[25] Viola has endowed the Avery Cardinal Dulles, S.J. A very tall fellow, ramrod straight, and he wore the Silver Star, and I can remember he taught us small unit tactics in military instruction either my Plebe or my Yearling Year. It was really the trigger for me to leave the Army, actually. [9] Upon graduating from Brooklyn Technical High School, Viola attended the United States Military Academy. The suit asks a judge to force the company, Virtu Financial Inc., to produce its books and records for inspection by the plaintiff the pension fund of Toledo, Ohios Iron Workers Local No. Viola and other pre-IPO insiders continue to directly own units of Virtu LLC that are economically equivalent to Class A shares. March 23, 2021 11:15 AM. And about five minutes into the gathering, I see these adult men crying and grabbing my dad, and lo and behold they had remembered how they were starving, and how in the war he brought them a truckload of food, and actually stood with them for two days, as I remember now. My management leadership operation, dare I say, capacity, capability, is bounded in the skills around platoon leadership. And look at me, actually, instead of at the camera. Im sure there were. I think youthis place overwhelms you in a positive sense. The honor committee became basically a full-time job for him, to the point where, as I remember, he missed many classes. What was your own attitude about the Vietnam War at the time? It had to be temptingI mean tempting literally, but it had to temptyou had to look at it and think, Wow, Im going to go back, and Im going to go through this rigorous schedule, and theyre going to go off and have fun, and play, and listen to rock and roll, and. The San Francisco 49ers head into NFL free agency in a less-than-stellar salary cap situation. Im sure that Spring of 1976 through the Spring of 1977 was one of those periods. He received his juris doctor degree from New York Law School in June 1983,[1][12][13] but did not complete the bar exam. This is very, very unique. And you are taught here that you have a responsibility unlike any other profession, because when you are engaged in combat and you are firing upon an objective and maneuvering to take it, you are going with forethought to make decisions knowing that theres a great chance the person that you send forward to execute either fire or maneuver is not going to come back. [8], Viola began his business career as a trader in the New York Mercantile Exchange (NYMEX) in 1982, raising $10,000 to purchase a seat on the exchange. What was your. Vincent James Viola, Jr. of Troy died May 17, 2022. And we were the first class to actually enter after the war had officially ended, which was, I think, January 12, 1973. Because now it had elevated past the control of the Corps, and it became a challenge to the administration of the Academy. That. In contrast the Class A stockholders, who through Virtu own nearly 2/3 of the units of Virtu LLC, have received only $208.4 million in cash dividends during this same period. I think hes not removed. And Im sure it was enormously evolving around the subculture here or impactful on what was going on outside the gates. Cherished Father to Cookie, Joni Riggio (Bob), Susan Donohue (Jim) and Carol Bivona. Thats good, because the principles at demand for combat leadership, they really dont change. But you have to understand one thing: to a soldier, the craft doesnt change. TRD Staff. Despite the fact that when we were off-post, or when we would observe the civilian world, it was a very almost non-linear set of conditions. Military Times reported that Viola had been searching for ways to divest from his business ventures, including transferring ownership of the Florida Panthers to his family members and transferring responsibility for operations to Vice Chairman Douglas Cifu. The upper classes led the military formation of the cadets as much as the staff here, so its a very unique environment. He retired later on as a lieutenant general from the Army. In 1983, he graduated from New York Law School with a juris doctor degree. 2023 Forbes Media LLC. All Rights Reserved. He was for several weeks President Donald Trump's nominee for United States Secretary of the Army, before withdrawing from consideration. Viola and Teresa are both involved in horseracing as the owners of St. Elias Stable and Teresa Viola Racing, respectively. And I remember a real almost unquestioning allegiance to the idea that this was Gods will, and fate had interceded in this mans adventure, the way it was meant to be, and he died an honorable death. Wonder when the last time the Panthers wrote Broward a rent check? When the distaste for the Army was at a peak. Months after her Trump indignity, U.S. Judge Aileen Cannon catches Two years after Stop the Steal insurrection at the Capitol: Trumps SoFla lawyer Ticktin faces fourth Bar ethics probe after Florida kept paying millions for a contact tracing app after Roger Stone offers to settle $2 million tax case after New judge recycles Justice Francis dubious playbook for West Palm Beach family court case she left behind, Browards killer sheriff faces twin probable cause findings of perjury as state dawdles and months roll by. So my dad went to his captain and asked him if he could go and see his family, these small hamlets in the mountains in the south of Italyare very interesting and isolated subcultures. But what it was like was, again, a very Spartan environment, and Im sure the differenceor as I like to say, the arbitragebetween what life was in the civilian world for entering cadets on July 2, 1973 and life at the academy, Im sure that difference was in fewer times in our nations history larger, because the society had undergone a social revolution. You transform to depths that youre not aware of. Panthers owner and Army secretary nominee Vincent Viola allegedly punched a concessions worker at a racehorse auction in Saratoga Springs, New York, on Aug. 8, according to a police report. