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Theodore Joseph Forstmann (February 13, 1940 – November 20, 2011) was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. [2] A billionaire, Forstmann was a Republican and a philanthropist. He supported school choice and funded scholarship programs ...
Forstmann and the late John Walton met as donors to the Washington Scholarship Fund (WSF), founded in 1993 to provide scholarships for low-income families in Washington D.C. When more than 8,000 applications applied to WSF for the 1998-99 school year the two men realized there was substantial demand among poorer families for alternatives to the ...
Forstmann was a founding partner and investor in Instinet, the first electronic trading platform. Forstmann Little & Co. Forstmann was an original investor in Forstmann Little & Company in 1975 with his two brothers, Theodore J Forstmann (Ted) and Nicholas C Forstmann (Nick). At its peak, the company was one of the largest private equity firms ...
On Monday, global sports and media behemoth IMG announced the death of its chairman and CEO, Theodore J. "Ted" Forstmann, from brain cancer. Forstmann, born in 1940, was a former investment banker ...
Conrad was a 20-year-old bank teller at the Society National Bank in Cleveland when he walked out at the end of his workday on a Friday in 1969 with a paper bag containing $215,000, authorities ...
Here's how. That's a far cry from the $1.46 million Americans believe they need to retire comfortably, according to research from Northwestern Mutual. And if these young boomers decide to spread ...
IMG, originally known as the International Management Group, is a global sports, fashion, events and media company headquartered in New York City. [1] The company manages athletes and fashion celebrities; owns, operates and commercially represents live events; and is an independent producer and distributor of sports and entertainment media. [2]
Werner Theodor Otto Forßmann (Forssmann in English; German pronunciation: [ˈvɛʁnɐ ˈfɔʁsˌman] ⓘ; 29 August 1904 – 1 June 1979) was a German researcher and physician from Germany who shared the 1956 Nobel Prize in Medicine (with Andre Frederic Cournand and Dickinson W. Richards) for developing a procedure that allowed cardiac catheterization.