18: Daryl Katz
Net Worth: $4.05 billion
Change from 2016 Ranking: ▼2.2%
Major company holdings: Katz Group, Edmonton Oilers
This has been a significant year for Daryl Katz. In March, his Katz Group of Cos. sold the 470-outlet Rexall chain (which he inherited from his father and built into one of the country’s largest drugstore networks) to San Francisco–based McKesson Corp. for $3 billion. Then in September, Katz opened the doors to Rogers Place, the new home rink for his Edmonton Oilers NHL team and anchor of the city’s downtown revitalization project, known as the Ice District. The Katz Group’s property arm is a partner in the 25-acre development with WAM Development Group.