WILBUR ROSS
The Billion-Dollar Strategist Reshaping Business, Trade, and Policy
MANSIONS IN THE SKY
Life’s Fine Details, Finessed
An exclusive oceanfront collection of 37 residences by Zaha Hadid Architects, sited on 200 feet of direct beachfront in Billionaire’s Triangle—Miami’s most revered enclave.
Each private retreat is a culmination of masterful architectural vision, where sculptural curves frame sweeping ocean views and a translucent pool oats 125 feet high between sea and sky. Bespoke butler service is choreographed within the residences and throughout over 55,000 square feet of curated designer amenities.
Four- to Six-Bedroom Mansions from $15 Million
STYLE & FASHION
Girls on the Terrace Photography by Daniel Perry
Crisscut® and Amour Crisscut® Diamonds by Christopher Designs A Cut Above the Rest By Yvonne Beri
TRAVEL
&
How IKONIC Yachts Is Redefining Asset Stewardship at Sea By Hillary Latos
Le Grand Jardin The Crown Jewel of Cannes Reclaims the Spotlight for Film Festival Season By Hillary Latos
Inside the World of Carol Asscher Villa Las Brisas St. Tropez’s Most Elegant Escape By Hillary Latos
Hillary Latos
By Hillary Latos
THOUGHT LEADERSHIP
110 The Legacy of Leadership Tim Gannon, Chris Gannon, and the Power of Family Entrepreneurship By Candice Beaumont
The Business of Heritage Rohan Marley’s Journey from Sports to Global Entrepreneurship By Candice Beaumont and Hillary Latos 122 Driving Returns How Miami Became the Investment Capital of Car Culture By Lachlan DeFrancesco
Vanderbilt University Expands to West Palm Beach By Candice Beaumont
South Flagler House, West Palm Beach
Waterfront Masterpiece by Related Ross and Robert A.M. Stern Architects By Candice Beaumont
The 2025 Household Staffing Environment By Aleksandra Kardwell
EDITOR’S NOTE
Palm Beach Provocateurs: Where Influence, Innovation & Indulgence Converge
Spring in Palm Beach is more than a season—it’s a statement. In this issue, we dive into the world of influence and indulgence, where power brokers, creative minds, and next-gen disruptors converge.
Our Spring issue brings together bold perspectives and boundarypushing ideas. We are honored to feature Wilbur Ross on our cover with his reflections on the highs and lows of global markets with highlights of his storied career and his bold moves on risks and returns to build and create a legacy that has shaped the financial landscape
over the last half century. We also delved into Dr. Perricone’s scientific revelations with his latest book, The Beauty Molecule, which reveals how a single molecule controls how we age and how we can increase our longevity. Fashion takes center stage with sun-drenched shoots in South Florida, along with the top trends spotted on the catwalks of New York and Milan fashion week. With the glamorous Cannes Film Festival around the corner, we spotlighted the hotspots on the French Riviera from the uber jetset Queen of St Tropez herself, Carol Asscher who discusses why St Tropez is the pearl of the Cote d’Azur, and also reveal a private island off Cannes’ Croisette which has played host to royalty, moguls, and even the Count of Monte Cristo.
We spotlight entrepreneurs like Rohan Marley and Ambassador Sondland, and introduce rising next gen families like Tim and Chris Gannon, whose vision is shaping the future of both sport and hospitality. In investing, we explore the resilience of commercial real estate, the scale of multi-strategy hedge funds, and Cathie Wood’s unwavering optimism.
And of course, we celebrate the Palm Beach lifestyle in all its sophistication—from fine dining in South Florida to some of the most exclusive black tie charity events.
Whether you’re reading poolside, in flight, or between meetings, we invite you to explore the people, places, and ideas defining what’s next in wealth, wellness, and the art of living well.
Hillary Latos Editor in Chief
Photo by Daniel Perry
Hillary Latos EDITOR IN CHIEF
Candice Beaumont MANAGING EDITOR
Emil Pavlov ART DIRECTOR
David C. Lee, Daniel Perry CONTRIBUTING PHOTOGRAPHERS
Cristina Carbo, Michael Klein, Hollie McKay, Amy Poliakoff, Neal Berger, Yvonne Beri, Dorian May, David Seidman CONTRIBUTORS
Angela Gorman, Adam Weiss PUBLISHERS
Colin Thompson DIRECTOR OF SPONSORSHIP
Scott Pauker DIRECTOR OF ADVERTISING
Impact Wealth Media LLC
222 Broadway, 18th Floor, New York, NY 212 542 3146
www.impactwealth.org info@impactwealth.org
A JOURNEY STARTING FROM THE HOME OF TEQUILA
Our intention was to create world class premium tequilas that we would be proud to put our name to.
All Naked Diablo Tequila’s are handcrafted using traditional methods of manufacturing.
Naked Diablo have partnered up with Mexico's most awarded distillery. They supply tequila for the likes of basketball legend Michael Jordan's (and his four other billionaire NBA team owner partners) company, Cincoro, 21 Seed (which has just had a nine-figure buy-in from Diageo because they only sell flavored tequila), Tesla Tequila, and many others.
Using only the best sustainably sourced quality blue weber agave taken from the highlands and lowlands of Jalisco. Adding these agaves with the natural volcanic spring water that flows through the distillery to enhance our unique and incredible taste.
Combining the baking processes of both traditional ovens covered in stone masonry and autoclaves to create ultra smooth premium tequila’s for our customers....
We currently have eight Sku's. Blanco, Reposado,Anejo, Extra Anejo, Vanilla, Cinnamon,Coffee, and Blanco 55% Extra Strength.
We also have several new tequila flavors ready in the pipeline.
Naked Diablo can be purchased on premise and off premise in hundreds of locations like; ABC Liquor Stores, Total Wines, and restaurants like El Diablo Tequila & Taco Bars.
Naked Diablo can also be purchased from US online retailer Reservebar.com, giving us access to over 200 million online consumers in 40 US states.
Through ReserveBar, people can place an order online, and Naked Diablo tequila can be delivered to the customer's door.
To know more, please visit www.nakeddiablo.co
Are Multi-Strategy Hedge Funds TOO BIG TO FAIL?
We live in dynamic times with significant changes happening in the US and abroad at warp speed. Those matters are opined upon on every news channel, every minute of the day. The macro environment does have an affect on the investment business.
By Neal Berger
Within the hedge fund world, Multi Strategy Hedge Funds known as Multi-Strats, or pod shops, are garnering center stage. From eyepopping Manager and PM compensation, to returns that are what dreams are made of, everyone is trying to get a piece of the Multi-Strat craze. By definition, multi-strategy funds engage in a variety of investment strategies. The diversification benefits help to smooth returns, reduce volatility and decrease asset-class and single-strategy risks. Multi-strategy hedge funds are hedge funds that use a variety of investment strategies, such as long/short equity, event-driven, and relative value. This allows them to generate returns in a variety of market conditions and reduce risk. Top multi-strategy hedge funds include Citadel Investment Group, Millennium Capital Partners, Balyasny Asset Management and AQR Capital Management The top 50 multi-strategy hedge funds globally manage over $1.9 trillion in assets.
We have been a significant and early investor in Multi-Strats since our inception 20 years ago. Furthermore, I was a portfolio manager for Millennium Partners on two separate occasions during the 1990s so I've witnessed the growth of these businesses first hand. Historically, in my view, there has been no better example of the value-add that hedge funds can offer. The risk-adjusted returns and the smoothness of these returns has been nothing short of miraculous. However, it is in my DNA to be on heightened alert as to what can go wrong once something has captivated the world's attention.
The early pioneers of the multi-strat model deserve to reap all the rewards and accolades for inventing a business that appears to be too good to be true. Looking back, it has been one of those rare win-win strategies whereby the General Partner, the PMs, the staff, and, the investors are all handsomely rewarded concurrently
Increasingly, I have noticed an increased short-term correlation of weekly and monthly returns by and amongst the Multi-Strats. We often receive weekly performance figures from the Multi-Strats that we have relationships with. The logical implication of this is the crowding effect of similar positions across these Firms. This is not surprising given the fact that PMs routinely move from one platform allocator to another bringing with them a similar knowledge and approach.
Could there be a "Multi-Strat" quake? It's certainly possible. The larger multi-strats control upwards of $50 Billion of actual cash each. The business model calls for 5-10 leverage across a highly diversified group of strategies or pods. Notional allocations to a pod can range from $250 Million to multiple billions and utlize leverage themselves, albeit, generally in a market neutral manner. Therefore, the larger Multi-Strats can each control upwards of a trillion dollars of notional market positions overall. Market neutral does not necessarily connote risk neutral. Rather, longs can go down and shorts can go up concurrently creating losses on both sides. The likelihood of this happening is higher if the Multi-Strats are forced into a liquidation loop with one Firm's deleveraging causing a domino effect upon the others. Incidentally, this is not a prediction
rather, simply a possibility especially given the amounts of assets gathered by the Multi-Strats over the past few years.
So, are Multi-Strats too big to fail? I'm not certain but frankly, I think so. The mass liquidation of a large Multi-Strat would likely have a domino effect causing other MultiStrats into forced liquidation as well. A big part of the business model is an extreme aversion to even small losses due to the leverage and netting risk inherent in the business. Even a minor reversal of crowded positions may cause rapid deleveraging which would have spillover effects. We witnessed a whiff of this in March, 2020 when there was an unwind of the Treasury Basis trade and the Carry Trade. The US Treasury and Fed came to the rescue toward the end of March adding liquidity to the system to stem the
carnage and many Funds had miraculous comebacks as a result by month-end.
At a time when the appetite for Multi-Strats is seemingly unsatiable, we wanted to highlight that this strategy is not without it's risks despite prior performance which often spans multiple decades. There has never been more capital invested in MultiStrats which changes the risk profile and market impact more than ever before. With that said, we remain invested in Multi-Strats however, we have pared our exposure to the 2nd and 3rd tier Multi-Strats (defined by AUM) for these reasons coupled with fierce competition for talent are often won by the largest Firms given their technological capabilities, infrastructure, proven history, and seemingly unlimited capital to allocate to the brightest PMs. Hard to compete against that.
FIDUCIARY DUTIES AND AI
Pivoting to AI will have serious implications for fiduciary responsibilities. Companies, family offices, and all advisors must strike an appropriate balance between human expertise and technological advancement. It is imperative that AI users encourage critical evaluations of AI-generated results with independent human thinking. The failure to do so can be catastrophic for everyone involved.
By David Seidman
Tools that quickly analyze vast amounts of data, offer insights, manage risk and provide other assistance are everywhere. Anyone who sells personalized and human-centric approaches–including attorneys!– must be prepared to “analyze the analysis.” Ensuring AI-driven insights make common sense and comply with relevant laws does more than enhance the fulfillment of fiduciary duties. It is the epitome of fulfilling fiduciary duties of loyalty and care.
This instruction is not limited to higher ranking officers and directors. Everyone within an organization needs to fulfill their duty to perform their jobs and tasks in a commercially reasonable manner. This includes understanding the underlying algorithms, mitigating biases in data inputs,
and interpreting AI-generated outputs in their business, ethical and legal contexts. It also means that a high priority must be placed on nuances that machines can never catch.
Common sense dictates AI will never not capture the human elements of decision making because AI models are (a) designed to please the user and (b) susceptible to making errors or hallucinating facts. It is equally obvious that human nature will result in overreliance on AI for a variety of reasons ranging from expediency to laziness. Too many people are already copying a presentation, agreement, or any other document into ChatGPT instead of taking time to do their jobs properly–the amount of trade secrets and financial information that has been shared is frightening.
As the dollar value, sensitivity and complexity of matters increases, the ramifications of not requiring human intuition and experience analyze AI-created results increases. At some point, the failure to act properly is intentional and not negligent and, therefore, proving liability becomes much easier.
Yet failing to use AI can also create problems. AI enables people to make more informed decisions, reduce their errors, and increase their efficiency. By having AI perform routine tasks, we can focus on more complex and value-added tasks.
Therefore, embracing AI cannot be done at the expense of human judgment and skills. Use your own intelligence to ensure this does not happen before you are defending a lawsuit or your employment.
Dr. Nicholas Perricone Returns with The Beauty Molecule A NEW ERA IN ANTI-AGING SCIENCE
After a decade-long hiatus from publishing, wellness pioneer and skincare visionary Dr. Nicholas Perricone is back with his 10th groundbreaking new book, The Beauty Molecule. Known for his best-selling debut The Wrinkle Cure and his revolutionary work in inflammation science, Dr. Perricone’s latest release signals not just a continuation—but a bold evolution—of his anti-aging philosophy.
By Hillary Latos
A New Chapter Begins
“I was waiting to complete new research and gather information worth sharing,” Dr. Perricone explains. “Now that I have, I’m ready to release it.”
The research culminates in The Beauty Molecule, a science-forward yet accessible guide to the role of acetylcholine—a single molecule that Perricone identifies as the body’s master switch for inflammation, metabolism, and aging. According to Dr. Perricone, acetylcholine plays a critical role in everything from memory formation and muscle contraction to antioxidant activity in the skin and brain.
“This one molecule has so many essential roles, and now we understand that it may be the key to slowing aging at a cellular level,” he says.
From Dermatologist to Inventor and Beyond
Dr. Perricone’s journey began in medical school, where he observed that inflammation was present in every organ, including the skin, and that it increased with age. This insight formed the foundation for both his career and his products. In 2001, he launched the Perricone MD skincare company, built on topical anti-inflammatories derived from his scientific discoveries.
His first book, The Wrinkle Cure, launched in 2000 alongside the skincare line, became a #1 New York Times bestseller and sold over 2.5 million copies. It introduced the concept of the anti-inflammatory diet—a novel idea at the time that has since become foundational in wellness circles.
Dr. Perricone’s innovations span well beyond skincare. With over 200 U.S. and international patents, his interests have expanded to aerospace, nutrition, defense technology, and biotechnology.
Hydrogen Water & The Return of a Market Pioneer
Among his most notable recent ventures is Perricone Hydrogen Water, an advanced functional beverage that uses therapeutic levels of hydrogen—at least 1 part per million—to combat inflammation and oxidative stress.
While hydrogen water initially seemed ahead of its time, interest has caught up. “We’re doing a second major launch now,” says Dr. Perricone. “Hydrogen is finally gaining recognition for its role in energy production, inflammation reduction, and anti-aging.”
His formulation is unique—not just for its efficacy, but for its stability. Stored in custom aluminum cans to prevent hydrogen diffusion, the product retains therapeutic potency even after 6.5 years.
Transdermal Breakthroughs: Healing Through the Skin
Another frontier for Dr. Perricone is transdermal biotechnology— applying biologically active peptides through the skin to deliver systemic benefits. His company, also called Transdermal Biotechnology, has developed a gel that rapidly penetrates the skin and bloodstream, crossing the bloodbrain barrier to target inflammation and cognitive decline.
One of the most promising compounds in this technology reduces suicidal ideation, a critical advancement for veterans returning from combat. “Our troops suffer about 25 suicides per week,” he notes. “This could be a natural method of support and healing.”
A New Kind of Aging: The Silver Tsunami
Dr. Perricone’s personal life mirrors his philosophy. Approaching his 77th birthday, he’s physically fit, wrinkle-free, and mentally sharp. He credits this to his anti-inflammatory lifestyle—moderate exercise, targeted supplements, meditation, and a diet high in protein, essential fatty acids, and polyphenol-rich vegetables and fruits.
He sees a powerful future for men over 60, coining the term The Silver Tsunami to describe the wave of older men who, with the right support, can experience another 20-30 years of vigor, passion, and productivity.
“Too many men in their 60s think their life is over. I’m here to tell them—it’s just beginning.”
From Yale to Tomorrow
In May, Dr. Perricone will receive his Executive Master of Public Health from the Yale School of Public Health. “When I pick up my diploma, I’ll be about 40 years older than the average student there,” he says with a smile.
Still, age is not a barrier—it’s an opportunity. “We need the experience, expertise, and energy of older individuals. The Silver Tsunami will have a profound impact on society.”
A Visionary’s Next Phase
With three companies at the helm—Perriquest Defense Research (now working on a hypersonic plasma engine), Perricone Hydrogen Water, and Transdermal Biotechnology—Dr. Perricone remains as forward-thinking as ever.
“My goal is to continue translating science into real solutions,” he says. “Solutions that help people look better, feel better, and live longer, fuller lives.”
Photo by Madison Sohaney
HEALTHCARE DISRUPTED
How the Awdeh Brothers
Are Redefining the
Future
of Medicine and Innovation
By Hollie McKay
Dr. Richard Awdeh and Dr. Mark Awdeh have emerged as bold innovators at the intersection of medicine, business, and digital transformation. With a deep understanding of clinical care and a shared vision for scalable impact, they’ve built one of the most influential digital health platforms in the country—CheckedUp— and recently launched the Awdeh Family Office to invest in the future of healthcare, technology, and media.
The two brothers were raised in a close-knit family that emphasized hard work, integrity, and the importance of making a difference. Richard and Mark Awdeh have carried those values with them every step of the way –from early academic success to medical careers, and now as entrepreneurs on the cutting edge of healthcare innovation.
Today, those same brothers are not only respected medical professionals, but also dynamic entrepreneurs who are reshaping the healthcare industry. From the precision of the operating room to the strategic depth of the boardroom, the Awdeh brothers are on a mission to transform the way patients receive, understand, and engage with healthcare.
Their story is not just about success—it’s about reshaping an industry to better serve patients, empower providers, and build a smarter, more equitable future.
Dr. Richard Awdeh: The Visionary Surgeon and Entrepreneur
A pioneering figure in ophthalmology and healthcare technology, Dr. Richard Awdeh is the Chief Executive Officer and Founder of CheckedUp, a groundbreaking digital health platform to transform patient education and engagement.
Richard’s passion for medical innovation began early. He earned his Bachelor of Business Administration in Finance and Computer Science from Emory University before pursuing his medical degree at Yale University School of Medicine. Richard’s career took him to Duke University for training in ophthalmology, eventually leading him to the prestigious Bascom Palmer Eye Institute, where he practiced as a Cornea-Refractive Surgeon and Professor.
“I have a deep commitment to improving patient care. While my initial focus was solely on patient care, I soon recognized a critical gap in patient education that needed to be addressed,” Richard tells Impact Wealth Magazine. “This realization fueled my passion for developing solutions that empower patients with knowledge and enhance healthcare professionals’ experiences. I believe that innovation is the key to transforming healthcare—making it more efficient, seamlessly connected, and truly centered around the needs of patients.”
His entrepreneurial spirit took flight in 2010 when he founded Cirle, a medical technology incubator focused on developing cutting-edge surgical devices. One of Cirle’s standout innovations was a 3D surgical navigation system for cataract surgery, which has since been registered with the U.S. Food and Drug Administration (FDA).
Beyond his role at CheckedUp, Dr. Awdeh has held key leadership positions, including Chairman of the FDA Dermatologic and Ophthalmic Drugs Advisory Committee and Co-Chair of the Point of Care Marketing Association. He also serves on the Board of the Ad Council and the Media Ratings Council, contributing to advancing communication and advertising in healthcare. Additionally, he is actively involved in mentorship and education, lecturing on healthcare innovation at Yale School of Management and serving on the Board of Yale University’s Center for Biomedical Innovation and Technology.
Dr. Awdeh’s career is defined by his commitment to pushing the boundaries of medical technology, improving patient outcomes, and fostering the next generation of healthcare leaders. His innovative solutions have revolutionized patient education and significantly improved patient care and health outcomes.
Dr. Mark Awdeh: The Strategist Behind Healthcare Transformation
While Richard was pioneering new frontiers in medical technology, his brother Mark Awdeh was also carving his own path as a forward-thinking doctor in the healthcare industry. As the President and Co-Founder of CheckedUp, Mark has played a crucial role in its success, driving its strategic direction and ensuring its innovative solutions reach healthcare providers and patients nationwide. Mark’s career began with a foundation in economics, and he earned his bachelor’s degree from Rice University. His passion for medicine led him to pursue a medical degree at the Johns Hopkins School of Medicine, one of the world’s most prestigious institutions. He later earned an MBA from Yale University School of Management to complement his medical training with business expertise.
Mark’s journey in healthcare innovation began at FedEx, where he worked on healthcare strategy, benefits design, and corporate wellness programs. This experience provided him with a unique perspective on the intersection of healthcare and business, preparing him to co-found CheckedUp alongside his brother.
“Central to this mission is a strong focus on health equity. We are dedicated to ensuring that all individuals—regardless of their background or socioeconomic status—have equal access to the information and tools they need to make informed healthcare decisions,” says Mark, emphasizing that his ultimate goal is to equip individuals with the knowledge and confidence that lead to better, more informed health outcomes. This commitment to health equity makes everyone feel included and valued in the healthcare process.
The Success of CheckedUp
The Awdeh brothers’ drive to improve patient education and engagement led to the creation of CheckedUp in 2012, a physician-founded digital health company revolutionizing the Point of Care experience.
CheckedUp provides specialty-focused, interactive digital platforms—such as waiting room TVs and exam room wallboards—one of the largest Hospital media networks in
the nation. The media network empowers patients with critical health information by offering condition-specific content and facilitating more informed discussions with their providers. In 2022, CheckedUp expanded its reach by acquiring Health Media Network, further cementing its position as a leader in digital media channel in hospitals and clinics, enabling patient engagement, all while remaining physicianled and committed to innovation.
Built on education, efficiency, and patient empowerment principles, CheckedUp enhances healthcare experiences by bridging the gap between providers and patients. The company operates on core values such as empathy, teamwork, and accountability, ensuring that both medical professionals and patients benefit from cutting-edge technology at no cost to the practices.
With a 98% patient satisfaction rate and proven revenue growth for healthcare providers, CheckedUp continues to evolve, driving meaningful change in healthcare accessibility and education. Through its initiatives, including CheckedUpCares, the company remains dedicated to transforming how medical information is delivered and understood, making quality care more accessible for all. The Awdeh brothers have been instrumental in shaping CheckedUp into a leader in patient engagement and digital health solutions. In its early days, Mark personally onboarded over 150 clinics, ensuring seamless integration into medical practices, while Richard leveraged his expertise as a physician and innovator to drive the platform’s medical credibility and technological advancements. Their combined efforts have propelled CheckedUp into one of the largest point-ofcare companies worldwide, transforming how patients receive vital health information.
