Mining is one of Canada’s most lucrative industries, with thousands of jobs being created each year. This makes the perfect opportunity for any businessman or woman looking to start their own company, and one of those individuals was Stan Bharti. Having started his first international consulting firm, Bharti Laamanen Mining (BLM) Inc., in 1988, he grew the business through mine development and turnaround situations.
In 1995, Stan moved on to a new project and founded a Toronto-based private merchant bank, named Forbes & Manhattan. The company finds high-potential mining assets and scales them over the course of three to five years with the use of their technical expertise, as opposed to the quick flips that other companies do. This strategy has brought impressive results, with their most significant success being the sale of a mining company for $4.9 billion in cash.
Something that Stan has learned throughout his 30-year career is that time is an essential tool for developing companies, and that results don’t come overnight. Hence, it’s important to spend time perfecting every aspect. Those tips have paid off over the years, leaving Stan as an internationally recognized businessman and entrepreneur.
Rewinding to his childhood, Stan was born and raised in India’s Punjab region until the age of 16, when he moved to Moscow to attend the Peoples’ Friendship University, where he obtained a degree in engineering. Next, he relocated to London and attended the University of London and graduated with a master’s in engineering. Stan worked in Africa for a short while after, before finally settling down to start his career in Toronto, Canada.
On top of being a businessman, Stan is a successful financier who’s funded projects through his private capital and public markets. He’s listed over 50 companies on various stock markets around the globe, including Australia, South Africa, London, New York, and Toronto. Stan has even raised and invested $10 billion in the last ten years.
Giving back to others is another thing that takes up much of Stan’s schedule. He’s on a handful of charitable boards in Canada and the United Kingdom, and in 2011 even set up the Bharti Charitable Foundation, which provides funding for nature, children, and wildlife in developing countries. In 2018, Stan was awarded the Honorary Consul of Kazakhstan to Canada designation, as a result of providing business opportunities in Kazakhstan.
In 2012, Stan donated $10 million to Laurentian University in Sudbury, the same school he used to give lectures at. This allowed the university to provide students with field trips, hire more faculty, and improve campus buildings. They even renamed the engineering department to The Bharti School of Engineering.
To connect with Stan and learn more about similar projects he’s done, you can find him on Instagram, @ForbesManhattan. To learn more about his company and the work they do, head over to ForbesManhattan.com.
Nick Ponte – The Tech entrepreneur who has aced the art of Digital Marketing.
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