Christopher Chandler

Native to New Zealand, Christopher Chandler managed to garner his impressive net worth through a joint partnership with his brother. Together, Christopher and Richard Chandler created and ran the Sovereign Group. This business conglomerate encompassed a wide range of industries such as oil refining, steel and telecommunications. In addition, the group had business dealings in electric utilities. Through this company, Christopher Chandler managed to develop a total net worth that is estimated to be at $1 billion.

Read also : The Richest People In New Zealand

The brothers were able to start this company through the sale of their parents department store. After selling the store, Christopher and Richard Chandler began earning their wealth with real estate investments in Hong Kong. Currently in his 50s, Christopher Chandler continues to be involved in the business world. In 2007, the two brothers split their partnership and Christopher created Legatum. This investment firm works to find investors willing to put money into developing markets.

Due to the success of the Legatum, Chandler was able to purchase a building within Dubai's International Finance Center. Although his brother has more wealth, Christopher Chandler still manages to be the third richest person in New Zealand. Through his impressive business dealings, he has managed to have business and stakes in companies in six out of seven continents and in many developing nations. 

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