10 Richest Men in Canada, Wealthiest Billionaires

TEMPO.CO, Jakarta - Forbes Magazine has released the annual list of the world's richest people for the year 2024. This is one of the most anticipated news stories of the year, given the economic status of each country around the globe. 

Canada contributes to a number of wealthy billionaires. According to Forbes, there are 57 billionaires from Canada on the list with a total net worth of $315 billion in 2024. This is significantly increased from the previous year when all of Canada's billionaires gathered around $245 billion. 

The Canadian government in the Economic and Fiscal Overview reported that there is a growth in the economic health of Canada for the year 2024. The inflation rate in the country was seen dropping to 2.8% in February 2024. 

In this article, Tempo has rounded up 10 Canadian billionaires along with their latest net worth according to Forbes Magazine. 

1. David Thomson - $67 Billion 

David Thomson and his family are the richest in Toronto in 2024. They are the leaders in media production. They control the Thomson Reuters Corporation and The Globe and Mail newspaper.  

2. Changpeng Zao - $33 Billion 

Second on the list of richest Canadians is Changpeng Zhao, whose net worth was $33 billion when Forbes first published the report. He is the founder of Binance, an online cryptocurrency exchange, making him one of the most prominent figures in the investment industry. As of August 15, there was an increase in Zhao's net worth to $57 billion. 

3. David Cheriton - $14 Billion 

David Cheriton is the third richest man in Canada with a net worth estimated at $14 billion. The retired Stanford University professor earned his net worth through his early investment in Google, Alphabet Inc.

4. Jim Pattison - $9.1 Billion 

The Jim Pattison Group controls 20 business divisions including automotive, entertainment, food and beverage, and more. The entertainment division has achieved notable accloud in Guinness World Records and Ripley's Believe It or Not. 

5. Joseph Tsai - $8.6 Billion 

Joseph Tsai is one of Canada's billionaires for being the second largest shareholder and co-founder of Alibaba Group, an e-commerce retail company. Tsai was born in Taiwan and currently lives in Hong Kong, but holds a Canadian passport. 

6. Anthony Van MandI - $7.4 Billion 

Anthony von MandI is one of the richest Canadians with a net worth of $7.4 billion, earned through his alcoholic beverage business, White Claw Hard Seltzer, and Mike's Hard Lemonade. Forbes reported that his company had a revenue of $3.5 billion in 2023. 

7. Alain Bouchard - $7.4 Billion 

Alain Bouchard is the 7th richest man in Canada as of 2024. He is the co-founder of Alimentation Couche-Tard, a convenience store chain with more than 14,000 stores worldwide.

8. Arthur Irving - $6.6 Billion 

Arthur Irving owned a well-known gas station and oil refinery company before the oil company announced the passing of Arthur Irving earlier this year. 

9. Tobi Lutke - $6.5 Billion

Tobi Lutke is a co-founder of Shopify, an e-commerce company. He owns 6% of the shares in the company. 

10. Chip Wilson - $5.9 Billion 

Chip Wilson was the founder of Lulumelon in 2000 and served as CEO until his resignation in 2013. He built the company from a single store but left the business in 2015. 

Canada's rapid economic growth has led to a keen public interest in the identity of the country's wealthiest individual, making it a recurring topic of conversation each year.

Vidya Amalia

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