Erik Dean Prince is an American businessman, former U.S. Navy SEAL officer, and the founder of the private military company Blackwater. He served as Blackwater's CEO until 2009 and as its chairman until its sale to a group of investors in 2010. Prince heads the private equity firm Frontier Resource Group and was chairman of the Hong Kong-listed Frontier Services Group until 2021. Prince is the son of engineer and businessman Edgar Prince, and the brother of former U.S. Secretary of Education Betsy DeVos.
Prince in 2015
A private military company (PMC) or private military and security company (PMSC) is a private company providing armed combat or security services for financial gain. PMCs refer to their personnel as "security contractors" or "private military contractors".
Ugandan nationals contracted to Triple Canopy during training in Iraq, 2011
David Stirling, founder of the SAS, founded a PMC in the 1960s.
Armed contractors aboard a merchant ship to deter piracy.
Iraqi contract security in the International (Green) Zone of Baghdad