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The Whitehaven director behind Grindr’s IPO, Toshiba’s takeover and the BHP coal play

Whitehaven director Raymond Zage is a low-profile powerbroker whose history stretches from Nathan Tinkler to Grindr.

Coal played a pivotal role in Raymond Zage making a name for himself. Cover Images.

Given the influence he’s exerted over the years, George Raymond Zage III is something of an enigma. Going by Raymond Zage in his day to day — or simply Ray to those who know him — the Illinois-born, Singapore-based businessman wears as many hats as he does names, popping up in the most unlikely of places.

He’s on the Singapore Economic Development Board’s equity investment arm, holding sway on where the financial hub invests its future, and giving scholarships to its national university.

He's steering and investing in Indonesian largest real estate developer, PT Lippo Karawaci Tbk.

He’s grinning as he rings the bell at the New York Stock Exchange to take LGBTQ dating app Grindr public — and for good reason. As a director and major shareholder, Zage, holds more than USD440 million worth of stock.