Marc Faber Defended by Conference Organizer After Racist Report
- ‘We can’t ignore his life work, experience and knowledge’
- World Wealth Creation Conference 2017 to be held in Singapore
Marc Faber Resigns From Sprott Board After Racist Report
Just hours after Marc Faber was ousted from three corporate boards for racist comments in his newsletter, organizers of a wealth conference next month in Singapore decided to keep the veteran investor as a keynote speaker.
The event’s founder, hedge fund manager Mikk Talpsepp, described a debate with his Chief Operating Officer Denis Merkuljev and Anneli Duarte, the summit’s sales director, that took place before the decision. Other scheduled speakers at the inaugural Wealth Creation Conference 2017 include Qi Wang, chief executive officer of MegaTrust Investment, and Ravi Chidambaram, co-founder of TC Capital Pte. The content of Talpsepp’s email to Bloomberg has been lightly edited for clarity.