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He owns a number of Cayman-based enterprises, including Dart Enterprises, Dart Realty, and Cayman Shores Development. Kenneth took Caymanian, Belizean and, later, Irish citizenship. [11][12], Dart owns Dart Management, "one of the best known of the so-called vulture funds. Temu's advertisement on the Superbowl is brought to you by a Customs trade rule you've never heard of. (5 7). 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. We have estimated There was no Shipyard in the world that did not have a container made by him. He is an heir of William F. Dart, who founded the Dart Container Corporation (originally the Dart Manufacturing Company) in Michigan in 1937. Ron is survived by his only child, daughter Tammi Huber, grandchildren Zachery, Rebekah, Isaiah, and bonus grandchild, Tim. Dr. Kenneth R. Daughters is a radiologist in Santa Barbara, California and is affiliated with Santa Barbara Cottage Hospital. At The New York Times, Katy Lederer traveled to the Cayman Islands to explore the real estate purchases of Kenneth Dart. https://www.nytimes.com/2019/10/18/business/kenneth-dart-cayman-islands.html. Theyll tell you they have patient capital, Mr. Whittaker said. With his fortune and his company, Dart Enterprises, he has increasingly come to define the islands future. Kenneth I. Whats in the wind now is potentially existential for the financial services industry in Cayman, said Alex Cobham, chief executive of the Tax Justice Network, a watchdog group. Kenneth Dart is an American-born Cayman Islands-based businessman and billionaire. But it's not all play. 17: Son: Melvin Dart: 15: Not the Melvin Dart you were looking for? The plan is to build the tower set back from Seven Mile Beach, in the middle of the Camana Bay development. 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. The suspects. He is also a citizen of Belize and Ireland. In 1994, Dart became a citizen of Belize. Bloomberg puts Mr. Darts net worth at $5.8 billion. Su principal negocio conocido es la empresa Dart Container, que fabrica ms vasos y envases de poliestireno que todos sus competidores . We met on the terrace at a Westin resort, which, like many developments on Seven Mile Beach, is on an elevated concrete slab. Popularly known as the Businessperson of United States of America. He is from . Would a wildly successful investor like him buy up so much of a country that was really doomed to disappear? Find the obituary of Kenneth I. K en Dart, the international businessman and developer who owns Dart (Realty) Cayman Ltd. and its many assets in the Cayman Islands . 2023 Dart Enterprises Ltd. All Rights Reserved. Darts property investments include the Ritz Carlton on Grand Cayman and his net worth is estimated at $6.7bn, according to Bloomberg. Dart is a reclusive and sometimes contradictory figure. Robert holds Belizean and Irish citizenship, and resides in London. He is seen as one of the most successful Businessperson of all times. 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. Masks, which were already compulsory on public transport, in enclosed public spaces, and outdoors in Paris in certain high-congestion areas around tourist sites, were made mandatory outdoors citywide on August 28 to fight the rising coronavirus infections, Japanese Prime Minister Shinzo Abe bows to the national flag at the start of a press conference at the prime minister official residence in Tokyo. Is everything he does great? Were looking to bring in more high net worth, ultrahigh net worth, potentially even more billionaires, he said during a question-and-answer session. Robson said he also worried that Caymans economic reliance on financial services wasnt sustainable. 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. With his large number of social media fans, he often posts many personal photos and videos to interact with his huge fan base on social media platforms. Kenneth Dart. 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. 19: Daughter: Tracy Dart. Kenneth has 2 jobs listed on their profile. His brother Robert succeeded him in this role in 2001, when Kenneth moved to the board of directors. Kenneth Bryan Dart Net Worth & Basic source of earning is being a successful Spanish Businessperson. Kenneth took Caymanian, Belizean and, later, Irish, citizenship. There is no question Kenneth Dart is the most famous & most loved celebrity of all the time. Discover Kenneth Dart's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. CA knowledge offers Net Worth, taxation, Banking & financial solutions to individuals, businesses, and organizations all over the world. 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. 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. He received his medical degree from University of California, Irvine,. 