Rank #1411
Richard Chandler
Net worth $3.0B
Investments · New Zealand
- Born
- Jan 01, 1959
- Age
- 67
- Source
- Investments
- Residence
- Singapore
- Citizenship
- New Zealand
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- A native of New Zealand, Richard Chandler relocated to Singapore in 2006 where he now runs Clermont Group, his personal investment outfit.
- Clermont's portfolio includes interests in healthcare, financial services and aerospace.
- Clermont has stakes in SBFC, an Indian provider of small business loans, and Hoan My, a healthcare group in Vietnam.
- His Clermont Aerospace owns aviation engineering firm MagniX.
- Chandler previously cofounded investment firm Sovereign Global with his brother, Christopher, who now runs his own Legatum Group in Dubai.
- In 2021, MagniX won a $74 million, five-year contract from NASA to support its research in electrified aircraft propulsion.