High Net Worth Individuals Archives - Wise Canadian https://wisecanadian.ca/category/money/high-net-worth-individuals/ Your Trusted Guide to Canada's Best Businesses Sun, 09 Feb 2025 21:10:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://i0.wp.com/wisecanadian.ca/wp-content/uploads/2023/10/Untitled-design-8.png?fit=32%2C19&ssl=1 High Net Worth Individuals Archives - Wise Canadian https://wisecanadian.ca/category/money/high-net-worth-individuals/ 32 32 228024465 Top 10 Richest People in Canada: Meet the Wealthiest Canadians in 2025 https://wisecanadian.ca/top-10-richest-people-in-canada-meet-the-wealthiest-canadians/ https://wisecanadian.ca/top-10-richest-people-in-canada-meet-the-wealthiest-canadians/#respond Sun, 09 Feb 2025 21:10:24 +0000 https://wisecanadian.ca/?p=7650 Canada is a land of opportunity for the ambitious and entrepreneurial, offering a fertile environment where wealth can grow and flourish. The country’s top billionaires are a testament to this, having leveraged their vision and determination to build vast empires across various industries. This article takes an in-depth look at the ten wealthiest individuals in […]

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Canada is a land of opportunity for the ambitious and entrepreneurial, offering a fertile environment where wealth can grow and flourish. The country’s top billionaires are a testament to this, having leveraged their vision and determination to build vast empires across various industries.

This article takes an in-depth look at the ten wealthiest individuals in Canada, highlighting their journeys to the pinnacle of success. From the innovative minds behind major retail and fashion brands to the pioneers of technology and real estate, these billionaires have not only amassed significant fortunes but have also shaped the economic landscape of the nation.

Canada’s Wealth Ecosystem: Why the Rich Thrive Here

GDP over $2 trillion CAD

Canada is home to some of the wealthiest individuals in the world, thanks to its thriving economy, diverse industries, and favorable conditions for business growth. With a GDP of over $2 trillion CAD, the country provides a fertile ground for innovation, investment, and entrepreneurship.

The country’s political stability, favorable tax policies, and strong legal framework attract both domestic and international investors, making it an ideal environment for the affluent to expand their assets. Moreover, Canada’s education system and access to global markets empower entrepreneurs and business leaders to innovate and scale their ventures on a global stage.

The wealthiest Canadians, including those in real estate, tech, and energy, have successfully leveraged these advantages, ensuring their continuous growth in both national and international arenas. 

1. Sherry Brydson

Headshot of Sherry Brydson

$17.38 billion CAD

Net Worth

About Sherry:

Age: 72

Source of Wealth: Stake in Woodbridge, the investment firm of the Thomson family

Professional Role: Investor and Entrepreneur

Educational Background: University of Toronto

Current Residence: Toronto, Ontario

Place of Origin: Toronto, Ontario, Canada

Personal Interests & Hobbies: Environmental conservation, arts patronage, and philanthropy

Sherry's Wealth Journey:

Sherry Brydson is Canada’s wealthiest woman, holding a significant stake in Woodbridge, the Thomson family’s investment firm that controls Thomson Reuters. She also has investments in aviation, media, and hospitality. Despite her wealth, she remains low-profile and is known for her philanthropic work, particularly in environmental conservation and the arts.

Follow Sherry on Social Media

2. Jim Pattison

photo of Jim Pattison

$15.37 billion CAD

Net Worth

About Jim:

Age: 95

Educational Background: University of British Columbia (did not complete)

Current Residence: Vancouver, British Columbia

Place of Origin: Saskatoon, Saskatchewan, Canada

Marital Status & Partner: Married to Mary Hudson

Personal Interests & Hobbies: Vintage car collection, fishing, and philanthropy.

Jim's Wealth Journey:

Jim Pattison is the founder of the Jim Pattison Group, one of Canada’s largest and most diversified conglomerates, with interests in media, packaging, and food industries. Starting from a single car dealership in Vancouver, Pattison expanded his empire into a multi-billion-dollar enterprise. He is also known for his philanthropic efforts, particularly in healthcare and education.

