From Back Office to a £1.45bn fortune.
For all those Back Office Guys busting a gut to get into the Front Office.... You should instead direct that energy and effort into doing something like this.
For all those Back Office Guys busting a gut to get into the Front Office.... You should instead direct that energy and effort into doing something like this.
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"Desmond purchased London City Airport from Mowlem for £23.5m in 1995.[citation needed] The investment was considered a large risk as London's Docklands was in recession and the neighbouring Canary Wharf development was in receivership. The airport has since become one of the more profitable in the United Kingdom. Desmond sold London City Airport in October 2006 for a reported £750 million to a consortium consisting of insurer AIG, GE Capital and Credit Suisse.4"
That.
Very interesting exit opp from back office. If one is working in a back office position, at what point does it make sense to start contacting headhunters for an exit opportunity such as this one?
Yeah, he owns Sandy Lane, where Tiger Woods got married. I stayed at the Almond Resort next door back in 2005, and I can tell you that Sandy Lane is phenomenal.
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