Legatum is a private international investment organisation, headquartered in Dubai, part of the United Arab Emirates.
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The Legatum group is active in the international markets for both financial and social capital.
Legatum's activities are undertaken through five divisions:
The Legatum Institute is an independent policy, advisory and advocacy organisation within the Legatum group of companies. The Institute researches and promotes the principles that drive the creation of global prosperity and the expansion of human liberty. The Institute undertakes original and collaborative research and publishes case studies and ancillary literature. Recent initiatives include the launch of the Legatum Prosperity Index,[1] which measures prosperity across countries as a combination of material wealth and life satisfaction. The 2010 index included 110 countries and the ranking is led by Norway, Denmark, Finland, Australia, New Zealand and Sweden.[2]
Legatum made a structured gift of USD50 million to the Massachusetts Institute of Technology (MIT) to create a Center which will support the Legatum Fellows. Graduate students at MIT participate in a cross-faculty program with the goal of starting a for-profit enterprise in a developing country.
Iqbal Quadir, founder of Grameenphone in Bangladesh, is the Center's founder and director. In October 2008, the Center hosted its first annual conference around issues of development and entrepreneurship, which brought together five Nobel laureates in economics - Lawrence Klein, Robert C. Merton, Eric Maskin, Edmund S. Phelps, and Paul Samuelson.
The Legatum Foundation provides humanitarian grants to support community-based projects run by local entrepreneurs in the sectors of Health, Education, Economic Empowerment, Human Liberty, Disaster Recovery and the Environment. Legatum was instrumental in facilitating the creation of the Global Network for Neglected Tropical Disease Control (GNNTDC).
Legatum's Prosperity Ladder graphically demonstrates the Group's approach to investment at all levels of the economic and social scale.
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