He is responsible for turning the company where he works into one of the world’s leading investors, with assets worth millions of dollars.
Bruce Flatt He is one of the main managers of the international investment firm, Brookfield Asset ManagementThe businessman is the company’s CEO and is credited with turning the business into a global private equity, infrastructure and real estate manager. His multi-million dollar investments also resulted in his large donations.
The Canadian investor delved into the development of his successful career and stated: “Over time, we have proven that the five most important principles for success in real asset investing”The executive of the investment conglomerate indicated that their successes are based on their maxim of betting on what they know. In addition, he maintained that capital must be diversified, buying at a discount on the replacement cost, thinking about quality businesses and financing with debts without specific recourse to the asset.
The story of Bruce Flatt, the Canadian billionaire who became a financial CEO
The advisor was born in Canada in 1965 and followed in the footsteps of his father, Ian, who was a senior executive at the investment fund manager Investors Group for 43 years. The family legacy allowed him to achieve Summa Cum Laude in the University of ManitobaHis first professional steps were at Clarkson Gordon.
Later he joined Brookfield Asset Management Incwhere he held various positions since its founding. There he became Financial Director, before being appointed CEO in 2002. Under his leadership, the company became one of the largest asset developers in its country.
His time as General Manager was fundamental in diversifying the company’s assets.. This period was characterized by a shift away from transportation or manufacturing investments to focus on renewable energy, M&A and private equity. His tenure simplified the structure of the Brascan conglomerate into three entities: Brookfield Property Partners, Brookfield Renewable Energy Partners and Brookfield Infrastructure Partners.
How much is Bruce Flatt’s fortune, according to Forbes
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The Australian
The Canadian is positioned as one of the largest fortunes in his country with $4.2 billion according to Forbes magazine.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