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. He was born on 1 January 1955, in United States of America. The arrangement the heir to a disposable-cup fortune offering to clean up an entire countrys garbage seemed remarkable to me, but the Caymanians I spoke with didnt bat an eye. You might not believe it, but his plastic company has over fifty percent market share in the United States of America. Dart started a number of Cayman-based enterprises, including Dart Enterprises, Dart Realty, and Cayman Shores Development. Its almost a post-colonial dispensation, he said, describing the sometimes uneasy relationship that has always existed between Cayman, Britain and the international community. Nick Robson, the founder of the Cayman Institute, a nonprofit organization that has advocated better long-term planning on the island, says Cayman is nowhere near prepared for rising seas and extreme weather. In 2007, he opened a major development, a sprawling mix of retail and entertainment venues called Camana Bay, and began amassing a portfolio of high-end properties. Kenneth took Caymanian, Belizean and, later, Irish citizenship. 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. By 2017, Argentina under the new president Mauricio Macri settled with holdouts and was able to access the international capital markets. Justin Howe, a Dart group executive vice president, talked up the proposed skyscrapers benefits at a recent economic forum. [20] By 2017, Argentina's new president Mauricio Macri settled with holdouts and was able to access the international capital markets. 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. Foreign capital, much of it in the form of duties and fees, helps fund schools and infrastructure. Net Worth: $5.8 Billion. He is an heir of William F. Dart, who founded the Dart Container Corporation (originally the Dart Manufacturing Company) in Michigan in 1937. December 1, 2015. Proponents of the Cayman business model argue that its benefits accrue to all of the islands citizens, who can boast of having one of the highest gross domestic products per capita in the world. On April 7, 1955 he married Carol Marie. The Dart brothers have been at each others throats for six years in a bizarre saga of power, sex and unparalleled greed. Post # of 27097. Famously known by the Family name Kenneth Bryan Dart, is a great Businessperson. 27 million shares of IBIO. He has almost a plastic Monopoly in the United States of America. Improbably enough, Kenneth Dart's most audacious investment involves Mount Trashmore. His brother Robert succeeded him in this role in 2001, when Kenneth moved to the Board of Directors. If fully implemented, protectorates like Cayman would be expected to create public registers of company owners and provide access to the names of the beneficiaries of trusts. 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. Problem is, even if hurricanes dont get any more prevalent, theyll get stronger, said James Whittaker, a Caymanian who is a former banker and regulator turned clean energy entrepreneur. But Mr Dart picked up the slack. 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. Kenneth B. 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. [7] By 2012, his Caymanian enterprises were estimated to own about 2025% of the real estate in the Cayman Islands. Dart graduated from the University of Michigan with a degree in mechanical engineering in 1976. Kenneth Bryan Dart has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. He wanted to give a new direction to his family container business. Dart employed this strategy in 1994 by acquiring Brazilian debt instruments and eventually generating a profit of about $600m. They were one of the most prestigious container makers of that time. Abe announced he will resign over health problems, in a bombshell development that kicks off a leadership contest in the world's third-largest economy, Residents take cover behind a tree trunk from rubber bullets fired by South African Police Service (SAPS) in Eldorado Park, near Johannesburg, during a protest by community members after a 16-year old boy was reported dead, People scatter rose petals on a statue of Mother Teresa marking her 110th birth anniversary in Ahmedabad, An aerial view shows beach-goers standing on salt formations in the Dead Sea near Ein Bokeq, Israel, Health workers use a fingertip pulse oximeter and check the body temperature of a fisherwoman inside the Dharavi slum during a door-to-door Covid-19 coronavirus screening in Mumbai, People carry an idol of the Hindu god Ganesh, the deity of prosperity, to immerse it off the coast of the Arabian sea during the Ganesh Chaturthi festival in Mumbai, India, Firefighters watch as flames from the LNU Lightning Complex fires approach a home in Napa County, California, Members of the Israeli security forces arrest a Palestinian demonstrator during a rally to protest against Israel's plan to annex parts of the occupied West Bank, A man pushes his bicycle through a deserted