Recognized around the world as a highly successful entrepreneur and philanthropist, Stan Bharti is the founder and CEO of Forbes & Manhattan, a Toronto-based international merchant bank and finance house. With over 30 years of experience in agriculture, energy, mining, technology, and finance, Mr. Bharti is a professional in his industry, which dominates at what he does.
Mr. Bharti was born in India’s Punjab region and was raised there until the age of 16. After high school, he was awarded a scholarship to Moscow’s Peoples’ Friendship University, where he graduated with a degree in engineering before relocating to the United Kingdom to acquire his masters in the same field. Following his studies, Mr. Bharti worked in Africa for a short period before finally moving to Canada.
He found a position as a senior executive for a prominent international mining company called Falconbridge Ltd, now known as Glencore. Not long after, he decided to move onto new things, including starting his own consulting firm in 1988, specializing in mine development and turnarounds. Mr. Bharti worked on it before stepping away in 1995 to launch Forbes & Manhattan.
With over 1,000 staff made up of professionals from numerous locations and fields, from engineers to geologists to investment bankers, Forbes & Manhattan dominates the industry. Their main headquarters is located in Toronto, and Mr. Bharti can primarily be found there or at the Los Angeles office, though more offices can be found in New York and London. Mr. Bharti and his company specialize in discovering, financing, and building projects to completion, a task in which they spend three to five years working on at a time, so peak performance may be reached.
One of their most successful projects to date was in May 2011, when they worked with Consolidated Thompson Iron Mines. What began as a $1 million exploration and discovery company was quickly developed and sold to Cliffs Natural Resources Inc. for $4.9 billion in cash. Forbes & Manhattan has had countless similar success stories, including scaling the Jacobina Mine through Desert Sun Mining and selling it after four years for $735 million.
Mr. Bharti has developed each project and financed them through his private capital and public markets, raising and investing over $10 billion in the last decade. As one of Canada’s leading financiers, he’s listed over 50 companies on different stock markets worldwide, including Toronto, London, Australia, South Africa, and New York.
The strategies used by Forbes & Manhattan to achieve such success are unique when compared to others. They take advantage of their technical expertise and use it as a tool to scale, leaving them with an impressive track record. If you’d like to go more in-depth, you can head to their website, ForbesManhattan.com, or go to their Instagram, @ForbesManhattan, for updates on current events.
