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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.

  1. Joseph Tsai
    Known for: Co-founder of Alibaba Group
    Total net worth: $13.4 billion
    Net worth gain year to date: +$720 million
  2. 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
  3. 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
  4. 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
  5. 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
  6. 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
  7. James Pattison
    Known for: Owner of Jim Pattison Group
    Total net worth: $8.26 billion
    Net worth gain year to date: +$666 million
  8. 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
  9. 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
  10. 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
  11. J K Irving
    Known for: Irving controls JD Irving
    Total net worth: $6.29 billion
    Net worth gain year to date: +$36.1 million
  12. 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
  13. 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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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.


Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.