There are now 53 Canadian billionaires with a total worth of US$100 billion. This is according to the Wealth-X Billionaire Census 2021, which also reveals that there are now 3,204 billionaires globally, with a combined fortune of approximately $10 trillion.
There has been a 13 percent worldwide growth in the number of ultra-wealthy people, while Canada experienced a 15 percent increase in the number of billionaires, trailing behind the global gain of roughly 6 percent in billionaires’ wealth.
Who is the richest person in Canada?
David Thomson, CEO of Thomson Reuters, tops the list of the richest people in Canada with a net worth of $31.6 Billion, even though his organization has witnessed a sharp decline (almost 30 percent).
So, ideally, he should move down the list. David Thomson remains at the top of the leaderboard despite severe losses in nearly all corners. In addition, his wealth is projected to increase since Thomson Reuters’ operational earnings increased by 60 percent in 2019, indicating the likelihood of a more robust increase if the economy recovers.
What is the richest family in Canada?
The Thomson family is the wealthiest family in Canada and among the wealthiest families worldwide. Thomson, the present leader of the family, has the official British title of Baron Thomson of Fleet, which he received from his father.
According to Canadian Business magazine, the Thomson family is valued at approximately $41 billion. Additionally, David Thomson received the Thomson Company from his father, which he later transformed into the media powerhouse Thomson Reuters.
Who is the youngest Canadian billionaire?
According to Forbes, Piotr Szulczewski, the founder of Wish.com, is the youngest Canadian billionaire with a net worth of US$1.4 billion.
Wish is a mobile e-commerce application linking consumers with Chinese merchants selling discounted items on users’ “wish lists.” The application has more than 500 million users globally across iOS and Android devices.
Where is Billionaires Row Toronto?
The Bridle Path is an affluent residential neighbourhood in the former city of North York, which is now a part of Toronto, typified by huge multimillion-dollar residences on two to four acre (8,000 to 16,000m2) lots. It is well known as ” Billionaires Row.”
The area’s exclusivity is amplified by the fact that just a few highways cross through it. The Bridle Path has varying property values; however, most of the properties here sell for well over $1 million.
Where do most billionaires live in Canada?
Most billionaires in Canada live in Mount Royal in Calgary. This affluent neighborhood has an intriguing past and continues to be a popular place for the wealthy to settle. When the neighborhood was originally populated, it was known as “American Hill” due to the high number of rich American business elite that lived there.
What is the wealthiest area in Canada?
Ottawa, Canada’s capital city, is the wealthiest city, with an average family income of $82,052. The city has a population of around one million and is situated in the southeastern region. The many educational institutions in the city make it a virtual university town.
There are more than 110,000 individuals employed by the federal government, the city’s biggest employer and a major contributor to its booming economy in Ottawa.
As Canada’s primary military command center, the National Defense Headquarters is based in Ottawa. Ottawa’s historical landmarks, which attract tourists, play a significant role in the city’s tourism industry.
