Frank Delape Life Story

23 Aug

The life style of many people teaches others some good thoughts and makes others to follow their good works and characters. Similarly the life style of MR Frank Delape makes some good impressions in the heart of others. You would have heard that child who brought up in some critical and unease conditions generally make their life path bad, but frank delape changed this. His father has abandoned the family and his mom has suffered a lot to take care of him and his sisters. Despite his difficult childhood, he didn’t become a criminal or drop out of school like statistics would suggest. Instead, after growing up in New Jersey, he went on to attend the United States Naval Academy, and is today a successful venture capitalist as the CEO of Benchmark Equity Group, based in Houston, Texas.

Such a boy who has been brought up in such critical conditions now holds many responsibilities in the society and living a life in which others can have him as a role model. He has spent in executive management roles of managing turnarounds for various companies for eleven years and he has worked on behalf of the Board of Directors or the sponsoring banks to recapitalize companies return them to profitability or maximize cash repayment through an orderly liquidation. He was a founder and financier of Think New Ideas, a NASDAQ NMS listed company, which later sold for over $300 million. At Benchmark, Frank has formed and been instrumental in the growth of eighteen companies. Of these, several have become NASDAQ listed, one listed on the American Stock Exchange, and three were sold, creating in total over several billion dollars in market value.

From August 2001 through October 2005, he was a Chairman of the Board of the biotechnology company Isolagen, Inc, and during his period over there he oversaw the listing of Isolagen on the American Stock Exchange, and raised over $194 million in debt and equity financings for the company. Frank  delape was a Director of Polymedix, Inc. from November 2005 until third quarter 2008 and now he is the chairman of General Land Holdings, the parent company of Island Living Resorts, where he is responsible to oversee and manage the regulatory, master planning, strategic development and partnering program, financing and management of the multiple beachfront properties owned by General Land Holdings.

Frank always enjoys on giving back to the community and he is not only giving financially to many charities, but also participates on a ground level with them as well. His motto is, “We are blessed to be a blessing.” Frank delape every year dress himself as a Santa Claus and presents gifts to children’s in the bridge over troubled waters and the reason behind this is that the incident that happened in his childhood. Frank during his childhood likes to have a baseball glove from his divorced father, but he didn’t get it and then he decided to show his love and care to abused mother and children and present them the gift what they wanted. He is an active philanthropist and his active works doesn’t ends over here and it continues.

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