Stephen Jarislowky - $2.26 billion CAN ($1.8 billion US) Stephen Jarislowsky fled Nazi Germany for the Netherlands, then France, before immigrating to the United States in the 1940s. Photo by Andrew Vaughan / The Canadian Press Bronfman took the head of the private equity firm Claridge and has served as its CEO since 1997. This investment adviser does not provide advice to individual investors. the Director of SunOpta Inc and owns about 5,389,288 shares of SunOpta Inc (STKL) stock worth over $44 Million. The company almost went bankrupt in 2001 but, after a financial restructuring, emerged as one of Romania's top telecoms. Potter thrilled more than 1,500 people at the Brockville Flying Club's semi-annual fly-in breakfast when he flew by in his 1945 Spitfire, bringing the plane low for the crowd to gawk. Bronfman denied any wrongdoing, and the controversy appears to have blown over. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $591,868. Grant is more than $100 million richer this year, thanks to privately held Grant Forest Product's major holding, Ainsworth Lumber Co. Its superstar stock shot up 318% over a recent 12-month period. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net. 96. Our sixth annual ranking of Canada's wealthiest people. Stephen R Bronfman is . It's actually a myth about how to make money on Facebook Stephen Bronfman (born in Montreal) is a Canadian businessperson. The Burnett brothers continued to grow their fortunes through Burnac Corp., a privately held conglomerate that includes a wholesale fruit and vegetable business, a retail food chain, one of North America's largest hydroponics vegetable-growing operations and several real estate investments. 2004-2023 GuruFocus.com, LLC. Not having a predetermined fund life gives us the flexibility to make long-term decisions for the well-being of the company. Compelling long-term industry fundamentals. of 2,013,459 shares made by Engaged Capital Llc that could decrease the service price and reduce local competition. We can be a significant minority partner and although we prefer to invest at the equity level, we have the ability to invest throughout the capital structure of the company (mezzanine debt and equity). Schwartz's holding company, Onex, is awash with cash but he won't speculate on new acquisitions. Stephen R Bronfman owns 5,389,288 shares of SunOpta Inc (STKL) as of May 9, 2006, with a value of $44 Million. [20][21], Bronfman joined the Giving Pledge, an initiative of the Bill & Melinda Gates Foundation.[2][9]. As chairman, Risley remains involved in the day-to-day operations of Clearwater Seafoods LP, the processed-fish company he founded in 1976. The family money-maker, Atlantic Packaging Products Ltd., is leading a clean energy project to create steam from paper mill residual biosolids and, hopefully, to reduce natural gas consumption. The Finnish-born fashion magnate was ordered to pay over $1 million in legal costs racked up by his son's mother in a nasty child support battle. Premier Gordon Campbell's most generous patron in 2003. The 82-year-old real estate mogul received an honorary doctor of architecture degree from Carleton University last November, complementing his four other honorary doctorates. Clare Bronfman has an estimated net worth of $600 million. Get notification with the latest net worth updates for free. In December 2021, The Washington Post reported that Bronfman funded a Cayman Islands trust that is among the investors in Pretium Partners which is behind Progress Residential, a firm that "reaps big profits from stressed American renters amid national affordability crisis. Other transactions such as conversion of derivative security or exercise of options are not included. Making an impact. The meaty merger expands the global company to $6 billion in sales and more than 23,000 employees. . 39. Continuous evaluation, both internally and externally, that further strengthens the foundations impact. Bronfman is closer to that dream than ever. Bronfman's son, Stephen, runs Claridge,. Year 1925. In 2008, married Roche, an architect, in New York City. There will be no preferential seating for the real estate mogul at Canucks hockey games, after all. Gail Regan, Rosemary Phelan and Holiday Phelan-Johnson: $400 million. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. "Montreal is a city with four million people, but the Bronfmans don't get lost in the noise," Moore said. In February, Mull became president and CEO of two companies, CML Healthcare Income Fund and Cipher Pharmaceuticals Inc., when CML Healthcare Inc. split its laboratory testing and medical imaging business from its R&D department. The diamond prospector managed to avoid publicity for two years before the media discovered he had donated $30 million worth of shares in Archon Minerals Ltd. to the Sea to Sky University in Squamish, B.C., Canada's first private secular non-profit university. , transported to Winnipeg where it will become the centrepiece of a fashion museum. Business must be hopping for Katz's private drugstore empire. [1] He hopes the deal gets done, so that he can attend opening day with his 88-year-old father. The family could make their product legally in Canada and then sell it to bootleggers trying to quench American's thirst for liquor during the prohibition era. Joseph and Ted Burnett: $1.08 billion. Meanwhile, dissident cousin Ian (a former Molson deputy chairman) pondered a hostile bid with a rival investor group. The high-profile guests included former B.C. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987. 10. He was majority owner of Major League Baseball's Montreal Expos from the team's formation in 1968 until 1991. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. "[4] The scheme was described as an effort to profit from the 2008 housing crisis by "buy[ing] tens of thousands of foreclosed homes across the U.S. sunbelt and rent[ing] them to heavily-indebted Americans who cant get a mortgage."[5]. Stephen R Bronfman around $4 Million. 4. The family-owned company now has sales of some $450 million a year and continues to expand. Bronfman said he's hopeful but realistic. Stephen Bronfman net worth 2.2 Million Millions of dollars 84% Net worth score Disclamer: Stephen Bronfman net worth displayed here are calculated based on a combination social factors. Only the transactions in Open Market or Private Sale at the market prices are included. Sirois is also behind Microcell and the Fido brand, which Rogers Wireless bought in November. The former president of Moffat Communications and one-time co-owner of the Winnipeg Jets predicted in January that unless NHL players are willing to take a significant pay cut, no mid-size city will ever be able to afford a pro hockey team. Global perspective enables us to identify sectors with potentially better opportunities, make key introductions to new markets, recruit new personnel, and make acquisitions. Now comes the hard work of crunching the numbers to see if the idea makes financial sense, and convincing the city, the province of Quebec and the residents that it's worth the risk. Simple investment structures meet the unique needs of sellers. Under the leadership of Charles and brother Edgar, it controlled billions of dollars in liquor, real estate, oil and gas, and chemical companies. 37. We diversify our active direct investment practice through funds investments leveraging resources in different markets and industries, and invest globally with a select number of third-party managers allocating capital to different strategies and asset classes that offer superior risk-adjusted returns. It's why he's so excited about the Rays deal. He feels there is momentum behind baseball returning to Montreal, whether it be the Rays deal or another one. With satellite radio growing by leaps and bounds in the United States, Slaight's Standard Broadcasting Corp. partnered with CBC/Radio Canada and Sirius Satellite Radio in February to bring the digital service to Canadians and convince the CRTC of its merits. 59. The future of Izzy's plan for a human-rights museum in Winnipeg is on the rocks because the federal government refuses to provide funding. The Bronfman name may not be well known in these parts, but the family has a long and storied history in Canada, dating to when the clan fled the anti-Semitic pogroms in Moldova in 1889. Married 1961. Principal owners of the Washington Nationals franchise, Montreal Alouettes/Concordes principal owners, Partnership for Excellence in Jewish Education. Despite the early victory, the team was awful, losing 20 games in a row and eventually tying for the fewest wins in the league that season. December 6, 2004, The rich 100: 2005 | 2004 | 2003 | 2002 | 2001, The rich list | Fortune & fame | Life in the fast lane | Arts patrons | Newcomers | Silver spoons | The invisibles, 1. of 7,000 shares. The chairman of Pacific Century CyberWorks lost 17% of his wealth on the list, mostly due to a decrease in share price. Lot Size 1.13 acres. Our flexible approach is well-suited to management teams and owners seeking a value-added and long-term partner. Comrie, founder of the Brick Warehouse Corp., has become one of Canada's largest furniture-store magnates. sale . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. [16] Bronfman is also responsible for The Charles Bronfman Prize,[17] honoring individuals for their humanitarian contributions. In June, Paul sold his remaining 38 million shares in Canary Wharf, the grand-scale office and retail development in London that brought the Reichmanns unwanted attention by going into bankruptcy protection in 1992. In this role, we often provide strategic and operational support, relationships, capital to fund growth initiatives, and a more conservative approach to leverage. Last October, a lavish compound set on what is frequently considered to be the best residential street in Santa Monica sold for $29.4 million. One of the founding fathers of the Tim Hortons chain, he now owns a luxury golf resort and a chartered jet company. Workers were still shoveling snow and bolting in the seats as fans arrived, according to television news reports. In April, the CRTC admonished Aliant for selling