Together, they have made CheckedUp an indispensable tool for medical professionals, bridging the gap between clinical care, technology, and economic strategy. Their shared commitment to empowering patients with accessible, condition-specific education has reshaped how healthcare providers engage with their patients, ensuring that informed decision-making is at the heart of modern medical care.
The Family Office
The Awdeh brothers have only begun to make their mark, with their ambitions extending far beyond CheckedUp. Their latest initiative launched in March in Miami, the Awdeh Family Office, is a bold step toward reshaping the intersection of healthcare, technology, and media. This venture is part of their vision to create a sustainable and impactful legacy in healthcare and technology, a future that promises exciting advancements and innovations.
“The Awdeh Family Office is built on the philosophy of the olive tree—a symbol of resilience, longevity, and sustainable prosperity. Just as cultivating the finest olives requires patience and discipline,
so does investing,” Richard explains. “We take a structured, generational approach: early harvest for transformative innovation, mid-harvest for high-growth opportunities, and late harvest for enduring value creation. This philosophy, rooted in our heritage, ensures that wealth is not just preserved but purposefully grown.”
For the Awdeh brothers, success is not just measured in numbers but in impact. Their investments are guided by a disciplined, generational approach, ensuring that each decision contributes to a lasting legacy of innovation and service. With a lineage of doctors and medical pioneers, they view wealth as a tool for advancing healthcare, expanding access to life-saving technology, and fostering groundbreaking solutions.
“We’re dedicated to creating a lasting impact for generations within the healthcare ecosystem. By supporting ventures at the intersection of innovation and healthcare, we focus on enhancing patient education, improving accessibility, and driving better outcomes,” Richard continued. “Our mission is to foster businesses that lead digital transformation in healthcare, ensuring that advancements benefit a wide and diverse population.”
Whether through AI-driven healthcare platforms, digital patient engagement tools, or media ventures that enhance global awareness, the Awdeh Family Office is dedicated to creating wealth with purpose—investing in a future where innovation and well-being go hand in
hand. And from their purview, the artificial intelligence sector is merely getting started.
“AI will revolutionize healthcare by enhancing care quality, streamlining operations, and providing data-driven insights for better decision-making,” Mark enthused. “Its future lies in making healthcare more efficient, effective, and equitable for all.”
A Legacy of Innovation and Impact
The Awdeh brothers’ story is one of ambition, resilience, and a shared vision for a more informed and empowered healthcare system. Richard’s expertise as a surgeon and innovator, combined with Mark’s strategic and business acumen, has created one of the industry’s most impactful digital health platforms.
As they continue to push the boundaries of healthcare technology, their mission remains clear: to revolutionize the way doctors educate and engage with their patients, ultimately improving healthcare outcomes for all. From to the world stage, the Awdeh brothers are leaving an indelible mark on the future of medicine.
“Giving back is fundamental to our philosophy, and a larger purpose drives every investment we make: to advance patient care, expand access to life-saving technology, and ensure that our capital is a force for good in the world,” Richard adds. “Whether it’s a healthcare breakthrough, an AI-driven solution, or a media platform that drives global awareness, our investments are designed to create wealth with meaning, impact, and longevity.”
Unpacking the Hype around HYPERBARIC OXYGEN THERAPY
By Dorian May
Hyperbaric oxygen therapy is the latest infatuation in the wellness world. While it has been around for decades and used successfully for treatment of conditions such as burns, wound healing, and decompression sickness, “H-BOT”, as it’s known to insiders, has recently been touted by some as a means to reverse aging. Take for example, biohacker Bryan Johnson, founder of the “Don’t Die” movement and “Project Blueprint” diet, whose quest to live until the age of 150 (if not forever) has been fodder for skeptics. He recently announced on X that he moved his office into his at-home hyperbaric chamber to help improve his lifespan. It’s not just biohackers breathing in the additional oxygen, Lebron James who invests approximately 1.5 million dollars on his physical and mental well-being per annum, reportedly uses HBOT to reduce swelling and inflammation. Renowned footballer Cristiano Ronaldo and tennis champion Novak Djokovic also rely on hyperbaric chambers to prepare for tournaments and as part of their recovery and rejuvenation routine. In the music world, superstar Justin Bieber has been open about using hyperbaric oxygen therapy to improve his mental health and combat issues like anxiety and depression. Performers like LeAnn Rimes and Madonna also publicly endorse the regimen. The treatment involves going into a pressurized chamber to breathe pure oxygen − something that isn't naturally available in Earth's atmosphere, which is made up of about 21% oxygen. According to medical experts, breathing 100% oxygen in short bursts can have many health benefits. The extra oxygen and higher air pressure help your lungs to draw in more oxygen and allow your body to move more oxygen from your blood to your organs and body tissues promoting healing of injuries and treating various conditions. HBOT may stimulate the production of stem cells, which can promote healing and regeneration.
“Hyperbaric oxygen therapy can reduce inflammation and enhance the body's immune response, “explains Dr. Ifeoma Okoronkwo, MD, a regenerative medicine specialist in New York City. “It does so in a way that bypasses the need to have red blood cells, going directly into the plasma which means it can be delivered to areas that may not have good blood supply. This is important because oxygen can ignite controlling the inflammatory response.”
How does this correlate with aging? The increased oxygen levels delivered during HBOT play a pivotal role in helping to reverse the effects of oxidative stress at the cellular level. This indicates the powerful potential for hyperbaric oxygen therapy to reverse the biological effects of aging. By enhancing the body’s ability to heal, adapt, and regenerate tissue, this research shows HBOT could help to slow down the aging process and potentially reduce the risk of age-related decline.
A landmark study at Tel Aviv University in Israel found that hyperbaric oxygen therapy (HBOT) can reverse two key biological signs of aging in humans, indicating that hyperbaric oxygen treatments (HBOT) in healthy aging adults can stop the aging of blood cells and reverse the aging process. The researchers found that a unique protocol of treatments with high-pressure oxygen in a pressure chamber can reverse two major processes associated
with aging and its illnesses: the shortening of telomeres. By addressing various factors associated with age-related decline, HBOT has shown promise in reversing the biological markers of aging. Studies show this occurs where it counts the most: at the molecular level. The body responds to the increase of oxygen as a trigger which instigates the healing process. In the world of research on aging reversal, this once-distant concept shapes a now-thriving field of scientific discovery. Dr Okoronkwo,who uses cutting edge science to treat all types of degeneration of the body, feels hopeful about the healing potential of HBOT, “To date the research is not definitive because of the scale of most of the studies but it is very, very promising.”
Dorian May Wellness & Style TikTok @eagleyeny Instagram @eagleyeny
FROM DROPOUT TO DIPLOMAT
How Gordon Sondland took his high school education all the way to an ambassadorship
By Candice Beaumont
Ambassador Gordon Sondland’s life is a testament to the power of resilience, ambition, and the pursuit of meaningful impact. Born to Holocaust survivors and growing up in an immigrant family, his drive to succeed was shaped by early experiences with adversity and his unrelenting ambition to do big things. After dropping out of the University of Washington, he entered the world of commercial real estate, and quickly rose through the ranks by reinvesting his earnings and capitalizing on opportunities in bankruptcy deals. His entrepreneurial spirit eventually led him into the hotel industry, where he made his mark. He was an early adopter of boutique hotels with his business partner and mentor Bill Kimpton. Long involved in politics, often as a liaison between Republicans and Democrats, he officially entered international diplomacy as U.S. Ambassador to the European Union in 2018. Along the way, Sondland navigated the complexities of business, politics, and philanthropy, always guided by a belief that building real relationships creates powerful results. From his diplomatic role during the 2019 impeachment proceedings to his ongoing philanthropic efforts, Ambassador Sondland’s career is a blend of passion and commitment, grit and humor, and an unyielding dedication to making a difference on the global stage.
Could you give us a brief overview of your background and what led you to where you are today?
I'm a first-generation American. My parents both escaped Nazi Germany, survived the Holocaust, and had me in the United States after becoming U.S. citizens themselves. I have a sister who is 20 years older than me, so I was definitely a surprise. I grew up in an uppermiddle-class area but was lower-middle-class myself, and that difference, which I lived every day, fueled my drive to succeed. Never a conventional thinker, I spent two years at the University of Washington before dropping out to go into real estate, and I never looked back.
How did you get your start in commercial real estate?
I couldn’t get a job without a college degree, but real estate brokerage companies back then didn’t require one as long as you could make deals. I started at a regional brokerage company selling small apartment buildings in the Pacific Northwest. I didn’t know what I was doing but I did know how to talk to people and convince them of things. And I was good at saying “The price is too high!” which is what you automatically say when someone is selling you something. From there, I learned fast, lived frugally, and reinvested my commissions in the buildings I sold, building equity over time.
How did you pivot into the hotel business?
I was running a division for a regional company and one of my brokers brought me a hotel in bankruptcy. I knew little about hotels but had experience with bankruptcyrelated deals. The property was in a prime location but boarded up. Instead of selling it to a client, I decided to buy it myself, raised funds from investors, and that became my first deal in 1985. This fueled a syndication of other hotels both branded and independent and along the way I formed a hotel management company called Provenance.
What inspired you to shift from business to politics?
A mentor in Seattle involved in the Republican Party exposed me to politics. Through him, I met President George H.W. Bush and became involved in his network performing low level tasks like making coffee and driving people around. I realized that everyone involved in politics that wants to work their way up the food chain starts at the bottom. I was part of that tradition. I also noticed that successful businesspeople appointed as ambassadors found the role deeply rewarding. I wanted to pursue that path but it’s not an easy one to navigate. I spent decades figuring out how to get there.
What were some of the most important moments during your tenure as U.S. Ambassador to the European Union, and how did your background as a political appointee shape your approach to diplomacy, especially when compared to career diplomats within the State Department?
During my time as Ambassador to the European Union, there were several key accomplishments that I’m particularly proud of. Those accomplishments contributed to strengthening the relationship between the U.S. and the EU, but even more importantly aggressively advancing the interests of the U.S.
One of the most significant achievements was working on trade agreements, particularly the efforts to create a framework for transatlantic trade that took into account America’s desire to tilt the advantage the other way. I played a central role in pushing for an agreement that focused on reducing trade barriers and fostering economic cooperation between the U.S. and European nations. We were
able to make real progress on this front, opening the door for more opportunities for American businesses in Europe.
This work as ambassador made clear the critical role that political appointees play in diplomacy. The media often paints political appointees as unqualified or as outsiders with no real understanding of international relations, but that’s a misconception.
Political appointees, like myself, often bring a different set of skills to the table, different, but valuable. My background as a business leader gave me a distinct perspective on how to get things done, especially in situations that require fast decision-making, strong relationships, and a willingness to make deals. Political appointees are more likely to have direct access to the president, which means that we can bring issues to the highest level of decision-making, quickly.
That’s not to say that career diplomats don’t play a vital role—they absolutely do. They have years of experience, deep institutional knowledge, and an understanding of how to
navigate the bureaucracy. But there are times when having a well-connected outsider can move the needle, especially when it comes to securing deals or pushing forward an agenda that requires speed and direct influence.
The differences between political appointees and career diplomats are not about qualifications but about perspective and approach. Diplomacy is about knowing the rules and procedures but also how to maneuver outside of those structures to get things done in a way that benefits the country. I believe that, at times, political appointees can bring an efficiency and pragmatism that really helps move things forward swiftly and effectively for the good of the country.
To serve effectively, what qualities do you think public officials need?
You must be in it for the right reasons. Some people become intoxicated by the trappings of power rather than focusing on their mission. The most effective officials use their access to leadership to drive meaningful outcomes rather than enjoy the perks of office.
Your role in the 2019 impeachment proceedings put you in the public eye. How did you navigate that period?
It was a difficult time, both personally and for my business. I lived in a liberal-leaning community in the Pacific Northwest where the assumption was that I was complicit in wrongdoing. In reality, I had no personal agenda—I was just doing my job in Brussels. There were people in the Administration who had the goal to undermine President Trump. The impeachment process was aimed at undermining his momentum, even though the so-called controversial phone call with President Zelensky was, in my view, completely benign.
Do you regret the personal impact the impeachment had on you and your family?
It was tough on my family. Looking back, there was nothing in that call that warranted impeachment, let alone conviction. Given what we know about the Biden family’s dealings in Ukraine, Trump’s concerns were justified.
What global challenges concern you most today?
China is one of my biggest concerns. The average American who loves buying cheap Chinese products does not understand how sinister the regime is. The public doesn’t understand that we’re already at war with China—not kinetically, but in terms of intellectual property, education, and military buildup. The U.S. needs to take a more aggressive stance to counter China’s influence. The World Trade Organization should not be treating China as a developing nation as they have been a developed nation for decades and have the world’s second largest economy.
What steps do you think the U.S. should take against China?
We need to be draconian. That might include limiting Chinese students in our universities, cutting information-sharing, and completely disengaging before renegotiating engagement on our terms.
Becoming an ambassador after decades of effort was a personal achievement. More importantly, realizing that I could genuinely move the needle for U.S. interests was incredibly rewarding.
Before diplomacy, you built a successful hospitality business. What lessons from that experience shaped your approach to public service?
I learned from my mentor and business partner Bill Kimpton, a pioneer in boutique hotels. He believed people wanted an experience, not just a room. That lesson— creating something memorable—applied to diplomacy as well. It’s creating moments and discussions between people that they will remember positively. Relationships matter.
What role did your family play in shaping your career?
My parents taught me grit like only those who have experienced real adversity could. My pregnant mother sailed from Europe to Uruguay, a country she knew nothing about. She didn’t speak the language and had to work while pregnant in a clothing factory. Having to separate from my mother for her safety, my father evaded the Gestapo and joined the French Legion. He worked on a railway for two years and fought alongside the British Army in Myanmar. He had no country, no home, no possessions, no money, but he had grit and he had a strong moral compass. Years later, my brother-
My background as a business leader gave me a distinct perspective on how to get things done, especially in situations that require fast decision-making, strong relationships, and a willingness to make deals.
in-law, Herb, was a big influence. He was successful, hardworking, and believed in ethical business. He showed me that you don’t have to exploit others to succeed.
How have you passed those values to your children?
I believe I have and I love watching my kids thrive in business and life. My kids work in private equity and venture capital, and I’m proud of their values and work ethic. Their grandparents would be too.
Are you looking at any new hotel ventures, particularly in Europe?
Previously, I operated a hotel management company across 12 states, which I later sold. The company now merged with another business that operates nearly 200 hotels in almost every state. I sit on the Board and am a significant shareholder, so I’m always looking to increase shareholder value there too. As far as European investments are concerned, having them on my radar is more recent, but having served there for a few years, I have a good feeling for which markets are likely to experience growth and provide robust returns.
How would you describe the relationship between business and government?
It’s evolving fast, especially with Trump back in the White House. It’s no longer just about regulation—it’s about collaboration. Government should open doors, ensure fair rules, and support initiatives that benefit society while allowing businesses to thrive.
You’ve been active in philanthropy throughout your career. What led you to start the Sondland-Durant Foundation?
My sister and brother-in-law were big philanthropists and set a great example that I have tried to follow. Giving brings me more satisfaction than making money. I focus on tangible results and it’s great to see my donations having an impact across sectors including funding entrepreneurship as we did with donations to Duke University. Also, to medical research. It’s incredible to witness results of cures that I have helped fund. I
believe in what Benjamin Franklin once said, “An investment in knowledge always pays the best interest.” I may be a college dropout, but I understand the value of education for all.
Can you share a philanthropic initiative you’re particularly proud of?
Sponsoring the Auschwitz exhibition in 2023 at the Reagan Library. It was one of the most attended exhibitions in the library’s history and helped educate thousands about the Holocaust. We have so few Holocaust survivors left, but we have to continue learning about history. It must be both, “Never Forget” and “Never Again.”
Looking back, what moments stand out as turning points in your career?
Becoming an ambassador after decades of effort was a personal achievement. More importantly, realizing that I could genuinely move the needle for U.S. interests was
incredibly rewarding. In Brussels there was a wall of formal portraits of the twenty U.S. ambassadors to the European Union. The first nineteen had incredible educational backgrounds, many having more than one Ivy League degree. Number twenty, that would be me, was the only dropout.
How do you hope to be remembered?
Well, I’m still in my sixties, so I hope I have a lot of time left to discover and perhaps serve my country again. But when I look down the road, I don’t focus on legacy, but on setting a good example. I want my children to believe they can achieve anything, the right way, and they’re already showing that mindset.
What are some of the biggest changes you’ve seen in business, politics, and philanthropy over the years?
Technology has accelerated everything. In politics, traditional diplomacy is giving way to more direct, results-oriented
interactions. In philanthropy, there’s a growing focus on efficiency and effectiveness— poorly run charities should disappear so that effective ones can thrive.
Your book “The Envoy: Mastering the Art of Diplomacy with Trump and the World” offers a detailed and personal account of your time as U.S. Ambassador to the European Union, but it also delves deeply into the broader dynamics of diplomacy, leadership, and the personal challenges you faced. What ultimately motivated you to write this book?
The motivation came from my desire to share an honest and behind-the-scenes look at what it's really like to serve as an ambassador during such a pivotal time in history. There’s so much that the public does not see including how policies are shaped, how personal values intersect with professional duties, and the human side of navigating the complexities of international relations. It’s not just little flags on desks, lots of sparkling water consumed,
and months of frustration. I wanted to provide an unvarnished account of my journey, not just to reflect on the challenges and controversies I faced but also to highlight the broader lessons in leadership, resilience, and diplomacy that can be applied in any field.
What is one of the most memorable moments you had as ambassador that you recount in “The Envoy.”
There were many, but one that I think about often, because it showed the kind of effective, speedy, and offbeat diplomacy that President Trump likes to practice—and that politicallyappointed ambassadors are often good at—is when we negotiated with German car manufacturers. In 2018, the EU was unwilling to make any material concessions to help reduce the deficit between us. One of the biggest offenders was German cars, which Americans buy a lot of. Trump had an idea to go directly to the German car makers, do a deal with them, and bypass the EU and its red tape and regulations. He brought them to the U.S., invited them into the Oval Office, and made the meetings impressive because of the White House, yet casual because of Trump’s demeanor, and very impactful. And at the end of it, we’d negotiated with the three largest German car manufacturers to build factories in the U.S. and avoid tariffs. I was really proud of that.
It's a very candid book. It reads very much like you speak: unscripted, humorous, no holding back. What do you hope readers take away from it?
First, I want them to gain a deeper understanding of the intricacies of diplomacy, the importance of building relationships, and the difficult decisions that diplomats and public servants must make on a daily basis, as well as how to use your position for meaningful impact. Second, I hope readers walk away with a better appreciation for the complexities of the political world— how things are not always as they seem from the outside—and the importance of maintaining integrity, even in the face of adversity. Above all, I want my book to inspire people to think critically and work for what they believe in, whether in their professional or in personal relationships.
WILBUR ROSS
The Billion-Dollar Strategist Reshaping Business, Trade, and Policy
From his early days at Rothschild & Co. to his leadership at the Commerce Department under President Donald Trump, Wilbur Ross has navigated the intersection of finance, trade, and policy with a keen eye for opportunity. His career, marked by bold investments, controversial decisions, and strategic maneuvering offers a fascinating case study in power, resilience, and economic transformation.
An In-Depth Conversation with Wilbur Ross
By Candice Beaumont
Photos by Daniel Perry
Few figures in American business and politics have wielded as much influence as Wilbur Ross. A billionaire investor, turnaround specialist, and former U.S. Secretary of Commerce, Ross built a reputation for reviving failing industries and negotiating high-stakes deals that reshaped the global economy. Known for his keen ability to restructure struggling businesses and his tenure as the 39th U.S. Secretary of Commerce under President Donald Trump, Ross has left an indelible mark on global trade, corporate finance, and economic policy. He has served as either chairman or lead director to over 200 companies across 20 countries, including notable forays into the automotive sector— where International Automotive Components reached $5 billion in revenue by acquiring troubled suppliers in 17 countries—and reinsurance, where he joined the board of Montpelier Reinsurance Holdings. He was recognized by Bloomberg Markets as one of the top 50 global leaders. In 1999 President Kim Dae Jung awarded Wilbur a medal for his help during Korea’s 1998 financial crisis. Throughout his career, Ross has been instrumental in high-stakes negotiations, billion-dollar turnarounds, and policymaking that reshaped international trade.
Wilbur Ross built his fortune by investing in struggling industries that others had written off, such as steel mills and coal mines. He saw opportunity where others saw failure, turning faltering businesses into profitable ventures. Wilbur considers his investment style in distressed assets to be akin to “a phoenix that rebuilds itself from the ashes.”
Born in New Jersey, Ross attended a Jesuit prep school in New York before earning degrees from Yale and Harvard Business School. He spent two decades at Rothschild & Co., specializing in bankruptcies, before launching his own private equity firm, WL Ross & Co., in 2000. His work in the steel industry was particularly notable— under the International Steel Group, he acquired failing mills, revitalized them, and, within two years, sold the company for $4.5 billion, making it the largest steel producer in the U.S. at the time.
Despite his Wall Street pedigree, Ross maintained a humble down to earth attitude and good working relationship with labor unions. Leo Gerard, president of the United
Steelworkers, acknowledged their dealings weren’t always smooth but said Ross was at least open to workers' concerns.
A Palm Beach, Florida, resident with an art collection valued in the nine figures, Ross has been an active philanthropist and had a meaningful impact on global trade during his time as Commerce Secretary. Beyond his restructuring triumphs, he has served on the boards of the Smithsonian National Board, the Brookings Institution, and the 9/11 Museum, the Whitney Museum and the Japan Society among others.
Wilbur Ross sat down with Impact Wealth Magazine at his home in Palm Beach to discuss business, life, politics and global economic transformation.
EARLY LIFE AND EDUCATION
Could you talk about your background, from your beginnings in New Jersey to studies at Yale and those early career days?
