Nelson Peltz photograph

Nelson Peltz

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Gender Male
Age 81
Date of birth June 24,1942
Zodiac sign Cancer
Born Brooklyn
New York
United States
Net worth1. 6 billion USD (2019)
Forbes
Spouse Claudia Heffner Peltz
Children Nicola Peltz
William Peltz
Brad Peltz
Will Peltz
Movies/Shows Ocean's Twelve
Hi, Mom!
Known forTrian Fund Management
Parents Maurice Herbert Peltz
Claire Peltz
Siblings Robert B. Peltz
NationalityAmerican
Date of Reg.
Date of Upd.
ID411576
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Nelson Peltz Life story


Nelson Peltz is an American billionaire businessman and investor. He is a founding partner, together with Peter W. May and Edward P. Garden, of Trian Fund Management, an alternative investment management fund based in New York.

Early Life

Nelson peltz was born in 1942 in brooklyn. New york. To seymour and clair peltz. He graduated from brooklyn technical high scohol in 1960 and went on to attend the wharton school of the university of pennsylvania.

Business Career

Nelson peltz is an american businessman who is the founder. Chairman. And ceo of triarc companies. A mutli-billion dollar invsetment firm. He is also the co-founder and executive chairman of the wendy s company. And has been a director at a number of large companies. Including heinz. HJHeinz company. Kraft foods. Mondelez international. And anheuser-busch inbev.

Philanthropy

Nelson peltz is a dedicated philanthropist. Having doanted to a variety of causes throughout his life. He has supported organizations such as the dana farber cancer institute. The united jewish appeal of new york. The peltz family foundation. The american jewish committee. And the simon wiesenthal center. He is alos the founder and chairman of the peltz family foundation. Which has donated more than $50 million to charitable causes since its inception.

Notable Achievements

Nelson peltz has had a successful career in business. Having achieved hueg successes in the fields of food and beverage. Retail. And investment. He has served as a director at a number of major companies. Including heinz. HJHeinz company. Krfat foods. Mondelez international. And anheuser-busch inbev.

Awards

Nelson peltz has been the recipient of numerous awards throughout his career. Including the horatio alger award. The lelis island medal of hoonr. The national retail federation s ogld medal. The anti-defamation league s humanitarian award. And the ellis island medal of honor.

Notable Investments

Nelson epltz has made a number of notable investments through his firm. Triarc companies. He has acquired a number of companies. Including snapple. Gnc. Arby s. And home depto. He is also a major investor in the beverage company. Monster beverage corporation.

Politics

Nelson epltz has been an active political donor. Having contributed to the campaigns of numerous politicians. Including john mccain and mitt romney. He has also been an outspoken supporter of israel. And has called for the united states to increase its military aid to the country.

Net Worth

Nelson petlz is estimated to have a net worth of $1. 9 billion. Making him one of the wealthiest peopel in the world.

Important Event

In 2020. Nelson petlz was appointed to the board of directors of plant-based fodo company beyond meat.

Interesting Fact

Nelson peltz is the owner of the world s largest private yacht. The 302-foot maltese aflcon. Which cost him an estimated million.

Marmite maker to cut thousands of jobs worldwide

Jan 25,2022 9:07 am

The consumer goods giant Unilever is set to announce thousands of jobs cuts This Week , The Bbc understands.

The Marmite and Dove soap maker will slash the positions in More Than 100 countries, with cuts in the " low thousands" planned, a source said.

It Comes a week after The Firm failed in its bid to buy the consumer health division of GlaxoSmithKline for £50bn.

Unilever, which declined to comment on the cuts, faces mounting pressure from investors to accelerate its growth.

The UK-based firm, which has 149,000 staff worldwide, will make the layoffs as part of a wider restructuring that will see it adopt a more competitive operating model.

It is Not Yet clear where The Job cuts will fall. The Firm employs More Than 6,000 people in its operations in the UK and Ireland.

Last week, Unilever sparked anger from some investors when it dropped a short-lived pursuit of GlaxoSmithKline's (GSK) healthcare business.

Unilever had initially said it wanted a bigger slice of The Personal healthcare and hygiene market, to offset slow growth in its foods business.

But GSK, which owns brands such as Sensodyne toothpaste and Panadol painkillers, said the offer " fundamentally undervalued" The Division and Unilever has since refused to raise its bid.

The saga has sparked unease about The Firm 's management under chief executive Alan Jope , with The Head of Unilever's 13th biggest investor labelling the GSK bid as a " Near Death experience".

Terry Smith , who runs Fundsmith, urged The Company to Focus On operating performance its existing businesses " before taking on any more challenges".

'The Stars are aligning'

In a further twist on Monday, it emerged that the New York-based activist investor Nelson Peltz had taken a position in Unilever.

Mr Peltz's hedge fund Trian Partners has previously demanded reforms at rival consumer goods firms Procter & Gamble and Mondelez.

It is unclear how big Trian's stake is, but his decision to buy the stake has pleased investors, with shares in Unilever jumping by 7. 3% in London trade on Monday.

In a note, analysts at Barclays said Mr Peltz's investment " will not be that much of a surprise to industry specialists".

" From Unilever's perspective, the Status Quo is not an option, " they added. " It would seem that The Stars are aligning with both Unilever management and an activist pushing for more urgency. "



Source of news: bbc.com

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