local phone service in a bundled package in areas of Nova Scotia and P.E.I. Or else I would marry a very rich wife. The Expos came back to defeat the St. Louis Cardinals 8-7. He is the son of Samuel Bronfman and Saidye Rosner Bronfman. SunOpta Inc (STKL)'s detailed insider trading history can be found in Insider Trading Tracker table. We are not only chosen for our capital, but also for the type of partnership and guidance we can offer. A new member to the list, the CEO of Alimentation Couche-Tard started off in the convenience store business as a teenager, stocking shelves at a local depanneur. Buyer Jeremy Bronfman. The "Mega Group" would meet twice a year for two days of seminars related to the topic of philanthropy and Jewishness. (Ryan Remiorz/The Canadian Press via AP), Heres why Tampa Bay Rays attendance during the teams historic winning streak matters | Editorial, J.P. Howell glad to see bad man Pete Fairbanks break his Rays record, Why well know a lot more about the Rays in a month, Its been an incredible run, but now future is uncertain for Lightning, Zach Bogosian steps up, helps to keep Lightning alive in NHL playoffs, 10 numbers that stand out from Rays remarkable first month, White Sox pay tribute to Rays radio broadcaster Dave Wills, Lightning are the unlucky victims as Maple Leafs end playoff drought, Um, Andrei Vasilevskiy would like to have a word about that slump of his, Rays lefty Josh Fleming finds his role as the bulk guy, Amazon partners with Rite Aid for package pickup nationwide. The former eBay president founded Los Angeles-based Participant Productions in January, and he wants to fund four to six socially relevant, commercially viable feature films annually. 0 transactions in SunOpta Inc (STKL) over the past 5 years. Other recent insider transactions involving SunOpta Inc (STKL) include Most of the Bronfman family have left Montreal. "[11], He and Michael Steinhardt co-founded Taglit Birthright, a program which provides a free, educational travel experience to Israel for young Jewish adults. The firm has invested in artist tours by the Rolling Stones, Madonna, and Crosby, Stills, Nash and Young. Scarlett Johansson. A former lieutenant-governor of Ontario with a family heritage in financial services and income trusts, he emerged this year as a fierce critic of fallen newspaper tycoon Conrad Black, a one-time friend. The deal fell through. Comrie earned more than $270 million this year after converting his chain of more than 160 discount outlets into an income trust. We put in place strong boards formed with members that bring experience and sector knowledge to our partners. The CEO of Power Financial Corp. raked in a tidy $170 million when he exercised stock options early in the year. Who's in, who's out, who's hot, who's not. In the early 1900s, much of the revenue at the family's hotels in Emerson, Manitoba and later in Winnipeg flowed from selling liquor. Here is a selection of our success stories. In 1999 he was named a director of Seagram, his family's conglomerate. About 285 guests attended the lavish ceremony. Fipke, who was the first to discover diamonds in Canada's north in 1991, continues to earn an impressive amount from his 10% stake in the Ekati mine, which supplies 6% of the world's diamonds. Andrea and Charles Bronfman Philanthropies Inc. "The World's Billionaires: Charles Bronfman", "The Lunch: Charles Bronfman opens up about Seagram's demise: 'It is a disaster', "At age 90, Charles Bronfman reflects on business career, beloved Expos", "The making of Lunch with Charles Bronfman", "100 American Jewish Leaders Urge Netanyahu to Show Readiness to Make 'Painful Territorial Sacrifices', "Titans of Industry Join Forces To Work for Jewish Philanthropy", "The Andrea and Charles Bronfman Philanthropies", "The Andrea and Charles Bronfman Philanthropies:: Visual Timeline", "Charles Bronfman winds down his philanthropic foundation", "How foreign donors reshaped Israel: A who's who", "Charles Bronfman | The Canadian Encyclopedia", "Seagram co-chairman Charles Bronfman on running a family business", "The Montreal Gazette - Google News Archive Search", "Major League Soccer's Billionaire Owners", "Andrea M. Bronfman, 60, an Internationally Noted Philanthropist, Dies", "Andrea Morrison Bronfman; active in Jewish causes; 60", "THE HONOURABLE CHARLES ROSNER BRONFMAN, P.C., C.C. During her trial in New York Bronfman spoke in an English accent, although she left the UK in her mid-teens to reunite with her father, Edgar Bronfman Sr, who had a net worth of $2.5bn before he . We aim to achieve diversification through investment strategy, sector, geography, fund manager, and vintage year. Pierre Karl and rik Pladeau: $480 million. And a corporate landlord accused of pandemic evictions", https://en.wikipedia.org/w/index.php?title=Stephen_Bronfman&oldid=1142776911, Short description is different from Wikidata, BLP articles lacking sources from February 2019, Articles with topics of unclear notability from January 2020, All articles with topics of unclear notability, Biography articles with topics of unclear