Roberto Santiago is a Brazilian businessman and real estate developer. One of his most famous projects is the Manaira Shopping mall in João Pessoa, Brazil. Mr. Santiago recently discussed the state of shopping malls and retail in Brazil on Exame Abril, which is a Brazilian publication. A summary of his observations and points is provided below.
Mr. Roberto Santiago reports that shopping centers grew at a rate of 6.5% in 2015 in Brazil. This is astounding when you consider that the country is in an economic and political crisis. Profits for this sector were around $150 billion dollars according to the Brazilian Association of Shopping Centers. The Manaira Shopping mall in the state of Paraíba continues to be developed despite the ongoing economic crisis in Brazil. Mr. Santiago is the owner of The Manaira Shopping mall.
Roberto Santiago reports that the numbers from the Brazilian Association of Shopping Centers is good news for the shopping center. It proves that there is an avenue for continued growth and development. The figures also suggest that the public continues to go to and spend money at shopping malls like the Manaira Shopping in Paraiba state. Mr. Santiago reports that Brazil has over 538 major shopping destinations. There are also 30 new ones being built across the country.
The Brazilian Association of Shopping Centers and Urban Studies Group study also show how resilient malls are to fluctuations in the Brazilian economy. This sector employs over a million people. 54,000 jobs were also filled in 2015. This shows that the shopping sector provides employment to a significant number of people even in a downturn in the economy.
Roberto Santiago says that the region with the most shopping malls is the southeast followed by the northeast. Santiago says that his shopping destination in Paraíba continues to draw people by constantly reinventing itself. It builds and adds upon not only the retail sector but also on the leisure and promenade side of the shopping mall. While leisure areas and promenades may not directly generate revenue they do attract people who will later shop and buy goods at the mall.
Mr. Santiago’s Manaira Shopping mall is the biggest in terms of size in Paraíba with well over 800,000 square feet of mixed use space. It includes a gymnasium, concert hall and even a college. The shopping mall’s manager, Rafaella Barros, says that malls must constantly reinvent themselves to stay relevant and be on the rise. Otherwise, they risk losing out to more innovative malls and shopping areas.
Roberto Santiago also points out the relatively strong confidence of shopping mall managers and entrepreneurs. He says that about 40% of the managers and entrepreneurs believe they will see an increase to their business of about 5%. More than half also say that they believe their business will not be impacted by the economic downturn in Brazil.
An increase in the consumption intent is another positive factor for shopping mall owners and store managers there.
Tony Petrello happens to be the most famous CEO Nabors Industry has ever had. He is the person who took over the leadership of the company when things were not ok. He exercised his leadership skills accompanied by his analytical and law expertise until Nabors regained its glory. Tony joined Nabors Industry in the year 1991 and began serving as the company’s Chief Operating Officer. He was lucky he used to attend company’s board meetings of the World’s leading oil and gas driller.
Tony Petrello did not take long and he was selected or rather promoted to the rank of a President in the year 1992. He achieved greatly in the two positions he was given. His success was evident in every stage. He helped in the purchasing of a firm by name Grace Drilling in the year 1993 which cost the company $32 million. On October 2011, he became the Nabor’s Chief Executive Officer. His star continued to shine and in June 2012, he became the board chairman as well as executive committee’s board chairman. He has made the company remain the industry giant and still moving stronger. He is a master when creating strategic visions of the company.
Tony Petrello did not just start as a CEO, he worked for his success without giving up. The man Tony is a great mathematician and also a lawyer. He did not have the privilege to attend prestigious schools like many people may think. He went to public schools both primary and high schools that are located in New Jersey. He was famous because of his skills and expertise in mathematics subject. He was a genius and was able to solve anything that came along his way as far as it was a mathsquestion. People at his home town had discovered his ability. He was later awarded a scholarship to the famous University of Yale. He studied bachelors in mathematics under the mentorship of a great professor who also happened to be a mathematician and a lawyer. He did masters degree from the same University.
Tony Petrello after graduating surprised his Yale professors and mentors when he decided to join Havard School of Law. He did it with a passion but people thought that he was joking. He successfully completed his degree and was employed by America’s major law firm known as Baker & McKenzie. He worked until he was promoted to the rank of the managing partner. In the process, he happened to represent Nabors Industries and that is when they discovered his skills.
Tony Petrello Social Media: twitter.com/tony_petrello
George Soros is well known for his acts of giving and supporting the community as a whole. However, in the recent past, the renowned philanthropist has been involved in politics in one way or another. In 2004, the billionaire investor donated a huge sum of money to support the democratic politics. Reliable sources indicated that Soros gave about $27 million to fund the Democratic campaigns.However, George’s support for the democratic politics did not end with the 2004 elections. In the previous US’s elections, George’s influence was profoundly felt. The prominent investor fully backed Hillary Clinton and her campaigns. On the first phase, Soros gave more than $25 million to cater for Clinton’s campaigns and party meetings. Close sources say that Soros went ahead to donate an addition to the $25 million.
During that period, Soros, a renowned trader had invested more than $24.9 billion on the risky currency trades as the Election Day neared. Both Hillary and Soros share more than 25 years of friendship and Soros had promised to attend Clinton’s nomination as the party’s presidential candidate. However, based on the dynamic state of European economic situation, Soros had decided to cancel his trip.In the recent past, Soros has actively played a role in the US elections. As professionals would say, in the past election, Soros was driven by a strong faith in Clinton and believe that she is the only candidate suitable to hold the US leadership.
About George Soros
Globally, George Soros is a renowned and successful investor. Soros was ranked by Forbes among the top richest investors in the world with a Net Worth of about $25.2 billion. Soros past is filled with challenge, but all that did not hinder him from becoming the man he is today. The 85-year’s old investor was born and raised in Hungary. However, while growing up, Soros and his family fled the country and Soros went to the London School of Economics.At a very tender age, Soros had a character of working smart, an exceptional character that he holds till date. While schooling, Soros worked as a railway porter and waiter to raise his cash.
Later, Soros moved to New York and started serving at Wall Street. In 1969, Soros launched his hedge fund which was later rebranded to Quantum Fund. George Soros works in close cooperation with Dawn Fitzpatrick, who acts as a CIO in the daily management of the Soros Fund Management. Dawn joined the firm a few months ago and had a working experience with Soros. Before, Dawn used to work at the Wall Street and hence the fact that Soros brought her means that she is more than talented in what she does.