Jim Mellon

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Jim Mellon (born February 1957 ) is a British billionaire and businessman.

Life

Jim Mellon was born in Edinburgh in February 1957 . His father is the former diplomat Sir James Mellon. He was Ambassador to Denmark from 1983 to 1986 , High Commissioner in Ghana from 1978 to 1983 and Consul General in New York from 1986 to 1988 . The family is distantly related to the Pittsburgh Mellon banker dynasty . He holds a Masters degree in Political Science , Philosophy and Economics from the University of Oxford .

Career

After graduating from university, Melon worked with Richard Thorton at Griffin Thorton (GT) from 1979. He left this position in 1984 and worked as a fund manager in Hong Kong for four years .

In 1992 he founded the investment company Regent Pacific with Jayne Sutcliffe. Sir John Templeton was their first customer. In the 1990s, Mellon made spectacular sales in transforming Russia into a market economy . Also in the 1990s, he founded the asset management company Charlemagne Capital.

The 1998 Russian financial crisis was catastrophic for Regen Pacific as investments in the company's Russian and Eastern European funds became almost worthless and most of its liquidity was tied up in local currency bonds.

When Regent Pacific acquired a stake in Hambros Bank , Mellon launched a public assault on the board work that preceded the bank's liquidation. This, and Regent's methods of breaking closed funds, led to a 1997 Business Week article calling him and the company's investment director, Peter Everington, "The Bad Boys of Emerging Markets." In 2009, Mellon said, "In hindsight I was too loud and I haven't done it again - I'm more behind the scenes now".

Together with Stephen Dattels, Mellon founded the uranium mining company Uramin in 2005 for just $ 100,000 . The company, which was listed on the stock exchange in 2006, was sold to Areva the following year for around £ 1.6 billion , making a profit of £ 80 million. Areva later suffered a massive decline in the value of uramine . Mellon continues to be the non-executive chairman of Regent Pacific and the executive co-chairman of the board of Fast Forward Innovations (formerly Kuala Innovations ) and non-executive chairman of Speymill Deutsche Immobilien Company , Port Erin Biopharma Investments Limited and SalvaRx Group PLC ( formerly 3Legs Resources ). He also holds non-executive directorships at Condor Gold PLC , Bradda Head Limited (formerly Life Science Developments ) and Portage Biotech Inc. and is the founder of Mann Bioinvest .

He is also chairman of Burnbrae Asset Management and Manx Financial Group PLC, the parent company of Conister Bank. Arron Banks owns 25% of the bank. Mellon also has financial ties to Banks through Webis Holdings PLC (watchandwager.com), a gaming company in which Burnbrae has a controlling interest and Sir James is a director. In 2008, Banks acquired "reportable shares" in the company, held in part by its Southern Rock insurance group.

politics

In 2009, Mellon was a leading funder to Prime Minister David Cameron , criticizing the Labor government's "insane actions against the non-residents who bring so much money and expertise to the country." Mellon was reportedly the one who first introduced Arron Banks to then UKIP leader Nigel Farage .

He donated at least £ 100,000 to campaigns for the UK to leave the EU in 2015.

In March 2016, Mellon said that he was less "ideologically committed" to Brexit than his friend Arron Banks, and that there were "good arguments on both sides" in what he considered to be a "nuanced" debate.

In November 2016 he called the euro an "unsuitable mechanism" and gave it a remaining lifespan of one to five years.

philanthropy

Mellon donated to Oriel College , a founding institute of the University of Oxford . The money was used to build a dormitory. The James Mellon Hall was opened by Queen Elizabeth II in November 2000 . Mellon also donated £ 100,000 to the Institute of Healthy Aging at UCL . With this money, a 3D SIM microscope could be purchased. He donated more than £ 25,000 to the Methuselah Foundation , which aims to promote the "fight against aging". In November 2018, Mellon donated £ 100,000 to the SENS Foundation .

Private life

Mellon lives on the Isle of Man . In 2000 he was the largest landowner on the Isle of Man.

In 2012 he also had residences in Ibiza , Berlin , San Francisco and Brussels .

Mellon is on horse racing interests and owns the racehorse Toffee Galore.