I was raised in a modest, middle-class town called North Bergen, New Jersey. My mother was a third-grade teacher, and my father was a partner in a small local law firm. Despite our simple beginnings, education and hard work were strongly emphasized in our household.
My first job was at Monmouth Park Jockey Club, where I worked as a car parker. My supervisor gathered all the young workers and taught us a dubious trick—if a patron’s car got damaged, our job was to divert their attention so they wouldn’t notice before
leaving. If it was a convertible, we were to put the top up as we returned the car so they’d focus on that instead of the damage. If it wasn’t, we were to turn on the windshield wipers and blast the radio to distract them. This was my first exposure to corporate culture—albeit a rather unethical one—and it was an early lesson in the art of perception.
Between Yale and Harvard Business School, I worked as a summer trainee at the old JP Morgan. Unlike my first job, JP Morgan had a deeply ingrained sense of tradition and integrity, which left a profound impression on me. Deals at JP Morgan weren’t just about transactions; they were built on trust, long-term relationships, and a commitment to ethical finance. The firm had a culture of responsibility—one where the reputation of the institution mattered as much as financial gains. This contrast between cultures helped shape my views on leadership and business ethics, teaching me that success in business isn’t just about
making money but about maintaining credibility and honor in every deal.
MASTERY IN RESTRUCTURING AND JUNK BONDS
What led you to get into distressed investing? It’s a rather unique focus compared to traditional investments.
Most investors look to put their money into thriving companies, but I was drawn to those in serious trouble. My career in distressed securities began in an unconventional way— through a rapid series of job changes early in my career. When I first joined Wall Street, my employer passed away two weeks before I even started, and the firm was immediately acquired by one of his clients. Just a few weeks later, another major change came when Jack Dorrance, the CEO of Campbell Soup, and his pension fund, which had $3 billion invested with us, questioned our new owner about holdings in Lucky
Friday Silver Mines. The owner, caught off guard, turned to me for an explanation, which I provided. However, Dorrance was unimpressed by the new CEO and, soon after, moved his assets elsewhere, leading me to yet another firm—Wood Struthers.
At Wood Struthers, I was given the task of handling a venture capital fund they were trying to exit. The firm gave me two years to manage it without additional capital, litigation, or bad press. While this seemed like an opportunity, it was also a way for them to assign risk to the newest, most expendable employee—me. However, it turned out to be a great learning experience, as many of the companies in the portfolio were struggling, which forced me to understand corporate restructuring and financial workouts.
When junk bonds became a major financing tool under Mike Milken, I realized that while Rothschild, where I was then working, would never underwrite them, the inevitable
failures of overleveraged companies would create significant opportunities for restructurings. I used the knowledge I had gained from my early years to help bondholders maximize their recoveries, and that eventually led me to take a more direct investment approach in distressed assets.
You have been called the ‘King of Bankruptcy’ for your expertise in restructuring failing companies. What is your strategy in operating and improving distressed organizations?
My approach to distressed companies started during the rise of junk bonds. At Rothschild, I realized that if a flood of low-quality bonds was being issued, it meant more bankruptcies were inevitable. Instead of underwriting these bonds, I focused on organizing the bondholders—mutual funds, insurance companies—so they could negotiate collectively rather than be picked off individually. I restructured companies in many industries including TWA, Pan Am, Texaco, and Federated Department Stores, A.H. Robins, El Paso Electric and Taj Mahal. The breadth of my expertise in turning around distressed assets across various sectors included the:
Steel Industry: Through International Steel Group, acquired and revitalized struggling companies such as Bethlehem Steel, LTV S-teel, Weirton Steel, Acme Steel, and others—turning them into a major force in U.S. steel production.
Textile Sector: Consolidated bankrupt textile giants Burlington Industries and Cone Mills into the International Textile Group, helping to modernize and expand their operations both domestically and internationally.
Energy and Coal: By creating International Coal Group, I was instrumental in rescuing companies like Horizon Natural Resources from bankruptcy.
Automotive Components: With International Automotive Components, restructured a network of troubled automotive interior suppliers across 17 countries, growing the business into a multi-billion-dollar revenue stream.
Reinsurance: Efforts in the reinsurance market include leadership roles at Montpelier
Reinsurance Holdings and creating Panther Reinsurance, the first private equity owned firm to be admitted to Lloyds.
Struggling companies often fall into a “loser’s mentality” where acknowledging failure becomes an insurmountable challenge. Typically, when a company flounders, two key issues emerge: it has expanded too quickly and taken on excessive debt. Admitting these mistakes is difficult for management, who frequently deflect responsibility and blame external factors. As a result, turning a company around often necessitates a complete overhaul of its leadership team. Another major hurdle is replacing the CEO. In many cases, the board is filled with executives handpicked by the CEO, making it hard to muster the resolve to remove a close associate. While cost-cutting measures are essential, a successful turnaround also requires driving more profitable revenue— whether through strategic shifts in business models or revamped pricing structures.
KEY INVESTMENT PRINCIPLES
What are some fundamental principles that guide your investment decisions in struggling companies?
Turning around a failing business isn’t just about cost-cutting; it requires fundamental changes:
Overcoming the ‘Loser’s Mentality’ Management in failing companies often blames external forces rather than taking responsibility. I remove leaders who have this mindset and bring in fresh talent.
CEO Accountability
Boards rarely fire CEOs who led a company to bankruptcy because CEOs often select board members who won’t challenge them. Replacing ineffective leadership is crucial.
Generating Profitable Revenue
A business cannot survive on cost-cutting alone. It must find new, sustainable revenue streams to rebuild.
Altering Business Models
Sometimes, the pricing strategy or structure needs rethinking to regain competitiveness.
TARIFFS AND GLOBAL TRADE
How do you see tariffs affecting American industries, and what lessons were learned from the Trump administration’s 1st term?
During my tenure, we utilized old trade laws from the 1970s to implement tariffs without needing Congress. These measures, upheld by the Supreme Court, strengthened Trump’s ability to use tariffs not only for trade issues but also for broader policy objectives, such as pressuring China on fentanyl trafficking and protecting key American industries.
The tariff strategy served multiple purposes: it helped revitalize industries like steel and aluminium, discouraged unfair trade practices, and signalled strength in trade negotiations. Many feared a trade war, but the reality is that countries like Canada and Mexico have economies one-tenth the size of ours. They cannot afford retaliatory tariffs on the same scale as the US is large global importer, giving the U.S. a major advantage.
Additionally, tariffs were used as a negotiation tool beyond just trade. Trump leveraged them in discussions with China to pressure them on broader geopolitical issues, such as intellectual property theft and national security concerns. One key lesson was that economic leverage—when applied strategically— could yield diplomatic benefits, deterring adversaries from taking aggressive actions.
POLITICS & WORKING WITH TRUMP
How do you see tariffs affecting American industries, and what lessons were learned from the Trump administration’s 1st term?
It all began in 1990 when the bondholders of Trump’s newly opened Taj Mahal casino in Atlantic City asked me to act as their financial advisor. The casino had defaulted on an $800 million mortgage bond without making a single interest payment. My first task was to negotiate directly with Donald Trump. He took me on a tour of the property before we sat down to talk about the bondholders’ demands.
It was quite an introduction. Riding through Atlantic City in a stretch Cadillac with flags on the front bumper felt like traveling with a
The tariff strategy served multiple purposes: it helped revitalize industries like steel and aluminium, discouraged unfair trade practices, and signalled strength in trade negotiations.
head of state. As we drove the streets there were mobs of people screaming and pressing against the car saying things like “The Donald. He is here”. Trump was very confident, even flamboyant. He tried to convince me that the bondholders would be lucky to get 25 percent of par, since that’s where the bonds were trading. I made it clear we were aiming for 100 percent plus accrued interest, as well as changes to the management structure and board of directors. When we could not agree on terms I walked out on him which was a move that caught him off guard. He was shocked by my blunt style but respected it.
How did the negotiations end up resolving?
After a tense series of meetings, we eventually agreed on a “prepackaged Chapter 11” plan that allowed Trump to remain in charge of the Taj Mahal. The showmanship surrounding Trump convinced me that the casino's value would be far greater with his star power in place than without him. The bondholders, however, secured a better return on their investment and an influential voice in the restructured entity. It was a classic case of high-stakes dealmaking under intense pressure with a positive outcome for everyone.
There are numerous areas where bipartisan agreement should be possible, yet political manoeuvring frequently obstructs forward movement. This dysfunction is damaging to economic policy and national strategy.
In what way did that early encounter shape your future relationship with Trump?
Working with him through such a complex financial crisis gave me firsthand insight into how he operates under pressure. We developed a mutual respect—he appreciated that I wasn’t afraid to be blunt, and I respected his willingness to keep negotiating until a deal was done. Over the years, we kept in contact, which is part of why, once he was elected President in 2016, he reached out and asked me to serve as Secretary of Commerce.
What’s the biggest challenge in Washington?
The biggest challenge in Washington is the deep political divisiveness, which often prevents meaningful progress. There are numerous areas where bipartisan agreement should be possible, yet political manoeuvring frequently obstructs forward movement. This dysfunction is damaging to economic policy and national strategy.
I experienced this first-hand during my confirmation process. Despite receiving a strong bipartisan vote of 72-27 in the Senate, my confirmation was delayed for nearly two months for no substantive
reason. The delay was purely procedural and political, reflecting the broader issue of gridlock that plagues Washington.
In contrast, my experience in the private sector—particularly in bankruptcy restructuring—was often even more adversarial. By definition, in bankruptcy proceedings, there isn’t enough money to satisfy all parties, so negotiations are fierce. However, those disputes were rooted in financial realities. In Washington, many conflicts are driven by political positioning rather than substantive disagreements over policy.
This kind of gridlock weakens our ability to implement effective economic reforms. The administration’s focus has been on reducing unnecessary regulations, improving trade agreements, and fostering economic growth. However, to fully realize these goals,
there needs to be a greater willingness in Congress to collaborate for the country’s benefit. Until that happens, many of the most pressing economic issues will continue to be hampered by partisanship rather than addressed with pragmatic solutions.
MAJOR BUSINESS DEALS
You played a pivotal role in restructuring the American steel industry, acquiring struggling companies and turning them around. What led you to believe this was a strong investment opportunity and how to get the competitive edge?
My involvement in the steel industry began with LTV Steel, where I initially served as an advisor during its first bankruptcy. However, after emerging from restructuring, the company failed to implement key strategic changes, ultimately leading
to a second bankruptcy. At that point, I recognized an opportunity—not just to acquire assets at an attractive price, but to fundamentally reshape the industry.
One of the biggest obstacles was labor. The existing union contracts were outdated and inefficient, so I reached out to Leo Gerard, then president of the United Steelworkers, to negotiate a more sustainable agreement. Over dinner at an Italian restaurant in Pittsburgh, we quite literally wrote the new labor contract on the back of a napkin—a moment that would prove pivotal in the transformation of the business. The contract applied for any other steel company we acquired giving me an edge over the competition. The unions looked at me differently in part as I was the only corporate representative that would show up to the United Steelworkers Union picnic wearing my International Steel Group workman’s jacket, blue jeans and sneakers
while my competitors showed up in Ralph Lauren blazers, Gucci shoes and Hermes ties.
With that agreement in place, I moved quickly to acquire LTV’s assets through an auction in Cleveland. The deal was just the beginning. We later expanded through the acquisition of Bethlehem Steel, creating a more consolidated and competitive steel company. In the end, the strategy paid off—we sold the company for $4.5 billion, a testament to the power of disciplined restructuring and decisive deal-making.
NEGOTIATING AGAINST WARREN BUFFETT
You had a unique experience competing against Warren Buffett for Burlington Mills. What was that like?
Warren Buffett is arguably the most brilliant investor of all time, so it was certainly an
interesting challenge. Burlington Mills was an established name in the textile industry, and I believed that with the right strategy, we could buy it and return it to profitability. However, Buffett had a similar theory— after all, he had built Berkshire Hathaway from a failing textile company, and he had recently acquired Fruit of the Loom. He knew the industry well, just as I did.
How did your and Buffett’s bidding strategies differ?
Our main difference was in how we approached the bid. Warren’s philosophy was straightforward: determine the value of something, bid in cash, and if someone overbids, let it go. But I, along with other bondholders, decided to outbid him using par bonds instead of cash. Those bonds were trading at a steep discount, so it made financial sense for us.
Buffett actually tried to challenge your bid in court, correct?
That’s right. In bankruptcy court, Warren argued that WL Ross & Co.’s bid should be disregarded because cash was more valuable than defaulted bonds. His lawyer, Bill Hayman, even put me up for cross-examination. But my response was simple: our committee owned more than two-thirds of the bonds, and we preferred equity over cash. Since it was our investment at risk—not Buffett’s— the court ultimately ruled in our favor.
Did this competition affect your relationship with Buffett?
Not at all. Warren is an easy-going guy, and even after our legal battles, we maintained a strong relationship. Years later, while serving as Commerce Secretary, I reached out to him about an opportunity with US Steel— Trump had directed me to try and save the company from collapse. I was convinced that once the company was turned around, its value would rise; at the time, the stock was trading at $8 per share before later surging to over $20, and subsequently received a $52 per share bid from Nippon Steel. Yet, after a careful evaluation, he ultimately decided not to invest. I still recall a light-hearted moment at a White House Correspondents’ Dinner when someone requested a picture of us together. Warren joked, “Let’s give them a scene of you and me fighting over my wallet!” We staged a mock wrestling match for the cameras, and afterward, he laughed, “Wilbur, it really wasn’t worth fighting over—I only had a hundred dollars in it!
NEXT GEN FAMILY LEADERSHIP
Can you share an experience from your past that shaped the way you think about money and decision-making, particularly in your children’s upbringing?
One particular experience that stands out occurred when my daughter, Amanda, was eleven years old. After a family vacation, she returned home to find that her pet gerbil had fallen ill. The gerbil had been cared for at a pet shop while we were away, and it seemed that it had contracted a disease from another animal. We rushed it to the animal medical center as soon as we could, but sadly,
Encouraging a strong work ethic in my children has always been a priority for me. It wasn’t just about telling them to work hard but showing them how it’s done by leading by example and involving them in real-life business experiences.
the animal could not be saved and passed away there. The animal medical center called me to suggest an autopsy to determine the exact cause of death. At that moment, I saw an opportunity to teach a valuable lesson about money, decisions, and priorities. I told my children that an autopsy, though it might have been insightful, was ultimately an unnecessary expense—an example of how we shouldn’t waste money on ideas or actions that don’t lead to meaningful outcomes. I emphasized that while it was natural to want closure, sometimes the best decision is to accept the situation, learn from it, and move forward, rather than throwing more resources after a dead-end.
This experience, while simple in nature, became a turning point in my approach to teaching my children about the value of money and making thoughtful decisions. I often reflect on this in the context of my work, where risk and return must always be carefully balanced. In Risks and Returns, I discuss how important it is to weigh every investment decision with a clear understanding of potential outcomes— whether financial or emotional. Sometimes, the key to success lies in recognizing when to move on and not waste resources on things that no longer serve a purpose.
The lesson from Amanda's pet gerbil wasn’t just about financial prudence—it was about teaching them the importance of rational thinking in the face of emotion. It’s a principle that has guided both my professional and personal life, and I hope it’s one that my
children continue to carry with them.
Next Gen Family Leadership is a priority for many families. Can you tell us how you encouraged your children to have a great work ethic?
Encouraging a strong work ethic in my children has always been a priority for me. It wasn’t just about telling them to work hard but showing them how it’s done by leading by example and involving them in real-life business experiences. Children from affluent families should learn about hard work, money, and capitalism to avoid the common cycle of wealth lost through indolence. So, when my daughter Jessica was seventeen, we focused on finding summer jobs for her and her sister.
I didn’t want my daughters spending every summer day at the beach, so I bid on and won the local concession stand at Flying Point Beach in Water Mill, Southampton. I told them they’d be running the fast-food stand, with a stainless-steel van as their exclusive transportation and business space for the summer. We named it Tavern on the Beach, created the menu together, and although the girls wanted healthy options, I convinced them to include burgers, fries, and hot dogs. By the second week, Sabrett supplied them with logoed awnings for the food wagon and seating area. On the Fourth of July, they grossed $12,000—a significant amount for two teenagers. Tavern on the Beach was a success, and the experience taught them a lot about business.
LEGACY AND PHILANTHROPY
What would you like your legacy to be as an investor and public servant?
I’m proud of my role in reshaping world trade and restricting high-tech exports to adversaries. We helped to reshore chip manufacturing in the United States and I initiated the CHIPS Act, a subsidy program to incentivize companies to build chip fabs in the USA. The COVID-era U.S. Census was another major achievement—we had to hire 400,000 workers while managing safety measures, and we succeeded.
I also hope my book serves as part of my legacy. This book provides them with insights into resilience, strategic decision-making, and the courage to take calculated risks—essential skills for navigating today's business world.
What inspired you to write your memoir, and what do you hope readers take away from it?
I had been toying with the idea for a long time, jotting down anecdotes from my career, but I hadn’t fully committed to writing a book. The turning point came when a publisher from Ireland, who had acquired a firm in London, encouraged me to turn my experiences into a memoir. Given my history with restructuring businesses and my time in government, I felt there were lessons that could benefit a wider audience.
To ensure the book would have real value, I sent drafts to respected leaders—Steve Schwarzman, Ken Griffin, John Paulson, Larry Kudlow, and others—asking if they’d be willing to endorse it publicly on the back cover. Their unanimous support gave me the confidence to move forward.
More than anything, I hope younger generations, particularly those entering business, find inspiration in my journey. Universities like Yale, Harvard, and NYU have integrated my book into their business curricula, which is deeply gratifying. I’ve noticed that many young professionals today are more risk-averse than past generations, often afraid of failure. I want them to understand that setbacks are inevitable but also opportunities to learn, adapt, and ultimately succeed.
RISKS AND RETURNS
Wilbur Ross's Formula for Success: Mastering Life and Business
Book Review By Candice Beaumont
In the vast landscape of self-help and entrepreneurial literature, few books stand out as more than just reading material— they become valuable guides to action and achievement. Risks and Returns: Creating Success in Business and Life by Wilbur Ross is one such work, offering profound insights that extend beyond the pages to inspire real-world transformation. Blending autobiography, business wisdom, and actionable strategies, Ross provides a comprehensive blueprint for success in both business and life.
This book serves as a rich resource from one of the most prominent self-made figures in global business and public policy and as a practical manual for navigating the complexities of today’s competitive world.
Wilbur Ross, whose career spans Wall Street and Washington, D.C., distils a lifetime of business experience into this engaging narrative. From his modest beginnings in the New Jersey suburbs, to attending Yale University on financial aid, to his transformative role as the U.S. Secretary of Commerce, Ross’s story underscores the very principles that can help anyone achieve their goals. As Deborah Norville, New York Times bestselling author and anchor of Inside Edition, puts it, “The formula that took Ross from Weehawken, NJ to the White House is a good one for anyone who aspires to achieve.” This insight resonates deeply with anyone looking to forge their own path in business or life.
Wilbur Ross is a renowned investor, often referred to as the "King of Bankruptcy" due to his success in acquiring distressed companies and turning them around. His career spans decades in both private equity and public service, where he played pivotal roles in the restructuring of companies across various industries, particularly in steel, textiles, and coal. He also served as the U.S. Secretary of Commerce under President Donald Trump from 2017 to 2021.
Ross's career trajectory and deep experience in turning troubled companies into profitable ventures provide a rich foundation for his insights into risk, return, and business strategies.
Risks and Returns isn’t just a technical manual for investors; it’s a masterclass in strategic risk taking combined with a life memoir
that reflects on Ross's business philosophy, highlighting the critical balance between risk-taking and securing returns. The book provides a comprehensive look at Ross’s own career, the industries he’s invested in, and the economic forces that shaped his decisions.
At its core, Risks and Returns emphasizes understanding risk—not as something to avoid, but as a critical component of successful investing. Ross argues that risk is inherent in every investment, but managing it effectively can create significant rewards. His work with distressed assets serves as a prime example of how understanding and embracing risk can lead to lucrative returns. Ross’s success has been largely attributed to his focus on distressed assets—companies that are financially troubled or in bankruptcy. By purchasing such companies at low prices and restructuring them, he’s been able to unlock significant value. The book highlights his process for assessing these opportunities, with a focus on patience, due diligence, and an understanding of the underlying value of an asset.
Ross's strategies and dealmaking expertise forged relationships with high-profile figures such as Warren Buffett, King Charles, Carl Icahn, Mike Milken, the Rothschild’s, Steve Wynn, Lakshmi Mittal, and many other global leaders across politics, business and royalty. He also shares his experiences as a key player in a senior role with President Trump in the Oval Office. Wilbur has the rare ability to be a true leader, doing the right thing in the face of media critics, staying loyal to the country and its interests and demonstrating a strong backbone in the face of adversity.
As Larry Kudlow, host of Fox Business Network and former director of the National Economic Council, states, “Those looking to get ahead in life will learn from this book how a commitment to hard work, discipline, and thoughtful risk-taking pays off.” These principles are especially vital for the next generation of entrepreneurs navigating a crowded and competitive market.
Esteemed global leaders further bolster the book's significance. Stephen A. Schwarzman, chairman, cofounder, and CEO of Blackstone, describes Risks and Returns as “a fast-paced autobiography describing his Horatio Alger rise to the heights of Wall Street
and government service as secretary of commerce. It's an exciting and instructive read.” Ken Griffin, founder and CEO of Citadel, highlights the book’s portrayal of Ross's remarkable career: “This book offers an inspiring narrative that encapsulates the essence of Wilbur's extraordinary career and the lessons it imparts.” Such endorsements solidify the book’s status as a must-read for those seeking to understand the inner workings of modern business.
Additionally, Leonard A. Lauder, chairman emeritus of The Estée Lauder Companies, Inc., calls it “a can't-miss for anyone interested in achieving their goals—in all areas of life.” This widespread appeal confirms that Risks and Returns is not just a business book, but a timeless guide to success across all aspects of life.
Endorsed by influential figures like Schwarzman, Griffin, Lauder, Kudlow, Risks and Returns underscores its relevance as a
modern-day success manual. Their voices amplify its central message: that success is attainable for those who approach risk with thoughtfulness and pursue excellence with unwavering commitment. It is a must read for business school students, future leaders and those who are successful and want to leave a greater legacy.
