When it comes to Brazilian or Latin American tourism, Guilherme Paulus is a key figure who helped the industry become what it is today. Paulus is the co-founder of CVC Brasil Operadora, the largest tourism operator that Latin America has to offer. Starting out as a small business, CVC turned into an internationally recognized enterprise, bringing in $5.2 billion in annual revenue, a figure which is continuing to increase.
Prior to founding CVC, Guilherme Paulus worked as an intern for IBM and later on at Casa Faro. The idea for CVC came from Carlos Vicente Cerchiari, who took Paulus as his business partner when he was only 24 years old, in 1972. Cerchiari retired from the project only 4 years in, leaving Paulus at the helm of the company. In 2009, after 37 years of operating, Guilherme Paulus sold most of the business to Carlyle Group for the price of approximately $750 million. However, he still owns a portion of the company, and is still invested in its current operations, continuing to help it grow and expand. He is currently focused on creating new CVC stores around the country of Brazil, the plan is to establish 100 new stores every year, and reach a total of 2000 stores by the year 2020. The stores are also opened in less populated area, which have less than 50,000 residents, in order to attract a different type of clientele.
Despite being involved in the company’s operations, CVC is not the only business to which Guilherme Paulus dedicates his time. In 2006 he bought Webjet, a small airline which operate a single airplane. He sold the company in 2011, after he managed to turn it into Brazil’s third largest airline. In addition, he founded GJP Hotels & Resorts in 2005. The small venture turned into a large hotel chain which features 14 hotels and resorts. As a result of his work on GJP, he was elected Entrepreneur of the Year in 2017, as he spent $600 million of his money to build new hotels throughout the country – a venture which created approximately 1,900 job opportunities.
A new oil discovery off the shores of Mexico in the Gulf of Mexico made by Talos Energy Inc. took a significant step forward recently when the Hydrocarbon Commission approved the appraisal plan for the well.
The well, known as ZAMA-1, was sunk in 2017 off the coast of Tabasco as part of a partnership operation between Talos Energy, Britain’s Premier Oil and the Latin American firm, Sierra Oil & Gas. The ZAMA operation was the first well drilled by non-Mexican private companies in the more than 80 years since Mexico nationalized petroleum industry.
Talos Energy will control a 35% stake in the well. Estimates are that the site may hold as much as two billion barrels of oil. Talos Energy is based in Houston and recently merged with Stone Energy Corporation. It also recently dried the ink on a deal for the acquisition of Whistler Energy II. Both moves have bolstered the cash base and infrastructure of Talos, positioning the company for robust growth and a solid operating foundation in coming years.
Talos Energy is helmed by Chief Executive Officer Tim Duncan. He called the approval of the appraisal plan for ZAMA “a significant milestone.” He made his comments following the completion of a pre-utilization agreement with Pemex. Duncan also said the agreement will help move actions forward more rapidly so that a second well and eventual extraction of oil from the site can began in earnest. Production of oil should began in 2022. Actual drilling is likely to commence by the end of 2018.
All this is welcome news for Mexico and it stagnant oil exploration industry. The fact that Mexico has finally allowed foreign partners to develop oil resources within its sovereign sphere shows that the country is eager to modernize and jumpstart the jobs, taxes and wealth that can be gained from exploiting its vast natural resources.
The appraisal plan for ZAMA sports a gross budget of $325 million with $75 million for contingent operations. Talos Energy was founded in 2012 and operates in the Gulf of Mexico region. Along with CEO Tim Duncan, Michael Harding serves as CFO and Stephen Heitzman is COO.
Brazil is the largest South American nation and one of the largest nations in the world. With over a hundred million people, it’s also home to a thriving marketplace. Igor Cornelsen is one native who loves his home country and wants others to feel the same way. Born in Curitiba, Igor Cornelsen quickly began to discover where his talents lay. He decided that becoming an engineer was the right goal for his life. To that end, he enrolled in the Federal University of Parana. While engineering initially attracted his interest, he ultimately decided that it would be a better idea to study economics. This major suited him. He earned a degree in the subject in 1970. After completing his educational, he went to work in a regional Brazilian bank. Those with engineering training were much sought after at the time as they knew how to do certain math operations by hand before computers were in wide use.
Since his days as a student, he was well aware of the possibilities that the Brazilian markets had to offer potential capital investors. He was the opportunity to be in the right place at the right time. Over the following years, Cornelsen has seen as his home country has grown as a nation and become a force to reckon with both locally and the wider world of investment and global capital. Many people began to turn to him for advice about the local markets. In turn, he offered the kind of help they needed to be able to make sense of the Brazilian investment markets. He carved a career in this field that he has found quite satisfying. Cornelsen knows that he’s been able to help make Brazil a better place for residents by bringing in valuable capital that offers room for expansion.
Having a vast experience in the field of business, Wes Edens has accomplished many things in his career as a business person. He owns several sports teams, Milwaukee Bucks is an example. Edens has also taken part in founding of a number of companies including the Fortress investment group. He is a successful entrepreneur based in New York. Wes had greatly contributed to and funded Aston Villa; a well-known English Champions club. Recently, the soccer club has been facing crucial financial issues. It was evident that it was struggling to meet its needs up until Wes Edens and his partner came to its rescue. They bought most of the stake in the club. This move helped stabilize the financial crisis of the club.
Edens has driven Fortress Investment Company to great achievements. The company is now aiming at expanding its arms in the real estate business. It was reported that it recently completed paying a huge loan and is looking forward to investing more in this field. Soft Bank has no hesitation in funding the company following it good reputation and credit worthiness.
The company has taken a new turn in investment following new insights from Wes Edens and other cofounders. Lending loans directly and privately is expected to boost their income and increase profits. This is intended to attract many upcoming companies. It also aims at airplane leasing as a way of increasing its assets.
Wes Edens can be attributed as a good manager.Ever since its founding, Fortress Investment Company has grown. To the date it was acquired by the Softbank, it had almost 1000 employees. In addition, there were over $40 billion well managed assets. The company had also maintained an outstanding reputation in the market. Having to work with this company was a success on the part of the bank.
Wes is an achiever and a mastermind. He has played major roles in improving sports and also growing companies. Since he began his career, he has worked successfully with fellow businessmen and has brought growth in the companies he has worked for including the BlackRock Financial Management .