Today’s scouting report on America’s Dream Team Vincent Viola, Secretary of the Army

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The son of a truck driver from Brooklyn, Vincent Viola started the electronic-trading firm Virtu Financial in 2008. He took the company public in April 2015, touting its can’t-lose business model and the fact that it turned a profit on 1,484 of its first 1,485 days in operation. Viola graduated from West Point in 1977 and New York Law School in 1983. He reportedly paid $105 million for a Brooklyn building in 2016, not far from where he grew up. Viola also owns the NHL’s Florida Panthers.

Born: 1956 In Brooklyn, New York, United States
Spouse Teresa Viola
Children 3
Residence New York City, New York, United States
Occupation Founder, Virtu Financial
Owner of the Florida Panthers NHL ice hockey franchise
Vincent Viola on Forbes Lists:
#374 Forbes 400 (2016)
#307 in 2015
#959 Billionaires (2016)
#338 in United States

He is a veteran: The son of a truck driver, Viola grew up in Brooklyn and was reportedly the first member of his family to attend college. He graduated from West Point in 1977 and served in the 101st Airborne Division before eventually attaining the rank of Major in the Army Reserves.

He has remained involved in military affairs: In 2003, Viola established and funded the Combating Terrorism Center at West Point, which researches counterterrorism policy and educates soldiers and government officials on how to confront threats.

He made a fortune in electronic trading: Viola joined the New York Mercantile Exchange in 1982 and was its chairman from 2001 to 2004. But he owes his fortune to Virtu Financial, the electronic-trading outfit he founded in 2008. The company — which uses powerful computers to make large numbers of transactions at very high speeds — turned a profit on 1,484 of its first 1,485 days in operation. Michael Lewis, in 2014 his book “Flash Boys,” pointed to Virtu’s winning streak as evidence that high-frequency traders have a huge informational advantage over other investors. Viola took the company public in April 2015.

Owns valuable New York real estate: Viola owns a 20,000-square-foot townhouse on the Upper East Side of Manhattan, near Central Park. In December 2013 he listed the home — complete with a giant red bow tied across its facade — for a staggering $114 million. He later quietly reduced the price to $98 million before pulling it from the market. This past April Viola paid the Jehovah’s Witnesses $105 million for a Brooklyn building located near his childhood home.

He owns the Florida Panthers: Viola bought the NHL team from a group of investors that included billionaire Wayne Huizenga for $160 million in 2013. Since taking over, he has reportedly brought his military ties to the team, holding training camps and playing exhibition games at West Point.

“Whether it is his distinguished military service or highly impressive track record in the world of business, Vinnie has proved throughout his life that he knows how to be a leader and deliver major results in the face of any challenge,” Trump said in a statement.

“This great honor comes with great responsibility, and I will fight for the American people and their right to live free every day,” Viola said in a statement. “A primary focus of my leadership will be ensuring that America’s soldiers have the ways and means to fight and win across the full spectrum of conflict.”

 

 

 

 

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3 Responses to “Today’s scouting report on America’s Dream Team Vincent Viola, Secretary of the Army”

  1. hocuspocus13 Says:

    Reblogged this on hocuspocus13 and commented:
    jinxx🎄xoxo

  2. TrumpPresidente Says:

    Thanks!

  3. hocuspocus13 Says:

    Reblogged this on hocuspocus13 and commented:
    jinxx󾓦xoxo

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