As the rich have gotten richer, the inequality gap in Canada has grown.
From 2020 to 2021, the collected wealth of the 47 Canadians who were billionaires climbed by $78 billion from the year before, for a total of $270 billion. And by 2022, there were 58 of them, worth $246 billion collectively.
Stacker compiled a list of the top 50 Canadian billionaires and ranked them by net worth, based on Forbes real-time data from Nov. 22, 2022. The leading billionaires in Canada are all men. Some of them were born in Canada, while others have come from outside the country.#50. Brandt Louie - Net worth: $1.
Stephen Smith is the president and CEO of First National Financial LP, Canada's largest nonbank mortgage lender, and the co-owner of Canada Guaranty Mortgage Insurance Co., which is Canada's third-largest mortgage insurance provider. After Smith was fired from his job in 1980, he began investing in real estate and building houses, but the tough economy led him to declare personal bankruptcy in 1984.
Jacques D'Amours co-founded Alimentation Couche-Tard Inc., which operates Canadian convenience stores. He started the company in 1980 and held various jobs throughout his 34-year career—manager of technical services, vice president of sales, vice president of administration and operations—before retiring in 2014. As of 2019, Couche-Tard operated 12,575 stores worldwide.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Photos: Richest people in CanadaAs the rich have gotten richer, the inequality gap in Canada has grown.
Read more »
Photos: Jason Payne's best photos of 2022His best\u002Dof album includes departing politicians, a couple knock\u002Dout sports photos and those protesting war, mandates and climate change
Read more »
Everything Coming to Netflix Canada in January 2023 | Elle CanadaFrom That 90's Show to The Pale Blue Eye, here are the new titles arriving on Netflix in January 2023 to help you decide what to watch.
Read more »
Canada vs Czechia WJC Final Picks and Predictions: O(ver) CanadaComing off a pair of dramatic wins in the semifinals, Canada and Czechia will meet in the IIHF U20 gold medal game tonight in Halifax as the heavily favored…
Read more »
Canada vs Czechia WJC Final Picks and Predictions: O(ver) CanadaComing off a pair of dramatic wins in the semifinals, Canada and Czechia will meet in the IIHF U20 gold medal game tonight in Halifax as the heavily favored…
Read more »
Canada vs Czechia WJC Final Picks and Predictions: O(ver) CanadaComing off a pair of dramatic wins in the semifinals, Canada and Czechia will meet in the IIHF U20 gold medal game tonight in Halifax as the heavily favored…
Read more »