Viola Has an Estimated Net Worth of $1.79 Billion. Use arrows to navigate between autocomplete results. Douglas A. Cifu is the Vice Chairman, Partner, and Alternate Governor of Sunrise Sports & Entertainment (SSE), the National Hockey League's Florida Panthers, FLA Live Arena, and SSE's additional operating entities. Reflects change since 5 pm ET of prior trading day. "From the first day at West Point, my focus and purpose was about selfless leadership, putting others before yourself and being ready to sacrifice for others so that the mission and the goal would be accomplished.". All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Someone should take a look at the management contract for the arena. The mansion has bounced on and off the market since 2013. I remained a reserve officer for the next 13 years, and I always stoodI try to remain current as far as my officership, and in contact with classmates and other soldiers. What can security professionals do today to offset the threat of a catastrophic cryptography failure? And so he had to retire with a very small disability pension. I dont have specific memory or recall. We were probably one of the most extraordinary in that regard. Dare I say they aretheyre definitional. Yeah. These instructors you had at the time, they wereyou said some of them were Vietnam veterans. You transform to depths that youre not aware of. Did you know you shouldnt have collaborated? And I can just remember the passion with which he spoke about operational planning, and the conduct of a platoon operation. Im kind of grasping back. But I do want to make one point about what the Academy was like. In the American Armythats amazing. Its very hard to come here and notleave not having a selfless sense of what duty means, what honor is, and the importance of your country. This is very, very unique. Are you cool on honor? meant what, though? Well, what I remember of it is interesting, because there are very stark, deeply, almost burnt memories and images of it. You always want, in your mindyeah, because if you come through here, you cant help but to be singular in your desire to serve. In 2017, their horse, Always Dreaming, won the Kentucky Derby. Cause she wanted you to have another skill. What was your own attitude about the Vietnam War at the time? But you were there, though, at sort of the cross, it seems to me, between the heroic stories of World War II, And then the intersection of that with the very non-heroic stories of Vietnam. Enter Search Term. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman, and U.S. Army veteran. The complaint accuses Virtu of many months of delays, misdirection and gaslighting while withholding records necessary to its investigation, such as how much cash has been paid out to Viola. Mr. Viola and his wife, Teresa, have three sons - John, Michael, and Travis - and several grandchildren. Im sure that Spring of 1976 through the Spring of 1977 was one of those periods. Yeah, yeah. The San Francisco 49ers head into NFL free agency in a less-than-stellar salary cap situation. I seeand actually took off a star in order to return here, isnt that right? Branch of THREE BROTHERS FAMILY OFFICE LLC (New York (US)) Agent Name. So that was sort of the lowest quiz or take-home exam you could have. And I had a few friends from other companies that were in there. Absolutelyyeah, it did. $2.5 billion, according to our most recent tally. 1. I remember a Major Davison, in military instructionI think, believe he was class of 1964. And you went to a public school, I take itis that right? Im sure there were. at Columbia Law School. But I remember there was a formation, and I remember there were a host of names called out to fall out at the end of the formation. We were very, very Spartan and committed to the Academy and to its principles. Highly regarded by his peers, Cifu was recognized by Chambers USA and The Legal 500 as a leading mergers and acquisitions lawyer for buyouts and private equity transactions. If you are slightly potentialed to want to be hereslightly potentialed in your deepest personality to be selflessif you have the United States of America as part of your core identityyou have to understand that the rewards of selfless leadership are enormously infectious. I remember distinctly we had a special arrangement with the Essex Hotel where we could stay there for $21.00 a night. Viola. And. Public shareholders own whats known as Class A shares in Virtu. And I remember, in 1971, a young soldier from my neighborhood, who my family knew the family, got killed, and he was an infantryman. A native of Syosset, N.Y., Cifu graduated magna cum laude with a Bachelor of Arts degree from Columbia University, where he was elected a member of the Phi Beta Kappa academic honor society, before completing his J.D. So this family pulsed with a patriotic sense of duty to this country that gave us a great life. It had to be temptingI mean tempting literally, but it had to temptyou had to look at it and think, Wow, Im going to go back, and Im going to go through this rigorous schedule, and theyre going to go off and have fun, and play, and listen to rock and roll, and. Yes. (Page 2) We are a 501(c)(3) organization. I think hewell, I dont know what you would call that. So Ill try to take you through the first day, and to graduation. In December 2021 they paid $19.725 million for a six-bedroom, six-bathroom single-family beachfront home on the Gulf of Mexico in Boca Grande, records show. The Brooklyn Heights home of billionaire Vincent Viola and his wife, Teresa, sold for $25.5 million in a deal that went through on Christmas Eve, according to public records. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. What was it like to be here in the period immediately after the end of the Vietnam War? [14] Viola was also one of the two partners who launched EWT, LLC and Madison Tyler, LLC, two electric trading firms formerly based in Beverly Hills, CA and was able to use the electronic trading technique to his own personal gain making him one of the richest men in the world. Sign up now to get updates and email alerts when new interviews are released. You have an affirmative duty, if you see. Related by education: New York Law School. New York City quietly, socially, is a very conservative place, so if Id go out in uniform to a bar anywhere in the city, most of the persons in bars or in points of culture, even at those points, in those years were somewhat older, born of the Korean War or World War II generation. Thats my first memory of the honor scandal. Under his leadership, the Panthers have continued to further these efforts both on and off the ice, including the revitalization of Fort Lauderdale's historic War Memorial Auditorium and construction of a two-sheet team practice and community ice facility-the Baptist Health IcePlex-which will host an array of community hockey and skating programs and increase access to the sport of hockey to thousands of tri-county residents. He was an astute businessman and an extreme opportunist. Yeah. And look at me, actually, instead of at the camera. Hes a wonderful role model and a great soldier, and I still keep in touch periodicallyjust simply very blessed. Now, where were you coming fromwhere did you grow up? When you look back on that, you think, Gee, I wish that. Many just did it almost as a social activity. So here you are in Central Park South, a young man, and you are standing on Central Park South. Viola has used his control to create economic in-equivalence in ways that result in Viola and other pre-IPO owners receiving a substantially larger share of the cash distributions from Virtu LLC than the Class A stockholders receive. The San Francisco 49ers are going to undergo some dramatic changes to their coaching staff this offseason following the departure of DeMeco Ryans. Part of that was because we had some former soldiers in the company who were cadets throughout the four classes that were there any time, and part of it was because we had a tactical officerthen was at the rank of major, Major Joseph Kinzer an old-guard Infantry soldier who was a Vietnam combat veteran, a phenomenal infantryman and a fantastic tactical officer. And I remember hearing that, in fact, a group of professors had seen identical submissions from cadets, and it was uncanny, and therefore, they began to investigate. Mr. Viola started his career in the financial services industry on the floor of the New York Mercantile Exchange and rose to be Vice Chairman (1993-1996) and Chairman (2001-2004). The place was enormously proud of itself. The persons on the floors who would grant the orders and run them from one broker to the next, and enter the order into a. I think hes not removed. In some ways it does, absolutely, I would say. Viola splurged on real estate with stock sale proceeds, buying a beachfront Florida condo and spending $108 million on Arizona's tallest skyscraper. Anyway, my dad did that, and in 1980 my dad took a massive heart attack19791980. And you learn them here from the first day youre here. My company was very unique, and Im sure there were others like thisI dont have statistics on thisbut we were what you called a sort of gray company. In the next two weeks, Maestro Gustavo Dudamel will conduct the LA Philharmonic in performing twice on three consecutive nights (Dec. 9-11; and Dec 15-17), the three acts of Richard Wagners Tristan and Isolde in a acclaimed production staged by innovative director Peter Sellars and with videos c Lacino custom bejeweled leather bowties are crafted with the technicality of the automotive industry, and are unlike anything on the market. And I got absolutely no responses, and it was a pretty tough periodit was still a deep recession. Viola and his wife Teresa have three adult sons and live in New York City. It was a combination of hearthe had congenital heart disease that went undiagnosed, and just was rendered incapable. But their claim thatwas that everybody cheated. If you havent interviewed the honor committee, the senior leaders of the honor committee of the class of 77Mike [E.] Ivy, Mike [Burnell] Henryoh goshI think Carl [Axel] Swansonyou need to sit and have hours around the honor scandal. Well, the Academy had a duty to then examine and investigate every one of those charges or derivative of accusations. Military Times reported that Viola had been searching for ways to divest from his business ventures, including transferring ownership of the Florida Panthers to his family members and transferring responsibility for operations to Vice Chairman Douglas Cifu. I joined the crowd. FloridaPanthers.com is the official Web site of the Florida Panthers. Tell me about Branch Night for youwhat did you choose? And one of the few times I defied my parents, and I selected the 101st Airborne Division. VIOLA, VINCENT 69 of East Greenwich, passed away May 3, 2013 at Rhode Island Hospital. Did you havedid your family have an Army background at all? Thats a great point. Of course this reporting mirrors reports BEFORE the County after heavy lobbying n BEFORE Ft Lauderdale gave away the barn (War Memorial Auditorium) to this guy n his crew ALL IN EXCHANGE FOR RAINSTORMS OF CAMPAIGN CONTRIBUTIONS. Viola later withdrew, however, citing business conflicts. My dad served in combat in World War II, many of my uncles did. So as would follow, the qualifications of my class were not as high as classes before and classes after. A very tall fellow, ramrod straight, and he wore the Silver Star, and