Not any ordinary man but Richard Liu the founder and CEO of JD.com is also famous as Richard Liu Qiangdong. JD.com is one of the finest and biggest platform of e-commerce in China whose worth is around $58 billion. Apart from the total worth of the company Richard Liu Qiangdong holds individual value by Forbes $11 billion. Richard Liu was a sociology graduate from an admired University of China “The Renmin University” in the year 1996. Even in his university life, he spent most of his time working on his computer enhancing his programming skills through freelancing. He pursued his studies from China Europe International Business School and opted for executive MBA. His strong educational background helped him to secure a well-reputed position in health product company Japan Life.
Richard Liu experienced various positions at health product company Japan Life in a short life span of 2 years which included director for computers and business. Later in 1998, Richard Liu started his own business in Beijing by opening a small shop where he sold magneto-optical products. He named his shop very uniquely by joining the last characters of his girlfriend and his name that resulted in “Jingdong.” He believed in growth and expansion, and his business grew from 1 store to 12 stores. The Jingdong future growth was affected by SARS outbreak which led customer and employees to be house-bound.
This challenging situation made Richard Liu Qiangdong to restructure his business, and that was the time when he came with the idea of JD.com in the year 2004, something beyond just a brick and mortar business plan. Later in 2005 all of Richard Liu shops were closed because at that point he wanted to focus on JD.com which was promoting the idea of electronic sales along with quality and customer satisfaction. Later in 2014 15% of JD.com was acquired by Tencent, the owner of WeChat who promised to promote JD.com actively through its social networking. As soon as the company was announced to be public, it gained alliance from shareholders.
The JD Cloud Management solutions serves many purposes for small businesses across China. Many businesses are upgrading to this system, which was designed to guide management solutions created by e-commerce, JD.Com. The JD Cloud Management Solution was launched in December, and uses the e-commerce technology. This new technology is used to upgrade existing warehouse systems, therefore, businesses can increase numbers of orders, customers, and improving time management efficiency.
The strategy of JD’s retail services or also known as (RaaS,) will open infrastructure technologies to others companies and industries, particularly in China. The system is also set up to help companies lease and utilize warehouse space. This will maximize the use of real estate properties, while increasing the industry. Small partners and consumers can benefit from the dual corporation of JD, while also having the option of the delivery service. These products will be marked as, “Delivered by JD Logistics” on JD’s website. While using the JD Cloud Warehouse Management solution, the supply chain will open for merchants. This will help partners to predict inventory and will offer supply and demand services. The JD management system also stresses the importance of organizing layouts for consumer efficiency. JD will also provide training programs to employees to help improve operational standards.
Over hundreds of warehouses, across China, are using JD’s business management solution. A service provider named Juzi focuses on supply and demand for simple household products, baby items, and daily needs. Juzi saw his orders increase by four-hundred percent, by upgrading his existing warehouse with JD’s solution. The profits and growth of the system, has businesses and customers fulfilling over eight thousand of consistent orders. With the solution designed to power JD’s nationwide network, which is known to deliver over ninety percent of orders the same day or the next day, has become very popular with many warehouse providers. The JD Cloud Warehouse Management Solution can help services as a nation, while constructing more businesses and improving services for nationwide consumers.
Jose Auriemo Neto who is one of the most prominent businessmen in Brazil was recently listed in the just concluded list of the “Business of Fashion,” otherwise known as BoF 500. The BoF 500 is a fashion body that categorizes the topmost entrepreneurs who are most influential in promoting the fashion market around the world. For this reason, Jose Auriemo was selected as one of the businessmen representing Brazil as he has incorporated fashion through the development of the Cidade Jardim Shopping Mall.
Further, the BoF 500 chose Neto’s shopping mall as it contains some of the international brands in the fashion market such as the Brunello, Hermes, Pucci, Caovilla, and Valentine. The businessman was honored during a gala dinner event held in New York last Sunday where the English Publication was involved in conducting the ceremony. Furthermore, Jose Auriemo Neto is not only in the fashion business but is a successful developer of real estates in Brazil where he operates the company along with Hermes and Jimmy Choo.