A Guide for Dreamers and Doers
Risks and Returns is more than a book—it’s a call to action for anyone determined to succeed. With a blend of powerful anecdotes, actionable advice, and the backing of the world’s most respected business leaders, Ross’s work challenges readers to take charge of their futures.
Let Risks and Returns be your guide as you transform the risks of today into the successes of tomorrow. Order your copy of the book at www.RisksAndReturns.net
ALICE AYCOCK
Building has always been in her blood. She has built mazes as well as underground structures, and her latest sculpture, part of a five-decade career, remains full of rigorous exploration and remarkable invention. We met in 1974 when she was a visiting artist at Williams College, where I was a Grad student in art history, then a relatively new program offered at the Clark Art Institute in Williamstown, MA.
By Michael Klein
Hoop-La, 2014. Aluminum powder coated white. 24" tall
Her first works were all based on construction: She was incorporating walls, ladders, and stairs. Each work is a situation, a series of constructed events rather than a place to work, a home, or a practical domestic structure. She imagined and built architectonic abstractions, demanding the viewer to imagine climbing, walking, or crossing over these works. Each is produced for either indoor or outdoor exhibition programs. Here, she presents a complex from 1977 at the Documenta exhibition held in Germany. It’s a series of structures and walls for climbing and viewing—Project Entitled "The Beginnings of a Complex..." Excerpt Shaft #4 / Five Walls.
While studying her work, I came to understand that she was part of a new post-minimal generation of artists all exploring fresh ways of creating works of art, be it painting or sculpture or an amalgam of
both. It was a quiet revolution in art production that, at its core, was a group of women focused on various modes, styles, and functions of architecture. The works ranged from rustic cabins by Donna Dennis to more abstract forms by Mary Miss, pyramidal stacked structures by Jackie Ferrara, and architectonic fragments by Alice Adams. Each uses her own vocabulary to explore the dynamics and expressive properties of building. My exploration of these works and subsequent obsession with meeting these artists, all then relatively new to the contemporary art world, led to my first exhibition, FOUR ARTISTS, which opened in 1976 at the Williams College Museum of Art and then moved to a commercial gallery in Lenox, MA. Restless with ideas and dialogues with other artists like Dennis Oppenheim and Vito Acconci, Aycock shifted from static structures or a basic vocabulary of building to now exploring a more dynamic
Cyclone Twist, 2013. Aluminum powder coated white. 27 feet high xwe use 15 feet diameter. The sculpture was installed at 57th street on Park Avenue, New York, NY, March-July 2014. Photo: Dave Rittinger
composite of forms suggesting rotation motion, a sculpture infused with energy. Her grand installations of this period, machine-like, if you will, preoccupied Aycock in the 80s, culminating in a series of elegant works called Leonardo Swirls. Drawn from her interest in Da Vinci’s studies of waves, whirlpools, and ocean currents, Aycock translated the two-dimensional drawings into three-dimensional sculpture.
This step eventually led to the further study of motion and what we see today in her large-scale tornado or twister-shaped sculptures. Her tools are now computers to plan, design, and lay out the intricate parts and dynamic shapes that, when sent to the fabricator, are transformed into the grand composed forms before us. Engineered to achieve the equipoise of a Calder, she can work on different scales, some towering over the viewer, others at tabletop height. The change of scale is always dominated by an internal balance and elegant pose like that of a modern dancer.
Park Avenue Paperchase, a solo exhibition in 2014, was a tour de force, a presentation of brilliant white highly animated sculpture along Park Avenue in mid-town Manhattan. These powerful abstract forms stood in contrast to the architecture of the city. Her curvilinear-shaped works stood against the vertical lines of stone and glass along the dense avenue. Each piece is also a visual respite from the surrounding crowds and traffic. The dramatic juxtaposition of these works and their individual character made for a remarkable exhibition and an introduction to her latest ideas: both a vision and determination to create sculpture on a scale
that could live in an urban environment and remain resolute and captivating. As Aycock described her visioning in an interview:
For the Park Avenue project, I tried to visualize the movement of wind energy as it flowed up and down the Avenue, creating random whirlpools, touching down here and there and sometimes forming dynamic threedimensional massing of forms…As much as the sculptures are obviously placed on the mall, I wanted the work to have a random, haphazard quality – in some cases, piling up on itself, in others spinning off into the air. Much of the energy of the city is invisible. It is the energy of thought and ideas colliding and being transmitted outward. The works are the metaphorical visual residue of the energy of New York City.
Of course, the beautiful animated forms could look elegant in a park or garden setting, but in a city? Yes, while Louise Nevelson chose black, Aycock grabbed onto white—heightening the contrast of her work in a garden setting or a gallery or an urban setting.
The impact of these works has now found their way into solo museum exhibitions in Florida, Georgia, and Texas and abroad in Germany, Great Britain, and Sweden.
As with other American sculptors of note, like Mark di Suvero and Richard Serra, it is only a matter of time before her works appear in museum collections, public art programs, and significant outdoor collections across the country. She, in her own right and unique language, continues to create works that expand what sculpture can be. She continues to be an imaginative builder.
Goya Twister, 2024. Aluminum powder coated white. 15 feet tall Exhibited at Meridians, Art Basel Miami Beach, Galerie Thomas Schulte, Berlin
Project Entitled "The Beginnings of a Complex..." Excerpt Shaft #4/Five Walls, 1977. Wood
Overall dimensions: 28' high x 8' wide x 16' long. Originally sited at Artpark, Lewiston, NY
NEW YORK FASHION WEEK
FALL WINTER 2025
By Hillary Latos
Photos by Charles Barnes
New York brought high drama and bold flair to the Fall/Winter 2025 runways, where rich jewel tones, sleek black-and-white palettes, and dazzling metallics set the tone. Designers like Pamella Roland, Dennis Basso, The Blonds, Juzui, and Christian Cowan pushed boundaries with unapologetic glamour and futuristic elegance, offering a decadent preview of what’s to come.
RICH JEWEL TONES
Juzui
The Blonds
Pamella Roland
Christian Cowan
Pamella Roland
BLACK AND WHITE
Christian Cowan
Pamella Roland
Pamella Roland
The Blonds
The Blonds
The Blonds
Pamella Roland
MILAN FASHION WEEK
FALL WINTER 2025
By Hillary Latos
Milan offered a masterclass in contrasts—blending whimsical romance, urban glam, and timeless sophistication. From Luisa Beccaria’s dreamy silhouettes and Blumarine’s sensual edge to Philipp Plein’s rebellious Western and Gucci’s signature Italian flair, the city’s runways captured the essence of reinvention with striking precision.
THE NEW ROMANTIC
Luisa Beccaria
Photos by by Charles Barnes
BLUMARINE
by David Koma
Photos courtesy of Blumarine
Photos courtesy of Gucci
URBAN COWBOY
Photos by by Charles Barnes
MONOCHROMATIC SOPHISTICATION
Elisabetta Franchi
Photos courtesy of Elisabetta Franchi
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Crisscut® and L'Amour Crisscut®
Diamonds by Christopher Designs
A CUT ABOVE THE REST
By Yvonne Beri
In the world of fine jewelry, few names carry the prestige and innovation of Christopher Designs. At the heart of this brand's success is its revolutionary Crisscut® diamond, a patented cutting technique that enhances luminosity, brilliance, and gleam beyond the traditional diamond cut. With a legacy rooted in craftsmanship and creativity, Christopher Designs has redefined luxury by merging timeless elegance with modern ingenuity.
What sets Crisscut® diamonds apart is their unique faceting pattern, which features additional cuts that maximize light reflection and dispersion. Traditional diamonds have a set number of facets that dictate their sparkle, but the Crisscut® proprietary diamond-cutting approach increases the number of facets dramatically, resulting in unparalleled radiance. Whether it is the Crisscut® Emerald, Cushion, or Round, each stone captures and reflects light in mesmerizing ways while appearing whiter than conventional diamonds.
Beyond the Crisscut®, Christopher Designs has introduced the L'Amour Crisscut® diamond, an innovative cut that takes elegance to another level. Designed with a patented faceting arrangement, the L'Amour Crisscut® enhances brilliance while appearing up to 50% larger than a comparable traditional cut diamond. Its elongated shape, seamless silhouette, and increased light dispersion make it an ideal choice for those seeking a bold yet sophisticated look.
Christopher Designs is also renowned for its high jewelry collections, featuring exquisite craftsmanship and breathtaking designs. From intricate diamond-encrusted necklaces to stunning statement rings, the brand’s high jewelry pieces celebrate artistry and elegance. By combining rare gemstones, precious metals, and signature diamond cuts, Christopher Designs delivers luxury at its finest, crafting one-of-a-kind creations that leave a lasting impression.
Each Crisscut® and L'Amour Crisscut® diamond is a testament to the skill and innovation of Christopher Slowinski, the mastermind behind Christopher Designs. His meticulous attention to detail and commitment to pushing the boundaries of diamond cutting have led to products that dazzle the eye while challenging industry norms. Every diamond is a work of art, reflecting the dedication of master jewelers who strive for perfection.
For those in search of truly exceptional diamonds, Crisscut® and L'Amour Crisscut® diamonds offer an unmatched combination of sophistication and innovation. Whether set in engagement rings, earrings, or necklaces, these diamonds serve as a testament to the idea that true beauty lies in the details. In a market saturated with traditional cuts, the Crisscut® and L'Amour Crisscut® stand out as shining examples of how craftsmanship and creativity elevate luxury to new heights.
As Christopher Designs continues to innovate, the brand is now set to launch its latest creation—Avenue Two, a stunning his-andhers wedding band collection inspired by the vibrant energy and timeless elegance of New York City, each piece in the collection reflects the seamless fusion of individuality and togetherness. Sleek, sophisticated, and crafted to perfection, these rings symbolize the strength of your bond and the beauty of the road ahead. This highly anticipated collection promises to redefine wedding jewelry, providing a meaningful symbol of love and commitment that reflects the artistry of Christopher Designs.
STRATEGIC SERENITY
How IKONIC Yachts Is Redefining Asset Stewardship at Sea For today’s family offices, yachting is no longer just leisure—it’s legacy.
By Hillary Latos
In the evolving world of family wealth management, few symbols of legacy are as potent—and as complex—as a superyacht. It is an expression of lifestyle, a multigenerational gathering space, a mobile fortress of privacy, and, increasingly, a dynamic financial asset. But unlike traditional holdings, a yacht demands a different kind of stewardship—one that blends precision, discretion, and emotional intelligence.
This is the niche IKONIC Yachts has quietly mastered.
Founded out of a private family office and based in Miami Beach, IKONIC has become a trusted partner to a discreet global network of families, entrepreneurs, and institutional investors. Their value proposition is simple, but rarely executed well: to manage the yacht as both a lifestyle platform and a performance-oriented asset, with the same rigor and integrity one would expect from a private equity advisor or institutional portfolio manager.
The Family Office Framework— Applied to Yachting
Unlike traditional brokerages, IKONIC approaches the yachting world through the lens of a family office. Their advisory model is holistic, long-term, and fiduciary in spirit. The firm doesn’t just facilitate transactions—it engineers them with transparency, investment-grade analysis, and a commitment to preserving family values.
At the heart of this is deep operational fluency. Whether it’s facilitating an acquisition, optimizing charter returns, managing crew logistics, or planning a custom build, IKONIC provides the kind of quiet infrastructure that allows owners to enjoy the sea without the complexity of managing it.
Acquiring with Clarity, Exiting with Precision Family offices looking to acquire yachts are met with a wide range of options— but often little clarity. IKONIC filters the global market through a disciplined acquisition strategy: real-time analytics, operational cost modeling, and strategic alignment with each client’s objectives.
Persistence: Magnificent 120 Majesty. Refit in 2022. 5 luxurious staterooms. For charter or sale
Compass: 2023 Azimut 27meter, 5 stateroom layout with the master ion the main deck. For charter
For divestments, the firm operates with equal precision. Backed by a curated international buyer network, IKONIC can facilitate private transactions or provide immediate liquidity from its in-house capital facility for vessels up to $50M—an uncommon offering that reflects the firm’s financial depth and market reach.
Charters as Cash Flow and Experience
Chartering, when thoughtfully managed, can serve as both an experience driver and a source of financial offset. IKONIC’s charter management services elevate the vessel’s public profile while preserving privacy— positioning it to appeal to global UHNW charter clients through a blend of concierge outreach, data-driven marketing, and PR coordination.
For the families who charter through IKONIC, the experience is fully tailored—from vessel selection and crew matching to itinerary development and onboard programming. Every element is curated with intention, often incorporating wellness, education, gastronomy, and philanthropy.
Custom Builds: The Future in Blueprint Form
For families seeking to commission a new build, IKONIC offers end-to-end project management—from shipyard selection and contract negotiation to marine engineering and post-delivery oversight. The firm acts as a client-side project lead, ensuring that timelines are honored, budgets maintained, and the vessel itself aligns with intended use—be it family voyages, corporate retreats, or long-term legacy planning.
With a network of the world’s top naval architects and designers, IKONIC helps clients translate vision into vessel with both artistic and technical fluency.
Managing the Vessel Like an Endowment
True to its family office roots, IKONIC’s yacht management services operate more like institutional asset management than hospitality coordination. The firm oversees compliance, crew, operational budgeting, and maintenance—freeing the owner from dayto-day obligations while ensuring the yacht remains ready for charter, resale, or private use.
MVP is designed to fish and cruise in luxury and safety anywhere in the world. Only 1,850 hours with last engine service completed in May 2024. Recent survey completed with report available for immediate inspection and the boat needs absolutely nothing! 2019 Viking 80
Contigo: Step aboard CONTIGO, where luxury meets laid-back elegance. This 40m vessel offers families and friends an ocean retreat with an aft deck pool and a beach club atmosphere that connects you to the sea. 2024 Benetti 40 meter Oasis. Also available for charter
More significantly, IKONIC views every vessel as part of a larger legacy plan. Whether the goal is philanthropic engagement, generational education, or wealth preservation, their management strategy is always in service of the family’s long-view.
A Philosophy, Not Just a Firm
What distinguishes IKONIC is not simply their portfolio of services, but the philosophy that underpins them. This is a firm that respects the complexity of wealth and the subtleties of legacy. Their approach is disciplined but human, quiet but highly competent.
In an industry often driven by spectacle, IKONIC offers something different: stewardship without showmanship, expertise without ego, and a commitment to value— measured not only in dollars, but in time, meaning, and memory.
+1 508-982-0094
steve.doyle@ikonicyachts.com www.ikonicyachts.com
Maddam C2: 2023 ZEELANDER 72. THE ONLY ONE AVAILABLE. 750 ORIGINAL HOURS. Like new condition. Upgraded engines, gyro stabilizer, and custom interior design.
LE GRAND JARDIN
The Crown Jewel of Cannes Reclaims the Spotlight for Film Festival Season
By Hillary Latos
As the red carpets unfurl and camera flashes ignite the Croisette, all eyes turn to Cannes each spring—not just for the cinematic artistry, but for the heightened glamour that radiates across the French Riviera. At the center of this annual spectacle, quietly commanding its own spotlight just minutes offshore, is Le Grand Jardin, a rare and extraordinary estate on the island of SainteMarguerite. With its breathtaking setting, storied history, and ultra-luxe amenities, it’s no wonder this private sanctuary has become one of the most coveted hideaways during the Cannes Film Festival.
An Island Steeped in History and Intrigue
Dating back to the 13th century, Le Grand Jardin is the only private residence on the island of Sainte-Marguerite, a place famously known for housing the Man in the Iron Mask and once owned by Louis
XIV. This walled estate has long been a symbol of power, mystery, and exquisite natural beauty. Today, its charm lies in how seamlessly the past is woven into the present, creating a timeless escape that whispers of royalty and revelry alike.
"Le Grand Jardin boasts a captivating history and stands as one of the most extraordinary properties on the French Riviera," shares Sven Flory, CCO of Ultima Collection. "This remarkable retreat has been home to illustrious figures, including Louis XIV – and is a rare gem, where history and natural beauty intertwine."
A Glamorous Reinvention by Ultima Collection
In 2020, the estate entered a new era under the discerning eye of Ultima Collection, known for curating ultra-luxury residences across Europe. Following a meticulous restoration completed in early 2023, Le Grand Jardin now offers 12 suites across
seven historic buildings—including the Governor's House, guesthouse, cottages, and the Old Fortress Tower—all surrounded by lush botanical gardens, first planted over 700 years ago.
"Ultima Collection acquired the estate with a vision to restore its historic charm while integrating modern luxury," Flory continues. "Today, it’s a fully immersive experience, where exclusivity, nature, and refined luxury come together to create the ultimate escape."
A Hollywood-Worthy Hideaway
During the Cannes Film Festival, Le Grand Jardin transforms into a glittering sanctuary for Hollywood elites, Silicon Valley tycoons, and international royalty seeking a retreat from the spotlight. Whether hosting opulent poolside dinners, intimate garden
soirées, or high-level industry meetings, the estate is the kind of place where deals are made—and legends are born.
"This destination has played host to countless glamorous occasions, attracting billionaires and film industry executives during the Festival," says Flory. "With its privacy, its own spa, heated pool, and dining prepared by private chefs, it's tailormade for unforgettable celebrations."
Every Detail, Effortlessly Personal
What makes Le Grand Jardin more than just a luxurious villa is its bespoke, curated experience. Guests are assigned a dedicated concierge team that arranges everything from private chef-prepared dinners to spontaneous yacht excursions to La Guérite beach club.
"The experience feels intimate and effortless. Every detail is tailored," explains Flory. "Even the flora reflects the history of the property—olive and lemon trees, vibrant orchids, and century-old plants that root guests in a truly rare setting."
The Ultimate Year-Round Escape
Though May to September remains peak season for basking in the Riviera sun, Le Grand Jardin is open year-round. Whether as a summer haven for the glamorous, or a winter retreat wrapped in quiet elegance, it remains one of the most exclusive addresses in Europe, accessible only by private boat from Cannes.
Weekly rates begin at €175,000, a reflection of the unparalleled privacy and opulence that Le Grand Jardin offers. Guests arrive via Nice Côte d'Azur Airport or private jet to Cannes, followed by a quick 10-minute boat transfer to the island estate. Once there, the world—and the paparazzi—fade away.
As Cannes prepares for another season of cinematic celebration, Le Grand Jardin stands ready as the ultimate backdrop to the drama, elegance, and storytelling that define this iconic destination. In a city of stars, it remains the most dazzling setting of all.
Inside the World of Carol Asscher VILLA LAS BRISAS
St. Tropez’s Most Elegant Escape
If you know the French Riviera, you know the name Carol Asscher. Nicknamed the Queen of St. Tropez, she’s the woman behind the town’s most glamorous soirées, a revered tastemaker whose sense of effortless glamour defines summer on the Côte d'Azur. Now, she’s turned her refined eye to an extraordinary personal project— Villa Las Brisas, a hidden sanctuary of sophistication that offers guests not just a place to stay, but a full immersion into Carol's world of elegance, art, and style.
By Hillary Latos
As the Cannes Film Festival approaches, Asscher is also sharing her must-visit spots for those looking to experience the Riviera with a touch of insider flair.
A Legacy of Riviera Style
Carol Asscher is not new to the art of hospitality—she’s mastered it. “I grew up in St. Tropez, and I know everyone like family,” she says. “I throw a lot of parties. The secret? Great food, beautiful décor, good music, and mixing interesting people together. That’s the magic.”
Her signature hosting style has been lovingly infused into Villa Las Brisas, a seven-bedroom Mediterranean masterpiece nestled just moments from Pampelonne Beach. Designed in collaboration with Alessandra Home Interiors, every corner of the villa exudes Carol’s signature sensibility: think light-drenched interiors, bespoke furnishings, curated art, and terraces that melt into the azure coastline.
A hidden treasure perched above the French Riviera, Villa Las Brisas is not just a property— it’s an invitation into Carol’s universe. The estate balances serenity with vibrancy, offering panoramic views, a tranquil infinity pool, and direct access to the sea. But the true luxury lies in its details: the on-site butler, personalized concierge service, and a kitchen where every meal—whether a beachside breakfast or candlelit dinner—is a sensory experience.
“I wanted the villa to reflect everything I love about St. Tropez,” says Carol. “It’s about living beautifully, celebrating life, and being surrounded by natural elegance.”
Whether it’s arranging a private yacht charter, helicopter transfer, or reservations at the most coveted beach clubs, the Villa Las Brisas team curates every experience to match Carol’s famously high standards. “The lighting, the table settings, the scent of the flowers—these things matter,” she notes. “They create memories.”
Carol’s Cannes Film Festival Edit: Where to Dine, Sip, and Be Seen
As the film industry’s glitterati descend on the Riviera, Carol’s insider recommendations are a must for those chasing the chicest moments during the Cannes Film Festival. Her go-to list includes a mix of heritage glamour and modern indulgence:
Lunch Hotspots on the Beach
• Le Club 55: An institution and a social hub where the rosé never stops flowing.
• Loulou à Ramatuelle: French Riviera nostalgia and elevated seafood.
• Gigi: Chic luxury with a Bellini bar and a kids’ circus.
• Indie Beach: Casual Mediterranean cuisine with a DJ soundtrack.
• Shellona Pampelonne: French-Greek flavors in a relaxed, stylish atmosphere.
• Bagatelle: Always buzzing, always glamorous, with French-Med excellence.
Elegant Dinner Destinations
• Kinugawa: Glamorous Japanese cuisine with sweeping Golfe de Saint-Tropez views.
• Le Yaca: Cozy French fare in a five-star hotel garden.
• Nao & Ban Hoi: Sophisticated, Asianinspired menus in stylish settings.
• L’Opera: Over-the-top, theatrical dining with music, art, and flair.
Don’t Miss
• Shopping at Sunday and Gaz, or treasure hunting in the St. Tropez Tuesday market.
• Day trips to Gordes, Château Lacoste, and the Lavender fields of Valensole.
• Golf at Vidauban and Gassin clubs.
