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Canada by Jason Hafso/

10 Most Wealthy People from Canada

Canadians enjoy levels of well-being that are the envy of much of the world, GDP measures income today.

But what matters, in the long run, is wealth, the foundation of income in the future, Half of all Canadians have a net worth above $329,900, according to 2019 stats.

Persons with more than $1 million can be considered wealthy in Canada, Most Canadians are pretty wealthy by global standards.

Not only do they have a plethora of assets and a booming economy, but they also have a government welfare system that provides Canadian citizens with a level of living unrivaled in many other areas of the globe.

1. David Thomson

David Thomson, the 3^rd Baron Thomson of Fleet, is a Canadian businessman, media magnate, and art collector who has a net worth of $50 billion.

David Thomson is the Chairman of the Thomson Reuters corporation and his family is the richest in Canada

David Thomson and his family control a media and publishing empire founded by his grandfather Roy Thomson.

The family’s biggest holding: more than 320 million shares of Thomson Reuters, where Thomson serves as chairman.

He was the first white man to explore the Columbia River from source to mouth, David Thompson was born in Westminster, Middlesex.

2. Changpeng Zhao

CZ at Vietnam NFT Summit by Aevozer/

Changpeng Zhao, commonly known as CZ, is a Chinese-Canadian business executive.

Zhao is the founder and CEO of Binance, the world’s largest cryptocurrency exchange.

Zhao, CEO of cryptocurrency exchange Binance, cracked the top 20 with a net worth of USD$65 billion.

Changpeng Zhao came under widespread public scrutiny when he called people poor in a now-deleted tweet.

CZ was born in Jiangsu, China. Both of his parents were educators; his father, a professor, and the family eventually emigrated to Vancouver, Canada, in the late 1980s.

3. Sherry Brydson

Brydson is the largest shareholder of Woodbridge, an investment firm that controls Thomson Reuters.

The majority of Brydson’s fortune is derived from Woodbridge, an investment firm that manages the family fortune originated by Canadian media magnate Roy Thomson.

Brydson is ranked as the 2^nd richest person in Canada, Sherry Brydson’s net worth is estimated to be $13.8 billion, making her Canada’s wealthiest woman.

She took part in the 1970 Abortion Caravan, in which hundreds of women marched from British Columbia to Parliament.

Sherry Brydson owns Viking Air in North Saanich, which is producing a resurrected edition of the Twin Otter jet for global customers.

4. Tobias Lutke

NYC-Commerce-Tobi-Lütki by Benjamin Forrest/

Tobias Tobi Lütke MSC is the billionaire founder and CEO of Shopify, an e-commerce company based in Ottawa, Ontario, Canada.

Tobias Lütke met his future wife, the Canadian Fiona McKean during a winter vacation in Canada.

He has grown this innovative start-up into a high-tech behemoth that connects suppliers with online shoppers who spend billions of dollars on merchandise.

In addition to his entrepreneurship, he supports the growth of the Canadian technology industry by working on government steering committees.

Tobi Lutke is a German Canadian entrepreneur who has a net worth of $7.5 billion, Lutke is also known for being part of the core team of the Ruby on Rails framework.

5. Jim Allen Pattison

Jimmy Pattison Vancouver Fourth of July by Unknown Arthur/

Jim Allen Pattison is a Canadian business magnate, investor, and philanthropist, Jim Pattison was awarded the Freedom of the City award.

Pattison is best known as the founder, chairman, and chief executive officer of The Jim Pattison Group, Canada’s second-largest private company.

Jim has been known to give 10 percent of his income to charity every year, including once placing a $1 million cheque in a church collection plate.

Pattison is married to his childhood sweetheart, Mary Hudson. The couple has three children, two daughters, and one son.

6. Willard Galen Weston

Willard Gordon Galen Weston at the CFC Gala 2013 by Unknown Arthur/

Willard Garfield Weston, food merchant, manufacturer he is the son of biscuit manufacturer George Weston,

He developed the family business into one of the largest food conglomerates in Canada.

Weston and his family, with an estimated net worth of US$8.7 billion, are listed as the third wealthiest in Canada and 178th in the world by Forbes magazine.

He married Hilary Weston. They have two children, Alannah and Galen Weston Jr., both born in 1972.

Weston was a supporter of a range of charitable causes, both personally and as Chairman of the W. Garfield Weston Foundation.

7. Dennis Chip Wilson

Dennis Chip Wilson is the founder and former CEO of Lululemon, which he started with a single store in Vancouver in 2000.

He took the athleisure company public in 2007 but resigned as chairman in 2013 and removed himself from the business completely in 2015.

Wilson, his wife, and five sons now operate a holding company called Hold It All, which invests in apparel, real estate, and private equity.

Chip Wilson has a net worth of $2 billion. He is a Canadian who was raised in San Diego and lives in Vancouver, British Columbia.

8.Emanuele Lino Saputo

Emanuele “Lino” Saputo, is an Italian-Canadian billionaire businessman, He is the founder of the Canadian cheese manufacturer Saputo Inc.

Emanuele Lino Saputo and his family had a net worth of US$5.5 billion, In 1950, Lino’s father, Giuseppe Saputo, and eldest brother, Frank, immigrated to Canada from their Sicilian home.

Lino Saputo is married to Mirella, and they have three children: Joey, Lino Jr., and Nadia. Lino is an enthusiastic car collector, particularly of vintage Cadillacs and other classic cars.

Mirella and Lino launched a charitable foundation, the Foundation Mirella and Lino Saputo, which donates money to a wide range of causes.

9. Susan Niczowski

Susan Niczowski, Founder and President of Summer Fresh Salads Inc., is an industry innovator in the food landscape and is known for shaping the fresh, gourmet food category.

Susan juggled her company and her 20-month-old daughter at the office. Ms. Niczowski is at the helm of a $38-million, 220-person gourmet food company.

Niczowski is cited as a self-made millionaire, her firm Summer Fresh is “an innovative company”.

The company has been recognized with several prestigious awards from the food industry and business community

10. Heather Maxine Reisman

Heather Maxine Reisman, OC, entrepreneur, business executive. Reisman is best known as the founder and chief executive officer of Indigo Books and Music.

This is Canada’s largest book and specialty toy retailer, and the co-founder of Kobo, a top global e-reader maker.

Heather Reisman supports a variety of charitable and arts organizations through the Gerald Schwartz and Heather Reisman Foundation, established in 1992.