About Jose Auriemo Neto’s Business
Jose Auriemo Neto joined the real estate business in 1993 after completing his education in engineering, when he became part of the team of the family business, JHSF Participacoes SA. The company was first started as JHS in 1972 by two brothers that included Neto’s father but was split in 1990 to what is now the JHSF, the real estate company, and the JHSJ. Moreover, Jose Auriemo serves as the Chief Executive Officer of the company and has been in the forefront of growing the company in many aspects of the business including establishing its services department.
Equally important, through Neto’s initiatives of finding the services department, JHSF obtained its first rights to develop its first mall and where it has opened several other malls after. The shopping malls include Santa Cruz, Shopping Cidade Jardim, Shopping Bela Vista, and Ponta Negra among others. Also, the company not only has shopping centers in its portfolio but its other area of focus includes the development of commercial and residential properties, hotels and restaurants, and is the proud developer of an executive airport. What’s more, Neto does not only concentrate on business, but is a family man as well, and is married to Mariana Landmann Auriemo, with whom they have two children.
As an entrepreneur, Guilherme Paulus knows the importance of making sure his companies get a high level of marketing. No matter what industry he works in, Guilherme believes he can make things easier for people traveling. He also knows the importance of creating a travel company that provides both positive experiences and opportunities that people can use for luxury travel. Things continue getting better for Paulus since he knows what it takes to be successful. He is one of the most successful entrepreneurs in Brazil and that’s what allowed him to continue creating more successful opportunities.
When Guilherme Paulus started his hotel business, he knew he would need to work hard to make business better. He also knew things would keep changing if he had the chance to bring attention to the issues in the hotel industry. Since he could do more to help people understand the options they had with his hotels, he pushed to make these things possible. It was also his goal to keep showing people they had someone who cared about their experiences while they traveled. Guilherme gave them the options that other hotels didn’t and that’s part of what set him apart from other hoteliers in the industry.
It didn’t take long for Guilherme Paulus to reach new levels of success. In fact, Paulus had one of the fastest growing hotel success stories in the industry. It helped him show people they had someone who cared about the options and made it easier for him to do things that could create a positive influence for the industry. As long as Paulus knew what people wanted him to do, he could keep making the hotel industry better than it ever was in the past. He could also make things easier for people to understand they had options.
Guilherme Paulus came up with the idea for a tour company. He wanted to use the tour company to help others understand the options they had for traveling to different areas. As long as he could show people what they needed and how they could have fun with the travel tour company, he could make the best choices for them. He could also show others they didn’t have to stress out about the way they went on tours in different areas. Since he had this opportunity, it allowed him the chance to make sure he could help others realize they could do more with their vacations!
Wesley Edens, co-founder of Fortress Investment Group is a man with counterintuitive approach to investment. His rise in subprime lending can be majorly traced back to 2010 after the financial crisis. Wes Edens and his Fortress Group have invested over $3 billion in building a private passenger railroad in Florida when others crazing for self-driving cars investment.
In 2014, Mr. Edens became the co-owner of Milwaukee Bucks, putting his investment in a team whose hope for championships had escaped the minds of many over a half a century ago. Recently, his investment risk taking intuition drove him to buy a majority stake at the struggling EPL club, Aston Villa.
In a statement to dispel people’s fears of bad investment, he says that he wants to see things as they are and not as other people view them. He quips, “You have to make everybody suspend their disbelief that it won’t happen”.
Wes Edens co-founded Fortress in 1998 and he is still the co-CEO. In 2007, Fortress became the first private equity fund to go public, raising his stake to $2.3 billion. In 2017, Fortress was bought by SoftBank at a value of $3.3 billion raising his stake by 40% premium.
Mr. Edens was raised in a ranch in Montana, by a psychologist father and schoolteacher mum. He mostly spent his time outdoors. He says, “there were only two TV stations hence one had two options, to read books or leave the house”. He opted for the latter. During his teen years, he was a very competitive ski racer, a sport he loves to date. He likes skiing and rock climbing near Jackson, Wyoming where he owns the luxurious Caldera Hotel.
Wes Edens graduated from Oregon State University in Finance and Business Administration in 1984.After graduation; he worked with a small bank in Sana Francisco. Later on, an acquaintance at Merrill Lynch encouraged him to try his fortune at Wall Street. Being a risk taker and investment oriented, he gave it a try and landed a job at Lehman Brothers. Wes Edens later moved to BlackRock in 1993, where he was made partner and managing director. In 1998, he and a few colleagues saw an opportunity and decided to make it on their own, thus founding Fortress.
