Top 25 Richest People In Canada

MB-Alain Bouchard

According to Forbes’ latest list of richest billionaires in the world, the ranks of Canadian billionaires are growing faster than some countries’ economy. The country’s Wealthiest People simply got richer. To help us understand how wealthier they have become, Forbes compiled a chart of the wealthiest people in the world and it is no surprise that about 30 Canadians (including familiar faces and new kids) made the list. Read on to see the 2015 top 25 richest people in Canada, how they did—and discover the sources of their wealth, the strokes of business genius that made them rich in the first place, and the investments that keep them on top.

Read Also: Top 13 Richest Billionaires In Netherlands – 2015

25. Brandt Louie

Net Worth: $1.8 Billion

Industry: Drug Store Chain

Brandt Louie is the chairperson and CEO of a retail empire in Vancouver, Canada. The company is made up of grocery wholesaler H.Y. Louie, and London Drugs, which is one of the biggest drug store chains in Canada. He took over the company after the death of his father Louie Tong in 1998. His holding company, H.Y. Louie Co., which controls London Drugs, is the second- biggest privately held company in British Columbia, trailing only the Jim Pattison Group. He obtained his B.Comm from University of British Columbia and became a chartered accountant three years later. He sits on the boards of a good number of companies and non-profit organizations, including the Royal Bank of Canada. He served as the ninth Chancellor of Simon Fraser University from 2005-2011.

25. Norman Murray Edwards

Net Worth: $1.8 Billion

Industry: Oil & Gas

Norman Murray Edwards is an oil sands financier and co-owner of the Calgary Flames hockey team. He earns most of his money from stakes in Canadian oil and mining companies, primarily oil sands miner Canadian Natural Resources. He is also one of the owners of the National Hockey League’s Calgary Flames. He is a central figure in the NHL and was heavily involved in the negotiations between owners and players during the 2012 lockout. Edwards is also the Chairman of the Board of Magellan Aerospace Corporation and the majority holder of Magellan Aerospace, owning -76% of Common Shares. He has more than 30% of a management and holding company, Jovian Capital Corp.

Read Also: Top 23 Richest People In Sweden 2015

23. Clayton Riddell

Net Worth: $1.9 Billion

Industry: Oil & Gas

Clayton founded Calgary, Alberta based Paramount Resources. The Canadian oil baron is not only the founder, but is also the president and CEO of the company. He is also one of the owners of the Calgary Flames and high-end Calgary restaurant Catch. With an estimated net worth of $ 1.9 billion dollars (as of March 2015), Riddell was ranked by Forbes as the 1006th richest person in the world. He has indeed developed a resources empire over the last four decades  starting with near-barren natural gas wells when he founded Paramount Resources in 1974.

Read Also: Top 25 Richest People in the World

23. Guy Laliberte

Net Worth: $1.9 Billion

Industry: Cirque du Soleil

Guy Laliberte, a Canadian entrepreneur, philanthropist, poker player, space tourist and co-founder of Cirque du Soleil in 1984, one of the biggest live entertainment groups in the world. He is as of now, the CEO of the company. He is working hard towards revitalizing his company, popular for its intricate circus shows that have been seen by over 150 million people worldwide, as its creative guide. The Canadian business tycoon started out as a street performer in Quebec, walking on stilts and breathing fire. He established Cirque du Soleil at the time Canadian government bestowed him a $1 million contract to develop a celebration for the 450th anniversary of the discovery of Canada.

You Might Also Like: Top 25 Richest People In Australia – Number 1 Will Make Your Jaw Drop

23. Carlo Fidani

Net Worth: $1.9 Billion

Industry: Real Estate

Carlo Fidani presides over Orlando Corp., the Toronto-area real estate company. He succeeded his father upon his death in 2000. Carlo is the third generation to operate the family business, which has interests in a range of platforms including construction and development as well as property leasing and management of more than 40 million square feet of industrial, office and commercial real estate. The company was established as Fidani and Sons in 1948 by Carlo’s grandfather.

Read Also: Top 25 Richest Germans: 2015 Latest Ranking

page 1