By the end of the 1990s, the jurisdiction had established itself firmly as a leading global banking centre, and today financial services accounts for over half of its economy. Thousands of asylum seekers on the island of Lesbos are now homeless, Pope Francis takes off his face mask as he arrives by car to hold a limited public audience at the San Damaso courtyard in The Vatican, A home is engulfed in flames during the "Creek Fire" in the Tollhouse area of California, A couple take photos along a sea wall of the waves brought by Typhoon Haishen in the eastern port city of Sokcho, Novak Djokovic and a tournament official tends to a linesperson who was struck with a ball by Djokovic during his match against Pablo Carreno Busta at the US Open, Protesters confront police at the Shrine of Remembrance in Melbourne, Australia, during an anti-lockdown rally, A woman looks on from a rooftop as rescue workers dig through the rubble of a damaged building in Beirut. The list, released Tuesday by. For example, Kenneth Dart, $6.6 billion, chairman of Dart Container Corp., renounced his citizenship and is reportedly living out of the country, though Wealth-X lists him as the richest person in . Kenny Delmar, American actor active in radio, films, and animation (September 5, 1910 - July 14, 1984) was born Kenneth Frederick Fay Howard in Boston, Massachusetts. Extra 20% off selected fashion and sportswear at Very, Up to 20% off & extra perks with Booking.com Genius Membership, $6 off a $50+ order with this AliExpress discount code, 10% off selected orders over 100 - eBay discount code, Compare broadband packages side by side to find the best deal for you, Compare cheap broadband deals from providers with fastest speed in your area, All you need to know about fibre broadband, Best Apple iPhone Deals in the UK March 2023, Compare iPhone contract deals and get the best offer this March, Compare the best mobile phone deals from the top networks and brands. Profession: Businessperson. There is no question Kenneth Dart is the most famous & most loved celebrity of all the time. Though Cayman was initially a tax refuge for Kenneth Dart, he has taken to his adopted home with zeal.CreditCarter Johnston for The New York Times. Dart has his own construction company, Decco. The rulings forced Argentina to miss bond payments in July 2014, which caused the country to be declared in selective default by Standard & Poors and in restrictive default by Fitch Ratings, meaning that Argentina failed to meet some of their obligations while meeting others. The huge blaze broke out overnight at the port of Ancona. Kenneth Dart moved took up his residence in the Cayman Islands, a tax haven, and converted what was the beachfront West Indian Club into his home in 1994. His wealth was estimated in 2013 at $6.6 billion. According to the various online resources (Wikipedia, Forbes, IMDB), the most popular Businessman Kenneth B. Thailand has seen near-daily protests in recent weeks by students demanding the resignation of Prime Minister Prayut Chan-O-Cha, Members of the Kayapo tribe block the BR163 highway during a protest outside Novo Progresso in Para state, Brazil. In the ongoing attempts to resolve the Argentinian financial crisis of 2001, Dart and Paul Singer rejected Argentina's restructuring offer in contrast to most other investors and brought their claim to the US court system. [4] His brother Robert succeeded him in this role in 2001, when Kenneth moved to the board of directors. In an Instagram post he said he could now breathe independently following his suspected poisoning last month, Japan's Prime Minister Shinzo Abe, Chief Cabinet Secretary Yoshihide Suga, former Defense Minister Shigeru Ishiba and former Foreign Minister Fumio Kishida celebrate after Suga was elected as new head of the ruling party at the Liberal Democratic Party's leadership election in Tokyo, A man stands behind a burning barricade during the fifth straight day of protests against police brutality in Bogota, Police officers block and detain protesters during an opposition rally to protest the official presidential election results in Minsk, Belarus. His brother Robert succeeded him in this role in 2001, when Kenneth moved to the board of directors. He joined the family business and became president of the Dart Container Corporation in 1986. [6], In 1994, Dart became a citizen of Belize. They were one of the most prestigious container makers of that time. Wenatchee World - Tuesday, December 15, 2009 Elwood G. Dart, 77, of Moses Lake, died Sunday, Dec. 13, 2009, in East Wenatchee. When I went to the island, I made an effort to book one of the few Seven Mile Beach hotels that Mr Dart doesnt own; halfway through my stay, I read an announcement in the local paper that he had bought it. The suspects. https://www.nytimes.com/2019/10/18/business/kenneth-dart-cayman-islands.html. Dart is a reclusive and sometimes contradictory figure. Animals escaped their enclosures, and, to this day, rewilded chickens roam the islands. The tycoon, who made the