IYF is a global organisation but a majority of our work takes place in the global south. Shaggy, whose real name is Orville Richard Burrell CD, is a famous reggae singer, deejay, and actor. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. There are so many rich and influential people in Jamaica. Joseph A. Matalon. Jamaica is considered an upper-middle-income country by the World Bank. She has over seven (7) years of experience in Project Management; PMP Certified and Agile Scrum Master Certified. By clicking Accept All, you consent to the use of ALL the cookies. The new chairman has singled out investments in editorial and entertainment content as being critical to the success of the business. The action you just performed triggered the security solution. These cookies ensure basic functionalities and security features of the website, anonymously. You are already subscribed to our newsletter! He is also a founder and a continuing investor in Jamaicas first venture capital network, the FirstAngels Jamaica, of which is he chairman. Linked companies : Radio Jamaica Limited - 1834 Investments Limited. [1] He is. Group Strategic Planner | B.Sc (CIS), MBA (Honors). He salutes them as visionaries and giants of the industry. He has worked in several countries in several sectors as a strategy consultant to several Fortune 500 companies. In the face of such economic woes, you must be wondering if there are any wealthy men in the Caribbean country. Mr. Matalon serves as Honorary Chairman of St. Patricks Foundation, which supports charitable activities in inner-city communities, is Chairman of the Board of Governors of Hillel Academy in Kingston Jamaica, is a member of the regional Investment Advisory Committee of the University of the West Indies, and was recently appointed to the Board of the US based International Youth Foundation. Supreme Court Judge Bryan Sykes rejected the Jamaica Observer's defence of fair comment. Public asset : 522,592 USD. Chris earned his fortune as the founder of Island Records. Father Joseph Isaac Matalon. [7] What is clear is that the Matalon group of companies which was established way back in 1962 had by the mid-nineties become desperately short of capital and had to reconfigure its balance sheet. Her net worth is estimated at $50 million as of 2022. Junior Market of the Jamaican Stock Exchange. This website uses cookies to improve your experience while you navigate through the website. ), in recognition of his contributions to the Public and Private Sectors, and to community service. He was inducted into the PSOJs Private Sector Hall of Fame in October 2018. Rita is renowned for her status as the widow of the legendary reggae musician Bob Marley. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. All rights reserved. These cookies track visitors across websites and collect information to provide customized ads. He has amassed a net worth of $10 million from different endeavours. He has also boosted his net worth with the income he received from appearances in shows such as Dragon's Den. Truth matters. During the era of massive devaluation of the Jamaican dollar and runaway interest rates of the 1990s, it fell to Joseph M. Matalons business acumen, emotional resilience and fortitude to steer ICD Group through the turbulence of high US-dollar denominated financing debt. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. Committed to helping the youth He has bagged several endorsement deals appearing in ads for brands such as Pepsi Cola, Cheetos, and Maxi King. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Previously, she served as the pro-chancellor and chair of the Council for the University of Technology (UTECH). 2. Who in Jamaica is a billionaire? It does not store any personal data. The new chairman is committed in leading a team that is motivated in honouring the legacy of these pioneers. Matalon describes former group chairmen Oliver Clarke and Lester Spaulding as being among the primary champions of press freedom and democracy in Jamaica. the subsidiaries" said Joseph M Matalon back in 2000. Kingston-born Matalon, who turned 60 on March 13, and whose substantive day job is chairman of the diversified ICD Group Limited, describes himself as a Jamaican, a family man, a bit of a policy wonk, and an avid player of table tennis. He has built his fortune with the salary he receives as the Chairman of ICD Group Holdings. In 2016 he was appointed Chairman of the Office of Utilities Regulation, serving in that capacity until January 2020. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Joseph Matalon Email & Phone Number - ICD Group.. | ZoomInfo The PSOJ has advocated for and will continue to advocate for leaders of substance, both in the private and the public sector; leaders who can truly transform this nation. Stacey is responsible for managing the Strategic Planning Office and provides support to the senior management teams of the subsidiaries on the systems, structure and culture of the organisation and their alignment with the organisations strategic plan and values. He was the founding chairman of the St Patrick's Foundation, and remains an active philanthropist. Matalon is chairman of ICD Group Holdings Limited, a diverse group of companies within the Caribbean and North and Latin America. An economist by training, he has worked as a financial analyst for large multinational company Alcoa. Jamaican business icon Joseph M. Matalon inducted - Jamaica Gleaner Joseph M. Matalon heads to PSOJ Hall of Fame - Jamaica Gleaner His work in providing educational opportunities, skills training, mentoring, apprenticeship and cultural expression for young people led to an invitation for Matalon to join the board of the United States-based International Youth Foundation (IYF), where he has served as a director for some seven years. His second album, Halfway Tree, won him the Best Reggae Album award at the 2002 Grammy Awards. 5. Who is the richest woman in Jamaica? Joseph Mayer Matalon is a businessperson who has been at the helm of 17 different companies and presently holds the position of Chairman at 1834 Investments Ltd., Ex-Officio Member at Gleaner Online Ltd. (a subsidiary of 1834 Investments . I work hard. Joseph Mayer Matalon has a keen interest in entrepreneurship and encouraging what he describes as the ecosystem that supports the growth of entrepreneurial activities in Jamaica. Previously, he served as Chairman of the Development Bank of Jamaica. This cookie is set by GDPR Cookie Consent plugin. It is his passion about Jamaica that fuels Joseph Mayer Matalons motivation and commitment to providing social and economic opportunities for young people of Jamaicas inner-city communities to achieve their potential and surpass their greatest dreams. His sense of social responsibility extended to the West Kingston-based, people-focused St Patricks Foundation for which he was founding chairman. He has topped up his bank balance with the income he receives from album sales. Bob Marley may be dead, but there are several wealthy and influential people who call Jamaica home. (Hons.) Sean is credited for bringing the Dancehall genre to an international stage. A member of the. The suit was filed because of a 2008 article published in the Caribbean Business Report. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Wayne Christopher Chen is the brother of Michael Lee-Chin. He has worked primarily in, the local manufacturing and financial services sectors, including creating, which became one of Jamaicas leading financial, and asset management companies. He has amassed a fortune of $300 million as a record producer and businessman. The article was about a bond offering by the Mechala Group in the 1990s which resulted in investors receiving 47 US cents per dollar of their original investment. Vikram is the ICD Groups, Chief Operating Officer. His net worth is estimated at $40 million. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The suit was filed because of a 2008 article published in the Caribbean Business Report. While visiting Jamaica he met and married Florizel Henriques with whom he had a happy and fruitful partnership. The African music industry has become quite vibrant of late. Matalon was a central figure in the work of the Energy Sector Enterprise Team (ESET) that piloted the introduction of natural gas into Jamaicas energy mix. Well-known businessman and philanthropist Joseph M. Matalon is to be inducted into the Private Sector Organisation of Jamaica (PSOJ) Hall of Fame. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Econ. His net worth is estimated at $20 million as of 2022. His net worth is estimated at $1.8 billion as of 2022. Mother Florizel Madge Henriques. ICD Group Holdings Location 7-9 Harbour St, Kingston, Kingston,Jamaica Description Read More Industry Its economy relies heavily on services, which account for 70% of the country's GDP. There are no details about his net worth in the spotlight. Several musical artists and businesspeople have consistently featured on the list of wealthiest Jamaicans. Joe, along with with his cousin with the same name Joseph A. Matalon, founders of The Mechala Group, were the very first recipients of the Observer Business Leader Award at its inception in 1996. / This interest has been fuelled, no doubt, not only by his decades of hands-on experience at all levels of business, but also his years of providing mentorship, work and skills training to young people who have demonstrated the desire to succeed in their own businesses. