December 19, 2014

Florida Newsmakers of the Year

Business - Florida Newsmakers of the Year

Mike Vogel | 1/1/2011

• WILBUR ROSS JR.
Private equity investor - Palm Beach

Wilbur Ross Jr.
[Photo: Peter Yang/AUGUST]
Investing in Florida

Wilbur L. Ross Jr. made his name with turnarounds in steel, coal and auto parts. In 2010, he upped his stake in Florida. Ross in 2009 joined with John Kanas and other private equity investors to buy the parent of failed BankUnited, the largest Florida-based bank at the time, and put $900 million into it. Kanas became CEO. BankUnited is now set to go public. Last year, Ross became a minority owner of Ponte Vedra-based Capital Markets Cooperative, a secondary mortgage market player. He holds warrants that would enable him to become a majority holder. He participated in the Starwood syndicate that bought $4.7 billion in commercial mortgages from the FDIC, "mostly condo loans with a heavy concentration in Miami, Hollywood, Fort Lauderdale and Jupiter," Ross says.


Business
Mark Wilson
Wilbur Ross Jr.
Lola Gonzalez
John Textor
Robert Clements
Thomas Gaffney
Hugh Green
R.J. Scaringe
Foreclosure Fighters
Julian MacQueen

Politics
Mel Martinez & The Dominoes

Military
Florida's Fallen Soldiers

Education
Frank Brogan
Maryellen Elia

Science/Innovation
Win Phillips & David Day
Ian MacDonald & William Hogarth

Environment
Extreme Temperatures

CRITTERS
Mystery Monkey

Sports
Tampa Bay Rays' Top Brass
Pat Riley

Volunteer/Non-Profit
Barth Green

Arts/Entertainment
New World Symphony
Pitbull
Pamela Tuscany

Dubious Achievers
Scott Rothstein
David Brooks

Jim Greer
Wayne McLeod
Lewis Freeman
Pawl Hawks
Lee Farkas

Tags: Business Services

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Benefits management trends in Florida
Benefits management trends in Florida

David Faulkenberry, president, FBMC Benefits Management, explains what benefits most employers want to offer staff and what impact the ACA has had on public sector clients so far.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How do you feel about the historic decision to remodel US-Cuba relations?

  • Well, it's about time!
  • I'm cautiously optimistic...
  • I'm skeptical about this at best...
  • Not in favor at all: Keep the embargo strong!

See Results

Ballot Box
Subscribe