Source of Wealth: Founder of the Jim Pattison Group

Professional Role: Businessman, Investor, and Philanthropist

3. Anthony von Mandl​

photo of Anthony von Mandl

$11.34 billion CAD

Net Worth

About Anthony:

Age: 74

Professional Role: Founder of Mark Anthony Group

Educational Background: Not publicly disclosed

Current Residence: Vancouver, British Columbia

Place of Origin: Vancouver, British Columbia, Canada

Marital Status & Partner: Married to Wendy von Mandl

Personal Interests & Hobbies: Winemaking, sustainability, and environmental conservation.

Anthony's Wealth Journey:

Anthony von Mandl is the visionary behind the Mark Anthony Group, which includes iconic brands like Mike’s Hard Lemonade and White Claw. He also owns several wineries in Canada, contributing to his reputation as a leader in the beverage and wine industries. Von Mandl is committed to sustainable practices and environmental stewardship.

Source of Wealth: Alcoholic beverages (Mike’s Hard Lemonade, White Claw)

Follow Anthony on Social Media

4. David Thomson

Image of david thomson

$10.78 billion CAD

Net Worth

About David:

Age: 66

Professional Role: Chairman of Thomson Reuters

Educational Background: Master of Arts, University of Cambridge

Current Residence: Toronto, Ontario

Place of Origin: Toronto, Ontario, Canada

Marital Status & Partner: Divorced; previously married to Mary Lou La Prairie

Personal Interests & Hobbies: Art collecting, supporting education, and sports.

David's Wealth Journey:

As the chairman of Thomson Reuters, David Thomson plays a pivotal role in one of the world’s leading media companies. His leadership continues the family legacy, which includes substantial stakes in media, sports, and the arts. Thomson is also a well-known art collector and philanthropist.

Source of Wealth: Inherited wealth and business interests in Thomson Reuters

Follow David Thomson on Social Media

5. Taylor Thomson

image of Taylor Thomson

$10.78 billion CAD

Net Worth

About Taylor:

Age: 65

Educational Background: Not publicly disclosed

Current Residence: Toronto, Ontario

Place of Origin: Toronto, Ontario, Canada

Personal Interests & Hobbies: Real estate, philanthropy, supporting the arts.

Taylor's Wealth Journey:

Taylor Thomson, a member of Canada’s wealthiest family, has accumulated her fortune through her stake in Woodbridge, the Thomson family’s investment firm. She also has substantial real estate holdings in California. Despite her wealth, she maintains a low profile and is known for her involvement in the arts and her support of various cultural institutions.

Source of Wealth: Stake in Thomson family’s Woodbridge company

Professional Role: Investor

6. Peter Thomson

Headshot of Peter thomson

$10.78 billion CAD

Net Worth

About Peter:

Age: 58

Educational Background: University of Western Ontario

Current Residence: Toronto, Ontario

Place of Origin: Toronto, Ontario, Canada

Personal Interests & Hobbies: Strategic investments, philanthropy, and environmental conservation.

Peter's Wealth Journey:

Peter Thomson, another key figure in the Thomson family, has played a significant role in managing the family’s business interests through Woodbridge, the firm managing Thomson Reuters. His leadership and strategic vision have helped maintain the family’s dominance in media and finance.

Source of Wealth: Stake in Thomson family’s Woodbridge company

Professional Role: Investor

7. Alain Bouchard

$7.5 billion CAD

Net Worth

About Alain:

Age: 74

Educational Background: Royal Military College of Canada

Current Residence: Laval, Quebec

Place of Origin: Quebec City, Quebec, Canada

Marital Status & Partner: Married to Sandra Bouchard

Personal Interests & Hobbies: Philanthropy, particularly in healthcare and education, and supporting community development projects.

Alain's Wealth Journey:

Alain Bouchard is the founder of Alimentation Couche-Tard, one of the largest convenience store chains in the world, operating under brands like Couche-Tard and Circle K. His success is a result of strategic acquisitions and a keen understanding of the convenience retail market. Bouchard is known for his humble beginnings and his commitment to maintaining a strong company culture that values employees.

