Christopher Chandler (born 1960) is a New Zealand businessman and founder of Dubai-based investment company Legatum which also provides funding for UK media channel GB News.
[3] In 1982, Christopher and his older brother, Richard, took over the business and expanded it to ten stores, adding fashion design, manufacturing and real estate, before starting to look for international investment opportunities.
[4][2] In 1986, the brothers formed investment firm Sovereign Global in Monaco to focus on transitioning industries in Russia, Latin America and Eastern Europe.
[5] According to Fortune Magazine, Sovereign “bet big on commercial real estate at the time of the transition in Hong Kong from British to Chinese control, when most of the world was profoundly pessimistic about the city's prospects.”[6] Together, the brothers deployed a “narrow and deep” investment strategy, steering large portions of a portfolio into few high conviction trades.
[2] [10] Legatum is a private, multibillion-dollar investment firm that puts money into companies in developing countries as well as the world's capital markets.
Connected to his role as the Chairman of Legatum[18], Chandler is closely associated with the formation of the international conservative grouping, the Alliance for Responsible Citizenship.
[21][22] Following these accusations, Chandler sued Donald Berlin and his company Investigative Consultants, Inc., the original source of the allegations, for US$15 million in a libel suit.
[23] The case was initially dismissed on administrative grounds due to the statute of limitations, but in 2021, Chandler successfully revived the libel suit against Berlin in appeals court.
[25] In July 2020, another MP, Steve Baker, defended Chandler in Parliament by noting that he had invested heavily in “fighting the effects of Russian wrongdoing.” Baker also noted that an independent investigation found that the allegations against Chandler and Legatum were totally false and that Legatum had since won many corrections, retractions and apologies from news outlets covering the allegations.
[33] Charles Moore, writing for the Telegraph in May 2018, wrote that Chandler "has never advanced political views or, according to Legatum employees, expressed opinions about Brexit".