Richest Man in Canada 2023 Top 10 List, Net Worth, Business Model

Richest Man in Canada 2023 Top 10 List, Net Worth, Business Model and other details can be checked from here now. Some people have continuously topped the top 10 Richest Canadians list, but others haven’t been able to maintain their spots.

Richest Man in Canada 2023

When we want to make more money ourselves, looking at people who have made a lot of money can be inspiring. We might be able to learn from their smart money choices and use them to help us earn more. Continue reading to learn more about Richest Man in Canada 2023.

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Top 10 Richest Man in Canada 2023

#1. David Thomson: $53.3 billion

If you are a citizen of Canada, you may already be aware of the fact that the Thomson family is the wealthiest in all of Canada. They have increased their fortune by a staggering $14.3 billion. How do they manage to amass such a massive fortune?

Richest Man in Canada

The family owns Thomson Reuters (TSX: TRI), the world’s most prominent news organization, and a media empire that owns several other media organizations. In addition, they are the proprietors of the daily The Globe and Mail, located in Toronto, and they have a financial interest in Bell Canada.

#2. Changpeng Zhao: $16.4 billion

Zhao amassed his wealth as the co-founder and CEO of Binance, which has grown to become the world’s most popular cryptocurrency trading platform. Since he established Binance, Zhao has also introduced Binance Coin and Binance Smart Change, a cryptocurrency that has become a competitor to Ethereum.

At the beginning of this year, Binance intended to acquire a minority share in Forbes, regarded as one of the most influential business media publications.

#3. Jim Pattison: $11.6 billion

Pattinson has managed to more than double his wealth despite the pandemic sweeping the world in the past few years. At 33, he made his first excursion into entrepreneurship by purchasing a vehicle dealership. Even though he is 94, he manages all 25 departments under his organization’s umbrella.

Some of the most well-known brands in the world are within the entertainment section, including Guinness World Records and Ripley’s Believe It or Not.

#4. David Cheriton: $10 billion

Cheriton began his road towards a net worth of one billion dollars by investing two hundred thousand dollars in Google in 1998. Since then, he has amassed more than three billion dollars. Granite Systems, one of his many businesses, was acquired by Cisco Systems in 1996 after he had helped to create the company. He is also an active investor.

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#5. Joseph Tsai: $8.1 billion

Tsai is still one of the wealthiest persons in Canada, even though his ranking has dropped since the last time we checked. Tsai is not only a co-founder but also the vice chairman of the e-commerce giant Alibaba. Even though its share price has decreased over the last several years, Alibaba continues to be one of the most successful online retailers in the world.

#6. Galen Weston Jr.: $7.6 billion

Although people from other countries might not be familiar with them, virtually every Canadian has been to one or more of Weson’s stores at some point. The Loblaw family owns Real Canadian Superstore, No Frills, and Loblaws, as well as all of these other grocery stores in Canada. George’s grandpa started the supermarket and retail firm.

#7. Anthony Von Mandl: $7.05 billion

You owe it to Von Mandl, the Mark Anthony Group’s founder, and CEO, to thank him if you’ve ever had a Mike’s Hard Lemonade or a White Claw Hard Seltzer and appreciated them. His company is still one of the top importers and distributors of alcoholic drinks in Canada.

In 2021, only his operations in the United States brought in a three billion-dollar revenue. Von Mandl began his career in the wine business at a time in Canada’s history when there were just a small handful of wineries.

#8. Alain Bouchard: $6 billion

Bouchard was one of the co-founders of Alimentation Chouche-Tard and now serves as the company’s chairman. The company has grown to include over 12,000 convenience shops throughout the globe. Alimentation Chouche-Tard completed the acquisition of the renowned convenience store brand Circle K in the United States in 2003.

A newcomer to the top 10 list, Bouchard’s astuteness in the business world has not only helped him amass an enormous fortune but also garnered him the award for Best CEO of the Year in 2012.

#9. Chip Wilson: $5.8 billion

Wilson is a Canadian millionaire who started numerous clothing businesses in the early 2000s. The most well-known of them is Lululemon Athletica Inc., which sells yoga-specific sportswear and is recognized all over the globe for its products. Wilson stepped down from his role as CEO of Lululemon in 2013, although he still maintains an ownership stake of 8% in the business. Also, he currently owns 0.6% of the Chinese sportswear firm Anta.

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#10. Emanuele (Lino) Saputo & Family: $5 billion

Saputo served as the Chief Executive Officer of the Saputo dairy firm in Montreal until his retirement in 2017. Saputo is the most well-known dairy firm in Canada. It got established by Emanuele’s father, an immigrant from Sicily. When he began the company, he only had $500 and a bicycle to carry the goods. Now, Saputo is one of the largest dairy companies in the world. The dairy products produced by Saputo get exported to more than 40 nations throughout the globe.

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