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business/Business Leaders/Businessman/CEO/Company/Investment

How Hard Work Paid Off For Entrepreneur Louis Chenevert

Posted by SugarMusic on

Louis Chenevert started out as General Motors and eventually made it to being the chief executive officer of United Technologies. He is now a financial advisor at Goldman Sachs. His career has been fueled by a lot of hard work and achieving his professional goals. He grew up in a middle class household in Montreal, Quebec.

 

He was born in 1958. He developed an interest in how business works and being an entrepreneur when he was in his teens. He grew up being instilled with an attitude that being dedicated to advancing your career would result in success. He is a graduate of the University of Montreal’s HEC Montreal Business School. He has a degree in production management which he first put to use at General Motors. His job there as a production manager was to make sure the products he was in charge of were of high quality, the correct amount, and produced at top speed. By keeping costs low he did his part to make sure General Motors increased their revenues and profits.

 

After 14 years Louis Chenevert left the auto industry behind and moved into the aerospace industry. His first job in this industry was as an executive at Pratt & Whitney Canada, beginning in 1993. He became president in 1999 and stayed in this position until 2006. The parent company of this business is United Technologies. In 2006 he became the chairman of this company and before long was named as the new chief executive officer. United Technologies is a huge company in the aerospace industry and also manufactures other products as well such as elevators and HVACs. He says that moving up to leading this company was like entering the major leagues as a baseball player.

 

One of his legacies at United Technologies is the geared turbofan engine. He invested $10 billion in this engine which has revolutionized the aerospace industry, allowing for cheaper flights and lower volumes of engine sound. Over 14 airlines around the world now use this engine on some of their planes and Louis Chenevert played the biggest part in this coming about.

 

https://www.crunchbase.com/person/louis-r-chenevert#/entity

business/CEO/Investment/Technology

Shervin Pishevar’s Strategic Rant

Posted by SugarMusic on

Everyone has his or her own idea of why founder of Sherpa Capital Shervin Pishevar went on a rant for 21 hours straight.

Some believe the man simply wanted to enlighten people on what is happening in our world.

Others feel Shervin Pishevar is simply trying to divert attention away from his own misdeeds.

One thing’s for certain, however; this rant has got people talking.

Talking about what, exactly?

About everything

Among the topics in Shervin Pishevar’s rants was the claim that big business has “too much power” and is making it increasingly hard for small companies to thrive.

The five specific companies that Pishevar mentioned include

  • Amazon
  • Alphabet
  • Microsoft
  • Facebook
  • Apple

Each of these are beloved companies that probably won’t see a decline in business simply based off of Pishevar’s claims.

Business will continue to boom for these giants simply because customers love the products and are fond of the names behind the products.

Bill Gates and Steve Jobs, for example, are names that people will know forever. These men will be remembered for their hard work and the way they changed their own lives and the lives of others.

The products are loved simply because people use them personally and professionally.

Take Microsoft, for example.

Microsoft has a software called PowerPoint that people use to make slides for both business use and personal use.

Many times families attend a funeral of a loved one. What is one of the things that they see?

A slideshow of the great times they had when their loved one was still with them. This slide show was probably made using PowerPoint.

The same goes for Facebook:

people use it to stay connected to friends and family and to market their businesses.

Some people have increased their net worth exponentially simply by buying ad space on Facebook.

These companies have changed the way that people live their lives and do business.

More and more people will learn about the benefits of the products these companies offer, and the companies themselves will continue to improve their products, so if Shervin Pishevar’s goal here was to slander big business, it probably won’t work.

https://news.vice.com/en_us/article/qvzgj3/shervin-pishevar-hyperloop-one

Company/Investment

Ivy League School Alum Peter Briger Invests In Past, Present And Future

Posted by SugarMusic on

Billionaires are paid well because they lead the world in innovations. They start a brand, like Facebook or the Fortress Investment Groups, which are firsts of their kind. The wise re-invest in the past, present and future, just like Peter Briger is doing at Princeton.

Past Legacy

Princeton freshmen have plenty of potential, but have not really accomplished much of note. When Peter Briger arrived at Princeton, did he really imagine that he would be a billionaire one day? He might have hoped so, but he didn’t have the connections to make this dream come true. Princeton did.

The Princeton professors understood how the world worked. They had had alumni, like President John F. Kennedy walk through their hallways. They continued to maintain valuable ties with the rich and powerful.

When Peter Briger enrolled at Princeton, he was given a chance. He could learn from those who had built up human knowledge for millennia. He was not a billionaire, he was a freshman. He was the lowest on the totem pole.

He paid his dues. He worked at Goldman Sachs. Was he given this opportunity because one of the Goldman Sachs executives was a Princeton alum?

Peter Briger became co-chairman of the Fortress Investment Group. Now, he could give back to the Ivy League. He could add his name to those Princeton grads, who made it.

Peter Briger Legacy

Now, as a billionaire, Peter Briger can start to think about his legacy. What does he want people to remember about him? What does he want to leave the next generation of Princeton grads?

