Richard Samuel Elman

Richard Samuel Elman (born May 3, 1940) is a British businessman, the founder and Chairman of Singapore-listed, Hong Kong-based, Noble Group Limited. He also serves as a Member of Board of Directors of Clearbridge Accelerator.[2]

Richard Elman
Born
Richard Samuel Elman

(1940-05-03) May 3, 1940
Brighton, Sussex, United Kingdom
OccupationChairman & CEO of Noble Group Limited
Years active1986–present
Known forFounder of the Noble Group[1]

Early life and education

Richard Elman was born to a barrister father, Peter, and a mother, Frances (née Tuckman), who made women's clothes. At the age of 15, he started work as a labourer in a scrap metal yard sorting out non-ferrous scrap metal. Elman moved from the UK to the USA (marrying, for the first time, in 1962, in San Jose), then to Asia, in the 1960s.[3][4] He worked as Regional Director of Asia operations for Phibro for ten years.[1]

Career

In the early 1970s, he founded his first company, Metal Ore Asia, in Hong Kong. He sold it to Phibro in 1972.[5] In 1986, with $100,000 of his own money, he started the Noble Group.[3] In 1997, the company was listed on the Singapore Exchange. In June 2016, he announced he would step down from his chairman position. That followed months during which Noble had been criticised for its accounting practices.[6]

Philanthropy

In October 2015, Elman endowed the "Elman Family Visiting Professorship in Jewish and Israeli Studies" at The Hebrew University of Jerusalem and the Hong Kong University of Science and Technology.[7]

References
  1. "Board of Directors - Noble Group". Thisisnoble.com. Retrieved October 6, 2014.
  2. "About Us - Clearbridge Accelerator". Clearbridgeaccelerator.com. Retrieved October 6, 2014.
  3. "Richard Elman, Founder and CEO, Noble Group". Edition.cnn.com. Retrieved October 6, 2014.
  4. "Noble founder Elman turns scrap into gold". Reuters. April 27, 2008. Retrieved October 6, 2014.
  5. "Hong Kong Taipan Rebuffed by China Digs Into U.S. Natural Gas". Bloomberg. November 8, 2012. Retrieved October 6, 2014.
  6. Watts, Jake Maxwell (June 3, 2016). "How Richard Elman's Noble Empire Crumbled". Wall Street Journal. ISSN 0099-9660. Retrieved January 14, 2017.
  7. "Establishment of Israel and Jewish studies Chair". Consulate of Israel in Hong Kong & Macau. November 5, 2015.
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