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DR. FINANCE ASKS: How Do You Define Billionaire? Billionaire Entrepreneur Ramy El-Batrawi Reflects
For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy
What is a billionaire?
This is a clip of Episode 43 of the Dr. Finance® Live Podcast hosted by Dr. Anthony M. Criniti IV (aka “Dr. Finance®”). Dr. Criniti interviewed Ramy El-Batrawi, an American businessman, billionaire, entrepreneur, philanthropist, author of Can You Really Think and Grow Rich? published by Extraordinary Life Publications.
A dealmaker, Ramy El-Batrawi is the Owner and Managing Member of X, LLC, and an effective negotiator, known for his expertise in structuring winning transactions.
Highlights include:
-Structured $18B in equity and debt financing to support a bid for Vivendi Universal; aligned high-net-worth individuals consisting of Marvin Davis, Texas Pacific Group, Apax, Alen & Co, Carlyle Group, Bain Capital, Blackstone, and other private equity firms for a total equity of $10 billion and secured debt financing of $8 billion from JP Morgan, Fleet Bank and Deutsche Bank.
Acquired Global Leisure Travel the parent company of several travel-rated organizations producing $220 million in annual gross sales, and held full-scope accountability for staffing, P&L, sales management, marketing, compliance and eventual sale to Carl Icahn.
Ramy sourced and negotiated the purchase of NeWays International for $700M. He strategically partnered with renowned businessman, Adnan Khashoggi.
Most recently In 2016 El-Batrawi formed YayYo, Inc. a holding company which lists amongst its assets Rideshare Rentals, a leading provider of rental cars for Uber/Lyft drivers.
Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance.
For more information about Doctor Finance, please visit https://DrFinance.Info.
Disclaimer: This Podcast is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity.
Also, the opinions and views expressed by any guests on this Podcast do not necessarily represent the opinions and views of Dr. Finance® or its affiliates.
Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.
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