Few understand how the Internet impacted the world. Shervin Pishevar is trying to create awareness of a new economy that does not require individuals to remain silent and complacent. Citizens no longer need to accept only what another human being will distribute via it be by pseudo-capitalism, communism, or other non-technology centric economic system. Shervin Pishevar recognized that we have the power, in direct communication with each other, to make our own deals.
Global Economic Climate Change
Too big to fail banks relied upon pre-Internet economics to argue their necessity. Americans bought into their empty image. Bailing out the banks of 2008 was a mistake. Few argue against this economic diagnosis. Still, many fear change more than they do mismanagement of their finances.
One good thing that came out of the 2008 bailout was motivation in the fintech entrepreneurial space. Satoshi Nakamoto digitally penned an idea that would prevent such an occurrence from ever happening again. Who could foresee how receptive everyday citizens from around the world would take Satoshi’s idea?
Today, the largest companies of the world are following in the footsteps of these early blockchain pioneers. Shervin Pishevar touched upon this market condition in bringing attention to tech monopolies and their stifling of small business. Must they be at odds? Is there any way that blockchain technology can provide a solution? Shervin Pishevar believes that blockchain will win out in a monopolistic economic climate. After all, it was blockchain that succeeded in the wake of the big banks and it is in blockchain developers whom these large corporations follow.
Emerging Solutions in Blockchain
It was the little startups that brought us blockchain. Long established organizations followed later. Whether they be first world governments or corporate conglomerates, many who had held power before the Internet are now finally playing catch up.
Blockchain technology has so many potential applications. One of the most notable is in logistics. In a world interconnected across oceans, logistics are increasingly important to distribute products beyond regional locations, across national borders, and through conflict areas.
Randal Nardone is a prominent lawyer who shifted his career into finance. He started his career in Thacher Proffit & Wood. He then moved to BlackRock Financial where he upgraded his ranks after which he further proceeded to the Union Bank of Switzerland. Despite that it might seem like a great achievement working in one of the high-class Swiss banks in the entire world, it was not enough for Randal Nardone. He never achieved satisfaction, and hence he decided to venture into the establishment of Fortress Investment Group. That took place in 1998. This company has tremendously grown and expanded.
The recent explosive growth of Fortress Investment Group has enabled him to be featured in the Forbes list of the Billionaires. Randal Nardone was ranked in position 557 in the Billionaires list with a net worth of 1.8 Billion US Dollars. Nardone has entirely made this wealth just by himself. Randal Nardone massive wealth is almost entirely connected to Fortress Investment Group. He has also managed to make more than 100 Million US Dollars in other cash compensation.
Randal Nardone is currently the Chief Executive Officer of Fortress Investment Group. His partnership in this company in 2011 was appropriate if we consider his former roles. On 30th June 2016, it was reported that the Fortress manages and controls over 70 billion US Dollars in alternative premises. Fortress Investment Group Assets are diversified between liquid hedge funds, equity as well as credit funds.
In addition to the massive definite financial accomplishments by Nardone, there was also incredible wealth that was brought about by other achievements. It’s through his governance and guidance that Fortress Investment Group earned an award in 2014 as the ‘Hedge Fund Manager of the Year” as well as “Management Firm of the Year’’. The two awards were offered by Institutional Investors and HFMWeek respectively. Apart from these awards, Fortress Investment Group was also recognized and exalted by the institutional Investors as the Discretionary Macro-Focused Hedge Fund of the Year, specifically 2012. It was also known as the “Credit-Focused Fund of the Year” for two consecutive years, 2010 – 2011. All these achievements have been experienced after the growth and development of Fortress Investment Group.
Nardone have been able to create a good name for this company which has in turn earned him much respect and recognition. Fortress Investment Group has the potential to grow and expend even further.
Michael Burwell is the Chief Financial Officer for Willis Towers Watson, and he believes that one of the best things that people can do to in life is to listen intently to others. He works his hardest at being present, in the moment, when he is communicating with people and feels this is the best way to truly get to know someone. When someone in his company has what could be the next great idea, he works to ensure that it gets looked at so it doesn’t simply vanish without ever of having the chance to see the light of day.
Michael Burwell has always worked with companies to get more from less, and he is a believer of technology and how it can help people to become more productive. Coming from this place, he always shares apps with others that he has found useful in his life, and he also tries to find out what apps they use to help them out. When it comes to finding success, Michael Burwell believes that being relentless and positive are two important traits that always help.
During the month of August in 2017, Willis Towers Watson made an announcement that Michael Burwell would be taking over its Chief Financial Officer. With more than three decades of experience in the financial services industry, he took over for the former Chief Financial Officer of the company, Roger Millay, who voluntarily retired. Burwell has served the companies he has worked for over the years in different roles, and many of them have been financial roles where he has taken up a leadership position. Burwell also has worked as an auditor as well as a transaction services advisor who has worked with valuation and pre-merger due diligence.
Michael Burwell studied at Michigan State University where he earned his Bachelor of Arts Degree in Business Administration. He is also a certified public accountant and was given the title of Alumnus of the year in 2010 by Michigan State University. He worked with Pricewaterhouse Coopers LLP. (PwC) for many years and served the company as a business advisor. In the late 1990’s, he took over in a leadership role for the company’s central U.S. transaction business, and he became its Chief Financial Officer in 2009 as well its Chief Operating Officer in the United States. Before his current role as Chief Financial Officer for Willis Towers Watson, he served as the Vice Chairman Global and U.S. Transformation for PwC. Visit This Page to learn more.