investments through his Spring Mountain Investments fund, has been gradually building his stake in BAT, passing the three per cent disclosure mark in October. Home Net Worth Business Kenneth B. When he first moved to the islands, he could be seen flanked by bodyguards. Ken Dart is the founder of Dart Enterprises and a portfolio of companies in the Cayman Islands. The UN Intergovernmental Panel on Climate Change, he said, predicted that sea levels would rise by roughly 1 metre by the end of the century. At The New York Times, Katy Lederer traveled to the Cayman Islands to explore the real estate purchases of Kenneth Dart. One humid Tuesday in July, I summited the highest point on Grand Cayman, an eight-storey dump known affectionately by the locals as Mount Trashmore. Dart employed this strategy in 1994 by acquiring Brazilian debt instruments and eventually generating a profit of about $600million. 89 Nexus WayCamana BayGrand Caymaninfo@dart.ky. He joined the family business and became president of the Dart Container Corporation in 1986. Improbably enough, Kenneth Darts most audacious investment involves Mount Trashmore. The heir to a famously private foam-container dynasty and a reclusive businessman in his own right, Dart apparently hasn't spoken to the press since 1993. His wealth was estimated in 2013 at $6.6 billion. In 2012, a New York State judge ruled in favor of the holdout creditors ordering Argentina to pay $1.3 billion and Argentina's appeal of the ruling at the US Supreme Court was rejected in 2014. Theyll tell you they have patient capital, Mr. Whittaker said. In 1993, his home in Sarasota, Fla., burned to the ground in an arson that was never fully explained. Not everyone who moves to a place they love invests in it so heavily, I wrote. Scroll Down and find everything about him. He was predeceased by : his father Elwood G. Dart. The rulings forced Argentina to miss bond payments in July 2014, which caused the country to be declared in selective default by Standard & Poor's and in restrictive default by Fitch Ratings, meaning that Argentina failed to meet some of their obligations while meeting others. Seven Mile Beach, previously undeveloped, became an international tourist attraction for both divers and money managers. The investments, first reported by the Financial Times, come as the tobacco industry faces a slew of regulatory challenges over health concerns and increasing awareness of environmental, social and corporate governance (ESG) issues. Kenneth Dart was born on 1955 in United States, is a Billionaire entrepreneur and philanthropist from Hong Kong. As you would have assumed that most of that income came from his plastic Empire. As far as we can tell, the only billionaire based in the Cayman Islands is Kenneth Dart, according to Wikipedia. Bodies buried in beach cemeteries floated out to sea. Learn How rich is He in this year and how He spends money? As far as I knew, Mr. Dart was neither a climate skeptic nor a denier, and yet he continued to acquire significant parcels of a country that was, topographically speaking, one of the most vulnerable on earth. It is a closely guarded secret how much of the three-island territory Little Cayman and Cayman Brac hover just to the northeast of the big island Mr. Dart and his subsidiaries own. His yacht was armoured to withstand torpedo fire, one of his two brothers, Tom, told Bloomberg News in 1995. Kenneth Bryan Dart is a Cayman Islands-based businessman and billionaire. Novak was also shot but survived the attack. Even as he remained a virtual non-entity in Sarasota, unremarkable Kenneth Dart quietly became one of the most famous vulture investors in the world. The reclusive Mr Dart is believed to be the biggest private landowner on Grand Cayman, Pope Francis prays with priests at the end of a limited public audience at the San Damaso courtyard in The Vatican, A girl's silhouette is seen from behind a fabric in a tent along a beach by Beit Lahia in the northern Gaza Strip, A Chinese woman takes a photo of herself in front of a flower display dedicated to frontline health care workers during the COVID-19 pandemic in Beijing, China. Dart employed this strategy in 1994 by acquiring Brazilian debt instruments and eventually generating a profit of about $600m. He wanted to give a new direction to his family container business. Dozens of fires are burning out of control throughout Northern California as fire resources are spread thin, Students use their mobile phones as flashlights at an anti-government rally at Mahidol University in Nakhon Pathom. Caymanians get jobs but are then passed over for promotions. He is an heir of William F. Dart, who founded the Dart Container Corporation (originally the Dart Manufacturing Company) in Michigan in 1937. Why should it be a trickle for us? By 2017, Argentina under the new president Mauricio Macri settled with holdouts and was able to access the international capital markets. When Melvin Dart was born about 1925, his father, Oral, was 38 and his mother, Helen, was 26. Date of Birth: 1955 (68 years old) Gender: Male. I Love to read n write about Things that I find Interesting, Fondo buitre kenneth dart parte 2 cqc 08 07 13, Dart sudamericana la empresa de vasitos de telgopor de kenneth dart, resolve the Argentinian financial crisis of 2001. His list now includes the Ritz-Carlton, the Yacht Club and a new Kimpton resort. The best-paid positions often go to highly educated expatriates, who make up just under half the resident population of about 66,000. His wealth was estimated in 2013 at $6.6 billion. Dart has his own construction company, Decco. 