If you are new or only been in the investing community for a short period of time you may not know who Richard Rainwater is. He may be best know for an investment in Disney where he was influential in installing Michael Eisner as head of the company. Rainwater was diagnosed with a debilitating neurological disease in 2009 which he has since assembled an all-star team of doctors and researchers to combat the disease which has roots in Parkinson's and Dementia
Rainwater was also featured in a November 2011 Fortune article here gives further insight into progressive supranuclear palsy the disease that Rainwater is battling and his career that he turned into a billion dollar business.
- Of all life's cruelties, it seems especially tragic that Richard Rainwater would suffer from this affliction. Rainwater is a self-made billionaire, a Texas incarnation of the Horatio Alger story. But he hasn't built a chain of discount stores or a computer company or even a private equity firm to leave behind. No, Rainwater's business genius has always been his energy and imagination -- his uncanny ability to see where the world is going and find a way to exploit that turn. It was his personal magic that made big deals happen: his ability to pick the right opportunity, the right partners, the right CEO, and then to provide inspiration. The billion-dollar edifice he built was all in his head.
No comments:
Post a Comment