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Most of the billionaires and millionaires in the country are successful businesspeople. Sean has also pocketed an impressive sum from other sources, including tours/live shows, royalties, endorsements, and much more. Stacey is the Group Strategic Planner for all companies within ICD Group and serves as an advisor to various boards on select strategic initiatives. Next Post At the time, Matalon was President of a key local implementing partner, the Private Sector Organisation of Jamaica. The Supreme Court has awarded Joseph M Matalon $4.3 million in a defamation case against the Jamaica Observer. They had eleven children who grew up to . The cookie is used to store the user consent for the cookies in the category "Other. Yasmin Benjamin is a Human Resource Strategist and serves as ICDs Group HR Programme Manager. He boasts of several Grammy nominations and a Grammy win in 2019. Cliff is a famous reggae and soul musician, ska, rocksteady, actor, singer, and multi-instrumentalist. Before this current role, she had six (6) years experience at Jamaicas largest indigenous courier company in the transport and logistics industry, starting as a pilot and transitioning through to corporate management. Matalon first became involved with IYF back in 2009 as part of its OBRAprogramme, a USAID-funded initiative developed in response to US President Obama's 2009 Summit of the Americas call for renewed and strengthened public-private partnerships promoting greater opportunities for young people in the Latin American and Caribbean region. Check your inbox to be the first to know the hottest news. Corporate Governance advisor to several start-ups. Something has to motivate you beyond that. He is renowned for his status as the son of the legendary reggae artist Bob Marley. He has amassed a fortune of $300 million as a record producer and businessman. Joseph M. Matalon (centre) shares a jovial moment with Richard Byles (right), chairman of Sagicor Group; and Don Wehby, chief executive officer of GraceKennedy Group. Mr. Matalon is Chairman of ICD Group Holdings, a long-term private-equity investment business based in Jamaica with global investments across several industries; and Chairman of the publicly listed company RJRGleaner Communications Group the largest media house in the Caribbean with diversified operations in both new digital and traditional media. Jamaica's economy is unstable, slow, and weakened by high debt rates. The bulk of his net worth comes from the sale of music albums. "He really had struggled for the last few months. He is currently vice-chairman of the IYF, which does youth development work in about 160 countries. Whether an innate desire to create or to be of service. Matalon claimed that the article defamed him by omitting critical facts; misrepresenting other facts and portraying him as the "chief architect of a plot to fleece investors." Company Law and manages mergers, acquisitions, divestments, liquidations, and, A firm believer in the strength and resilience of Jamaicans, entrepreneurial spirit, Cristina volunteers her services as Company Secretary and. Some of his popular tracks include True to Myself, Tomorrow People, and People Get Ready. Vice President of the Private Sector Organisation of Jamaica. Tuko.co.ke published an article about the richest musicians in Africa. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. The businessman believes that family and family life are central to development of young people with both parents having the responsibility to be role models for the successful and balanced development of their children. 3. Who is the richest person in the Caribbean? He has amassed a net worth of $14 million from his studio albums. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. She has earned her net worth from different sources. She served as Bob Marley's backup singer. He is a musician, guitarist, voice actor, and singer-songwriter. This project is expected to create more than 30000 jobs. The Supreme Court has awarded Joseph M Matalon $4.3 million in a defamation case against the Jamaica Observer. Sykes also rejected the Observer's defence of qualified privilege saying responsible journalism had not been practiced. She also serves as Company Secretary of several other companies, including AMG Packaging and Paper Company Limited, a publicly listed company on the Junior Market of the Jamaican Stock Exchange. He is committed to public sector development and was a Vice President of the Private Sector Organisation of Jamaica. He wears many hats. After her husband died in 1981, she carried on his musical legacy while at the same time developing her career as a solo artist. Help us change more lives, join TUKO.co.kes Patreon programme. Focused on Entrepreneurship He has worked primarily in the local manufacturing and financial services sectors, including creating Manufacturers Sigma Merchant Bank, which became one of Jamaicas leading financial and asset management companies. For, leadership development program geared towards mindful and transformational, aspect of this includes concepts from a company called The, Conscious Leadership Group (http://conscious.is, leadership and culture by challenging business as usual by revealing unconscious, Peter Melhado is the President and CEO of the ICD Group. However, musical artists have amassed a million-dollar fortune in their careers. She is related to the prominent Kerr-Jarett family through her husband. South Plains Jamaica schedule. Joseph Mayer Matalon | LinkedIn Joseph Mayer Matalon Kingston, Jamaica 3K followers 500+ connections Join to view profile International Youth Foundation Activity IYF firmly believes that. Mr. Joseph M. Matalon, C.D., B.Sc. He is a singer, musician, songwriter, actor, dancehall rapper, and record producer. 