Wes Edens is not only the co-CEO and co-founder of Fortress Investment Group, but he is also the co-owner of Milwaukee Bucks and Aston Villa soccer term that is located in the U.K.
In 1987, Wes Edens got started with Lehman Brothers as one of his first important jobs. Wes Edens worked his way up the corporate ladder to managing director, then director there. In 1993, Edens left Lehman Brothers for the finance company, BlackRock Financial Management.
In 1997, Edens ended up leaving BlackRock to co-found Fortress Investments Group in 1998 with Peter Briger, Wes Edens, Mike Novogratz, Randal Nardone as well as Robert Kauffman. Moreover, Mr. Edens was part of the seven-member board at Fortress Investment Group.
Concerning Mr. Edens’ worth, his pay was published to be $54.4 million by Bizjournals (via The New York Times). The 54.4 million dollars (Edens total yearly compensation) at Fortress was $13.4 million. And approximately $41 million of take-home pay was dividends from Fortress Investment Group. At one point, Mr. Edens had $63.3 million shares of stock in Fortress at one point.
Mr. Edens received his Bachelor’s degree from Oregon State University in 1984 in both Finance and Business Administration. At one point in Wes Edens’ life, he was worth 2.5 billion dollars as noted by Forbes. Mr. Edens was also ranked number 369 on the Forbes list of richest at age 52.
Edens is also the co-owner of the NBA pro team, the Milwaukee Bucks. Wes Edens worked with a fellow entrepreneur, Marc Lasry to purchase the Milwaukee Bucks in 2014. The prior owner, Herb Kohl sold his team to Lasry and Edens, but they had to agree to maintain the Milwaukee Bucks in Wisconsin if they buy the basketball team. Edens and Lasry agreed to the requirements for purchasing the team as specified by Herb Kohl. Marc Lasry and Edens purchased the Milwaukee Bucks for 500 million dollars.
Recently Mr. Edens founded the company called Brightline. This high-speed rail helps travelers get from West Palm Beach to Miami. These trains also perform eight round-trips on a daily basis.
Ted Bauman works with Banyan Hill Publishing as an editor. He joined the organization in 2013. He writes as well as editing the Alpha Stock Alert, Plan B, and the Bauman Letter. His primary focus when it comes to his writing and editing is issues relating to international migration, protection of assets, strategies involved in low-risk investments as well as privacy. Ted Bauman lives in Atlanta with his family.
In his entire life, Ted has always loved to see others happy, and he has ever gone that extra mile to help them improve their lives. He is committed to seeing people get access to their resources as well as enabling them to live wealthier lives. Ted wants individuals to be free from corporate agencies greed as well as the oversight done by the government
Ted Bauman grew up in Maryland though he was born in Washington DC. He moved to South Africa where he furthered his studies. He graduated from Cape Town University with a postgraduate degree in economics and history. He spent 25 years in South Africa before returning to the United States. He worked in various organizations in the management roles. In addition to this, he worked as a hedge fund manager that was concerned with low-cost housing projects. While in South Africa he helped in bringing up slum Dwellers international, an organization that has helped settle 14 million people across the world.
What Did The 2008 Economic Crisis Teach Investors?https://t.co/uPAG7GM1Og#NASDAQ #SP500 #NYSE #Assets #Money #Investing #Commodities #Resources #Economy #Politics #Trading #Stocks #StockMarket #BanyanHill #MarketCrash #2008Crash
— Ted Bauman Guru (@TedBaumanGuru) September 17, 2018
Ted Bauman’s day involves waking up and preparing his daughter for school. After the daughter has left, he heads to the basement where he has his office. Because he does not commute, his work starts immediately. He performs much of his duties in the morning hours and brings his day to an end at 5 p.m. During his office time; he focuses on reading about those topics that his readers want to learn about.
Ted reads a lot, and that is how he manages to come up with new ideas. Through what he writes, he always looks forward to adding value to Banyan Hill Publishing. He does a lot of research before coming up with the topics he writes about. His readers always want to know what is going on with the
- Written by: RunningHate
- Category: Business, Businessman, CEO, Flavio Maluf
- Published: August 10, 2018
The economic crisis in Brazil in recent times is affecting many people, not only the employees, but also the bosses and their companies. Reducing costs is the way out – and there, among many other measures, thousands of layoffs enter the country, contributing to the high unemployment rate. However, we need to think about fairer and more efficient alternatives.
