Here's how many Canadian citizens are now billionaires
Bill Gates, Jeff Bezos, Warren Buffet, Kylie Jenner... you could probably name a dozen American billionaires off the top of your head right now if asked — but can you think of even one Canadian who's made it into the 10 figures club?
With 41 billionaires, Canada doesn't have nearly as much personal wealth floating around as our friends in The States, which boasts 705 ultra rich people as of 2019.
You can find out who rules the north (financially) in CEOWORLD's annual "Rich List Index" 2019 for Canada, as released this week.
It's unlikely you'll recognize many names, and even less likely you'd know their faces: Almost every single one of Canada's billionaires look more like a dapper grandpa than a flashy tycoon.
He (yes, they're all hes) could walk down any street in the country without prompting a second look, with the possible exception of Bay Street in Toronto, where people literally get paid to know about who has how much money.
Canada's richest man by far is David Thomson, 3rd Baron Thomson of Fleet, with a net worth of $39 billion, much of it inherited wealth.
Described on Wikipedia as "a Canadian-British hereditary peer and media magnate," Thomson took over what's now known as Thomson Reuters when his father died in 2006.
The country's second-wealthiest citizen is Alibaba co-founder Joseph Tsai, who holds both Canadian and Taiwanese passports, but appears to have spent most of his life living in the United States.
He owns the Brooklyn Nets, among other professional sports team stakes, and is worth 10.2 $billion
Galen Weston of Loblaws fame comes in third this year with $9 billion worth of assets in his name. He was born in England and sired the guy with the glasses in all those President's Choice commercials.
We rich!!!! Well, some of our fellow Canadians are. #Canada is now home to 41 billionaires and the top 10 richest Canadians has hit a new record high of $96.4 billion https://t.co/CBkx0KOkkv ~@TheAshleyGreco pic.twitter.com/evKHaDRDSs— CHUM 104.5 (@Chum1045) November 19, 2019
Below is the full list, for those interested. Here's to hoping it will one day look less white, less male, less old and less British.
Join the conversation Load comments