Peter Briger is one of the most influential contributors in the financial industry. His education, experience, and knowledge allowed him to become a billionaire. Having studied at the universities of Pennsylvania and Princeton, he used his craft and his passion for being one of the essential contributors of the Alumni Entrepreneurs Fund of Princeton, which is a fund that provides recent graduates some financial aid so they can start their lives without unmanageable problems.
After graduating from college, Peter Briger immediately became a professional in finance where he joined Goldman Sachs. He has always been an expert in funding, which is why he worked so well at the mentioned global brand until he started his adventures with hybrid hedge funds. He discovered his skills in this type of investment, which may have later prompted him to become a part of the Fortress Investment Group, which was just four years old at that time.
In 2008, Peter Briger immediately climbed high in the ranks among other billionaires. According to Forbes, he was at number 962 on the list. Most of his wealth was from the Fortress Investment Group, which was acquired by Softbank where he received a little over eight dollars per share.
During that time, many were curious about Softbank’s interest in the investment group. The company itself admitted that the acquisition was a part of its $100 billion Vision Fund. The goal was to seek out human capital as well as investment potential. It is easy to see why though; Fortress Investment Group had quite a number of valuable assets in its profile, which included railways. These assets could be improved so that they could be among the new infrastructure for transportation.
As for Peter Briger and the other executives, they all stayed with the company, so that they can continue providing their services and expertise. He has always been highly-regarded for his eye in finding valuable assets, which is quite useful to Softbank. He can be considered an asset to the financial world, particularly for the company he works with and represents. He is now a part of the Forbes 400 list, which comprises of the top businesspeople from around the world.
The Principal as well as the Co-Chairman of the Board of Directors of Fortress, Peter Briger has earned more than $27 million during the fiscal year of 2016, making him one of the top earners in the industry today.