Rogers Media uses cookies for personalization, to customize its online advertisements, and for other purposes. Learn more or change your cookie preferences. Rogers Media supports the Digital Advertising Alliance principles. By continuing to use our service, you agree to our use of cookies.
We use cookies (why?) You can change cookie preferences. Continued site use signifies consent.
Rich 100 rank: #73
Change in rank from 2017: ▼17
Major company holdings: Shaw Communications
Location: Calgary Age: 83
For investors, seeing insiders buy stock is usually a good sign, and so it is at Shaw Communications, whose 83-year-old founder, JR Shaw, handed over $5.27 million in 2016 to increase his stake in the company to 4.1%. A few months earlier, the family business (son Brad is CEO) announced a deal to unload its media division—mostly broadcast assets picked up from Canwest Global Communications in 2010—to Corus Entertainment for $2.65 billion in cash and shares. (JR Shaw is also a major Corus shareholder.) Increasingly, it is wireless that is furnishing the earnings at Shaw Communications, though Shaw still represents an estimated 20% of the Canadian cable television market. In the role of executive chairman of Shaw Communications, JR Shaw is one of the most generously compensated executives in Canada, earning $13.2 million in fiscal 2015.
Canada’s Best Jobs 2017: The Top 25 Jobs in Canada
Canada’s Best MBA Programs: The Top 10 by Reputation
The PROFIT 500: Canada’s Fastest-Growing Companies 2017
