Top Ten Richest Canadians 2022
Canada is home to the world’s richest and most successful personalities. Who are they, how did they manage to thrive and what lessons can we learn from them?
- Who are the richest Canadians?
- David Thompson
- Jim Pattison
- David Cheriton
- Joseph Tsai
- Anthony Von Mandl
- Galen Weston
- Mark Scheinberg
- Huang Chulong
- Emanuele Saputo
- James Irving
- Final Thoughts
Who are the richest Canadians?
Canada is one of the best countries to live in because of its excellent opportunities for personal growth.
The jurisdiction is home to remarkable landscapes, great cities, and several memorable tourist attractions such as Niagara Falls. Therefore, it is no wonder why the Great White North is the usual seat and playground of billionaires.
This article will be dedicated to the most emblematic Canadian figures who successfully made a fortune. Hence, if you have ever wondered who the richest people in Canada are, you are on the right page!
Let’s go forward with the top ten list of richest Canadians and their net worth.
Top Richest Canadians
| Names | Net worth in billions |
|---|---|
David Thompson | $50.5 |
Jim Pattison | $12.3 |
David Cheriton | $11.4 |
Joseph Tsai | $8.8 |
Anthony Von Mandl | $8.8 |
Galen Weston | $7 |
Mark Scheinberg | $5.3 |
Huang Chulong | $5 |
Emanuele Saputo | $4.8 |
James Irving | $4.1 |
1. David Thomson
| Information | Details |
|---|---|
Name | David Thomson |
Net worth | $50.5bn |
Business | Thomson Reuters |
Sector | Media |
The Thompsons are one of the wealthiest families in Canada, and in the whole world. Besides inheriting a title, David Thomson, also known as the Baron Thomson of Fleet, has also fallen heir to his father’s giant publishing and media corporation.
Once he obtained ownership, he rebranded it as Thomson Reuters, and currently, the family owns $350m worth of shares in the company and stocks in other media houses like Bell, Mail, and The Globe.
2. Â Â Jim Pattinson
| Information | Details |
|---|---|
Name | Jim Pattinson |
Net worth | $12.3 |
Business | Guinness World Records |
Sector | Diversified |
Jim Pattinson is one of the most renowned self-made billionaires in the whole world. He started his global business with just one GM dealership back in 1961. Through his zeal and grit, Pattinson has risen through the ranks to be a worthy mention on our list of richest Canadians.
Pattinson boasts the Guinness World Records, and ownership of the forest company Canfor and Great Wolf Lodge as part of his portfolio.
Pattinson boasts the Guinness World Records, and ownership of the forest company Canfor and Great Wolf Lodge as part of his portfolio.
3. Â Â David Cheriton
| Information | Details |
|---|---|
Name | David Cheriton |
Net worth | $11.4 |
Business | |
Sector | Tech |
David Cheriton’s great fortune originates from Google. He is a Stanford emeritus professor of computer science who invested in the search engine during its early days. Besides Google, the professor has co-founded three other networking companies, including Arista networks.
Among his several skills, he is a distributed computing networking expert, boasting impressive knowledge on being able to identify incredible marketing opportunities.
4. Â Â Joseph Tsai
| Information | Details |
|---|---|
Name | Joseph Tsai |
Net worth | $8.8 |
Business | George Weston |
Sector | E-Commerce |
Tsai comes fourth on our list of Canadian billionaires with a staggering net worth of 8.8 billion dollars. He got a large percentage of his wealth from Alibaba, the e-commerce company he co-founded, and currently serves as vice-chairman on its board.
Tsai also owns 49% of the Brooklyn Nets National Basketball Team.
In 2017, the businessman received the George H.W. Bush ’48 Lifetime of Leadership Award from Yale University.
5. Â Â Anthony Von Mandl
| Information | Details |
|---|---|
Name | Anthony Von Mandl |
Net worth | $8.8bn |
Business | Mark Anthony |
Sector | Alcoholic Beverages |
Von Mandl has been making beverages since he was 22 years old. His passion for the business sector saw him establish a beverage manufacturing brand called Mark Anthony.
In 2020, his ready-to-drink alcohol beverage White Claw Hard Seltzer generated massive sales for the company and earned Von Mandl a billionaire status.
6. Â Â Galen Weston
| Information | Details |
|---|---|
Name | Galen Weston |
Net worth | $7bn |
Business | George Weston |
Sector | Retail |
Founded by his grandfather, Galen Weston inherited the George Weston firm, a well-known Canadian food and retail company. The Weston family has controlling shares in Loblaw, the notable Ogilvy in Montreal, and Selfridges in the United Kingdom.
Galen Weston currently serves as the chairman emeritus of the global business.
7. Â Â Mark Scheinberg
| Information | Details |
|---|---|
Name | Mark Scheinberg |
Net worth | $5.3bn |
Business | PokerStars |
Sector | Online Gambling |
Scheinberg and his father Isai founded PokerStars, an online poker site, in 2001. 13 years later, in 2014, Mark cashed out his share options for a massive three billion dollars sum.
Several gambling enthusiasts became real poker legends after starting their amateur careers on Pokerstars. Nowadays, you will find them featured on several lists which present the world’s wealthiest poker players.
Besides his great fortune, he is famous for restoring seven historical buildings for residential and commercial use in Madrid.
Scheinberg holds a strong interest in protecting animal welfare. In 2020, the businessman announced that The Scheinberg Relief Fund would match all donations to the Wildlife Ranger Challenge, an emblematic fundraiser that supports charities such as Save the Rhino Trust.
8. Â Â Huang Chulong
| Information | Details |
|---|---|
Name | Huang Chulong |
Net worth | $5bn |
Business | Galaxy Group |
Sector | Real Estate |
Although not currently based In Canada, Haung Chulong is a Canadian billionaire who also has roots in China.
He currently owns Galaxy Group, which has developed over 500 million square feet of real estate in China.
9. Â Â Emanuele Saputo
| Information | Details |
|---|---|
Name | Emanuele Saputo |
Net worth | $4.8bn |
Business | Saputo Inc. |
Sector | Food |
Emanuele Saputo is a Canadian billionaire businessman with roots in Italy.
When Emanuele Saputo’s father immigrated to Canada from Italy and started operating a dairy company with $500 and a bicycle for delivering products, he couldn’t have thought that his son would one day be considered one of the richest persons in Canada. But it happened!
In 2019 Saputo Inc. sold over $9 billion of milk, cheese, and other dairy products. This propelled Emanuele, heir to his father’s cheese company among the richest Canadian citizens.
10. James Irving
James Irving is the owner and founder of Conglomerate, J.D Irving, a company active in shipbuilding, foods, retail, frozen foods, and more. Its subsidiary, Irving Woodlands, holds the record for the sixth-largest landowner in the United States with over 1.25 million acres.
Irving has participated in the efforts to preserve the Atlantic salmon which lives in the northeastern American waters.
| Information | Details |
|---|---|
Name | James Irving |
Net worth | $4.1bn |
Business | J.D. Irving |
Sector | Diversified |
Final thoughts
You have reached the end of our carefully curated list so we hope you have a better understanding of the areas of expertise and business stories of how the wealthiest Canadians have come into the possession of their fortunes.
Note that this list is not exhaustive. There are several other billionaires and millionaires in Canada, but our main goal has been to include the citizens with the greatest fortunes.