For businessman Flavio Maluf, managing taxes better is one of them.
In Brazil, companies usually pay up to 34% of taxes on the value of profit, but entrepreneurs know that considering issues such as labor costs, taxes, and other obligations, this figure reaches a much higher number. Whoever wants to survive the crisis needs to seek more profitability and run after reductions, starting with good planning. Learn more about Flavio Maluf on ideamensch
There are some ways for companies to reduce taxes, including:
The Tax Planning Itself
Executive Flavio Maluf explains that the main types of taxation are three – National Simple, Presumed and Real. The choice needs to be made accurately and consciously, through efficient analysis, to choose the best path.
In a tax planning, the analysis and the application of a collection of actions, according to the businesses, with the legal acts or with the situations, aiming to provide the reduction of the tax burden.
Pay Attention to Tax Recoveries
It is essential for companies to be attentive to the credits they are entitled to, says Flavio Maluf. Within the tax system, charges are often made in improper ways, this causes a considerable increase in the value of taxes. PIS / Pasep, ICMS, IPI, and Cofins are some tax payments that can be recovered and will contribute to reducing the tax burden.
It is recommended that a consulting company be hired to raise credits that may not have been considered in the calculation for each month due to the lack of an infralegal standard.
Investing in Tax Incentive Tools
Tax incentive tools are actions that contribute to the economic development of a region or particular industry. There are many forms of tax incentives, points out Flavio Maluf, as actions in sports and culture, and even laws that propose regional growth. This reduces the amounts to be paid, however, you need to be concerned with a specialist follow up.
Pay Attention to the Time of Framing the CNAE
Registering properly in government entities from the beginning of a company is a way to avoid paying for wrong taxes, or even to take future fines on account of the mistake. Choosing the National Classification of Economic Activities (CNAE) represents the tax burden that must be paid, and it is important to do it properly.
Try to Reduce APF
The Accident Prevention Factor (APF) is an instrument on health and safety at work. It is an index that represents a good part of the labor expenses of the companies, it can vary according to the number of occurrences and the branch of the business activity. However, Flavio Maluf points out that the values of this factor can be minimized. It is possible to request a review of the APF collection heat and try to reduce the costs of the company.
- Written by: RunningHate
- Category: Bank, Banker, banking and finance, Business, Businessman, investors
- Published: July 6, 2018
Anil Chaturvedi graduated from Meerut University where he studied bachelors of arts degree in economics. He has spent the better part of his life as a banker and also as a financial adviser in various parts of the United States Of America. Anil started working in India as the manager of the state bank of India and he made sure the bank profit increased hence gaining great recognition whereby he was even named as the man of the year by his colleagues. He has since then worked in some of the biggest banks in the world where he holds the highest positions.
Anil Chaturvedi’s marketing strategy has helped him draw a huge population in Hinduja bank where he is currently working as the banks managing editor. Quite a number of banks have chosen to ask for advice from Anil considering his experience in the banking industry and through the good reputation that he has earned, he is trusted to be the best adviser. Anil Chaturvedi had an aim of bringing more businesses from India to settle in Europe. His clients say that the main reason Anil’s advises on banking and investments is taken seriously is because most of them have met fake advises and they ended making huge loses in their business.
Anil Chaturvedi’s advise to bankers is that banking and investments require patience and persistence in order to face the challenges associated with banking. He says that everything in life needs to be faced with a positive mind and he, therefore, adds that his journey has not been so easy as it may look but by the help of his education that he managed to go through with a handful of difficulties, have also contributed to his success in the banking field. He currently working at Merril Lynch where he says that he will be working or the next 15 to 18 years. He is currently living in Geneva.
It is hard for many entrepreneurs to invest in the future technologies. Most people want immediate profits. Jason Hope believes that the future of the industries solely depends on the future technology. Jason Hope besides being a futurist is also a philanthropist and an investor in the healthcare technologies.
