Guelph, located in the province of Ontario, is the fifth richest city in Canada and the least populated on this list. Their business holdings are a Chinese puzzle, with companies folded into companies. Now five generations old, the Richardson family empire includes holdings in agriculture, oil and gas, financial management and real estate, a far cry from James Richardson’s origins as a grain trader in the 1850s. The late David Azrieli established the business years ago, and he used to live in Quebec. Later, the Katz family also bought Rexall, expanding it into a major player in the U.S. and in Canada. The three Lalji brothers, Amin, Mansoor and Shiraz, are originally from Uganda but fled in the 1970s following civic turmoil. The first store, then called S. Rossy Inc., was opened in 1910 by Lebanese entrepreneur Salim Rossy in Montreal. The family is now worth $3.92 billion. The family is actually a Greek-Canadian one that came from Kalamata as far back as 1952. Now they own a long list of media, publishing, pharmaceutical and financial services companies through the Thomson Reuters Corporation. The Edmonton-based Daryl Katz is no stranger to drugstore shelves. The Thomson family holdings are currently chaired by David Thomson, 3rd Baron Thomson of Fleet. Right now, Arthur Irving, who is  K.C.’s son as well as the prominent member of the family, is now in charge and has been able to scale the family’s business to an enviable height. The richest families in Canada as of March 2020, according to Forbes, include familiar names like Galen Weston and the Saputo Family, but also White Claw owner Anthony Von Mandl. Paul graduated from the University of Ottawa and started with a railroad firm established by his grandfather. The Waltons are the richest family in America and by some measures the wealthiest clan in the world. Headed by Andreas Apostolopoulos and his three sons, Steve, Jim and Pete, the family owns the Pontiac Silverdome (pictured) and the Penobscot Tower, both in Michigan. The elder Lee-Chin’s estimated net worth is $3.95 billion, making him the 20th-richest person in Canada. Your email address will not be published. The combined worth of the family is roughly equal to 6% of the Mexican GNP. Galen Weston, the scion of the founding retail magnate George Weston, has, Easily one of the most recognizable names in Canada, Rogers Communications has its fingers in everything from television and broadcasting, where it owns Citytv, Omni and a handful of specialty TV and radio stations, to publishing (their titles include, If you own a smartphone or watch any type of major-league sport on TV, streaming or live, you’ve come across this prominent family name. The Richardson family is the sixth family on our list, and they are the owner of Richardson International. 174 – Galen Weston & family. : 1,3 In their 2017 list that ranked Canada's top 100 richest people, Toronto-based Rob … The net worth of the 87 richest families in Canada was 4,448 times higher than the average Canadian in 2016, according to a report released Tuesday.. Yes, that would be Canadian dollars, but they’re still very, very rich. David Thomson is the richest person of Canada and ranked first in the list of top 10 richest people of Canada with as estimated net worth of US $ 25.5 billion and also ranked at 25 on the world billionaire list. By far the oldest family on this list, the Molson family empire was launched in 1786 with the establishment of the Molson Brewery, the oldest brewery in North America. The family can boast of properties in countries like the United States of America via their company. Headed by Carlos Slim, the sixth richest man in the world today, this family is worth $ 77.1 billion to occupy the 6th position. Now the Winnipeg-based family firm, James Richardson and Sons, Ltd., headed by Hartley Richardson, is controlled by 11 family members and is still Canada’s largest privately-owned agribusiness firm. A 200,000-square-foot gaming and casino complex in Pickering, Ontario. The family is worth a combined $6.55 billion. The Saputo family is the third richest family in Canada, and they have a rich history too. As one of the richest countries in the world, Canada can also boast about being the abode of some very wealthy families. The company went bankrupt in the 1990s following a global real estate crash, but the family was able to relaunch Olympia and York Developments as O and Y Properties and rebuild their empire. Microsoft Corp. Mirella Saputo. A 200,000-square-foot gaming and casino complex in Pickering, Ontario. Of course, it’s not meant to be a stagnant list, as we expect more families to have a taste in the coming years. The ranks of Canada’s super-rich are growing faster than they are … Rogers Family – Rogers Communication – $11.57 billion 5. By 1987, the family had made their first billion dollars in sales; by 2013, they could count Safeway and The Oshawa Group of suppliers, as well as some Shell retail gas locations among their assets. Today, the family is worth an estimated $8.38 billion. The 87 richest families in Canada have the same amount of wealth as roughly one-third of the country’s population. Below are listed the top 20 richest districts according to the MoneySense 2018 ranking. After a couple of American and French families, we move southwards towards Mexico for its richest family, the Slim Family. Morocco-born Paul Reichmann immigrated to Canada in the 1950s, and soon after, founded Olympia and York Developments Ltd. with his brother Albert. The richest Greek family in Canada, the Apostolopoulos family built their estimated $3.9-billion fortune from buying up large industrial properties in unassuming areas of Detroit and fixing them up. Actually, it all started in 1924 when K.C. Future generations expanded the company, moving from the sawmill business to forestry, and later, to energy (Irving Oil was founded in 1924) and media (the family owns Brunswick News, which operates almost all of New Brunswick’s major print publications). 