Wilbur Ross, the former Commerce Secretary, is set to release a book detailing his journey to success in business and life. Despite his moniker as the “King of Bankruptcy” during his 55-year tenure on Wall Street, Ross originally had aspirations of becoming a writer during his college days. He reminisces about his time as an undergrad at Yale, where he honed his creative writing skills under the guidance of literary courses. However, his transition into the world of finance was a pivotal decision that steered him away from a potential life of poverty.
While at Harvard Business School, Ross studied under the tutelage of Georges Doriot, a renowned figure who emphasized the importance of image and style in achieving success. Doriot’s advice to dress like the success one aspires to be left a lasting impression on Ross, shaping his outlook on professional presentation and demeanor. This focus on cultivating a successful persona accompanied Ross throughout his career in banking and beyond.
Ross’s residence at the Dakota, a famed Upper West Side address, offered him unique opportunities to interact with notable figures such as John Lennon and other renowned artists. Reflecting on Lennon’s tragic assassination in 1980, Ross recalls the somber atmosphere that engulfed the building in the aftermath of the event. Despite the chaos that ensued outside the Dakota’s gates, Ross recounts the community coming together to find solace and commemorate Lennon’s memory through a collective effort.
Ross’s first encounter with Donald Trump was marked by adversarial circumstances during a bankruptcy proceeding involving the Trump Taj Mahal. However, their relationship evolved over the years, leading Ross to support Trump’s presidential campaign and join his administration as Commerce Secretary. Ross’s transition from a successful banker to a public servant underscored his adaptability and willingness to embrace new challenges, even if it meant a considerable pay cut.
During his tenure as Commerce Secretary, Ross navigated complex challenges, including overseeing the hiring of over 400,000 temporary workers for the census. His decision to reinstate a citizenship question in the US Census sparked controversy, highlighting the intersection of politics and public service in his role. Despite facing criticism, Ross’s leadership of the Census Bureau showcased his ability to manage large-scale operations and drive organizational efficiency.
Ross’s upcoming book has garnered support from influential figures in business and media, underscoring his continued influence and relevance in various circles. Endorsements from industry stalwarts like Ken Griffin, Stephen A. Schwarzman, and Larry Kudlow reflect Ross’s standing as a respected voice in economic and policy discussions. His rich tapestry of experiences, from Wall Street to public service, has solidified his legacy as a multifaceted figure with enduring impact.
Wilbur Ross’s journey from a young dreamer to a seasoned businessman and public servant is a testament to the transformative power of perseverance and adaptability. His encounters with luminaries like John Lennon and Donald Trump, along with his contributions to the financial and governmental sectors, reflect a life defined by both success and challenges. As Ross continues to share his insights and experiences, his legacy remains a compelling narrative of ambition, resilience, and the pursuit of excellence in all endeavors.