Wilbur Ross: Turnaround Artist or Man About Town?
Billionaire turnaround investor Wilbur Ross is 69, grew up in Weehawken, NJ and recently married a socialite 15 years his junior, according to the NY Social Diary. Subsequently, Ross, who ranked 278th in the Forbes 400 list in 2004, saw his social life take off:
The latest Ross marriage, like his business career, marked a crest of the wave in the life of this man whose public profile theretofore had been quiet and low-key. Hilary Geary Ross almost immediately brought a glamour to her man’s life. They acquired a big house in Palm Beach. She sold her apartment at the posh 580 Park Avenue and moved to his newly redecorated (by Mario Buatta, and photographed – cover also – for Architectural Digest) digs in the Sherry Netherland overlooking Central Park and celebrated with several cocktail parties entertaining hundreds of their friends. (They retain the estate in Southampton that she inherited from her first husband.) They appeared on the cover of Avenue magazine (Hilary also writes a monthly social column for Quest).
Comment: Sounds like Old Wilbur may be taking his eye off the ball!
Wilbur Ross Close-Up [NY Social Diary]
Limerick of the Day
There once was a young analyst
Whose girlfriend would often get pissed
    He was good with projections
    But when it came to erections
His performance ranked low on the list.
Limerick of the Day
There once was a banker from Morgan
Who was balder than Billy Corgan
    And the girls would all rave
    Most when he’d shave
The hair off his balls and his organ.
Limerick of the Day
A gal in human resources
Was known for her fondness of horses
    Like Catherine of fable
    She’d sneak to the stable
And get serviced by equine forces.
Limerick of the Day
There once was a Smith Barney broker
A pervert as well as a toker
    He preferred a large ass
    And would give a girl grass
In return for getting to poke ‘er.
Man Group Chairman Doesn’t Seem So Charitable to Us
Man Group Chairman Harry McGrath is an all-round charitable guy, says Andrew Davidson of The Times (UK). The Chase-trained hedge fund kingpin can afford to donate his time to causes like advising non-profits on information technology given his £120 million estimated net worth. “Putting something back is the casual phrase that explains it,” McGrath says. “It’s nice to be in a position to do so from the point of view of time and financial capacity.” Whatever. It doesn’t sound like this guy is exactly working in soup kitchens or building houses foe Habitat for Humanity. Lending his name and sitting in on a few meetings hardly qualifies him for Humanitarian of the Year Award.
