James Ferrari, the founder of Benjamin James Real Estate, said he is reinvigorating the ailing company with an injection of capital and a radically altered business plan he claims would give three-quarters of the company’s profits to charity.
A former male model, Ferrari left the 16-year-old company in the hands of top executive Douglas Wagner for the past few years while he focused on other pursuits, like philanthropy, music and his media company, Ferrari Media Production.
“I couldn’t have told you two years ago who worked at my company because I was on the West Coast or South Africa,” Ferrari said.
see original article here: http://therealdeal.com/2009/12/03/james-ferrari-founder-of-benjamin-james-real-estate-says-firm-to-stay-in-business-try-new-model/