road after prohibitory orders were imposed by district officials for a week to contain the spread of the Covid-19 in Kathmandu, A car burns while parked at a residence in Vacaville, California. His father and grandfather developed a machine that turned expandable polystyrene beads into plastic cups and. For three weeks before arriving on the island, I corresponded with a Dart company spokeswoman, who made it cordially clear that an interview with Mr Dart was a non-starter. They take virtually nothing out of the economy and they put massive amounts into the economy, so we think thats what a five-, five-plus-star resort has the potential to do.. See the complete profile on LinkedIn and discover Kenneth's connections and jobs at similar companies. Family and friends must say goodbye to their beloved Kenneth L. Dart (Monitor, Washington), born in Spokane, Washington, who passed away at the age of 62, on August 7, 2021. of John Addison Dart and Arabell Malinda (McPeak) Dart. Must check Carter Reum Net Worth and Wichai Thongtang Net Worth. 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. For three weeks before arriving on the island, I corresponded with a Dart company spokeswoman, who made it cordially clear that an interview with Mr. Dart was a non-starter. Ken Dart is the founder of Dart Enterprises and a portfolio of companies in the Cayman Islands. Kenneth Dart is Caymanian-Belizean-Irish businessman who has an estimated net worth of $5.01 billion as of March 2017, according to Bloomberg. Kenneth B. They have also lived in Niwot, CO and Saint Louis, MO. Net Worth. Top 3 Results for Ken Dart. $5.8 Billion. Novak was also shot but survived the attack. Dart has his own construction company, Decco. Dart Interests has a growing portfolio of more than $1 billion currently invested in real . Tens of thousands of pro-democracy protesters massed close to Thailand's royal palace, in a huge rally calling for PM Prayut Chan-O-Cha to step down and demanding reforms to the monarchy, Supporters of Iraqi Shi'ite cleric Moqtada al-Sadr maintain social distancing as they attend Friday prayers after the coronavirus disease restrictions were eased, in Kufa mosque, near Najaf, Iraq, A protester climbs on The Triumph of the Republic at 'the Place de la Nation' as thousands of protesters take part in a demonstration during a national day strike called by labor unions asking for better salary and against jobs cut in Paris, France, A fire raging near the Lazzaretto of Ancona in Italy. He is also a citizen of Belize and Ireland. I also asked about the dump and the risks of global warming. He renounced his US citizenship and acquired Belize citizenship, and later. Structural Info. He couldnt make ship-size containers like his family used to do with plastic, but he downsized the total area of that container and started making small plastic bags. His wealth was estimated in 2013 at $6.6 billion. In response to Darts holdout strategy, the then Argentinian ambassador in the US, Jorge Argello, rebuked Darts activities, while in the Argentinian press Dart was named Enemy Number One of Argentina. Kenneth B. Multiple industries, one common purpose: to create exceptional opportunities, places and experiences that enrich lives now and for future generations. The banks moved in first, then the accounting and law firms. By 2012, his Caymanian enterprises were estimated to own about 2025% of the real estate in the Cayman Islands. 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 . Kenneth Dart, the billionaire investor known for "vulture" trades in government debt, built stakes worth nearly 5 billion (US$6.9 billion) in British American Tobacco and Imperial Brands. Dart is 1.75m. Kenneth Dart's net worth Find Kenneth Dart's phone number, address, and email on Spokeo, the leading online directory for contact information. 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. 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. Shares in BAT, which makes Lucky Strike and Dunhill cigarettes, have dropped more than 50 per cent from highs in 2017. Investors cautiously returning in 2023. Mr. Kenneth G. Dart. He has a pure loving kind heart personality. The best result we found for your search is Ken K Dart age 60s in Boulder, CO in the East Foothills neighborhood. It seems that such net worth is the exception vs. the rule for the Cayman Islands, however, and we are almost certain that Frank Schilling's net worth is "only" half way to billionaire status, currently. The arrangement the heir to a disposable-cup fortune offering to clean up an entire countrys garbage seemed remarkable to me, but the Caymanians I spoke with didnt bat an eye. Not everyone who moves to a place they love invests in it so heavily, I wrote. Although Cayman was initially a refuge for the financier, Mr Dart, who is thought to be 64, has taken to his adopted home with zeal. 