2023 Dart Enterprises Ltd. All Rights Reserved. In 2014, Mr. Dart stepped down as president of his familys container business and has, according to comments made in 2015 by the Dart Enterprises chief executive, Mark VanDevelde, become more focused on real-estate development and conservation. He was very fascinated by his family business From the very beginning. Currently, Kenneth B. Reflects change since 5 pm ET of prior trading day. In 1994, Dart became a citizen of Belize. He started getting success and got an investment of almost 50 million dollars from his great-grandfather. Notify me of follow-up comments by email. Were looking to bring in more high net worth, ultrahigh net worth, potentially even more billionaires, he said during a question-and-answer session. The 45-year-old was once Brazil's. Kenneth took Caymanian, Belizean and, later, Irish citizenship. Ancestors . But he also had a talent for trading, making lucrative investments over the decades in financial firms, biotech companies, Russian public vouchers and steeply discounted sovereign debt in Greece and Argentina, among many other companies and countries. Dart owns aprox. Some investments made him enemies. Youll never be able to insure the country anymore.. Ken was a longtime member of the Batavia First United Methodist Church and was a retired Senior Groundskeeper at Genesee Community College. In the prolonged attempts to resolve the Argentinian financial crisis of 2001, Dart and Paul Singer rejected Argentinas restructuring offer in contrast to most other investors and brought their claim to the US court system. His company has proposed to cap Mount Trashmore and build a new waste-to-energy facility to dispose of future garbage, which it would manage for the next 25 years, at an estimated cost of nearly half a billion dollars. In a 2018 video presented at the local Chamber of Commerce, his company outlined a building programme that would connect the white sands of Seven Mile Beach to a protected bay known as the North Sound, incorporating extensive landscaped pedestrian parks and revamped roadways in effect, designing a whole town. Until the 1960s, when the first banking laws were put in place to attract international capital, the Cayman Islands was a backwater, with an economy dependent on seamen who would send their remittances back home. They have also lived in Niwot, CO and Saint Louis, MO. Kenneth Dart paid heed to the benefits of living offshore in 1994, giving up his U.S. citizenship, moving to a small $5.3 million private resort on the Cayman Islands and becoming a joint. At one point, she offered to consider written questions and present them to Dart executives. I think in overall net benefit, yes, hes been a net benefit to the island. [1] His wealth was estimated in 2013 at $6.6 billion. Bachelor of Engineering, University of Michigan. I asked what Mr. Dart saw from a real-estate perspective in Cayman. But some say that it will give China increasing influence over state governments, and Washington. In 2010, the United States passed the Foreign Account Tax Compliance Act, which requires foreign financial institutions to identify American citizens who are account holders and report that to the Treasury. Kenneth B. In 1940, he was 15 years old and lived in Tustin, California, with his father, mother, 2 brothers, and sister. The facility, which is operated by the YMCA and the Cayman Islands Little League Association, serves more than 3,000 residents. He renounced his Belize citizenship to acquire Irish citizenship. His wealth was estimated in 2013 at $6.6 billion. When he first moved to the islands, he could be seen flanked by bodyguards. His wealth was estimated in 2013 at $6.6 billion. Whatever might happen with international tax legislation or volatile financial markets, the building would be a hedge of sorts, positioned to bring in capital and withstand the rising ocean. I had been on Grand Cayman for more than a week, but I was no closer to speaking with him than when I first arrived. Dart has gained a reputation as a pioneer in vulture funds, where investors buy up the debt of countries in financial distress and profit from its eventual restructuring. Investor, innovator, explorer and entrepreneur. When Kenneth Dart relocated to Grand Cayman, his secretiveness and colorful business dealings aroused local suspicion. Justin Howe, a Dart group executive vice president, talked up the proposed skyscrapers benefits at a recent economic