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Legatum
Legatum Limited, also known as Legatum, is a private investment firm, headquartered in Dubai, United Arab Emirates. Legatum is a partnership that uses its own funds to invest globally. The firm also invests in activities to promote entrepreneurship and free enterprise as well as anti-slavery, health and education initiatives. History and business activities Legatum (meaning "legacy" or "gift") is a private investment firm based in Dubai using only capital provided by members of the firm. Legatum was founded in December 2006 in the United Arab Emirates by Christopher Chandler, who made his fortune in markets undergoing political transitions. Previously, Chandler was the president of Sovereign Global, or Sovereign, which he co-founded with his brother Richard Chandler in 1986. Sovereign invested capital in companies located in Asia, Africa, Latin America and Eastern Europe, and in industries including telecommunications, electric utilities, steel, oil and gas, banking and oil re ...
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Christopher Chandler (businessman)
Christopher Chandler (born 1960) is a New Zealand-born billionaire and founder of Dubai-based investment company Legatum. According to ''The Guardian'', he has a net worth of US$1.7 billion. Chandler has been called "one of the world's greatest contrarian investors" by ''Fortune'' magazine. Chandler is a funder of the Legatum Institute. Early life Born in Matangi, Chandler is the son of beekeepers Robert and Marija Chandler, who launched and operated Chandler House, a department store in Hamilton, New Zealand. He attended the University of Auckland, earning a degree in law in 1982. In 1982, Christopher and his older brother, Richard, took over the business and expanded it to ten stores, adding fashion design, manufacturing and real estate, before starting to look for international investment opportunities. Career Sovereign Global In 1986, the brothers formed investment firm Sovereign Global in Monaco to focus on transitioning industries in Russia, Latin America and Eastern ...
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Freedom Fund
The Freedom Fund is an international non-profit organisation dedicated to identifying and investing in the most effective frontline efforts to end slavery. In 2017, the International Labour Organization reported that on any given day in 2016, there were 40 million people living in modern slavery worldwide across a wide range of industries. The Freedom Fund was founded in September 2013, by three leading anti-slavery donors, Humanity United, the Legatum Foundation and the Walk Free Foundation and officially announced by President Bill Clinton at the Clinton Global Initiative on September 26, 2013 where he declared "this is a huge deal and we should all support this." Mission and values The Freedom Fund has set a target of raising USD $100million by 2020 and investing it to bring about much needed strategic focus to the fight against modern slavery. To achieve this, The Freedom Fund has focused its activities on three main areas: :Hotspot projects – The Freedom Fund partners w ...
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Richard Chandler (businessman)
Richard Fred Chandler (born 1958/59) is a New Zealand-bornThe Secrets of Sovereign
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businessman. He is chairman of the Clermont Group, a Singapore-based business group that invests in public and private companies across a range of industries, including energy, financial services, consumer, and healthcare. Chandler "has a reputation for buying struggling companies and successfully rebuilding them," according to Australian Broadcasting Corpo ...
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GB News
GB News is a British free-to-air television and radio news channel. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station is available on DAB+ radio. Announced in September 2020 and launched in June 2021 from studios at Paddington Basin, London (and later, also with a studio on Albert Embankment with views towards Westminster and the Houses of Parliament, used by Nigel Farage and Mark Steyn), the channel became Britain's first television news start-up for more than 30 years, since the launch of Sky News in 1989. It was set up with the aim of broadcasting "original news, opinion and debate", with a mix of news coverage and opinion-based content. GB News is described as right-leaning on political issues. GB News is owned by ''All Perspectives Ltd'', which is a holding company, headquartered in London. , All Perspectives Ltd is controlled by three significant shareholders, all of wh ...
