Director Christopher Hohn, Britain's largest philanthropist
Today, it is difficult to surprise anyone with reports of charitable activities; each patron pursues their own goals
These are mostly one-time events, but there are exceptions to this rule. For example, Christopher Hon and his wife created a foundation to help children, which regularly receives funds from the activities of his investment company.
Manager Christopher Hohn not only quietly transfers hundreds of millions of dollars, but also actively grows those funds in his fund, completely free of charge.
Early years and education
Christopher Hohn was born in 1966 in Addleston, Surrey. There's virtually no mention of the early years of the future investor and manager of a multi-billion-dollar company.
However, it is known for certain that Christopher grew up in a fairly well-off family. His father worked as a car mechanic, and his mother was a lawyer at a reputable law firm.
Of course, the family was not fabulously rich, but nevertheless they were able to afford to give their son an excellent education.
It's worth noting that Christopher was a diligent student and worked well with his professors, for which one of them wrote an excellent recommendation for admission to Harvard Business School, where Chris was accepted and graduated with an MBA.
Career ladder
Graduating from university and receiving an MBA allowed me to make some good connections and, most importantly, receive offers for various positions from employers.
His first job was at Apax Partners, where he worked in the private equity department and advised potential investors.
After working for the company for some time, he received a more tempting offer from Perry Capital, headquartered on Wall Street.
It's worth noting that Perry Capital hired him with the prospect of him heading up the London branch, which he actually did after two years with the company.
In London, he was responsible for all investment operations and, thanks to his successful career growth, he managed to earn $75 million.
In 2003, using his own capital and the capital of many investors, he founded two funds: the central TCI, which was engaged in financial management, and the charitable Children's Investment Fund, which was managed by his wife.
The most interesting thing is that Christopher Hon came up with a rather interesting scheme for filling the charitable foundation: he transferred half a percent of the central fund's assets per year, and also another 0.5 percent if the fund closed with a profit of more than 11 percent per annum.
Thanks to this scheme, it was possible to transfer more than $1 billion to the charitable foundation.
The charitable foundation, managed by the Hong couple, actively helped children from poor families in India. Moreover, the foundation allocated huge funds to the purchase of medicines for HIV-infected children, as well as to a number of other programs for the purchase of expensive medications.
In fact, for his active charitable work, the Queen of Great Britain awarded Christopher Hon the title of Knight Commander of the Order of St. Michael and St. George.
Unfortunately, the wonderful partnership between Christopher and his wife, Jamie, broke up in 2013, followed by a huge legal battle, resulting in his wife winning a $500 million settlement. Christopher's personal fortune is currently estimated at over $3 billion.
