CEOWORLD Magazine released an updated list of the 14 richest Canadians.
The list includes some familiar names but there has been some movement among the wealthiest people in the country.
Joseph Tsai, vice chairman and co-founder of Chinese e-commerce giant Alibaba Group Holding Ltd., is the wealthiest person in Canada. The financial publication notes that he is a Taiwanese native and Canadian citizen, and his fortune recorded a whopping gain of $500 million in 2020.
Sherry Brydson is the second-richest person in Canada, with $11 billion, followed by Tobias Lutke ($9.83 billion)—the CEO of Ottawa-based e-commerce powerhouse Shopify—in third.
Galen Weston ($9 billion) came fourth, followed by Saskatoon-born, Vancouver-based business magnate, investor and philanthropist Jim Pattison ($7.59 billion) in fifth.
Pattison, 93, currently holds the position of chief executive officer, chairman and sole owner of the Jim Pattison Group, one of Canada's largest privately-held companies. He was inducted into Canada's Walk of Fame in 2018, in addition to his prior appointment to the Order of Canada in 1987 and the Order of British Columbia in 1990.
Arthur Irving ranked sixth with a personal wealth of $7.53 billion, followed by Taylor Thomson, chair of global media company Thomson Reuters Corp., with $6.81 billion.
Anthony von Mandl's name has climbed up from thirteenth to tenth on the list. The B.C. billionaire responsible for establishing Mission Hill Family Estate winery in Kelowna, as well as Mark Anthony Brands International—the company responsible for founding both Mike's Hard Lemonade Co. and White Claw Hard Seltzer—is reported to be worth $6 billion.
Lululemon founder Chip Wilson fell from ninth-place to twelfth on the list, despite his net worth increasing slightly to $5.96 billion, up from $5.5 billion in 2020.
CEOWORLD says it reviewed numerous national and international media reports in order to compile the list.
Canada top 14 richest billionaires
- Joseph Tsai: $12.6 billion
- Sherry Brydson: $11.0 billion
- Tobias Lutke: $9.83 billion
- Galen Weston: $9.00 billion
- Jim Pattison: $7.59 billion
- Arthur Irving: $7.53 billion
- Taylor Thomson: $6.81 billion
- Peter Thomson: $6.81 billion
- David Thomson: $6.81 billion
- JK Irving: $6.25 billion
- Anthony von Mandl: $6.0 billion
- Chip Wilson: $5.96 billion
- Linda Campbell: $5.35 billion
- Gaye Farncombe: $5.35 billion
With files from Megan Lalonde.