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In September 2020, at 91 years old, Pattison exhibited an ongoing engagement in his business career and was actively pursuing new investment opportunities. At that time, a news item stated that "Jim Pattison Group Inc. had $10.9 billion in revenue and employed 48,000 people". [21] Philanthropy.
5 days ago · Pattison's first business was a GM dealership he bought in 1961. The Canadian billionaire also controls more than 50% of publicly-traded forest products company Canfor.
- Founder, Chairman And CEO
Dec 13, 2021 · At 93, with no sign of slowing down, Jim Pattison still heads into his downtown Vancouver office seven days a week. From there, he presides over a diverse international business empire that grew from humble beginnings in 1961 to post $12.7 billion in revenue last fiscal year—a 16.5-percent jump over 2019. Canada Wide Media chair and CEO Peter ...
- Early Life and Education
- Car Leasing
- The Jim Pattison Group
- Ripley Entertainment Inc.
- Expo 86 and 2010 Vancouver Olympics
- Philanthropy
- Personal Life
- Select Honours and Awards
Pattison was born in Saskatchewan in 1928, the year before the Great Depression. With Canada’s unemployment rate eclipsing 32 per cent, Pattison’s parents moved to Vancouver’s east side in 1931. Growing up in the attic of a cramped rooming house, he learned from an early age to look for ways to get ahead. Pattison had his first job by the age nine,...
Pattison left UBC before graduating to work at the Bowell McLean car dealership. In 1961, at the age of 33, Pattison left the dealership to purchase a GM dealership that sold Pontiac and Buick brand vehicles. With the help of a loan from a local Royal Bank, which was eight times higher than the lending limit for that branch, Pattison would help pio...
In 1967, Pattison began to expand his business ventures by buying 20 per cent of the shares of Neon Products, a leader in outdoor advertising. With a 20 per cent ownership stake, Pattison executed a hostile takeover of the company. The company went on to own and operate airlines, hockey franchises, department storesand consumer products such as Ora...
The Jim Pattison Group’s most notable acquisition was made in 1985 when the company purchased the Ripley’s Believe It or Not! franchise. Under The Pattison Group’s management, Ripley Entertainment Inc. has grown to include Guinness World Records, Great Wolf Lodge and multiple aquariums. By 2016, the entertainment division of The Jim Pattison Group ...
Pattison served as the president and chairman of Expo 86, held in Vancouver in 1986. Pattison worked full-time without pay for over a five and a half-year period. For his efforts, Pattison was named an Officer of the Order of Canada on 29 December 1986, and in 1990 he was a recipient of the Order of British Columbia. Pattison was instrumental in he...
Pattison has been known to give 10 per cent of his income to charity every year, including once placing a $1 million cheque in a church collection plate. In 2017, Pattison made the largest private citizen donation to a single medical facility in Canadian history. The $75 million donation was used to establish the Jim Pattison Medical Centre in Vanc...
Pattison is married to his childhood sweetheart, Mary Hudson. The couple has three children, two daughters and one son. The Pattisons own a residence in Palm Springs, California, that once belonged to Frank Sinatra, from whom they purchased the property in 1984. In 1990, Pattison’s 30-year-old daughter, Cynthia Kilburn, was kidnapped and held ranso...
Officer, Order of Canada(1986)Member, Order of British Columbia(1990)Commemorative Medal for the 125thAnniversary of Canadian Confederation (1992)Inductee, Canadian Business Hall of Fame (1996)May 30, 2023 · Jim Pattison is a self-made Canadian business magnate, investor, and philanthropist who is worth an estimated $9.7 billion US dollars. He is one of the most successful businessmen in Canada, with a diverse portfolio of companies spanning a range of industries.
The Jim Pattison Group was created on May 8, 1961, when Pattison purchased a General Motors automobile dealership by borrowing $40,000 from the Royal Bank of Canada, and placing his home and life insurance policy with the bank as collateral.
Aug 3, 2021 · At 92 Jim Pattison is a billionaire many times over, and still helms — as chief executive and chairman — the company he founded in 1961: the Jim Pattison Group. It would be difficult to find a Canadian entrepreneur with more diverse business holdings.
