Opinion: The Cure for Miserable Millionaires “Who would be crazy enough to live like this?” I wondered, tiptoeing through the maze of single-person tents. These volunteers, who came from every corner of the globe, were truly roughing it.
“I’m driven by passion.”
Frank Giustra has achieved more than he could have dreamed growing up for much of his youth in British Columbia. As chairman and chief executive officer of Yorkton Securities in the 1990s, he developed the brokerage firm into a major natural-resource investment bank, achieving great success through creative deal-making and capital utilization. By 1997, his entrepreneurial success also included the founding of Lionsgate Entertainment, now one of the world’s largest independent film companies, and served as its chairman until 2003 - returning to the company’s board as a director from 2010 to 2015. He is also the principal shareholder in Thunderbird Films Inc. Everything he does is driven by passion. This includes food. Many of his investments are food related: he produces some of the world’s best olive oil, Domenica Fiore Extra Virgin Olive Oil; and owns Modern Farmer magazine.
Mr. Giustra is a strong believer in philanthropy, and devotes much of his time to a variety of causes. Since 2005, he has become an active executive member with the International Crisis Group, a widely recognized independent, non-partisan source of analysis and advice to policymakers on the prevention and resolution of deadly conflict.
Having travelled extensively, he has experienced many of the major global issues firsthand. In 2007, seeking the best way to address poverty in the developing world, he created the Clinton Giustra Enterprise Partnership with former U.S. President Bill Clinton, a massive philanthropic gesture that he challenged other wealthy global citizens to emulate. Through education, training, and the establishment of supply-chain and distribution social enterprises, CGEP has empowered countless disadvantaged people in Haiti, El Salvador, Colombia, and Peru.
In Vancouver, Frank Giustra was instrumental in the creation of Streetohome, a public-private partnership formed to address the problem of homelessness in the city. And, recalling his own youth, he funds the Boys Club Network, a support and mentorship program for at-risk teenagers that has spread to dozens of schools from its origin at Templeton Secondary School. His desire to effect meaningful change grow from a simple credo: “I don’t intend to become just another dead rich guy.”
News and Articles
The International Crisis Group is pleased to announce the selection of two young regional experts for the second round of appointments to our Giustra Fellowships.
Global Refugee Sponsorship Initiative: The Global Refugee Sponsorship Initiative met in Ottawa this week for a three-day launch event that brought together 90 participants, including sponsorship groups, international delegates, partners and government officials interested in Canada’s private sponsorship model for refugees.
Crisis Group: A $1 million gift by Canadian philanthropist and Crisis Group Trustee Frank Giustra has enabled Crisis Group to grant two-year research fellowships to three young regional experts. The new Giustra Fellows will assist in our mission to prevent deadly conflict, with a focus on the plight of refugees and the displaced.
VIFF: Announced tonight at the Vancouver International Film Festival’s Opening Night Gala, Alex Nagy was awarded with the $20,000 grand prize from the Radcliffe Foundation for his short film Helpful Hand. The award is a result of a months-long short film competition aimed at encouraging Canadians to take action on the global refugee crisis.
PM Justin Trudeau’s Remarks at the United Nations: Canadians are not just engaged at home. Abroad, Canadian business leaders like Frank Giustra have done amazing work to make it easier for vulnerable migrants to find a place to live. Last November, Frank went to Lesbos in Greece and to help set up a reception centre to offer shelter for 1500 refugees arriving by sea. He went back just last March with members of Vancouver’s search and rescue team to help the local authorities save more lives
EJAF: On Wednesday, November 2, 2016, the Elton John AIDS Foundation (EJAF) will host its 15th annual An Enduring Vision gala at Cipriani Wall Street in New York City. This year's honorees are United Nations Secretary-General Ban Ki-moon and philanthropists Frank Giustra and Steve Tisch. Emmy award-winning producerAndy Cohen will host the event.
The Huffington Post: With refugee camps in Greece in dire conditions, advocates are looking to alternative and unconventional housing options. An abandoned 6,000-square-foot textile factory has recently been repurposed to serve as a housing and medical facility for refugees in Thessaloniki, Greece.
Video: Radcliffe Foundation founder, Frank Giustra discusses his work in aiding the Syrian Refugee Crisis through Radcliffe Foundation including Elpida Home and the Refugee Stories short film competition.
Video: Radcliffe Foundation founder, Frank Giustra discusses the refugee stories call-to-action film competition held in partnership with Vancouver International Film Festival on Global News Hour at 6.
News Release: Frank Giustra is among the 16 British Columbians recognized for this award: “an outstanding philanthropist, making an impact around the globe and especially in the humanitarian field.”
Video: Sarah McLachlan details the Refugee Crisis Film competition presented by The Radcliffe Foundation, in collaboration with the Vancouver International Film Festival. The competition will award a $20,000 prize for a short 'call-to-action' film that empowers us to take action on the global refugee crisis.