St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. Learn more or change your cookie preferences. 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: #95
Change in rank from 2017: ▼6
Major company holdings: Leon’s Furniture
Location: Toronto
Three of the five members of the executive team at Leon’s bear the family name—a sign that the sprawling clan still retains tight control over the business. The Canadian furniture brand was founded in 1909 by Ablan and Lena Leon, who emigrated from Lebanon in the early 1900s. The Leons went on to have 11 children and 63 grandchildren, with many of the clan’s members going to work in the family business.
In 2015, Edward Leon was promoted to president and COO, joining family member Terrence, CEO, at the top of the firm. The same restructuring appointed separate executives responsible for each of the Leon’s stores and the Brick, which the company acquired in 2013, freeing the family to focus on further growing their empire.
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
