Founder
Richard F. Chandler is a New Zealand-born businessman worth $3.1 billion in March 2010, according to Forbes. He was formerly CEO of the Sovereign group of companies, in partnership with his brother, Christopher Chandler. From 1986 to 2006, Sovereign invested in companies and governments in Asia, Africa, Latin America and Eastern Europe, and in industries including telecommunications, electric utilities, steel, oil and gas, banking and oil refining.
The brothers split their assets in 2007 with Rchard F. Chandler creating Orient Global and Christopher Chandler starting Legatum Capital. Richard Chandler Corporation became the new name of Orient Global in April 2010. The website says its mission is “To Build Prosperity for Tomorrow's World” through its two divisions: Capital and Creative World.
The website further states: "Capital, our financial investment group, is a value-oriented investor focused on emerging markets and economies in transition. Creative World, our social investment group, focuses on liberating and empowering human capital and creativity, especially in developing countries. We build education systems, deliver affordable healthcare and promote women’s empowerment and creative expression."
In launching the Freedom to Create Prize, Richard Chandler said: "This Prize celebrates not only the power of art to change lives, but also the bravery of artists who use their work to fight oppression and injustice and create a brighter future for all. The entrants are global ambassadors for the power of creativity in building peaceful and prosperous societies.”
Read more about this topic: Orient Global Freedom To Create Prize
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