The story
Founded by Christopher Chandler in 2006.1
Legatum (meaning "legacy" or "gift") is a private investment firm based in Dubai using only capital provided by members of the firm. Legatum was founded in December 2006 in the United Arab Emirates by investor Christopher Chandler. Previously, Chandler was the president of Sovereign Global, or Sovereign, which he co-founded with his brother Richard Chandler in 1986. Sovereign invested capital in companies located in Asia, Africa, Latin America and Eastern Europe, and in industries including telecommunications, electric utilities, steel, oil and gas, banking and oil refining. The Chandler brothers embarked on separate ventures following the de-merger of Sovereign in 2006. Christopher Chandler established Legatum the following December. In 2012, Legatum purchased a building in the Dubai International Financial Centre for its global headquarters. The building was renamed Legatum Plaza, and the company moved into the building the following year.
In 2015, Legatum transitioned to a partnership, consisting of Christopher Chandler, Mark Stoleson, Philip Vassiliou and Alan McCormick, providing a structure for the firm to continue operating beyond its founders.
Mark Stoleson retired as Legatum's CEO in March 2025.
From Wikipedia’s article on Legatum, shared under CC BY-SA 4.0.5