Who gives more than Peter Briger? Some might donate a little of their time or a little of their money, but Peter Briger does both. He is a billionaire that gives more than he takes.
Inflation will naturally increase the amount of money needed to qualify as wealthy. It used to be that millionaires were a big deal. Now, the top wealth category is billionaire.How many billionaires are there in the world? In 2015, Forbes listed 1,826 billionaires. And where was billionaire Briger on this list?Peter Briger was listed as #968 on Forbes 2008 “Billionaire’s List.” The fortunes of these top producers might change dramatically. Many of them are tied to large corporations, where they own many types of shares.
For Mr. Briger, the Fortress Investment Group was the primary source of his wealth. He had done well for himself at Goldman Sachs, but Fortress was another story. It was the first hedge fund to go public and made a number of billionaires when it was sold to SoftBank. SoftBank wanted to add both physical and human assets. Former Goldman Sachs employees, such as Peter Briger brought a number of key skills and connections with him. He was retained by SoftBank as manager of the Fortress hybrid hedge fund.
Future Princeton Startups
Peter Briger studied at both Princeton and Penn. He has also helped fund a program for Princeton startups. What is better than helping intelligent college graduates, who want to start their own business?This helps creates jobs. It increases the value of a Princeton education. The Princeton Alumni Education Fund (PAEF) makes up to $100,000 available to men and women who want to start their own company. But, if that is not valuable enough, Peter Briger also will mentor some of these future business owners. He gives both his time and his money to help create the next generation of entrepreneurs. The PAEF seeks to create the right mindset in business owners. It can be challenging to bring new products and services to the market. This fund and Mr. Briger help the entrepreneurs discover how to prepare for success. Some billionaires simply bury their wealth at the bottom of some Swiss mountain. Thankfully, billionaire Peter Briger shares his wealth of wisdom and money with the world. Who gives more than Peter Briger?