Few figures in Cyprus’ contemporary history have wielded influence as holistically as Joseph Borghese. Entrepreneur, philanthropist, special envoy—his legacy bridges high finance and humanitarianism, corporate innovation and child protection. With over 20 years of experience leading change across continents, Borghese talks to Forbes for an in-depth conversation on his journey, vision, and the impact he hopes to leave behind.
Joseph, you’ve called Cyprus home for over two decades. What does this country mean to you personally and professionally?
Cyprus is more than just a home-it’s the foundation of everything I’ve built. As a member of the Cypriot community, I’ve always felt a responsibility to contribute to the island’s development. Professionally, Cyprus offers a strategic location at the crossroads of Europe, Asia, and Africa. That’s powerful. It gives entrepreneurs like me the platform to think globally while being rooted locally. Personally, I’m grateful to the country for the opportunities it has provided, and I’ve tried to give back in every way I can.
What are some challenges you faced in creating a tech- forward company in Cyprus?
One challenge was overcoming the perception that Cyprus is only a tourism or shipping destination. It took time to shift that narrative and show that we have the talent, infrastructure, and ambition to be a tech innovation hub.
We also had to work closely with local regulators to ensure a progressive environment for new technologies. But I’ve always believed that limitations are opportunities in disguise. By engaging with policymakers and creating proof-of-concept ventures, we slowly changed minds and attracted international collaborators.
You also founded the Borghese Multi-Family Office in Ireland. Tell us about that.
The Multi-Family Office is about legacy-both financial and generational. We work with ultra-high-net-worth individuals and through business, philanthropy, and policy.
As the founder of Borghese Ventures Ltd, how would you describe the company’s core mission-and in what ways has it influenced the business landscape in Cyprus?
Borghese Ventures Ltd was built with a mission to empower transformative ideas and foster global impact. We specialize in emerging technologies, strategic investments, and cross-border business development.
At the heart of Borghese Ventures is a commitment to identifying and nurturing ventures that redefine industries and challenge the status quo. We focus on high-growth sectors like artificial intelligence, blockchain, Internet of Things (IoT), financial technology (fintech), and healthtech. What sets us apart is our hands-on approach.
We provide operational guidance, market entry support, and access to a global network of innovators and investors. In Cyprus, this has catalyzed a shift in how innovation is perceived. We’ve helped build a more dynamic entrepreneurial culture, encouraged foreign investment, and created pathways for local talent to engage with global markets.
Borghese Ventures
Mergers and acquisitions have become a key strategic focus for many companies. How is Borghese Ventures approaching M&A activity?
At Borghese Ventures, M&A is not just a growth strategy- it’s a transformation strategy. We seek out opportunities where we can. We advise on everything from international tax strategy to succession planning and philanthropic impact. It’s deeply personal work, and we approach it with a sense of stewardship. These families aren’t just clients; they’re partners in building meaningful futures.
Borghese Multi-Family Office has signed an MoU with ICC. What can you tell us about that move?
India represents a dynamic and evolving wealth landscape, and we see tremendous potential there. Family offices are a relatively new concept in India, but demand is growing rapidly as first-generation entrepreneurs and family-run businesses seek structured solutions for wealth management and legacy planning. We recently signed an MoU with Indian Chambers of Commerce to collaborate on knowledge-sharing, advisory, and investment opportunities. This partnership allows us to bring our expertise into a market that’s ready for sophisticated family office services, while also learning from India’s entrepreneurial culture and innovation potential.
What will be your next jurisdiction for expansion?
The next jurisdiction we’re focusing on is the Pacific small island nations-specifically, the Solomon Islands. We’re currently conducting initial studies for strategic projects in the region. I have strong confidence in the Solomon Islands’ potential; it offers a wealth of untapped opportunities, particularly due to its ability to create exponential value by combining complementary strengths. Whether it’s acquiring a tech firm with breakthrough IP or merging with a partner that shares our vision, the goal is always long-term synergy, not just short-term gain. We focus on sectors where we can contribute not only capital, but also strategic leadership, innovation, and operational excellence. And we are highly selective- every deal must align with our core values and future vision.
