Billionaire Michael Lee-Chin-linked fund faces stunning $7-million loss
Lee-Chin is the founder of Portland Private Equity, the private equity fund company in charge of Portland JSX Limited.
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Lee-Chin is the founder of Portland Private Equity, the private equity fund company in charge of Portland JSX Limited.
According to Forbes, Lee-Chin’s net worth now stands at $1.4 billion, compared to $1.5 billion at the start of the year.
Lee-Chin has also put his luxurious mansion, Coconut Walk Private Estate, up for sale for $35 million.
Michael Lee-Chin sees the collaboration as an opportunity to contribute to the economic progress in scientific fields across the UAE
If the property is sold at the current asking price, Lee-Chin will pocket a profit of almost $22.5 million.