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. Born in Michigan, he renounced his U.S. citizenship in 1994, obtained citizenship from Belize and relocated to the tax-free Cayman Islands. The obituary was featured in The Day on November . But Mr. Dart picked up the slack. 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. By: Survivors include his wife, Betty Dart of Moses Lake; his children, Denise. Mr. Robson said he also worried that Caymans economic reliance on financial services wasnt sustainable. Ancestors . Its almost a post-colonial dispensation, he said, describing the sometimes uneasy relationship that has always existed between Cayman, Britain and the international community. 2 at the State Dept., warns of China troubles. Learn How rich is He in this year and how He spends money? As I stood atop Mount Trashmore, looking out at the crystalline water, I wondered what Mr. Dart thought about the countrys vulnerability to rising seas. Dart owns Dart Management, one of the best known of the so-called vulture funds. 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. Navy during WWII from 1942-45,. At that time Dart offered his residence in Sarasota, Florida, to the government of Belize as a consulate with himself as its consul. We recommend you to check the complete list of Famous People born on . He is an heir of William F. Dart, who founded the Dart Container Corporation (originally the Dart Manufacturing Company) in Michigan in 1937. 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 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. If the colonial period was Caymans opening act, and financial services its middle, it seemed to me that Mr. Dart was quietly preparing for Caymans possible finale: as an upscale tax domicile and tourist attraction for the global ultra-wealthy who could afford to come and go from an existentially imperiled island. [6], Dart started a number of Cayman-based enterprises, including Dart Enterprises, Dart Realty, and Cayman Shores Development. 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. 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. 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. But for his base of operations, Mr. Dart has chosen an existentially vulnerable piece of land. 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. 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. In 1940, he was 15 years old and lived in Tustin, California, with his father, mother, 2 brothers, and sister. Dart employed this strategy in 1994 by acquiring Brazilian debt instruments and eventually generating a profit of about $600million. Some speculate Mr. Dart is private because he fears for his safety. Uzbekistan government wants former First Daughter Gulnara Karimov to return stolen funds, and they will put it to good use, under the auspices of the UN. Venture capitalists gave up on blockchain products in the third and fourth quarter of 2022. Miller, the CEO of Carbonadi Vodka, has blazed his own trail and redefined what it means to find success along the intersection of entrepreneurship and passion. Among his properties are Camana Bay (formerly the Coral Caymanian Hotel), the Ritz-Carlton, the Yacht Club, and the Kimpton Seafire Resort and Spa. (A spokeswoman for Dart Enterprises said the company would not comment on its investment decisions.). The huge blaze broke out overnight at the port of Ancona. Thursday 29 April 2021 5:00 pm Secretive billionaire Kenneth Dart builds 5bn stakes in Big Tobacco James Warrington BAT said its "new category" products had gained shares in all key markets. China will celebrate national day marking the founding of the People's Republic of China on October 1st, The Glass Mountain Inn burns as the Glass Fire moves through the area in St. Helena, California. Nick Robson, the founder of the Cayman Institute, a nonprofit organisation that has advocated better long-term planning on the island, says Cayman is nowhere near prepared for rising seas and extreme weather. Improbably enough, Kenneth Darts most audacious investment involves Mount Trashmore. But many islanders complain of a two-tiered system. Kenneth B. As far as I knew, Mr Dart was neither a climate sceptic 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. [9][6] Dart has his own construction company, Decco. The eldest, Tom, is fighting for a share of a trust fund which he claims he was cheated out of by his brothers, Kenneth and Robert and their father, William. Robert holds Belizean and Irish citizenship, and resides in London. When a Cambridge-trained lawyer named William Walker arrived in 1963, he described the place as having cows wandering through Georgetown, only one bank, only one paved road, and no telephones. The population was just over 8,000, and the mangrove-covered island was swarming with mosquitoes. As a place to conduct business, Caymans appeal is obvious. He joined the family business and became president of the Dart Container Corporation in 1986. 