Former Commerce Secretary Wilbur Ross, known as the “King of Bankruptcy” throughout his 55-year career on Wall Street, had aspirations of becoming a writer during his college years. Despite his initial interest in fiction and poetry, Ross eventually found his calling in the world of finance. His upcoming book, “Risks and Returns: Creating Success in Business and Life,” offers insights into his journey to success in the business world.
At Harvard Business School, Ross studied under the guidance of Georges Doriot, a renowned instructor known for his chic style and bold teachings. Doriot’s advice to his students, including Ross, emphasized the importance of dressing for success. This early influence shaped Ross’s perception of how one’s appearance can impact their professional endeavors and aspirations.
During his time living at the Dakota, a historic address on the Upper West Side of Manhattan, Ross had the opportunity to interact with legendary figures such as John Lennon, Leonard Bernstein, and Rudolf Nureyev. He fondly recalls the sense of community at the Dakota, including neighborhood events where residents would share their favorite foods. Despite the tragedy of Lennon’s assassination, Ross remembers him and Yoko Ono as kind and unassuming neighbors who participated in community activities.
Ross’s path intersected with another New York City icon, Donald Trump, during a bankruptcy proceeding involving the Taj Mahal casino. Initially adversaries in this legal matter, Ross and fellow businessman Carl Icahn found themselves supporting Trump’s presidential campaign years later. Ross’s involvement in Trump’s campaign and subsequent role in the administration highlight the evolution of their relationship from courtroom opponents to political allies.
Upon joining the Trump administration as Commerce Secretary, Ross faced challenging tasks such as overseeing the United States Census. His experience as a census taker during his time at Harvard Business School provided valuable insights into the complexities of managing such a large-scale operation. Despite facing controversies, including the reinstatement of a citizenship question in the census, Ross navigated the responsibilities of his role with a focus on efficiency and accuracy.
Ross’s upcoming book has garnered praise from notable figures in the business and media industries, showcasing the respect he has earned throughout his career. Endorsements from CEOs, philanthropists, and media personalities underscore Ross’s impact on the business world and his ability to navigate complex challenges with poise and determination.
Wilbur Ross’s journey from aspiring writer to prominent businessman and public servant offers valuable insights into the intersections of success, community engagement, and leadership. His experiences provide a testament to the importance of adaptability, perseverance, and a willingness to embrace new opportunities in order to achieve one’s goals.
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