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Peter Briger’s successful career in finance and philanthropy


Peter Briger’s successful career in finance and philanthropy

With an MBA from the Wharton Business School of the University of Pennsylvania and a Bachelors of Arts degree from the University of Princeton, Peter Briger has had quite the successful career. He kicked off his career by joining the Goldman Sachs Company where he worked for one and a half a decade. Briger served Goldman and Sachs in various positions in different departments including the operational department, management, and was a shrewd leader as well. By the year 1996, Briger became a partner at Goldman Sachs. Goldman Sachs is an investment banking company with a lot of prestige. Working for the company for as long as he did earn Peter vast knowledge and prowess in the industry. In 2002, Peter Briger left Goldman Sachs and joined Fortress Investment Group.

Peter Briger at Fortress Investment Group

Fortress is one of the World’s largest investment management companies managing assets worth more than 40 billion dollars. The company serves both private and institutional investors. Peter joined the company as a co-management Officer. Peter is recognized as a chief influencer when it comes to the publicizing of Fortress which resulted in its massive success in the industry. Peter Briger is also responsible for the real estate and credit business at Fortress; he is a co-chairman of the company as well as a member of the board of directors since 2016.

Following the acquisition of Fortress by SoftBank in December 2017, Briger made 1.39 billion dollars from the sale of his shares which exceed sixty-six million. In addition to his previous net worth, Peter is currently worth 2.3 billion dollars and has been ranked 407 by Forbes in the World Billionaires List.

Beyond Fortress Investment Group

Apart from his roles at Fortress, Peter is also a board member at the Tipping Point. Tipping Point is a non-profit organization that helps low-income families in the state of San Francisco. He is also a member of the board of the Caliber Schools, a system of grant schools that is dedicated to assisting students in preparing for a successful four year run in challenging and competitive colleges and beyond.

Peter Briger is an active philanthropist as well; he has reportedly invested close to 600 million dollars towards maintenance and conservation of New York’s Central Park. Furthermore, he has invested in other causes aimed at the promotion of education and the alleviation of poverty in poverty struck demographics.

https://patch.com/new-york/new-york-city/force-innovation-two-decades-fortress-investment-group

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