2023 Forbes Media LLC. At one point, she offered to consider written questions and present them to Dart executives. He was born Dec. 21, 1931 in Piffard, N.Y. to the late Kenneth. Born in Michigan, he renounced his U.S. citizenship in 1994, obtained citizenship. 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.. After the 2008 financial crisis, the Cayman economy contracted. When he first moved to the islands, he could be seen flanked by bodyguards. When Kenneth Dart relocated to Grand Cayman, his secretiveness and colorful business dealings aroused local suspicion. It would include major new residential developments and offices, in addition to yet another five-star resort on a stretch of beach that abuts the billionaires residence. The plans reminded me of a game of Monopoly if a player purchased all of the fanciest properties and packed them with houses and hotels for money managers. The Reed Amendment of 1996, a tightening of U.S. tax laws concerning expatriates, was partially spurred by the Dart brothers' renounciation of their citizenship to avoid paying taxes. In February, his group proposed a $1.5bn (1.2bn) iconic skyscraper that would rival the Eiffel Tower and the Burj Khalifa of Dubai. The facility, which is operated by the YMCA and the Cayman Islands Little League Association, serves more than 3,000 residents. He was born August 14, 1923 in Concord, Mi, to Richard M and Hazel (Sleeper) Dart. Barclays Capital takes a look inside Europe's counter to the U.S. Inflation Reduction Act. Caymanians get jobs but are then passed over for promotions. Thats halfway up! Contents 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. Whats in the wind now is potentially existential for the financial services industry in Cayman, said Alex Cobham, chief executive of the Tax Justice Network, a watchdog group. Kenneth B. Darts net worth is approximated to be $8 Billion. 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. In the mid-1990s Dart and his brother, Robert, both renounced their American citizenship. Slowly, but surely he started encompassing wealth and winning one after another market for his plastic venture. 89 Nexus WayCamana BayGrand Caymaninfo@dart.ky. Right now, he has almost a monopoly in the American Plastic Market. Reflects change since 5 pm ET of prior trading day. He wanted to pay less and fewer taxes so He moved from America to Belize and then to Ireland first. Guided by three generations of the Dart familys values, culture and philosophy, the companies founded by Ken Dart are recognised as among the best places to work in the Cayman Islands. He was very fascinated by his family business From the very beginning. Regulations direct employers to give special consideration to Caymanians for jobs and require that Caymanians own shares in local businesses. Ten years later, he became the president of Dart Containers. James Warrington. Also check Joe Lacob Net Worth. Dart (born 1955) is an American-born businessman and billionaire. Grand Cayman is the heart of Darts global operations and the home of the Dart family. Among his properties are Camana Bay (formerly the Coral Caymanian Hotel), the Ritz-Carlton, the Yacht Club, and the Kimpton Seafire Resort and Spa. Kenneth Bryan Dart (born 1955) is a Cayman Islands-based businessman and billionaire. This website uses cookies to help us enhance your browsing experience. Tobacco, so they say, is a dying business. In 2007, he opened a major development, a sprawling mix of retail and entertainment venues called Camana Bay, and began amassing a portfolio of high-end properties. Although he is not a citizen of America anymore. The best-paid positions often go to highly educated expatriates, who make up just under half the resident population of about 66,000. He one of the Richest Businessperson who was born in . I wont say everything he does is great, Mr. Whittaker said of Mr. Dart, after showing me a map of Hurricane Ivans devastation. He is an heir of William F. Dart, who founded the Dart Container Corporation (originally the Dart Manufacturing Company) in Michigan in 1937. The Height of Kenneth B. Some speculate Mr Dart is private because he fears for his safety. 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. His family was already in the container-making business. Kenneth Dart is The Richest Man in Cayman Island.The Dart Enterprises Cayman is one of the ventures owned by this billionaire. Son. He acquired the property in 1994 after renouncing his United States citizenship, a tax dodge so audacious it inspired federal legislation. Klowak and his colleague Scott Novak were en-route to the site when they were attacked by gunmen about 40 miles south of Eagle Pass, TX. As the scion of a Michigan family business, Dart Container, that has long dominated the polystyrene foam market (it also makes plastic Solo cups and other iconic food service products), Mr Dart was born into a significant fortune.