forum. Dart (born 1955) is an American-born multinational businessman and billionaire. Post # of 27097. Many islanders take it for granted that he is the biggest private landholder on the islands, and some suspect he owns more land than the government. Caymanians get jobs, but are then passed over for promotions. In a scientific and engineering milestone on Monday, NASA managed to hurl a spacecraft at an asteroid as part of a years-long experiment in planetary protection. Kenneth entered the career as Businessperson In his early life after completing his formal education.. Born on 1 January 1955, the Businessperson Kenneth Dart is arguably the worlds most influential social media star. According to a . He is a member of famous Businessperson with the age 67 years old group. Improbably enough, Mr. Darts most audacious investment involves Mount Trashmore. Even as he remained a virtual non-entity in Sarasota, unremarkable Kenneth Dart quietly became one of the most famous vulture investors in the world. He invested part of his fortune in distressed sovereign debt from Greece to Argentina and made large profits by rejecting restructuring deals. The heir to a famously private foam-container dynasty and a reclusive businessman in his own right, Mr. Dart apparently hasnt spoken to the press since 1993. The 45-year-old was once Brazil's. The United Nations Intergovernmental Panel on Climate Change, he said, predicted that sea levels would rise by roughly one meter by the end of the century. [9][6] Dart has his own construction company, Decco. Dr. Kenneth R. Daughters is a radiologist in Santa Barbara, California and is affiliated with Santa Barbara Cottage Hospital. Start your Independent Premium subscription today. Parts of the mountain sometimes spontaneously combust, requiring evacuation of local businesses and a nearby Dart-developed private school. If sea-level rise is a foot, well, that means that a Category 1 now is going to do the same damage that a Category 4 used to do. Even if Cayman built enough infrastructure to survive the rising water, he added, The problem is insurance. But his business is still mainly in the United States of America. Kenneth Dart. He later joined the prestigious Michigan University and graduated from there with a degree in mechanical engineering. But Mr. Dart picked up the slack. 2 at the State Dept., warns of China troubles. He received his medical degree from University of California, Irvine,. Animals escaped their enclosures, and, to this day, rewilded chickens roam the islands. In the prolonged attempts to resolve the Argentinian financial crisis of 2001, Dart and Paul Singer rejected Argentina's restructuring offer in contrast to most other investors and brought their claim to the US court system. Kenneth Dart was born to Claire and William Dart in Michigan on April 21, 1955. I think it does start to look like it could be a perfect storm for Cayman.. But it's not all play. This would have allowed him to live in the United States full-time as a foreign diplomat avoiding any actions by the Internal Revenue Service; the State Department rejected the arrangement. He had lived in Moses Lake for 37 years. His yacht was armored to withstand torpedo fire, one of his two brothers, Tom, told Bloomberg News in 1995. Dart (born 1955) is an American-born multinational businessman and billionaire. He also oversees an extensive nursery on the island, where he collects native and endemic trees and plants. At that time Dart offered his residence in Sarasota, Florida, to the government of Belize as a consulate with himself as its consul. I asked what Mr Dart saw from a real estate perspective in Cayman. Thats the word they like to use. Ken thrived an additional 25 years thanks to Bobby . Dart (born 1955) is an American-born businessman and billionaire. Friday, May 29, 2015 4:11:18 PM. This decade-long partnership demonstrates our ongoing commitment to . At that time Dart offered his residence in Sarasota, Florida, to the government of Belize as a consulate with himself as its consul. Indigenous protesters blocked a major transamazonian highway to protest against the lack of governmental support during the COVID-19 novel coronavirus pandemic and illegal deforestation in and around their territories, Lightning forks over the San Francisco-Oakland Bay Bridge as a storm passes over Oakland, Belarus opposition supporters gather near the Pushkinskaya metro station where Alexander Taraikovsky, a 34-year-old protester died on August 10, during their protest rally in central Minsk, AlphaTauri's driver Daniil Kvyat takes part in the second practice session at the Circuit de Catalunya in Montmelo near Barcelona ahead of the Spanish F1 Grand Prix, Soldiers of the Brazilian Armed Forces during a disinfection of the Christ The Redeemer statue at the Corcovado mountain prior to the opening of the touristic attraction in Rio, Young elephant bulls tussle playfully on World Elephant Day at the Amboseli National Park in Kenya, Dart opened the illustrious Camana Bay developmentonGrand