As an emerging market with immense promise, we’re excited to contribute to its growth by pursuing sustainable and strategic investments that align with both local priorities and global trends. Our vision is to help position the Solomon Islands as a future economic hub for the Pacific region.
You work across continents. How do you maintain a global perspective while staying grounded in Cyprus?
That’s a great question. I think having a strong home base gives you the freedom to think globally. Cyprus is my anchor, but I spend a lot of time in Europe, the Middle East, Asia, and the USA. I listen, I learn, and I bring back insights.
It’s a two-way street. What we do in Cyprus has to resonate globally, and what we learn globally must enrich Cyprus. That balance is the essence of my leadership style.
One of your most interesting ventures is Pundi X 365. Can you explain what it does?
We offer cutting-edge solutions that combine blockchain, AI, and IoT across key sectors. Our innovations include smart agriculture platforms, blockchain-based documentation, e-government tools, maritime digitalization, wildfire prevention systems, and health tech solutions.
They aim to streamline operations, boost transparency, and drive digital transformation for businesses and governments.
Fintech into everyday life
How do you see fintech evolving in the next five to ten years?
I see fintech becoming deeply integrated into everyday life- almost invisible. We’ll see seamless cross-border payments, AI-driven credit scoring, and smart contracts automating everything from insurance to payroll. Regulation will become more collaborative and adaptive. Most importantly, fintech will be a tool for equality. That’s the vision I’m working toward.
You also co-founded Al Nuwair Global in Oman, which developed CardioCore-AI. What was the inspiration behind that?
I’ve always believed technology should serve humanity. CardioCore-AI is a prime example. It’s an AI-powered diagnostic tool for cardiology that helps detect heart disease early and accurately. In regions where access to specialists is limited, this kind of technology is a game changer.
Al Nuwair Global was launched with the vision of making predictive healthcare more accessible, particularly in underserved areas. It’s innovation with a heartbeat-literally.
Do you see AI transforming the healthcare sector globally?
Absolutely. AI is already reshaping diagnostics, treatment planning, and patient monitoring. The real opportunity lies in personalization-tailoring treatment to individual genetic profiles, behaviors, and environments.
It’s not about replacing doctors; it’s about empowering them. We’re heading toward a future where healthcare is proactive, not reactive.
Can you tell us more about your role at GCH | Hadjikyprianou & Associates LLC and how you support foreign investors entering the Cypriot market?
As a leader in Foreign Investments & Strategic Projects at GCH | Hadjikyprianou & Associates LLC, I oversee the firm’s FDI practice, focusing on sourcing strategic deals and designing tailored investment structures for clients entering the Cypriot market.
My role involves identifying and facilitating high-impact opportunities across sectors, while also working alongside the legal team to support HNWIs and family offices with long-term succession and legacy planning.
Awards are not the goal
You’ve received several high-profile awards. Which ones have meant the most to you?
Each recognition is an honor, but a few stand out. The Cyprus Young Entrepreneur Award in 2019 was very special because it was acknowledgment from my own country.
More recently, I received the Global Excellence in Leadership Award for Enhancing Investment and M&A at the Palace of Westminster in the UK, which was humbling. Being named Académico Honorario by the Academia Nacional de Historia y Geografίa in Mexico, in collaboration with Universidad Nacional Autónoma de México, was deeply meaningful-especially since I was the first Cypriot to receive that distinction. But truthfully, awards are not the goal-they’re reflections of collective effort and purpose.
Let’s talk about your humanitarian work. You founded “Hope For Children” CRC Policy Centre, which has an enormous impact in Cyprus. What inspired that?
I’ve always believed that protecting children is the most sacred responsibility we have. I founded “Hope For Children” CRC Policy Center to create systems of care that put children first-especially those who are vulnerable or at risk. What began in 2008 in a small office in Nicosia has grown into a leading humanitarian organization in child protection, with over 100 staff, a presence across the island, and international representation.