I can remember he taught us small unit tactics in military instruction either my Plebe or my Yearling Year. I always knew I wanted to be an Infantry officer. I remember as a young man unrealistically wanting to go to Vietnam. Electrical engineering, we refer to it as juiceit was one of the required engineering science courses that you had to take at the Academy. I think our class did feel shame and does feel shame, because I think our class, in some ways, bore an enormous unspoken responsibility. I dont have objective evidence. Who was Superintendent when all this happened? And with the idea that he was going to clean up the Academy from the scandal. Mr. Viola, 62, bought the property on East 69th Street and Fifth Avenue in 2005 for $20 million, according to PropertyShark records. Runnersrunners and clerks, and my neighborhood had a good amount of runners and low-level Wall Street professionals. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. And your mother was sick also, had you said, or. It was, yeah. Under Mr. Viola's stewardship, the Florida Panthers Foundation has refocused its mission on serving veterans, in addition to investing in children's education, conserving the endangered Florida panther, and growing youth hockey with an emphasis on furthering diversity, inclusion, and access to the game. A British financier has snapped up billionaire Vincent Viola's Upper East Side townhouse at 12. 55 which suspects its been cheated. And it was a very interesting face-off between the protestorswho really were sort of socially enjoying the protestand that small minority of us who felt that this almost romantic attachment to the ideals of the country and took it very seriously. After graduating from the Infantry Officer Basic Course and Ranger School, he served with the 101st Airborne Division at Fort Campbell[11] for several years. So theyand this is my perception. My mom was not sick, but she was an Italian-American housewife. And from the first day I entered the trading floor, I couldnt believe it, because it had many of the physical characteristics of being around a platoon environment. [5], Early life, education and military service, "Five Things To Know About Vincent Viola, Trump's Billionaire Pick For Army Secretary", "Vincent Viola, Founder and Executive Chairman, Virtu Financial", "Vincent Viola Becomes Owner Of The Florida Panthers", "Always Dreaming wins the 143rd Kentucky Derby", "New York businessman leading group purchasing Florida Panthers", "Donald Trump Selects Trading Firm Founder Vincent Viola as Army Secretary", "USMA Class of 1977: The Honor Scandal and Beyond", "All the ways Trump is having an impact on the sports world", "Vincent J. Viola: Executive Profile & Biography", "Virtu Never Loses (Well, Almost Never) in Quest to Upend Markets", "Virtu Financial Announces Pricing of Initial Public Offering (NASDAQ:VIRT)", "Trump picks businessman Viola as Army secretary", "Mattis, Trump team clashed over Pentagon appointment", "Trump's pick for Army Secretary drops out", "Vincent Viola, Billionaire Businessman, Is Trump's Choice to Lead the Army", "Army veteran Vincent Viola, billionaire owner of the Florida Panthers, named Trump's Army secretary", "How West Point is becoming a proving ground for technology", "Epic and Epically Opulent Manhattan Townhouse Listed for $114+ Million", https://en.wikipedia.org/w/index.php?title=Vincent_Viola&oldid=1135074740, This page was last edited on 22 January 2023, at 13:48. He took illthis is before his heart attack, though. I think General Goodpaster became the Superintendent the following year or the following year. People always say you learn to be a leader at West Point, but I find it hard to imagine how you teach leadership. Yeah, I thinknow, I have to qualify this, because I left the Army after five years. [3] Viola was a former infantry officer who served in the 101st Airborne Division. Did your class feel shamed by this, you think? Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. Copyright 1999-2020 Florida Panthers Hockey Club, Ltd and the National Hockey League. I wrote a clumsy letter and sent it out to companies that I looked up at the libraryback in those days, thats what you did. Of course, it also dovetailed with the larger story going on outside of the Academy. And I remember as a young man saying, Thats his life. And I remember a real almost unquestioning allegiance to the idea that this was Gods will, and fate had interceded in this mans adventure, the way it was meant to be, and he died an honorable death. He is also Chief Executive Officer of Virtu Financial, one of the nation's foremost providers of financial technology products and services, which he co-founded along with Panthers Owner, Chairman, and Governor Vincent J. Viola in 2008. You have to study leadership in combat situations. Did you feelyou mustve felt disappointed and. My dad was a combat support officer. I think there was my company, A4, and one other company that didnt have anyone in it questioned. I hardly remember a classmate saying, Im here because its a free education. If you felt that way, you quickly realized in the first two, three, four weeks that going through this formation, this transformative process, was not worth all the money in the world, and you would move on. But there's a ton that can be done to help this team be active after another NFC Championship Game appearance. All Rights Reserved | Florida Bulldog. So for more than one invasion, he was in the middle of the landing and in the middle of the action. And I think I have about 100, close to 100 classmates, who graduated with the class of 78many of them, many of them went on to have stellar military careers. My classmates used to tease methey said I had a very, very thick rubber band that was sewed in my back, and it would only stretch up to West Point and then spring back to my neighborhood in Brooklyn. San Francisco 49ers quarterback Brock Purdy is slated to undergo surgery on his throwin elbow Feb. 22 with Dr. Keith Meister performing the procedure. