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Mark Tawfiq is a controversial businessman with his neighbor.
Mark recently had a discussion on music and art directed at Bill Gross. This hatred started when he complained about the business he was building at Bell Field. He also condemned harassment and mental distress.
Mark is CEO and Chairman of TFT Holdings.
Mark Towfiq Wiki
Surname
Mark Towfiq
Age
50-60
gender
Masculine
nationality
American
profession
businessman
net worth
Under review
Married single
Married
Wife
Carol Nakahara
Mark Towfiq Net Worth
Let’s check the details of Mark Towfiq Net Income Salary 2021 report given below
Total net worth of Mark Towfiq in 2021 $1 million – $5 million (approx.)
Mark Towfiq Education
Mark Towfiq graduated from high school with good grades at university.
Mark Towfiq Wikipedia
No further Wikipedia information about Mark Towfiq at this time.
Mark Towfiq RELATIONSHIP
Right now, the Mark Towfiq relationship between them remains strong and there is no sign of any complications or problems. They also have a mutual love and affection for one another.
Mark Towfiq How Tall, Weight & Body Measurement
Mark Towfiq is of good height with good measurements and also has a reasonable weight for height.
Mark Towfiq Social Media
Over the past few months, Mark Towfiq has garnered a lot of attention from Facebook, Instagram, Twitter and YouTube with thousands of active followers.
Billionaire William Gross Accused Of Blasting ‘Gilligan’s Island’ Theme Song In O.C. Neighbor Disput
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Images related to the topicBillionaire William Gross Accused Of Blasting ‘Gilligan’s Island’ Theme Song In O.C. Neighbor Disput
See some more details on the topic Mark Towfiq Wikipedia, Bio, Net Worth, Age, Bill Gross Neighbor Dispute here:
Mark Towfiq: Wikipedia, Bio, Net Worth, Age, Bill Gross …
Mark Tawfiq (Mark Tawfiq) is a controversial businessman with his neighbor. Mark has recently had a discussion on music and art directed to Bill Gross.
Source: www.650.org
Date Published: 3/27/2021
View: 4513
Mark Towfiq: Wikipedia， Bio， Net Worth， Age， Bill Gross …
Mark Tawfiq (Mark Tawfiq) is a controversial businessman with his neighbor. Mark has recently had a discussion on music and art directed to Bill Gross.
Source: ab.com.tc
Date Published: 1/4/2022
View: 4092
Who Is Mark Towfiq? Everything On His Net Worth and …
The neighbor dispute between Bill Gross and tech entrepreneur Mark Towfiq … the present of the tech company Mark Towfiq no doubt has a huge net worth.
Source: 44bars.com
Date Published: 1/24/2022
View: 3558
Mark Towfiq Net Worth, Bio, Age, Height … – Popular Networth
Mark has recently been in a dispute related to a complaint against Bill Gross about noisy music and art sculpture.
Source: popularnetworth.com
Date Published: 7/25/2021
View: 3289
Mark Towfiq Wikipedia， Bio， Net Worth， Age， Bill Gross Neighbor Dispute
Mark Tawfiq is a controversial businessman with his neighbor.
Mark recently had a discussion on music and art directed at Bill Gross. This hatred started when he complained about the business he was building at Bell Field. He also condemned harassment and mental distress.
Mark is CEO and Chairman of TFT Holdings.
Mark Towfiq Wiki
Name Mark Towfiq Age 50-60 Gender Male Nationality American Occupation Businessman Net worth Verifying Married/Single Married Wife Carol Nakahara
Mark Towfiq’s net worth
Let’s check the details of Mark Towfiq Net Income Salary 2021 report given below
Total net worth of Mark Towfiq in 2021 $1 million – $5 million (approx.)
Mark Towfiq Education
Mark Towfiq graduated from high school with good grades at university.
Mark Towfiq Wikipedia
No further Wikipedia information about Mark Towfiq at this time.
Mark Towfiq RELATIONSHIP
Right now, the Mark Towfiq relationship between them remains strong and there is no sign of any complications or problems. They also have a mutual love and affection for one another.
Mark Towfiq, how tall， weight and measurements
Mark Towfiq is of good height with good measurements and also has a reasonable weight for height.
Mark Towfiq Social Media
Over the past few months, Mark Towfiq has garnered a lot of attention from Facebook, Instagram, Twitter and YouTube with thousands of active followers.
Mark Towfiq Net Worth, Bio, Age, Height, Nationality, Relationship
Mark Towfiq is a businessman who is now making the headlines as he and his neighbor burn.