Wes Edens, the Savvy Businessman and Sports Enthusiast
Wes Edens has always had a thing for sports. In the year 2014, he partnered with Marc Lasry and purchased the Milwaukee Bucks basketball team for the amount of 550 million dollars. Since then, he has been a huge part of the management of Wisconsin team which was reported to be worth 1.075 billion dollars as of February 2018. He also started a project to build a new sports arena for the team. With the success of this team, it was only natural that he becomes interested in making more investments in sports. He and another partner of his, Egyptian Billionaire by the name Nassef Sawiris recently bought more than half of the stakes of the English soccer club known as Aston Villa. By doing so, they are taking over form Chinese mogul Tony Xia who had acquired the team in 2016. Tony is, however, to remain on the role of co-chairman in coordination with the two billionaires according to the official statement released by the team. Wesley Edens is excited about this new venture and has a lot in store for the team.
Who is Wes Edens other than a sports fanatic and billionaire?
Wes Edens is one of the founders and principals of Fortress Investment group. Since the company was founded, he has been an active part of its management. Even after the sale of the company to SoftBank which earned him more than a billion dollars, he still remains among the heads of the company. He recently launched the company’s Brightline train project which he is in charge of. Before founding fortress with his partners, Wesley Edens worked at Lehman Brothers firm and before that, he was a partner at the BlackRock firm as well. he is also the founder of the New Fortress Energy and the chairperson of the Nationstar Mortgage company. This is a company that does subprime lending of home mortgages. It was previously known as the Centex Home Equity Firm.
Wes Edens was born in the year 1961 and attended the University of the State of Oregon where he got his B.S degree in Finance and Business Administration.
Surprisingly, the Stream Energy leaders have been successfully established since 2005. Their founders were proud to bring their renewable energy source under a deregulated network. As energy provider leaders their goal is serving the areas that need it the most. As a multilevel corporation they focus on advertising is through word of mouth. They don’t use pricy ads that will affect their customers in the long run because they have to pay for those ads. They currently serve the Texas area, but operate with unique services across the nation. They have cellphone and security services among their network of services.
Recent Business News On Stream
There has been devastating effects of hurricane Maria on Puerto Rico. As a category 4 storm it left the small island in shambles. Unfortunately, it threatened to leave millions of people suffering and have a far greater impact on their social economic status. Stream Energy was one of the first ones that wanted to respond to the hurricane victims. They have been able to restore power to millions of customers. More importantly, this has saved many families from the impact of the devastating storm. Stream is proud to have donated generous time and resources.
You have the opportunity to become a part of their affiliate program with their investment program that continues to help thousands of their customers earn an extra income. You can sell their energy services to other customers through word of mouth to help their multilevel initiative. It has been a great source of income for many customers. You can sell as much or as little as you want along with their cellphone service and home security service. You don’t have to lift a finger to participate in cold calling. Their team of professionals just ask that you sell their services based on them being excellent network providers.
If you’re interested in becoming a part of the Stream Energy network, you can speak to a supportive customer service professional at Stream with your questions and answers today. Join Stream to streamline your energy services and save.
Fortress Investment Group is a limited liability Company founded in 1998 by Randal Nardone, Wes Edens and Rob Kauffman. As of June 30, 2018, it has been managing $41.4 Billion of assets in the private sector. It is one of the world’s largest alternative asset managers with its headquarters in New York City.
Fortress Investment Group deals with credit facilities, permanent capital vehicles, and private equity. They have assets under management on behalf of over 1750 client. These clients range from institutional to private investors worldwide.
Open-end Asset Funds
To give clients a more convenient way to invest, Fortress Investment Group is using open-end asset funds. This type of fund is free from restrictions on the number of shares it issues on stocks. They do this through a private credit effort.
Fortress Investment firm also deals with funds that are meant for real estates, plane leases, intellectual properties, etc. The giant asset manager also owns and runs several other big businesses. They also own Brightline group of trains. The trains can run up to a speed of 79 miles per hour on the Miami and Fort Lauderdale route. On August 29, 2018, Brightline received $1.75 Billion in funding from Florida Development Finance Corp. This will go towards expanding the Miami-to-West Palm Beach route to Orlando with the project expected to end by 2021.
