Lists & Rankings

Top 10 richest people in Toronto

Toronto's wealthiest family is worth $20 billion. Come find out who it is.

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UPDATED for 2018!: Canada’s Richest People — The Top 25 BMO

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Top 10 richest people in Toronto
10. Gerry Schwartz & Heather Reisman
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10. Gerry Schwartz (71) and Heather Reisman (64)
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Worth: $1.69B, +4.1%

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Overall rank: 39

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Toronto, Onex Corp., Indigo Books & Music Ltd.

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In less than two years, Reisman’s Indigo Books & Music turned an initial $31.6 million investment to start e-reader and e-book retailer Kobo into $165 million when it sold the startup to Japanese e-commerce giant Rakutan for $315 million late last year.

10. Gerry Schwartz & Heather Reisman

10. Gerry Schwartz (71) and Heather Reisman (64)


Worth: $1.69B, +4.1%


Overall rank: 39


Toronto, Onex Corp., Indigo Books & Music Ltd.


In less than two years, Reisman’s Indigo Books & Music turned an initial $31.6 million investment to start e-reader and e-book retailer Kobo into $165 million when it sold the startup to Japanese e-commerce giant Rakutan for $315 million late last year.

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