Today, in partnership with the Cyprus government, we run programs like the National Foster Care Program, the Children’s House, which supports victims of sexual abuse, and shelters for unaccompanied children. We also operate helplines available 24/7, run educational programs in schools, provide mental health services to children, and offer many other services that respond to their needs.
These aren’t just services—they’re lifelines. Through this work, we’re strengthening the national child protection framework and ensuring every child has a chance at a better future.
You’ve taken Hope For Children beyond Cyprus, correct?
Yes, we’ve expanded to the United States and six other countries and collaborate with international partners on children’s rights and social policy. Our mission has always been global. Children everywhere deserve to grow up safe, educated, and empowered. Whether it’s advocating for policy change or delivering on-the-ground care, we want to be part of the solution.
You also hold multiple diplomatic roles—Honorary Consul of Tonga, Treasurer of the Cyprus-Australian Business Association, and Special Envoy for Saint Kitts and Nevis. How do these roles complement your business vision?
Business and diplomacy are more connected than people think. Both require relationship-building, trust, and long-term vision. As Honorary Consul for the Kingdom of Tonga, I help foster cultural and economic ties between our nations.
My role as Special Envoy for Foreign Direct Investments for Saint Kitts and Nevis involves attracting strategic partnerships and capital. Through the Cyprus-Australian Business Association, we promote bilateral trade. All of these positions allow me to create bridges—economic, cultural, and diplomatic.
You often share in your interviews your deep appreciation for nature, particularly mountains and lush landscapes. Are you working on any personal or professional projects reflecting this passion?
Absolutely. I’ve already launched a project in the stunning Solea Valley, nestled in the mountains of Cyprus, a region I believe holds tremendous untapped potential. The initiative is called Aidoni Estates, and the first phase of the development is nearing completion.
The goal is to create an eco-friendly, exclusive living experience that’s deeply connected to nature. Once this initial phase is finalized, we plan to expand into other areas of the Valley.
But this project is about more than just real estate; it’s about redefining Cyprus’s tourism narrative. We’ve relied on the “sea and sun” model for too long. Aidoni Estates is designed to champion experience-driven, sustainable tourism that celebrates the rich natural beauty of our mountain regions. As importantly, we’re working to include and empower the local population, ensuring they play an integral role in the project’s growth and success.
LEADERSHIP SHOULD SERVE PEOPLE
Your impact spans multiple continents. What unites all these efforts under one philosophy?
Everything I do—whether it’s business, philanthropy, or diplomacy—is grounded in the belief that leadership should serve people. Success means nothing if it doesn’t elevate others. Whether I’m structuring a multinational investment or funding a child welfare program, my goal is always the same: create impact that lasts.
Have you ever found yourself on the other side—being interviewed for a position?
Yes, in a way—but not your typical job interview. I once proposed a role for myself to the President of Cyprus, outlining how I could contribute strategically at a national level. That led to an interview with the President himself. It was a unique and memorable experience, quite different from the corporate world. However, as the decision process began to stretch out over time, I ultimately chose to withdraw my proposal. It was an insightful journey that gave me a deeper understanding of the complexities of public service.
Cyprus has gone through many changes. How do you see its future?
Cyprus is uniquely positioned to lead. We have the infrastructure, the talent, and the geopolitical location to become a hub for digital innovation, sustainable finance, and social development. But we need a shared vision that includes both economic progress and human well-being. If we can bring those elements together, Cyprus can be a model for other nations.
What advice would you give to young entrepreneurs, especially in smaller countries or emerging markets?
Dream big, but start where you are. Don’t be afraid of borders—physical or mental. Build with purpose, not just profit. Surround yourself with people who challenge you, inspire you, and keep you grounded. Most importantly, remember that your legacy isn’t what you take—it’s what you give.
Lastly, when all is said and done, how would you like to be remembered?
I’d like to be remembered as someone who made a difference—who used his voice, resources, and influence to build a better world for children. That’s all. Business fades, titles fade. But impact—that endures.
