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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.
September 14, 1962 in New York City, U.S.
63 years
Investments
Finance And Investments
United States
New York, New York
Bachelor of Arts / Science, Oxford University; Master of Arts, Oxford University; Doctorate, Oxford University
Dafna Recanati
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:
Thomas Kaplan: Major Achievements
Kaplan's major achievements include:
Thomas Kaplan: Awards & Achievements
Kaplan has received numerous awards and recognitions for his contributions to business, philanthropy, and conservation, including:
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
Thomas Scott Kaplan is born in New York City.
Kaplan founds Apex Silver Mines to capitalize on improving supply/demand fundamentals of metals.
Kaplan becomes the largest investor in African Platinum Plc (then known as Southern African Resources Plc) through a related company.
Kaplan and his wife, Dafna Recanati Kaplan, begin collecting the art of the Dutch Golden Age.
Kaplan founds Leor Exploration & Production LLC, which becomes the fastest-growing privately held hydrocarbon exploration and production company in the United States.
Kaplan retires from Apex Silver at the end of the year.
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.
Kaplan sells Leor's natural gas assets to Encana (now Ovintiv) for $2.55 billion.
Kaplan becomes president of the 92nd Street Y, a prominent Jewish community and cultural center in New York City.
Kaplan becomes chairman of the board of directors of the 92nd Street Y.
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.
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.
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.
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.
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.
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.
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When and where was Thomas Scott Kaplan born?
What is Thomas Scott Kaplan's current role in The Electrum Group LLC?
What is the Leiden Collection?
What is Thomas Scott Kaplan's involvement in philanthropy and activism?
Who is Thomas Scott Kaplan married to and how many children do they have?