Source of Wealth: Convenience stores (Couche-Tard, Circle K)

Professional Role: Founder of Alimentation Couche-Tard

8. Chip Wilson

Image of Chip Wilson

$7.05 billion CAD

Net Worth

About Chip:

Age: 67

Professional Role: Founder of Lululemon Athletica

Educational Background: University of Calgary

Current Residence: Vancouver, British Columbia

Place of Origin: Vancouver, British Columbia, Canada

Marital Status & Partner: Married to Shannon Wilson

Personal Interests & Hobbies: Yoga, philanthropy, and community development.

Chip's Wealth Journey:

Chip Wilson revolutionized the athletic wear industry by founding Lululemon Athletica. His vision for fashionable and functional athletic wear helped Lululemon become a global brand. Wilson continues to be involved in various philanthropic efforts, particularly in health and wellness.

Source of Wealth: Athleisure fashion industry

Follow Chip on Social Media

9. Lawrence Stroll

Image of Lawrence Stroll

$3.9 billion CAD

Net Worth

About Lawrence:

Age: 64

Source of Wealth: Fashion (Tommy Hilfiger, Michael Kors), Motorsports (Aston Martin F1 Team)

Professional Role: Fashion and Motorsports Investor

Educational Background: Not publicly disclosed

Current Residence: Montreal, Quebec

Place of Origin: Montreal, Quebec, Canada

Marital Status & Partner: Married to Raquel Stroll

Personal Interests & Hobbies: Collecting rare cars, motorsports, and fashion.

Lawrence's Wealth Journey:

Lawrence Stroll made his fortune by investing in and developing global fashion brands like Tommy Hilfiger and Michael Kors. In recent years, he has become a prominent figure in the world of motorsports, acquiring a significant stake in the Aston Martin Formula 1 team. His passion for cars and racing has driven his investments in the automotive industry, making him one of Canada’s wealthiest individuals. Stroll is also known for his extensive car collection, which includes some of the world’s rarest and most valuable automobiles.

10. Mitchell Goldhar

Picture of Mitchell Goldhar

$3 billion CAD

Net Worth

About Mitchell:

Age: 61

Source of Wealth: Founder and chairman of SmartCentres, owner of Maccabi Tel Aviv Football Club

Professional Role: Real Estate Developer and Sports Team Owner

Educational Background: University of Toronto

Current Residence: Toronto, Ontario

Place of Origin: Toronto, Ontario, Canada

Personal Interests & Hobbies: Soccer, real estate development, and philanthropy.

Mitchell's Wealth Journey:

Mitchell Goldhar is a prominent Canadian real estate developer, best known for founding SmartCentres, a real estate investment trust (REIT) that operates over 150 shopping centers across Canada. Beyond real estate, Goldhar owns the Maccabi Tel Aviv Football Club, one of Israel’s most successful soccer teams. His business acumen and strategic vision have made him one of the wealthiest individuals in Canada. Goldhar is also deeply involved in philanthropy, particularly in education and healthcare initiatives.

Follow Mitchell on Social Media

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Top 5 countries with the richest people https://wisecanadian.ca/top-5-countries-with-the-richest-people/ https://wisecanadian.ca/top-5-countries-with-the-richest-people/#respond Sun, 09 Feb 2025 20:44:19 +0000 https://wisecanadian.ca/?p=6600 The global economic landscape is dominated by a few powerhouse nations with remarkable GDP figures and a significant concentration of wealth among their citizens. This article highlights the top five countries with the highest GDP, revealing their economic strengths and introducing the richest individuals in each. From Luxembourg’s financial stability to Singapore’s strategic business environment, […]

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The global economic landscape is dominated by a few powerhouse nations with remarkable GDP figures and a significant concentration of wealth among their citizens. This article highlights the top five countries with the highest GDP, revealing their economic strengths and introducing the richest individuals in each. From Luxembourg’s financial stability to Singapore’s strategic business environment, these countries not only lead in economic metrics but also house some of the world’s wealthiest people. Understanding the economic dynamics and key players in these nations offers insights into global prosperity.

