Jamaican billionaire Michael Lee-Chin's Portland fund posts record $9.4 million loss
Portland JSX, the listed private equity fund run by Michael Lee-Chin's Portland Private Equity, more than doubled its annual loss to a record $9.4 million.
Michael Lee-Chin
Jamaican billionaire Michael Lee-Chin's Portland Holdings signs Turkish nuclear deal in energy push
Michael Lee-Chin's Portland Holdings has signed a new agreement with Turkish firm Nuclean to cooperate on Turkey's growing nuclear-energy sector.
Jamaica's richest man bets on cancer treatment's new innovation era
Jamaican-Canadian billionaire Michael Lee-Chin says cancer treatment is entering a transformative new phase of innovation, reflecting a broader investment thesis that connects health, technology and long-term wealth creation.
Jamaican billionaire Michael Lee-Chin is suing a bank to stop it from selling his $35 million Cayman mansion
Two Lee-Chin companies have sued FirstCaribbean Bank in the Cayman Islands to block a forced sale of his $35 million Seven Mile Beach estate.
Jamaican billionaire Michael Lee-Chin's NCBFG bets that business integration will finally deliver the returns he has been promising
Michael Lee-Chin's NCB Financial Group is betting that business integration across 24 territories will finally deliver the returns investors have been waiting for.
Jamaican-Canadian billionaire Michael Lee-Chin just told a room of students exactly how he built his fortune
Billionaire Michael Lee-Chin visited Portmore Community College and laid out his exact wealth creation principles to students.
Jamaica’s richest man Michael Lee-Chin invests $500,000 in digital ad firm Visual Vibe
Michael Lee-Chin’s Portland PJX invests US$500,000 in Jamaica’s Visual Vibe, backing the island firm’s move toward a pre-IPO expansion.
Billionaire Michael Lee-Chin’s firm to issue $300 million international bond
NCBFG, led by Michael Lee-Chin, plans a $300 million bond to repay debt and boost sustainable growth. Fitch rates it B+.
NCB Financial Group reports exceptional $139-million profit surge
NCB Financial Group's profit after tax skyrocketed by 179 percent, reaching $139 million, propelled by strategic shifts and the adoption of IFRS 17.
NCB Financial targets $50-billion profits with ambitious cost-cutting plan
NCB Financial Group, led by Michael Lee-Chin, plans to double its profits to $50 billion, focusing on cost reduction and enhancing workforce skills to compete globally.
NCB Financial Group achieves record turnaround with bold profit and efficiency goals
NCB Financial Group posts remarkable financial gains under Michael Lee-Chin’s leadership, targeting sustained growth and higher shareholder returns.
Jamaican billionaire Michael Lee-Chin boosts luxury real estate development with financing support
Jamaican-Canadian billionaire Michael Lee-Chin steps in to fund Reading Heights, a luxury residential project poised to meet Jamaica’s premium housing demand.
Black billionaire Michael Lee-Chin backs Canada’s nuclear industry
In a recent interview with BNN Bloomberg, Lee-Chin, highlighted the historical correlation between energy source transitions and economic power shifts.