Stuart Belkin saw sweet profits this year from his family's stake in the Rogers Sugar Income Fund. The respected Toronto developer got some unfortunate attention in December 2003 when one of his buildings, the landmark Uptown Theatre in downtown Toronto, collapsed during demolition, killing one person and injuring 14 others. He moved smoothly between English and French, in a city where that matters. Since the departure of the Expos, he has been involved in initiatives aiming to bring Major League Baseball back to Montreal. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987. He was gutted when his beloved Expos left for Washington, D.C. after the 2004 season. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987.[1]. After selling off most of its Telemedia Corp. media assets in the past few years, the family mostly stayed out of the limelight in 2004, save for the many mentions in the Montreal Gazette's Social Notes column. GuruFocus.com is not operated by a broker or a dealer. Benjamin Bronfman. Business must be hopping for Katz's private drugstore empire. He and a group of investors failed to keep the Expos in Montreal in the early 2000s. The former transportation tycoon and one-time owner of the CFL's Hamilton Tiger-Cats made philanthropic history in December 2003 when he donated $105 million to McMaster University's medical school the largest single cash gift to a Canadian institution. Katz Group Canada Ltd. is planning on spending between $50 million and $100 million a year building and renovating stores. Rogers Wireless made headlines this fall when it purchased Microcell Telecommunications Inc., the parent company of Fido, for $1.4 billion. Since our first investment in a private equity fund in 1998, we have invested in over 80 private equity and real estate funds and a dozen co-investments. Stephen Bronfman net worth 2.2 Million Millions of dollars 84% Net worth score Disclamer: Stephen Bronfman net worth displayed here are calculated based on a combination social factors. The largest Canadian pharmaceutical company claims to have made the largest pharmaceutical investment in Canadian history: in November, Sherman's Apotex Inc. invested $627 million to open four new R&D and production facilities in the Toronto area and created 1,500 new scientific and engineering jobs. In 1924, Samuel founded the Distillers Corporation in Montreal. But the mystery buyers may not even need to . Coutu's pharmacy company became the fourth-largest North American drugstore chain in August when it purchased 1,549 Eckerd stores. He has two older sisters, the art patron Baroness Aileen "Minda" Bronfman de Gunzberg, and architecture expert and developer Phyllis Lambert. Charles Bronfman Net Worth: $2.54 billion ( 1.2% from 2017) Rich 100 rank: #39 Change in rank from 2017: 4 Major company holdings: Vivendi Location: New York & Palm Beach, Fla. Age: 86 National Basketball Association net worth, Republican Party (United States) net worth, United States House of Representatives net worth, United States Department of the Treasury net worth, Royal National Lifeboat Institution net worth, Royal Society for the Protection of Birds net worth, New York City Department of Buildings net worth, National Grid Corporation of the Philippines net worth, CORRUPTION: What happened to Grant Solomon? Sycamore Networks Inc., founded by Deshpande in 1998, was one of seven companies to win a contract from the U.S. Defense Department in January as part of a US$850-million plan to turn its communications system into a worldwide high-speed network. the Director of SunOpta Inc and owns about 5,389,288 shares of SunOpta Inc (STKL) stock worth over $44 Million. 71. We also invest in real estate, credit and special situations funds. Stephen Bronfman is big on family. Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. Our private equity funds program is invested globally with some of the world's leading private equity funds that we have strong relationships with. The soaring price of crude helped push the Calgary financier and oilpatch magnate's personal net worth up more than 50% from last year. Sunopta executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Specs 8,085 square feet, 5 bedrooms, 7 bathrooms. When asked by a reporter what he would do if he suddenly lost all of his money, the star pension fund manager and corporate governance rabble-rouser replied: I would start another company like my own and look for even better guys to work with than I've had. The company reported a 2.5% increase in annual net sales and also announced plans to open a $43.3-million french fry processing facility in northeast China. The proposed merger between Montreal brewing dynasty Molson Inc. and Colorado-based beer maker Adolph Coors Co. left a bitter aftertaste for some Molson shareholders, prompting some stock analysts to speculate the deal could fizzle out. "That paper loss is among the largest sustained by a single family, ever," Fortune magazine. Money poured in. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. The award recognizes refiners with exemplary achievements in areas such as producing clean fuels and dedication to environmental performance. Above is the net worth, insider trading, and ownership report for Stephen R Bronfman. From humble beginnings as a Russian immigrant at the end of the nineteenth century, the family patriarch Samuel Bronfman began to build what would become the largest distiller in North America. Our third-party managed funds include long only public equities, hedge and private equity funds. According to the SEC Form 4 filings, Stephen R Bronfman has made a total of At left is and Pierre Boivin. We take governance seriously and adhere to the highest industry standards. Robert (Bobby) Julien and Delia Moog: $960 million. Potter thrilled more than 1,500 people at the Brockville Flying Club's semi-annual fly-in breakfast when he flew by in his 1945 Spitfire, bringing the plane low for the crowd to gawk. We use conservative leverage and construct optimal capital structures to provide sufficient flexibility to maneuver through economic cycles and reinvest cash flows to grow the business. In October, he was advised by the RCMP that his company, Royal Group Technologies, was part of an investigation into allegations it deceived or defrauded shareholders regarding money transferred to a luxury Caribbean resort controlled by De Zen. Then global investors bought in", "Secret money. Building together. Stephen Bronfman's father, Charles, was the Expos first owner, giving the son a close-up view of the team during the early years. Although shares in Friedland's Ivanhoe Mines Ltd. have since returned to more earthly levels (dropping him 18 spots on the list), his Mongolian copper and gold project continues to churn out good news. . He doesn't need to be No. On average, Sunopta executives and independent directors trade stock every 22 days with the average trade being worth of $636,028. York University bestowed an honorary doctorate on the media-shy founder of Teknion Corp., the office furniture company that first produced a tilting chair for under $100. 