Living the Riviera Dream
Whether hosting her famous July summer party, entertaining global icons, or creating refined experiences at her villa, Carol Asscher remains the undisputed muse of the Mediterranean. With Villa Las Brisas, she offers guests not just luxury, but a lifestyle. The property is available year-round, though its golden season aligns perfectly with the shimmer of the Cannes spotlight.
“Las Brisas is more than just a home,” says Carol. “It’s my vision of beauty and celebration brought to life.”
www.villalasbrisas.fr
ADOBE ROAD WINERY
By Cristina Carbo
In the heart of historic downtown Petaluma, a groundbreaking project is taking shape—one that will redefine luxury wine experiences on the West Coast. Adobe Road Winery, known for its award-winning wines and innovative Racing Series collection, is bringing to life a state-of-the-art winery and entertainment complex, setting the stage for an unrivaled fusion of wine, motorsports, and hospitality.
With construction underway, this ambitious project is more than just a winery—it’s a destination. Designed to seamlessly blend premium winemaking, cutting-edge hospitality, and high-energy entertainment, the complex will feature:.
• A state-of-the-art winery & barrel room for crafting small-lot, high-scoring wines.
• An elegant tasting lounge offering curated wine experiences.
• A Motorsports Museum event space for luxury gatherings and corporate events.
• Outdoor waterfront seating with stunning views of the Petaluma River.
• Exclusive VIP and private membership experiences for collectors and connoisseurs.
This strategic location in Sonoma County’s gateway city positions the project to attract wine lovers, motorsport enthusiasts, and luxury lifestyle seekers alike. With its close proximity to San Francisco and Napa Valley, the venue is poised to become a premier hub for both local and international visitors.
A Rare Investment Opportunity
As this visionary project nears completion, there remains a limited window for select investors to join the journey. Adobe Road Winery’s expansion is not just about building a winery—it’s about creating an unparalleled brand experience, blending
wine, passion, and high-performance living in a way never seen before.
For those with an appreciation for innovation, luxury, and impact investing, this project represents an exciting opportunity to be part of something truly transformative in the world of wine and lifestyle hospitality.
To learn more about this exclusive opportunity, visit Adobe Road Winery’s private investor portal or connect with our executive team at the 1640 Society Impact Wealth Forum.
For more information visit adoberoadwines.com/the-project/
MAYA GHANEM on Sophistication Through Cultural Experience
By Amy Poliakoff
True sophistication is not merely about style or status—it is cultivated through experience, exposure, and an appreciation for the world’s diversity. For Maya Ghanem, travel has been the ultimate teacher, shaping her worldview and deepening her understanding of culture, history, and human connection.
Originally from Beirut, Lebanon, Ghanem’s journey has taken her across some of the world’s most culturally rich destinations. From the refined landscapes of Switzerland to the innovation-driven energy of Dubai and the timeless charm of Monaco, she has embraced a globally enriched lifestyle. With one child born in Switzerland and the other in Monaco, she has instilled in them a deep appreciation for the diversity that travel unveils. She even recommends visiting Vietnam for a true and reflective experience into understanding a different culture.
“Traveling has been a lesson in cultural diversity for me. It is a way to confront the world and its complexities, which has given me huge life lessons. Traveling pushes you to leave your comfort zone. Adventure has helped me build confidence in myself and can help all become richer in ideas and values,” Ghanem shares.
Today, Ghanem and her family call South Florida home, drawn to its vibrant blend of cultures, coastal beauty, and dynamic energy. Based between Coconut Grove and Palm Beach, Ghanem loves not only the gift of South Florida’s weather, but the melting pot of this region’s diversity.
“There is a place I am discovering more and more—it is the United States,” she reflects. “It is different from all other places in that I feel more freedom and protection here. As a woman, I feel more powerful in the U.S. Everyone wants to do business here. The country is constantly moving, full of motivation, whereas Europe has a slower pace.”
Having embraced a lifestyle that balances tranquility with the fast-paced energy of the area, her Coconut Grove residence provides access to some of her favorite local spots,
such as The Fresh Market, where she indulges in fresh organic produce. Faena Beach, with its unparalleled coastal beauty, has become a cherished retreat, while Milos offers the finest seafood. When spending weekends in Palm Beach, she finds herself captivated by the historical grandeur of The Breakers, she describes it “as a destination for any traveler seeking a refuge in historical beauty”.
Beyond travel and luxury, Ghanem is deeply committed to passing on the principles of cultural appreciation, empathy, and
MAYA GHANEM’S TOP RECOMMENDATIONS FROM MIAMI TO PALM BEACH
With her deep appreciation for quality and culture, Ghanem has discovered some of South Florida’s most treasured destinations. Here are her top recommendations for experiencing the sophistication and beauty of the region:
The Fresh Market (Coconut Grove)
A favorite for organic and fresh produce.
Faena Beach (Miami Beach)
A luxurious seaside retreat that perfectly captures Miami’s vibrant coastal charm.
Milos (Miami Beach)
The go-to destination for impeccable seafood and Mediterranean cuisine.
The Breakers (Palm Beach)
A historic and iconic resort that blends old-world elegance with modern luxury.
philanthropy to her children. She believes that true elegance is not only about refined tastes but also about the values one upholds.
"Providing my children with exposure to the sophistication of the world is one of the greatest gifts I can give them. Empathy, respect, gratitude, and self-discipline are principles I teach them daily, just as my own family instilled in me," she says.
Her passion for cultural awareness extends beyond her family, as she actively supports charitable initiatives that uplift communities and invest in the next generation. Whether through philanthropy or personal mentorship, she understands that sophistication is best demonstrated through action and generosity. Wisdom comes not from where one has been but from the lessons learned along the way.
“Throughout my travels and understanding the beauty of different regions, I’ve noticed that true beauty lies in imperfection. Imperfection in whatever we see along the way gives a person or place more of an identity. We are not perfect, I am not perfect, and for me, there is a uniqueness to be celebrated in imperfection,” Ghanem shares.
Chef Michael Mina’s BOURBON STEAK Opens in Delray Beach
James Beard Award-Winning Chef Brings His Signature Steakhouse Concept to The Seagate Hotel
By Hillary Latos
Acclaimed chef and restaurateur Michael Mina expands his celebrated Bourbon Steak brand with the opening of Bourbon Steak Delray Beach, located within The Seagate Hotel in Delray Beach, Florida. Known for redefining the modern steakhouse, Bourbon Steak combines the finest ingredients, meticulous techniques, and unparalleled hospitality to deliver a dining experience that balances timeless traditions with a contemporary edge. Chef Mina, an EgyptianAmerican restaurateur, has built a legacy of chef-driven concepts under The MINA Group, earning multiple James Beard Awards, Michelin stars, and recognition as one of the “50 Most Powerful People in American Fine Dining” by Robb Report. This latest opening continues to showcase Chef Mina’s ability to create elevated culinary experiences that resonate with diverse audiences. Designed to complement Delray Beach’s vibrant charm,
Bourbon Steak Delray Beach offers a menu rooted in Chef Mina’s culinary philosophy of Product, Technique, and Innovation, with highlights including premium cuts of steak, globally inspired seafood, and indulgent sides—all delivered with an original flair that distinguishes Bourbon Steak from the traditional steakhouse model.
THE TEAM
Michael Mina is an award-winning chef and the founder and executive chairman of MINA Group, a collection of over 30 concepts such as Orla, PABU, Sorelle, MINA’s Fish House, The Bungalow Kitchen by Michael Mina, and Bourbon Steak, across the Bay Area, Los Angeles, New York, Hawaii and beyond. Born in Cairo, Egypt, and raised in Washington state, Chef Mina began his career at Chef Charlie Palmer’s Aureole in New York City
before launching AQUA in San Francisco with Chef George Morrone to national acclaim. Over his illustrious career, he has been honored with numerous accolades, including a Michelin star at MICHAEL MINA, induction into the James Beard Foundation’s “Who’s Who of Food & Beverage,” and being named Bon Appétit’s Chef of the Year. In both 2023 and 2024, Chef Mina was recognized by Robb Report as one of the “50 Most Powerful People in American Fine Dining.” Last year, he released his most personal project yet: My Egypt: Cooking From My Roots, a cookbook that explores his Egyptian heritage and its culinary influence on his career.
Executive Chef Pablo Valencia leads the kitchen at Bourbon Steak Delray Beach, bringing a wealth of global experience and expertise to the team. Most recently, Chef Valencia served as Executive Sous Chef at Kalatua, a beachfront Caribbean restaurant in St. Martin. Prior roles also include leading culinary teams at RitzCarlton locations in Key Biscayne, Florida, and Tysons Corner, Virginia. With experience in some of the world’s top hospitality brands, Chef Valencia’s talent and vision perfectly complement Mina’s signature style.
THE MENU
Bourbon Steak Delray Beach delivers an unparalleled dining experience with a meticulously crafted menu that honors steakhouse traditions while embracing modern innovation. In lieu of traditional bread service, every table is treated to Bourbon Steak’s signature Duck Fat Fries trio, accompanied by an array of dipping sauces. Shellfish and caviar selections set the tone for an unforgettable meal, featuring an impressive array of both chilled and broiled offerings. Choices include Gulf Shrimp Cocktail with gin-spiked cocktail sauce, Stone Crab Claws with mustard sauce, and Maine Lobster served with espelette Dijonnaise. Caviar service is presented traditionally but is also available with playful twists, such as a “Twinkiee”, a homemade cornbread twinkie stuffed with a yuzu creme fraiche and 7g of Caviar and chives on top, and a Lobster Rollinspired option. Appetizers include Michael Mina’s renowned Tuna Tartare, prepared tableside with quail egg, pine nuts, mint, Asian pear, and habanero-sesame oil—a dish Chef Mina first introduced in 1991 at
AQUA, now a global staple; a White Truffle Agnolotti with stracciatella and truffle butter; and Bacon-Wrapped Scallops with cherry and roasted-chicken jus, delivering just the right balance of richness and flavor, among others.
The team has curated an exceptional selection of steaks to highlight the finest quality meats. Selections include an 8 oz Filet Mignon, 22 oz 50-Day Dry-Aged Cowboy Ribeye, and the dramatic 40 oz Hay-Smoked Tomahawk Ribeye, served tableside for a showstopping presentation from the custom design Bourbon Steak trolley. The Wagyu selection at Bourbon Steak Delray Beach features some of the world’s most sought-after cuts, each offering a unique flavor and texture. Hokkaido Snow Beef, an exceptionally rare wagyu from Chateau Uenae, boasts high marbling and a delicate sweetness from the cattle’s corn-rich diet, with only two harvested per month to ensure peak quality. Tokushima A5 Wagyu, sourced from Tajima cattle in Hyogo
Prefecture, delivers a rich, buttery texture and deep umami flavor, while Kagoshima A5 Wagyu is prized for its silky, melt-in-yourmouth tenderness and refined marbling. Each selection represents the pinnacle of Wagyu craftsmanship, promising an indulgent and unforgettable steakhouse experience.
Accompaniments include Black Truffle Butter, Béarnaise Sauce, and Chimichurri, offering guests the opportunity to customize their steaks to perfection. Other main dishes celebrate bold flavors and impeccable technique. The Big Eye Tuna Au Poivre is served with seasonal morel mushrooms and garlic spinach, draped in a rich sauce, while the Roasted Chilean Sea Bass is on the lighter side with confit cherry tomatoes, sunchokes, and a basil emulsion. The iconic Maine Lobster Pot Pie, presented tableside in a copper pot with market vegetables and a lobster-cognac emulsion, remains a hallmark of the Bourbon Steak experience.
Sides are just as indulgent and are not to be missed, with offerings like Black Truffle Mac & Cheese Gratinée, Creamed Spinach topped with crispy shallots, and Fried Brussels Sprouts with a honey-dijon glaze.
The dessert menu at Bourbon Steak Delray Beach offers an indulgent finale to the dining experience, blending classic flavors with refined techniques. Highlights include Warm Beignets with a trio of dipping custards (Macallan 12-Year butterscotch pudding, crème brûlée with fresh raspberries, milk chocolate pot de crème); Banana Tarte Tatin with preserved citrus caramel and macadamia nut ice cream; and the signature Bourbon Steak Chocolate Candy Bar, featuring peanut butter crunch, chewy brownie, and caramel mousse flavors. For a lighter option, the Creamsicle Shaved Ice with citrus mango granita, coconut espuma, and gold leaf provides a refreshing contrast.
BEVERAGE PROGRAM
The beverage program at Bourbon Steak Delray Beach is designed to complement the restaurant’s refined yet dynamic culinary offerings, featuring a thoughtfully curated selection of wines, cocktails, and spirits. The wine list showcases an impressive collection from both the Old and New World, offering everything from renowned labels from Bordeaux and Burgundy to emerging producers making waves in the industry. Each selection is chosen for its depth, personality, and balance, ensuring a perfect pairing for any dish.
The cocktail program blends timeless classics with modern ingenuity, featuring an extensive collection of rare and allocated bourbons, including exclusive single-barrel selections that elevate the experience. Signature drinks, such as the Famous Steakhouse Martini, crafted with Grey Goose Vodka, olive bitters, and lemon essence, set the tone for an elegant evening, while playful yet sophisticated options like the Fugu, a
tequila-based cocktail with yuzu, grapefruit, and agave, served in a unique and eyecatching puffer fish glass, add an element of delight. The Single Barrel Old Fashioned, featuring Russell’s Single Barrel Bourbon, toasted pecan, and vanilla demerara, delivers a rich and complex take on a classic favorite.
For those looking to explore spirits in a more immersive way, the restaurant’s roaming whiskey cart offers guests the opportunity to discover a well-curated selection of whiskeys from around the world, available for sampling or as part of a perfectly balanced, tableside-crafted cocktail.
THE DESIGN
Located in The Seagate Hotel, the restaurant offers a sleek and inviting setting that balances modern sophistication with Delray Beach’s relaxed charm. Designed by Martin Brudnizki Design Studio (MBDS), the restaurant seamlessly integrates the refined aesthetic of Bourbon Steak with a Floridian sensibility, striking a balance
between tradition and modernity. Rich, natural materials—including brass, grass cloth, leather, and gold leafing—are complemented by abundant natural light and an airy, open layout, reflecting Delray Beach’s relaxed yet glamorous spirit. At the heart of the space, a stunning gantry of twisted glass rods and brass accents creates a dazzling focal point, harmonizing with a woven leather bar front that exudes craftsmanship and refinement.
Drawing inspiration from The Seagate’s coastal surroundings, the design effortlessly merges indulgence with approachability— where the comfort of a yacht and beach club meets the elevated ambiance of a distinguished dining experience. A warm, organic palette and luxurious finishes add depth and character, guiding guests from the intimate, leather-clad private dining room, where layered textures create an immersive setting, to the open-air terrace, where lush tropical greenery enhances the connection to the outdoors. Guests can enjoy an elevated dining experience in the main dining room or private spaces, ideal for gatherings of all sizes.
THE LEGACY OF LEADERSHIP
Tim Gannon, Chris Gannon, and the Power of Family Entrepreneurship
When Tim Gannon founded Outback Steakhouse in 1988, he set the stage for an iconic culinary brand that would change the way people dined across America and the world. Little did he know, this would be the first chapter in a legacy of entrepreneurship that would span decades and see its next generation of leaders rise to equally remarkable heights.
By Candice Beaumont
Fast forward to today, and Tim’s son, Chris Gannon, is carving his own path of success—first as the founder of the fastcasual restaurant Bolay, and also as a US Open Polo Champion. Chris’s father Tim has won three US Open Polo championships. As a child, Chris watched his dad be honored as Entrepreneur of the Year, beating out top companies like AOL. Many years later Chris won the same award. As both father and son have achieved remarkable feats in business and sport, their story is one of shared values, continued innovation, and the power of a strong family legacy.
A NEXT-GENERATION VISION: CHRIS GANNON AND BOLAY
Chris Gannon, Tim’s son, inherited more than just a name—he inherited a powerful entrepreneurial mindset. With a deep understanding of what makes a brand successful, Chris set out to build Bolay, a fast-casual restaurant that combines fresh, healthy food with an exciting dining experience. Bolay is a direct reflection of Chris’s commitment to quality, sustainability,
and the future of dining. Where Outback Steakhouse revolutionized the casual dining experience, Bolay is at the forefront of the next generation of healthy, modern eating.
But Chris’s entrepreneurial spirit isn’t limited to the kitchen. As an accomplished polo player, Chris is a testament to the idea of balancing work with passion. He and his team have won the prestigious US Open Polo Championship, proving that leadership, discipline, and team-building skills aren’t confined to just the boardroom. His experience on the polo field parallels his entrepreneurial journey: both require resilience, strategy, and the ability to navigate through challenges with grace.
NEXT-GEN LEADERSHIP: WHAT WE CAN LEARN
As entrepreneurs and leaders, Tim and Chris Gannon exemplify key qualities that all aspiring leaders can emulate. Their ability to balance tradition with innovation, their dedication to mentorship, and their resilience in the face of challenges are all hallmarks of great leadership.
In a world that constantly evolves, both father and son have shown that the key to sustained success lies in adaptability and forward-thinking. Tim’s Outback Steakhouse revolutionized the restaurant industry, but Chris’s Bolay is positioning itself to change the future of fast-casual dining, with an emphasis on healthy eating and sustainability. As both Tim and Chris continue to build upon their respective legacies, they serve as an inspiration for the next generation of entrepreneurs to follow.
Q: Tim, can you share an overview of your background and how you got started in the restaurant industry?
Tim Gannon: My journey started in New Orleans, a city that I still consider one of the greatest culinary melting pots in the world. I spent 10 years there, five years with Steak and Ale and another five years working with Al Copeland, the mastermind behind Copeland’s Cajun cuisine. New Orleans taught me everything about the power of flavor, spices, and the emotional connection people have with food.
During my time with Al, I worked closely with legendary chefs like Warren LeRuth, a Michelin two-star chef, and I was deeply inspired by Paul Prudhomme, the genius who created blackened redfish. That’s where I learned how to blend spices and layer flavors in a way that would later become foundational to my success at Outback Steakhouse. But getting to Outback wasn't a straight path. Before we launched it, I worked in several restaurants, learning the ins and outs of operations, marketing, and the magic behind creating food that people crave.
Q: How did Outback Steakhouse come to be?
Tim Gannon: It was really about recognizing an opportunity and surrounding myself with the right people. I always say that the single most important factor in success is choosing the right partners. That’s exactly what happened when I teamed up with Chris Sullivan and Bob Basham.
In 1987, we took everything we had learned from our years at Steak and Ale and applied it to something new—an Aussie-inspired steakhouse that was fun, flavorful, and focused on quality and value. But I didn’t just want a steakhouse; I wanted something memorable.
Q: How did you come up with the Bloomin’ Onion?
Tim Gannon: It was a combination of inspiration and problem-solving. Paul Prudhomme’s blackened redfish had taken the food world by storm, and I realized that people weren’t just eating—they were experiencing flavor in a new way. I wanted to create something just as innovative.
I started experimenting with spices, textures, and presentation. The idea of a whole onion, sliced into petals, battered with Cajun spices, and deep-fried to golden perfection just clicked. It wasn’t just a dish—it was a showstopper.
And guess what? That Bloomin’ Onion went on to generate over $1.2 billion in sales over the years. It became the number-one-selling appetizer in casual dining for over 35 years, and despite countless attempts, no one has been able to replicate it successfully.’
Q: Chris, how did growing up with Tim as your father shape your path into the restaurant industry?
Chris Gannon: Growing up, I was surrounded by food, hospitality, and the excitement of the restaurant world. My father’s approach was always about passion, he didn’t just cook, he created. He didn’t just serve meals, he delivered an experience.
But more than anything, what I learned from him was hard work. He always told me that success comes down to persistence and surrounding yourself with people who believe in you.
Health is wealth, and people are understanding that what they eat affects their longevity, performance, and mental clarity.
Even when I was young, I worked in restaurants, starting with bussing tables at Outback Steakhouse. Later, I explored different areas of the industry, from working at TruLuck’s, a fine-dining steakhouse in Austin, to spending time in marketing and advertising. Each experience taught me something new—not just about food, but about consumer behaviour, branding, and how to create a business that connects with people on an emotional level.
Q: What inspired you to create Bolay?
Chris Gannon: After working in fast food with PDQ, my father and I quickly realized that it wasn’t the right fit for us. We weren’t passionate about that type of food or the service model. We wanted something fresh, clean, and health-driven—something that would make people feel good after eating it.
The idea for Bolay came to me on the back of a napkin in an airport. I knew I wanted to create a fast-casual concept that focused on high-quality, nutrientdense ingredients. I pitched it to my dad, and instead of bringing in other partners, he said, “Let’s do this, just you and me.”
Bolay was built on the foundation of real food, real flavors, and real energy. It’s 100% Gluten-Free, with fresh vegetables, lean proteins, and bold, exciting flavors. And at the time, we didn’t even realize how ahead of the curve we were.
Q: How does Bolay address concerns about food quality, stabilizers, and additives?
Chris Gannon: One of the biggest problems in the modern food industry is how much junk is in our food, stabilizers, preservatives, artificial ingredients, things that people don’t even realize they’re consuming daily.
For example, glyphosate, a chemical widely used in agriculture, is all over the wheat supply in the U.S. Many people who think they have a gluten intolerance may actually be reacting to the chemicals sprayed on their food. That’s why being 100% Gluten-Free at Bolay was a no-brainer.
We don’t use artificial stabilizers or preservatives. If you look at a lot of fastcasual or even fine-dining restaurants, their sauces and marinades are loaded with stabilizers that extend shelf life but compromise health. At Bolay, we’re focused on clean eating: real, whole ingredients without unnecessary additives.
It’s a food revolution happening right now. People are finally questioning what they’re putting in their bodies. Health is wealth, and people are understanding that what they eat affects their longevity, performance, and mental clarity.
Q: What are some of the biggest challenges in building and running a modern restaurant brand?
Chris Gannon: Running a restaurant isn’t just about cooking great food—it’s about managing an extremely complex business model that operates under constant pressure. People don’t realize that restaurants are essentially manufacturing plants, but instead of dealing with non-perishable goods, we work with fresh, highly perishable ingredients that need to be sourced, stored, prepared, and served within incredibly tight timeframes. Every day, we have to maintain strict quality control, ensuring that every product meets our standards while managing the unpredictability of food supply chains.
