Top 10 Richest Families In Canada 2020

Richest Families In Canada

The Richest Families In Canada presently – Canada is a very popular country that is associated with various pleasant things. As one of the richest countries in the world, Canada can also boast about being the abode of some very wealthy families. There are a lot of billionaires living in the country, and it is interesting to note that these people are from diverse backgrounds and sectors.

This article is about the top ten richest families in Canada, some who really came to Canada many years back as poor people searching for a better life, but they have a big goal which eventually materialized into something huge. Currently enjoying their statuses, they have kept their various businesses close, despite which industry they operate in. Their activities keep benefiting the country in various ways, as they help in creating jobs (which reduced the rate of unemployment in the country and has helped prevent some socioeconomic problems that would have erupted as a result of lack of job), increased the country’s revenue (in terms of taxes), etc 

Top 10 Richest Families In Canada 2020

 S/N   Name   Net Worth {CAD}  Industry
 1.  Thomson Family  41.4 Billion  Technology/Media
 2.  Rogers Family  $11.57 Billion  Communications
 3.  Saputo Family  $10.41 Billion  Foods, Saputo Inc
 4.  Desmarais Family  $8.34 Billion  Power…
 5.  Irving Family  $7.38 Billion  Oil And Gas
 6.  Richardson Family  $66.55 Billion  Food, Oil, And Gas
 7.  Azrieli Family  $5.38 Billion  Real Estate
 8.  Gagliardi Family  $3.92 Billion  Real Estate
 9.  Apostolopoulos Family  $3.9 Billion  Real Estate
 10.  McCain Family  $3.7 Billion  Foods

Details On The Richest Families In Canada

  • 1. The Thomson Family

    • The Family’s Net Worth: CAD $41.14 billion
    • Family Business And Industry: Thomson Reuters, Technology/Media

The Thomson family is regarded as the richest family in the country currently, and they lead the pack. In fact, it is necessary to add that this family is well-known even on a broader note, and they made a large chunk of their money via Thomson Reuters. 

A prominent member of the family is Baron David Thomson, and he is known for various things (including being a lover of art and pushing aside claims that he is an elitist). 

Richest Families In Canada
Richest Families In Canada
  • 2. The Rogers Family

    • The Family’s Net Worth: CAD $11.57 billion
    • Family Business And Industry: Rogers Communications, Communication

Next is The Rogers family, and they remain one of the most important families in Canada. Rogers Communications, a firm headquartered in Ontario, helped pushed them to the top spot. 

Rogers communications were established by Edward Rogers, Jr. in the year 1960, and Edward, who is the prominent member of the family, has been able to ensure the success of his venture despite starting at a pretty young age. 

  • 3. The Saputo Family

    • The Family’s Net Worth: CAD $10.41 billion
    • Family Business And Industry: Saputo, Inc., Food

The Saputo family is the third richest family in Canada, and they have a rich history too. Having migrated from Sicily, Lino Saputo, who remained the prominent member of the family, was able to indulge in strategic activities that ensured their success in the North American country. 

Being a cheesemaker when he was in Europe with his family, he was resolute to continue doing what he loves doing even in Canada (alongside his wife Maria), and he founded Saputo, Inc. with limited resources. Nevertheless, the company grew impressively, and now has a workforce that runs into thousands of people, making a lot of money each year, and bringing more wealth to the family. 

  • 4. The Desmarais Family

    • The Family’s Net Worth: CAD $8.38 billion
    • Family Business And Industry: Power Corp. of Canada, Busing

The Desmarais family is the fourth on the list, and they remained an important family as far as Canada is concerned. The prominent member of the family is the late Paul Desmarais, who is from France, but chose to settle in Canada years back. 

Paul graduated from the University of Ottawa and started with a railroad firm established by his grandfather. Despite various challenges, he was able to grow the family’s wealth and reputation in Canada. 

  • 5. The Irving Family

    • The Family’s Net Worth: CAD $7.38 billion
    • Family Business And Industry: Irving Oil, Oil, and gas

The fifth family on the list of the top ten richest families in Canada is the Irving family. They are associated with Irving Oil – a big oil and gas firm that has created a lot of job opportunities, and that keeps bringing more money to the family. 

