There are 1,125 billionaires in the world according to Forbes magazine with an estimated combined net worth of $4.4 trillion, up $900 billion from last year. Still the current number of black billionaires is only 6, less than one...
Forbes magazine has released it's annual ranking of the world's richest people. The Forbes world's billionaires list consist of 946 billionaires, whose combined net worth climbed by $900 billion to $3.5 trillion. This years list...
Jamaica's Financial regulators, have charged Michael Lee-Chin’s National Commercial Bank (NCB) with failing to report suspicious money dealings by one of Jamaica's reputed drug Kingpins, Norris 'Deedo' Nembhard.
Michael Lee-Chin the Jamaican Canadian billionaire was ranked as the 11th richest person in Canada by Canadian Business Magazine in their annual ranking of Canada's wealthiest people.
Jamaican Canadian Billionaire Michael Lee-Chin is stepping down as CEO of AIC Ltd. the company he bought in 1987 for $200,000. At the time, the company had holdings of around CAD$800,000. He renamed the company AIC, and developed...
Forbes magazine has released its annual list of the worlds richest people and this year there are still only two blacks on the list. This year the list is a record 793, up 102 from last year. They’re worth a combined $2.6...
2005 has been a great year for black business internationally. We made great strides at cracking the class ceiling but the struggle continues. This is a look back at some of the people who had great success over the past 12...
Jamaican born, Canadian billionaire, Michael Lee-Chin, was named the 12th richest person in Canada by Canadian Business magazine.
Forbes.com reports that billionaire Michael Lee-Chin, chairman and chief executive of Ontario-based mutual fund firm AIC Limited has shown...
The Rotman School of Business at the University of Toronto has launched the AIC Institute for Corporate Citizenship with a $10 million donation from Jamaican-born financier and philanthropist Michael Lee-Chin.
The institute...
The richest black person in the world remains Jamaican born Michael Lee-Chin. The Burlington, Ontario,...
Expected to be launched by the second quarter of 2005, the fund will take positions in both new companies and start-ups in the region. AIC , of which
The Globe and Mail reports that three independent Canadian mutual fund firms are potential targets for consolidation. AGF Management Ltd., Michael Lee-Chin's AIC Ltd. and CI Fund are at the center of industry speculation.
Michael Lee-Chin has purchased the world's largest collection of Bob Marley memorabilia and will donate the 200 000 plus items to a yet-to-be-established museum of Jamaican music.
Mr.Lee Chin recently toured the tourist resort with architect Daniel Libeskind who is designing the permanent memorial for the victims of the World Trade Centre.