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Did you knowyou mustve known some of the cadets that were involved with this. All Rights Reserved. Now, my roommate is a person you should interview for this. Yet, basic information about Violas apparent siphoning of hundreds of millions of dollars remains unknown. Yeah, yeah. 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? I remember distinctly we had a special arrangement with the Essex Hotel where we could stay there for $21.00 a night. Goodman wrote Viola "had a nasty temper, but [predecessor chairman Lou] Guttman says he didnt lose control of his emotions easily" and that "beneath the spit and polish he was still a tough guy from Brooklyn." REGISTERED AGENTS INC. Mr. Viola, 62, bought the property on East 69th Street and Fifth Avenue in 2005 for $20 million, according to PropertyShark records. Its a small town nestled in the Valiano region of, mountainous region of BasilicataBasilicata is the region, Campania is the greater region. Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. He is the son of the late Thomas and the late Caterina (Verrastro) Viola. And of course, my class suffered the honor scandal of 1976. It was, yeah. Now, didare you the first to go to West Point in your family? 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. And very other senior persons from a bipartisan commission, and after reviewing the conditions which led to the honor code breaking, so to speak, one of the recommendations from the commission was that each of the cadets found guilty would be given a chance to return with the class of 1978. And now you had groups who wanted to make sure that civil liberties and personal liberties were not violatedin fact, I think the ACLU mightve gotten involvedand then the civilian lawyers who got involved to represent these cadets. And they said to me, Vinny, you have to do this. I started law school in the evening, because basically my mother told me to, to be quite frank, and. 954-603-1351, Florida Bulldog Absolutelyyeah, it did. Well, the Academy had a duty to then examine and investigate every one of those charges or derivative of accusations. [3] In December 2021 they paid $19.725 million for a six-bedroom, six-bathroom single-family beachfront home on the Gulf of Mexico in Boca Grande, records show. Im just trying to understand this. Tell me about Branch Night for youwhat did you choose? 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). In fact, my first company commander is a very, very successful soldier, the class of 1975, Lieutenant General Benjamin Freakley. Many just did it almost as a social activity. The actress was born the fifth of six children in St. Matthews, South Carolina, in her grandparents' house, where her grandfather was a sharecropper on a plantation. Under Mr. Viola's stewardship, the Florida Panthers Foundation has refocused its mission on serving veterans, in addition to investing in children's education, conserving the endangered Florida panther, and growing youth hockey with an emphasis on furthering diversity, inclusion, and access to the game. West Point had not undergone a social revolution, for obvious purposes. If you could just actually spell your name for the transcriber. You felt that from the first day, because it wasthe first day is transformational. The protection of civil liberties was being focused upon. (Getty) The 59-year-old Viola is currently ranked #474 on the Forbes 400 list and is ranked #338 among billionaires in the U.S. He is also Chief Executive Officer of Virtu Financial, one of the nation's foremost providers of financial technology products and services, which he co-founded along with Panthers Owner, Chairman, and Governor Vincent J. Viola in 2008. I mean thats really the immigrant story, isnt it, really? It was absolutelyI would say that is the nadir of theIm sure in the history before my lifetime, the Academy has come under the threat and challenge of its premise. Maybe because my family had grounded in me a deep love of the country and a deep love of service to the country, I saw through that. Yes. He was a devout Airborne soldier named Sidney Berry. You said osmotic, but sort of how didwhat were the core elements that you took away from here that led you to feel that you were a leader, not only in the world of the Army, but out in the civilian world, too, where youve had enormous success, and where you have taken some of what youve learned and applied it to the outside world? He took illthis is before his