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Young America Capital Advises Cloud Carib in Strategic Growth Financing from Partners for Growth

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MAMARONECK, N.Y. , Sept. 29, 2025 /PRNewswire-HISPANIC PR WIRE/ — Young America Capital (“YAC”), a FINRA/SEC-registered investment bank, announced that it served as the financial advisor to Cloud Carib Limited, a leading provider of sovereign cloud and cybersecurity services, in securing a strategic growth financing facility from Partners for Growth (PFG), a Silicon Valley-based private credit firm.

This financing will support Cloud Carib’s regional expansion across the Caribbean and Latin America, bolstering its sovereign cloud, cybersecurity, and managed services for governments and regulated enterprises where data sovereignty and compliance are essential.

“This transaction demonstrates how Young America Capital helps innovative technology companies access the right capital partners to accelerate growth,” said Jackson Ritchie, Managing Director at Young America Capital. “Cloud Carib is building a critical platform for digital sovereignty and cybersecurity in the Caribbean and Latin America, and we are honored to support their expansion strategy.”

Headquartered in The Bahamas, Cloud Carib has established itself as a trusted partner for sovereign cloud solutions across CARICOM member states and select Latin American markets. With PFG’s flexible capital, the company is positioned to scale operations, accelerate product development, and strengthen its leadership in secure digital infrastructure.

“Working with Partners for Growth and executing this facility reinforces Cloud Carib’s mission to empower the region with secure, sovereign cloud infrastructure,” said Scott Mackenzie, CEO of Cloud Carib. “This investment is more than capital; it’s a vote of confidence in The Bahamas and the Caribbean as an investable innovation economy.”

Andrew Kahn, Co-Founder and CEO of Partners for Growth, added: “We are pleased to provide Cloud Carib with a flexible capital solution to support its continued expansion. The company has built a resilient platform with a reputation for excellence in cloud and managed services. We look forward to supporting its next stage of growth.”

“Advising Cloud Carib on this transaction reflects Young America Capital’s deep expertise in the technology sector and our growing track record in advising companies that are driving innovation in digital infrastructure and cybersecurity,” added Jackson Ritchie, Managing Director at YAC.

About Young America Capital

Young America Capital is a New York-based investment bank and a FINRA/SIPC-registered broker-dealer. The firm specializes in mergers & acquisitions, growth financing, and strategic advisory for lower middle-market companies across technology, healthcare, real estate, consumer, industrials, renewables, and other sectors.

Forward-Looking Statements

This release may contain forward-looking statements regarding anticipated benefits of the transaction. These statements involve risks and uncertainties that could cause actual results to differ materially. Young America Capital does not undertake to update forward-looking statements except as required by law.

The Next Big Opportunity: Why Agri-Tech Investment In The Caribbean Is Ripe for Disruption

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By News Americas Staff Writer

News Americas, NEW YORK, NY, Fri. Sept. 26, 2025: As Caribbean governments cling to tourism as their main economic engine, a silent crisis is unfolding – over 80% of the region’s food is imported, and climate shocks are making that dependence unsustainable. From rising U.S. tariffs and global supply chain disruptions to recent maritime incidents near Venezuelan waters, the call for food sovereignty in the Caribbean has never been louder. Yet, hidden within this crisis is an overlooked billion-dollar opportunity: agri-tech.

Food Security Is Now a National Security Issue

The region’s vulnerability was on full display during the COVID-19 pandemic, when food shipments slowed and prices surged. Today, geopolitical tensions and the climate crisis are making food insecurity a long-term threat.

According to the Inter-American Development Bank (IDB) and ECLAC, regional leaders urgently need to diversify their economies—and agriculture is one of the most under-invested yet high-impact sectors.

What Agri-Tech Investment Actually Looks Like

Agri-tech doesn’t mean “tech bros on farms.” It means real tools solving real problems across the food system. Here’s what high-return investment can look like:

Smart Greenhouses: Low-energy, solar-powered units that grow leafy greens and herbs year-round, even in hurricane zones.

