Only through facing business challenges can a company learn to stand out. The challenges can shape a company’s strength and overcoming them is a secret to lengthening the life of an enterprise. One of the few of the business leaders today who understand the value of such concept is Peter Briger, the famous Principal of Fortress Investment Group. He’s also the company’s Co-Chairman in its Board of Directors.
Fortress Investment Group is easily considered to be one of the best alternative asset managers in the world today, and it is through the value they put in surviving challenges that make them one of the best companies today.
Forbes’ Billionaire List
An accurate description of the business success of Briger would have to start from the recent accomplishments we can find in his Crunchbase profile. For starters, we know that Peter Briger has already reached Forbes’ World’s Billionaire’s List in 2008, and the exact rank he reached is #962. Most of his wealth that contributed to him reaching this position was when he was able to grow the business of Fortress Investment Group through a merger with Softbank. For about $8.08 per share, Softbank was able to leverage the operations of Fortress Investment Group.
The main reason of the purchase of Softbank was because it wanted to harness the potential of Peter Briger and his company’s expertise in even growing the fantastic net worth of Softbank. Softbank also saw a lot of potential in the portfolio of Fortress, which includes a series of investments in railways, showing strong potential to become the next transportation infrastructure in the world.
Wall Street on Bitcoin
An interesting event in the professional timeline of Peter Briger today would have to do with Wall Street Journal’s investment in bitcoin. Wall Street has recently just been comfortable with the way they see how bitcoin is going through the fluctuations of the market lately. As an investor and professional executive in the field of new trading opportunities, Peter Briger gave a professional statement on this new move by Wall Street. He argued that bitcoin is exciting today because of the value it offers for people, which is to send money almost anywhere one is. Fortress Executives to Cash In $1.39 Billion From SoftBank Sale
Peter also argued that he wanted the United States to get an alternative version of bitcoin that is regulated and that Fortress and big companies like Wells Fargo could also take part in. A Force of Innovation: Two Decades of Fortress Investment Group