The top 10 richest people in Canada

Looking at some of the top 10 richest people in Canada

You can check out the complete list of the Top 10 Richest people in Canada 2023, including their net worth, business model, and other details, here. Although there have been some individuals who have continuously topped the list for a long time, there have been others who have not maintained their positions on the list.

As we all want to make more money, looking at people who have made a lot of money can be an inspiring experience. We may be able to learn from their smart money choices and use them to make our own money-making efforts more successful. Continue reading to learn more about the richest people in Canada in 2023.

Why are Canadians so rich?

The reason that Canada is a rich country is that its economy is strong and diversified. A significant portion of the country’s economy is dependent on the mining and processing of natural resources, such as gold, zinc, copper, and nickel, which are widely used all over the world.

Currently, there are nine British Columbian billionaires listed among the top ten richest individuals in Canada, according to Forbes magazine. On the other hand, Peter Szulczewski currently holds the title of being Canada’s youngest billionaire, according to Forbes.

We have the richest people as well as the richest families in Canada. In this article, we are going to take a look at the Forbes Canada richest, or the richest person in Canada, starting from number 1 to number 10. So let’s take a look at the top 10 richest Canadians, starting from number 1 to 10.

Here is the list of the top 10 richest people in Canada.

1.David Thomson Net worth: $53.3 billion

I am sure that if you are a Canadian citizen, you might already be aware of the fact that the Thomson family is one of the wealthiest families in all of Canada. Their fortune has increased by a staggering $14.3 billion over the past few years.

A number of the family’s media properties include Thomson Reuters (TSX: TRI), the world’s most prominent news organisation, as well as a media empire that owns several other media organizations. The family also owns the daily newspaper The Globe and Mail, located in Toronto, and has a financial interest in Bell Canada as well.

2. Chengpeng Zhao’s net worth is $16.4 billion.

The co-founder and CEO of Binance, which has grown to become the world’s most popular cryptocurrency trading platform, Zhao amassed a large amount of wealth as a result of his efforts as a co-founder and CEO. Aside from creating Binance, Zhao has introduced Binance Coin and Binance Smart Change, both of which have become rivals to Ethereum in the cryptocurrency space.

Binance announced at the beginning of the year that they were in the process of acquiring a minority stake in Forbes, which is considered one of the most influential business media outlets in the world.

3. Jim Pattison’s net worth is $11.6 billion.

As a result of the pandemic that has hit the world in the past few years, Patinson has managed to more than double his wealth. At the age of 33, he purchased a vehicle dealership as his first venture into entrepreneurship. Although he has reached the age of 94, he still supervises all 25 departments of his organisation.

Among the most well-known brands in the world, including Guinness World Records and Ripley’s Believe it or Not, the entertainment section has some of the best-known brands in the world.

4.David Cheriton Net worth: $10 billion

By investing two hundred thousand dollars in Google in 1998, Cheriton was able to reach his goal of becoming a billion-dollar business owner. Since then, he has managed to accumulate more than three billion dollars worth of businesses. One of his many businesses, Granite Systems, was acquired by Cisco Systems in 1996 after he had assisted in the creation of the company. He is also a major investor in the company.

The top 10 richest people in Canada

5. Joseph Tsai’s net worth is $8.1 billion.

In spite of his ranking dropping since the last time we checked, Tsai is still one of the wealthiest people in Canada. In addition to being one of the most successful online retailers in the world, Tsai is also a co-founder and vice chairman of the e-commerce giant Alibaba. Despite the fact that its share price has decreased over the last several years, Alibaba remains one of the most successful online retailers in the world today.

6.Galen Weston Jr. net worth: $7.6 billion

In spite of the fact that people in other countries may not know about Weson’s stores, virtually every Canadian has been to one of Weson’s stores at some point in their lives. The Loblaw family owns Real Canadian Superstore, No Frills, and Loblaws, as well as all of these other grocery stores throughout Canada. George’s grandfather founded the retail and supermarket companies.

7.Anthony Von Mandl’s net worth is $7.5 billion.

It is only right that you take time to express your gratitude to Von Mandl, the Mark Anthony Group’s founder and CEO, if you have ever enjoyed a Mike’s Hard Lemonade or a White Claw Hard Seltzer and valued them. His company is still one of Canada’s leading importers and distributors of alcoholic drinks.

As a result of his operations in the United States alone, Von Mandl brought in a revenue of three billion dollars in 2021. Von Mandl started his career in the wine industry just a few decades ago, when only a few wineries were operating in Canada at the time.

8.Alain Bouchard net worth $6 billion

A member of Alimentation Chouche-Tard, Bouchon served as its chairman and chairman of the board. Bouchon was one of its founding members. In 2003, Alimentation Chouche-Tard completed the acquisition of the well-known convenience store brand Circle K in the United States. Since then, the company has grown to include over 12,000 convenience stores across the globe.

As a newcomer to the Forbes list, Bouchard has proven to be an astute business leader over the years, so that in addition to amassing an enormous fortune, he was also nominated for the Best CEO of the Year award in 2012.

The top 10 richest people in Canada

9. Chip Wilson Net Worth: $5.8 billion

The most well-known clothing business in the world is Lululemon Athletica Inc., which sells yoga-specific sportswear that has been recognised across the globe for its products. It was founded by Wilson in the early 2000s. Wilson is a Canadian millionaire. Although Wilson stepped down from his role as CEO of Lululemon in 2013, he still owns an 8% share of the company. He also has an ownership stake of 0.6% in the Chinese sportswear company Anta, which is based in China.

10. Emanuele Lino Saputo Net Worth: $5 billion

It has been his privilege to serve as the Chief Executive Officer of the Saputo dairy firm in Montreal until he retired in 2017. Saputo is one of the most well-known dairy firms in Canada. He founded Saputo when he was only five years old as an immigrant from Sicily. In the beginning, Saputo only had $500 and a bicycle for carrying the goods. Today, Saputo is one of the largest dairy companies in the world. It exports dairy products to over 40 countries all over the world.

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