heart attack, though. And. He was for several weeks President Donald Trump 's nominee for United States Secretary of the Army, before withdrawing from consideration. Viola splurged on real estate with stock sale proceeds, buying a beachfront Florida condo and spending $108 million on Arizona's tallest skyscraper. The Brooklyn Heights home of billionaire Vincent Viola and his wife, Teresa, sold for $25.5 million in a deal that went through on Christmas Eve, according to public records. Im kind of grasping back. A graduate of the U.S. Army Ranger school, he served in the 101st Airborne Division and later attained the rank of Major in the Army Reserves. It was a combination of hearthe had congenital heart disease that went undiagnosed, and just was rendered incapable. If you are slightly potentialed to want to be hereslightly potentialed in your deepest personality to be selflessif you have the United States of America as part of your core identityyou have to understand that the rewards of selfless leadership are enormously infectious. My dad took ill during my Yearling Year, and I was theI had become quickly the sole source of leadership in my family, and. [14] Viola was also one of the two partners who launched EWT, LLC and Madison Tyler, LLC, two electric trading firms formerly based in Beverly Hills, CA and was able to use the electronic trading technique to his own personal gain making him one of the richest men in the world. An entrepreneur, philanthropist, and veteran of the United States Army, Mr. Viola is a Brooklyn, N.Y. native and graduate of both the U.S. Military Academy at West Point and New York Law School. Did it look to you at all, though, like the kids, guys back at home your age who were doing the drugs, were having more fun than you did? Anyway, to make a very, very long story short, we get to the town, people start collecting around my dad spontaneouslybecause its a very small town, even in 1980. And therefore, thats why the scandal happened. I think he finished his term, as I remember. "[17], As of December 2016, Viola had a net worth of $1.78 billion. Related by education: New York Law School. I think General Goodpaster became the Superintendent the following year or the following year. When General Goodpaster comes back, is that right? 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. [14] Prior to and following the Gulf War, Viola earned millions of dollars betting on oil prices. We only knew we wanted to serve our country. People of your generation did not usually want to enter the Army at this point. So here you are in Central Park South, a young man, and you are standing on Central Park South. Mr. Viola is also Co-Founder and Chairman Emeritus of Virtu Financial, one of the nation's foremost providers of financial technology products and services, and former Chairman of the New York Mercantile Exchange (2001-2004). The Official Site of the Florida Panthers. Vincent J. Viola is the Chairman, Owner and Governor of Sunrise Sports & Entertainment and the National Hockey League's Florida Panthers, as well as Chairman of the Florida Panthers Foundation. Whats Next? 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. P.O. His father's Army service made a significant impression on Viola as a youth. 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. Since his purchase of the Florida Panthers franchise in 2013, Mr. Viola's leadership, investments in the local community, and dedication to growing the game of hockey in the State of Florida have not only transformed the team's on-ice performance-leading to a 2021-22 Presidents' Trophy win for most regular-season points-but helped to expand interest in the sport across the Sunshine State while making a positive impact in the lives of South Floridians. The Ft L Commissioners lead by Dean to be honest, WERE STAR STRUCK BY PANTHERS LOBBYISTS CAMPAIGN CONTRIBUTIONS, but as a Commissioner said to me privately after I protested the proposed deal, Who cares what we do? (except the lobbyists)? He was for several weeks President Donald Trump's nominee for United States Secretary of the Army, before withdrawing from consideration. He was for several weeks President Donald Trump 's nominee for United States Secretary of the Army, before withdrawing from consideration. In 2017, their horse, Always Dreaming, won the Kentucky Derby. website designed by wwdb integrated marketing, Video: Bob Graham on Unanswered Questions of 9/11, please make your tax-deductible contribution today. But there's a ton that can be done to help this team be active after another NFC Championship Game appearance. [2] He is the former chairman of the New York Mercantile Exchange , and the founder and chairman of Virtu Financial. Donald Trump appointed Viola to be Secretary of the Army in December 2016 but He owns valuable New York real estate: Viola owns a 20,000-square-foot townhouse on the Upper East Side of Manhattan, near Central Park. So Im sure people probably didnt have it as an academic priority like, lets say, the social sciences paper that we had to write our first class year. The conduct of these honor committee hearings was going on. Doctor of Jurisprudence, New York Law School; Bachelor of Arts/Science, United States Military Academy. Viola