The Legatum Institute is a think tank based in London, UK. Its stated aim is to advance the education of the public in national and international political, social and economic policy. The Institute has over forty donors including the Legatum Foundation. It has been called "arguably the most influential think tank in Britain pushing its free market pro-Brexit vision and enjoying privileged access to media and ministers" but it has attracted controversy as a result of its opaque, offshore funding. The Legatum Institute was founded in 2007, funded by the Dubai-based Legatum Group under its owner Christopher Chandler, a businessman and hedge fund owner. Chandler and his brother, Richard, made their money in Russia in the 1990s/2000s and at one time had a 4% stake in the Russian state-owned company, Gazprom. The Institute is a beneficiary of his family foundation, Legatum Foundation. The foundation is registered in Bermuda and controlled by a company in the Cayman Islands. The Legatum Foundation donates to a number of philanthropic initiatives, including the END Fund and the Freedom Fund. More information...
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