Richard Chandler Net Worth : $2.8 Billion
Richard Chandler is quite popular in the business world for investing in struggling companies and rebuilding them as successful organizations. The majority of his investments are in the sectors of healthcare, financial services, environment, energy and consumer.
Richard Chandler is the owner and chairman of Chandler Capital Corporation, a Singapore-based investment firm. Though a native of New Zealand, he is the sixth richest person in Singapore and ranks at #502 in the Forbes list of the world’s richest billionaires.
He has a net worth of $2.8 Billion as of August 2013. He holds 80% stakes in Hoan My Medical, one of the largest private hospital groups in Vietnam. His other stakes includes 13.4% stake in Union Bank of Nigeria, minority stake in The Medical City and Vietnamese Consumer products and financial services. The medical City is the leading integrated network of branded hospitals and clinics in Philippines.
The business style of Chandler is described by his counterparts as deep value investing and he has taken a business approach to philanthropy. According to Richard Chandler, character, creativity and moral purpose define the true nature of investments as well as organizations. The unmarried bachelor has been playing an important role in rebuilding struggling companies across the globe.