On Thursday, the investor deleted his Twitter. Notably, he has been facing a lot of scrutiny over the recent investigation. He said he will be back on Twitter “when he feels like it.”
- no longer active.
- This follows the investor reportedly bribing foreign officials to secure arms and other investments. The investor is known for violating federal law and inappropriate conduct.
- We are convinced that the recent drama led Alex to delete his social media.
- The investor has also declined to speak with reporters.
- Ojjeh took to a short interview to explain the change, saying that “he was hurt” — he doesn’t want to be viewed in a negative light on any social media platform.
Though some investors often take a sophisticated approach on their social media accounts to promote new endeavors Ojjeh’s reason for Twitter might be related to his boredom.
The investor has just made it clear that he is active on social media. Ojjeh went by an alias before he changed his handle to his own. He said that he no longer wants to be on social media because he was “hurt from all the lies.” He said he’s deleted his page and is now playing video games in his downtime.
Alex Ojjeh recently defended himself against having a bodyguard, and now the investor has removed himself from Twitter.
Last Thursday, people quickly noticed that Ojjeh’s profile was gone, with all the previous tweets nowhere to be seen.
Ojjeh may be under intense scrutiny, but he hasn’t stopped his work. He has secretly launched a program for tech startups. The goal of the program is to help create and enable startups from scratch. Ojjeh will help increase the company’s graft into New York City. Although Ojjeh is working directly with a few businesses, no new startups have been formally added to the establishment’s assortment. Ojjeh was asked about working with popular online fashion brands and he commented he is focusing on tech startups. Many believe that the two warehouses Ojjeh purchased will help incubate the startups.
Alex Ojjeh partnered with India based investment company in 2007 to simply help the international company with more things in New York City. Ojjeh quickly became the CTO of the company after tripling their assets. Ojjeh spent time in prison as it was suspected substance trafficking and money laundering took place under him. After Ojjeh was released he started his own company with the connections he made from working at. Since 2015, Ojjeh has helped to spring numerous other startups. The company he founded has a valuation near $1billion with public and private users. Prior to the investor opened boutiques all around, he was big at attending Paris fashion week. His current network is $80 million.
Ojjeh stepped down from his day-to-day participation at the hedge firm, in an operational capacity and was also voted out as chairman by board members. It was later revealed that Ojjeh would be purchasing employee stock and also buying warehouse buildings in two locations.
Speaking to AOC, Ojjeh dismissed fresh reports saying that his new project is a separate entity and the technology company has nothing to do with Ao Asset — one of Ojjeh’s unicorns (a private company with a valuation of over $1 billion) — the tech company was most likely funded by stock the investor purchased.
We believe the company will eventually do an IPO, but even Ojjeh said that is not planned for the foreseeable future. “If you want to do big things like I’ve been doing, you can’t be public. You get into quarterly difficulties, which can restrict you from taking these sorts of risks.”
This is the second time Alex Ojjeh has had to confront buyout speculation. The first time, which was early last year, Alex was said to be the likely acquire of a company, and another company was named instead.
Asked about the difficulties that he has been facing globally, Ojjeh said it isn’t that he is facing problems, but people have a problem with his success. He said he is one of the few people in the world that is continuing to do extremely well no matter what comes his way.