Commonwealth Club Of California Podcast

Before being named President Trump’s secretary of commerce in 2017, Wilbur Ross had already earned a reputation as the “King of Bankruptcy” over his 55-year career on Wall Street. Often working on high-profile bankruptcies such as Pan Am and Texaco, Ross helped restructure more than $400 billion in assets, and was named among Bloomberg’s 50 most influential people in global finance. After coming to Washington, Ross faced equally tough challenges, yet survived in his post for all four years.  Now Ross shares the story of how he got to the top and stayed there, as he relates in his new book Risks and Returns: Creating Success in Business and Life. He rose from humble beginnings in North Bergen, New Jersey, applied simple principles with strict discipline, and ultimately Ross’s strategies and dealmaking skills led to relationships with King Charles, Warren Buffett, Carl Icahn, the Rothschild family, Steve Wynn, Lakshmi Mittal, Mike Milken, and many other famous personalities. Ross will also share his experiences