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B. Thomas Golisano
Blase Thomas Golisano (born November 14, 1941) is an American billionaire businessman and philanthropist. He is the founder of Paychex, which offers payroll and human resources services to businesses. Golisano owned Greenlight Networks, a fiber internet provider based in Rochester, New York, from 2019 to 2022. He owned the Buffalo Sabres of the National Hockey League and Buffalo Bandits of the National Lacrosse League from 2003 to 2011. Golisano unsuccessfully ran for Governor of New York as a third-party candidate in 1994, 1998, and 2002. As of 2020, Golisano had a net worth of US$5.2 billion. Business Paychex was founded by Golisano in 1971. He started the company with $3,000 and a credit card. Golisano served as its president and Chief Executive Officer from 1971 to October 2004. He has been the Chairman of Paychex since October 1, 2004, and its Director since 1979. In April 2018, it was announced that Golisano was purchasing Greenlight Networks, a Rochester-based fiber inter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rochester, New York
Rochester () is a City (New York), city in the U.S. state of New York (state), New York, the county seat, seat of Monroe County, New York, Monroe County, and the fourth-most populous in the state after New York City, Buffalo, New York, Buffalo, and Yonkers, New York, Yonkers, with a population of 211,328 at the 2020 United States census. Located in Western New York, the city of Rochester forms the core of a larger Rochester metropolitan area, New York, metropolitan area with a population of 1 million people, across six counties. The city was one of the United States' first boomtowns, initially due to the fertile Genesee River Valley, which gave rise to numerous flour mills, and then as a manufacturing center, which spurred further rapid population growth. Rochester rose to prominence as the birthplace and home of some of America's most iconic companies, in particular Eastman Kodak, Xerox, and Bausch & Lomb (along with Wegmans, Gannett, Paychex, Western Union, French's, Cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paychex Headquarters
Paychex, Inc. is an American provider of human resource, payroll, and benefits outsourcing services for small- to medium-sized businesses. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 670,000 payroll clients in the U.S. and Europe. In 2019, Paychex ranked in position 700 on the Fortune 500 list of largest corporations by revenue, and the company's revenue for fiscal year 2020 is projected to exceed $4.1 billion. History Paychex was founded in 1971 by Tom Golisano, who started the company with only $3,000. The operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. Paychex held an initial public offering in 1983 and began trading on the NASDAQ (PAYX). In the first quarter of fiscal year 2020, the company repurchased $171.9 million of its own stock and currently has a market capitalization of $30.155 billion. Acquisitions Recent acquisitions In Decem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Magic Johnson
Earvin "Magic" Johnson Jr. (born August 14, 1959) is an American former professional basketball player. He is often regarded as the greatest point guard of all-time and has been compared with Stephen Curry. Johnson played 13 seasons in the National Basketball Association (NBA). After winning a national championship with Michigan State in 1979, Johnson was selected first overall in the 1979 NBA draft by the Los Angeles Lakers, leading the team to five NBA championships during their Showtime era. Johnson retired abruptly in 1991 after announcing that he had contracted HIV, but returned to play in the 1992 All-Star Game, winning the All-Star MVP Award. After protests from his fellow players, he retired again for four years, but returned in 1996, at age 36, to play 32 games for the Lakers before retiring for the third and final time. Johnson's career achievements include three NBA MVP Awards, three NBA Finals Most Valuable Player Awards, nine NBA Finals appearances, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles Dodgers
The Los Angeles Dodgers are an American professional baseball team based in Los Angeles. The Dodgers compete in Major League Baseball (MLB) as a member club of the National League (NL) West division. Established in 1883 in the city of Brooklyn, which later became a borough of New York City, the team joined the NL in 1890 as the Brooklyn Bridegrooms and assumed several different monikers thereafter before finally settling on the name Dodgers in 1932. From the 1940s through the mid-1950s, the Dodgers developed a fierce cross-town rivalry with the New York Yankees as the two clubs faced each other in the World Series seven times, with the Dodgers losing the first five matchups before defeating them to win the franchise's first title in 1955. It was also during this period that the Dodgers made history by breaking the baseball color line in 1947 with the debut of Jackie Robinson, the first African-American to play in the Major Leagues since 1884. Another major milestone was reache ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Terrence Pegula