Jason says that he believes that any individual after acquiring a degree in Finance and an MBA; the best thing one can do is begin their venture. His first business was in the mobile communication technology. Jason says the reason he chose mobile tech is that it reaches many individuals. It was simply the fastest way to reach out to people. He encourages other investors who want to venture into the mobile sector saying it still has room for growth. Investing in the mobile tech set his pace in his medical research and his dream as a futurist. Entrepreneur Jason Hope Invests in Research Against Aging
Unlike other individuals who take long before achieving their goals, Jason Hope did not face difficulties at the beginning. He says that he made profit fast and this encouraged him to enlarge his portfolio as well as invest in other firms and individuals. Understanding the Internet-of-Things Revolution: A quick guide for thriving in the IoT era
Jason Hope has a different dimension on which he views the doubts that arise in his journey. He says that all investors have a high affinity for doubts. There are multiple times that one doubts whether their strategy is going to work or failure is going to destroy them. Hope says that this is not the ultimate challenge, the issue is how we chose to deal with the thoughts. For Jason Hope, he says that he uses the doubts to fuel his passion. His love and belief of technology also take him through such moments.
Jason says that he believes that social media is still a valid platform for marketing. He says that it is a proven method of tapping more opportunities. He also says that he loves marketing strategies that keep people connected. Jason gives an example of Twitter, as a good platform for sharing news. Scottsdale Philanthropist Jason Hope Helps Pioneering Nonprofit Fight Aging
Jason says that one factor that has rendered him successful is having an eye for the future. He always visualizes on the impact that the future technology will have in our lives. This helps when challenges come along because he is not ready to give up his big picture. Practicing philanthropy has also been helpful as he says it helps in making everything feel in place even when the going is tough. Jason Hope Helps Push Anti-Aging Efforts Forward
- Written by: RunningHate
- Category: Business, Business Minds, Business News, Businessman
- Published: January 26, 2018
As Switzerland started seeing things change in 2008 with the financial crisis reaching even the halls of their fortified banks, the call started echoing to start moving away from just safe business investments and to take a risk on the new and the unknown coming in part from President Johann Schneider-Ammann, and being followed by businessman Mike Baur. Baur believes there are many ideas for brand new tech businesses circulating in Switzerland’s universities and other colleges around Europe, but it’s just a matter of being willing to believe in them and take the risks. But he’s working to get these businesses off the ground and to do so rapidly through an accelerator known as the Swiss Startup Factory. This accelerator has not only a lot of pitch and demonstration sessions, but also ongoing coaching and giving entrepreneurs a better understanding of selling their business.
Mike Baur originally saw his path to lifetime success going through banking as it was the most popular way to get rich at the time. He was good with numbers and started out learning the aspects of bank management as an apprentice at UBS while only 16 years old. He was already involved in advising clients in his 20s and came to know some of Switzerland’s wealthiest investors. Baur was promoted several times at UBS until he was almost an executive, but in 2008 things changed as the financial crisis hit UBS. Baur left for another big bank, Clariden Leu where he once again became a prominent manager. But in 2014 he stepped down permanently and decided it was time to enter the unknown.
Other people had also left their previous positions in banking when Baur did including Max Meister and Oliver Walzer who also saw a big opportunity to invest in young people and start bringing about completely new companies to Switzerland. What Baur understood was that many ideas and beginning businesses just needed to develop sustainable plans and be able to connect with capital suppliers, so that’s when he, Meister and Walzer decided to build this kind of network at the Swiss Startup Factory through a partnership with Goldback Group and Fintech Fusion. While many people apply to get to the SSUF’s 3-month accelerator program, not too many are admitted and out of those admitted there are few finalists who make it to the SSUF portfolio. But those who do are also given free office space and resources to launch their companies.
José Auriemo Neto is a Brazilian real estate and fashion leader. Neto is currently the CEO and Chairman of JHSF, a leading commercial and residential real estate company in Sao Paolo, Brazil. He’s also noted as being in the Business of Fashion 500, a prestigious designation in the industry. He’s not only made fashion more accessible to Brazil, but he’s even assisted designers such as Valentino and Jimmy Choo in opening stores in this country. Cidade Jardim is the upscale shopping center he’s most known for as the founder and CEO of this venture. The mall has many loyal customers’ and is known for being one of the top spots for not only Brazilians but tourists as well. Culinary delights are also a big part of the mall, drawing in many fans from all over the globe.
