Greenwich, CT (PRWEB) November 20, 2010
Robert Brooks, CEO of Progressive Investment Partners, specializes in securing leases for small oil and gas companies. In recent years he has become known as a philanthropist with his largest gift going to The American Cancer Society.
As a “Lease-Bank specialist”, he is considered to be the hottest investors in the industry and was one of the top 10 money earners in Institutional Oil and Gas Alpha’s Ranking of 25 Highest-Paid Oil & Gas Fund Managers. He was also ranked second, in a wall street publication, with an estimated current net worth of $120 million.
Brooks was born in Manhattan, the second of three children. During his adolescence he spent time with his maternal Grandfather. The two were huge fans of baseball, especially the New York Yankees. Brooks said, "I loved baseball, I lived and died for the game. I knew every player in the major league. You could pull a player’s card, and I could tell you the statistics."
Robert and his family lived modestly in a four-bedroom redbrick row house. Robert stuck close to his father and mother, with his father a bright accountant with a modestly sized firm and mother a homemaker, but decided to become an elementary school teacher and taught at different Manhattan Public Schools.
Robert attended a prestigious prep school in New York where he was good at math but never received an 'A'. Robert would ask plenty of questions as a student, but didn't study often. Although Math was an easy subject and he could memorize baseball statistics with ease, it did not translate into his academic performance.
Robert showed an interest in his father’s investments and the numbers associated with them. His father made a hobby of investing in the markets and would share his knowledge with the family over dinner. Robert showed immediate interest in his first investments, which were given to him by his father.
While in Prep School he tried his hand in acting. During his senior year he won the school's "Clark Award," for his role as "the father" in Bye Bye Birdie and received a standing ovation at the awards ceremony.
Brooks has an uncanny ability to invest in a market outside of his expertise demonstrated by being the head of a very successful Lease-Bank Fund. In the last 12 years he has generated over 60 million in profits off his leases and wells. He makes significant gains year after year by “purchasing oil & gas leases,” leading to huge profits for the company’s partners and diverse clientele nationwide.
On November 3rd, 2010 Robert announced he would make a single donation of $15M to the research of Breast Cancer after losing his wife to the disease. This donation being made after being encouraged by his good friend Paul Tudor Jones, he accepted the suggestion.
Robert, and his Lease-Fund managers James Browning and Matthew Montgomery, are currently starting a fund for underprivileged children by donating $5M to start the fund. Mr. Browning’s wife, also a breast cancer survivor, will run and manage its proceeds.