Mark was recently involved in litigation related to a complaint against Bill Gross over loud music and art sculpture. This feud began when he filed a lawsuit against an art project in Bill’s backyard that was obscuring the sea view from his building. He has accused Bill of abuse and mental harm in the lawsuit.
Mark is considered the Chief Executive Officer and Chairman of TFT Securities.
10 Facts by Mark Towfiq
1. Mark Towfiq is a famous businessman, but he still needs his own Wikipedia article.
2. There is no question that Mark Towfiq, to be President of the software company, has an enormous net worth. However, the exact details of his net worth have yet to be released.
3. Mark Towfiq appears to be between 50 and 60 years old in 2020. However, the exact age or birthday of the businessman is not known.
4. He recently became interested in a lawsuit related to Bill Gross’ neighbor dispute. Both neighbors are fighting over $1 million worth of heavy music and art sculpture.
5. Mark suspected investor Gross of assault and issued an injunction. Gross has filed a lawsuit for his own restraining order.
6. Bill is suspected of performing the Gilligan Island ballad at a loud pitch and mocking Towfiq’s couple. However, he was reluctant to play songs with loud effects.
7. Bill even suspected Mark of disturbing his $1 million art sculpture he bought for his wife in 2018. The dispute is still continuing in arbitration.
8. Mark is married and has a wife. His wife’s name is Carol Nakahara.
9. Towfiq is credited as the software man who is the president of the organization called TFT Holdings.
10. The label cannot be identified on social media.
Facts by Mark Towfiq
Name Mark Towfiq Age 50-60 Gender Male Nationality American Occupation Businessman Net worth Verifying Married/Single Married Wife Carol Nakahara
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Bill H. Gross
American billionaire
William Hunt “Bill” Gross (born April 13, 1944) is an American investor and fund manager best known as the co-founder of Pacific Investment Management Co. PIMCO is a global fixed income investment company. Gross managed his $270 billion Total Return Fund (PTTRX) before joining Janus Capital Group (now Janus Henderson) in September 2014.[1]
Early life and education[edit]
Gross was born in Middletown, Ohio, to Shirley (née Tait), a homemaker, and Sewell Mark Gross, a sales manager for AK Steel Holding. Part of his family is originally from Winnipeg, Canada.[4] He was raised as a Presbyterian.[5] In 1954 he moved to San Francisco with his parents.[3] Gross graduated from Duke University in 1966 as an Angier B. Duke Scholar and with a degree in psychology.[6]
At Duke he joined Phi Kappa Psi.[7] He then served in the Navy from 1966 to 1969 as Deputy Chief Engineer aboard the USS Diachenko and led several SEAL deployments to landing sites along the coast of Vietnam.[8] He retired from the Navy in 1970 with the Tet Combat and Vietnam Active Duty Bands. Gross earned an MBA from UCLA’s Anderson School of Management in 1971. Gross briefly played blackjack professionally in Las Vegas, Nevada, and said he uses many of his gambling methods to spread risk and calculate odds to make his investment decisions.[9]
In 2019, Gross revealed his diagnosis of Asperger’s Syndrome.[10]
Investment career[ edit ]
Gross is a CFA charterholder who earned his credentials while working as an investment analyst for Pacific Mutual Life between 1971 and 1976.[11]
Nicknamed “Bond King,” Gross managed one of the world’s largest mutual funds, focused primarily on bonds and fixed income. Dubbed “the nation’s most prominent bond investor” by The New York Times[12],[12] he co-founded Pacific Investment Management (PIMCO) and managed PIMCO’s Total Return Fund (once the world’s largest bond fund with nearly $293 billion in assets US dollars)[13]. ] and several smaller ones until his departure in September 2014.[14]
At Pimco, Gross controlled more bond money than anyone else in the world, and he advised the Treasury Department on the role of subprime mortgage bonds during the 2008 financial crisis. In naming Gross as Fixed Income Fund Manager of the Decade in 2010, Morningstar said: “No one else Fund manager made more money for people than Bill Gross.”[15] He was known for his ability to spot and exploit market inefficiencies. and for adapting its strategies as Pimco grew, from adopting new technologies to derivatives and the Internet. Ben Trosky, who founded and ran Pimco’s high yield bond business from the 1990s through the early 2000s, told Barron’s that Gross was “a good trader, a good analyst, and a good seller who was able to get complex Distilling ideas into something simple and accessible.”[16]