Cold Chain Infrastructure: Refrigerated transport and storage to reduce post-harvest losses—especially in islands that rely on inter-island trade.

Drip Irrigation + Water Tech: Efficient systems to help farmers adapt to droughts and uneven rainfall.

Agri-Fintech Platforms: Digital tools that help smallholder farmers get access to microloans, crop insurance, and real-time market prices.

Data-Driven Crop Forecasting: Using AI and satellite imagery to predict yields and improve planning for food production and trade.

These technologies already exist—and with modest investment, they could radically shift the Caribbean’s food future.

Sample Investment Scope: Agri-Tech Pilot in the Eastern Caribbean

A sample $1M–$5M project for a single island or subregion could include:

Investment CategoryEstimated Budget (USD)ScopeSmart Greenhouse Cluster$500,00010–15 units with solar power, hydroponics, and climate controlCold Chain Storage & Transport$800,0003 refrigerated trucks + 2 mini distribution hubsDrip Irrigation Systems$350,000Equipment and installation for 50–75 smallholder farmsFarmer Digital Training App$150,000UX design, content in Creole/Spanish, and Android-first developmentLocal Agri-Fintech Fund$1,000,000Loan and grant pool for vetted SMEs and cooperativesAI Crop Monitoring and Data Dashboards$200,000Satellite + drone monitoring platform with training for agri offices

Such an initiative could be executed by a partnership of:

Regional co-investors

Diaspora co-investors

Global and local partnerships.

Why This Opportunity Is Time-Sensitive

Investing in agri-tech now isn’t just smart—it’s urgent. As U.S. trade policy shifts, and with the Caribbean facing rising insurance costs from climate risk, countries that fail to secure food independence could see deep economic instability.

Guyana, with its strong domestic production, is the region’s only near food-sufficient nation—but others can follow suit with the right partnerships.

Who Should Be Watching

Global VC Investors: Those looking for purpose-driven investments that offer stable long-term returns.

Impact Funds & DFIs: Entities focused on climate resilience, food security, and ESG-aligned development.

Local Governments: Who can co-finance or provide tax incentives for private investors in agri-infrastructure.

Tech Startups: Focused on climate, logistics, or AI—looking for untapped, scalable markets.

Looking to co-invest in agri-tech or fund food security solutions in the Caribbean? Connect with Invest Caribbean – the trusted platform powering high-impact investment in the region.

Bahamas Grid Company Accelerates Recruitment to Strengthen New Providence’s Grid

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NASSAU, Bahamas, Sept. 25, 2025 /PRNewswire-HISPANIC PR WIRE/ — The Bahamas Grid Company (BGC) has accelerated its recruitment drive, hiring 25 new employees since July 2025 across field operations, technical support, and corporate leadership. The expansion marks one of the most ambitious workforce growth initiatives in the local energy sector and supports BGC’s long-term goal of building a team of more than 150 employees.

The company’s 23 new Bahamian workers bring decades of expertise spanning construction, utilities, energy, and technical services. Among the new recruits are 11 former Bahamas Power & Light (BPL) employees, strengthening BGC’s operational capacity as it continues to modernize New Providence’s grid.

“I’ve worked in the energy industry for over 30 years. I saw BGC and Pike work together and it made me start to dream again,” said Darrio, Manager of Field Operations. “I wanted that experience to be a part of my country’s development and clear the path for the younger Bahamians.”

The additions include:

Leadership & Management: Four senior leaders with a combined 100+ years of experience in energy, construction, and utilities.

Field Operations: Over 30% of the new hires are groundmen, the entry-level role for future line workers.

Specialized Roles: Experienced technicians and operators with nearly 70 years of combined industry expertise make up another 20% of the new workforce.

Foremen: Three new crew leaders with 90+ years of utility experience.

Warehouse & Procurement: Three new specialists to strengthen material and inventory management.

This recruitment push is part of BGC’s phased strategy to build a modern, resilient grid for New Providence. Alongside infrastructure upgrades to both the transmission and distribution systems, the company is investing heavily in recruiting, training and partnerships with local institutions to develop home-grown talent who will continue to manage New Providence’s grid.