For one thing, he has created the Princeton Alumni Entrepreneurship Fund. Peter Briger and other donors will help with funding and matching support to get startups off the ground. This could help the United States create much needed jobs.

Peter Briger has already learned the valuable skills needed for buying out companies and reinvesting in them to create jobs at the Fortress Investment Group. Businesses need capital for payroll. Peter Briger provides that capital.

He is now providing the capital for the startups of tomorrow. The wealth of tomorrow grows from investments today. It is like a farmer who plants a seed. He is waiting for his seed to give him a bountiful crop.

Allah has stated that you shall “reap what you have sown.” That is true. Everyone pays the piper, even billionaires.

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Democracy/Investment

George Soros Makes $18 Billion Dollar Donation To Further Democracy

Posted by SugarMusic on

Around the world, many countries may the prospect of an anti-democratic government. Now, one famous billionaire is donating a significant portion of his vast net worth to help ensure billions of people live in a democratic society. That billionaire, Geroge Soros, he donated an astounding $18 billion dollars to the Open Society Foundation. With outposts in over one hundred countries, the Open Society Foundation is one of the largest pro-democracy organizations in the world. Among the missions for the Open Society Foundation include fighting authoritarian regimes, helping to promote the rights of immigrants and refugees and finally, promoting human rights of all people.

Going one step further, George Soros has pledged most of his vast fortune to The Open Society Foundation in his will. The current $18 billion dollar donation is just the beginning of the support pledged by the legendary billionaire. With these funds, the Open Society Foundation will seek to fund all of their outposts and potentially help millions of people around the world. The donation to the Open Society Foundation exceeds the entire amount the organization has spent since the 1980s. In the past four decades, the Open Society Foundation has spent $14 billion dollars for pro-democracy causes. The Geroge Soros $18 billion dollar donation will most possibly transform the organization into a powerful global force.

With the $18 billion dollar donation to the Open Society Foundation, Mr. Soros has donated a total of $30 billion dollars to charitable causes in his lifetime. At 87 years of age, Mr. Soros is looking to ensure that his fortune goes to noble causes. And the Open Society Foundation is quite possibly the one organization that most closely mirrors the ideology of Mr. Soros.

Born in Budapest, Hungary in 1930, George Soros grew up in the shadow of the Nazi occupation and was forced to endure the hardship and horrors of the second world war. Mr. Soros emigrated to England right after the war in 1947. It was there that Mr. Soros was educated at the London School of Economics. Soon afterward, Mr. Soros began his career as a salesman and a wholesaler while waiting to gain acceptance for job in finance.

By the mid-1950s, Mr. Soros was employed in the business world. Geroge Soros worked at a string of finance jobs until he opened Soros Fund Management in 1970. During the next decade, Mr. Soros would make his first fortune on Wall Street. Afterward, he would accumulate one of the largest fortunes on the planet.

Today, Mr. Soros is working hard to deploy his money towards pro-democracy causes. As millions face the specter or authoritarian rule, the Open Society Foundation will help free these people with the help of Mr. Soro’s multibillion-dollar donation.

Visit More : twitter.com/georgesoros

Fund/Investment

A Talented Investment Aficionado

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Warren Buffett has placed a bet that’s worth $1 million. It’s going to charity. The goal behind this bet is to prove that he can attain stronger investment returns that numerous hedge fund managers. Buffett believes that he can do this just by putting money into an S&P (Standard & Poor’s) 500 passive index fund. The outcome of Buffett’s wager will be determined at some point in 2017. Odds are high that Buffett is going to look smart in the end as well.

Buffett is totally right. The world is full of poor and costly funds that simply aren’t fair to investors. He’s also right when he states that people in the United States need to be putting money into retirement plans.

Timothy D. Armor works for Capital Group Companies as its Chairman. He’s also the company’s CEO (Chief Executive Officer). He’s been working in the vast investment realm for more than three decades now. Armor has been part of Capital Group for an extended stretch of time. He’s been in charge of many roles while with the firm, too. When he began at Capital Group, he served as a hardworking equity investment analyst. That’s when he was at the helm of American service firms and international telecommunications.

Armor started work at Capital Group by signing up for The Associates Program. He has a bachelor’s degree from Middlebury College in Middlebury, Vermont. Middlebury College is a widely known liberal arts institution. Armor studied economics while at the school.

Armor currently lives and works in sunny Los Angeles, California. People often call him “Tim” for short. He’s involved with many prominent groups and organizations. Some notable examples of these are the Scotia Global Opportunities Fund, the SMALLCAP World Fund, Inc. and the New Economy Fund. Armor is a dependable and industrious portfolio manager who always goes above beyond to learn more about the extensive investment world. He’s the type of seasoned professional who is never 100 percent satisfied with his achievements. He’s constantly testing new things out. He’s perpetually aiming higher to make bigger and better changes within the investment universe.

To know more visit @: www.ft.com/content/28953b12-dccb-11e6-86ac-f253db7791c6