Last Updated On 22 October 2022, 10:10 PM EDT (Toronto Time)
Wondering which industry or business in Canada performs the best? The Bloomberg Billionaires Index compiles a daily ranking of the world’s wealthiest people. Below is the list of Canada’s top 10 wealthiest people, along with their world ranking, net worth and industry as on October 22, 2022.
Top 10 Billionaires Of Canada
1. Changpeng Zhao
- Age: 45
- Net worth: $29.7 billion.
- Industry: Finance
- Biggest asset: Binance Holdings Ltd
- World rank: 35
Zhao is the CEO of Binance, the world’s largest cryptocurrency exchange in terms of trading volume. By the end of 2021, the company had over 90 million users and markets in over 600 cryptocurrencies. Zhao founded the company in 2017, after being born in China and raised in Canada.
2. Sherry Brydson
- Age: Kept secret
- Net worth: $12.5 billion.
- Industry: Media & Telecom
- Biggest asset: TRI CN Equity
- World rank: 127
Brydson owns the majority of Woodbridge, the investment firm that owns Thomson Reuters. The Ontario, Canada-based company owns two-thirds of the financial data and services provider, which had $6.3 billion in revenue in 2021. Her relatives own the remaining 23% of Woodbridge’s assets.
3. Peter Thomson
- Age: 57
- Net worth: $7.75 billion.
- Industry: Media & Telecom
- Biggest asset: TRI CN Equity
- World rank: 244
Thomson co-chairs Woodbridge, a privately held Canadian investment firm. He owns 14% of the Ontario-based firm, which owns two-thirds of Thomson Reuters, a provider of news and financial data. In 2021, the company’s revenue was $6.3 billion. The rest of Woodbridge is owned by relatives.
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4. David Thomson
- Age: 65
- Net worth: $7.75 billion.
- Industry: Media & Telecom
- Biggest asset: TRI CN Equity
- World rank: 245
He is also a co-chairman of Woodbridge Capital Management, the investment firm that owns Thomson Reuters. The firm from Ontario, Canada, owns two-thirds of the publicly traded financial data and services provider, which had $6.3 billion in revenue in 2021. He owns approximately 14% of Woodbridge’s assets, with the remainder owned by his relatives.
5. Taylor Thomson
- Age: 62
- Net worth: $7.73 billion.
- Industry: Media & Telecom
- Biggest asset: TRI CN Equity
- World rank: 246
Taylor owns 14% of Woodbridge, a family-owned investment firm. The assets of the Ontario, Canada-based firm include a two-thirds stake in Thomson Reuters, a provider of news and financial data. Her brothers, David and Peter, run the publicly traded company, which had $6.3 billion in revenue in 2021.
6. Antony von Mandl
- Age: 72
- Net worth: $7.08 billion.
- Industry: Consumer
- Biggest asset: Mark Anthony Group
- World rank: 280
Anthony von Mandl is the founder and CEO of the Mark Anthony Group, a producer of alcoholic beverages and the creator of Mike’s Hard Lemonade. The Vancouver-based company distributes wines, spirits, and beer and has approximately $4.6 billion in annual sales. Von Mandl also owns wineries in the Okanagan Valley of Canada.
7. James Pattison
- Age: 94
- Net worth: $7 billion.
- Industry: Media & Telecom
- Biggest asset: Save-On Foods
- World rank: 289
Pattison owns Jim Pattison Group, a conglomerate with annual sales of C$12.7 billion ($10.1 billion). The company is Western Canada’s largest car dealer and the publisher of Guinness World Records. Pattison also has a stake in Westshore Terminals Investment, which operates Canada’s largest coal export facility.
8. James K. Irving
- Age: 94
- Net worth: $6.14 billion.
- Industry: Commodities
- Biggest asset: Timberlands
- World rank: 340
Irving owns JD Irving, a private company that owns Canadian shipyards, potato processors, paper product manufacturers, and home improvement stores, as well as more than three million acres of timberland in Maine and eastern Canada. He and his two brothers split a $3 billion trust and the conglomerate their father founded in 2008.
9. Arthur Irving
- Age: 92
- Net worth: $6.13 billion.
- Industry: Energy
- Biggest asset: Saint John Refinery
- World rank: 343
Irving owns Irving Oil, which operates Canada’s largest refinery. The company’s refinery in Saint John, New Brunswick, can produce up to 320,000 barrels per day. Irving Oil also owns over 900 gas stations in eastern Canada and the northeastern United States. In County Cork, it operates Ireland’s only oil refinery.
10. Linda Campbell
- Age: 72
- Net worth: $6.08 billion.
- Industry: Media & Telecom
- Biggest asset: TRI CN Equity
- World rank: 345
Campbell owns 11% of Woodbridge, a privately held investment firm that manages the fortunes of Roy Thomson’s seven grandchildren. The Ontario-based firm owns two-thirds of Thomson Reuters, a financial data and services provider with $6.3 billion in revenue in 2021.
Source: Bloomberg
*Disclaimer: Please note that this list keeps on fluctuating on daily basis, based on the fluctuations in the stocks of these billionaires.
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