“As a proud Bahamian and HR professional with international experience, I am excited to help shape the future of Bahamas Grid Company,” said Steven, Manager of Human Resources. “Our focus is on building a professional and hard-working culture where safety, innovation, and growth define how we work.”

BGC’s investment in both people and technology reflects its mission: to modernize The Bahamas’ energy infrastructure and to empower the Bahamian workforce that will sustain it for generations to come.

Website: https://bahamasgrid.net/

U.S. Lawmakers Question ExxonMobil’s Tax Breaks From Guyana Oil Deal

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By NAN Business Editor

News Americas, WASHINGTON, D.C., Weds. Sept. 24, 2025: The political and fiscal stakes around Guyana’s oil boom just got sharper. Three U.S. Senators have put ExxonMobil in the hot seat, demanding clarity on whether the terms of its 2016 Stabroek Block Petroleum Agreement (PA) with Guyana are allowing the oil giant to reduce its U.S. federal tax liability at the expense of American taxpayers.

The ExxonMobil Guyana offices at 86 Duke Street in Georgetown, Guyana. Photographer: Jose A. Alvarado Jr./Bloomberg via Getty Images

In a detailed September 23rd letter to ExxonMobil Chairman and CEO Darren Woods, Senators Sheldon Whitehouse (Rhode Island), Chris Van Hollen (Maryland), and Jeff Merkley (Oregon) raised alarms over how the company’s cost recovery terms and Guyana’s arrangement to pay ExxonMobil’s income tax from its share of profit oil could amount to a U.S.-backed subsidy for foreign oil production.

“American taxpayers may be subsidizing ExxonMobil’s foreign oil production, which they do in partnership with a Chinese state-owned company,” the senators wrote, noting ExxonMobil’s joint operations with Hess (now Chevron-owned) and CNOOC that produce roughly 900,000 barrels per day offshore Guyana.

The Core Issue: Tax Credits and Cost Recovery
Under the 2016 PA, ExxonMobil and partners recover up to 75 percent of oil revenue as cost oil until their investment is recouped, with the remaining 25 percent split with the government. Crucially, Guyana pays ExxonMobil’s taxes from its own profit oil share — a structure critics say allows the company to count those payments as foreign tax credits (FTCs) and shrink its U.S. tax bill.

The senators argue that U.S. “dual capacity” rules, which apply when companies both pay taxes and receive economic benefits abroad (like drilling rights), may be exploited to turn what is essentially a subsidy into a creditable tax expense.

Billions in Potential Impact
The lawmakers point to a 2024 U.S. Treasury proposal that would have closed this loophole, limiting the FTC portion to what a non-dual capacity taxpayer would owe. Treasury estimated that closing the gap would save U.S. taxpayers $71.5 billion over ten years.

They warn that without reform, contracts like Guyana’s allow multinationals to structure payments in ways that “blur the distinction” between taxes and economic benefits, resulting in tax advantages unavailable to ordinary businesses.

A Bigger Debate: Climate, Sovereignty and Subsidies
The letter contextualizes Guyana’s oil development in broader climate terms, noting that “Guyana, a former climate leader, has embraced oil as a route to prosperity, even as sea level rise could claim its capital, Georgetown, by 2030.”

It also touches on political optics: at a time when the U.S. IMF estimates $600 billion in annual fossil fuel subsidies, the senators argue that ExxonMobil — which has invested over $60 billion in Guyana’s seven approved offshore projects — does not need further tax breaks, especially when partnered with a Chinese state firm.

Demand for Transparency
The senators submitted seven detailed questions, requesting ExxonMobil clarify whether it directly paid any Guyanese income taxes in 2023 or 2024, or if all payments were made on its behalf. They seek a full accounting of how these payments are treated under U.S. tax rules, with responses due by October 23, 2025.

This latest development comes as Guyana is projected to become the world’s fastest-growing oil producer through 2035, with production expected to reach 1.5 million barrels per day by 2029. How ExxonMobil answers could influence not only public perception of its role in Guyana’s boom, but also U.S. tax policy toward multinational oil producers going forward.

