Bis(1-(4-tolyl)-carboran-2-yl)-(4-tolyl)-borane [(1-(4-MeC 6 H 4 )-closo-1,2-C 2 B 10 H 10 -2-) 2 (4-MeC 6 H 4 )B] (1), a new bis(ocarboranyl)-(R)-borane was synthesised by lithiation of the ocarboranyl precursor and subsequent salt metathesis reaction with (4-tolyl)BBr 2 . Cyclic voltammetry experiments on 1 show multiple distinct reduction events with a one-electron first reduction. In a selective reduction experiment the corre-sponding paramagnetic radical anion 1 * À was isolated and characterized. Single-crystal structure analyses allow an indepth comparison of 1, 1 * À , their calculated geometries, and the S 1 excited state of 1. Photophysical studies of 1 show a charge transfer (CT) emission with low quantum yield in solution but a strong increase in the solid state. TD-DFT calculations were used to identify transition-relevant orbitals.