Thomas Kaplan

Thomas Kaplan

$1.00 B

Ranked #1940 in World

About Thomas Kaplan

Thomas Kaplan is an American businessman and philanthropist who is chairman and chief investment officer of The Electrum Group, an investment firm focused on the natural resources sector. In addition to his investing career, Kaplan is also an art collector and chairman of the International Alliance for the Protection of Heritage in Conflict Areas (ALIPH) and heads the Leiden Collection, one of the world's largest private collections of Dutch art.

Born

September 14, 1962 in New York City, U.S.

Age

63 years

Source Of Wealth

Investments

Industries

Finance And Investments

Citizenship

United States

Residence

New York, New York

Education

Bachelor of Arts / Science, Oxford University; Master of Arts, Oxford University; Doctorate, Oxford University

Spouse

Dafna Recanati

Children

3

Thomas Scott Kaplan, an American businessman, philanthropist, and art collector, was born on September 14, 1962, in New York City. Born to Lillian Jean Berger and Jason "Jay" Kaplan, he grew up in a Jewish family. Kaplan developed a passion for wildlife conservation and Rembrandt during his youth.

Kaplan earned bachelor's, master's, and doctoral degrees in history from Oxford University. His doctoral dissertation focused on the Malayan counterinsurgency and the influence of commodities on strategic planning. While pursuing his Ph.D., he worked as an analyst covering Israeli companies publicly traded in the U.S.

During a business trip, Kaplan met his future wife, Dafna Recanati, the daughter of Israeli artist Mira Recanati and investor Leon Recanati.

Thomas Kaplan: Family

Thomas Kaplan is married to Dafna Recanati Kaplan, and they have three children together.

Thomas Kaplan: Career Highlights

Inspired by Marc Faber's belief in precious metals as insurance against central governments' "monetary foolishness," Kaplan focused on natural resources investing. He founded Apex Silver Mines in 1993 to capitalize on improving supply/demand fundamentals of metals and served as its chairman and chief executive officer.

Kaplan discovered and financed the mining of the San Cristobal deposit in Bolivia. He retired from Apex Silver at the end of 2004 and became the largest investor in African Platinum Plc (then known as Southern African Resources Plc) through a related company in 2003. He sold his position in African Platinum in 2007 as part of a transaction in which the company was acquired by Impala Platinum Limited for $580 million.

In 2003, Kaplan founded Leor Exploration & Production LLC, which became the fastest-growing privately held hydrocarbon exploration and production company in the United States. He sold Leor's natural gas assets to Encana (now Ovintiv) for $2.55 billion in 2007.

Kaplan began investing heavily in gold in 2000 and has focused on the Electrum Group since the sales of African Platinum and Leor in 2007.

Electrum Ltd., co-founded with Dr. Larry Buchanan, owns gold exploration assets, while other entities hold interests in several publicly traded companies, including NovaGold Resources and Gabriel Resources Ltd., which own gold resources.

The Electrum Group is the controlling shareholder of Sunshine Silver Mining & Refining Corporation, which owns the Sunshine Mine in Idaho and the Los Gatos silver-zinc deposit in Mexico. Gatos Silver went public in October 2020, raising $170 million.

Kaplan's investment strategy is guided by his "mantra" to "go for the great assets that give you tremendous underlying leverage to your theme... but only in jurisdictions that will allow you to keep the fruits of the leverage." Analysts refer to his highlighting the importance of jurisdictional risks in the mining industry as the "Kaplan Doctrine."

