The rich people living in Canada have seen an increase in their income just like other countries in the world during the COVID-19 pandemic. These billionaires have contributed directly or indirectly to the country’s economy by providing jobs despite increased inequality during a pandemic. They have contributed a major part to the Canadian economy through their business operations. Media personalities, Merchants, Entrepreneurs, Ecommerce, CEOs, Venture Capitalists, and others are in the top 15 list of richest Canadian Individuals. There are two kinds of billionaires, one who has inherited brands from family and others are self-made billionaires. Trading Economies data suggest that in 2021 the rate of unemployment in Canada has increased to 0.6%. The billionaire in Canada has gained more resources even during the pandemic when the Canadian economy was declining, and the rate of unemployment was increasing. Forbes data indicates that the highest growth has been achieved by Thomson Family with an increase of $8.8 billion. We have gathered a list of Top 10 Rich Canadians in this article.
Daryl Katz owns $3.6 billion and he is owner of a professional hockey team Edmonton Oilers is Daryl Katz. Katz initiated a partnership with his father in 1991 and contributed $300,000 for the Canadian rights to medicine Shoppe. Medicine Shoppe was a US-based franchise of a drug store that has more than 1000 branches in the US. Katz groups of companies were also established by him which was a pharmaceutical group. The Katz Group also opened 80 Rexall stores, retailers, and 30 Medicine Shoppe branches after some years. He also purchased Snyders Drugstore chain and expanded his business in the US market. He also owned Edmonton Oilers in 2008 and made his city the origin of the NHL team. Silver Pictures Entertainment which is an organization that finance and produces movies and television was also owned by Daryl Katz. Another rich Canadian is Alain Bouchard with net worth of $4.1 billlion. Couche-Tard which is a convenience store chain is owned by him. He opened his first store in 1980. The firm developed and expanded the business from one store to a chain of leading stores under Alain Bouchard management. Now in Canada, it is one of the top convenience store networks. He also expanded his business internationally. A large number of stores operated in the US are the convenience conglomerate stores by the firm. Alain Bouchard has retired in 2014 as a CEO and many achievements have been made by Couche-Tard in few years. Currently, there are more than 15000 stores of Couche-Tard conglomerate with employees over 125,000 around the world. The current market capitalization of Couche-Tard is $34.3 billion. You can read about other rich Canadians in this article 15 Richest People In Canada.