If you choose the right partners, you can weather any storm. If you choose the wrong ones, even the best ideas will crumble. That’s the first lesson I tell every entrepreneur: choose your partners wisely.
Hiring and retaining talent is another major challenge. The restaurant industry is one of the most demanding workplaces—our workdays don’t end at 5 PM. While most people are winding down for the weekend, we’re gearing up for our busiest hours. The ability to build and maintain a strong, motivated team is crucial because the service and kitchen staff directly shape the guest experience. It’s an industry that requires passion and stamina, and finding people who are not only skilled but also committed to that level of energy is always a challenge.
On top of that, food costs are constantly in flux. Prices can swing overnight due to weather conditions, supply chain disruptions, inflation, and global agricultural shifts. One bad season can send the cost of a core ingredient soaring, and when you’re running a fast-casual restaurant that prioritizes fresh, high-quality ingredients, those fluctuations hit hard. We have to be flexible, innovative, and strategic—adjusting menus, optimizing portions, and working closely with suppliers to navigate those challenges while still delivering value to our guests. It’s a balancing act that never stops.
Q: How does technology fit into the restaurant business, and what challenges does it present?
Chris Gannon: Technology is one of the biggest double-edged swords in the restaurant world. Our customers expect first-class technology; seamless ordering, fast checkouts, and a smooth digital experience. But the restaurant industry is always behind when it comes to tech innovation.
The best technology usually goes to industries with higher margins ; finance, healthcare, e-commerce. Restaurants, on the other hand, are dealing with low profit margins, so we don’t get the best software right away. We have to make do
with C-level technology while trying to deliver an A-level customer experience.
Another challenge is integrating technology in a way that improves operations rather than complicating them. For example, third-party delivery apps have become a necessity, but they also cut into restaurant profits and disrupt service flow. Managing those platforms while maintaining highquality food delivery is a constant challenge.
Q: What’s the future of food technology, and how does Bolay adapt?
Chris Gannon: The future of food tech is going to be all about transparency and efficiency. Consumers today are more informed than
ever, and they want to know exactly what’s in their food—where it comes from, how it’s sourced, and what impact it has on their health. Restaurants that can provide clear sourcing, nutritional information, and ingredient details will build trust and loyalty with their guests. Automation in the kitchen is another major shift we’re watching closely. AI and robotics have the potential to streamline kitchen processes, improving consistency and efficiency without losing the human touch that makes dining experiences special. Smart food sourcing is also becoming increasingly critical. With climate change, food shortages, and supply chain disruptions posing growing challenges, the brands that can develop sustainable and ethical sourcing methods will be the ones that thrive in the future. At Bolay, we’re keeping an eye on these trends while staying true to our core values. No shortcuts, no artificial junk—just real food that people can feel good about eating
Q: What’s next for Bolay?
Chris Gannon: The next chapter for Bolay isn’t just about opening more locations; it’s about expanding with purpose, with intention, and with an unshakable commitment to what made us successful in the first place. Right now, we’re focused on raising capital in a way that allows us to scale while maintaining the quality, culture, and energy that set us apart. Growth for the sake of growth is dangerous; it dilutes what makes a brand special. I’ve seen too many restaurants expand too quickly, only to lose their identity in the process. That won’t happen to Bolay.
We’ve spent years perfecting our systems, understanding what makes people come back, and ensuring that our foundation is strong. Now, it’s time to build on that. Every new Bolay location has to feel like a seamless extension of our mission; offering
real, high-quality, nutrient-rich food in an environment that makes people feel good. We’re refining our supply chains, strengthening our leadership team, and investing in technology that will allow us to operate more efficiently while maintaining that personal, handcrafted touch.
But beyond the mechanics of running a business, my goal is to continue leading the charge in redefining what “healthy eating” means. The world is waking up to the truth about food and how it fuels us, how it heals us, and how what we put in our bodies determines everything from our energy levels to our long-term health. Bolay isn’t just a restaurant, it’s part of a movement. The days of artificial stabilizers, preservatives, and mass-produced meals packed with hidden chemicals are numbered. People want real food, and we’re going to keep giving it to them.
And when people walk into a Bolay five, ten, twenty years from now, I want them to feel the same thing they felt when they visited our very first location; a place that cares. A place that energizes. A place that’s built on integrity, flavor, and passion.
Q: Tim, what does it mean to see Chris build his own restaurant empire?
Tim Gannon: Watching Chris step into his own as a leader, an innovator, and a creator has been one of the greatest joys of my life. There’s something powerful about seeing the next generation take what you’ve built, honor it, but also push it further—make it their own. Chris didn’t just follow in my footsteps—he carved his own path, one that reflects who he is, what he believes in, and the future he sees for this industry.
I’ve always told him that building a great business isn’t just about making money—it’s about making an impact. And that’s exactly what he’s doing. He understands something fundamental that many business owners overlook: people don’t just want to eat; they want to feel good about what they’re eating. They want to trust what’s on their plate. They want to know that their food isn’t just convenient, but actually good for them. Chris has taken that knowledge and turned it into something extraordinary.
The world is waking up to the truth about food and how it fuels us, how it heals us, and how what we put in our bodies determines everything from our energy levels to our long-term health. Bolay isn’t just a restaurant, it’s part of a movement.
When I started Outback Steakhouse, I was driven by the idea that food should be memorable—that one dish, like the Bloomin’ Onion, could create an experience that sticks with people for years. Chris has that same philosophy, but he’s applying it in a way that speaks to today’s world—a world that’s demanding cleaner food, healthier options, and a dining experience that fuels the body as much as it satisfies the taste buds. And what makes me most proud? He’s doing it with heart. He’s not cutting corners. He’s not sacrificing quality for speed or profit. He’s building something that will last, because it’s built on passion, integrity, and an unwavering belief in doing things the right way. That’s the kind of legacy that matters.
I’ve rung the bell at the New York Stock Exchange three times. I’ve built one of the most recognizable brands in casual dining. But nothing compares to the pride of seeing my son create something truly meaningful.
Chris isn’t just running a business—he’s shaping the future of food. And I have no doubt that what he’s building today will be changing lives for decades to come.
Q: Tim, when you look back on your journey—building Outback Steakhouse, navigating the challenges, and ultimately creating something iconic—what are the biggest lessons you've learned, and what advice would you give to the next generation of entrepreneurs looking to follow in your footsteps?
Tim Gannon: If there’s one thing I’ve learned in my journey, it’s that success is never a solo act. No one builds something great alone. The people you choose to surround yourself with, your partners, your team, the ones who believe in you even when you’re at your lowest, those are the people who shape your destiny. I was 40 years old, flat broke, and had just sold my saddle for gas money when I joined Outback Steakhouse. But I had something far more valuable than money. I had partners who believed in me, who saw my talent, and who gave me an opportunity when I had nothing to offer but my skills and my passion. That belief became the foundation of an empire.
Business is about relationships. It’s about trust. And it’s about the unshakable confidence that no matter how many times you get knocked down, you have the right people to help you get back up. If you choose the right partners, you can weather any storm. If you choose the wrong ones, even the best ideas will crumble. That’s the first lesson I tell every entrepreneur: choose your partners wisely.
The second lesson? Never lose sight of the customer. Too many businesses fail because they become obsessed with their product, their brand, their growth, everything except the one thing that actually determines success: whether or not people want to come back. At Outback, we never asked, “How much money are we making?” We asked, “Are we giving people a reason to return?” If you focus on that, if you commit to delivering quality and value every single day, success will take care of itself.
And finally, be relentless. There will be moments when it feels impossible, when the challenges seem too great, when it would be easier to quit. Don’t. The difference between those who make it and those who don’t isn’t intelligence, luck, or talent. It’s grit. It’s waking up every morning, putting one foot in front of the other, and refusing to give up. It’s knowing
that the wall in front of you isn’t an ending, it’s just an obstacle. Find a way around it, over it, through it. Because on the other side of that wall, that’s where greatness is waiting.
Q: Chris, when you look at the journey you’ve taken with Bolay, the challenges you’ve faced, and the lessons you’ve learned, what advice would you give to the next generation of entrepreneurs, especially those who want to build something lasting?
Chris Gannon:The first thing I’d tell any entrepreneur is that hard work beats everything. Talent, ideas, funding, none of it matters if you’re not willing to outwork everyone else in the room. Show up earlier, stay later, and be the one who keeps pushing when everyone else is ready to quit. That’s not just a cliché; it’s the reality of building something that lasts. I’ve seen incredibly smart, talented people fail because they didn’t have the drive to keep going when things got tough. And I’ve seen people succeed purely because they refused to give up.
But hard work alone isn’t enough. You also have to be strategic. The biggest mistake I see young entrepreneurs make is falling
in love with an idea without making sure there’s a real market for it. It’s not just about what you’re passionate about, it’s about what people actually want. Before we started Bolay, we studied the market, looked at what was missing, and asked ourselves how we could create something that truly met a need. Entrepreneurs who take the time to do that, who research, who listen, who test their ideas before going all in, are the ones who build businesses that last.
And finally, I’d say this. Build something that can scale. Too many people create businesses that are limited from the start. They put themselves in a box where growth isn’t possible. The beauty of the restaurant industry, when you do it right, is that it’s scalable. If you get the formula right, if you nail your concept, your customer experience, and your operations, you can replicate it, and that’s where real success happens.
At the end of the day, my advice is simple. Work harder than anyone else. Be smart about what you build. And if you have the privilege of carrying a strong name, don’t just protect it, make it even greater. Legacy isn’t something you inherit. It’s something you prove, every single day.
THE BUSINESS OF HERITAGE
Rohan Marley’s Journey from Sports to Global Entrepreneurship
Rohan Marley, entrepreneur, former athlete, and son of the legendary reggae artist Bob Marley, has built a life and career rooted in purpose, resilience, and cultural heritage. His life story is an incredible journey of resilience and entrepreneurism from navigating life without his father to forging his own path in sports, fashion, coffee, cannabis, and hospitality. He is also a devoted dad and the father of model Selah Marley, Sarah Marley, reggae artist YG Marley, musician Zion Marley, John Marley, and former NFL football player Nico Marley, and Eden Marley.
By Candice Beaumont and Hillary Latos
Shaped by his deep connection to the Rastafari movement, Rohan shares how his philosophy influences his approach to business, his commitment to sustainability, and his vision for creating lasting impact. Whether pioneering Marley Coffee, launching Lion Order in the cannabis industry, or expanding into hospitality, he remains dedicated to authenticity, legacy, and empowerment.
Through his insights and experiences, Rohan offers a powerful perspective on entrepreneurship, culture, and the importance of building something meaningful for future generations.
Rohan, can you give us an overview of your journey, your background, and what led you to where you are today?
Yeah, so where do I begin? You see, my story, it’s life after ‘81—after my father, Bob Marley, passed. I was just a boy, nine years old, no father figure to guide me through life, no one to teach me to ride a bicycle or drive a manual car. I had to find my way. I was expelled from school at a young age, shifting between Jamaica and Miami, and trying to find a path. But one thing always fascinated me—the Coptic movement. These Rastafari priests weren’t just spiritual leaders; they were businessmen, farming the land, sustaining a livelihood through cannabis. They were the first legal cannabis movers in the ‘70s, contributing millions to Jamaica’s economy. Their legacy sparked something in me.
When I was expelled from school in 1984, I was sent to Miami to live with my uncles. There, I met some of the people from the Coptic movement I had read about but never seen. I saw their success, their wealth, and their business acumen. But the government shut down their operations, imprisoned them, and took everything. That’s when I thought I’d become a lawyer—to free my Rasta brethren from prison, persecuted for using our sacrament. But life had other plans.
I played sports, got into football, and earned a scholarship to the University of Miami. While there, I met people connected to the old Rastafari movement in Michigan, where they had reestablished themselves legally. That’s when my mind started shifting again. I realized I wasn’t going to the NFL—I
was too small. So, I turned to my roots, my heritage, my spirituality. I traveled to Ethiopia with my grandmother, my guiding light, to reconnect with my essence. And that’s where the next chapter began.
You’ve lived and worked in different places—Jamaica, Miami, Ethiopia. How have these environments shaped your worldview?
Every place I’ve lived has taught me something different, but they’re all connected in my journey.
Jamaica is my foundation. It’s where I learned resilience, where I first saw the strength of the Rastafari movement, and where I was introduced to the power of self-sufficiency. Growing up there, I saw both struggle and
ingenuity—people making something out of nothing. That mindset shaped me early on.
Miami was where I had to learn survival. When I moved there as a teenager, it was a whole new world—different energy, different opportunities. It’s where I got into football, where I saw the business side of things, and where I learned to adapt. Being in Miami also put me closer to the Latin American market, which later helped me expand Marley Coffee and other businesses internationally.
Ethiopia, though—that was a spiritual homecoming. It’s where I truly reconnected with my roots, not just as a Marley, but as a man of African heritage. Ethiopia is the birthplace of coffee and the spiritual heart of Rastafari. When I visited, I realized that my path wasn’t just about business; it was about
Photo by Robby Z Photography from the 2025 Playing for Change Foundation Impact Awards
purpose. That’s why I source coffee from Ethiopia, why I support communities there, and why I carry that energy into everything I do. Living and working in these places didn’t just shape my worldview—they gave me the tools to build something meaningful.
Can you tell us about your journey in the fashion industry?
Fashion was a big part of my journey. My sister, Cedella, was working on a women's brand called Catch a Fire, and she wanted me to develop a men's line to complement it. But I told her, 'If I'm going to do this, I have to call it Tuff Gong Clothing.' So I went all in, learning everything I could about fabrics, dyes, and design. I traveled to Portugal, worked with seamstresses in New York, and really immersed myself in the craft.
Tuff Gong Clothing was taking off, but then we hit some challenges. We ran out of money, and my business partner at the time refused to take a pay cut. I had to shut it down. That was a hard moment. But when one door closes, another opens. My sister brought me in to
work on another fashion line in New York, where I designed a collection called Relics of Antiquity. It was built around Ethiopian church art, blending culture and heritage into fashion. But even then, I realized my true calling wasn’t just in clothing—it was in building something deeper, something that could last for generations. That’s when my focus shifted more towards coffee, cannabis, and lifestyle brands that truly represented my essence.
You’ve built multiple businesses— coffee, cannabis, fashion, hospitality. How did that all come together?
It started with the land. In Jamaica, I bought a piece of land with $200,000. It was raw, untouched, and full of potential. The community told me, ‘This land is known for coffee.’ I asked, ‘What’s growing on my land?’ They said, ‘Blue Mountain Coffee.’ And just like that, I was in the coffee business.
I didn’t just want to farm—I wanted to do it the right way. Organic, sustainable, ethical. I became the first organic coffee farmer in Jamaica over two acres. But the
industry wasn’t set up for small farmers. I was selling my raw cherries for pennies while corporations made millions. I said, ‘Nah, I need to take this to market myself.’ That’s when I created Marley Coffee. I learned the entire process—from seed to cup. And when I went back to Ethiopia, I realized coffee wasn’t just Jamaican; it was Ethiopian, the birthplace of coffee itself. So, Marley Coffee became a universal movement, sourcing from Ethiopia, Jamaica, and beyond.
From there, I expanded. I built House of Marley, an eco-friendly audio and lifestyle brand, because if I’m going to be about sustainability in coffee, I need to be about it in everything. Then came my hotel—RoMarley Beach House in Mexico. While running that, I saw people drinking wine that wasn’t mine, so I developed my own, King Clementine wine. The same happened with tequila—so now I have my own tequila coming, too. It’s about creating a lifestyle that represents my roots.
The coffee business started in Jamaica, but you later transitioned to Ethiopia. What inspired that move?
Jamaica was where I first started growing coffee, but the industry there wasn’t designed for small farmers. I was selling raw cherries for a fraction of what they were worth, and I couldn’t even get an export license. It wasn’t sustainable. Then, in the year 2000, I traveled to Ethiopia—the birthplace of coffee. That’s when everything changed.
I visited a monastery where the monks were drying coffee cherries on a barbecue slab, using an ancient wine process. That was my moment of enlightenment. The monk threw me a coffee cherry and said, 'This is your future business.' I carried that cherry in my pocket as a reminder.
But it was more than that. I realized that coffee wasn’t just about business—it was about history, culture, and identity. The world calls it Arabica, but the real name is Aetiopica. That knowledge lit a fire in me. I wanted Marley Coffee to be more than just a product; I wanted it to tell the true story of coffee. Ethiopia is not just where coffee comes from; it’s the birthplace of civilization, the roots of Rastafari, the land of Haile Selassie. It all connects.
DRIVING RETURNS
How Miami Became the Investment Capital of Car Culture
While Europe patiently waits for spring, Miami’s engines are already roaring. Beneath the palm trees and high-rises, a new identity is emerging—one where luxury car culture and financial ambition meet in perfect harmony. From where I sit, at the intersection of performance and investment, it’s clear: Miami isn’t just hosting the party—it’s leading the parade.
By Lachlan DeFrancesco Chief of Cars at MCQ Markets
Miami’s growing significance in the luxury car space mirrors its rise as a global financial powerhouse. In just the past few years, we’ve seen a surge of venture firms, family offices, and fintech giants establishing a serious presence in South Florida, with MCQ Markets joining the ranks. What’s fascinating is how this influx of capital is fueling a new kind of culture—one where ultra-luxury automobiles aren’t just assets; they’ve become expressions of identity, access, and aesthetic taste.
That cultural shift was on full display at this year’s Moda Miami, a two-day concours event held at the historic Biltmore Hotel in Coral Gables. With over 275 of the world’s rarest and most valuable cars—from pre-war Duesenbergs to modern marvels like the Rolls-Royce Spectre Black Badge—the event struck a rare balance between heritage and modernity. Moda Miami’s true innovation lies in how it brings those worlds together. This isn’t just about cars—it’s about curated experiences. Driving tours through Coral Gables. Collector meet-ups. Intimate conversations around design, engineering, and legacy. You’ll find yourself standing next to a Mercedes 300 SL on one side and Queen Elizabeth II’s former off-road fleet on the other. Every vehicle is a chapter in a story that spans generations—and events like this are the new salons where those stories are shared.
But what makes Moda especially important for our industry is one word: access. Behind the velvet rope, this event connects serious investors with sellers who aren’t listing their cars publicly. These are private, often once-in-a-lifetime transactions, and for the right buyer with the right understanding, they represent powerful opportunities.
This year’s RM Sotheby’s auction at Moda Miami brought those opportunities to life, with nearly $75 million in sales over two days. Standout results included:
• A 1966 Ford GT40 Mk II, sold for $13.2 million
• A 1908 Mercedes 150 HP Rennwagen, sold for $8.25 million
• A 1957 Chevrolet Corvette SS XP-64, fetching $7.7 million
In today’s financial landscape, ultra-rare vehicles are increasingly viewed as a serious, appreciating asset class, leading the charge amongst other alternative asset classes like fine art, watches, and real estate.
At MCQ Markets, we believe access shouldn’t be limited to those who can write seven-figure checks. Our mission is to democratize high-value vehicle ownership through fractional investment, allowing more people to participate in this market without sacrificing the prestige or upside. We’re creating a new avenue for alternative investing—one that blends passion with performance.
That’s why we’re now gearing up to IPO one of the most soughtafter supercars of the 21st century: the Lexus LFA. Originally released at $375,000, it’s now selling for up to $951,000, reflecting a 153.6% return on investment. Limited in production, unrivaled in engineering, and deeply revered by collectors, the LFA is a textbook example of why the future of luxury investment is on four wheels.
Join the LFA waitlist now at www.MCQmarkets.com and own a piece of automotive history—one share at a time.
VANDERBILT UNIVERSITY Expands to West Palm Beach
A Strategic Move to Foster Innovation and Drive Economic Growth
By Candice Beaumont
Vanderbilt University’s decision to expand to West Palm Beach is a strategic move driven by the region’s dynamic economic transformation and its emergence as a hub for finance, technology, and innovation. For years, Vanderbilt has been exploring opportunities in Florida, and West Palm Beach stood out as the ideal location for a campus that would not only educate but also contribute significantly to the local economy. With a focus on graduate programs in fields like finance, AI, and engineering, this new campus aims to create a robust talent pipeline that directly addresses the needs of the growing industries in South Florida. By integrating academia with the business ecosystem, Vanderbilt seeks to foster collaboration, drive innovation, and help elevate West Palm Beach as a global leader in financial and technological advancements.
Impact Wealth met with Vanderbilt University Chancellor Daniel Diermeier to discuss the vision behind Vanderbilt University in West Palm Beach.
VISION & PURPOSE
What led to Vanderbilt University’s decision to expand to West Palm Beach?
We’ve been exploring opportunities in Florida for quite some time, and West Palm Beach emerged as the perfect fit for what we wanted to accomplish. At Vanderbilt, we believe a great university doesn’t just exist within its own walls—it thrives as an integral part of the surrounding community. That’s the foundation of this expansion.
South Florida, and particularly West Palm Beach, is experiencing a remarkable economic transformation. The region has positioned itself as a major hub for finance, asset management, and innovation—what many now call “Wall Street South.” That kind of dynamic environment is exactly where a world-class institution like Vanderbilt can step in and make a meaningful impact.
We saw an opportunity to create something powerful: a campus that doesn’t just educate but actively fuels the region’s growth by attracting top talent, fostering innovation, and forging deep partnerships with industry leaders. This isn’t just about Vanderbilt growing—it’s about building an ecosystem where academia and industry elevate one another.
From the moment we started conversations with local leaders and business figures, the alignment was clear. There was enthusiasm from all sides—our alumni network in the area, city and county officials, and corporate partners. And when we connected with Steve Ross, the vision crystallized even further. Everything pointed to West Palm Beach as the place where we could create something truly special.
So, this is not just an expansion. It’s a strategic move to be at the heart of an evolving financial and technological landscape, where we can bring Vanderbilt’s academic excellence and innovative spirit to a region that’s ready for it.
What would success look like for Vanderbilt’s West Palm Beach campus in five or ten years?
