
Life is Like a Box of Chocolates You Never Know What You're Gonna Get... Unless You Read CNBC!
Mama always said life is like a box of chocolates you never know what you're gonna get. But see if you read CNBC's 'Inside Wealth' newsletter you kinda do know what you're gonna get: news about rich folks and their money! Now this time they wrote about Builders Vision that's Lukas Walton's family office. That's the Walmart family you know like Bubba Gump Shrimp but with uh less shrimp and more money for doing good things.
Run Forrest Run... to Clean Energy Food and Oceans!
Builders Vision they're all about fixin' the world. They got three big things they're workin' on: clean energy makin' sure we got good food that doesn't hurt the planet and keepin' the oceans healthy. Like Jenny always said 'You can breathe Forrest!' and you need a clean world to do that right? They use their money to do this through givin' money away and investin' in things that help.
Noelle Knows Best!
Now this Noelle Laing she's been promoted to Chief Investment Officer. That sounds like a real fancy title! She used to work with Lukas Walton at Cambridge Associates. She then joined Builders Vision back in 2019 and she's been doin' a real good job ever since. Mr. Walton himself said she's the perfect person for the job. I reckon she is 'cause Mr. Walton seems like a smart fella.
Mission Possible: From Dollars to Do Gooding!
Since 2022 Noelle's been in charge of the money that Builders Vision gives away about $1.7 billion of it. Now that's a whole lot of shrimp! She made sure almost all of that money went to things that helped the world. She even helped invest over $300 million in new companies and money managers. Seems like she knows how to turn money into somethin' good like turnin' shrimp into a whole buffet!
A Growing Field: The Rise of Family Offices
Now Builders Vision is a big family office one of the biggest around like Lieutenant Dan invested in that fruit company and made a whole lotta money. They're growin' bigger all the time and Noelle's gonna be in charge of even more stuff now. She'll be overseein' about 20 investors and is lookin' to hire about half a dozen more gettin' the team up to almost 30 people. That's a lot of folks!
One Less Thing: Investing in a Better Tomorrow
Noelle says that Builders Vision is big enough to do a lot of different things to help the world. They can give money to charities invest in small companies and even put big money into bigger investments. She wants to use all the tools they have to make the world a better place like turnin' nothin' into somethin' just like Mama always taught me. And that's all I have to say about that.
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