59. With an estimated net worth of $39.5 billion, David Thomson, chairman of media and publishing group Thomson Reuters Corp., is the wealthiest person in Canada, that's according to CEOWORLD magazine's Canada Rich List Index For 2020. Click or tap any entry for further details on their net worth, the companies they control, their overall asset mix and more. The chairman of Pacific Century CyberWorks lost 17% of his wealth on the list, mostly due to a decrease in share price. Who's in, who's out, who's hot, who's not. As executive chairman he has overseen the firm's direct private equity portfolio invest, amongst others,[3] in: Cirque du Soleil, CPI, Dick Clark Productions, TSN, Solotech, The Next Adventure, 49TH Parallel, Champlain Seafood, Circle Foods, NYSE, Tour Telus, Bassins dy Havre, Eagle Creek, Busbud, Cloudify, Facebook, Gigaspaces, Luxury Retreats. The Burnett brothers continued to grow their fortunes through Burnac Corp., a privately held conglomerate that includes a wholesale fruit and vegetable business, a retail food chain, one of North America's largest hydroponics vegetable-growing operations and several real estate investments. A fan favorite, he's still referred to in Montreal as "Le Grand Orange" for the color of his hair. Her Lebanese immigrant father started out as a door-to-door clothing salesman. Management with skin in the game investing alongside us. In 2008, married Roche, an architect, in New York City. The family's publicly traded business, Samuel Manu-Tech Inc., is currently experiencing record quarters. From 1999 to 2001, Bronfman was the first chairman of the United Jewish Communities, the merged North American organization comprising United Jewish Appeal, the Council of Jewish Federations and United Israel Appeal. [14] He will stay on as executive chairman. , Active research and documentation that identifies and analyses challenges confronting communities. We report to one owner who plays an integral role in decision-making and works closely with the senior leadership team. headquartered in Montreal, Quebec. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. The former president of Moffat Communications and one-time co-owner of the Winnipeg Jets predicted in January that unless NHL players are willing to take a significant pay cut, no mid-size city will ever be able to afford a pro hockey team. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. In this role, we often provide strategic and operational support, relationships, capital to fund growth initiatives, and a more conservative approach to leverage. In April, the CRTC admonished Aliant for selling local phone service in a bundled package in areas of Nova Scotia and P.E.I. It was divided up by his seven children and wife. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. A new member to the list, the CEO of Alimentation Couche-Tard started off in the convenience store business as a teenager, stocking shelves at a local depanneur. 14. It is one of 10 projects Sustainable Development Technology Canada is funding with a combined total of $20.2 million. The meaty merger expands the global company to $6 billion in sales and more than 23,000 employees. In June, Markham, Ont. In the 2010 article "The Heiresses and the Cult", Vanity Fair detailed how Sara and Clare Bronfman had given up to $150 million to NXIVM, a group their father referred to as a cult. Stephen R Bronfman currently owns a total of 1 sale He was the largest claimant of 86 investors who filed a lawsuit in February over US$570 million in losses by a U.S. hedge fund group. We put in place strong boards formed with members that bring experience and sector knowledge to our partners. of 2,013,459 shares made by Engaged Capital Llc Age: 91 Birthplace: Montreal, Canada Grant is more than $100 million richer this year, thanks to privately held Grant Forest Product's major holding, Ainsworth Lumber Co. Its superstar stock shot up 318% over a recent 12-month period. We are also very active in co-investments with our private equity partners. Our investment experience, coupled with our expertise in identifying transformational opportunities and adding value to portfolio companies, has helped us achieve superior risk-adjusted returns over the long term. The head of London Drugs (the Vancouver-based eclectic chain that he owns through his late father's company, H. Y Louie Co. Ltd.) attended the World Economic Forum in Davos, Switzerland, in January with the likes of Bill Gates, Michael Dell and Steve Forbes. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside world. He was educated at Selwyn House School in Montreal, Trinity College School in Port Hope, Ontario, and McGill University. Claridge challenges its portfolio teams to excel and, through respectful and symbiotic relationships, we tend to complement our partners well. Under his leadership, the Bronfman family established itself as a pioneer of the Canadian industrial landscape and built a crown jewel of the emerging Canadian economy. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. He'd seen his father come home from work everyday in a suit and tie and didn't think it was for him. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. Want more of our free, weekly newslettersinyourinbox? , In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Gururaj (Desh) Deshpande: $346 million. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Global perspective enables us to identify sectors with potentially better opportunities, make key introductions to new markets, recruit new personnel, and make acquisitions. Mark Leonard and Family - $3.52 billion CAN ($2.8 billion US) Mark . But watch out, Peter: the darling is already starting to slide. that could decrease the service price and reduce local competition. Other key executives at SunOpta Inc include 17. Bronfman, the 34-year-old grandson of the late billionaire Edgar Bronfman Sr., and son of Matt Bronfman, the Manhattan-based billionaire investor, bought the 1.1-acre compound that, according. He also lost out on a bid to buy the venerable Montreal Canadiens hockey team in 2010. In recent years, as Bronfman has tried to bring baseball back to Montreal, he's spoken longingly about growing up with the Expos meeting players, reading box scores, the move to cavernous Olympic Stadium. And having roots. We are not only chosen for our capital, but also for the type of partnership and guidance we can offer. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Claridge has thrived through many economic cycles. They divorced in 2011, on amicable terms, celebrating their divorce with a lavish "divorce party. Bronfman is closer to that dream than ever. Bronfman is adding to his family's wealth.

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