Welcome to this article highlighting Canada’s richest. They have ascended above rich… these individuals and families are WEALTHY (money that lasts a very long time, even through generations). They are silent, but wield enormous power and have a tremendous influence on the Canadian economy and politics. This is Canada’s top 10 richest Canadians (this may change at any time and will be updated as such for accuracy).
1. David Thomson
All alone and unchallenged at the mountain top is David Thomson. He is the richest Canadian by far with an estimated net worth of $26 billion and has been at the top for many, many years. He is the chairman of Thomson Reuters Corporation. Born into the generational wealthy family of Thomson of Fleet, David is the son of Kenneth Thomson. Despite being the richest man in Canada, he is largely unknown to the general public. Most people don’t even know that he’s the co-owner of the NHL hockey club Winnipeg Jets. He is 61 years old and has 5 children.
2. Galen Weston Sr (standing in the center)
The second richest person in Canada is Galen Weston. Not the richest, but slightly more known than David Thomson due to being the majority owner of the largest food supermarket in Canada; Loblaws. He has an estimated net worth of $11 billion. He was also born into generational wealth – the Weston family.
3. James K. Irving
The third richest person in Canada is James K. Irving, the oldest among with his 2 other brothers (all multiple billionaires of course). He is the owner of J. D. Irving Ltd, a privately owned conglomerate based in the beautiful city of Saint John – New Brunswick. Also born into generational wealth. He has an estimated net worth of just over $8 billion.
4. Jim Pattison
From humble beginnings, Mr. Pattison is the 4th richest Canadian and one of the most well known. He dropped out of University, and among many of his jobs, one of them was selling cars. While driving your car… you may have recognized one of those huge billboards with the name “Pattison” on it. Well, that is his company – Jim Pattison Group. Networth is estimated at $6 billion.
5. The Rogers Family
The “Rogers” name is perhaps the most known name in Canada due to the fact that it’s the name of conglomerate telecom/media giant Rogers Communications Inc. The company is named after its founder Ted Rogers. The family, led by Edward S. Rogers III collectively makes them the 5th richest people in Canada.
6. Lino Saputo & Family
Mr. Lino Saputo Sr is a dual citizen; Italian-Canadian. He is currently the 6th richest person in Canada, with an estimated net worth of $5.5 billion. He is the majority shareholder of Saputo Inc, a Canadian dairy company based in Montreal.
7. The Desmarais Family
The Desmarais are the 7th richest family in Canada. Before his death in 2013, the father Paul Desmarais Sr was the man who led Power Corporation of Canada, a conglomerate holding company as CEO and Chairman before stepping down and leaving the position to his sons. With a net worth of over $4 billion, he was one of the richest men in Canada.
8. James Armstrong Richardson Sr & Family
Not far behind is the Richardson family, the 8th richest family in Canada. James joined his grandfather’s company James Richardson & Sons, Limited (one of the oldest companies in the world) where he served as an executive. James was also a Cabinet Minister and served under Canadian Prime Minister Pierre Trudeau. So, he was a man of many talents. A powerful and influential man in both finance and politics.
9. Jeffrey Skoll
Still, in his early 50s, Mr. Jeffrey Skoll is one of the youngest billionaires in Canada and our 9th richest person in Canada. He was also eBay’s first employee where he served as President. His stake in an early start-up company known as eBay is responsible for his position today. With a fortune of over $4 billion, Jeff has done really well for himself.
10. Carlo Fidani
Mr. Fidani is the chairman of the Orlando Corporation, which his grandfather started back in 1948. One of the most generous billionaires in Canada, donating millions of dollars to the University of Toronto among many other charitable donations. He is the 10th richest person in Canada.