Publications

  • Wake up! Survive and Prosper in the Coming Economic Turmoil (2005)
  • The Top 10 Investments for the Next 10 Years (2008)
  • Top Ten Investments to Beat the Crunch! (2009)
  • Cracking the Code (co-author) (John Wiley, 2012)
  • Fast Forward (2015)
  • Juvenescence: Investing in the Age of Longevity (2017)

Individual evidence

  1. ↑ a b James MELLON Total number of appointments 7. In: companieshouse.gov.uk. Retrieved February 7, 2018 .
  2. ↑ a b c It's Going to the Dogs ... In: spearswms.com. September 29, 2009, accessed August 30, 2019 .
  3. ↑ a b c Jim Mellon. In: burnbrae.com. Retrieved February 7, 2018 .
  4. ↑ Jim Mellon - Mann Bioinvest. In: mannbio.com. Retrieved February 7, 2018 .
  5. ^ Jim Mellon, Now is the time for Britons to buy European property. In: telegraph.co.uk. March 19, 2015, accessed February 7, 2018 .
  6. ↑ a b The energetic Jim Mellon is a man of many parts, writes Charlotte Parsons. In: scmp.com. February 21, 2000, accessed August 29, 2019 .
  7. ^ The Bad Boys Of Emerging Markets. In: bloomberg.com. June 23, 1997, accessed February 23, 2020 .
  8. ↑ a b I'm an opportunistic plagiarist. In: ft.com. June 29, 2012, accessed February 23, 2020 .
  9. ^ Britain's answer to Warren Buffett backs the biotech sector in new investing book. In: thisismoney.co.uk. July 9, 2012, accessed February 23, 2020 .
  10. ^ Regent Pacific Group Ltd. In: reuters.com. Retrieved February 25, 2020 .
  11. ↑ FastForward Innovations Ltd. In: reuters.com. Retrieved February 25, 2020 .
  12. ↑ Salvarx Group PLC. In: bloomberg.com. Retrieved February 25, 2020 .
  13. ^ Board of Directors. In: regentpac.com. Retrieved February 27, 2020 .
  14. ↑ man BIOINVEST Limited. In: www.burnbrae.com. Retrieved February 27, 2020 .
  15. ^ Jim Mellon (Contributor). In: cityam.com. Retrieved February 7, 2018 .
  16. ^ Holdings in Company. In: webisholdingsplc.com. June 9, 2008, accessed September 4, 2018 .
  17. ↑ Major Shareholders. In: webisholdingsplc.com. March 21, 2018, accessed September 4, 2018 .
  18. ↑ Board Members. In: webisholdingsplc.com. Retrieved September 4, 2018 .
  19. ↑ Farage's millionaire donors find ways to save money on tax. In: thetimes.co.uk. October 3, 2014, accessed February 27, 2020 .
  20. ↑ Russians Offered Business Deals to Brexit's Biggest Backer. In: nytimes.com. June 29, 2018, accessed February 27, 2020 .
  21. ↑ Millionaire Jim Mellon backs £ 20million 'anti-politics' campaign to leave EU as name revealed. In: telegraph.co.uk. July 11, 2015, accessed February 7, 2018 .
  22. ↑ Brexit backer calls halt on scaremongering. In: ft.com. Retrieved March 6, 2020 .
  23. ↑ Investor who predicted Brexit now says the euro will collapse. In: independent.co.uk. November 29, 2016, accessed February 7, 2018 .
  24. ^ City Diary. In: telegraph.co.uk. November 11, 2000, accessed March 10, 2020 .
  25. ^ Philanthropic Donation to the Institute of Healthy Aging. In: ucl.ac.uk. October 23, 2017, accessed March 10, 2020 .
  26. ↑ The 300th In: mfoundation.org. Retrieved March 10, 2020 .
  27. ↑ Annual Report 2019. In: sens.org. Retrieved March 10, 2020 .
  28. ↑ Toffee Galore. In: horseracingnation.com. Retrieved March 10, 2020 .
personal data
SURNAME Mellon, Jim
BRIEF DESCRIPTION British billionaire and businessman
DATE OF BIRTH February 1957
PLACE OF BIRTH Edinburgh