Luxembourg, Singapore, Ireland, Qatar, and Switzerland stand out with their impressive GDP per capita and concentrated wealth among citizens. In Luxembourg, the financial sector is crucial, while Singapore benefits from strategic location and business-friendly policies. Ireland’s low corporate tax rates attract multinationals, boosting its economy. Qatar’s wealth is driven by natural resources, and Switzerland’s economic stability and banking secrecy attract the affluent. This exploration of economic landscapes and affluent individuals shaping these top-ranking countries aims to attract readers interested in global wealth distribution and economic leadership. 

Luxembourg

GDP per Capita: $133,852

Luxembourg has one of the highest GDPs per capita in the world.

  • Economic Stability: Luxembourg enjoys a stable economy with low unemployment rates and a high standard of living. Its economy is bolstered by a well-regulated financial sector.
  • High-Net-Worth Individuals: Luxembourg attracts many wealthy individuals due to its favorable tax policies and robust financial services.
  • High Standard of Living: Luxembourg provides excellent healthcare, education, and public services, contributing to its high quality of life

Unique Advantages

Luxembourg’s financial sector is a significant part of its economy, with many international banks and investment funds based there.

The country offers a favorable tax regime for corporations and individuals, which attracts international business and wealthy individuals.

Top 5 Richest People in Luxembourg

Image of John Grayken

John Grayken

Net Worth: $6.8 billion
Age: 67
Occupation: Founder of Lone Star Funds
Educational Background: Harvard Business School

Picture of Jeannot Krecké

Jeannot Krecké

Net Worth: $1.2 billion
Age: 73
Occupation: Co-founder of real estate and investment company, Ocorian
Educational Background: Université Libre de Bruxelles

photo of Fred Mouawad

Fred Mouawad

Net Worth: $1.1 billion
Age: 54
Occupation: Chairman of Synergia One Group of Companies, Co-guardian of Mouawad
Educational Background: Gemological Institute of America, Harvard Business School

image of Flavio Becca

Flavio Becca

Net Worth: $900 million
Age: 61
Occupation: Real estate mogul

Alain Kinsch

Net Worth: $850 million
Age: 55
Occupation: Managing Partner at EY Luxembourg
Educational Background: ESCP Europe, INSEAD

Singapore

Photo Credit: Photo by  Swapnil Bapat,  Annie Spratt, Bna Ignacio on Unsplash, 

GDP per Capita: $133,737

Singapore’s GDP per capita reflects its strong economic performance.

  • Economic Stability: The city-state has a highly stable economy, known for its low corruption rates and efficient government policies.
  • High-Net-Worth Individuals: Singapore is home to a significant number of millionaires and billionaires, attracted by its safe, clean environment and strategic location in Asia.

Unique Advantages

The city-state has a highly stable economy, known for its low corruption rates and efficient government policies.

Its location makes it a global trading hub, particularly in finance and shipping.

Top 5 Richest People in Singapore

image of li xiting

Li Xiting

Net Worth: $14.3 billion
Age: 72
Occupation: Co-founder and Chairman of Shenzhen Mindray Bio-Medical Electronics
Educational Background: University of Science and Technology of China

image of Goh Cheng Liang

Goh Cheng Liang

Net Worth: $12.2 billion
Age: 96
Occupation: Founder of Wuthelam Holdings, majority stake in Nippon Paint
Educational Background: 

image of Philip Ng

Philip Ng

Net Worth: $7.2 billion
Age: 65
Occupation: Chief Executive Officer of Far East Organization
Educational Background: Harvard University

image of Robert Ng

Robert Ng

Net Worth: $7.0 billion
Age: 71
Occupation: Chairman of Sino Group
Educational Background: University of London

image of Kwek Leng Beng

Kwek Leng Beng

Net Worth: $3.4 billion
Age: 83
Occupation: Executive Chairman of City Developments Limited
Educational Background: University of London

Ireland

GDP per Capita: $110,821

Ireland’s GDP per capita is driven by its strong economic growth and corporate presence.

  • Economic Stability: Ireland has recovered well from the 2008 financial crisis and continues to show robust economic health with low unemployment and high growth rates.
  • High-Net-Worth Individuals: Many multinational corporations, such as Apple, Google, and Microsoft, have established European headquarters in Ireland, boosting its economy and attracting wealthy individuals.