1. The Alberta-based corporation, which has holdings in energy, utilities, construction, and the equestrian facility Spruce Meadows, was, one of Canada’s most prominent business leaders, $12 million to 15 non-profit organizations, estimated combined net worth of $2.26 billion, The Bronfman family amassed their fortune in the distillery business at an opportune time. Now his daughters Naomi and Danna run the family’s assets, and are worth a combined $5.83 billion and rising. Until then, the family made their name in politics: Bob’s father, Phil, was a cabinet minister in the ‘50s and ‘60s. Calgary-based brothers Fred and Ron Mannix have inherited over a hundred years of generational wealth, beginning with their grandfather, Frederick Stephen Mannix, who was a railroad contractor before founding the Fred Mannix Company in 1936. One impressive and intelligent thing he did was ensuring he spread his tentacles (getting apartment buildings, malls, etc, and also extending to other places). The fifth family on the list of the top ten richest families in Canada is the Irving family. Their activities keep benefiting the country in various ways, as they help in creating jobs (which reduced the rate of unemployment in the country and has helped prevent some socioeconomic problems that would have erupted as a result of lack of job), increased the country’s revenue (in terms of taxes), etc, Details On The Richest Families In Canada. A true pioneer, John Molson also created the country’s first steamship and helped fund the first Canadian railway. Since Chip stepped down from the board of the brand he founded, the family have moved onto other ventures, including assets worth over half a billion dollars in Vancouver real estate and in Kit and Ace, a casual fashion brand founded by Shannon and J.J. The prominent member of the family is the late Paul Desmarais, who is from France, but chose to settle in Canada years back. Weston came under fire recently after Loblaws ended the pandemic pay program for its employees, which gave them an extra $2 an hour. They own Loblaws (the biggest supermarket chain in Canada), Holt Renfrew, Shoppers Drug Mart/Pharmaprix and more instantly recognizable brands across Canada through George Weston Limited. Britain's feudal structure was supposedly abolished in 1660, but to many of the country's occupants the modern economic system might look a lot like it did in the time of Henry 8th. 272 – Jim Pattison. Seven generations later, the Molsons are still involved in the brewery business, which now encompasses Molson Coors Brewing Company. Calgary-based brothers Fred and Ron Mannix have inherited over a hundred years of generational wealth, beginning with their grandfather, Now the two sons are holding the reins and have a, With investment arms in industries ranging from real estate development to renewable energy to, The drugstore chain now has over 400 franchised locations in New Brunswick, Ontario and Quebec, but it has also made significant acquisitions in the U.S., where it had a 32 per cent equity stake in the Rite Aid drugstore chain until 2013 and, currently operates the pharmacy arm of Metro Inc, The family, including his son François Jean (who was president and CEO of the Jean Coutu Group, If you’re unfamiliar with this power couple, you’re almost certainly familiar with the matriarch by her first name: Heather Reisman, of Heather’s Picks at Indigo, is the, founder and chief executive of Indigo Books and Music, Her husband, whose personal net worth is US$1.5 billion, The extremely private Lalji family has quietly amassed a, On top of owning malls, office buildings, hotels including the Fairmount Empress Hotel Vancouver (pictured), and other pieces of property in British Columbia under the company name Larco, they also claim an ownership stake in, Most recently, intra-family disputes led to, However, since she became the chairperson and president of the Stronach Group, rifts within the family became public and have been primarily battled out in court after the elder Stronach sued his daughter for over $500 million over allegedly mismanaging the family’s assets—, those assets are now estimated at around $3.06 billion. And are there many first-generation immigrant families among the top 25 wealthiest families in Canada? It has a population size of 141,097 and a median family income of around $82,560. From there, the family started looking outside of Canada: now, they have two restaurants in Texas and upcoming plans to build a $33-million hotel in Aberdeen, Scotland. The company is quite influential in the Food Industry, and they are a leading food company as far as the Canadian market is concerned. The wealth of Canada’s richest family originated in the early 1930s when Roy Thomson opened an Ontario radio station. Not long after, they began buying up liquor companies including Seagram, and soon their empire was in full swing. CEOWORLD Magazine has identified the richest people in Canada for its annual Canada Rich List Index, and the list includes 41 billionaires. The first prominent family empire on this list run by women, the Montreal-based Azrieli family made their billions in the real estate sector in Canada and Israel, investing in everything from malls and hotels to philanthropic institutions through the Israel-based Azrieli Group and the non-profit Azrieli Foundation. With one of Canada’s best-known surnames, Rogers Communications plays on several tables including television broadcasting, where it owns the channels Citytv, Omni as well as several other specialized television and radio stations, publishing (it owns magazines Chatelaine, Today’s Parents, Maclean and MoneySense) and cable and cellular telephony. boasted two entries in the top 10, while the province