5 Jamaican Billionaires and Their Net Worth - Epic Jamaica The bulk of his net worth comes from the income he receives from the sale of his music albums and singles. The cookie is used to store the user consent for the cookies in the category "Analytics". 2023 National Integrity Action. Businessman and philanthropist Joseph M. Matalon was last evening inducted into the Private Sector Organisation of Jamaica (PSOJ) Hall of Fame, at a formal ceremony at The Jamaica Pegasus hotel in New Kingston. Copyright 2023 The Gleaner Company (Media) Limited. Yesterday, Matalon was inducted into PSOJs Hall of Fame during a ceremony at the Jamaica Pegasus Hotel, New Kingston. Brother of pauline Ardon Matalon; Hon. Joseph Mayer Matalon is a businessperson who has been at the helm of 17 different companies and presently holds the position of Chairman at 1834 Investments Ltd., Ex-Officio Member at Gleaner Online Ltd. (a subsidiary of 1834 Investments Ltd.), Chairman of Radio Jamaica Ltd., Ex-Officio Member at Television Jamaica Ltd., Ex-Officio Member at Mul. She holds a Bsc in Aeronautical Science, with a minor in. Matalon's detention arose from a contract which was signed between his company and the Panamanian government in 2014 to supply a mobile text messaging platform known as "Criptext". Joseph Mayer Matalon is a businessperson who has been the head of 17 different companies and holds the position of Chairman at 1834 Investments Ltd., Ex-Officio Member at Gleaner Online Ltd. (a subsidiary of 1834 Investments Ltd.), Chairman of Radio Jamaica Ltd., Ex-Officio Member at Television Jamaica Ltd., Ex-Officio Member at Multi-Media Jamaica Ltd., Ex-Officio Member at Reggae Entertainment Television Ltd. and Ex-Officio Member at Jamaica News Network Ltd. (which are all subsidiaries of Radio Jamaica Ltd.), Chairman of ICD Group Ltd., Chairman at Prime Life Assurance Co. Ltd., Chairman for Industrial Finance Holdings Ltd., Chairman-Governors Board at Hillel Academy, Chairman for Youth Upliftment Through Employment, Chairman of Amber Connect Ltd., Chairman for RJRGleaner Communications Group Ltd., Chairman for ICD Group Holdings Ltd. and Chairman for CGM Gallagher Group Ltd. Joseph Mayer Matalon is also Ex-Officio Member at Television Jamaica Ltd., Ex-Officio Member at Multi-Media Jamaica Ltd., Ex-Officio Member at Reggae Entertainment Television Ltd., Ex-Officio Member at Jamaica News Network Ltd. and Ex-Officio Member at Gleaner Online Ltd. and on the board of 12 other companies. Mr. Joseph Matalon He is Chairman of ICD Group Limited and its subsidiaries CGM Gallagher Group Limited and British Caribbean Insurance Company Limited. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Scott urges fitting tribute to Isaac Matalon - Jamaica Observer Mayer Matalon is dead | News | Jamaica Gleaner Even though he is not the richest person in his family, he has amassed a $1 million fortune from various endeavours in the business world. All rights reserved. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Other subsidiaries of ICD Group include British Caribbean Insurance Company Limited (BCIC), West Indies Home Contractors, CGM Gallagher Group, and others. This cookie is set by GDPR Cookie Consent plugin. I think that is what drives the best organisational leaders, Joe M. says, providing a glimpse into the personal philosophy of a business titan who is committed to Jamaica and wedded to the concept of service to country. PJ Patterson is renowned for being the longest-serving Prime Minister in Jamaica's history. Mr. Joseph Matalon - National Integrity Action In 1984, he made his financial skills available to the family business that had been built from a modest pharmaceutical distributor in 1945 to a sprawling conglomerate by the 1980s. "We've sown our seeds wide and far," said Joseph Matalon, 67, whose family is among Jamaica's newer arrivals, having come to the island from Damascus, Syria, in the 20th century. Over the years, Cool Brand has rapidly grown into a group of more than 50 companies engaged in various activities. It is with this formidable business and service background that the former PSOJ president for three terms ascends to the chairmanship of the RJRGLEANER Communications Group, having served as a director of the group since 2016 and member of the board of 1834 Investments Limited, formerly The Gleaner Company Limited, since 1987.