In 2024, the oil extracted and sold totaled US$18 billion. To put that in context, Guyana’s 2025 budget was US$6.6 billion. Thus, distortions in the oil consortium’s financial statements are materially significant for Guyana.

Guyana Greenlights Seventh Offshore Oil Project

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By NAN Business Editor

News Americas, GEORGETOWN, Guyana, Mon. Sept. 22, 2025: Guyana has taken another decisive step in its transformation into a global energy player, approving the Hammerhead Field Development Plan (FDP) and granting the much-anticipated Hammerhead Petroleum Production Licence, (PPL).

Hammerhead becomes the seventh sanctioned offshore project in the Stabroek Block, which is operated by ExxonMobil Guyana Limited alongside partners Hess Corporation and CNOOC. Discovered in 2018, the Hammerhead reservoir sits in the block’s southwestern quadrant and is now cleared for a massive US$6.8 billion development.

Raising the Bar on Standards

The Ministry of Natural Resources emphasized that the Hammerhead licence features enhanced safeguards, including full alignment with the new Oil Pollution Prevention, Preparedness, Response and Responsibility Act 2025. The licence also strengthens oversight on production levels, introduces stricter conditions on off-specification fluid discharges, and commits to transferring associated gas to Guyana’s Gas-to-Energy pipeline network.

Officials say these measures reflect the government’s commitment to responsible resource development while ensuring that energy growth also benefits the local economy and supports sustainability goals.

Big Numbers, Big Impact

Hammerhead will produce through a Very Large Crude Carrier (VLCC) conversion-type Floating Production, Storage, and Offloading (FPSO) vessel built by Japanese firm MODEC. The project is expected to deliver 445 million barrels of oil over its lifetime, with a peak capacity of 150,000 barrels of oil per day (bopd). First oil is anticipated by 2029, which would push Guyana’s total production capacity to roughly 1.5 million bopd by mid-2029, cementing its position among the world’s fastest-growing oil producers.

Beyond output, the project is projected to boost energy security, create new jobs, and drive industrial growth as part of Guyana’s long-term national development strategy.

ExxonMobil Commits

ExxonMobil confirmed it had reached its final investment decision following regulatory approval. “We continue to set a new standard in Guyana, advancing an impressive seventh project just 10 years after first discovery,” said Dan Ammann, President of ExxonMobil Upstream Company. “Together with the government and people of Guyana, we are building a thriving oil-and-gas industry that is creating jobs, supplier opportunities, profits, and follow-on investments.”

The oil major highlighted that its total commitment for Guyana’s seven approved projects now exceeds US$60 billion. More than US$7.8 billion has already flowed into Guyana’s Natural Resource Fund since production began in 2019, and ExxonMobil reports that about 70 percent of the Stabroek block workforce — roughly 6,200 people — are Guyanese.

Future Growth

ExxonMobil is currently producing about 650,000 bopd from the block. With the recent startup of its fourth FPSO, ONE GUYANA, production is on track to exceed 900,000 bopd by year’s end. Construction continues on the fifth and sixth projects — Uaru and Whiptail — with first oil expected in 2026 and 2027 respectively.

Hammerhead’s approval signals that Guyana’s oil boom is far from over — and that the small South American, CARICOM nation is firmly on its way to becoming a heavyweight in the global energy market.

Exciting New Hotels Are Powering A Caribbean Tourism and Investment Boom

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News Americas, NEW YORK, NY, Sun. Sept. 21, 2025: From Guyana to Exuma, Antigua to Punta Cana, a new wave of new hotels are redefining the Caribbean’s hospitality sector — and investors are taking notice. Backed by both local entrepreneurs and global brands, these projects highlight the region’s resilience, increasing demand for premium travel, and strategic efforts to diversify beyond traditional tourism models.

Guyana: Courtyard by Marriott Opens First Airport Hotel

Guyana’s growing profile as an investment hub received a significant boost in late August with the opening of Courtyard by Marriott, the nation’s first international airport hotel. Located just steps from the Cheddi Jagan International Airport, (CJIA), the six-story, US$20 million property features 150 rooms — including five executive suites — and offers employment to approximately 100 Guyanese.