managed 11 spots overall. The Edmonton-based Daryl Katz is no stranger to drugstore shelves. Both Rogers Communications and the Rogers Control Trust are now run by Ted Rogers’ son, Edward Rogers III, and the family has a combined net worth of $11.57 billion and rising, making them the third-richest family in Canada. Now one of the top 10 dairy producers in the world, Saputo was founded in 1954 by patriarch Giuseppe Saputo in Montreal, with nothing more than $500 and a bicycle to make deliveries. David Thomson. Her husband, whose personal net worth is US$1.5 billion, co-founded CanWest in the late ‘70s and owns the private equity company Onex. The development firm began their sweep of Toronto real estate and built the 72-storey First Canadian Place in 1975, which was then the tallest skyscraper in Canada, as well as major financial office complexes in London and New York, becoming one of the largest property development firms in the world by the 1980s. Headed by Andreas Apostolopoulos and his three sons, Steve, Jim and Pete, the family owns the Pontiac Silverdome (pictured) and the Penobscot Tower, both in Michigan. Since then, the company has grown steadily, establishing its reputation as an aerospace manufacturer with arms in public transportation, jets and rail transport. After immigrating to Vancouver from Italy in 1953, bricklayer Luigi Aquilini swiftly established Aquilini Investment Group in the 1960s, effectively promising a future in finance for his sons, Francesco, Roberto and Paolo. At the most dramatic, there’s Succession-level litigation and family disputes, but most of the time, it’s just about going to work at the ol’ family business—only that business is in shifting assets like Monopoly pieces. They are well-known for various reasons, but we are considering how they are one of the richest families not just in Canada, but in the world at large. One impressive point that should be noted is that Richardson International had has been privately held by this family for years now. With a combined net worth of US$37.5 billion, the Thomson family is the richest family in Canada, and the 27th-richest family in the world, according to the Forbes annual Billionaires ranking. Although he now put his money in other ventures, The Northland Properties is the major channel of his wealth. The family has a combined net worth of $2.92 billion. The family currently has an estimated combined net worth of $2.26 billion. The New Brunswick-based Irving family in its current empire is descended from James Dergavel Irving, who bought the family’s first sawmill in 1881. Four generations have now helmed the over-century-old discount goods retailer Dollarama. In fact, Barry Zekelman is an avid race car driver who frequently turns up at races in his Ferrari (pictured). The family is ranked, Another prominent Quebec-based family, the Desmarais family grew their fortune after purchasing and rescuing the, nearly bankrupt Sudbury Bus Lines in 1951, operates almost all of New Brunswick’s major print publications, Currently the family, headed by Kenneth Irving, has an estimated, Now five generations old, the Richardson family empire includes, holdings in agriculture, oil and gas, financial management and real estate. After selling Seagram spirits for $34 billion, the Bronfman family turned their attention to philanthropy, having donated or pledged at least $350 million to charity. David first settled in Montreal, and it was there that he began to play a role in the real estate sector. Company: Saputo, Inc. Net Worth: $5.4 billion; Everyone knows the Saputo family is a very rich family in Canada, and by virtue of being a member of this successful family, Mirella has earned a place in the list of the top richest … This article is about the top ten richest families in Canada, some who really came to Canada many years back as poor people searching for a better life, but they have a big goal which eventually materialized into something huge. On top of owning malls, office buildings, hotels including the Fairmount Empress Hotel Vancouver (pictured), and other pieces of property in British Columbia under the company name Larco, they also claim an ownership stake in seven federal office buildings in Ottawa—effectively becoming the landlord of the Canada Revenue Agency. Founder David Azrieli built his empire after fleeing Nazi-occupied Poland and making his way to Montreal in the 1950s. Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes as well as other business magazines.. The Slaight family, headed by Allan Slaight and his son Gary, made their billions in media and broadcasting, with shares in Iceberg Radio and SiriusXM among a handful of other companies, but they made their good name in philanthropy. Now the two sons are holding the reins and have a joint net worth of $3.3 billion, making them the 26th-richest people in Canada. While there are a handful of very rich families in Canada who owns very huge ventures, these made it into the top ten richest. At the most dramatic, there’s, With a combined net worth of US$37.5 billion, the Thomson family is the richest family in Canada, and the 27th-richest family in the world, according to the, They own Loblaws (the biggest supermarket chain in Canada), Holt Renfrew, Shoppers Drug Mart/Pharmaprix and more instantly recognizable brands across Canada through George Weston Limited. The Bronfman family amassed their fortune in the distillery business at an opportune time. The richest place in Canada has an average household net worth of $4.5 million B.C. The drugstore chain now has over 400 franchised locations in New Brunswick, Ontario and Quebec, but it has also made significant acquisitions in the U.S., where it had a 32 per cent equity stake in the Rite Aid drugstore chain until 2013 and currently operates the pharmacy arm of Metro Inc. 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