Richard Chandler Net Worth is$2,900 $Million
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Birth Place: New Zealand Residence: Singapore Nationality: New Zealand
Occupation: Investor
Networth: $US 4 billion
Richard Chandler is a New Zealand-born businessman, who has a net worth of US$ 3.8 billion. He was formerly CEO of the Sovereign group of companies, in partnership with his brother, Christopher Chandler. Since 1986 to 2006, Sovereign invested in companies and governments in Asia, Africa, Latin America and Eastern Europe, and in industries including telecommunications, electric utilities, steel, oil and gas, banking and oil refining.
The brothers split their assets in 2007 with Richard Chandler creating Orient Global and Christopher Chandler starting Legatum Capital. Chandler's investment style has been described as deep value investing, primarily in global emerging markets and especially in distress situations.
Orient Global changed its name in April 2010: it is now called the Richard Chandler Corporation. The company website states its mission is to a??Build Prosperity for Tomorrow's Worlda?? through its financial and social investment groups.
In 2007, Richard Chandler launched a US$100 million education initiative in the developing world with the focus to build low-cost private education opportunities in India.
Richard Chandler is also the founder of Freedom to Create and the Freedom to Create Prize, an international award that celebrates the power of the arts to promote social justice and inspire the human spirit.
In 2012, it was reported that Richard Chandler considered investing in the Tasmanian logging company Gunns.

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Richard Chandler Latest News

Richard Chandler Corporation Announces Acquisition of Shares of InterOil Corporation

SINGAPORE, May 1, 2012 /CNW Telbec/ - The Richard Chandler Corporation announced today that Orchid Fund Pte Limited ("Orchid") has, on April 30, 2012, acquired beneficial ownership of 160,000 common shares (the "Acquired Shares") of the capital of InterOil ...
Posted: May 1, 2012, 9:17 am

Richard Chandler Walks Away From Gunns

Was Gunns gunning above its weight after all? Just a month after Richard Chandler Corp. emerged as a potential cornerstone investor for Tasmanian forestry concern Gunns and its proposed A$2.3 billion pulp mill, the Singapore-based investor has walked away.
Posted: March 9, 2012, 1:37 pm

Richard Chandler Corporation Invests in Union Bank of Nigeria

SINGAPORE, Oct. 18, 2012 /PRNewswire/ -- The Richard Chandler Corporation today announced that it has invested US$112 million to support the recapitalisation of Union Bank of Nigeria by Union Global Partners Limited (UGPL) consortium. This investment ...
Posted: October 17, 2012, 5:00 pm
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