There has not been seen any subsidiary and big movements in expansion of fortune like those in US or China, the Canadian business stays quite stable. Taking a serious note of the economy of Canada, it can then be analyzed that there are some real heroes within the country that are contributing to the nation. Read through the list and find out the more about these rich men of Canada, who are holding a huge fortune.
1. Thomson Family
NET WORTH: $23.36 Billion
COMPANIES: Thomson Reuters, Woodbridge Co.
SOURCE OF WEALTH: Media
This year he help buy the National Hockey league Atlanta Thrashers team and relocate them to Canada renaming them as Winninpeg Jets. He is a co-chair of Woodbridge, the family’s investment vehicle. He has beautiful art collection which includes world’s top collection of John Constable. He owns a controlling Stake in the Globe and Mail, thereby playing a major role in present evolutions of printing news.
2. Galen Weston
NET WORTH: $8.5 Billion
COMPANY: George Weston Ltd., Loblaw’s Cos. Ltd., Holt Renfrew
He is considered as the head of Canada’s royal family because he has been known to play polo with Prince Charles. And owns a country’s leading bakers, Weston Food. Personality wise he is known as retail magnate, philanthropist. He is the world’s second largest luxury goods retailer. He made around $200 donations in a family based private charitable trust.
3. Arthur, James and estate of John Irving
NET WORTH: $7.46 Billion
COMPANIES: Irving Oil Ltd., J.D. Irving Ltd.
HOME: Saint John, N.B.
Arthur (pictured), James and Jack are the brothers, who inherited the Irving family empire founded in 1881 by their grandfather J.D.Irving which is now extended from oil refineries and gas stations to forest, sawmills, potato farms and publishing interest .Jack expired in july. As family is private with respect to financial matters no proper information of estimated net worth is available. They maintain secrecy but their philanthropy has been rumored in many projects.
4. Rogers Family
NET WORTH: $6.02Billion
COMPANIES: Rogers Communications Inc.
Rogers family has been involve into diversified corporations and foundations and their business is being inherited by family expansions are such as they establish Rogers foundation that is making subsidiary changes in the lives of Oakland students. They bare a largest communication companies, particularly wireless communication, cable television, and internet and home phones with mass media assets.
5. Jimmy Pattison
NET WORTH: $5.53Billion
COMPANIES: Jim Pattison Group
He is an entrepreneur, president managing director, chief executive officer, chairman and sole owner of Jim Pattison Group. He started his first job by playing trumpet in children’s church camp, later he open his GM car dealership, calling and selling cars, on main street near his elementary school and now selling cars more than any one in Western Canada.
6. Paul Desmarais, Sr.
NET WORTH: $4.28Billion
He is a CEO of Power Corporations of Canada, active in fields of financial services, pulp, paper and mass media. His son, Andre is married to Canada’s prime minister’s daughter, France. His family has closed countless connections with politicians worldwide.
7. Barry Sherman
NET WORTH: $3.94Billion
COMPANIES: Apotex Group of Cos.
Canada’s generic drug king, businessman and philanthropist is currently working as a CEO of Apotex Inc, who initially used to work at his uncles pharmaceutical company, Empire Laboratories. He has been a brilliant student as being the youngest to step in university at age of 16 and received Governor General’s Award for his thesis.
8. Jeff Skoll
NET WORTH: $3.56Billion
COMPANIES: eBay Inc.
HOME: Palo Alto, Calif.
He is one of the first billionaires on planet who gave away most of his fortune followed by Warren Buffett and Bill gates. Since his childhood he has been reading about environmental threats to humankind and thereby always dreamt of changing the world. He also won the Oscar-winning climate change documentary, An Innocent truth.
9. Saputo family
NET WORTH: $3.52Billion
COMPANIES: Saputo Inc.
Master cheese maker Guiseppe Saputo moved from a small village to Canada in 1950. In 1954they started to buy some basic equipment from$500 and deliver them through bicycle. By 1970s they become the nation’s most important mozzarella producers; by 2001 they become the no.1 player in dairy world foods. Now they acquire Fairmount cheese Holding, Inc. they also founded a nonprofit soccer team.
10. Fred and Ron Mannix
NET WORTH: $3.18Billion
COMPANIES: Mancal Group
Ron and Fred tends to avoid the media spot light. These brothers operate the Mancal Group out of Calgrary that has a diverse interest in mining, real estate and energy. They donated around $1million to the National Gallery of Canada Foundation in June. Stephen Mannix founded the construction company that is inherited by his son Charles Mannix, known as Howard Hughes, expended the operation.
11. David Azrieli
NET WORTH: $2.93Billion
COMPANIES: Azrieli Group Ltd., Canpro Investments Ltd.
He is and architect, designer, real estate tycoon, philanthropist and developer. He lost his parents when he was a kid and he also fought in the Israel’s war of independence. He roam around in the world and finally all alone set up a global real estate empire known as innovative architectural design thereby introducing shopping mall concept in Israel. He established The Azrieli Foundation that promotes access to education in various fields.
12. Carlo Fidani
NET WORTH: $2.89Billion
COMPANIES: Orlando Corp.
He is a high profile philanthropist donating $6million to Credit Valley Hospital for construction of its cancer center after the death of his father. He also donated generously around $10 million towards a construction of $37 million medical School at the University of Toronto, he also a supporter of health services in area. He owns and control the inherited family construction business.
13. Richardson family
NET WORTH: $2.86Billion
COMPANIES: James Richardson & Sons Ltd
They design support RF Wireless and Energy Technologies, In 1996 due t to disappointing results they sold the brokerage firm Richardson Green shields thereby has to returned 41 billion to investors.
14. Robert Friedland
NET WORTH: $2.62 Billion
COMPANIES: James Richardson & Sons Ltd
He is the founder of his privately owned Ivanhoe Capital Corporation, and international financier and a splendid player in the junior mining industry he is currently working on its new flagship copper and gold mine that is expecting to produce 544,000 and 650,000 tons of copper and gold respectively. He is specialized in securing funding for their development of mineral and energy resources, advance technology and mining.
15. Harrison McCain family
NET WORTH: $2.6Billion
COMPANIES: McCain Foods Ltd.
HOME: Florenceville, N.B.
A Canadian businessman and Co-founder of McCain food.He died in 2004 and then the preceding year the France bestowed him with the name Knight of the Order of the Legion of Honour because he helped in strengthening the ties between European countries and other nations.