Actually, it all started in 1924 when K.C. Irving took the step to establish the company (he was just twenty-five years old at that time). Right now, Arthur Irving, who is  K.C.’s son as well as the prominent member of the family, is now in charge and has been able to scale the family’s business to an enviable height. The family is such a wealthy one! 

  • 6. The Richardson Family

    • The Family’s Net Worth: CAD $6.55 billion
    • Family Business And Industry: James Richardson & Sons, Oil, and gas

The Richardson family is the sixth family on our list, and they are the owner of Richardson International. Their major asset is James Richardson & Sons – which produces and processes things like grain, oats, etc. 

The company, which has created thousands of jobs in Canada, is enjoying dominance in the market. One impressive point that should be noted is that Richardson International had has been privately held by this family for years now. 

 James Richardson & Sons were established in 1857, and the company keeps soaring, making billions in revenue each year. Headquartered in Winnipeg, this company remains one of the most admired in Canada, and the Richardson Family, one of the most admired in the country. 

  • 7. The Azrieli Family 

    • The Family’s Net Worth: CAD $5.83 billion
    • Family Business And Industry: Azrieli Group, Real estate

The Azrieli family is the seventh richest in Canada, and their company – The Azrieli Group, is a big player in the real estate sector. 

The late David Azrieli established the business years ago, and he used to live in Quebec. David was born in Poland (though his family is a Jewish family), and during the Second World War, the family absconded to save their lives. He served in the Israeli army after the country gained Independence before he removed to Canada. 

David first settled in Montreal, and it was there that he began to play a role in the real estate sector. One impressive and intelligent thing he did was ensuring he spread his tentacles (getting apartment buildings, malls, etc, and also extending to other places). 

Today, the prominent member of the family is Naomi Azrieli, and the company has grown into an important wealthy one

  • 8. The Gaglardi Family

    • The Family’s Net Worth: CAD $3.92 billion
    • Family Business And Industry: Northland Properties, Real estate

The Gaglardi family is the eighth richest family in Canada, and they get their wealth from the real estate sector as well. 

Tom Gaglardi is a prominent member of the family, and he remains one of the most wealthy people in Canada presently. Although he now put his money in other ventures, The Northland Properties is the major channel of his wealth. 

The company has become a very important one in the country, as it has created tons of jobs and contributes to Canada’s wealth in general. Established in the year 1963, Northland Properties is based in Vancouver, and can now boast of many properties (both within Canada and outside the country). 

The family can boast of properties in countries like the United States of America via their company. 

  • 9. The Apostolopoulos Family

    • The Family’s Net Worth: CAD $3.9 billion
    • Family Business And Industry: Triple Group, Real estate

The ninth family on the list of top ten richest families in Canada is The Apostolopoulos family, and they also make a lot of money via the real estate sector. 

The family is actually a Greek-Canadian one that came from Kalamata as far back as 1952. They own Triple Group of Companies, and Andreas Apostolopoulos, who is the prominent member of the family, is the main brain behind it. 

Andreas has an inspiring history though. He used to be a janitor, who combined his jib with other side hustles just to make end means. With commitments, he was able to save reasonably well to start a small company, before growing to get a manufacturing firm. As he experienced growth, he began to look towards the real estate sector, and he has made a lot from real estate development.

  • 10. The McCain Family

    • The Family’s Net Worth: CAD $3.79 billion
    • Family Business And Industry: McCain Foods, Food

The tenth family on our list is the popular McCain Family. They are well-known for various reasons, but we are considering how they are one of the richest families not just in Canada, but in the world at large. 

The prominent member of the family is Michael McCain, and their major source of wealth is the McCain Food. The company is quite influential in the Food Industry, and they are a leading food company as far as the Canadian market is concerned. 

Here we go. While there are a handful of very rich families in Canada who owns very huge ventures, these made it into the top ten richest. Of course, it’s not meant to be a stagnant list, as we expect more families to have a taste in the coming years.

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