notability, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 4 March 2023, at 09:10. Forbes puts Charles Bronfman's net worth at $3.15 billion CAN ($2.5 billion US). Charles Bronfman, (born June 27, 1931) is a Canadian-American businessman and philanthropist and is a member of the Canadian Jewish Bronfman family. Stephen Bronfman net worth is $10 Million Stephen Bronfman Wiki: Salary, Married, Wedding, Spouse, Family . He sold the franchise for $100 million CAD to a consortium of local investors led by Claude Brochu on November 29, 1990. Creating a legacy. In 1976, two New York men accused of kidnapping 21-year-old Samuel Bronfman II were convicted of grand larceny. Since the sale of Novapharm to Israel-based Teva Pharmaceutical Industries Ltd. in 2000, the Hungarian-born mogul has kept a fairly low profile while making multimillion-dollar investments in Viventia Biotech Inc., the cancer research firm he controls with his daughter Andrea Dan-Hytman. Rays to fans: 'We desperately want to stay in Tampa Bay', Rays have cleared one Montreal hurdle, but many remain, Why Rays think their Montreal idea is so 'amazing', Tampa Bay has to decide whether it's a major league market, Stu-realism on display at Rays' museum exhibition. Our portfolio composition is carefully shaped to reflect the optimal mix between economic sectors and geographies. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. Bratty, head of his family's property development company, Remington Group, was a major donor. He will stay on as executive chairman. Financial investments span North America, Europe, and Asia. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987.[1]. sale 14. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Claridge has thrived through many economic cycles. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987. Clare Bronfman was born in Clifton . Bronfman is adding to his family's wealth. Kenneth Thomson and family: $22.03 billion. Privately held commercial real estate firm Iberville Developments Ltd., run by Adams' son Sylvan, sold some of its shopping centres in Cornwall and Montreal to RioCan in May in a deal worth an estimated $100 million. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Some millionaires would like to live forever. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net worth to about $2.9 billion. The family's trials and tribulations have kept them in the news. He doesn't seek the spotlight, but it doesn't scare him either, said Karl Moore, a radio host and associate professor at Montreal's McGill University, who has known Bronfman for about 15 years. Gurus may be added or dropped from the GuruFocus site at any time. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Construction started in July on Matthews' Celtic Manor resort in Wales in time for the 2010 Ryder Cup. The firm employs some 30 investment and administrative professionals. Price $21.5 million Size 6,616 square feet, 5 bedrooms, 6 bathrooms The ongoing pandemic may have thrown a mansion-sized wrench into the U.S. real estate market, but summer's here and there are still billionaires with ample cash reserves for a lavish vacation home. Maple Leaf Foods Inc. gobbled up Schneider Foods in April for $500 million. The estimated net worth of Stephen R Bronfman is at least $44 Million dollars as of 2023-05-02. Both things are fundamentals of living for the soon to be 50-year-old businessman, philanthropist and father of four. We evaluate each potential transaction based on its own merits. The power couple continued to focus on work this year. As executive chairman he has overseen the firm's direct private equity portfolio invest, amongst others,[3] in: Cirque du Soleil, CPI, Dick Clark Productions, TSN, Solotech, The Next Adventure, 49TH Parallel, Champlain Seafood, Circle Foods, NYSE, Tour Telus, Bassins dy Havre, Eagle Creek, Busbud, Cloudify, Facebook, Gigaspaces, Luxury Retreats. A unique mix of entrepreneurial thinking, deep financial expertise and integrity. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. sale Harrison McCain family: $1.48 billion. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. At left is and Pierre Boivin. It has helped propel him through seven years of ups and downs on his quest to bring Major League Baseball back to Montreal. Competitive advantages that provide the ability to withstand material changes in the economic environment. Bronfman was named in the Paradise Papers in 2017. other: See Footnote 1 Engaged Capital Special Situation Fund, Lp On the heels of the success of Bensadoun's flagship Aldo shoe stores in the United States, Europe and Asia, the Montreal-based retailer announced plans to expand its cheaper Transit shoe banner internationally. In 1990, he studied geology at Concordia University. Tom and Caleb Chan, the famously private brothers and philanthropists, with extensive golf course and real estate holdings in the Vancouver-Whistler area, scored a major coup recently when it was announced the Telus Skins Game would be returning to their prestigious Nicklaus North course next year.
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