Winnipeg Free Press - PRINT EDITION

Thomson clan richest in Canada

  • Print

TORONTO -- The influential Thomson family is still atop the list of richest Canadians, though their wealth dropped from a year ago, while most other members of the Top 10 made gains.

The family that owns media conglomerate Thomson Reuters as well as Woodbridge Co. Ltd., which has a majority stake in the Globe and Mail newspaper, is worth about $20.1 billion, according to Canadian Business magazine's annual ranking of Canada's wealthiest.

However, the family's worth fell about 5.7 per cent as some of its media-focused properties struggled.

Meanwhile, retail mogul Galen Weston, 72 -- the highest-ranking individual -- saw his wealth improve by three per cent to an estimated $8.2 billion, remaining in the No. 2 position.

Weston is the main power behind food-processor George Weston Ltd. (TSX:GW), Canada's largest grocery chain, Loblaw Cos. Ltd. (TSX:L), and luxury retailer Holt Renfrew.

New Brunswick industrialists James, Arthur and the late Jack Irving came in at No. 3 with a combined net worth of $8.07 billion, while the media barons in the Rogers family (TSX:RCI.B) sat in fourth place at with $6.41 billion.

Vancouver's Jimmy Pattison came in fifth with wealth of $6.14 billion, while Montreal eBay founder Jeff Skoll jumped up the list to No. 6 from No. 8 last year as his worth grew 21.3 per cent to $4.55 billion.

Paul Desmarais Sr., owner of Power Corp. of Canada (TSX:POW) sat at No. 7 with a net worth of $4.4 billion, while Montreal's Saputo family, owners of the cheese empire (TSX:SAP), came in eighth with $4.23 billion.

Carlo Fidani, owner of Toronto-area construction and development company Orlando Corp., shot into the Top 10, ranking ninth at $3.6 billion, growing 13.5 per cent from a year ago when he ranked twelfth.

Rounding out the top 10 was Vancouver's Chip Wilson, founder of trendy yoga-wear maker Lululemon Athletica Inc. (TSX:LLL), who jumped up in the rankings from No. 15 last year as his wealth shot up 23 per cent to $3.51 billion.

 

-- The Canadian Press

 

Republished from the Winnipeg Free Press print edition November 24, 2012 B11

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Key of Bart - The Floodway Connection

View more like this

Photo Store Gallery

  • A Great Horned Owl that was caught up in some soccer nets in Shamrock Park in Southdale on November 16th was rehabilitated and returned to the the city park behind Shamrock School and released this afternoon. Sequence of the release. December 4, 2012  BORIS MINKEVICH / WINNIPEG FREE PRESS
  • A  young goose stuffed with bread from  St Vital park passers-by takes a nap in the shade Thursday near lunch  –see Bryksa’s 30 day goose challenge Day 29-June 28, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Should political leaders be highly visible on the frontlines of flood fights and other natural disasters?

View Results

View Related Story

Ads by Google