Canada’s mega-billionaires who have gotten the biggest boost to their net worth this year

As the world has grappled with coronavirus, Canada’s richest man Joseph Tsai added some $720 million to his fortune as of today to take his total tally to US$13.4 billion and was ranked 149 on the Bloomberg Billionaires Index. Meanwhile, Sherry Brydson added US$824 million to push his fortune to US$11.8 billion.
The coronavirus pandemic has whiplashed global markets this year, still these 13 mega-billionaires have seen their net worth increase amid the market mayhem.
- Joseph Tsai
Known for: Co-founder of Alibaba Group
Total net worth: $13.4 billion
Net worth gain year to date: +$720 million - Sherry Brydson
Known for: Largest shareholder of Woodbridge, an investment firm that controls Thomson Reuters
Total net worth: $11.8 billion
Net worth gain year to date: +$824 million - Galen Weston
Known for: Chairman emeritus of George Weston, the biggest shareholder of Loblaw Companies
Total net worth: $10.5 billion
Net worth gain year to date: +$1.51 billion - Tobi Lutke
Known for: Co-founder and chief executive officer of Shopify
Total net worth: $9.94 billion
Net worth gain year to date: +$110 million - Arthur Irving
Known for: Owner of Irving Oil, the operator of Canada’s largest refinery
Total net worth: $9.33 billion
Net worth gain year to date: +$1.80 billion - Anthony von Mandl
Known for: Founder and chief executive of the Mark Anthony Group, an alcoholic drinks producer and the maker of Mike’s Hard Lemonade.
Total net worth: $8.28 billion
Net worth gain year to date: +$2.29 billion - James Pattison
Known for: Owner of Jim Pattison Group
Total net worth: $8.26 billion
Net worth gain year to date: +$666 million - David Thomson
Known for: Co-chairman of Woodbridge, the investment firm that controls Thomson Reuters. He owns about 14% of Woodbridge’s assets and his relatives own the rest.
Total net worth: $7.31 billion
Net worth gain year to date: +$503 million - Taylor Thomson
Known for: Owns 14% of Woodbridge, a closely held family investment firm.
Total net worth: $7.31 billion
Net worth gain year to date: +$501 million - Peter Thomson
Known for: Co-chairman of Woodbridge, a closely held Canadian investment firm. He owns 14% of the Ontario-based company
Total net worth: $7.31 billion
Net worth gain year to date: +$503 million - J K Irving
Known for: Irving controls JD Irving
Total net worth: $6.29 billion
Net worth gain year to date: +$36.1 million - Linda Campbell
Known for: Campbell owns 11% of Woodbridge, a closely held investment firm.
Total net worth: $5.75 billion
Net worth gain year to date: +$401 million - Gaye Farncombe
Known for: Campbell owns 11% of Woodbridge, a closely held investment firm.
Total net worth: $5.75 billion
Net worth gain year to date: +$401 million
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