Overview
Welcome to the 13th Annual Rich 100, a celebration of the best and brightest in Canadian business. For 2011, the list is both a barometer of how our wealthy and affluent are not immune to world economic chaos, and a testimony to the reality that Canada is still much better off than many parts of the industrialized world.
Once again, the Thomson clan remains our richest family, but the year hasn't been kind—the family fortune has dropped 8% or about $2 billion. Don’t feel too bad for them however; their net worth is over $20 billion. Times have also been tough for Edward Sampson of recently troubled Niko Resources. He exited the Rich 100 entirely after his personal wealth declined by 38%.
We chronicle the faces and names of the top 20 richest people and families in photo galleries as well as the top wealth gainers and losers.
Huge family fortunes demand huge financial decisions. Jeff Beer opens the door a crack on the companies and people who help the rich stay rich in "Your Own Private CFO."
Is the number of billionaires a country produces an indicator of the well-being of the nation? You be the judge after you see our interactive map which pinpoints the world’s billionaires by location.
Two stories detail how the wealthy continue to face challenges in their own business ventures. The Westons’ Loblaws empire is enhancing its already successful President’s Choice label by adding an upscale brand for the foodie demographic. In a completely different area, Andreas Apostolopoulos (No. 79) is trying to breathe life into the famed Silverdome by bringing soccer to a football town.
While we can applaud and commiserate with the ups and downs of the world’s super-affluent, we're not embarrassed to admit to being fascinated by how they live. Jacqueline Nelson’s "Really Conspicuous Consumption" explores our obsession.
Research for the 2011 Rich 100 was by Phil Froats, Jacqueline Nelson and Angelina Chapin.
Click here to see our complete methodology.
We invite you to share our list on Twitter, Facebook, Digg, Del.icio.us, Stumble Upon, Newsvine and other social media sites.
To see the 2010 Rich List, click here.