The firm partnered with iPass to offer its members investment opportunities in iPass. iPass operates the world’s largest Wi-Fi network. The partnership reached $20 Million.
20 Times Square
Fortress Investment Group partnered with Maefield Development and acquired the 20 Times Square Property in 2012. In 2015, they built a luxury hotel within the building. Also, they plan to refurbish the popular Palace Theater and add more outdoor screens. They will also lease some rooms to investors.
In 2014, Fortress Investment group won the Hedge Fund manager of the year award. It was also voted the Management Firm of the year.
Donald Trump is the tweeting champion of the world, according to the people who follow him on Twitter. Trump likes to go around government systems and let people know what he’s thinking. But according to some financial investors, what he’s thinking doesn’t make much sense unless you think like Trump. Some people are saying the same thing about Shervin Pishevar. Shervin Pishevar is the former managing director of Menlo Ventures. Menlo Ventures is a venture capital firm that spotted Uber when it was a floundering startup. Pishevar is the guy who thought Uber was going to be big, so he invested $26 million in Uber. Thatinvestment is worth $5 billion today.
Shervin Pishevar’s investment resume is impressive. He’s been on the ground floor of startups like Warby Parker and Airbnb. He started Sherpa Capital in 2013 so he could do his own thing in the investment world, but he resigned at the end of 2017. Pishevar was silent at the beginning of 2018, but in February, Shervin Pishevar came out tweeting. Investors who know how he can spot startup winners sooner than other investors are taking Shervin’s tweet advice. Investors are leaving the stock market because of one tweet in Shervin Pishevar’s 21-hour tweetstorm reminded them the stock market is prime for another crash. A 6000-point crash, according to Pishevar.
Another Pishevar tweet claims the national debt, interest rates, and inflation are forming a perfect financial storm. And Trump’s trade agenda is fueling that storm even though Shervin didn’t name Trump in any of the 50 plus tweets he put out there on Twitter.
Some investors aren’t sure why Shervin Pishevar spent the time tweeting about issues he can’t control. But other investors know Pishevar doesn’t get on Twitter to make a name for himself. His reputation as a venture capitalist puts him in a club of venture capitalists who know how to make money even when financial markets start to go south. That’s why his tweetstorm is so interesting. Pishevar is letting the world know he’s back. He wants to show investors how to be flexible during turbulent economic times, and his tweetstorm shows them what he’s thinking.
When Masayoshi Son founded SoftBank in 1981, he may not have known where its growth would lead him. At the time they were just a wholesaler of PC software. The expansion of the bank, however, became tangible in the 90’s when the company acquired the majority share of Yahoo. The growth would continue, and today it is one of the largest holders of internet company shares. They own a piece of at least 400 companies.
Masayoshi Son however always looked towards diversification. His first step was evident when in 2017 they acquired the Fortress Investment Group for 3.3 billion dollars adding a more than 30 percent premium on the share price. The acquisition of an alternative asset management company whose portfolio is as diverse as it can get was the clearest indication of where SoftBank was headed.
Started in 1998 the Fortress Investment Group has grown to become one of the largest private equity groups in the country. Today the company manages more than 43 billion dollars in assets. These assets range from permanent investment vehicles which are mostly publicly traded companies to distressed assets which are in most cases undervalued. The Group has over the years proved that their unconventional style of investing could pay off in a big way.
Once shareholders gave the acquisition by SoftBank the green light, the next hurdle was the foreign investments Committee. This is the group responsible for vetting all deals being made at an international level, especially if they involve the acquisition of an American firm by a foreign one. To fulfill this SoftBank had to agree to some concessions which meant that the day to day operations of the firm would be left to the founding partners as well as the already established board. This was something the investor was willing to accept as the management has already proved capable of running the group by the time of purchase.
SoftBank has been able to inject private funds into the Fortress Investment Group, which has enabled them to become more aggressive as they pursue larger deals. Wes Edens, one of the founding partners, has also gone on record to state that since the acquisition of the Fortress Investment Group, it has enjoyed the best twelve months of its existence. This in part he notes was a consequence of the group returning to private hands. The decision makers are now able to make more decisions without having to convince shareholders of the same.