10 Richest Canadian Billionaires - Find Out How They Got So Rich
Canadian Billionaires - Who are the Richest population in Canada?'
10 Richest Canadian Billionaires - Find Out How They Got So Rich
Almost all yearly listings of the world's richest population mention the same names year after year. On the top of these lists you will find Bill Gates and Warren Buffet. Although the lists are commonly accurate, you will often contemplate an American-centric pattern, wherein entrepreneurial skills and wealth of the country's northern neighbor are often overlooked. Canada has its share of top richest population and even if recession has affected the Billionaire balance Sheets of 2008 to 2009, the top richest population in the world have trillion in asset valuation. Forbes, the trusted magazine all colse to the globe when it comes to entrepreneurial stories and news, came up with the list of 10 richest Canadians for 2009. The list includes a brief background on how these top 10 richest Canadians became very wealthy and successful. All figures below are in Us dollars, unless otherwise stated.
1. David Thomson and house - media conglomerate - billion
David Thomson is the reputed grandson of Roy Thomson who is the founder of the Thomson Corporation. The enterprise started out as a book publishing enterprise. Today, it continues to be one of the premier textbook providers for higher education in the world. The enterprise grew even more as it got complicated in data technology and electronic media. It dominates the healthcare, science, financial services, and the law sectors. It acquired Reuters News last 2007 and is currently known as the Thomson Reuters.
2. Galen Weston and house - retail - billion
This house owns a concentrate of giant retail establishments in the Uk and Canada, which include Loblaws, Selfridges, and the Holt Renfrew. Galen Weston is the descendant of George Weston, who founded the George Weston Bakeries Ltd. As a food business. Weston's Loblaws is the largest retailer in Canada, with net sales amounting to more than billion Canadian dollars in 2008.
3. James, Arthur, and Jack Irving - oil and other natural resources - .9 billion
The Irving brothers are the sons of the Canadian oil king billionaire K.C. Irving, who passed away in 1992. The three brothers took over the family's natural reserved supply holdings and divided these based on their personal responsibilities and expertise. Arthur Irving manages the Irving Oil and its assorted retail sites in Canada, plus communication and refineries. Jack Irving, on the other hand, handles the engineering, steel fabricating, and building entities of the company. James Irving is the one handling the parent company, which focuses on forestry, shipbuilding, and other types of transportation.
4. Paul Desmarais, Sr. - communication and finance - .6 billion
Paul started out as the owner of their house business, the Desmarais's bus service. He began to gather other lines and created a holding enterprise that finally branched out to other fields such as life assurance and publishing. He always made sure to personally oversee the financial aspect of his businesses. As of today, Paul's Power Corporation of Canada owns large interests in financial and media services in Europe and North America. These include interest in the French oil company, Total.
5. Guy Laliberte - Cirque du Soleil - .5 billion
Laliberte is among the few figures on this list of rich Canadians who did not get wealthy by legacy or some other forms of existing house enterprise. When Guy was younger, he was authentically a poor street performer. He finally came up with some circus-type productions that included contracts with numerous Us and Canadian municipalities to show the way street shows. This was how the Cirque du Soleil empire started. Guy's enterprise now has quarterly shows in a estimate of casinos in Las Vegas, and he also conducts shows colse to the world. His shows are altered and customized yearly, and they are booked years in improve by both loyal and new clients.
6. Bernard or Barry Sherman - pharmaceuticals - .5 billion
Bernard Sherman has a PhD in astrophysics from Mit. However, his current position as founder of Apotex Inc., a reputed generic drugs manufacturer, is a supervene of his palpate from working for a relative at Empire Laboratories, a pharmaceutical enterprise that he acquired later. Barry saw the growth inherent of generic drugs in the worldwide market. Since then, Apotex is known as one of the foremost generic drug manufacturers in the world.
7. David Azrieli - building - .1 billion
David Azrieli was a holocaust survivor from Israel. He migrated to Canada in 1954, and used his degree in architecture to start a small building enterprise in Montreal. David's company, Canpro Investments, continuously built and constructed numerous office buildings, shopping malls, as well as high-rise residences throughout Canada, Us, and even in Israel. The Azrieli center in Tel Aviv, Israel is known as the biggest real estate project in the whole Middle East.
8. Robert Miller - electronic - .1 billion
Robert Miller is seen by many as reclusive, but the enterprise he built in 1968, hereafter Electronic, is far from withdrawn or isolated. In fact Miller's enterprise is one of the biggest and most widely known inexpressive corporations in Quebec. hereafter Electronics sells electronic components such as Leds and circuit boards. It has over 170 locations in more than 40 countries worldwide. Miller's enterprise is ranked as the fourth largest electronics jobber in the world, with yearly sales of up to .5 billion Canadian dollars.
9. Jim Pattison - diversified portfolio - .1 billion
Jim Pattison Group is a Vancouver-based corporation and among Canada's largest fellowships in inexpressive management. Jim Pattison started out as an automobile dealer. He used the profits from this enterprise to get into other businesses in separate industries. These fellowships are television and radio stations, advertising and other media companies, storage facility administration corporations, food distributors, as well as the Ripley's "Believe It Or Not" attractions.
10. Wallace McCain - food distribution and processing - billion
If you have been eating French fries in America or Europe for the last 20 years, there is a good opportunity that these were cut and processed in McCain's processing plants. Ever since the preparation of McCain Foods Ltd. In 1956, Wallace has acquired facilities throughout Argentina, Canada, Australia, France, and assorted Us states. The enterprise later on wide into pizza, orange juice, as well as frosty vegetables as McCain diligently saw the high question for frosty food.
So what do these 10 richest Canadians have in common? The richest population in Canada either inherited or started their own businesses. You can find Canadian businesses for sale at GlobalBx.com - a free enterprise for sale site for all entrepreneurs.
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