclosed owning gold ETF.

George Soros move is widely inspired by the uncertainty in the market following his recent prediction about a global economic slowdown. The slowdown according to George Soros will be caused by the rising level of debt in China which will eventually reach levels where there will be too much default followed by catastrophic events of the economic crisis. Soros has also urged investors to avoid China as an investment partner saying that Chinese authorities are focusing more on the country’s growth instead of containing the level of debt.

George Soros has event compared the current rising level of debt in China to the events before the 2007/2008 financial crisis in the U.S. According to Soros on https://twitter.com/georgesoros; the U.S. financial market was characterized by rising house and real estate prices and a significant number of investors funding real-estate using leverage. Whatever is happening in China at the moment, is a significant number of investors using debt to invest and the real estate market is selling at inflated prices that only signifies a bubble in the making.

George Soros is well known for making an enormous amount of wealth through market speculation. The most notable prediction was in 1992 which made him earn the title “the man who broke the Bank of England”. During that day, commonly referred to as the “Black Wednesday”, George Soros risked $10 billion on a single currency speculation against the British Pound, which he was betting that the currency will be devalued. Later, his prediction turned out to be right and on that single day, he made $10 billion.

Visit projectsyndicate.com to know more about George.

Soros was born in Hungary in 1930 and then fled to England in 1947 where he graduated from the London School of Economics in 1952. He later obtained an entry level job with an investment bank in London and then flew to the U.S. to work various positions as an analyst and investment management positions. George Soros founded his company in 1973 and referred the hedge fund company Soros Fund Management, which later evolved to be Quantum Fund.
Read full article on http://www.bloomberg.com/news/articles/2016-05-16/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-producer