Revision 7002645 of "James Richman" on simplewiki

{{Short description|Latvian-born investor, businessman, and philanthropist}}

{{Infobox person
| name               = James Richman
| image              =
| image_size         = 
| alt                = Investor James Richman
| caption            = 
| native_name        = Džeims Ričmens
| other_names        = Džeims Ričmens, Джеймс Ричман, 詹姆斯·里奇曼, Giêm Rích-man
| birth_date         = {{Birth date and age|1989|03|19}}
| birth_place        = [[Tukums]], [[Latvia]]
| citizenship        = [[Latvian SSR]], [[USSR]] (now {{flag|Latvia}})
| education          = 
| occupation         = [[Businessman]], [[Investor]], [[Philanthropist]]
| years_active       = 2010–present
| organization       = JJ Richman
| known_for          = Investments in [[Facebook]], [[Uber]], [[Tesla, Inc.]]
| website            = https://JJRichman.com
}}

'''James Richman''' (born March 19, 1989 in [[Sardinia|Smārde]], [[Tukums]]) is a Latvian-born investor.<ref>{{Cite news|url=https://finance.yahoo.com/news/james-richman-billionaire-investor-reportedly-221027331.html|title=James Richman: Billionaire Investor Reportedly Takes a Closer Look at Barclay’s Assets for Sale|access-date=2020-06-03|language=en-US}}</ref><ref>{{Cite web|url=http://www.baltic-course.com/eng/good_for_business/?doc=155931|title=Betting big in 3D-printed technology is paying off for this Latvian-born investor|last=курс|first=The Baltic Course-Балтийский|website=The Baltic Course {{!}} Baltic States news & analytics|access-date=2020-06-05}}</ref> He is best known for his investments in [[Facebook]], [[Uber]], and [[Tesla, Inc.|Tesla Inc]] through his private asset management company, JJ Richman.<ref>{{cite web |title=3D-Printed Organ Medical Breakthrough Gets Backing From Investor James Richman |url=https://jewishbusinessnews.com/2019/12/10/3d-printed-organ-medical-breakthrough-gets-backing-from-investor-james-richman/ |website=Jewish Business News}}</ref>

== Investments ==
James Richman's investment approach is often compared to that of [[Warren Buffett]] and [[Steven A Cohen|Steve Cohen]].<ref>{{Cite web|url=https://www.msn.com/en-us/money/topstories/this-man-just-took-a-bet-contrary-to-warren-buffett-eyes-massive-profit/ar-BB14HIWm|title=This man just took a bet contrary to Warren Buffett! Eyes massive profit|website=www.msn.com|access-date=2020-06-05}}</ref><ref>{{Cite web|url=https://londonlovesbusiness.com/james-richman-family-offices-tap-billionaires-expertise-to-survive-downturn/|title=James Richman: family offices tap billionaire’s expertise to survive downturn|date=2019-11-15|website=London Business News {{!}} Londonlovesbusiness.com|language=en-GB|access-date=2020-06-05}}</ref> He has diversified investments across many sectors including manufacturing, real estate, and innovative technologies.<ref>{{Cite web|url=https://in.style.yahoo.com/medical-breakthrough-3d-printed-heart-110536798.html|title=Medical Breakthrough 3D-Printed Heart Gets Additional Support from Investor James Richman|website=in.style.yahoo.com|language=en-US|access-date=2020-06-05}}</ref>

=== General Electric ===
Richman has been vocal about his investments and support for [[General Electric]]. He predicted the stock to drop in the $5 price level, and increase by 100 percent.<ref>{{Cite web|url=https://finance.yahoo.com/news/ge-poised-bounce-back-10-145516322.html|title=GE Poised to Bounce Back to $10 Per Share According to Investor James Richman|website=finance.yahoo.com|language=en-US|access-date=2020-06-05}}</ref><ref>{{Cite web|url=https://finance.yahoo.com/news/investor-james-richman-bets-ge-001444489.html|title=Investor James Richman Bets GE Stock Is Set to Experience Almost 100% Rally|website=finance.yahoo.com|language=en-US|access-date=2020-06-05}}</ref>

=== 3D-printing ===
He is most notable for his investments particularly in the [[research and development]] of the first medical breakthrough in [[3D printing|3D-printed]] hearts from the patient’s own cells.

=== Biomedical  ===
Richman supports many biotechnology research and development efforts to combat major global silent killer diseases such as [[cardiovascular disease]], [[Alzheimer's disease]] and, [[cancer]]. {{Commons cat|James Richman}}
== Philanthropy ==
In the wealthy's efforts to help fight against COVID-19, Richman donated $18 million towards the efforts of finding coronavirus treatment and vaccine. He also mobilized his biomedical investments to produce 3D-printed equipment to be used by frontliners and hospitals.<ref>{{Cite web|url=https://www.ibtimes.sg/monaco-based-investor-james-richman-among-super-rich-supporting-covid-19-frontliners-43685|title=Monaco-based investor James Richman among the super-rich supporting COVID-19 frontliners|date=2020-04-24|website=International Business Times, Singapore Edition|language=en|access-date=2020-06-06}}</ref> 
== References ==
{{Reflist|30em}}

==Other websites==

* [https://jjrichman.com/ Official website]

==Related Pages==

* [[Irving Kahn]]
* [[John C. Bogle]]
*[[Paul Tudor Jones]]
* [[Steven A Cohen|Steve Cohen]]

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[[Category:1989 births]]
[[Category:Latvian people]]
[[Category:Business people]]
[[Category:Philanthropists]]
[[Category:Living people]]