Thomas Kaplan: Companies

Thomas Kaplan has been involved with several companies throughout his career, including:

  • Apex Silver Mines
  • African Platinum Plc
  • Leor Exploration & Production LLC
  • Electrum Group
  • Electrum Ltd.
  • NovaGold Resources
  • Gabriel Resources Ltd.
  • Sunshine Silver Mining & Refining Corporation
  • Gatos Silver

Thomas Kaplan: Major Achievements

Kaplan's major achievements include:

  • Discovering and financing the mining of the San Cristobal deposit in Bolivia.
  • Building Leor Exploration & Production LLC into the fastest-growing privately held hydrocarbon exploration and production company in the United States.
  • Selling Leor's natural gas assets to Encana (now Ovintiv) for $2.55 billion.
  • Establishing the Electrum Group as a leading player in the natural resources sector.
  • Becoming the controlling shareholder of Sunshine Silver Mining & Refining Corporation.
  • Raising $170 million in Gatos Silver's initial public offering.
  • Developing the "Kaplan Doctrine," which emphasizes the importance of jurisdictional risks in the mining industry.

Thomas Kaplan: Awards & Achievements

Kaplan has received numerous awards and recognitions for his contributions to business, philanthropy, and conservation, including:

  • Chevalier in the Ordre national de la Légion d'honneur of France (2014)
  • Commandeur in the Ordre des Arts et des Lettres of France (2017)
  • Officer in the Order of Orange-Nassau of the Netherlands (2018)
  • "Hero of the Year Award" by the International Wildlife Film Festival (2012)
  • New Species Award and the naming of the newly discovered Orianne's Tree Snake by the African Rainforest Conservancy (2014)
  • Hadrian Award by the World Monuments Fund (2019)

Thomas Kaplan: Personal Life & Legacy

Kaplan is married to Dafna Recanati Kaplan, and they have three children.

He is known for his passion for art, particularly Dutch art from the Golden Age, and has amassed a significant collection of paintings and drawings through the Leiden Collection, which he established with his wife.

Kaplan is also actively involved in philanthropy and conservation efforts. He serves as chairman of the International Alliance for the Protection of Heritage in Conflict Areas (ALIPH) and is the executive chairman of Panthera Corporation, a charity dedicated to preserving big cats and their ecosystems.

Kaplan's contributions to business, art, and conservation have left a lasting legacy and continue to inspire others to make a positive impact on the world.

Thomas Kaplan: Trivia

  • Kaplan's passion for Dutch art began in childhood when he saw a painting by Rembrandt at the Metropolitan Museum of Art in New York City.
  • He and his wife, Dafna, began collecting Dutch Golden Age art in 2003 and have since amassed a collection of over 250 paintings and drawings.
  • The Leiden Collection is named after the Dutch town of Leiden, where Rembrandt and Gerrit Dou were born.
  • Kaplan's "mantra" for investing is to "go for the great assets that give you tremendous underlying leverage to your theme... but only in jurisdictions that will allow you to keep the fruits of the leverage."
  • Analysts refer to his highlighting the importance of jurisdictional risks in the mining industry as the "Kaplan Doctrine."
  • Kaplan is a member of the Council on Foreign Relations and belongs to the International Council of the Belfer Center for Science and International Affairs at Harvard University.
  • He co-founded Justice for Kurds (JFK) in 2018 with French philosopher and activist Bernard-Henri Lévy, an advocacy group that seeks to educate and raise public awareness about the Kurdish cause in the U.S. and globally.
  • Kaplan served as president (2009–2012) and chairman of the board of directors (2012–2015) of the 92nd Street Y, a prominent Jewish community and cultural center in New York City.
  • He helped fund the creation of Albertine, a bookshop housed in the historic Payne Whitney House of the French Embassy on Fifth Avenue in New York City.
  • Kaplan became the chairman of the International Alliance for the Protection of Heritage in Conflict Areas (ALIPH) in 2017, a Geneva-based foundation dedicated to the implementation of preventive, emergency response, and restoration programs for cultural property in danger of destruction, damage, or looting.
  • He is the executive chairman of Panthera Corporation, a charity he and his wife co-founded with Alan Rabinowitz in 2006, which is devoted to preserving big cats and their ecosystems.
  • Kaplan helped establish a felid conservation program at Oxford University in collaboration with David MacDonald.
  • He founded the Orianne Society, focused on the conservation of the eastern indigo snake and its habitat, the last remaining long-leaf pine forests of the Southeastern United States.
  • Kaplan launched the Indian Ocean Tortoise Alliance (IOTA), a Seychelles-based initiative dedicated to the conservation of the Aldabra tortoise and its rewilding in the other countries where it previously existed.

