There are very few railroad tycoons out there anymore. Often, when you think of a railroad tycoon or master of business you probably think of someone that looks like the Monopoly Man. However, the railroad tycoons of today are nothing like that. They did not inherit their fortunes like the Rockefellers of the world but worked to get to where they are. One of these men is none other than the well-known businessman, investor, and business strategist Gregory James Aziz.
Gregory J. Aziz became a tycoon when he pulled his company, National Steel Car, from out of the mud and back into prominence in the industry. Before James Aziz purchased the company in 1994, National Steel Car was in some dire straits. The previous owners had completely stripped the company of capital and had not made a major capital investment in decades. Once the trucking companies started to take over the logistics industry, the previous owners panicked. National Steel Car when through a series of acquisitions and disposals with each owner adding new strategies while taking out more capital. This just created a mess of a company with no clear direction to follow.
The first thing Greg Aziz did was give the management team a direction to follow. He knew that in its heyday, National Steel Car prided itself on its engineering capabilities. Aziz made this the focus on the new and improved company. He hired new engineers and designers to work tirelessly on designs that would create the highest quality cars on the rails, while also making sure not the break the bank of the customers who wanted to buy them. See This Page for additional information.
Next, Aziz put millions of dollars of his own money into the company to help hire additional laborers and increase the capacity of the plant. New machines were installed and equipment was upgraded to be top-of-the-line, helping the workers deliver the best cars out on the rails. In just a few short years, National Steel Car’s production capacity increased by over 300%, and an additional 2,000 workers had to be hired to keep up with production.
The last thing that Aziz did was expand the service area covered by NSC. He worked with some of his contacts in the industry, and he created new contacts all over North America. When it was all said and done, National Steel Car had transformed into a small, weak, and failing local manufacturer of rolling stock, to a large, international, and growing manufacturer of high-quality rail cars. All of this success is owed to the new and improved types of railroad tycoons like Gregory J. Aziz. The company received TTX SECO award for quality, for over a decade.
Hussain Sajwani is a United Arab Emirates entrepreneur who has made a fortune in real estate development. He owns and operates DAMAC Properties which has property developments across the Middle East. His specialty lies in luxury residential homes that are supported by retail space he develops which are occupied by high-end brands like Versace and Bugatti. He is well-known for doing over the top marketing like giving away a Rolls Royce to those who buy his properties.
It was in 2002 that Hussain Sajwani launched DAMAC Properties. It was in that year that the government of the United Arab Emirates relaxed the rules regarding foreigners owning property in that country. He saw this as an opportunity to develop properties for wealthy foreigners in Europe, the United States, and countries in Asia. He had already been an entrepreneur for almost 20 years having launched his first business, an international catering firm, in 1983.
In 2013, Hussain Sajwani formed a partnership with Donald Trump. The deal stipulated that Donald Trump would manage the golf courses that were to be located in two huge developments DAMAC Properties would build near Dubai. The first one, Trump International Golf Course Dubai, was completed in February 2017. This one is located in the Akoya property development. The second one is expected to be completed towards the end of 2018.
Hussain Sajwani says that after his latest property development is completed near Dubai he is going to have DAMAC Properties focus more on real estate opportunities in Europe. He has already invested in a tower under construction which is located in London. He says his ultimate dream is to have DAMAC Properties located in all of the major hubs in the world such as New York, Paris, Tokyo, Toronto, and so on.
Primarily because of DAMAC Properties, Hussain Sajwani is worth about $4.2 billion. He has chosen to donate some of this money in order to improve the lives of people around the world. One example of this occurred five years ago when he joined an initiative that had been launched by the Ruler of Dubai. This effort involved providing clothes to children around the world who live in desperately poor conditions. He gave AED two million to this cause. This was enough money to provide warm clothing to around 50,000 children. He said that he wanted to do his part to helping children get off to the best start in live available to them.
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The disease of muscular dystrophy is beginning to lose the battle against modern medical research thanks in a big part to Scott Rocklage, PhD, who is the managing partner of 5AM Ventures. A leading venture capital company for the healthcare industry’s research, technology and drug development efforts.
Scott Rocklage became a venture partner with 5AM Ventures in 2003, in 2004 he was appointed the managing partner and has maintained that position with immense success ever since. His latest endeavors include teaming up with other venture capitalist in the healthcare industry to tackle Myotonic dystrophy I (DM1) which is the primary cause of adult muscular dystrophy. All of the venture capital companies combined have recently added $55.3 million dollars to the fight.
The lab soldiers in the fight are being lead by Expansion Therapeutics, a drug research and development company who’s recent findings have uncovered that symptoms of the chronic disease appear when toxic levels of RNA are reached. RNA molecular transfer from a patient’s DNA is converted to proteins and reaches a toxic level then Myotonic dystrophy I sets in. Causing major nervous system and other systems in the body to break down and become defective.
Lead by research from the lab of Matthew D Disney, PhD. Expansion Therapeutics is developing small molecule medications to fight the disease related RNA to arrest the growth of toxic levels. Learn more: http://www.rennovia.com/team/scott-m-rocklage/
Currently RNA triggered disease such as myotonic dystrophy at the time have no way of being treated but this is a huge step toward overcoming that challenge and the entire Expansion Therapeutics team is determined to give both hope and treatment to those patients who have neither right now. In addition to treating toxic RNA levels with small molecule medications the research team is at the same time working to develop medicines and treatments for patients that have direct medical needs as well.
The optimism and hope the researchers are expressing can be reinforced by the fact that they have Scott Rocklage in their corner for this fight. He has been responsible for getting approval for the innovative medications Teslascan, Omniscan and Cubicin from the FDA as well as being the inventor or co-inventor of 30 United States Patents. He began his education at Cal Berkeley with a major in Chemistry and then went on to receive his PhD. in the same major at M.I.T.
Rocklage can be found operating the 5AM Ventures main office in Boston these days.