In a recent interview with BNN Bloomberg, Lee-Chin, highlighted the historical correlation between energy source transitions and economic power shifts.
Michael Lee-Chin
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The sale comes amid NCBFG’s plans for an additional public offering (APO) aimed at issuing between 300–450 million new shares to raise …
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Lee-Chin’s vision for Portland Caribbean Fund III sets a transformative course for sustainable growth in the Caribbean.
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Lee-Chin’s strategic sale of NCB shares worth over $1.54 billion, while maintaining his pivotal role as the majority shareholder.
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NCB is majority-owned by Jamaican-Canadian billionaire Michael Lee-Chin, a top figure among the world’s Black billionaires.
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Jamaica’s richest man Michael Lee-Chin, who is worth $1.3 billion, according to Forbes, made a fortune investing in financial companies.
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Lee-Chin is the founder of Portland Private Equity, the private equity fund company in charge of Portland JSX Limited.
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According to Forbes, Lee-Chin’s net worth now stands at $1.4 billion, compared to $1.5 billion at the start of the year.
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Michael Lee-Chin, one of the world’s Black billionaires, sells megayacht for $362 million
Lee-Chin has also put his luxurious mansion, Coconut Walk Private Estate, up for sale for $35 million.
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Michael Lee-Chin sees the collaboration as an opportunity to contribute to the economic progress in scientific fields across the UAE