Richest Man in Canada 2023: Top 10 List, Net Worth, Business Model, Income Sources: In this article, we are going to discuss Richest Man in Canada 2023. The listed names from all the years till now have shown that the numbered positional stratigraphy is quite non-uniform in nature. In simple words, the top-numbered position of the wealthiest individual keeps changing. Some businessmen might show a decline in rankings due to numerous reasons and some achieve the road to acquiring double wealth by building a prosperous company or enhanced strategy.
This article also reveals inspiring stories of these accomplished wealthy men. So let us see in detail all the information on the Top 10 Richest Men in Canada 2023 List, Net Worth, Business Model, and Income Sources through this article.
List of Top 10 Richest Men in Canada 2023
| Name List | Net Worth | Business Model and Income Sources |
| David Thomson | $53.3 billion | In Canada, Thompson’s family is the richest of all. Their family is well known through “Thomson Reuters” – the world’s most popular news organization and a media empire that contains several other media organizations under them. They are the possessor of daily The Globe and Mail which is established in Toronto and have a financial interest in Canada. An addition in their fortune has shown progress to $14.3 billion |
| Changpeng Zhao | $16.4 billion | Zhao acquires the world’s most-known cryptocurrency trading platform and built “Binance”. Being the CEO and co-founder, he introduced Binance coin and Binance smart change, a currency that is in direct competition with Ethereum. During the arrival of this year, Binance acquired a minority share of Forbes – a dominating asset. |
| Jim Pattison | $11.6 billion | Pattinson is a real inspiration for the world who dived into entrepreneurship at the age of 33 by purchasing a vehicle dealership. Even in his old age of 94, he efficiently manages all 25 departments under his organization. Also, when the world was facing its most difficult phase of the COVID pandemic, he was able to double his fortune. |
| David Cheriton
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$10 billion | An active investor and founder of Granite Systems, one of his many businesses that accelerated his wealth growth after Cisco Systems acquired it. He also helped them in creating their company. Moreover, in 1998, he invested two hundred thousand dollars in Google which became a map for acquiring more than 3 billion dollars. |
| Joseph Tsai | $8.1 billion | Tsai, Co-founder and Vice Chancellor of the largest e-commerce retailer “Alibaba”. However, the estimate shows a downward ranking and lower share price but still, he manages to cope and continued to be a wealthy and successful online retailer business. |
| Galen Weston Jr. | $7.6 billion | Owner of many Canadian stores, virtually shopped by most Canadians. Stores such as Real Canadian Superstore, No Frills, Loblaws, etc. by the Loblaw family. Such supermarkets and retail firms were first started by George’s grandpa. |
| Anthony Von Mandl | $7.05 billion | Von Mandl, Founder, and CEO of Mark Anthony Group. They are the top-notch importers and distributors of alcoholic drinks in Canada. Started his wine business when there were very less wine supplies in Canada. His operations in the United States alone brought 3 billion dollars in revenue |
| Alain Bouchard | $6 billion | Co-founder and Chairman of Alimentation Chouche-Tard. Under this company, there are 12,000 convenience shops all over the world. A well-known store, Brand Circle K in the United States was established in 2003. Bouchard’s astuteness, a newcomer in business proved to be the success that not only helped in gaining wealth but also honored him with Best CEO of the Year in 2012. |
| Chip Wilson | $5.8 billion | A Canadian millionaire, who built a clothing business especially sports-driven yoga-specific and athletic clothes known as Lululemon Athletica Inc. They also own 0.6% of China’s sportswear firm “Anta” |
| Emanuele (Lino) Saputo & Family | $5 billion | Owner of Saputo dairy firm in Montreal, the popular and largest dairy firm, and served as the Chief Executive Officer until his retirement in 2017. This dairy firm was established by Emanuele’s father with only $500 and a bicycle as a goods carrier. Now, it is exported to more than 40 nations. |
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Comment your opinion regarding the updated list 2023