President Mohamed Irfaan Ali, who commissioned the property, described it as a symbol of confidence in the country’s future. “Tourism must become one of the strong, sustainable pillars that balance our development and secure our future,” the president stated. His government is positioning tourism as a major economic pillar alongside oil and gas, backed by targeted infrastructure investments.

The hotel was built by local firm Cardinal Investments Inc., with 99% Guyanese staff. Its opening aligns with Guyana’s broader strategy to host international events, expand airport capacity, and attract a new class of transit and business travelers.

Bahamas: Rosewood Exuma Breaks Ground on Private Island Retreat

In the Bahamas, Miami-based developer Yntegra Group broke ground on Rosewood Exuma, a high-end wellness-focused resort on East Sampson Cay. Slated for a 2028 opening, the development will feature 33 beachfront bungalows, two marinas, a 20,000-square-foot wellness center, and several restaurants.

Half of the 124-acre site will remain untouched to preserve its natural beauty. The project is expected to generate 533 full-time jobs annually and contribute $1.6 billion in long-term economic impact. The development also includes a nursery to grow 14,000 native trees and aims for LEED® and FitWel® certifications.

Bahamas Deputy Prime Minister Chester Cooper lauded the project’s commitment to environmental balance and community upliftment. Developer Felipe MacLean emphasized dual priorities: empowering locals and setting a global standard for sustainable luxury.

Dominican Republic: Hyatt Expands With Secrets Macao Beach

Hyatt Hotels is doubling down on the Dominican Republic with the announcement of Secrets Macao Beach Punta Cana, a 406-room, adults-only, all-inclusive resort opening in 2026. The development expands Hyatt’s “Inclusive Collection” and includes nine restaurants, three pools, Preferred Club services, and access to the neighboring Dreams Macao Beach resort.

The property, being developed with GSM Investissements Dominicana S.R.L., reflects Hyatt’s Caribbean strategy — targeting high-end travelers seeking exclusive, beachfront experiences. The company currently operates 50+ properties in the region with plans for further expansion.

U.S. Virgin Islands: Hilton Debuts Hampton by Hilton St. Thomas

In a major brand debut, Hilton has opened its first Hampton by Hilton in the U.S. Virgin Islands. The 126-room hotel, located across from Havensight Mall and overlooking Long Bay in St. Thomas, is designed for both business and leisure travelers.

Developed by Haven Development and managed by Hotel Equities, the property includes a full-service bar, 2,000-square-foot pool deck, and modern interiors in shades of Caribbean blue. The project reflects a commitment to local philanthropy and education, with donations pledged to the Virgin Islands Department of Education and charitable organizations.

Antigua: Hammock Cove Adds Signature Villas & Cultural Programming

Hammock Cove Antigua, part of Elite Island Resorts, recently launched its Signature Villas—larger, more luxurious accommodations featuring oversized plunge pools, wet bars, and spacious living areas. The announcement is paired with new cultural programming, including a Scotch & Cognac Club, cigar socials, and artist exhibitions.

Resort General Manager Adrian Pickard noted the upgrades reflect a drive to “raise the standard of luxury in Antigua,” blending curated experiences with high-touch service in a boutique atmosphere.

A Boom With Staying Power

This new wave of Caribbean hotel development is more than a construction trend — it’s a reflection of shifting travel patterns, growing investor confidence in investing in the Caribbean, and increasing demand for regional, culturally aligned experiences. Whether through job creation, environmental stewardship, or product innovation, these properties are reshaping the region’s global brand — one hotel at a time.

Looking to invest in Caribbean real estate or hospitality? Connect with Invest Caribbean for access to private loan opportunities across the U.S., Caribbean & LATAM.

Amazon Opens First Caribbean Distribution Hub – What This Means For Regional Trade and Investment

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News Americas, NEW YORK, NY, Thurs. Sept. 18, 2025: Global e-commerce giant Amazon this month officially launched its first-ever Caribbean distribution hub in the Dominican Republic, marking a strategic turning point for regional logistics, investment, and digital commerce.