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); If you believe in the value of watchdog journalism please make your tax-deductible contribution today. And so I had to help financially, even while I was a cadet. He drew people in. We only knew we wanted to serve our country. COPYRIGHT 2014 WEST POINT CENTER FOR ORAL HISTORY. Sure, sure. I think he finished his term, as I remember. I well remember sitting at a Breakfast next to the Panthers lobbyist when County n City Lobbyists fawned all over him AND A SUN SENTINEL REPORTER even after he was rude to a polite speaker at the Breakfast. Mobile Experiences For Businesses: How To Boost Accessibility And Revenue, San Francisco 49ers Salary Cap Situation And Finances Heading Into NFL Free Agency, Vincent Lo Plays Long Game With His Shui On Group, Making Big Bets In Shanghai Property As He Prepares Daughter Stephanie As Successor. And you are taught here that you have a responsibility unlike any other profession, because when you are engaged in combat and you are firing upon an objective and maneuvering to take it, you are going with forethought to make decisions knowing that theres a great chance the person that you send forward to execute either fire or maneuver is not going to come back. All Rights Reserved. And I remember the impact it had on his family, especially his dad, who served so honorably in World War II. It absolutely did, and as it, thankfully, always does, the Academy and itsthe accommodation of its Spartan core and Athenian, almost, force, or pilot flame, is almost this intellectual curiosity that must exist here and does, always lags and doesnt react as broadly, deeply, or as quickly. So the storyIm saying the story had kind of gotI mean you had two kinds of wars here. [16], Leah McGrath Goodman's 2011 book, The Asylum: The Renegades Who Hijacked the World's Oil Market, describes Viola and his temperament. The senior staff, as I rememberI remember seeing the Korean service ribbon on some of the senior staff and permanent professorsdare I say when I started our Superintendent, William Knowlton, General Knowltonhe served in World War II, in fact. Did you ever find yourselfeither because of the rigor of the training or because the temptations from the outside world or because of, perhaps, disappointment in your own class over this scandalthat you really wanted out? Thats good, because the principles at demand for combat leadership, they really dont change. I can tell you that a vast majorityif almost every one of my professors that were uniformed here, and when I was a cadet, I dare say that seemed like 95 percent of the staffwere combat veterans. Well, I stood in the Reserves. Box 23763 Vincent Viola and 2 Pierrepont Street (Getty, Google Maps) Tenants at 2 Pierrepont Street, a Brooklyn Heights rental building, filed a lawsuit against . It's the most . Net Worth: $2.8 Billion. Jim was born December 11, 1931 in Millinocket, Maine to Angelina (nee Pasquine) and Vincent James Viola, Sr. Jim graduated from the. Viola is a. And it was a great point of honor for my grandfatherhe actually left the military as a noncommissioned officer of the Italian Army. Florida Panthers and floridapanthers.com are trademarks of the Florida Panthers Hockey Club, Ltd. NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks and NHL Draft name and logo are trademarks of the National Hockey League. West Point had not undergone a social revolution, for obvious purposes. Did you find yourself when you would travel off being mocked and harassed by people? Despite the fact that when we were off-post, or when we would observe the civilian world, it was a very almost non-linear set of conditions. Doctor of Jurisprudence, New York Law School; Bachelor of Arts/Science, United States Military Academy. P.O. [18][6] In 2013, their Upper East Side townhouse was listed for sale at $114 million. And about five minutes into the gathering, I see these adult men crying and grabbing my dad, and lo and behold they had remembered how they were starving, and how in the war he brought them a truckload of food, and actually stood with them for two days, as I remember now. So branch night, I stood up and said, Infantry, with great pride. He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. Jan. 18, 2017. And its a very grave, simple, but singular point in which your responsibility to duty and your understanding of it intercedes with your desire to take it on. You only put your minimum, five years and gone. And he just was extremely involved effectively at forming us as officers. I had to actually leave Fort Campbell, and I took a compassionate reassignment to Fort Hamilton in New York Cityactually, Fort Dix, and I got assigned to Fort Hamilton. He was for several weeks President Donald Trump 's nominee for United States Secretary of the Army, before withdrawing from consideration. I think thats why many persons who get out continually try to serve, either in their community or in other capacities. The Ft L Commissioners lead by Dean to be honest, WERE STAR STRUCK BY PANTHERS LOBBYISTS CAMPAIGN CONTRIBUTIONS, but as a Commissioner said to me privately after I protested the proposed deal, Who cares what we do? (except the lobbyists)? At demand for combat leadership, they really vincent viola brother change were you coming fromwhere did you your! Want to make one point about what the Academy from the scandal model and a great point honor. 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