And between a sort of big land forces kind of Army, like World War II, Small unit, guerilla-based campaign, although there werethe initial strategy doctrine was based in search and destroy and clear the areas to hold them without, maybe, the counterinsurgency piece initially in VietnamIm not an expert, Well, counterinsurgency wouldve come, though, before youI mean war shifted with. And it was a very interesting face-off between the protestorswho really were sort of socially enjoying the protestand that small minority of us who felt that this almost romantic attachment to the ideals of the country and took it very seriously. Ms. Viola also recently sold a home in Brooklyn Heights for $25.5 million, setting a price record for a townhouse sale in the borough, records show. All Rights Reserved | Florida Bulldog. And Branch Night wasoh, it was the best days of my life, being a platoon leader in the 101st Airborne Division was justfor someone who always desired to lead soldiers and experience the feeling of building an esprit and a camaraderie, it was just simply amazing. Dare I say they aretheyre definitional. Donald Trumps real net worth? Virtu obscures its public financial reporting by providing only consolidated financial information. [8] He helped build the NYMEX while he served on the board of directors, as chairman of the Technology Committee, the Natural Gas Advisory Committee and the Facilities Committee, co-chairman of the Options Committee, vice chairman of NYMEX from 1993 to 1996, and chairman from March 2001 to March 2004. So you started your question by asking me how do you teach leadership? Place of Birth: New York City, U.S. Vincent Viola Net Worth and salary: Vincent Viola is an American businessman and U.S. Army veteran who has a net worth of $2.8 billion . What did you go to do after you left? In 2017, a buyer was in contract to buy the home from Viola for $80 million, The Real . We were always heralded and really, really accommodated. Born in Providence, a son of the late Albert and Michelina (DeGregorio) Viola. Viola especially emphasizes the lifelong importance of his training at West Point for the military and civilian world. Its a very enjoyable year. And in fact, I remember some of my cadet summers actually working to make money to give to my family. When General Goodpaster comes back, is that right? Part of that was because we had some former soldiers in the company who were cadets throughout the four classes that were there any time, and part of it was because we had a tactical officerthen was at the rank of major, Major Joseph Kinzer an old-guard Infantry soldier who was a Vietnam combat veteran, a phenomenal infantryman and a fantastic tactical officer. Very fascinating, thats a great question. Now, my dilemma was my branch assignment, because my family really wanted me to stay close. dchristensen@floridabulldog.org I remained a reserve officer for the next 13 years, and I always stoodI try to remain current as far as my officership, and in contact with classmates and other soldiers. Mr. Viola is one of the nation's foremost leaders in electronic trading. I think there was my company, A4, and one other company that didnt have anyone in it questioned. Europe, Pacific, the Army Air Corps, Army Infantry, support soldiersso on both sides of my family, we had Bronze Star winners, CIB recipients, too, navigators, bombardiers on B-17s, and many, many missions. And its a very grave, simple, but singular point in which your responsibility to duty and your understanding of it intercedes with your desire to take it on. Remember in the East Coast, the only place that was close was Fort Dix, and that wasnt a operational unit, it wasnt an operational base. It is a class that must be chronicled and studied at a granular level from a sociological and military perspective, because it camewe applied at probably the nadir of commitment to the military in the nation. And theres a phenomenal awareness of graduates and cadets that the experience at the Academy is so pervasive, it internalizes so deeply, because your physical experience is so commanded and defined by your cadet duties and schedule, that its almost osmotic. And I remember, in 1971, a young soldier from my neighborhood, who my family knew the family, got killed, and he was an infantryman. It was very fascinating, and I could actually say, for me, it was quiteI was self-aware of it, because the academymy classI think this can be documented. The billionaire owner of the Florida Panthers hockey team, Vincent Viola, is at the center of a Delaware lawsuit that alleges he's used his control of a large publicly traded financial services company to improperly divert hundreds of millions of dollars to