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

click to enlarge Photo: Aerial view of Toronto / Shutterstock
  • Photo: Aerial view of Toronto / Shutterstock

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, Thompson and his family, "control a media and publishing empire founded by his grandfather Roy Thomson," and also own the Globe and Mail; they also has 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 is also a dual-citizen of the People's Republic of China. In addition, he 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. Westen 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 up 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

This article originally appeared here.

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