Who is the richest man in Canada? Who are the richest people in Canada for the year 2013? Who are Canadian billionaires?. To answer these questions, TechScio has compiled list of top ten richest Canadians in 2013. Basis of this list is data from Forbes magazine. It contains names of all the top ranking richest Canadian billionaires who also happen to be one of the richest men in the world. It has names who are involved in different types of businesses like finance, pharmaceuticals, oil and gas, retail and some have diversified business. Let us see the names of top ten Canadian billionaires.
Along with the name, we have given net worth of each person. Net worth determines how much money or fortune someone has. To understand more about it, click here. In this article, alphabet ‘B’ stands for billions.
#1) David Thomson – Richest Man in Canada – $20.3 Billions
Being the eldest son of Thomson family, David Thomson is the wealthiest man in the country of Canada. He is the chairman of Thomson Reuters, a media company which was started by his grandfather and is run by his family members. He is also the chairman of Woodbridge, The Globe and Mail Inc. (ref) He derives his wealth from stocks he owns in Thomson Reuters. His family is the richest family in Canada. He holds an MA from university of Cambridge. Currently, he is the third Baron Thomson of Fleet. Baron Thomson of Fleet is a nobility title in British honor system and it was specially created for Roy Thomson who was grandfather of David. The title passed on from his father to him and thus making him third Baron. He continues to be the leading face of richest Canadian family. (ref)
#2) Galen Weston – Second in List of Richest People in Canada – $8 Billions
With value of his fortune almost equal to eight billion dollars, Willard Gordon Galen Weston is second wealthiest Canadian and one of the richest people in Canada. He is the Executive Chairman of George Weston Limited which was founded by his grandfather back in 1882. Started back in nineteenth century, George Weston Limited is the largest food processing and distribution company in Canada. His residence is in Toronto. His investments also include Loblaw Companies Limited which is largest food retailer. (ref)
#3) Jim Pattinson – $5.5 B
Being the third richest Canadian, Jim Pattinson has a net worth of $5.3 Billions. He deals in businesses of different commodities. He resides in the city of Vancouver which is in province of British Columbia. He founded Jim Pattinson Group in the year 1961 and today that group is entirely owned by him. He draws his fortune from this group which is involved in diversified business. According to its websites, the group employs over 34,000 people and nets $7.3 Billion in sales. Its offices are spread over 455 locations across the world. He received Order of British Columbia on June 21,1990 and got Order of Canada in April of 1987.(ref)
#4) Paul Desmarais – $4.5 Billions
Residing in Montreal, Paul Desmarais is fourth wealthiest person in mainland Canada. He is ranked in top 300 list of Forbes. His father ran a bus company. Paul took it over and transformed into a Power company. He attended University of Ottawa and he obtained Bachelor of Arts in Commerce. He is married and has four children. His net worth makes him a Canadian Billionaire (ref)
#5) James and Arthur Irving – Richest Brothers in Canada – $4.5 B
With fortune stranding at five billion US Dollars, James and Arthur are brothers with most money. Sons of Kenneth Colin Irving, they are the leading face and owners of Irving Group of Companies which is privately run by them. It is involved in diversified businesses like oil, natural gas, pulp and paper, etc. Together, they are third richest persons in Canada.(ref)
#6) Emanuele aka Lino Saputo – $4.3 B
Popularly known as Lino Saputo, he once delivered mozzarella (Italian cheese) to different homes. Finally, his hard work paved off and he started his own cheese manufacturing company which is today the largest cheese manufacturer in Canada. This makes him the sixth richest Canadian Billionaire. He lives in city of Montreal which is in province of Quebec. After second World War, he along with his parents and other family members migrated from Italy to Canada.
#7) Bernard Sherman aka Barry – $3.7 B
Occupying the seventh spot in this top 10 list of wealthiest Canadians, Bernard Sherman is the CEO of Apotex which is a generic drug manufacturing firm. He graduated in Engineering Science from University of Toronto at an early age. This richest Canadian went on to pursue Doctoral degree from Massachusetts Institute of Technology. Employing more than six thousand people, his firm exports drugs to more than 100 countries world-wide. (ref)
#8) David Azrieli – $3.1B
One of the richest Canadians, Mr. Azrieli is real estate magnate in Canada. His net worth is more than three thousand million US dollars. He is involved in building business centers, shopping malls and high-tech buildings mostly in Israel and Canada. His construction of three skyscraper in Tel Aviv is known to be of unique kind in Middle East.
#8) Clayton Riddell – $3.1 B – One of the Canadian Billionaires
Generating most of his wealth from Oil and gas sector, Clayton Riddell is one of the key people in Paramount Resources which is a petroleum company. He is the eight richest Canadian. He resides in Calgary and studied geology in University of Manitoba. His fortune makes him one of the richest people in Canada.
#10) Chip Wilson – $2.9B
Last billionaire on our list, Chip Wilson founded Lululemon Athelica which is involved in sales of yoga related apparels. He is married to Shannon Wilson and has five children. On our list, he is the last richest man from Canada.
The list of richest people in Canada finishes. We wanted to put down top 100 richest persons but there is not enough data. Also, source and basis of this compilation is Forbes. To read about it, visit here.