Cayman in 2007, Grand Cayman, largest of the Cayman Islands at76 square miles, is home to Mr Dart, Travelling to the notorious tax haven, Katy Lederer looks for signsof the mogulwho has been secretivelysnapping up property across the archipelago for decades, Please refresh the page or navigate to another page on the site to be automatically logged in, Please refresh your browser to be logged in, Why I spent three years living in the Cayman Islands, Make the UK a low-tax haven and attract business post-Brexit, US billionaires pay lower tax rate than the working class. Darts property investments include the Ritz Carlton on Grand Cayman and his net worth is estimated at $6.7bn, according to Bloomberg. A New York Times investigation into Dart two years ago found the tycoon has a reputation as a recluse among locals and has not spoken to the media since 1993. Kenneth Dart is an heir to the Dart Container foam cup fortune and an investor based in the Cayman Islands. He acquired the property in 1994 after renouncing his US citizenship, a tax dodge so audacious it inspired federal legislation. Robert holds Belizean and Irish citizenship, and resides in London. Though Cayman was initially a refuge for the financier, Mr. Dart, who is thought to be 64, has taken to his adopted home with zeal. Dart announces a CI$350,000 donation to support a much-needed renewal of the Field of Dreams sports complex, which will be spread out over 10 years. Regulations direct employers to give special consideration to Caymanians for jobs and require that Caymanians own shares in local businesses. In response to Dart's holdout strategy, the then Argentinian ambassador in the US, Jorge Argello, rebuked Dart's activities, while in the Argentinian press Dart was named "Enemy Number One of Argentina". [3] Guided by three generations of the Dart family's values, culture and philosophy, the companies founded by Ken Dart are recognised as among the best places to work in the Cayman Islands. The country, a British Overseas Territory, levies no income or corporate taxes, and, since the 1960s, it has become one of the worlds most sophisticated banking centres. . By 2012, his Caymanian enterprises were estimated to own about 2025% of the real estate in the Cayman Islands. Its almost a post-colonial dispensation, he said, describing the sometimes uneasy relationship that has always existed between Cayman, Britain and the international community. He is seen as one of the most successful Businessperson of all times. While Cayman was once a shady place to stash illicit cash a reputation cemented by the 1991 John Grisham novel The Firm and a subsequent Tom Cruise thriller it has long since moved aggressively upmarket, courting institutional investors, private equity and trading firms seeking to minimize taxes and bureaucracy. Anyone can read what you share. Kenneth Dart joined the family business after graduating from University of Michigan in 1976. At 67 years old, Kenneth Dart height not available right now. [1] His wealth was estimated in 2013 at $6.6 billion. Kenneth Dart passed away in El Cahon, CA, California. Why arent we holding the cup? Mr. Bodden has been a vocal critic of the islands unchecked development and what he sees as the disenfranchisement of the island population. His Caymanian enterprises are estimated to own about 20-25% of the real estate in the Cayman Islands. The strategy of vulture funds is to buy government debts at sharply reduced prices when weak governments are in crisis, and eventually force these governments to pay the full amount of the debt. Parts of the mountain sometimes spontaneously combust, requiring evacuation of local businesses and a nearby Dart-developed private school. Residents compared him to Batman, Howard Hughes, a Bond villain and both Warren and Jimmy Buffett. I think in overall net benefit, yes, hes been a net benefit to the island. "With his fortune and his company, Dart Enterprises, he has increasingly come to define the islands' future," Lederer writes. Also check Joe Lacob Net Worth. He married Rossie Lee Sparrow on 4 February 1892, in Gadsden, Florida, United States. Ken was diagnosed with AML Leukemia in the fall of 1996, and received a bone marrow transplant in the fall of 1998, at Fred Hutchinson Cancer Center in Seattle WA. The damage was valued at close to $3bn (2.3bn). Kenneth took Caymanian, Belizean and, later, Irish citizenship. Dart Jr. (1931 - 2020) from Batavia, NY. Haphazardly established in the 1960s, the massive garbage pile was never trenched or lined, and no one knows what might be leaking from the dump into the ground. After Mr Dart renounced his ties to the United States a few months later, he moved first to Belize, whose government in 1995 proposed to the State Department a Belizean consulate in Sarasota, where Mr Dart and his family could live, presumably tax-free. In the mid-1990s Dart and his brother, Robert, both renounced their American citizenship. Or if, like me, he had quickly fallen into a tropical reverie a feeling that nothing could possibly