Michael Lee Chin Net Worth is$1 Billion
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Profession: Investor
Date of Birth: 1951
Country: Canada
Michael Lee-Chin was born in Jamaica and has an estimated net worth of $1 billion dollars. A businessman and investor, Michael Lee-Chin founded the private investment company, Portland Holdings, Inc., and currently serves as the Executive Chairman of AIC Limited in Canada. He is also the Chairman of the National Commercial Bank of Jamaica.
The Honourable Michael Lee-Chin, OJ (born 1951) is a Jamaican-Canadian business magnate, investor, and capitalist. He is the founder and Chairman of Portland Holdings Inc., a privately held investment company which owns a collection of diversified operating companies in sectors that include media, tourism, health care telecommunications and financial services. Amongst other positions, he is currently Executive Chairman of AIC Limited (a Canadian mutual fund), and the National Commercial Bank of Jamaica. In the latest Forbes Billionaires List, he was placed at number 701, with assets worth around $1.0 billion. (Though Lee-Chin's wealth has been as high as $2.5 billion in the past.) Canadian Business has named him as one of the richest people in Canada. He is also a philanthropist. In 2003, he made headlines when he donated $30 million to the Royal Ontario Museum (ROM). Michael Lee-Chin also provided a $10 million gift to the Rotman School of Management at the University of Toronto. The gift established the Michael Lee-Chin Family Institute for Corporate Citizenship at the Rotman School of Management, University of Toronto. The Lee-Chin Institute's purpose is to help current and future business leaders integrate corporate citizenship into business strategy and practices. (http://www.rotman.utoronto.ca/lee-chininstitute)
Michael Lee-Chin was born in Port Antonio, Jamaica in 1951. Both his parents were biracial, Black and Chinese Jamaican. When Lee-Chin was aged 7, his mother married Vincent Chen. Chin also had a son from a previous relationship, and the couple had a further 7 children together, including 6 boys and 1 girl.
His mother sold Avon products, and worked as a bookkeeper for various local firms, while his stepfather ran a local grocery store. He attended the local high school, Titchfield High, between 1962 and 1969.
His first job came in 1965 working as part of the landscaping team at the Frenchman's Cove Hotel. In 1966 he got a summer job working on

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Michael Lee Chin Latest News

Jamaican companies face difficulties in listing on global indices — Lee-Chin

Michael Lee-Chin, president and chairman of capital management firm Portland Holdings Ltd, indicates that companies which want to list on the leading global indices are being held back by the poor economic and social state of the island in which they are ...
Posted: October 23, 2016, 1:00 am

Jamaica’s Growth: Same Problems, Same Solutions

So as the chairman of the EGC, Michael Lee-Chin, said, we all know what the problem is and what we must ensure this time is that we implement solutions. The irony also is that we all know, and have known, what the solution is, but we have never been able ...
Posted: October 13, 2016, 1:18 pm

Every Jamaican is responsible for economic growth — Lee-Chin

Chairman of the Economic Growth Council (EGC) Michael Lee-Chin, while touting the Government’s vision of achieving five per cent growth in gross domestic product (GDP) by the end of four years – referred to as ‘Five in Four’ – posited that if ...
Posted: October 9, 2016, 1:00 am
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