The inaugural cargo flight by Amazon Air touched down at Las Américas International Airport in Santo Domingo on September 2, 2025. Operated by 21 Air using Boeing 767-300 freighters, the new hub will see seven weekly cargo flights arriving from Miami, aiming to streamline trade, cut delivery times, and cement the Dominican Republic’s place as a regional e-commerce logistics powerhouse.

Beyond Borders: A Regional Game-Changer

While the hub is physically located in the DR, its purpose extends far beyond national borders. By positioning the country as a Caribbean-wide logistics center, Amazon is laying the groundwork for broader regional integration into global supply chains.

The Caribbean has long been hampered by fragmented logistics, high freight costs, and long delivery timelines. Amazon’s entry — even if currently cargo-focused — presents an opportunity to shift the narrative from isolation to integration.

Implications for Caribbean Governments and SMEs

For Caribbean governments, Amazon’s move is a wake-up call. While countries like the DR are leveraging trade zones and modernized customs to attract infrastructure investment, many neighbors lag behind. The hub could inspire new public-private partnerships, modernization of import/export regulations, and targeted investments in warehousing, cold storage, and inter-island shipping.

For Caribbean entrepreneurs and small businesses, the hub’s launch hints at future potential — including faster access to inventory, reduced cross-border shipping costs, and possibly smoother participation in Amazon’s seller ecosystem.

Not Prime Yet – But the Infrastructure Is Coming

It’s important to note that the current operation is focused strictly on logistics and cargo. Full-scale Amazon Prime delivery — including next-day or two-day shipping — is not yet live across the region. However, this hub significantly reduces dependency on U.S. transshipment ports, a bottleneck that has long plagued regional delivery.

For consumers in the region, the presence of Amazon Air could gradually improve shipping speeds and expand access to eligible Prime items, particularly in high-demand markets.

Strategic Timing Amid Global Shifts

Amazon’s expansion into the Caribbean comes as global companies look for nearshore alternatives to Asia-based logistics chains. The region’s proximity to the U.S., bilingual talent, and expanding trade infrastructure make it an attractive investment destination — if regional coordination can keep pace.

The Dominican Republic, already one of the region’s fastest-growing economies, now adds another badge: Caribbean logistics gateway. The challenge — and opportunity — is whether other nations will follow suit, compete, or collaborate.

Conclusion: Signal or Starting Point?

Amazon’s new hub isn’t just a milestone – it’s a message. The Caribbean is no longer just a vacation destination or offshore tax zone. It’s a rising logistics and e-commerce frontier. Whether the rest of the region can ride this momentum will depend on leadership, infrastructure investment, and bold policy choices.

World of Dolphins Announces It is Exploring the Sale of Its Majority Stake in JSE-listed Dolphin Cove Ltd.

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World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, is exploring a sale of its 79.99% stake in Dolphin Cove Limited (JSE:DCOVE), the Jamaica Stock Exchange-listed marine attractions company.

Interested parties are invited to contact Greenhill & Co., LLC, the company’s investment banker, for further information.

On March 31, 2025, Leisure Investments Holdings LLC, the ultimate parent of World of Dolphins Inc., and certain of its affiliates filed for Chapter 11 bankruptcy protection in Delaware.

World of Dolphins and Dolphin Cove Limited have not filed chapter 11 cases and are not parties to any formal restructuring or insolvency proceeding.

KINGSTON, Jamaica, Sept. 16, 2025 /PRNewswire-HISPANIC PR WIRE/ — World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, announced today that it is exploring a sale of its 79.99% stake in Dolphin Cove Limited.

Dolphin Cove Limited is a renowned Jamaican marine attractions company operating four premier locations on the island’s north coast (Ocho Rios, Moon Palace, Jamaica Grande, and Lucea) offering immersive dolphin and marine wildlife experiences and Yaaman Adventure Park (Ocho Rios) offering an adventure park complete with four-wheel drive vehicles, ziplines, waterfalls and other outdoor adventures. The company is publicly traded on the Jamaica Stock Exchange under the ticker DCOVE. Established in 1998, Dolphin Cove has grown into a leader in experiential tourism—offering dolphin programs, diverse animal encounters, restaurants, and retail services. Today, the company is majority-owned (79.99%) by World of Dolphins Inc., while founder Stafford Burrowes retains a minority stake (approximately 9.8%) and continues to serve as Chairman of the Board.

