Top 25 Richest
Canadian Business magazine’s Rich 100 list is now in its fifteenth year, but those on our roster have been getting wealthy for much longer. Because these people have been at it for decades, they keep getting fabulously, obscenely, gloriously richer.
Collectively, the individuals on the Rich 100 are worth $230 billion, more than the total gross domestic product of many countries in the world. And this year has been one of their best ever. Their combined net worth surged by more than 15%, the biggest increase since 2000. The reward for the wealthy is partly a result of a worldwide market rally—the S&P 500 Index rose more than 16%, while the Nasdaq increased 17%. While the actual economies of Canada and the U.S. aren’t faring particularly well, so long as the U.S. Federal Reserve maintains its stimulus program, stock markets will tick higher.
What follows are the top 25 wealthiest Canadians from our 2013 Rich 100 list. For the full list of Canada’s 100 richest people, pick up the latest issue of Canadian Business, on stands now.