Canada’s Top 10 Richest Men 2023 list, net worth, business model and other details can be checked from here now. Some people have continually topped the list of the top 10 richest Canadians, but others have failed to maintain their spots.
The richest man in Canada 2023
When we want to make more money ourselves, looking at people who have made a lot of money can be inspiring. We may be able to learn from your smart money decisions and use them to help us earn more. Continue reading to learn more about Canada’s Richest Man 2023.
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The 10 richest men in Canada 2023
#1. David Thomson: $53.3 billion
If you are a citizen of Canada, you may already know that the Thomson family is the richest in all of Canada. They have increased their fortune by a staggering $14.3 billion. How do they manage to amass such a huge fortune?
The family owns Thomson Reuters (TSX: TRI), the world’s leading news organization, and a media empire that owns several other media organizations. They also own The Globe and Mail newspaper, based in Toronto, and have financial interests in Bell Canada.
#2. Changpeng Zhao: $16.4 billion
Zhao amassed his wealth as co-founder and CEO of Binance, which has grown to become the world’s most popular cryptocurrency trading platform. Since he founded Binance, Zhao also introduced Binance Coin and Binance Smart Change, a cryptocurrency that has become a competitor to Ethereum.
Earlier this year, Binance intended to acquire a minority stake in Forbes, considered one of the most influential business media publications.
#3. Jim Pattison: $11.6 billion
Pattinson has managed to more than double his wealth despite the pandemic that has hit the world in recent years. At age 33, she made her first foray into business by purchasing a vehicle dealership. Although he is 94 years old, he manages the 25 departments under the umbrella of his organization.
Some of the world’s best-known brands are found within the entertainment section, including Guinness World Records and Ripley’s Believe It or Not.
#4. David Cheriton: 10 billion dollars
Cheriton started his path to a billion-dollar net worth by investing two hundred thousand dollars in Google in 1998. Since then, he has accumulated more than three billion dollars. Granite Systems, one of his many companies, was acquired by Cisco Systems in 1996 after he helped create the company. He is also an active investor.
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#5. Joseph Tsai: $8.1 billion
Tsai remains one of the richest people in Canada, although her ranking has dropped since we last checked. Tsai is not only co-founder but also vice president of e-commerce giant Alibaba. Although its stock price has declined in recent years, Alibaba remains one of the most successful online retailers in the world.
#6. Galen Weston Jr.: $7.6 billion
Although people from other countries may not be familiar with them, virtually every Canadian has been to one or more of Weson’s stores at some point. The Loblaw family owns Real Canadian Superstore, No Frills, and Loblaws, as well as all of these other grocery stores in Canada. George’s grandfather founded the supermarket and retail company.
#7. Anthony Von Mandl: $7.05 billion
You owe Von Mandl, founder and CEO of Mark Anthony Group, to thank him if you’ve ever tried and appreciated a Mike’s Hard Lemonade or a White Claw Hard Seltzer. His company remains one of the leading importers and distributors of alcoholic beverages in Canada.
In 2021, its operations in the United States alone generated revenues of three billion dollars. Von Mandl began his career in the wine business at a time in Canadian history when there were only a handful of wineries.
#8. Alain Bouchard: 6 billion dollars
Bouchard was one of the co-founders of Alimentation Chouche-Tard and now serves as the company’s president. The company has grown to include more than 12,000 convenience stores worldwide. Alimentation Chouche-Tard completed the acquisition of the well-known Circle K convenience store brand in the United States in 2003.
A newcomer to the top 10 list, Bouchard’s savvy in the corporate world has not only helped him amass an enormous fortune but also earned him the CEO of the Year award in 2012.
#9. Chip Wilson: $5.8 billion
Wilson is a Canadian millionaire who started numerous clothing businesses in the early 2000s. The best known of these is Lululemon Athletica Inc., which sells yoga-specific sports clothing and is recognized around the world for its products. Wilson stepped down as CEO of Lululemon in 2013, although he still maintains an 8% stake in the company. Additionally, he currently owns 0.6% of the Chinese sportswear firm Anta.
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#10. Emanuele (Lino) Saputo and family: 5 billion dollars
Saputo served as CEO of the Saputo Dairy Company in Montreal until his retirement in 2017. Saputo is Canada’s best-known dairy company. He founded it by Emanuele’s father, an immigrant from Sicily. When he founded the company, he only had $500 and a bicycle to transport the merchandise. Now, Saputo is one of the largest dairy companies in the world. Dairy products produced by Saputo are exported to more than 40 countries around the world.
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Source: vtt.edu.vn