World of Dolphins asks that parties interested in purchasing some or all of its 79.99% stake in Dolphin Cove please reach out to Jakub.Mleczko@greenhill.com and Charles.Geizhals@greenhill.com at Greenhill & Co, who is serving as the company’s investment banker. For inquiries, Greenhill advisors will provide non-disclosure agreements and data room access, including a detailed timeline for the sale process.

On March 31, 2025, Leisure Investments Holdings LLC—the global operator of 30+ marine parks and dolphin habitats— and certain of its affiliates (collectively, the “Debtors”) voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. World of Dolphins and Dolphin Cove Limited have not filed chapter 11 cases and are not parties to any other formal restructuring or insolvency proceeding.

ABOUT DOLPHIN COVE LIMITED (JSE:DCOVE)

Dolphin Cove Limited (DCOVE) is a subsidiary of World of Dolphins, which is a subsidiary of Leisure Investments Holdings LLC. DCOVE operates tourist attractions in Jamaica. The company offers dolphin programs, and an adventure park offering four-wheel off-road vehicles, ziplines, waterfalls and other outdoor adventures, as well as other ancillary operations, such as restaurants, gift stores and picture/video shops. Dolphin Cove Limited was incorporated in 1998 and is based in Ocho Rios, Jamaica.

Additional information, including court filings and claims details, is available at veritaglobal.net/dolphinco or by calling 888-733-1434 (U.S./Canada) or 310-751-2633 (International).

The Real-Time Caribbean Billionaires Of 2025

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News Americas, NEW YORK, NY, Weds. Sept. 10, 2025: The Caribbean continues to make its mark on the global billionaire map, with a diverse group of business moguls, investors, and cultural icons featured on the latest Forbes Real-Time Billionaires list. From finance and cryptocurrency to health products and music, the 2025 Caribbean billionaires reflect the dynamism and global influence of the region and its appeal. Here are today’s real time Caribbean billionaires.

Kenneth Dart Tops the Caribbean List

At the top of the regional ranking is US-born Kenneth Dart, with an estimated net worth of $13.1 billion, making him the 212th richest person in the world. The 70-year-old investor, who is listed as from Belize, built his fortune through strategic global investments. Dart’s wealth grew by $86 million on the latest trading day, reflecting his consistent ability to navigate shifting global markets.

Justin Sun: Crypto Billionaire

The Caribbean’s second-highest entry is Chinese-born Justin Sun, the 35-year-old cryptocurrency entrepreneur who now calls St. Kitts and Nevis home. With a net worth of $8.5 billion, Sun ranks 401st globally. Known for founding the blockchain platform TRON, Sun’s wealth reflects the volatile yet lucrative world of digital currencies. Unlike other billionaires on the list, Sun’s fortune remained unchanged in the latest report, but his position solidifies the Caribbean’s stake in the growing fintech space.

Myron Wentz: Health Products Mogul

While he was born in the US, Myron Wentz, the 85-year-old founder of nutritional supplement company USANA Health Sciences, calls St. Kitts and Nevis home and is listed as a billionaire from the federation, its second. Wentz, with a net worth of $1.3 billion, ranks 2731st worldwide. While his wealth dipped slightly by $2 million (-0.14%), his influence in the global health products industry remains strong, underscoring the Caribbean’s surprising ties to wellness entrepreneurship.

Rihanna: Music, Cosmetics, and Billionaire Stardom

One of only four Caribbean billionaires is Rihanna – seen on September 9, 2025 in Los Angeles, California. (Photo by DUTCH/Bauer-Griffin/GC Images)

No Caribbean billionaire list would be complete without Rihanna, the Barbadian superstar who parlayed her music career into a business empire. At 37 years old, Rihanna’s net worth stands at $1 billion, ranking her 3067th globally. Her wealth stems largely from her Fenty Beauty cosmetics line and Savage X Fenty lingerie brand, which redefined diversity and inclusivity in global fashion and beauty. Rihanna remains the only Caribbean-born woman on the billionaire list, a symbol of both cultural power and business acumen.

