Jean Salata is a billionaire and the founder and chief executive officer of Baring Private Equity Asia. He is a respected investor in the investment industry, with significant contributions to the development of the Asian private equity market.
Early Life and Education
Jean Salata was born in Beirut, Lebanon, in 1961. He completed his undergraduate degree in civil engineering at the American University of Beirut and then earned his Master’s degree in business administration from the Harvard Business School.
Career and Achievements
After completing his MBA, Salata started his career in finance at Merrill Lynch, where he worked for eight years. In 1992, he moved to Hong Kong to start his own private equity firm, Baring Private Equity Asia, which now manages assets worth over $18 billion.
Under Salata’s leadership, Baring Asia has made significant investments in companies in various sectors, including retail, healthcare, and e-commerce. Some of the notable investments include Cathay United Bank, LG Chem, and L’Occitane International.
Salata has received several recognitions for his contributions to the investment industry. In 2021, he was named one of Forbes’ 50 Asia’s Power Businesswomen.
Salata is married and has two children. He is known for his philanthropic activities and has contributed to various charities, including those focused on education and healthcare. He is also an avid collector of contemporary art and has a significant collection of works by Asian artists.
|Companies||Baring Private Equity Asia|
|Net Worth||$1.3 billion|
|Forbes url href||https://www.forbes.com/profile/jean-salata/|