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Felix Baumgartner became the first skydiver to go faster than the speed of sound. He reached a speed of 834 mph. While this is a financial website lets not forget the big money involved here. Eight million people tuned in to watch the live streaming of the jump. Some analysts value the publicity that Red Bull, the sponsor, got from the stunt at tens of millions of dollars. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business’ Varney & Company to examine financial millage that Red Bull not only got but what it is looking forward to getting.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: ed butowsky, felix baumgartner, financial advisor, financial website, red bull, skydive, sound barrier, speed of sound, wealth manager