Terrence Michael Pegula (born March 27, 1951) is an American billionaire businessman and petroleum engineer. He is the owner of Pegula Sports and Entertainment which owns the Buffalo Sabres of the National Hockey League (NHL) and, with his wife Kim Pegula, the Buffalo Bills of the National Football League (NFL). Amassing his fortune via investments in fracking, he has interests in natural gas development, real estate, entertainment, and professional sports. His net worth is over $7 billion. Professional sports Buffalo Sabres In February 2011, Pegula purchased Hockey Western New York LLC (the holding company that owns the Buffalo Sabres and the Buffalo Bandits of the National Lacrosse League) from previous owners Tom Golisano, Larry Quinn, and Dan DiPofi for $189 million. Pegula's purchase made an immediate positive impact, with players, fans and alumniMalowicki, Jessica (2011-02-24)Pegula era kicks off with surprise. ''WGRZ''. Retrieved 2011-02-24. invigorated by his investment in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws."Securities Fraud Awareness & Prevention Tips faq by FBI, accessed February 11, 2013 Securities fraud can also include outright theft from investors ( embezzlement by ), |
Mail And Wire Fraud
Mail fraud and wire fraud are terms used in the United States to describe the use of a physical or electronic mail system to defraud another, and are federal crimes there. Jurisdiction is claimed by the federal government if the illegal activity crosses interstate or international borders. Mail fraud Mail fraud was first defined in the United States in 1872. provides: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post office or authorized depository for mail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Fraud
Bank fraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. In many instances, bank fraud is a criminal offence. While the specific elements of particular banking fraud laws vary depending on jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. For this reason, bank fraud is sometimes considered a white-collar crime. Types of bank fraud Accounting fraud In order to hide serious financial problems, some businesses have been known to use fraudulent bookkeeping to overstate sales and income, inflate the worth of the company's assets, or state a profit when the company is operating at a loss. These tampered records are then used to seek investment in the company's bond or security issues or to make fraudulent loan applications in a final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adelphia Communications Corporation
Adelphia Communications Corporation was an American cable television company with headquarters in Coudersport, Pennsylvania. It was founded in 1952 by brothers Gus and John Rigas after the pair purchased a cable television franchise for US$300. Combining various cable properties, the company became one of the most successful in the United States and reached over two million subscribers in 1998. In addition to cable television, Adelphia later started providing high-speed internet, phone services and voice messaging for businesses. Despite its success, in 2002 the company filed for bankruptcy amid an internal corruption scandal. An investigation was launched and later revealed that some members of the Rigas family used $2.3 billion to illegitimately purchase personal luxuries. A trial for the case was launched and saw John Rigas being sentenced to 15 years in prison, while his son Timothy Rigas received a sentence of 20 years. John Rigas was released in 2016 as a result of health is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Rigas
John James Rigas (November 14, 1924 – September 30, 2021) was an American businessman who was one of the founders of Adelphia Communications Corporation, which at its peak was one of the largest cable TV companies in the United States. He was also the majority owner of the Buffalo Sabres franchise of the National Hockey League. In 2005, he was convicted on multiple charges of fraud and sentenced to 15 years in prison, serving nine of those years before being released due to declining health. Beginnings Rigas was born in Wellsville, New York, to Greek immigrants James and Eleni (Brazas) Rigas, who sought a better life in the United States for their children. John had three siblings: Gus, Mary and Katherine. James was an entrepreneur of some repute in Wellsville, beginning as a shoe-shine man, then in 1921 introducing the Texas hot to Wellsville. The Texas hot stand remains in operation, currently co-owned by John's nephew, Chris Rigas. John's first job was, at the age of ni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Larry Quinn (ice Hockey)
Larry Quinn (born c. 1952)Vogl, John (3 February 2011)Fed-up Quinn quits waterfront group as role with Sabres ends ''The Buffalo News''. Retrieved 3 February 2011. is an American ice hockey executive, businessman and politician, best known for his involvement with the Buffalo Sabres of the NHL. Quinn has had two stints in the Sabres organization, the first in the 1990s as team president, and the second in the mid-to-late 2000s as managing partner, minority owner, and ''de facto'' president. Quinn, in 2014, won election to Buffalo Public Schools' board of education. Buffalo Sabres Quinn first joined the team as President in the 1990s and was responsible for hiring general manager Darcy Regier in 1997, after he had fired then-GM John Muckler. After Quinn and Regier allowed coach Ted Nolan to leave after the end of his contract, they hired Lindy Ruff as head coach. Both Regier and Ruff would stay with the team until their respective dismissals in 2013. Quinn assisted then-owners N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The World's Billionaires
''The World's Billionaires'' is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine ''Forbes''. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royal family, Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained. In 2018, Amazon (company), Amazon founder Jeff Bezos was ranked at the top for the first time and became the first centibillionaire included in the ranking, surpassing Microsoft founder Bill Gates, who had topped the list 18 of the previous 24 years. In 2022, after topping the list for four years, B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