Success, for us, is about impact. Ten years from now, we envision a thriving, world-class campus that’s recognized as a cornerstone of financial innovation, technology, and leadership development.
We want to be known not just as an academic institution in West Palm Beach, but as an essential part of its economic and cultural fabric. Our graduates will be leaders in
finance, AI, and engineering, seamlessly integrating into the local and global economy. We want the businesses in this region to say, “Vanderbilt is where we go for top-tier talent and research partnerships.”
This West Palm Beach campus will be a magnet for talent—students, faculty, and industry leaders all coming together to push boundaries, just as they do in Nashville. We see Vanderbilt as a hub where cutting-edge research meets real-world application, where students don’t just learn about financial innovation but help shape its future.
And beyond the academic piece, we want to contribute in a meaningful way to the local economy. Universities have an incredible multiplier effect on their communities. For every dollar invested, two or three more flow back into the region through job creation, industry collaboration, and business development.
So, success for us is about creating a campus that fuels opportunity—not just for Vanderbilt, but for West Palm Beach as a whole. If, in a decade, we’ve built an ecosystem where students, businesses, and the broader community are thriving together, then we’ll know we’ve done it right.
ACADEMIC PROGRAMS & INDUSTRY FOCUS
The new campus is focused on graduate programs—why was this the right approach?
When we looked at what would make the biggest impact in West Palm Beach, a graduate-focused model made the most sense. This region is growing into a major hub for finance, asset management, and technology. Companies here aren’t just looking for entry-level hires—they need highly skilled professionals who can step in and lead, who understand complex markets, data-driven decision-making, and emerging technologies. That’s where we come in.
A strong graduate program allows us to meet that demand head-on. We’re not just educating students—we’re building a talent pipeline. World class cities thrive because they have world-class universities feeding into their industries. That’s the role we see Vanderbilt playing here: a university that’s deeply integrated into the local and regional business ecosystem, helping shape its future.
At the same time, this campus will be a fantastic opportunity for our undergraduates. We would like to explore opportunities for juniors and seniors who are serious about finance or technology to have the chance to spend a semester here and get hands-on experience with top firms. It’s a win-win—students get realworld exposure, and businesses get to connect with top talent early.
What specific programs will be offered, and how do they align with industry needs in the region?
We’re preparing our applications for the academic programming we plan to offer for approval by the relevant education regulatory agencies, and we’re focusing on the fields that are driving the economy— not just here, but globally. That means business, finance, computer science, AI, and select areas of engineering. In finance, we’ll offer MBAs and specialized master’s degrees tailored for careers in investment banking, hedge funds, asset management, and private banking. South
Florida has seen an explosion of financial firms moving here, and they need people with the right skill set—sharp analytical thinkers who understand markets, risk, and high-level strategy.
On the tech side, we’re prioritizing artificial intelligence and data science—fields that are reshaping every industry. Companies across finance, healthcare, and logistics are integrating AI and machine learning into their operations, and the demand for experts in these areas is skyrocketing. Our programs will make sure students graduate with hands-on experience, working on real problems with real companies.
What makes this campus unique is that we’re not just offering degrees—we’re building an academic experience that’s directly connected to industry needs. We’re in active conversations with leading firms, making sure our curriculum reflects the input of the people who are hiring our graduates. That means students won’t just be learning theory—they’ll be solving real-world challenges from day one.
How is the curriculum being designed to integrate with the financial and technology sectors in South Florida?
The best education doesn’t happen in a vacuum. It happens when academia and industry work together, and that’s exactly how we’re designing our programs. We’re building this campus with direct input from the financial and tech firms that are shaping the future of this region.
For finance, that means case-based learning modeled on real investment decisions. Our students won’t just be studying markets in a textbook—they’ll be analyzing them in real time, building strategies, and engaging with industry professionals who are actively shaping the field.
In AI and data science, we’re focusing on applied learning—how these technologies are being used in finance, healthcare, and
beyond. Companies don’t just need people who understand AI theory; they need people who can apply it to real business challenges. Our programs will make sure students graduate with that hands-on experience.
Another key part of our approach is making sure the campus is fully connected to the business community. That means regular guest lectures from industry leaders, company-led workshops, and direct collaboration on projects with real-world impact.
At the end of the day, we want students to graduate not just with a degree, but with the skills, connections, and experience that make them indispensable to the industries they’re entering. This campus is about building those bridges—between students and employers, between research and real-world application, and between Vanderbilt and the future of this region.
COMMUNITY & BUSINESS PARTNERSHIPS
How is Vanderbilt building relationships with local businesses?
From day one, we’ve approached this campus with a clear philosophy: education doesn’t happen in isolation. A university is at its best when it’s deeply connected to the industries and communities around it. That’s exactly how we’re building Vanderbilt’s presence in West Palm Beach.
We’ve had extensive conversations with local business leaders, investment firms, tech companies, and policymakers to understand the region’s needs. And what we’ve heard is clear—there’s a great need for top-tier talent, for professionals who don’t just have theoretical knowledge but can step into high-impact roles and contribute from day one.
So, we’re not just creating an academic institution here. We’re building an ecosystem where students and businesses are constantly interacting. That means meaningful partnerships with financial firms, hedge funds, private equity groups, and technology companies. It means ensuring our faculty are not only worldclass researchers but also deeply engaged with the industries they teach about.
We’re structuring our programs to be immersive—real-world problem-solving, case competitions, collaborative projects with local companies, and exposure to industry leaders at every stage of the learning process. The idea is that by the time a student graduates, they’ve already been part of the professional landscape here. They don’t just have a degree; they have connections, mentorship, and firsthand experience.
Will students have access to internships and mentorship programs with local financial and tech firms?
Absolutely. In fact, that’s one of the biggest advantages of this campus. The whole point is to give students more than just an education—we’re providing a direct runway into high-growth industries.
Think about a student in our finance or AI programs. They’re not just sitting in a classroom studying market trends or machine learning models. They’re interning at hedge funds, working on data analytics for a private equity firm, or helping a local startup refine its AI-driven financial modelling. They’re collaborating, side by side with professionals, solving real problems.
Our goal is for every student to leave this campus with hands-on experience, a robust professional network, and the ability to transition seamlessly into high-caliber roles. That’s why we’re structuring mentorship into the DNA of this campus. Students won’t just be assigned a mentor as a formality—they’ll be paired with industry leaders who can offer real guidance, open doors, and help them navigate their careers with confidence. We’re also designing networking events, speaker series, and industry roundtables where students can engage directly with executives, investors, and entrepreneurs. We want these relationships to be organic,
meaningful, and, most importantly, beneficial to both sides—companies get access to bright, driven talent, and students gain exposure and opportunity. The reality is, in fields like finance and tech, who you know and how you apply your knowledge matters just as much as what you know. We’re ensuring our students are positioned to excel on both fronts.
Do you see the university contributing to job creation and economic growth in the region?
Without a doubt. Universities don’t just educate—they have impact. A thriving academic institution doesn’t exist in isolation; it becomes a key driver of economic and social progress. Studies consistently show that for every dollar invested in a university, two to three dollars flow back into the local economy. And with Vanderbilt establishing a major presence here, that effect will be significant.
First, there’s direct job creation. A campus of this scale means bringing in top-tier faculty, administrative teams, research
staff, and support personnel—all of whom will live, work, and contribute to the local economy. But beyond that, the real long-term impact comes from what this campus will do for the region’s workforce.
West Palm Beach is already attracting an impressive roster of financial firms, asset management companies, and tech startups, but the biggest challenge for any emerging business hub is to attract and retain talent. Companies relocate here, but they need a sustainable pipeline of professionals with the right expertise. That’s exactly what we’re building.
We know from experience that Vanderbilt graduates don’t just earn their degrees and leave—many of them put down roots in the places where they study. In fact, 35 to 40% of our graduates stay in the local economies where they complete their education. That means a significant portion of the students who come to our West Palm Beach campus will transition directly into leadership roles within the businesses that are driving this region’s economic growth.
But our impact isn’t just about individual career pathways—it’s about shaping the broader ecosystem. We’ve seen firsthand how a university can elevate a city through strategic partnerships. In Nashville, for example, Vanderbilt has worked closely with the city on major transportation initiatives to improve connectivity and support economic expansion. We've also partnered with public schools and local businesses to drive innovation and workforce development.
That same approach applies here. We’re not just bringing world-class academics to West Palm Beach—we’re stepping in as a long-term partner in the city’s growth. Whether that’s working with policymakers on infrastructure planning, supporting local education initiatives, or collaborating with industry leaders to fuel innovation, our goal is to make sure this campus doesn’t just exist in West Palm Beach—it actively enhances it.
This is about building a self-sustaining cycle. Companies grow because they have access to top talent. That, in turn, attracts more firms and investors, which fuels innovation
and job creation. And before long, we’re not just talking about a thriving Vanderbilt campus—we’re talking about a stronger, more competitive, and more dynamic West Palm Beach and Palm Beach County.
DEVELOPMENT & CHALLENGES
What have been the biggest challenges in launching the new campus, and how is Vanderbilt addressing them?
Any major expansion like this comes with its complexities, but the enthusiasm and support we’ve received in West Palm Beach have been incredible. From city and county officials to business leaders and our alumni network, the community has embraced this vision from the very beginning.
One of the most significant milestones was securing the land. This was a critical first step because, understandably, donors and partners wanted to see a firm foundation before making major commitments. Thanks to the overwhelming support from local leadership, the city donated two acres, and
the county provided over five acres—giving us exactly what we need to build a world-class campus. That was milestone number one.
Now, our focus is on milestone number two: fundraising. And this is where the real work begins.
Fundraising is a critical milestone—how much of the $300 million goal has been raised so far, and what are the next steps?
Our goal is to raise $300 million to bring this vision to life, and we’ve already made significant progress. We’ve secured $77 million so far, which is a strong start, but we know there’s still a long way to go.
Our fundraising strategy operates in phases. First, we wanted to ensure we had the land in place first so that donors could see this project was real, that it had the full backing of the city, the county, and the business community. Once we locked that in—late October, early November—we shifted our focus to fundraising in earnest.
The good news? The conversations we’re having now are promising. There’s strong interest from individuals and organizations that recognize what a Vanderbilt presence means for the future of this region. But there’s still work to be done.
For us, fundraising isn’t just about hitting a number—it’s about engaging a group of supporters who believe in what this campus can do. This isn’t just a Vanderbilt project; this is a community project. It’s an investment in talent, in economic growth, in innovation. The donors who step up now are going to be the ones who shape this legacy, who put their names on buildings, classrooms, and research centers that will impact generations of students and professionals.
Are there naming opportunities available for donors who want to leave a legacy?
Absolutely. Since this is a ground-up investment, there’s an extraordinary opportunity for donors to leave their mark in a meaningful way.
We’re talking about everything from major naming rights for the entire campus to named buildings, lecture halls, innovation spaces, and research centers. We’re at a stage where visionary donors can truly help define what this campus will become.
And what’s unique about this project is that it’s not just about putting a name on a structure—it’s about being part of a transformative moment for West Palm Beach and Palm Beach County. The donors who invest in this now aren’t just funding a building; they’re fueling the pipeline of future leaders, entrepreneurs, and industry experts who will shape the financial and tech sectors for decades to come.
CAMPUS EXPERIENCE & FUTURE GROWTH
What resources will be available for students in terms of housing, career services, and student life?
We’re designing this campus to be an extension of the Vanderbilt experience—one that reflects both our identity as a top-tier university and the dynamic energy of the region. That means creating a space where students have the resources, mentorship, and real-world connections they need to thrive.
For graduate students, housing is a key piece of the equation. While this won’t be a traditional undergraduate residential campus, we recognize that students—especially those in rigorous MBA and tech-driven programs—need living options that support their academic and professional goals. We’re in discussions with partners, and given our strong relationships with real estate developers we’re confident we’ll provide great options that will serve our community.
Will students collaborate with peers and faculty from the main campus in Nashville?
Absolutely. This isn’t a standalone venture—it’s part of a broader vision for Vanderbilt as a truly connected university.
We think of this expansion as creating a network of campuses, where students and faculty move seamlessly between locations, bringing knowledge, research, and professional opportunities with them. Just as our students in Nashville benefit from the deep-rooted industries there—whether it’s healthcare, music business, or advanced manufacturing—our students in West Palm Beach will have unparalleled access to the finance, tech, and innovation sectors.
Our philosophy has always been to grow with intention. Right now, our focus is on making the West Palm Beach campus world-class—ensuring that it becomes a leader in finance, AI, engineering and business innovation.
For undergraduates, this campus could provide an incredible opportunity to gain real-world exposure before they even graduate. Juniors and seniors who are passionate about finance, fintech, or AI could have the chance to spend a semester here, immersing themselves in internships and specialized coursework while staying fully connected to their Vanderbilt experience. Faculty collaboration will be just as integral. Professors from Nashville will engage with students in West Palm Beach through joint research initiatives and cross-campus projects that keep both locations tightly linked. We’re not just building a campus— we’re expanding the reach of Vanderbilt’s intellectual capital, making sure that what happens in West Palm Beach directly enriches the university as a whole.
On the career side, we’re designing a model where professional development is woven into the everyday experience. This isn’t about waiting until graduation to think about jobs—students will be networking, working on real-world projects, and engaging with top companies from day one. Internships, mentorships, and career coaching will be part of their routine, not just a last-step process.
And beyond academics, we want this campus to feel like a community. Whether it’s through student organizations, guest lectures, or collaborations with local leaders, we’re creating a space where students can build meaningful relationships— not just for their careers, but for life.
And beyond that, this is part of an even bigger strategic move. In parallel with this expansion, we’re developing a smaller campus in New York’s Chelsea district, focused on areas like media, digital businesses, finance, and policy. This is how Vanderbilt is positioning itself— not just as a university in one city, but as an institution that connects students with the most vital industries in multiple global hubs.
Do you envision further expansion in the Palm Beach region or elsewhere in Florida?
Our philosophy has always been to grow with intention. Right now, our focus is on making the West Palm Beach campus world-class— ensuring that it becomes a leader in finance, AI, engineering and business innovation.
But we’re always thinking about what’s next. If there’s an opportunity to expand in a way that aligns with our strengths and serves both the university and the region, we’ll explore it. One example? Florida’s booming space industry. Vanderbilt has significant expertise in satellite technology, AI-driven aerospace applications, and engineering research. And just an hour and a half north of here, you have the Space Coast—home to some of the most cutting-edge developments in aerospace and defense. It’s something we’ve had early conversations about, especially given that the CEO of Blue Origin is a Vanderbilt alum. If the right alignment exists, that could be a compelling area for future expansion.
That being said, for now, West Palm Beach is our priority. The location we have couldn’t be better—it places us right in the heart of the emerging financial district, surrounded by the firms and industry
leaders who will help shape this campus. If we ever explore additional locations, it would be to complement and build upon what we’re doing here, not to replace it.
What is the expected timeline for the campus launch?
The timeline is clear, and we’re moving forward with focus and momentum.
The next major milestone is fundraising— once we hit our $300 million goal, we’ll be able to fully execute our vision.
Construction itself is expected to take about two years, but we’re not waiting for the buildings to be completed to start bringing students into the ecosystem.
We’re looking at ways to phase in programming early—whether through partnerships that allow us to host courses
in existing spaces, or by securing temporary locations where students can begin engaging with the local economy while the physical campus is built. The goal is to ensure that Vanderbilt has an active presence here before the doors officially open.
And as we move forward, we’re doing it with a mindset of excellence over speed. We’re not rushing just to say we’ve launched—we’re committed to making this a world-class campus that lives up to Vanderbilt’s reputation and truly transforms West Palm Beach into a center of learning, innovation, and industry collaboration.
Please find more information on Vanderbilt University’s growth initiative online at https://www.vanderbilt.edu/ chancellor/initiatives-and-outreach/ growth/west-palm-beach/
SOUTH FLAGLER HOUSE, WEST PALM BEACH
A Waterfront Masterpiece by Related Ross and Robert A.M. Stern Architects
Palm Beach’s iconic skyline is about to welcome a breathtaking new addition: South Flagler House. Poised along the shimmering Intracoastal Waterway, this visionary development by Related Ross is not merely redefining luxury— it’s reimagining the entire fabric of coastal living in South Florida.
By Candice Beaumont
At the nexus of timeless design and modern grandeur, South Flagler House is the first residential building to break ground in Florida by the legendary Robert A.M. Stern Architects. Known for crafting some of the most coveted residences in Manhattan—15 Central Park West and 220 Central Park South among them—RAMSA brings its signature aesthetic of classic elegance and contextual architecture to West Palm Beach. The result: twin 28-story towers that rise like sculptures from the shoreline, seamlessly merging prewar New York sophistication with the luxurious vibrancy of Palm Beach Island.
“We wanted to create something that felt like it had always belonged here—something dignified, graceful, and enduring,” said Paul Whalen, Partner at RAMSA. “South Flagler House is inspired by the great apartment houses of the 1920s and ’30s, but it’s reinterpreted for today’s lifestyle and this spectacular waterfront setting.”
The building’s twin towers rise 28 stories, their silhouettes inspired by both Art Deco verticality and Mediterranean Revival richness—a nod to Palm Beach’s architectural
history. The façade is clad in hand-selected limestone and painted stucco, exuding a warmth and permanence rarely seen in contemporary towers. Deeply set windows, elegant cornices, and tiered setbacks create a rhythm and refinement that feel more akin to a landmark than a new development.
Inside, the level of detail continues. Interiors by Pembrooke & Ives balance modern luxury with subtle nods to classicism—think grand entry galleries, custom millwork, oversized French doors, and expansive great rooms that flow effortlessly onto deep private terraces. Many of the 103 residences offer floorplans exceeding 5,000 square feet, with ceiling heights soaring up to 13 feet and unobstructed views of the Atlantic Ocean, Palm Beach Island, and downtown West Palm Beach. Pricing for these ultra-luxury residences begins at approximately $6 million, with select penthouses and estate-style homes commanding $73 million. The building has already drawn interest from a global cohort of discerning buyers—many of whom view South Flagler House not just as a residence, but as a legacy asset. Sales
are being led by Suzanne Frisbie of The Corcoran Group, in collaboration with Corcoran Sunshine Marketing Group, ensuring a tailored approach to meet the needs of prospective buyers.
“This isn’t just about building homes— it’s about crafting legacy,” said Ken Himmel, President of Related Ross “South Flagler House is a once-in-a-generation opportunity to create an architectural landmark that reflects the sophistication and discretion of the Palm Beach lifestyle.”
With 50,000 square feet of curated amenities, the property feels more like a private club than a condominium. Residents can enjoy a full wellness suite with spa and treatment rooms, a 25-meter lap pool with cabanas, hot tub, a world-class fitness center, pickleball court and lounge, golf simulator, business center, a waterfront restaurant, private screening room, library, children’s play suite, and even a game lounge complete with vintage arcade machines. A dedicated concierge team and valet services ensure every detail is seamlessly handled.
The location itself is just as compelling. Positioned directly on the Intracoastal, residents are moments away from Worth Avenue, the Norton Museum of Art, the Ann Norton Sculpture Gardens, and Palm Beach’s finest dining and social clubs. Yet the site retains a quiet, residential charm— offering both privacy and proximity.
“Palm Beach has always drawn those who appreciate quality, beauty, and tradition,” said Stephen M. Ross, CEO and Chairman of Related Ross, Founder of Related Companies and Owner of the Miami Dolphins “South Flagler House is a tribute to those values. It’s a building that will stand the test of time— architecturally, culturally, and financially.”
With occupancy slated for 2027, South Flagler House is well on its way to becoming one of the most prestigious residential addresses in America. For ultra-highnet-worth buyers seeking permanence, prestige, and prime waterfront living, this is not simply a place to live—it is a place to belong. For more information on this timeless waterfront masterpiece please visit https://www.southflaglerhouse.com/
THE 2025 HOUSEHOLD STAFFING ENVIRONMENT
a Q&A with Hamptons Employment Agency’s President, Aleksandra Kardwell
Agency’s President, Aleksandra Kardwell
Continuing the trend of the past few years, the market for domestic professionals remains very competitive. To successfully navigate today’s landscape, knowing how to attract and keep good staff members is essential. Aleksandra Kardwell, founder and president of Hamptons Employment Agency, Inc., and author of How to Find, Hire, and Keep the Right Domestic Professionals: The Household Employer’s Guide to Hiring Great Employees Who Will Stay for Years, shares advice to help you meet your staffing needs.
Please tell us about the current market for household staffing.
The demand for domestic employees remains strong, and experienced professionals are securing well-paying jobs fast. In Palm Beach, The Hamptons, New York City, and similar areas, some household employers are finding it more challenging to quickly fill their open positions.
Fortunately, at Hamptons Employment Agency, we have a large database of candidates, and strong applicants register with us continuously, so we can help clients find the right people for their needs.
What has changed over the past year or two?
One area where there has been some relief is salary growth. While domestic professional wages increased significantly from 2021 to 2023, following overall inflation, we’ve seen some relief since
last year. Still, depending on the position and candidate profile, pay levels are up, perhaps, 5% - 10% from a year or two ago.
What suggestions would you give to household employers?
It’s always important for households to take care of their staff, but this is especially important now. If you have good staff, that’s great, and you want to stay in that position. To retain your team, treat your employees well, keep them happy, and compensate them appropriately. At a minimum, good
employees should get 3% annual cost of living raises this year, with larger raises for high performers. End-of-season and year-end bonuses are also important.
If you’re looking to hire a new employee, be ready to extend an offer quickly when you find someone you think will be a good fit. Workers with strong resumes are getting hired fast – many are receiving multiple job offers. And, again, be sure to offer market-competitive compensation. www.HamptonsEmployment.com
DOMESTIC STAFFING
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Cathie Wood at Bloomberg Invest:
“THE GOLDEN AGE”
OF STOCK PICKING
Is Coming Back
Impact Wealth Magazine was on the ground for Day One of the Bloomberg Invest Conference in New York City, where top investors and financial leaders gathered to navigate the current market turbulence and discuss long-term opportunities in innovation, AI, and macroeconomics.
