With a team of over three hundred employees looking up to him for guidance, Peter Briger of Fortress Investment group is definitely not your average businessman. His experience of over two decades in the finance and investment field is sufficient proof of this. Currently serving as one of Fortress’s principals, Peter has had a long way coming and even though he proudly sits on position 317 of Forbes list of top 400 business professionals and also on Forbes list of world billionaires, Briger is the perfect definition of self-made success. Below is a brief overview of his journey.
How Peter Briger made his way to the high table
Peter began his journey on a lucrative note when he attended the Princeton University and received his Bachelor’s in business. As a man seeking to get to the top, he was aware that he needed to go the extra mile and stand out from the rest of the businessmen and experts in the crowd and a mere bachelor’s degree would not achieve that.
In respect to this, he pursued his MBA at the University of Penn and his efforts bore him fruits because he got the chance to kick-start his career at one of the most prominent companies known as Goldman Sachs. His stay here was a long one because, in the next one and a half decade, Peter Briger served various roles in the company. However here is where he noticed his prowess in investing in distressed debts and undervalued assets. He took advantage of this such that by the time he was leaving for Fortress Investment in 2002, he was already highly proficient.
He had a lot to offer to FIG and in the next four to five years, Peter did nothing but display his prowess in the areas mentioned earlier and this came with massive returns not only for Fortress but also on his part too because he ended up joining the billionaires club after his net worth increased tenfold. Today he serves FIG as the co-chief executive and is in charge of the firm’s real estate and credit fund business. Meet Pete Briger: A Titan in the Investment and Finance World
Peter Briger and bitcoins
In the past one decade, the popularity of bitcoins has been skyrocketing with investors across all divides rushing in the frenzy to get their share of profits and Peter Briger is no exception. He is particularly intrigued with bitcoin technology and thinks that it is the next game changer. That is why he helped lead Fortress to the world of bitcoins by initiating partnerships between FIG and firms such as Wells Fargo, Peter will help bridge the gap left by bitcoin weaknesses such as the lack of an American based regulated exchange for the cryptocurrency. Fortress Executives to Cash In $1.39 Billion From SoftBank Sale