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Modern Slavery
Contemporary slavery, also sometimes known as modern slavery or neo-slavery, refers to institutional slavery that continues to occur in present-day society. Estimates of the number of enslaved people today range from around 38 million to 46 million, depending on the method used to form the estimate and the definition of slavery being used. The estimated number of enslaved people is debated, as there is no universally agreed definition of modern slavery; those in slavery are often difficult to identify, and adequate statistics are often not available. The International Labour Organization estimates that, by their definitions, over 40 million people are in some form of slavery today. 24.9 million people are in forced labor, of whom 16 million people are exploited in the private sector such as domestic work, construction or agriculture; 4.8 million persons in forced sexual exploitation, and 4 million persons in forced labour imposed by state authorities. An additional 15.4 million p ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Walk Free Foundation
Minderoo Foundation's Walk Free initiative is an independent, privately funded international human rights organisation based in Perth, Western Australia. Walk Free works towards ending modern slavery in all its forms by taking a multifaceted and global approach. Sustainable Development Goal (SDG) 8.7 seeks to end modern slavery by mobilising the international community. Walk Free’s approach to achieving SDG 8.7 involves building a robust knowledge base to inform action and driving legislative change in key countries in partnership with faiths, businesses, academics, NGOs, and governments around the world. Through these partnerships, direct implementation, and grassroots community engagement Walk Free believes modern slavery can be eradicated. The initiative was founded by Andrew Forrest, Nicola Forrest and Grace Forrest in 2010. Walk Free are best known for their publication of the Global Slavery Index, now in its fourth edition. In 2013, Walk Free became a co-founder of the ...
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Imperial College London
Imperial College London (legally Imperial College of Science, Technology and Medicine) is a public research university in London, United Kingdom. Its history began with Prince Albert, consort of Queen Victoria, who developed his vision for a cultural area that included the Royal Albert Hall, Victoria & Albert Museum, Natural History Museum and royal colleges. In 1907, Imperial College was established by a royal charter, which unified the Royal College of Science, Royal School of Mines, and City and Guilds of London Institute. In 1988, the Imperial College School of Medicine was formed by merging with St Mary's Hospital Medical School. In 2004, Queen Elizabeth II opened the Imperial College Business School. Imperial focuses exclusively on science, technology, medicine, and business. The main campus is located in South Kensington, and there is an innovation campus in White City. Facilities also include teaching hospitals throughout London, and with Imperial College Healthcare ...
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Neglected Tropical Diseases
Neglected tropical diseases (NTDs) are a diverse group of tropical disease, tropical infections that are common in low-income populations in Developing country, developing regions of Africa, Asia, and the Americas. They are caused by a variety of Pathogen, pathogens, such as viruses, bacteria, protozoa, and parasitic worms (helminths). These diseases are contrasted with the "big three" infectious diseases (HIV/AIDS, tuberculosis, and malaria), which generally receive greater treatment and research funding. In sub-Saharan Africa, disease burden, the effect of neglected tropical diseases as a group is comparable to that of malaria and tuberculosis. NTD co-infection can also make HIV/AIDS and tuberculosis more deadly. Some treatments for NTDs are relatively inexpensive. For example, the treatment for schistosomiasis is US$0.20 per child per year. Nevertheless, in 2010 it was estimated that control of neglected diseases would require funding of between US$2 billion and $3  ...
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Times'' was purchas ...
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Pierre Omidyar
Pierre Morad Omidyar (born Parviz Morad Omidyar, June 21, 1967) is a French-born Iranian-American billionaire. A technology entrepreneur, software engineer, and philanthropist, he is the founder of eBay, where he served as chairman from 1998 to 2015. Omidyar and his wife Pamela founded Omidyar Network in 2004. ''Forbes'' ranked Omidyar as the 24th-richest person in the world in 2021, with an estimated net worth of $21.8 billion. Since 2010, Omidyar has been involved in online journalism as the head of investigative reporting and public affairs news service ''Honolulu Civil Beat''. In 2013, he announced that he would create and finance First Look Media, a journalism venture to include Glenn Greenwald, Laura Poitras, and Jeremy Scahill. Early life and education Omidyar was born in Paris, the son of Iranian parents who had immigrated to France for higher education. He was named Parviz. His mother, Elahé Mir-Djalali Omidyar, who earned her doctorate in linguistics at the Sor ...
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