Wealth History

Timeline

September 14, 1962

Thomas Scott Kaplan is born in New York City.

1993

Kaplan founds Apex Silver Mines to capitalize on improving supply/demand fundamentals of metals.

2003

Kaplan becomes the largest investor in African Platinum Plc (then known as Southern African Resources Plc) through a related company.

2003

Kaplan and his wife, Dafna Recanati Kaplan, begin collecting the art of the Dutch Golden Age.

2003

Kaplan founds Leor Exploration & Production LLC, which becomes the fastest-growing privately held hydrocarbon exploration and production company in the United States.

2004

Kaplan retires from Apex Silver at the end of the year.

2007

Kaplan sells his position in African Platinum as part of a transaction in which the company is acquired by Impala Platinum Limited for $580 million.

2007

Kaplan sells Leor's natural gas assets to Encana (now Ovintiv) for $2.55 billion.

2009

Kaplan becomes president of the 92nd Street Y, a prominent Jewish community and cultural center in New York City.

2012

Kaplan becomes chairman of the board of directors of the 92nd Street Y.

2014

Kaplan helps fund the creation of Albertine, a bookshop housed in the historic Payne Whitney House of the French Embassy on Fifth Avenue in New York City.

2015

Kaplan and his boyhood friend, Simon Marsh, part with two Spitfire Mark I fighter planes that they had restored with Historic Flying of Duxford, Cambridgeshire, after Marsh's passing.

2017

Kaplan becomes chairman of the International Alliance for the Protection of Heritage in Conflict Areas (ALIPH), a Geneva-based foundation dedicated to the implementation of preventive, emergency response, and restoration programs for cultural property in danger of destruction, damage, or looting.

2018

Kaplan co-founds Justice for Kurds (JFK) with French philosopher and activist Bernard-Henri Lévy, an advocacy group that seeks to educate and raise public awareness about the Kurdish cause in the U.S. and globally.

2020

Kaplan establishes the Petraeus-Recanati-Kaplan Fellowship at the Yale Jackson School of Global Affairs, which brings select special military operators to Yale University for a one-year global affairs master's.

2022

Kaplan creates the Recanati-Kaplan Applied History Initiative at the Cambridge Middle East and North Africa Forum to inform Middle East policy with deep historical insight.

Thomas Kaplan : FAQs

What is Thomas Kaplan's net worth?

As of 2017, Thomas Kaplan's net worth was $1.00 billion.

What are Thomas Kaplan's main sources of wealth?

Thomas Kaplan's main source of income comes from Investments.

In which industry does Thomas Kaplan primarily operate?

Thomas Kaplan is primarily involved in the Finance And Investments industry.

What is Thomas Kaplan educational background?

Thomas Kaplan holds a Bachelor of Arts / Science from Oxford University, a Master of Arts from Oxford University and a Doctorate from Oxford University.

How old is Thomas Kaplan?

Thomas Kaplan is 63 years old.

How many children does Thomas Kaplan have?

Thomas Kaplan has 3 children.

When and where was Thomas Scott Kaplan born?

Thomas Scott Kaplan was born on September 14, 1962, in New York City.

What is Thomas Scott Kaplan's current role in The Electrum Group LLC?

Thomas Scott Kaplan is the Chairman and Chief Investment Officer of The Electrum Group LLC.

What is the Leiden Collection?

The Leiden Collection is one of the largest private collections of Dutch art in the world, focusing on Rembrandt and his school.

What is Thomas Scott Kaplan's involvement in philanthropy and activism?

Thomas Scott Kaplan has been involved in various philanthropic and activism efforts, including supporting organizations dedicated to wildlife conservation, cultural preservation, and international affairs.

Who is Thomas Scott Kaplan married to and how many children do they have?

Thomas Scott Kaplan is married to Dafna Recanati Kaplan and they have three children.
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