By Angela Gorman
Photo: Mandel Ngan / AFP - Getty Images
Photographer: Michael Nagle/Bloomberg
Cathie Wood, Founder and CEO of ARK Investment Management, delivered one of the day’s most confident outlooks—predicting a resurgence of active stock picking and laying out a case for a new “golden age” for equity investors.
“The Reagan revolution — and I was there and it was so enjoyable — it was the heyday, the golden age of active equity management,” Wood said. “That’s coming back. I think it’s coming back big time. I think this will dwarf that, and that was pretty good.”
She argued that a return of Donald Trump to the White House would further accelerate pro-business momentum, thanks to lower taxes, deregulation, and government support for innovation. “Trump’s team all want us to be number one in innovation, and they want to get all the bottlenecks away,” Wood said during a live taping of Bloomberg’s Odd Lots podcast.
From Recession to Rebound
Wood described the U.S. economy as emerging from what she called a “three-year rolling recession,” and said equity markets are primed to take off as gains broaden beyond the dominant mega-cap tech stocks. The socalled Magnificent Seven gained an average of 67% in 2024, following a 107% surge in 2023—but Wood believes that performance will begin to expand into a wider universe of growth companies.
“Regulation has been a menace,” she said. But with the right policy environment, Wood sees conditions aligning for a major bull cycle.
Tesla: “Not Skipping a Beat”
A longtime Tesla bull, Wood reaffirmed her conviction in the company and CEO Elon Musk, whom she described as “the inventor of our age.” Despite a recent sales dip and pressure on shares, Wood attributed the softness in demand to short-term political and product cycle dynamics.
“The politics of what’s going on has hit sales, and we knew that was going to happen,” she said. “We knew Model Y was going to be completely refreshed and this should work out very well.”
She emphasized that demand for Tesla vehicles remains strong—particularly as the company prepares to introduce a lower-cost car in the first half of 2025.
“The lower-cost car that they are going to put out in the first half of this year will open up Tesla to a whole new market,” she said. “Tesla’s problem isn’t demand. There are people who have been waiting to buy a Tesla—they just couldn’t afford it.”
Wood stressed that the company’s leadership remains firmly focused. “The Tesla decision makers are really not skipping a beat,” she said.
Beyond EVs, Wood highlighted Tesla’s robotaxi ambitions as central to ARK’s thesis. She called it “the largest AI project in the world,” estimating the market opportunity at $8 trillion to $10 trillion over the next five to ten years. ARK projects that the company’s autonomous network could eventually generate gross margins in the 70–90% range.
“Anyone who has been viewing Tesla as an EV manufacturer will now have to realize that the gross margin of its autonomous network will be in the 70–90% range,” Wood said.
Healthcare and AI: The Next Wave
Wood also sees healthcare as the next major frontier for artificial intelligence, predicting it will usher in a second “golden age” for the sector. From drug discovery to diagnostics, she said AI has the potential to transform outcomes and drive efficiency.
Although some investors have expressed skepticism about AI’s near-term impact, Wood cited historical parallels. She pointed to the 1980s as a period where major productivity gains took time to register in official data but were transformative nonetheless.
“What’s sure is the rate of uptick,” she said, referring to the speed at which AI tools are being adopted.
Contrasting Views Across the Conference
While Wood projected strength ahead, others struck a more cautious tone. Soros Fund Management CIO Dawn Fitzpatrick warned that “consumer confidence is falling off a cliff,” adding that private market investors are experiencing a liquidity crunch. TCW CEO Katie Koch flagged “stress” in non-public asset classes, and Gary Cohn, former Trump economic advisor, criticized new tariffs as a “regressive revenue raiser.”
New York Fed President John Williams echoed concerns that tariffs could complicate the path forward on inflation, despite a strong labor market and moderating price pressures. Still, Wood’s position as a tech optimist— and active stock picker—offered a distinct voice in a room largely tempered by macro uncertainty. Listen to her full talk during the Bloomberg Invest Conference at www. ImpactWealth.com/BloomberInvestNY2025
World Leaders Gather to Determine the Future at FII PRIORITY MIAMI
By Candice Beaumont
The 3rd edition of the Future Investment Initiative, FII Priority Miami Summit kicked off with a powerful agenda, featuring an address by U.S. President Donald J. Trump, who called for investing with purpose to shape the future of the global economy. Hosted by the FII Institute, the summit once again confirmed its status as a premier global platform, bringing together world leaders, investors, and innovators to drive sustainable growth and economic transformation and investment outperformance. President Trump was a major attraction and the first US President to speak at the Summit. CEO's of leading companies, tech moguls, Governors of US States all were lining up for enhanced security screenings and later jockeying for the best seats or felt fortunate to be in the standing room only overflow area. Former Treasury Secretary Steve Mnuchin, Safra Catz, CEO of Oracle, Adam Neumann founder of WeWork, Barry Sternlicht, Chairman & CEO of Starwood
Capital Group, Eric Schmidt, the former Google CEO together with leaders from Saudi Arabia were all eager to hear President Trump speak. Elon Musk and Her Royal Highness Princess Reema Bandar Al-Saud, the Saudi Arabian Ambassador to the United States sat in the front row.
A Summit of Global Pioneers
Miami welcomed a select community of policymakers, investors, and industry disruptors, each with their own unique perspective on navigating today's economic uncertainties. Heavy hitters such as H.R.H. Princess Reema Bander Al Saud, Ambassador of the Kingdom of Saudi Arabia to the United States, and H.E. Khalid A. Al-Falih, Minister of Investment of Saudi Arabia, took the stage alongside H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF) and Chairman of the FII Institute. Business leaders
like
Son, Chairman & CEO of SoftBank Group Corp, and Serena Williams, Managing Partner at
Ventures, shared diverse views on investment strategies.
The lineup also included Robert S. Kapito, President & Co-Founder of BlackRock, Safra Catz, CEO of Oracle, and George Walker, Chairman & CEO of Neuberger Berman, who explored financial innovations and the future of economic trends. On the lineup as well were legendary figures such as Steven Cohen, CEO of Point72 and Owner of the New York Mets, and Dara Khosrowshahi, CEO of Uber Technologies, who discussed technological disruption and its implications on global markets. Ricardo Salinas Pliego, Founder & Chairman of Grupo Salinas, offered astute insights into investment dynamics in emerging markets. Led by these thought leaders, the discussion focused on how to harness investment to solve the world's most significant challenges, from geopolitical uncertainty to technological disruption.
Pioneering Themes and Transformative Discussions
This year's summit revolved around four imperative themes that will shape the future of investment and global economic stability. Leadership in a Changing World spoke about how governments and companies can balance economic dynamism and stability in an era of increasing geopolitical fragmentation. Participants also discussed the importance of Architecting Next-Gen Private-
Masayoshi
Serena
Public Synergies, pointing out how symbiotic collaboration between private enterprises and governments can propel sustainable and inclusive growth worldwide.
The rapid speed of artificial intelligence, biotechnology, and quantum computing took center stage in Tech Disruptors and the New Economic Frontier, with a focus on how these transformational technologies are reshaping industries and powering economic growth. Meanwhile, the dialogue in The Future of Global Capital considered shifting investment horizons, analyzing the impact of the boom in venture capital and private equity on traditional markets and wealth distribution.
Game-Changing Resolutions and Global Commitments
One of the largest highlights of the summit was the unveiling of a $500 million global fund to finance sustainable infrastructure projects in emerging nations. The fund, a collaboration between the FII Institute and several large investment firms, will be used to mobilize additional capital from the public and private sectors. In addition, a resolution was adopted to establish a task force on the ethical aspects of AI in investment decisions so that the development of technology is within the parameters of global ethical standards.
There was also a focused spotlight on environmental sustainability during the summit, with several sessions concentrating on green investments and innovations in renewable energy. Social impact investments also took center stage, underlining the need to finance initiatives promoting education, healthcare, and social equity. Under this agenda, the "Transforming Healthcare for a Healthy Humanity" Impact Report was unveiled, underlining strategic developments and investment opportunities in the healthcare sector.
The Future of Work and AI’s Transformative Potential
A key highlight of the summit was the launch of The Global Future of Work Report, Series 2, which addressed the transformative impact of generative AI on workforce development. The report tackled skill mismatches and productivity stagnation, advocating for
strategic investments in education and technology to create an equitable workforce and ensure that technology serves all of humanity.
Voices of Influence: Key Takeaways from Thought Leaders
President Donald Trump underscored the importance of smart investments that yield economic growth and impact, urging global leaders to push boundaries, innovate, and transform industries for long-term success. H.R.H. Princess Reema Bandar Al Saud called for gender equality in investment, stating, "Empowering women in the investment sector is not a moral imperative but an economic one. We must make our strategies inclusive and equitable." Similarly, Masayoshi Son highlighted the revolutionary potential of AI, stating, "Artificial intelligence is not a tool but the foundation of the next industrial revolution. Those that harness its potential will shape the future."
Going forward, the FII Institute announced it would host a round of regional summits in Asia, Africa, and Europe, each addressing localized investment challenges and opportunities. The next global summit will take place in November 2025 in Riyadh, themed "Innovating for a Sustainable Future."
The Call to Action: Investing with a Purpose-Driven Vision
In his closing remarks at the summit, Richard Attias, Chairman of the FII Institute Executive Committee, had this forceful message: "It's our conviction at FII Institute that purposeful investment can frame a successful and sustainable future. We're honored to be aligned with industry pioneers who share our mission through their commitment to innovation and responsible investing."
The FII Priority Summit in Miami was more than a conference, it was a call to action. Investors, policymakers, and entrepreneurs are left with a renewed commitment to purposedriven strategies. As the world faces economic and environmental challenges, those investing in long-term value creation will be the ultimate architects of a resilient, prosperous future.
Mapping the Path Forward: Expanding the Global Investment Agenda
FRIENDS OF POLAND Summit at
Relations
By Angela Gorman
The prestigious Friends of Poland Summit, hosted at the historic Teahouse of Mar-aLago, brought together leading political figures, business executives, and cultural ambassadors to celebrate and reinforce the strong diplomatic, economic, and historical ties between Poland and the United States. The event served as a dynamic platform for discussions on Poland’s global influence, NATO’s strategic strength, and economic opportunities between the two nations.
The summit, orchestrated by Polish American entrepreneur Piotr Nowocien, featured an esteemed lineup of speakers, including Lady Blanka Rosenstiel, Congressman Nick Lalota, Congressman Carlos Gimenez, Congresswoman Maria Salazar, and international affairs expert Harley Lippman. Each speaker provided unique insights into the shared values and ambitions of Poland and the United States.
Lady Blanka Rosenstiel, a champion of Polish heritage and diplomacy, spoke on the essential work of the Polish American Institute, an organization she founded to preserve and promote Polish culture while strengthening international partnerships. Congressman Nick Lalota highlighted the strength and resilience of the Polish-American community in New York, acknowledging their significant contributions to industry, commerce, and civic engagement. He also emphasized Poland’s crucial role within NATO, reinforcing the alliance’s collective security efforts and the country’s growing influence in European stability.
Renowned historian and business leader Harley Lippman, a Fulbright Fellow who studied in Poland and Executive Producer of the award-winning documentary Safeguarding Memory, provided a compelling historical perspective on Poland’s resilience, economic evolution, and global leadership. He underscored the importance of preserving Poland’s historical narrative and ensuring its contributions to world history remain widely recognized. Congresswoman Maria Salazar spoke about South Florida’s strategic significance as an international business hub, emphasizing its pro-business environment, access to a highly skilled workforce, and favorable economic policies that attract foreign investments, particularly from Poland. She pointed to the importance of U.S.-Poland trade relationships in fostering growth and innovation across industries.
Congressman Carlos Gimenez, former Mayor of Miami-Dade County and a Cuban immigrant, offered a unique perspective on
the region’s role in international commerce. He detailed how Miami’s favorable tax policies and diverse economy have positioned the city as a top destination for foreign investors, particularly from Europe and Latin America. His insights reinforced the city’s ability to serve as a gateway for Polish entrepreneurs and businesses looking to establish a presence in the U.S.
Among the notable attendees were Impact Wealth Magazine publishers Adam Weiss and Angela Gorman, alongside Editorin-Chief Hillary Latos. Their presence highlights the magazine’s commitment to covering influential global summits and highlighting international economic and diplomatic collaborations. Other attendees
Author
The Friends of Poland Summit successfully reinforced the historical, cultural, and economic alliance between the U.S. and Poland. Discussions at the event highlighted the shared values of freedom, entrepreneurship, and transatlantic security while showcasing Poland’s increasing impact on the world stage. As global challenges continue to evolve, the strong and enduring partnership between these two nations remains vital for economic prosperity and geopolitical stability.
include International Entrepreneur Philippe Ghanem, Former Senator John Loudon, and
Dr. Nicholas Perricone.
The "Three Amigos" Rally for Prostate Cancer Research at the PCF PALM BEACH GALA DINNER 2025
By Candice Beaumont
Palm Beach recently played host to an extraordinary evening where laughter, generosity, and purpose came together for a cause that touches millions. The Prostate Cancer Foundation (PCF) held its annual Pro-Am Tennis Tour event, wrapping up a weekend of philanthropy with a dazzling gala dinner at the stunning home of Michele Kang.
A Night to Remember
The highlight of the evening? A special performance by comedic legends Steve Martin and Martin Short. Their signature banter and quick wit had the audience in stitches, proving that laughter really is the best medicine—at least for the soul. But beyond the entertainment, the night carried a deeper message: the urgent need to accelerate lifesaving treatments for prostate cancer patients.
Guests included an impressive mix of philanthropists, business leaders, and cultural icons. Among those in attendance were Mike Milken, Gina Carithers, John Paulson, Howard Cox, Larry and Ginger Feuer Leeds, Kneeland Youngblood, Serena Williams, Tony Robbins, Dr. Mehmet Oz, Tommy and Dee Hilfiger, Steve and Andrea Wynn, Charlie and Ann Johnson, Jeff Skoll, Steve and Lisa Tananbaum, Josh Friedman, Rob and Cindy Citrone, Jim Coleman, Dean and Marianne Metropoulos, and Joe and Michelle Jacobs.
The gala also featured intimate salonstyle discussions, reminiscent of the Milken Institute’s Global Conference, but in an atmosphere that felt more like an elegant gathering among friends. Attendees had the opportunity to engage in meaningful conversations about the future of cancer research, all while enjoying the luxurious setting of Palm Beach.
The Fight Against Prostate Cancer
PCF has been at the forefront of prostate cancer research since its founding in 1993 by Mike Milken. The foundation has helped pioneer groundbreaking advancements, including:
Investing in the Future: PCF has provided over $82 million in funding to 410 young scientists across 16 countries, supporting research that has led to 15 FDA-approved treatments. Their efforts have even contributed to four Nobel Prizes in Medicine.
Pushing the Boundaries of Science: By exploring immunotherapy, the microbiome, and nutrition science, PCF-funded research has not only revolutionized prostate cancer treatment but has also had a ripple effect, impacting more than 70 other types of cancer.
Tennis, Competition, and a Cause
The 2025 PCF Pro-Am Tennis Tournament combined former and current professional tennis players with amateurs and donors where players and spectators enjoyed a weekend of high-energy matches.
A Legacy of Hope
This event was more than just an evening of glamour—it was a testament to what can be achieved when people come together with a shared purpose. Every dollar raised goes toward PCF’s life-saving research, ensuring that more men can survive and thrive after a prostate cancer diagnosis.
Since its inception, PCF has invested nearly $800 million into research at 220 leading cancer centers across 22 countries. Their work has helped reduce the prostate cancer death rate by 52%, saving the lives of 1.5 million men. And with each gala, each discussion, and each match played on the court, that number will only continue to grow.
For more information on PCF’s initiatives and how you can get involved, visit www.pcf.org
Photos by BFA / Diana Zapata
Impact Wealth Hosts
ANNUAL ART BASEL MIAMI COVER PARTY
Honoring Deepak Chopra
By Hillary Latos
Impact Wealth celebrated its muchanticipated Annual Art Basel Miami Cover Party on December 4, 2024, in partnership with the 1640 Society and Family Office Association. Set against the stunning backdrop of a private villa on Miami Beach, the evening served as a glamorous toast to the magazine’s latest cover star, Deepak Chopra, a luminary in wellness and mindfulness.
The festivities followed an exclusive afternoon forum hosted by the Family Office Association, led by its visionary. The forum offered intimate, thought-provoking discussions for attendees, setting a sophisticated tone for the evening’s celebration.
Guests were treated to delectable appetizers provided by Pierogi One, perfectly complemented by premium libations from Naked Diablo Tequila, Deluxe Vodka, Biatch Tequila, and Sip Channe rosé. The evening’s elegant atmosphere was further enhanced thanks to the support of sponsors Revolution Marine Group and McQ Cars, whose presence added an extra layer of luxury to the event.
The Annual Art Basel Miami Cover Party continues to be a marquee event in Impact Wealth’s calendar, bringing together an elite crowd of tastemakers, thought leaders, and innovators. It was truly a night to remember, celebrating art, culture, and the visionary work of Deepak Chopra.
Photos by Daniel Arribillaga
The Who’s Who of WEALTH, POWER AND INFLUENCE
1640 Society Family Office Forum Dominates the Hamptons
By Hillary Latos
The Who’s Who of wealth, power, and influence gathered in the Hamptons as the 1640 Society hosted its exclusive, inviteonly annual meeting. This high-profile event brought together a powerful mix of billionaire families, global leaders, and influential family offices from around the world, to a private home in Southampton at the end of August offering the top 1% an exclusive opportunity to engage in intimate, closed-door discussions on the most pressing issues shaping the future. Key topics at this year’s Forum included impact investing, wealth preservation, philanthropy, asset allocation, cybersecurity, blockchain, and tech investing, alongside deeper conversations on family harmony, values, and legacy building. Attendees traveled from every corner of the globe—Asia, Saudi Arabia, Bahrain, UAE, Latin America, and even left their yachts in Europe to be part of this unparalleled event. While the Hamptons gathering marks the pinnacle of the Society’s meetings, another exclusive session takes place earlier in the year in Palm Beach, making the 1640 Society's events the epitome of high-net-worth networking and influence.
The audience consisted of some of the leading families from across the globe including Royal family members from Europe and the Middle East, owners & CEO’s of some of the largest companies in the
world, self made tech billionaires, next-gen legacy family members, heirs as well as the Chief Investment Officers who make key financial decisions for the families. Security was tight throughout the conference, with checkpoints at every entrance to the residence and anonymous security guards protecting some of the families attending.
Private discussions at the Forum were fascinating ranging from conversations on purchasing private islands, getaway
homes in New Zealand & Switzerland, family kidnappings, multimillion ransoms, security protocols, family governance, co-investing with other families in philanthropy that can change the world and make it better to families who compared notes on the latest professional football, hockey or soccer team they acquired. The official panel discussions were just as interesting as the unofficial chats. The 1640 Society is known for bringing influential families with synergies together to form unique bonds that can last
a lifetime. The 48th Vice President of the United States Michael Pence had a fireside chat with business tycoon and philanthropist Ambassador Gordon Sondland, former Ambassador to the European Union that captivated guests, delving into pressing geopolitical issues with depth and insight. Following his presentation, Vice President Pence spent several hours in one-on-one discussions with some of the most influential families in attendance, offering personalized insights and fostering strategic conversations that left a lasting impact. During the Forum, a young entrepreneur, with multiple successful exits under his belt, shared his new mission to tackle society's challenges. Now partnering with his father on a biotech company aimed at addressing the opioid crisis, he spoke passionately about their work. Later in the day, billionaire Jackie Siegel moved the audience with a deeply personal story of losing her daughter to an opioid overdose, revealing how this tragedy propelled her family into action to help others and make a difference.
Anthony Scaramucci spoke alongside several billionaires from Europe and the Mid East with thought-provoking discussions on the future of international business and investment strategies. Attorney General of Florida, Ashley Moody, highlighted the critical need to combat human trafficking, while Tim Tebow’s CEO shared insights on the power of impactful capital and investment strategies designed to drive positive change and improve the world. Next-generation family leaders, including the Bronfmans, the Peich family, a European family who founded and own Porsche, and one of Argentina’s leading billionaires, shared their insights on carving out their own paths while leveraging their prestigious family legacies. The day ended the day with a conversation on transforming pain to purpose with inspirational Shaquem Griffin, former NFL linebacker for the Seattle Seahawks & Miami Dolphins who was the first one handed player drafted in the NFL, legendary sports agent David Falk and a billionaire family who transformed adversity to success.
Some of the most influential families in the Hamptons attended and many high net worth families who applied could not get admitted. Thousands applied to attend the Forum which the Committee runs like a country club with a rigorous approval process and takes applications with only 200 families approved to join the Forum annually. Families who got past the ultimate velvet rope include some of the leading names in America including the Pitcairns, Kennedy’s, Bush, Firestone’s, Ford’s, Rockefeller’s, Bronfman’s, Kettering, Getty’s, Kluge, Pritzker’s, Johnson’s, Heinz, Hunt’s, tech entrepreneurs such as Musk who co-founded Paypal, along with international magnates including the Mittal family from India & Pears families from Europe. Westhampton airport had over 40 private jets fly in just for the exclusive and highly anticipated Forum. The next Forum is in Palm Beach on Monday April 8th Details on www.1640society.com if you are fortunate enough to secure an invitation.
PLACE OF HOPE Shines in Palm Beach with Two Unforgettable Philanthropic Events
By Hillary Latos
In early 2025, Place of Hope captivated the Palm Beach community with two powerful events dedicated to uplifting vulnerable children and families. The highly anticipated Runway of Hope, held at the iconic Royal Poinciana Plaza, blended fashion and fundraising in a vibrant afternoon that raised hundreds of thousands of dollars and featured spirited runway walks by local leaders.
Just weeks later, the 19th annual Hope Bash brought supporters together at Trump National Jupiter for an elegant evening of giving with an international theme exemplifying the Passport of Hope. Together, these events showcased the community’s unwavering commitment to Place of Hope’s mission of healing, restoration, and opportunity for those overcoming abuse, neglect, and homelessness. Sponsored by Lexus, Chaired by: Marla Paxson, Nicole Paxson, Dr. Arghavan Welch.
