The Story of the Life of Richard Liu Qiangdong as an Entrepreneur

Richard Liu Qiangdong is one of the richest individuals in China with a worth of about US$11 billion and CEO of JD.com, a leading e-commerce platform in China which is worth about US$60 billion. Richard Liu hails from a humble background and he worked his way up to become a prominent individual in the e-commerce sector.

The journey to success started when he was in college. Mr. Richard Liu Qiangdong was struggling financially and amidst the financial challenges, he started a restaurant which did not see the light of the day. He then ventured into computer accessory business. The business blossomed after a short while to expand into 12 shops within the same line of business. Things took a nasty turn during the sars outbreak in early 2000s. The businesses closed down and while pondering on the next move with his workers, the idea of selling products online came along.

Richard Liu ventured into e-commerce sector fully in 2004 with the launch of JD.com. He started off with a few products including digital electronics, mobile phones and IT equipment. The entrepreneur worked around the clock to add products into the platform. Additionally, the e-commerce sector was full of fraud and counterfeit goods. Mr. Qiangdong realized that and endeavored to sell authenticated goods only. He also issued invoices, endeavors that gave the business an edge in the competitive market.

The platform is now full of products adding up to about 1 billion. The many options available for customers in the platform makes it one-stop shopping platform. Richard Liu Qiangdong now looks to take his business global and make it number one e-commerce platform in the world. But first, he aims to bring the best products from around the world to China. He will then work to take his business to South Asia, Middle East and the United States.

Richard Liu is an entrepreneur who believes in himself and competes with himself. He is also trying to be a better person and as a family man, he is always trying to be the best father, husband and son. The entrepreneur is now recognized worldwide. Richard Liu Qiangdong attributes his success to hard work. He schooled with a hard-working group and as a result, all his friends are now successful.

The Life of Peter Briger, Principal and Chairman of Fortress Investment Group

Successful people are rare in the market at the moment. To become successful in the tight market, all professionals must work hard and invest their little resources in the right places. Getting wealthy fast no longer possible. People have to use the traditional way of climbing the success ladder from the bottom to the top. Hard work and discipline means everything to the people who have already made it in life. Peter Briger, a principle, and co-chairman of the prestigious Fortress Investment Group sets the example of an individual who has endured hardships on his way to success. His story is one that shows that everyone, regardless of their family background, can reach to the top. Learn more about Peter Briger at Princeton Entrepreneurship Council

Peter Briger, at the moment, is based in San Francisco. His career life started getting in the right direction when he registered for a BA at Princeton University. Immediately he got his degree the businessman proceeded to the University of Pennsylvania where he managed to get an MBA. Peter Briger laid a powerful background for his career life by working extremely hard in his studies in school. Unlike many, the finance executive refused to settle for just one degree. According to him, the American market was too tight, and it was also suitable for people with the best academic qualifications. His education has been assisting him in running the Fortress Investment Group.

As a principal of a global firm that specializes in complex financial services, Peter Briger is always faced with complicated issues that require so much knowledge in the industry. His MBA has helped him in ensuring that the company is always running in the perfect condition. Before starting the company, the businessman, according to his portfolio, had already worked in the financial services sector for a long time, and he had come across almost all of the issues that need to be handled with care in the market. Peter Briger is a unique personality who, apart from having a great career, is happy to take part in helping the community. There are many families that have received help from Briger in the past.

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FORTRESS INVESTMENT GROUP INVESTS MORE IN  PROPERTY ASSETS:

The Fortress Investment Group is a managing investments company that carries out its operations globally. Currently, it has enlisted more than 1,700 private investors and institutions in its portfolio and it manages over 70 billion dollars in assets.

THE 20 TIMES SQUARE DEAL:

The privately held company has now expanded its horizon into Times Square and earlier this year, the company together with other institutions purchased Palace Theater. In addition to this, Fortress Investment Group collaborated with Maefield Development to purchase the asset at 20 Times Square.

Additionally, the two companies also bought out Winthrop Realty Trust, New Valley which is owned by Howard Lorber, Ian Schrager and Steve Witkoff who were their partners. Subsequently, the closing of the acquisition allowed them to own the over 1.5 billion dollar property fully.

HISTORY OF THE 20 TIME SQUARE DEAL:

The group of investors came together in 2012 and purchased the building for over 400 million dollars. When they purchased it, it was a building site for offices. However, in 2015 they started the construction of a lavish hotel. The 39 stories hotel has over 450 rooms. It also includes rental spaces which are owned by the owners of the lease.

When the two partners bought out the others, they were all looking for approximately 1.299 billion dollars to elevate the property and to expand the theater and include a giant screen for outdoor signs. The Time Square is a popular tourist site and any investment in it is bound to be fruitful.

ABOUT FORTRESS INVESTMENT GROUP:

The investment firm was started in 1998 by Rob Kauffman, Randal Nardone, and Wesley Edens. The privately held company employs more than 900 people.

The investment company has various functions which include capital investment, creation of credit, coming up with strategies for real estate, hedge funds, and private equity. The assets firm has been a capital partner to various companies throughout its existence.

In 2007, the company went public and Goldman Sachs and The Lehman Brothers underwrote the IPO. The company went down American history as the first huge private equity company to trade publicly. Due to its progress and development, the company has managed to win numerous reputable awards. In 2014, the investment company was awarded with the annual Hedge Fund Manager award.

In 2017, the company was bought by SoftBank Group for 3.3 billion dollars. Although this company is based in Japan, the Fortress Investment Group’s headquarters is still in New York.

Matt Badiali Focuses on Silver as Its Value Reaches Low Level

Silver has just hit a low it has only sunk to five other times in the past decade. Although this is a clear sign of the times, and further evidence of the pummeling precious metals is currently receiving, for investors this is a great thing. Silver is cheap! This means a good silver investment can be had for a low output, and since the last it fell to this level resulting in a 38% climb, prospects are good. So good that investment expert Matt Badiali is telling his followers its time to purchase some silver.

Matt Badiali is an analyst for Banyan Hill Publishing. His expertise is in the field of natural resources. Most people know him from his popular freedom checks ads, but those who have dug a little deeper have discovered a lot more about Badiali. For one thing Matt Badiali is a geologist. He actually travels around personally vetting resource operations to create reliable projections. Those travels take him all over the globe. He look at the operations themselves, talks to the people, interviews CEOs, and even tests soil samples. Freedom checks is only one of the man opportunities Badiali vouches for. Lately, he has been focused on the cannabis industry in the wake of Canada’s upcoming full legalization. In light of silver’s recent fall, Badiali has also started directing people the precious metals way.

The thing about silver is that it will bounce back. It has too, the metal is highly used for industrial purposes. In fact, green energy uses a lot of silver in its conservation tech. As this type of energy gains more focus in a society investing more and more in renewable energy sources, the need for silver will increase, This demand will bring silver’s value back up and anyone owning some will have their investment increase. Last time the increase boomed 38% in a period of five months. A nice increase for investors. This time the increase could be much more, especially if investors give it a few years. This is why Matt Badiali is telling people to invest now. The opportunity is a rare occurrence. To know more about him click here.