Michel Daher is the founder and chairman of Daher Capital. He also founded Master Chips and Poppins, two of the largest FMCG companies in the Middle East and North Africa, as well as the very first hedge fund in Lebanon and Master Capital Group, the largest independent non-bank affiliated financial services company.
Michel Daher is the first Lebanese to ring the Wall Street Stock Exchange opening bell in 2010, and the only other Lebanese person to ring that bell after Central Bank Governor Riad Salameh.
Lebanese businessman Michel Daher rang the opening bell of the Stock Exchange on Wall Street for the second time in three years. The real estate mortgage firm Stonegate, in which he is the main investor, had achieved a record launch of two global stock underwriting processes within three years.
Daher had restructured Stonegate and invested in making it one of the top fastest-growing enterprises in the US, according to the ‘Inc.’ magazine. This helped revive the US housing market after the subprime mortgage crisis that began in 2008. [Source]