J. Christopher Flowers

James Christopher Flowers , known as J. Christopher Flowers , (born October 27, 1957 ) is an American investment banker and billionaire. He is the founder and owner of JC Flowers & Company .

Life

Flowers was born the son of a librarian and an administrative director at Harvard Business School . After completing his studies in applied mathematics at Harvard Business School, he started a lightning career at the age of 21 at the investment bank Goldman Sachs . At 28, he became a department head in advising on takeovers in the financial industry. In 1988, at 31, he became the youngest partner in the history of the investment bank. In 1998 he left Goldman Sachs and started his own private equity entrepreneur. Flowers is married and has two children. His wife Mary White worked for a long time as a doctor at the Sloan Kettering Cancer Institute .

The family lives in the Upper East Side of Manhattan .

Holdings

• Together with the US Ripplewood Investments , he bought around 30% of the shares in Long Term Credit Bank of Japan, renamed Shinsei Bank
• NIBC Bank (private Dutch bank)
• Wüba ( German broker insurer)
• Fox-Pitt ( British investment bank)
• As head of a private investor group, he bought 26% of HSH Nordbank from WestLB in 2006 for EUR 1.25 billion
• Since June 2008 with 24.9 percent in Hypo Real Estate (purchase price: 1.1 billion euros)

Others

With an estimated fortune of around US $ 2 billion, he was ranked 605 on Forbes' list of the richest people in 2008 . In 2003, Flowers and his wife donated a professorship to Harvard University , named after Flowers' parents; The chair is held by the chemist George Whitesides . In 2006, the Flowers couple were among the donors who founded the $ 50 million Professorship Challenge Fund , which will support additional endowed chairs for Harvard.

Web links

• Christopher F.'s clever trick - private investors like HRE shareholder J. Christopher Flowers want to buy into the US banking system on a large scale. They are still being held back by the government . In: Süddeutsche Zeitung . May 17, 2010 ( sueddeutsche.de ).
• Hendrik Varnholt: Nobody else has lost as much as he has. The investment is a fiasco: Less than a year ago, J. Christopher Flowers bought around 50 million shares in Hypo Real Estate for EUR 22.50 each. Each of the papers was worth just 1.33 euros yesterday . In: Kölnische Rundschau . February 9, 2009 ( rundschau-online.de ).
• Hans G. Nagl: JC Flowers experiences disasters with HRE and HSH. For years, the successful financial investor J. Christopher Flowers has relied exclusively on banks and earned huge sums of money. But with the financial crisis, the risky industry focus has turned into the opposite. Flowers put everything on one card - and lost a lot. In: Handelsblatt . February 9, 2009 ( handelsblatt.com ).
• FTD August 30, 2006: Christopher Flowers: On the Raid. ( Memento from June 28, 2013 in the web archive archive.today ) (portrait)

Individual evidence

1. ↑ Net Worth HQ: J. Christopher Flowers Profile at citylife.com, accessed May 3, 2009.
2. ↑ ^{a b} Nina Luttmer: Portrait: Christopher Flowers - beaten billionaire. ( Memento from February 11, 2013 in the web archive archive.today ) In: Financial Times Deutschland . September 30, 2008.
3. ↑ ^{a b} World’s Billionaires. # 799 J Christopher Flowers. In: Forbes Magazine . August 3, 2007, (English: forbes.com ).
4. ↑ Tim Bartz: Head of the Day. Christopher Flowers: On the raid. ( Memento from February 27, 2009 in the Internet Archive ) In: Financial Times Deutschland. August 31, 2006.
5. ^ Katherine Clarke: J. Christopher Flowers lists UES co-op for $ 18M. Private equity giant recently purchased 640 Park Avenue home . February 1, 2013 ( therealdeal.com ).
6. ↑ Arne Gottschalck, Christoph Rottwilm: Christopher Flowers: The silent American. In: manager magazin , April 16, 2008 ( manager-magazin.de ).
7. ↑ Johannes Ritter: Banking crisis: HSH Nordbank needs a billion-dollar injection. In: Frankfurter Allgemeine Zeitung . , FAZ , February 11, 2009 ( faz.net ).
8. ↑ news.harvard.edu ( Memento of the original from July 4, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.