Michael Lee Chin (A Jamaican) Estimated Worth is US$1.9 Billion Ranked as one of the Richest Black Person in the World - Jamaican is ranked in Top Black Billionaires 2019 and Up Comers With High Potential

Wednesday, December 18, 2019
Mfonobong Nsehe, Zack O’Malley Greenburg, Luisa Kroll, Kerry A. Dolan, Chris Smith & Kurt Badenhausen
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Michael Lee Chin
10. Michael Lee-Chin, $1.9 billion
Canadian, Investments
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Michael Lee Chin
Lee-Chin, a Canadian of Jamaican origin, made a fortune investing in financial companies. He owns a 65% stake in National Commercial Bank Jamaica, which makes up the bulk of his fortune. Under Lee-Chin, the Canada-based wealth management and mutual fund business managed more than $10 billion in assets by 2002. But the firm was hit hard by the 2008 recession, and Lee-Chin sold AIC to Canadian financial services group Manulife in 2009 for an undisclosed price. more
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