Unique Advantages

Ireland’s low corporate tax rates attract numerous multinational companies, contributing significantly to its economy.

Ireland offers a high quality of life, with excellent public services and a stable social environment

Top 4 Richest People in Ireland

Hilary Weston

Net Worth: $10.7 billion
Age: 82
Occupation: Former Lieutenant Governor of Ontario, retail magnate
Educational Background: Loreto Abbey Dalkey

Denis O’Brien

Net Worth: $3.1 billion
Age: 65
Occupation: Founder of Digicel
Educational Background: University College Dublin, Boston College

image of John Dorrance III

John Dorrance III

Net Worth: $2.6 billion
Age: 81
Occupation: Campbell Soup heir

Dermot Desmond

Net Worth: $2.1 billion
Age: 73
Occupation: Founder of International Investment & Underwriting
Educational Background: University College Dublin

Qatar

GDP per Capita: $112,283

Qatar’s GDP per capita is supported by its vast natural gas and oil reserves.

  • Economic Stability: Qatar maintains a stable economy despite fluctuations in global energy prices, supported by its wealth from natural resources.
  • High-Net-Worth Individuals: The country has a high concentration of wealthy individuals, many of whom are involved in the energy sector.

Unique Advantages

Qatar’s economy heavily relies on its large reserves of natural gas and oil.

Qatar offers favorable tax conditions, with no personal income tax, attracting foreign professionals and businesses

Top 5 Richest People in Qatar

image of Sheikh Tamim bin Hamad Al Thani

Sheikh Tamim bin Hamad Al Thani

Net Worth: $2 billion (estimated as part of national wealth
Age: 43
Occupation: Emir of Qatar
Educational Background: Sandhurst Military Academy, Harrow School

image of Hamad Bin Jassim

Hamad bin Jassim bin Jaber Al Thani

Net Worth: $1.9 billion

Age: 65

Occupation: Former Prime Minister and Minister of Foreign Affairs

Educational Background: Cairo University

Sheikh Faisal Bin Qassim Al Thani

Net Worth: $1.8 billion
Age: 75
Occupation: Founder and Chairman of Al Faisal Holding

Sheikh Abdullah bin Nasser bin Abdullah Al Ahmed Al Thani

Net Worth: $1.5 billion
Age: 57
Occupation: Businessman and member of the ruling family
Educational Background: Georgetown University

image of Akbar Al Baker

Akbar Al Baker

Net Worth: $1 billion
Age: 62
Occupation: CEO of Qatar Airways
Educational Background: University of Bombay

Switzerland

GDP per Capita: $106,023

Switzerland’s GDP per capita reflects its diverse and robust economy

  • Economic Stability: Switzerland enjoys a highly stable and prosperous economy with low unemployment and a high standard of living.
  • High-Net-Worth Individuals: Switzerland is known for its banking secrecy and attracts many wealthy individuals due to its secure and private banking system.

Unique Advantages

Switzerland has a well-developed financial services sector, including banking, insurance, and investment management.

Switzerland is known for its political neutrality and stability, making it an attractive place for wealthy individuals to reside and invest

Top 5 Richest People in Switzerland

Gianluigi Aponte

Net Worth: $9.3 billion
Age: 83
Occupation: Founder of Mediterranean Shipping Company (MSC
Educational Background: University of Naples

image of Ernesto Bertarelli

Ernesto Bertarelli

Net Worth: $8.9 billion
Age: 57
Occupation: Heir to Serono, a pharmaceutical company
Educational Background: Harvard Business School

image of Ivan Glasenberg

Ivan Glasenberg

Net Worth: $5.9 billion
Age: 67
Occupation: CEO of Glencore
Educational Background: University of the Witwatersrand, University of Southern California

image of Thomas Schmidheiny

Thomas Schmidheiny

Net Worth: $5.7 billion
Age: 78
Occupation: Majority shareholder in LafargeHolcim
Educational Background: Zurich Polytechnic

image of Magdalena Martullo-Blocher

Magdalena Martullo-Blocher

Net Worth: $5.6 billion
Age: 54
Occupation: CEO and majority shareholder of Ems-Chemie
Educational Background: University of St. Gallen

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