Haute 100 New York Update: Wilbur Ross

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Our Haute 100 list details the accomplishments of the most influential people in each of our markets—Miami, New York, Los Angeles, and San Francisco. These people continue to make moves, so rather than waiting for the next Haute 100 issue to come out, we thought we’d provide you with regular updates on those Haute 100 members who are making headlines. Check back daily for more info on the most powerful people in your city. On our Haute 100 New York list is Wilbur Ross, investment billionaire about to hit another gold-mine!

Wilbur Ross

Company: W.L. Ross & Co.

Industry: Finance

What Makes Him Haute: Billionaire Wilbur Ross launched the W.L. Ross & Co. investment fund with $440 million in capital and a small staff that he recruited from Rothschild. His current net worth is estimated at $1.7 billion.

What makes him Haute now: The rich are about to get richer! The health care reform bill passed and Ross knows there is money waiting to be had and he is on his way to make it. While Ross is no expert in the medical field, he is teaming up the man who oversaw the skyrocket boom of CVS. The joint venture between Ross and Edwin Crawford, former Chairman of CVS, will be called Crawford-Ross and will be based on service providers rather than Crawford’s forte, pharmaceuticals.

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