is the owner of the NHL Florida Panthers. That date might be wrong, but I think the armistice peace treaty was signed January of 1973so everyone in the class had applied with the foreknowledge that we were a nation at war, and yet before we entered, it was a nation now post-war. For me, it was almost the opposite, because when I would go off-post, Id return to my neighborhood, which is very small, parochial, patriotic neighborhood, so I was heralded every time I would go home. I guess thats where success on the battlefield really stems fromthis almost deep well of unassumed courage and unassumed dedication to your soldiers. I remember as a young man unrealistically wanting to go to Vietnam. In World War II. And you learn them here from the first day youre here. Now, maybe thats not the experience for every cadet, but I would say a vast majority, a solid amountmaybe majority, vast majority of people who leave the Army after five years leave a part of themselves with the Army, and have to have a feeling theres a void thereabsolutely. It's the most . [15] Viola took Virtu Financial public in April 2015, trading as a NASDAQ listed company (VIRT). Cool on honor meant to the people who apparently would cheat and collaborate was that you were okay with collaborating or cheating. And I remember hearing that, in fact, a group of professors had seen identical submissions from cadets, and it was uncanny, and therefore, they began to investigate. They had been in companies that basically had been very, very broad in its definition of honor. And the cadets that were here had gone through a traumatic experience, because the class of 74 entered in the, I guess, summer of 70. Vincent Viola and 2 Pierrepont Street (Getty, Google Maps) Tenants at 2 Pierrepont Street, a Brooklyn Heights rental building, filed a lawsuit against . Some of these very general storiesnot too specificand I thought West Point would be the best place to attempt to become commissioned. Yeah, I thinkyeah, I do. My mom had two of her brothers and five nephews in combat. The mansion has bounced on and off the market since 2013. Chair in Catholic Theology at Fordham University.[26]. And my dad received a V letter from my grandfather, commanding him, basically as strong Italian fathers will do to their sons, that he must go visit his relatives in the village where my dad was actually born. Did you find yourself when you would travel off being mocked and harassed by people? Viola was a former infantry officer who served in the 101st Airborne Division. My dad was three years old, approximately, when they came to America. We appreciate your gererosity! [4] He is also the owner of St. Elias Stables and co-owner, with fellow Brooklynite Anthony Bonomo, of the 2017 Kentucky Derby winner Always Dreaming. She didnt have any skills, per se, except to be a housewife. And the academy was a place where those inputs werent really defining the environment. And my dad said to me, Before I pass, I want to go to the village. And so in April of 1980, we went to this villageI had never been therewhere my dad was born. Your father wasin that period your father was suffering from what? The San Francisco 49ers are going to undergo some dramatic changes to their coaching staff this offseason following the departure of DeMeco Ryans. If no results appear, use Enter to do a full site search. So there are somethere are a couple of capstones in that journey. The relationship between him and the nation was ephemeral, and so when youre raised around that, you really get a sense that there are principles at work and mechanisms at work much, much more important thantheyre gifts. 118 records for Vincent Viola. So were you investigatedwas every cadet investigated for their commitment? In December . So Ill give you an example, From the 101st Airborne to the Trading Floor. Most all of themI dont remember any that wasnt. I always knew I wanted to be an Infantry officer. How does that happen here? At a peak. Photo by Eliot J. Schechter/NHLI via Getty Images. So what was it like? As Chairman of the New York Mercantile Exchange (NYMEX) from 2001-2004, Mr. Viola's decisive leadership, guidance, and untiring efforts were credited with leading NYMEX's reopening following the terrorist attacks on the World Trade Center on September 11, 2001. When you click on the link below, you will be taken to the West Point Association of Graduates website and instructions on how to give to the Center. Fort Lauderdale, Fl. Never wanted out. 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. Vincent Viola, a member of the USMA Class of 1977, recounts entering West Point at the end of the Vietnam War and details the cheating scandal of 1977. Mr. Viola and his wife, Teresa, have three sons - John, Michael, and Travis - and several grandchildren. Sign up now to get updates and email alerts when new interviews are released. [21], After the 9/11 attacks, Viola helped found the Combating Terrorism Center at West Point, and was the principal funder at its creation. Box 23763 [16], Leah McGrath Goodman's 2011 book, The Asylum: The Renegades Who Hijacked the World's Oil Market, describes Viola and his temperament. Branch of THREE BROTHERS FAMILY OFFICE LLC (New York (US)) Agent Name. Dan Christensen You have to study battle. My dad was a combat support officer. Its very hard to come here and notleave not having a selfless sense of what duty means, what honor is, and the importance of your country. He drew people in. 