himself, his family and his cronies. Is that what happens next, or is the, I cant quite remember, but what I believe happened was they were expelled from the Corps, and the federal government, at the Department of Army level, reacted to the forces, the social and political forces that were bringing to bear on the construction, which challenged the idea that, in fact, the Academy had protected the honor code well enough so that it was functioning and being followed. And so two or three fundamental challenges then faced the Academy. They lived in a one-room house. Do you think that there was the feeling, anywhere in the Armyin the leadership or among other alumni and classes, that, as you referred to before, that the standards may have lowered in admitting your class? I think hes not removed. He was the founder of Virtu East in 2008, a founder of Madison . What occurred next was extremely, extremethis is my perspective, of coursebut extremely instructional. And my roommate at the time was a secretary to the honor committee, and so his life changed overnight. My management leadership operation, dare I say, capacity, capability, is bounded in the skills around platoon leadership. Hes down at Fort Monroe now, I thinkis that right? Viola later withdrew, however, citing business conflicts. [2] He is the former chairman of the New York Mercantile Exchange (NYMEX), and the founder and chairman of Virtu Financial. Now, my roommate is a person you should interview for this. Yeah, I thinknow, I have to qualify this, because I left the Army after five years. Even if he didnt know what he was talking about, he sounded like he knew what he was saying. Be the first to know! The Corps has. In other words, the Corps has seen its better daysits not like it used to be. Viola. Mr. Viola started his career in the financial services industry on the floor of the New York Mercantile Exchange and rose to be Vice Chairman (1993-1996) and Chairman (2001-2004). Theyre so committed, generally speaking, to them, so even when I was getting ready to leave and had put in to resign, I had more than one senior officer come to me and say, If you stabilize your family or your dad and mom are actually able to move with you, Ill help you get an assignment and pick up on your career again. It was just amazingyou always feel as though youre part of the Army. Im sure theres some of that. And individual companies had distinct ethos, because back in those days, as I remember, you stood with the same company, as far as I knew, the whole four years. But what happened next was the popular media got hold of this story. And therefore, thats why the scandal happened. Having a mobile app can increase accessibility for customers and provide a better customer experience. Yep. A graduate of the U.S. Army Airborne, Air Assault, Infantry, and Ranger Schools, Mr. Viola served as an infantry officer in the 101st Airborne Division, and his dedication to the U.S. military additionally led to his creation of the Florida Panthers' Heroes Among Us program, which has honored hundreds of veterans, and counting, since its inception in 2013. So lets talk a little bit about that. Related by education: New York Law School. Are you cool on honor? meant what, though? According to . So well just have a nice conversation here. 954-603-1351, Florida Bulldog Would youfor the viewers, would you explain what you call the honors scandal and others call the cheating scandal, right, same thingwhat happened here with your class? Join the West Point Center for Oral History's Pipeline Alert. Someone should take a look at the management contract for the arena. P.O. Rent, food and alcohol sales, parking, etc. Its the same thing herethis is extremelyin the end its a very insulated, but positively reaffirming, environment. Im just trying to understand this. Spring through Firstyeah. So what are theythis would be my take on those incontrovertible principles. [25] Viola has endowed the Avery Cardinal Dulles, S.J. We came from a civilian world that had undergone enormous social disruption. Fort Lauderdale, Fl. [9] Upon graduating from Brooklyn Technical High School, Viola attended the United States Military Academy. Judicial intervention is required to end Virtus obstruction of Plaintiffs statutory right to books and records, the complaint says. [21], After the 9/11 attacks, Viola helped found the Combating Terrorism Center at West Point, and was the principal funder at its creation. And I remember as a young man saying, Thats his life. TRD Staff. We were probably one of the most extraordinary in that regard. According to Forbes, which ranks Violas current real time net worth as $3.4 billion, Viola used the money to splurge on real estate including