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Les Alexander - real facts

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by tinman, Oct 6, 2019.

  1. tinman

    tinman Contributing Member
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    Apparently nobody knows what Les did to become rich before the Rockets
    while everybody knows about Tilman's casinos and tourist trap restaurants

    [​IMG]
    https://www.forbes.com/profile/leslie-alexander/#38746d5b283b

    • In September 2017 Leslie Alexander agreed to sell the Houston Rockets NBA team to Tilman Fertitta for $2.2 billion, 25 times what he bought it for.
    • Alexander paid $85 million for the Rockets in 1993, just before Hakeem Olajuwon led the team to NBA titles in the next two seasons.
    • He debuted on the Forbes 400 in 2006 due to his stake in student loans securitizer First Marblehead, though the Rockets proved a better investment.
    • Alexander started building his fortune by trading bonds after getting a degree at Brooklyn Law School.

    What happened after he sold the Rockets?

    https://www.chron.com/sports/rocket...er-sold-the-Rockets-but-kept-the-12544913.php

    Alexander, who last September sold the Rockets for $2.2 billion to Houston businessman Tilman Fertitta, confirmed this week that he remains in possession at his home in Florida of the two Larry O'Brien Trophies he accepted for the team's back-to-back NBA titles in 1993-94 and 1994-95.

    "They're here in a corner at my house," he said during a brief phone conversation. "I haven't decided how to set them up yet."


    What's is dealings in China?

    Huang is managing director of Rocket Capital – the investment platform he launched with Leslie Alexander, owner of the Houston Rockets – which focuses on emerging markets, particularly China. Its investments include
    the China Railway Group,
    the carmakers Brilliance Auto,
    the Xinjiang Xinxin Mining Industry Company
    and

    the Longrun Tea Group

    [​IMG]
     
    RayRay10 and snowconeman22 like this.
  2. tinman

    tinman Contributing Member
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  3. xiaolulz

    xiaolulz Member

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    and Apple got rich by Chinese phones, what's the point...
     
  4. tinman

    tinman Contributing Member
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    this was meant for Rockets fans

    if you don't understand it than you don't understand it
     
    Ubiquitin likes this.
  5. Reeko

    Reeko Member

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    smh, I HATE that he has the championship trophies just chilling at his house all the way down in Florida...disgusting
     
    tinman likes this.
  6. tinman

    tinman Contributing Member
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    are you surprised? this dude was a bond trader and invested in the predatory student loan business
     
  7. tinman

    tinman Contributing Member
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    if you don't understand this picture, you don't belong on this thread

    [​IMG]
     
  8. Reeko

    Reeko Member

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    No, I’m not surprised, but it still disgusts me. I wouldn’t be surprised if he eventually put them up for auction and sold them to some random rich dude. Smh...
     
    tinman likes this.
  9. tinman

    tinman Contributing Member
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    everything in this picture represents the worst of rockets history
    [​IMG]
     
  10. tinman

    tinman Contributing Member
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    This entire issue stems from Les pandering to China
    And doing everything for the grand purpose of him making a two billion dollar profit
     
  11. Sanctity

    Sanctity Member

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    Attacking a guy for being a financial genius to a smaller degree than other billionaires is not the best approach... I do hate the student loan debt crisis but that doesn't make Les some evil monster.
     
  12. tinman

    tinman Contributing Member
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    what about the Houston championship trophies to decorate his bathroom in Florida
    what about changing the uniforms and team colors cause you want it to look like a dildo pajama jersey?
    what about threatening to move to the team to Louisville if the city doesn't build you a stadium?
    what about completely pandering to a foreign government for money and making good seats only accessible to corporations?
     
    KDavis likes this.
  13. Reeko

    Reeko Member

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    China is basically co-owner of the Houston Rockets at this point
     
  14. Sanctity

    Sanctity Member

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    You have a point there. Especially the part about moving the team to Louisville.. *cringes* They make a great slugger but....
     

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