Michael Lee-Chin: Jamaican-Born, Canadian-Based

While Michael Lee-Chin is not listed as a Caribbean billionaire per Forbes’ country criteria, his story remains deeply tied to Jamaica. Born in Port Antonio, the 74-year-old mutual funds magnate is ranked 2972nd in the world with a net worth of $1.1 billion. Forbes lists him under Canada, where his company Portland Holdings is headquartered. Still, Lee-Chin continues to run several Caribbean companies and invest Caribbean, reinforcing his influence across the region.

A Diverse Billionaire Class

From Belize to Barbados, and St. Kitts to Jamaica, the Caribbean’s billionaires embody a wide range of industries and paths to wealth:

Traditional finance and investments (Dart, Lee-Chin)

Emerging digital currencies (Sun)

Health and wellness (Wentz)

Entertainment and consumer goods (Rihanna)

Their collective presence not only adds visibility to the region on Forbes’ global scale but also serves as inspiration for future generations of Caribbean entrepreneurs, artists, and innovators.

FreedomPay Enables Transformative Hospitality Payment Technology In The Bahamas

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CARIBPR WIRE, PHILADELPHIA, Sept. 02, 2025: FreedomPay, the global leader in Next Level Commerce technologies, announces the expansion of its world-class payment solution to The Bahamas, a premier destination in the global tourism market.

As the only agnostic payment gateway and global payment orchestration platform, FreedomPay enables seamless, fully integrated payments for hotel chains and resorts around the world. FreedomPay’s industry-leading, pre-integrated network of global hospitality partners delivers exceptional, consumer-focused experiences across every payment scenario.

Already the global leader in the Hospitality industry, serving over 70% of the top hotels in North America, thousands more internationally, and some of the largest global restaurant brands, the expansion into The Bahamas signifies a new milestone in FreedomPay’s commitment to drive digital commerce transformation worldwide.

In a crowded field of hospitality payment technology solutions, FreedomPay stands apart with:

An open and agnostic platform offering choice of acquirers, processors, hardware and payment technology partners.

1,000+ Integration partners including leading POS, PMS, hardware, kiosk, web and mobile providers.

Unified commerce technology seamlessly connecting back-end systems with guest-facing channels.

Advanced functionality powering loyalty, data insights, estate management, card services and more.

“FreedomPay is the preferred partner of choice for many of the leading hotel brands around the world, and we’re thrilled to extend our best-in-class Hospitality solution to the hotels, resorts, and restaurant operators of The Bahamas,” said Chris Kronenthal, President of FreedomPay.

FreedomPay is the only provider offering streamlined payment orchestration tailored to the top names in Hospitality systems. With access to a robust library of over 1,000 integrations, hotel & resort operators can choose the ideal solution to fit their needs. This approach optimizes various selling scenarios while delivering a unified payments technology platform that is simple to implement, manage, and monitor.

ABOUT FREEDOMPAY

FreedomPay is the global leader in Next Level Commerce—transforming the way businesses power payments and experiences across the world. More than a payment solution, FreedomPay is a world-class independent payment gateway engineered to simplify complexity, break down the barriers of legacy systems, and revolutionize every point of interaction—whether in-store, online, or mobile. Chosen by the leading brands across retail, hospitality, sports and entertainment, food service, healthcare and higher education, FreedomPay delivers technology strength, integration breadth, and deep expertise in global payments innovation.

As one of the first solutions in North America validated by the PCI Security Standards Council for P2PE, FreedomPay sets the gold standard for payment security, trust, and performance. With a unified technology stack, lightning-fast APIs, and integrated solutions across payments, FreedomPay gives businesses total peace of mind plus the freedom to choose any hardware provider. Move faster, act smarter, and lead markets—not chase them. www.freedompay.com