According to a 2002 Fortune story, “The Bond King,” Gross was able to beat the market for much of his career by capitalizing on the element of certainty and mastering the element of uncertainty. Certainty for a bond investor like Gross included variables such as credit ratings, yields, maturities and duration, a measure of risk. The longer a bond’s duration, the more its price will fluctuate with interest rate changes, with cautious investors choosing shorter maturities to limit price volatility caused by interest rate changes. Gross took advantage of the uncertainty by making educated — but accurate — guesses about the direction of interest rates, inflation, and other variables affecting bonds.[17]
The Financial Times wrote in March 2019: “Active, aggressive investing in bonds was Gross’s great innovation. Historically, insurers and pension funds have been the big buyers of bonds. They rarely traded — indeed, bonds were usually kept in a vault, and selling meant physical mail to the buyer — and maintained warm, club-like relationships with Wall Street. Pimco, on the other hand, actively traded positions on and off, confidently expanding into hot new areas like junk bonds and emerging markets and used his increasing influence to beat banks into making them better bids.”[18]
After Wall Street collapsed in 2008, Gross emerged as one of the most influential financiers in the country and became one of the most ardent supporters of the Obama administration’s strategy (the Public-Private Investment Program, or P.P.I.P.) to enlist private investors to help with the bail out the nation’s ailing banks and attempt to revitalize the economy.[19]
It was widely reported that the departure of Pimco CEO Mohamed El-Erian was prompted by a conflict with Gross.[20][21][22] Gross himself left the company in late fall 2014 and sued Pimco and parent company Allianz for “hundreds of millions of dollars” in October 2015, alleging he was forced out by a “cabal” of executives “driven by lust for power, greed and a desire to improving its own financial position and reputation at the expense of investors and decency,” and accusing them of “inappropriate, dishonest, and unethical conduct.”[23] Pimco and Gross agreed in March 2017 to an alleged $81 million that Gross had pledged to donate to charity.[24]
In the 1990s he authored two popular investing books, Bill Gross on Investing and Everything You’ve Heard About Investing is Wrong! In September 2008, Gross’s funds made $1.7 billion by holding large positions in agency-backed Fannie Mae and Freddie Mac mortgage bonds following the federal acquisition of Fannie Mae and Freddie Mac.
He announced his departure from Janus Henderson Investors and active fund management in February 2019. He said at the time that he would focus on managing his personal wealth and his private charitable foundation, the $390 million William, Jeff and Jennifer Gross Family Foundation. 26]
Personal life[edit]
The block of four 24c reverse center United States stamps of 1869 from the Gross collection (shown inverted).
Gross was married three times. In 1968 he married Pamela Roberts. They had two children: Jeff and Jennifer. They later divorced. In 1985 he married Sue J. Frank; they have a son, Nick.[29] In 2018, they were involved in a contentious divorce.[30] Both own homes in Laguna Beach, California.[31]
Gross married former tennis pro Amy Schwartz in April 2021.[32] She met Gross in 2017 through a mutual friend and they now live together in an oceanfront villa in Laguna Beach that he bought for her and which she decorated with a “love” theme.[33] The 10,000-square-foot home, dubbed “Rockledge by the Sea” by a previous owner, was the third most expensive home sale in Orange County, California, in 2018 at $32 million. The residence has 190 feet of ocean frontage, along with a cove and beach with private access.[34] Gross hosted a Schwartz 50th birthday party at the house in September 2019 with singer-songwriter and guitarist Kenny Loggins.[35] Schwartz credits Gross with renewing her interest in golf, which they often play together.
