Jamaica with its rise in the number of businesses have been leaving a great impact in the world’s economy. The efforts of some who have made this change of expanding the economy are notable. These billionaires are the most influential people who have been contributing and are still contributing a lot towards the growing of Jamaica’s economy. They can be counted amongst the top richest Jamaicans in 2018.
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10. Sean Kingston
Kisean Anderson who goes by the name Sean Kingston on stage is a Jamaican-American singer, songwriter, rapper and record producer. His big break was in the year 2007 for his single, “Beautiful Girls” and his hit album “Sean Kingston”. He has been working as a record producer and have accumulated riches so as to be included amongst the richest. His net worth is estimated as 7 million dollars making him one of the richest Jamaicans.
9. Ziggy Marley
The son of legend Bob Marley and Rita Marley, David Nesta “Ziggy” Marley is a Jamaican musician and leader of the bands “Ziggy Marley” and “The Melody Makers”. He was born on 17th of October 1968 and has been active since 1979 as one of the renowned singer-songwriter, philanthropist and producer. He has won three Grammy awards for his contributions in Reggae music and is also known to be the one behind the title song of the famous children’s cartoon series Arthur. He has founded Unlimited Resources Giving Enlightenment (URGE). His net worth is estimated to be around 10 million dollars, thus including him in the top richest Jamaicans.
8. Sean Paul
Sean Paul Ryan Francis Henriques also known by the stage name “Sean Paul” was born on the 9th of January 1973. He is one of the most well-known Jamaican Rapper, singer-songwriter and record producer. He has been active since 1994 and have the Grammy award for the best Reggae Album to his name. The album which helped him win the title was his bestselling album “Dutty Rock”. He has contributed to a handful of associated acts with some of the renowned personalities of the music industry. He owns a net worth which is estimated to be 11 million dollars.
7. Jimmy Cliff
Jimmy Cliff (born in 1st April 1948) whose real name is James Chambers is a well-known Jamaican Musician, singer and artist. He has also been awarded with the Order of Merit in 2003 which is one of the highest laurels to be awarded by the Jamaican government for contributions in Arts and Sciences making him to be the only living musician with the title to his name. He is still one of the richest Jamaicans with a total worth of 18 million dollars.
Shaggy or Orville Richard Burrell is a Jamaican-American singer-songwriter and DJ. His first hit was the single “Oh Carolina”, the dancehall remake of a ska-hit song by the Folkes Brothers marked the dawn of his singing and DJing career. He has also been awarded with the Order of Distinction Award for his outstanding military services. His net worth is valued at around 22 million dollars and is the 2nd richest Jamaican Artist in the world.
5. Joseph John Issa
In the list of the top Richest Jamaicans 2018, the next to be included is Joseph John Issa. He is the chairman and founder of the Cool Group of companies. The Cool group at present comprises of 50 companies. Initially as an owner of a petrol station, now the Cool brand has extended itself to become a household name. He also founded the “Educate the Children Fund” in 1987 which was officially launched by Jamaica’s then Acting High Commissioner in London. As reported, his net worth as of in 2018 is estimated to be 15 million dollars.
4. Paula Kerr-Jarrett
Attorney, philanthropist and a Jamaican leader, Paula Kerr Jarrett hails from a wealthy family and is linked to the prominent Kerr-Jarett family through her husband. She has a net worth of 45 million dollars to her name. She is at present involved in the promotion of Montego Bay and has recently launched a project to establish a University, build about 1200 homes and a technology park with an area of 48 acre which as estimated will help in employment by opening about 30000 jobs.
3. Chris Blackwell
Christopher Percy Gordon Blackwell better known as Chris Blackwell is the founder of Island Records. He is a former record producer and an English businessman having his net worth to be counted at about 180 million dollars. The label “Island Records” has contributed a lot towards the popularisation of the Jamaican traditional Ska music and reggae. Starting his business by selling records from the back of his car, he went to later work with many of the famous singers amongst whom is the reggae king Bob Marley, Grace Jones and U2.
2. Michael Lee-Chin
Michael Lee-Chin is the chairman and founder of Portland Holdings Inc., an investment company which went on to own many other companies in different sectors such as media, tourism, health care telecommunications and financial services. He is currently the Chairman of the National Commercial Bank of Jamaica. Some of the companies that he owns are the Columbus Communications, National Commercial Bank of Jamaica, Radio Jamaica, Reggae beach, Senvia, Trident hotel. His net worth is 2.6 billion dollar, making him the second richest Jamaican.
1. Joseph M Matalon
Joseph M Matalon also known as Joe is a business mogul who is the primary stakeholder and the Chairman of the British Caribbean Insurance Company, ICD Group Limited and the group of companies owned by it. Other than that he holds directorship to a number of companies. He serves as the honorary chairman of the St. Patrick’s Foundation. Due to his knowledge and skills in business he also became the member of the advisory board of the Jamaican Government on the financial matters. He is named as the richest and most influential Jamaican personality of 2018.
The top richest Jamaicans of 2018 have been listed here which includes both businessmen and artists. Though many of them have been left out, it goes without saying that all of them have jointly contributed towards the Jamaican economy.