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. 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. And I remember as a young man saying, Thats his life. A British financier has snapped up billionaire Vincent Viola's Upper East Side townhouse at 12. Right. What can security professionals do today to offset the threat of a catastrophic cryptography failure? The numbers are staggering. You wanted to be that guy. So it was a pretty challenging situation, and I decidedand even myheres the thing about the Army thats very hard to describe until you experience it. Vincent "Vinnie" Viola is an American billionaire businessman and U.S. Army veteran. So theyand this is my perception. Cause she wanted you to have another skill. You were always very good at mathematics. I was always pretty good at mathematics. So you had to be something of a maverick to want to stand up and say, Im going to go to the [United States] Military Academy now, particularly in the middle of the Vietnam Waror actually, at the end of the Vietnam War, even more. So my class would be a fascinating study. Be the first to know! at Columbia Law School. [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. I think you teach leadership by living leadership. So this family pulsed with a patriotic sense of duty to this country that gave us a great life. I think our class did feel shame and does feel shame, because I think our class, in some ways, bore an enormous unspoken responsibility. Im sure theres some of that. COPYRIGHT 2014 WEST POINT CENTER FOR ORAL HISTORY. Standing in formation, being of correct order, marching in formationso youre physicalizing on your leadership ability, and it was the same always. The son of a truck driver from Brooklyn, Vincent Viola started electronic-trading firm Virtu Financial in 2008 and took the company public in 2015. The Hong Kong billionaire developer sees silver lining in mainland Chinas property market turmoil, readies master plan to hand over group to next generation. No fake news 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. My dad hadnt been there since. Did you feelyou mustve felt disappointed and. So as I remember, there was a period where cadets basicallycadets who were charged basically claimed that everyone cheated at the Academy, and the honor code wasnt being upheld. [27] In January 2021, they sold their townhouse in the Brooklyn Heights Historical District for $25.5 million, setting a borough record. Some of the cadets that were indictedif I dare say that wordwere indignant. And I was born in a neighborhood that was very close to Wall Street, and the generation before mecause Wall Street always had a demand, especially in those days, for pretty much cheap labor. But I could see over the period of those of us who stayed and again, during my years, attrition was fairly significantthe people who stayed, sown into their souls almost, were those principles and that commitment to service. I had an enormously fascinating experience around the honor scandal. And I dare say that almost to a man, an officer, at some point during your term of instruction with that officer, he would stop class, either prompted by a question from a cadet, or prompted by a memory or desire to teach, and describe a combat situation he was in, or describe the rigors of combat, and teach what he came away from the Vietnam experience, and what he thought were eternal principles of the American Army in combat. Vincent Viola, age 86, of Brooklyn passed away Saturday, January 11, 2020. Viola later withdrew, however, citing business conflicts. Exactlywouldve shifted, then, before you actually completed your. The home is held in the name of a Delaware corporation using the propertys address. Your father wasin that period your father wasin that period your father was suffering what! The Valiano region of, mountainous region of BasilicataBasilicata is the owner of cadets... Through the Spring of 1977 was one of those periods, didare you the first youre! 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Of Troy died May 17, 2022 a devout Airborne soldier named Berry! A social revolution, for obvious purposes done to help this team be active after another NFC Championship Game.! A soldier, the Academy was a former infantry officer who served in the skills around platoon leadership appear! Worth of $ 1.78 billion successful soldier, the craft doesnt change heart disease that went undiagnosed, and was. Is the former chairman of Virtu Financial Francisco 49ers are going to undergo some dramatic changes to their coaching this! Her brothers and five nephews in combat very successful soldier, the craft doesnt change [ 15 ] Viola Virtu! Of December 2016, Viola attended the United States Military Academy now, my class the! Was one of those charges or derivative of accusations your soldiers all of themI remember. Is an vincent viola brother billionaire businessman and U.S. Army veteran around the honor scandal of 1976 through the Spring 1976. 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