José Auriemo Neto graduated from Fundação Armando Álvares Penteado University in Sao Paulo, Brazil. His career dates back to the early 90’s, in which he started out by being the director of a services company. After leading Parkbem, a parking garage management company to success, he moved on to building shopping centers. Around this time, he started in Santa Cruz by building his first shopping center. After these ventures, he moved into retail projects in Ponta Negra and Bella Vista.
Neto has also been involved in building hotels for lodging, and, he’s even been involved in infrastructure and residential real estate. Being credited with building the first subway, he’s dedicated to connecting the people of his country to the goods and services they desire. Being such an inspiration to the culture and development in Brazil, he’s a well-known executive who’s dedicated to his company of JHSF and Cidade Jardim. It will be interesting to see what developments he’s working on for the future of the development of Brazil as a worldwide economic leader.
Adam Milstein is a philanthropist and real estate investor well known for supporting Israeli-Americans and Jewish-Americans. He is also the mastermind behind the Adam and Gila Milstein Foundation, which he uses to support these communities. As a real estate investor, Milstein is affiliated with Hager Pacific Properties as a managing partner. He is a native of Israel but currently resides in Encino, CA.
Born to a Jewish family, Adam Milstein grew up in Kiryat Motzkin, Kiryat Ham, and Haifa. He was part of the Israeli Defense Forces (IDF) team that fought for Israel during the Yom Kippur War in 1973. After his mandatory IDF service ended, Milstein proceeded to Technion where he got his undergraduate BS in business and economics.
Adam Milstein got exposure on how the real estate industry worked when he was an apprentice of his father’s property development and construction business. He decided to travel to the U.S. in pursuit of job opportunities seven years after marrying Gila Elgarby. While in the U.S., he got the opportunity to enroll in USC’s MBA program, which he later completed. He also made a debut in the commercial real estate business in southern California as a sales agent.
Involvement with Hager Pacific Properties
Using the experience he acquired as a real estate agent, Milstein oversees Hager Pacific Properties’ disposition activities. In his position as managing partner, he is also responsible for the firm’s accounting and financing operations. Hager Pacific Properties is reputable for its property development activities. These include repositioning, renovating, and acquiring commercial and residential properties.
Since 2000, Adam Milstein has been working with his wife to educate and empower young Jewish people. They achieve this goal through the Adam and Gila Milstein Foundation. This foundation is on a mission to give Jewish and Israeli people access to knowledge of their cultural origins. Milstein is credited as the Israeli-American Council’s co-founder and national chairperson.
As a philanthropist, he supports Israeli and Jewish non-profit groups through his board membership roles. These non-profit groups include Hasbara Fellowships, Birthright Israel, and Stand By Me. Through Sifriyat Pijama B’America, he provides over 70 Jewish and Israeli families with Hebrew reading materials.
Adam Milstein hails from Encino, California. Together with his wife and children, he founded Adam and Gila Milstein Family Foundation where he heads as the Chief Executive Officer and President. The organization is non-profitable and aims at building relationships between the Jews and the Israelis.
Apart from philanthropy, he is also successful in his property market businesses. He traces his roots back from Israel where he once represented his country in the Yom Kippur War. He holds earned degrees from Technion. His career majorly focuses on real estate. This led him to work at Hager Pacific Properties, a renowned real estate investment company in the United States of America. At the company, he is in charge of management and finance departments. He also leads in various organizations such as Israeli-American Council, StandWithUs and much more.
In a recent interview, he explained how he discovered Hager Pacific Properties which opened ways to his successful achievements. When he was on campus, he considered some job vacancies but they were not good enough for him. Then, he took a brave step and as a Real Estate Broker for companies dealing in commercial properties. He did this for three years and it indeed paid off. This was the beginning of his own investments with the companies he founded.
According to him, charity is what inspires him to venture into more successful opportunities. He is not the kind of person who gives up when situations get tough. Instead, he keeps moving ahead to ensure that he achieves his dreams. He does most of the activities in his company by his might to ensure that everything is done to perfection.
Additionally, practicing consistency in his day-to-day life has made him the successful man he is right now. This has mad him to like a couple of challenges in his commercial real estate business. Trends in the demand and supply curves thrill him. Normally, the two phenomena don’t go at per. The pricing of the properties during different seasons is another reason why he keeps diving into his real estate businesses.
Generally, he is a passionate worker who focuses on making the right decisions all the time for the success of his company.