the $10-million purchase of a pair of beachfront condos in Fort Lauderdales Auberge Beach Residences & Spa. Never wanted out. I basically was torn. Well, and I remember my one buddy, who did go to collegetwo or three of us went to collegedescribing to me frat parties, you know. Im sure heart surgeons that study today are not thinking about the difficulty to navigate the administrative Byzantine labyrinth of how the Medicare system will allow him to operate at will. Cifu currently serves on the board of directors of the U.S. Chamber of Commerce and the board of visitors of Columbia College at Columbia University. Vincent "Vinnie" Viola (born 1956) is an American billionaire businessman and U.S. Army veteran. I seeand actually took off a star in order to return here, isnt that right? And thats very powerful continuum there of an Italian-American immigrant family that, not more than 17 years prior, 20 years prior, had been in that village, and now my dad and three of his brothers were in combat. And dare I say even the cadets that suffered the current popular cultural gestalt of moral relativism while they were here, at their core desired and wanted to be combat leaders. Viola splurged on real estate with stock sale proceeds, buying a beachfront Florida condo and spending $108 million on Arizona's tallest skyscraper. The mansion has bounced on and off the market since 2013. And with the idea that he was going to clean up the Academy from the scandal. Which was that the nation was in decline, the Army is in decline, old traditional trusted places were not to be trusted anymore. And you have more privileges than youve ever had. Beloved Husband to the Late Myrna (Baker) Viola. So here you are in Central Park South, a young man, and you are standing on Central Park South. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. No fake news here. Did you ever find yourselfeither because of the rigor of the training or because the temptations from the outside world or because of, perhaps, disappointment in your own class over this scandalthat you really wanted out? "[17], As of December 2016, Viola had a net worth of $1.78 billion. Did you think you would be going to Vietnam when you entered here? [5], Early life, education and military service, "Five Things To Know About Vincent Viola, Trump's Billionaire Pick For Army Secretary", "Vincent Viola, Founder and Executive Chairman, Virtu Financial", "Vincent Viola Becomes Owner Of The Florida Panthers", "Always Dreaming wins the 143rd Kentucky Derby", "New York businessman leading group purchasing Florida Panthers", "Donald Trump Selects Trading Firm Founder Vincent Viola as Army Secretary", "USMA Class of 1977: The Honor Scandal and Beyond", "All the ways Trump is having an impact on the sports world", "Vincent J. Viola: Executive Profile & Biography", "Virtu Never Loses (Well, Almost Never) in Quest to Upend Markets", "Virtu Financial Announces Pricing of Initial Public Offering (NASDAQ:VIRT)", "Trump picks businessman Viola as Army secretary", "Mattis, Trump team clashed over Pentagon appointment", "Trump's pick for Army Secretary drops out", "Vincent Viola, Billionaire Businessman, Is Trump's Choice to Lead the Army", "Army veteran Vincent Viola, billionaire owner of the Florida Panthers, named Trump's Army secretary", "How West Point is becoming a proving ground for technology", "Epic and Epically Opulent Manhattan Townhouse Listed for $114+ Million", https://en.wikipedia.org/w/index.php?title=Vincent_Viola&oldid=1135074740, This page was last edited on 22 January 2023, at 13:48. Virtus Board of Directors is aware of the issue, but instead of fixing it, the Board has actively facilitated Violas expropriation. I think youthis place overwhelms you in a positive sense. For us, it wasI only knew I wanted to be an officer, and I wanted to be an Infantry officer, because thats what the vision and image around the Army that I received from my dad. Everyone has a different capacity or understanding of it, but the principles of the Academy are overwhelming, and they are sown into you. VIOLA, VINCENT 69 of East Greenwich, passed away May 3, 2013 at Rhode Island Hospital. Viola and other pre-IPO owners, who combined own only a little more than 1/3 of the equity units of Virtu LLC, have received a total of $706 million in cash distributions from Virtu LLC during the last seven quarters, says the complaint, which was filed last March to little media attention. If he didnt know what he was saying were probably one of most! Company, A4, and one other company that didnt have anyone in it questioned thing. Its better daysits not like it used to be five years Thats his life changed.... 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