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$700 million
- Edmonton Oilers owner Daryl Katz has amassed $700 million in the past year, moving up to the 2024 ranking of billionaires by Forbes.
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Jan 19, 2024 · The Oilers have gone from the lowest revenue team 20 years ago to the top money maker in the National Hockey League, reports Forbes magazine, generating US$281 million in 2022-23 (tied with...
- David Staples, Edmonton Journal
Revenues and operating income are for the 2022-23 season, including postseason and applicable non-NHL arena revenue (excluding the Seattle Kraken expansion fee) and are net of revenue sharing and...
- Ghermezian Brothers – $650 Million
- Brad Shaw (The Shaw Family) – $1.2 Billion
- David Werklund – $1.43 Billion
- Jim Riddell (The Riddell Family) – $1.62 Billion
- N. Murray Edwards – $2.18 Billion
- Estate of Ronald Southern – $2.3 Billion CAD
- Fred & Ron Mannix – $3.3 Billion
- Daryl Katz – $4.36 Billion
According to BNN Bloomberg, the Ghermezian Family has a net worth of about $650 million. They used to be worth about $2.43 billion but, do to hardshipscaused by COVID-19 on their portfolio of real estate properties, their net worth has plummeted to $650 million. The Ghermezian Family consists of four Iranian Jewish brothers (Eskandar, Nader, Raphae...
Shaw Communications was originally founded as Capital Cable Television Company by J.R. Shaw in 1966. The company deals with the provision of cable telecommunications and satellite video services and J.R. successfully grew the company to approximately $10,000 employees and over $4 billion in salesas of 2020. J.R. Shaw recently passed away in March 2...
Before he turned into an oil tycoon, David Werklund grew up on a farm and worked as a product manager for an oil company. This introduced him to the business and he founded his first company in 1979 called Concord Well Servicing in 1979. Over the years, this company grewfrom a one-rig operation to the third-largest well service company in Canada. O...
Clay Riddell, who died in 2018, had humble beginnings as the son of a mailman before forging his oil empire. In 1974, he started Paramount Resources which eventually turned into one of the nation’s biggest oil drillers. Over the years, he spun out ten different companies from Paramount and still holds stakes in almost all of them. He kept his fortu...
N. Murray Edwards is a great example of a truly self-madesuccess story. Edwards’ grandparents were immigrants who made a living as a farmer and blacksmith. His parents then made a living as an accountant and a teacher. Edwards himself spent his summers working as a hockey referee and as part of a garbage crew to try and earn some cash. A modest upb...
Ronald Southern, who died in 2016, was one of the most established businessmen in Canada and was known for remaining loyal to his roots, no matter how rich and successful he got. According to Canadian Business, Ron Southern’s family has a net worth of approximately $2.3 billion. Ronald first got started in business by starting a company that leased...
The Mannix Family has an extensive history of shaping the business landscape in Canada. They first got their start in 1898 when their great grandfather purchaseda team of horses and won a contract to work on the Canadian Pacific Railway. Since then, the family has been involved in many major construction projects such as the St. Lawrence Seaway, th...
Daryl Katzis the son of a pharmacist and attended the University of Alberta before entering the pharmacy business himself. He made his fortune by buying the Canadian rights the U.S. franchise, the Medicine Shoppe in 1991. He spent 1991-2016 expanding this business into a conglomerate called the Katz Group Of Companies which has businesses in pharma...
In May 2007, Katz made a $145-million bid to buy the Edmonton Oilers franchise, which the owners of the team, the Edmonton Investors Group (EIG), quickly rejected, stating the team was not for sale. [6] In July 2007, he made another bid for the Oilers of $185-million, which EIG turned down on August 7, 2007. [7]
Feb 5, 2008 · The 34-member Edmonton Investors Group agreed Tuesday to sell 100 per cent of its shares to local pharmacy billionaire Daryl Katz in a C$200-million deal.
In 1991, in a partnership with his father Barry Katz, Daryl Katz paid $300,000 for the Canadian rights to the U.S.-based Medicine Shoppe drugstore franchise, which had over 1,000 stores in the USA. [3] His father was a pharmacist who founded the Value Drug Mart chain in Edmonton in 1978. [4]