Gross is a well-known stamp collector.[37]
As of November 2005, he was the third person (after Robert Zoellner in the 1990s and Benjamin K. Miller before 1925)[38] to compile a complete collection of 19th-century United States postage stamps. In October 2005, he purchased at auction for $2.97 million a unique plate block of the famous 24-cent U.S. Airmail stamps of 1918 known as the “Inverted Jenny,” engraved with a Curtiss JN-4 biplane, the printed upside down. He then traded the inverted Jenny plate block to Donald Sundman, president of the Mystic Stamp Company, a stamp dealer, for an 1868 1-cent “Z-Grill” depicting Benjamin Franklin (one of only two known examples), and thus completed Gross’s 19th century.[39] His collection will be auctioned over the next two to three years and the proceeds will be donated to charity. Previous auctions of Gross’s UK, British Commonwealth, Western Europe, Scandinavia, Confederate States, Switzerland and Hawaii stamp collections have raised over $26 million.[40] The remnants of Gross’s collection – the United States stamps and envelopes – were scheduled to be auctioned off with the sale of United States Stamp Treasures on October 3, 2018.[41]
On October 3, 2018, Gross continued his formal exit from the market when Siegel Auction Galleries sold 106 of his pieces at the Lotte New York Palace Hotel in New York City. The sale raised $10 million, breaking the record $9.1 million for a one-day stamp auction set in 2007. Continuing his tradition, Gross told Barron’s that the proceeds from the final sale went to doctors without Boundaries and the New York Times Neediest Cases would go to other charities to be announced later.[42]
Gross is known as a passionate amateur golfer.[43] In a link to former journalist David Rynecki’s 2007 book Deals on the Green, Gross wrote that golf is “the most frustrating, most damnable game ever conceived – it alternately uplifts and depresses you in the space of just a few minutes.” i love golf No, I hate it.” He played in a foursome with Tiger Woods and other pros at the AT&T Pro-Am in Pebble Beach, but wrote that even playing with Woods and earning tournament trophies “doesn’t compare to the exhilaration of moment, the thrill of victory, and yes, the agony of missing a tripod.”[44]
In 2014, Gross was reported as one of several “prominent investors [who] have turned to Transcendental Meditation.”[45]
Although a registered Republican,[46] Gross made donations to both Barack Obama’s presidential campaign and the Democratic Campaign Committee in 2008.[47]
In October 2020, Gross and Schwartz sued their Laguna Beach neighbor, Mark Towfiq, accusing him of developing an obsession with them that included installing cameras pointed at their property and “peeping tom Behavior”. In a request for a restraining order, Gross said he felt “trapped in my own home,” adding, “Defendant Towfiq appears to have a particular fascination not only with Mr. Gross but also with Ms. Schwartz, especially when the two of them they are swimming and therefore wear minimal clothing, if any. The lawsuit accused Towfiq of, among other things, invasion of privacy.[48]
In a separate complaint filed after Gross and Schwartz’s lawsuit, Towfiq accused the couple of molesting him by playing the “Gilligan’s Island” theme at loud volume through outside speakers. According to Towfiq, the harassment began after he complained about a large statue of Dale Chihuly on Gross’s lawn, which he said blocked his view, even though the sculpture was placed on a side wall that didn’t block the view .[49][50] In defense, Gross said that playing the theme of “Gilligan’s Island” was not meant to be a nuisance but that the song was of special meaning to him, while Schwartz claimed that the artwork in question was so meaningful to her that she prayed to it. [49][50] The Orange County Superior Court finally ordered Gross and Schwartz not to play music outside unless they were outside themselves.[51]
Wealth and philanthropy[edit]
In 2005, Gross donated $23.5 million to Duke University, of which $20 million was set aside for financial support.[52] In 2006, Gross donated the $9.1 million[53] he earned from the auction of his UK philatelic collections at Shreves Philatelic Galleries to Doctors Without Borders/Médecins Sans Frontières.[54] Over the years, Gross has become the largest donor in MSF history with approximately US$25 million. His Scandinavian and Finnish stamp collections were sold by auction house Spink in May 2008 to make a donation to the Jeffrey Sachs Millennium Villages Project at Columbia University.[55] Gross also donated $20 million to Hoag Memorial Hospital Presbyterian for Women’s Health and $10 million to the University of California, Irvine to fund a stem cell research center at their medical school.[56]
In 2012, Gross donated $20 million to Cedars-Sinai Medical Center (Los Angeles) for the new Sue and Bill Gross Surgery and Procedure Center, which opened in the summer of 2013.[57]
Also in 2013, Gross donated $20 million to Mercy Ships. This was for the construction of a new hospital ship, the Global Mercy,[58] to join the existing hospital ship, the Africa Mercy, to provide medical services to the poor.[59][60]
In 2016, Gross donated $40 million to the University of California, Irvine to start a nursing school.
Named for its principal benefactor, the Smithsonian National Postal Museum’s William H. Gross Stamp Gallery is the world’s largest gallery dedicated to philately.[62] Gross donated $8 million to the National Postal Museum in 2009 to create a 12,000 square foot gallery.[63] Portions of the donation came from the proceeds of Gross’s sale of his Civil War history collections and the British North American Post Office.[64]
Gross established the William, Jeff and Jennifer Gross Family Foundation with his son and daughter by his first wife in 2018 to coordinate his philanthropic activities.[65] The foundation gives more than $20 million annually and spent more than $1.5 million on coronavirus relief efforts in 2020.[66][67][68]
On January 26, 2020, Gross signed the Giving Pledge.[69]
Publications and works[edit]
References[ edit ]
Further Reading[edit]
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