Michael Lee-Chin: Canada's Rich Black Man

Michael Lee-Chin: Canada’s Rich Black Man

Michael Lee-Chin is a Canadian billionaire who is the founder and chairman of Portland Holdings Inc., a privately owned investment company with a diversified portfolio of assets. Michael Lee Chin has the distinction of holding the record of richest person in three different regions.

Michael Lee-Chin’s 2022 net worth is $1.71 Billion USD. He is not just richest black Canadian, he is also the richest person from Caribbean and Jamaica’s wealthiest son. Barbados’ Queen, Rihanna is the second richest with a 2022 net worth of $1.45 Billion

Michael Lee-Chin is the head of a few companies

Lee-Chin is also the Chairman of AIC Limited, which is the parent company of AIC Mutual Funds, a Canadian mutual fund company. He is the former Chairman of the National Investment Council of Jamaica, and has been active in philanthropy, particularly in the field of education.

He is a major supporter of the University of Toronto (in Canada), having donated $30 million to their Rotman School of Management, and an additional $10 million to its Centre for Global Enterprise. He is a member of the Order of Canada and the Order of Ontario.