What is Peter Briger’s Rank on Forbes Billionaire List?

Billionaires seem to be increasing in number. The category has become very competitive as capital flows around the world. What is Peter Briger’s rank on “Forbes Billionaire List?”

Peter Briger Education

Peter Briger studied at Princeton University and the University of Pennsylvania. In fact, he is one of the important contributor’s of the Princeton Alumni Entrepreneurs Fund (AEF). This fund provides recent alumni with the means to make their dreams come true.This is a great reason why individuals might choose Princeton over other educational institutions. While gaining knowledge is a valuable pursuit, many graduates also want some assistance with creating their own business. This Princeton Entrepreneurs Fund provides the resources to make this happen.Since 2015, this fund has already invested in 25 alumni startups. Princeton alumni can receive up to $100,000 in matching funds, mentorship and peer-to-peer learning opportunities. This allows the alumni to learn from successful entrepreneurs, such as billionaire Peter Briger.

Fortress Investment Group Principal

After college, financial professional Peter Priger joined Goldman Sachs. He used the financial expertise from working at this global brand to build up his hybrid hedge fund skills. Peter Briger joined the Fortress Investment Group, 4 years after its founding.According to Forbes, Peter Briger was #962 on the “World’s Billionaires List” in 2008. The largest portion of his wealth were received when the Fortress Investment Group was sold to SoftBank for $8.08 per share.Why was SoftBank so interested in the Fortress Investment Group?

The purchase was part of SoftBank’s $100 billion Vision Fund, which sought out both “investment potential” and “human capital.” Fortress had many very valuable assets on its books, including railways that could be upgraded to becoming the new transportation infrastructure.Peter Briger and other leading executives stayed on with Fortress to provide their human capital. Their expertise in finding valuable American assets would be very advantageous to the Japanese SoftBank. Peter Briger’s Goldman Sachs ties were probably a key part of this human capital investment.