go wrong on this exclusive stretch of paradise. Mr. Darts Cayman acquisitions call to mind a game of Monopoly if a player bought all of the fanciest properties and packed them with houses and hotels for money managers. He will move to that country and become a citizen of that country. [16] In response to Dart's holdout strategy, the then Argentinian ambassador in the US, Jorge Argello, rebuked Dart's activities,[17] while in the Argentinian press Dart was named "Enemy Number One of Argentina". At 76 square miles, Grand Cayman is roughly the size of Brooklyn and is, on average, only 7 feet above sea level. One visionary helping to usher in the next era of Black excellence is none other than Ricky Miller. December 1, 2015. Not everyone who moves to a place they love invests in it so heavily, I wrote. At 76 square miles, Grand Cayman is roughly the size of Brooklyn and is, on average, only seven feet above sea level. With his fortune and his company, Dart Enterprises, he has increasingly come to define the islands future. Contents Explore Kenneth Dart Wiki Age, Height, Biography as Wikipedia, Wife, Family relation. We now know that when you throw a spacecraft at an asteroid from California and manage to hit it, it can have some unexpected effects. Tobacco, so they say, is a dying business. 19: Daughter: Tracy Dart. Spring Mountain this month also emerged with a three per cent stake in Imperial Brands, making it one of the companys ten largest shareholders. Dart has taken a 7 percent stake in British American Tobacco and bought 3 Born in Michigan, he renounced his U.S. citizenship in 1994, obtained citizenship. The heir to a famously private foam-container dynasty and a reclusive businessman in his own right, Mr Dart apparently hasnt spoken to the press since 1993. Son. [2] He is an heir of William F. Dart, who founded the Dart Container Corporation in Michigan in 1937. Some speculate Mr Dart is private because he fears for his safety. According to materials shared or published by Dart Enterprises, the company has invested more than $1.5 billion in the Cayman Islands, with another $1 billion in the development pipeline. The Cayman Islands is hailed for its idyllic beauty, coral reefs and luxury resorts, but there's far more to these islands than their postcard appeal. Worldwide real estate interests encompass hospitality, commercial office, retail, entertainment and infrastructure. The banks moved in first, then the accounting and law firms. Which means Im going to throw two, three billion dollars in the ground and my kids or my grandkids will reap the rewards once it gets built.. Until the 1960s, when the first banking laws were put in place to attract international capital, the Cayman Islands was a backwater, with an economy dependent on seamen who would send their remittances back home. In 2012, a New York State judge ruled in favor of the holdout creditors ordering Argentina to pay $1.3 billion and Argentinas appeal of the ruling at the US Supreme Court was rejected in 2014. [7] By 2012, his Caymanian enterprises were estimated to own about 2025% of the real estate in the Cayman Islands. While Cayman was once a shady place to stash illicit cash a reputation cemented by the 1991 John Grisham novel The Firm and a subsequent Tom Cruise thriller it has long since moved aggressively upmarket, courting institutional investors, private equity and trading firms seeking to minimise taxes and bureaucracy. Kenneth Dart, the billionaire investor and foam-cup maker, made something of a splash early last year when he was reported to have renounced his U.S. citizenship in order to become a citizen of . See the complete profile on LinkedIn and discover Kenneth's connections and jobs at similar companies. He wanted to create a plastic container rather than a Steel container. The best result we found for your search is Ken K Dart age 60s in Boulder, CO in the East Foothills neighborhood. Ten years later, he became the president of Dart Containers. Compare DNA and explore genealogy for Kenneth Dart born 1910s including ancestors + descendants + 1 photos + DNA connections + more in the free family tree community. The way he told the story, the elites had sold the country out. The worlds best Businessman Kenneth B. Dart has a net worth of $8 Billion. He is an heir of William F. Dart, who founded the Dart Container Corporation (originally the Dart Manufacturing Company) in Michigan in 1937. By 2012, his Caymanian enterprises were estimated to own about 2025% of the real estate in the Cayman Islands. LANSING A new list of the wealthiest individual in each state pegs Michigan's richest person as billionaire Kenneth Dart, heir to the Dart Container Corp. Related by financial asset: British Amer Tobacco. Kenneth B. Argentine authorities investigating alleged tax and currency exchange fraud searched this week the . Kenneth Dart's net worth Drawn to the islands natural beauty and unique situation for international and local investment, he made his home in Grand Cayman and set up our global family office.