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Canadian billionaires: Here are the 41 richest people in Canada in 2019

CEOWORLD Magazine has identified the richest people in Canada for its annual Canada Rich List Index, and the list includes 41 billionaires.
Jim Pattison is Canada's sixth richest person | Photo: BIV files, submitted

CEOWORLD Magazine has identified the richest people in Canada for its annual Canada Rich List Index, and the list includes 41 billionaires.

According to the financial publication’s annual listing, 2019 saw the total wealth of the top 10 richest Canadians hit a new record high of $96.4 billion.

David Thomson, chairman of Thomson Reuters, claimed the top spot with an estimated net worth of a staggering $39 billion. The British-Canadian magnate became the wealthiest man in the country after the death of his father in 2006, when he became chairman of Thomson Corporation. According to Forbes, Thomson and his family, “control a media and publishing empire founded by his grandfather Roy Thomson,” and also own the Globe and Mail; they also have a major stake in Bell Canada.

Jospeh Tsai is the second wealthiest person in Canada, with a whopping estimated net worth of $10.2 billion. As vice-chairman of Chinese e-commerce giant Alibaba Group, Tsai owns nearly half of the Brooklyn Nets National Basketball Association team.

Galen Weston is the third richest person in the country, with a net worth of $9 billion. Weston is a British-Canadian businessman and also the chairman emeritus of George Weston – a titanic Canadian food processing and distribution company, which represents businesses through its control of Loblaw Companies Limited (“Loblaw”) and Loblaw’s recent acquisition of Shoppers Drug Mart.

David Cheriton and James Irving rounded out the top five wealthiest people in Canada with $6.4 billion and $6.3 billion, respectively.

Jim Pattison is the sixth wealthiest person in Canada with an estimated net worth of $5.7 billion.

To identify wealthiest people in Canada, CEOWORLD magazine reviewed numerous national and international media reports. Additional information about the billionaires came from Forbes global index, and all estimated net worth figures are in U.S. dollars.

Richest People in Canada

  1. David Thomson: $39 billion
  2. Joseph Tsai: $10.2 billion
  3. Galen Weston: $9 billion
  4. David Cheriton: $6.4 billion
  5. James Irving: $6.3 billion
  6. Jim Pattison: $5.7 billion
  7. Huang Chulong: $5.6 billion
  8. Emanuele (Lino) Saputo: $5.1 billion
  9. Chip Wilson: $4.6 billion
  10. Mark Scheinberg: $4.5 billion
  11. Alain Bouchard: $4.1 billion
  12. Peter Gilgan: $4 billion
  13. Arthur Irving: $3.5 billion
  14. Daryl Katz: $3.1 billion
  15. Bob Gaglardi: $3 billion
  16. Tobi Lutke: $2.9 billion
  17. Garrett Camp: $2.7 billion
  18. Robert Miller: $2.7 billion
  19. Mitchell Goldhar: $2.7 billion
  20. Lawrence Stroll: $2.6 billion
  21. Jean Coutu: $2.5 billion
  22. Michael Lee-Chin: $2.4 billion
  23. Carlo Fidani: $2.3 billion
  24. Serge Godin: $2.3 billion
  25. Charles Bronfman: $2.3 billion
  26. Jacques D’Amours: $2.1 billion
  27. Pierre Karl Péladeau: $1.8 billion
  28. Stephen Smith: $1.8 B $2 billion
  29. Marcel Adams: $1.7 billion
  30. Stephen Jarislowsky: $1.6 billion
  31. Hal Jackman: $1.6 billion
  32. Gerald Schwartz: $1.6 billion
  33. Mark Leonard: $1.5 billion
  34. N. Murray Edwards: $1.4 billion
  35. Bruce Flatt: $1.4 billion
  36. Brandt Louie: $1.4 billion
  37. Peter Szulczewski: $1.4 billion
  38. K. Rai Sahi: $1.3 billion
  39. Jack Cockwell: $1.3 billion
  40. Terence (Terry) Matthews: $1.2 billion
  41. Guy Laliberté: $1 billion

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