Jim Mellon is a British entrepreneur, philanthropist and investor with interests in several industries. He began his investment career in Asia and the US, where he worked for two fund management companies, GT Management and Thornton & Co. He established his own business in 1991, which today has two components: a listed fund management company, Charlemagne Capital Limited and an Asian investment group, Regent Pacific Group Limited. In addition, Jim is a controlling shareholder and a director of Manx Financial Group, an Isle of Man based bank, and a controlling shareholder of Webis Holdings plc. He is also a co-founder of Uramin and Red Dragon Resources, both mining groups. Furthermore, his private company Burnbrae Group is a substantial landlord in Germany and in the Isle of Man, owning outright the hotel chain Sleepwell Hotels Limited, as well as major shareholdings in private and public companies in sectors such as banking, commodities, leisure and healthcare. In 2017 Jim co-founded Juvenescence, a UK biopharmaceutical company focused on developing biotechnologies to slow or even reverse mechanisms of aging. His latest interest involves “the clean meat revolution”. Clean meat, also known as lab-grown, in vitro, or cultured meat, is meat that is grown in cell culture, rather than in an animal’s body. Potential benefits of clean meat include sustainability, environmental friendliness, animal welfare, food safety, and novel foods. Jim has published six best-selling investment books to date, including three focused on investment opportunities in the life sciences sector. Jim studied PPE at Oxford University. He is an Honorary Fellow of Oriel College at the University of Oxford and is a trustee of the Biogerontology Research Foundation, as well as of the Lifeboat Foundation.
What is your motto?
I don’t have one but If I had one, it would be about curiosity, adaptability and application.
What are theree words to describe yourself?
Restless, enthusiastic and loyal.
What is the best part about your job?
I don’t really have a job; the best part of what I do is being able to navigate freely across the world of ideas, pick them up and hopefully run with them, like “Juvenescence” or “the clean meat revolution”, and before that mining…and before that emerging markets… just basically to be able to do whatever I want.
What is the hardest thing you’ve ever done – your greatest challenge?
There have been plenty of those but the hardest thing is always raising money for new companies. Everything else, like ideas, people…are relatively easy; raising initial capital is the hardest thing.
How do you define success?
Job well done I suppose, and being able to work in a team, in fact I’ve never worked on my own. Also, it’s not just about the monetary value, it’s the feeling you have accomplished something; however, that feeling goes away very quickly because there is always something else to accomplish straight afterwards.
What are you working on now that you are excited about?
I’m very involved in Juvenescence but also in writing my seventh book. The book is about “the clean meat revolution”, “the plant based food revolution”. I’am halfway through it and the book will be out in august 2020. I’ve used this coronavirus lockdown to do this.
What are you grateful for?
What is your bad day backup plan?
A long walk.
What gives you goose bump?
An “eureka moment”, that is things that I suddenly discover are really interesting. To give you an example, in 1994 I came across the fact that Russia was privatizing its industries through a system of voucher,and I found that before anyone else; that gave me “goose bump”.
What is a rule that is made to be broken?
I think that investing (which is what I do for a living) in the status quo is a big mistake. I’m always looking for under-loved, under-owned and underappreciated ideas. For instance, the rule for investors, at the moment, is that you should invest in the “stay at home” technologies by Facebook or Zoom, etc….but if you invest in all of that, you are going to lose all your money or a lot of your money. You need to look for something else. Don’t invest in the status quo.
What woman has inspired you the most and why?
My mother because she was very encouraging.
PERSONAL HEALTHY LONGEVITY PROGRAM
- EXERCISE: every day, cardiovascular exercise, weights, and I always do more than 10.000 steps a day. I’ve completed 42 marathons in my life.
- MENTAL EXERCISE: None.
- DAILY SUPPLEMENTS: Vitamin D, Zinc, Vitamin B12, magnesium,
- DIETARY PROTOCOL: I don’t eat any meat and I haven’t eaten meat for 5 years.
- SLEEP: 7 hours at night but sometime I sleep for another hour during the day.
- RELAXATION AND STRESS RELIEF: going for a walk.
- BEST HABIT TO CULTIVATE: get up really early and go to bed early. If I can, I get up between 4.30-5.00am every morning, and I go to bed about 8.00-8.30pm.
- PERSONAL SECRET: the cultivation of a network of friends, who are loyal to each other and who support each other, is the greatest comfort in life. “Friends” can be within your family, they can be your romantic relationship or they can be an outside party. It is a very important thing to me to have my network of friends…actually it is the most important thing in my life!