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Michael Lee Chin
Michael Lee Chin Net Worth is $1 Billion. 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 cu. The Honourable Michael Lee-C...

Michael Lee Chin Net Worth is $1 Billion.

Michael Lee Chin Net Worth is $1 Billion. 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 cu The Honourable Michael Lee-Chin, OJ 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 , 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. 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 . Michael Lee-Chin also provided a $10 million gift to the Rotman School of Management at the University of Toronto. The ...
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Michael Lee Chin Latest News

Michael Lee-Chin returns to mutual funds in October

BURLINGTON The guru of “buy, hold and prosper” investing is getting back into the mutual fund business. Michael Lee-Chin, who became a billionaire by preaching that gospel, announced Wednesday he will get back into that business as soon as his ...
Posted: June 6, 2012, 8:12 pm

Michael Lee-Chin selling AIC Ltd. to Manulife

Manulife Financial Corp. said yesterday (Wednesday) it has signed a deal to buy Burlington-based AIC Ltd.’s Canadian retail investment fund business in a move to bolster its wealth management business. Financial terms of the transaction were not released.
Posted: August 12, 2009, 5:00 pm

Billionaire Q&A: Michael Lee-Chin

In September, billionaire Michael Lee-Chin sold his Canadian wealth management and mutual fund business AIC to Manulife for an undisclosed amount. Curious timing for the native Jamaican, considering his “buy, hold and prosper” philosophy, and the fact ...
Posted: November 1, 2009, 4:00 pm

Michael Lee-Chin plans his comeback

Billionaire entrepreneur Michael Lee-Chin plans a comeback in the investment fund business this fall after selling assets in AIC Ltd. only three years ago to Manulife Financial Corp. Mr. Lee-Chin, who also owns a portfolio of investments in Caribbean ...
Posted: June 13, 2012, 5:50 am

Michael Lee-Chin falls off Forbes rich list

Jamaica-born investor and banker Michael Lee-Chin is not among this year's Forbes list of billionaires ... owner of America Movil, the parent company of Claro Jamaica. Slim Helu possesses a total net worth of US$74 billion. Microsoft owner Bill Gates ...
Posted: March 17, 2011, 10:14 am
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