stephen bronfman net worth

Low-carb diets dealt a blow to Weston's food empire this summer as consumers avoided white-flour bakery products; second-quarter earnings took a 27% dive the biggest in four and a half years. It was at an early meeting of this foundation (originally the CAB Foundation) that he asked the members, "If television can use 30 seconds or 60 seconds to persuade people that Cadillacs or cornflakes are interesting, couldn't we also use that short piece of time to persuade Canadians that their history is interesting? Creating a legacy. The 82-year-old real estate mogul received an honorary doctor of architecture degree from Carleton University last November, complementing his four other honorary doctorates. The founder of software vendor Cognos Inc. owns two vintage planes and a yacht. Stephen R Bronfman is the director of SunOpta Inc. He also spoke out against bank mergers, saying they shouldn't be allowed unless the Canadian market is open to foreign competition. In April, the CRTC admonished Aliant for selling local phone service in a bundled package in areas of Nova Scotia and P.E.I. "I had the best time because I believe in (this project)," he said on talk radio afterward. Subscribe to our free Business by the Bay newsletter. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987.[1]. Year 1925. Based on ownership reports from SEC filings, as the reporting owner, Stephen R Bronfman owns 1 companies in total, including other: See Footnote 1 Engaged Capital Special Situation Fund, Lp The information on this site is in no way guaranteed for completeness, accuracy or in any other way. SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. Stephen Bronfman net worth 2.2 Million Millions of dollars 84% Net worth score Disclamer: Stephen Bronfman net worth displayed here are calculated based on a combination social factors. James (J. K.), Arthur and John (Jack) Irving: $4.99 billion. The soaring price of crude helped push the Calgary financier and oilpatch magnate's personal net worth up more than 50% from last year. Bronfman said he is Canadian in his heart but sought his dual citizenship in order to vote in the United States. Reisman's pride, Indigo Books & Music, is suffering quarterly losses and has decided to focus less on books and more on gifts. Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. [12], Bronfman is chairman of the Andrea and Charles Bronfman Philanthropies Inc.,[14] a family of charitable foundations operating in Israel, the U.S., and Canada. Workers were still shoveling snow and bolting in the seats as fans arrived, according to television news reports. About Us Building together. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Bronfman has said that he wasn't interested in business as a young man. Who's in, who's out, who's hot, who's not. [13] The "Mega Group", went on to inspire a number of philanthropic initiatives such as the Partnership for Excellence in Jewish Education, Birthright Israel, and the upgrading of national Hillel. Stephen's mailing address filed with the SEC is C/O CLARIDGE INC., 1170 PEEL STREET, , , H3B4P2. of a diverse portfolio of investments in private equity, hedge funds, public equities, and real estate. In June, Paul sold his remaining 38 million shares in Canary Wharf, the grand-scale office and retail development in London that brought the Reichmanns unwanted attention by going into bankruptcy protection in 1992. Her Lebanese immigrant father started out as a door-to-door clothing salesman. Majority or significant minority equity investments. The youngest son of Hong Kong billionaire Li Ka-Shing, Richard uncharacteristically left the limelight to his older brother, Victor, this year. (Ryan Remiorz/The Canadian Press via AP), Heres why Tampa Bay Rays attendance during the teams historic winning streak matters | Editorial, J.P. Howell glad to see bad man Pete Fairbanks break his Rays record, Why well know a lot more about the Rays in a month, Its been an incredible run, but now future is uncertain for Lightning, Zach Bogosian steps up, helps to keep Lightning alive in NHL playoffs, 10 numbers that stand out from Rays remarkable first month, White Sox pay tribute to Rays radio broadcaster Dave Wills, Lightning are the unlucky victims as Maple Leafs end playoff drought, Um, Andrei Vasilevskiy would like to have a word about that slump of his, Rays lefty Josh Fleming finds his role as the bulk guy, Amazon partners with Rite Aid for package pickup nationwide. The diamond prospector managed to avoid publicity for two years before the media discovered he had donated $30 million worth of shares in Archon Minerals Ltd. to the Sea to Sky University in Squamish, B.C., Canada's first private secular non-profit university. Pattison and his guests had a scare this September when they were evacuated from his 150-foot luxury yacht after a fire broke out in the engine room. He also had his family's first home in Canada a dilapidated coal shed in Deloraine, Man. and Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. With an estimated net worth of $2.5 billion (as of 2021), Bronfman was ranked by Forbes as the 27th wealthiest Canadian and 1,249th in the world. The first winner was Gift of Life Marrow Registry founder Jay Feinberg. 56. . In 1990, he enrolled in Montreal's Concordia University to study geology, but the business bug was starting to take hold. The deal fell through. With an estimated net worth of $2 billion (as of 2013), Bronfman was ranked by Forbes as the 14th wealthiest Canadian and 736th in the world. Stephen Bronfman's father, Charles, was the Expos first owner, giving the son a close-up view of the team during the early years. He had some early successes and ascended to the top job in 1997. Stock quotes provided by InterActive Data. Bronfman said almost all construction materials and labour were locally-sourced, but imported German windows and doors were necessary to ensure the building's very tight envelope. Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. "Montreal is a city with four million people, but the Bronfmans don't get lost in the noise," Moore said. The information company sold its Thomson Media group to Investcorp for US$350 million and gobbled up at least 10 companies of all types and sizes. 17. The former transportation tycoon and one-time owner of the CFL's Hamilton Tiger-Cats made philanthropic history in December 2003 when he donated $105 million to McMaster University's medical school the largest single cash gift to a Canadian institution. SVP Research Development & QA Bryan P Clark 14. With satellite radio growing by leaps and bounds in the United States, Slaight's Standard Broadcasting Corp. partnered with CBC/Radio Canada and Sirius Satellite Radio in February to bring the digital service to Canadians and convince the CRTC of its merits. The future of Izzy's plan for a human-rights museum in Winnipeg is on the rocks because the federal government refuses to provide funding. On the downside, insolvent Stelco is one of its major customers and suppliers. Other recent insider transactions involving SunOpta Inc (STKL) include Katz Group Canada Ltd. is planning on spending between $50 million and $100 million a year building and renovating stores. Targeted networks and partnerships allow the foundation to build on the best practices that answer needs with concrete solutions and that broaden its reach. Charles Bronfman Net Worth: $2.54 billion ( 1.2% from 2017) Rich 100 rank: #39 Change in rank from 2017: 4 Major company holdings: Vivendi Location: New York & Palm Beach, Fla. Age: 86 Constantly moving ahead to not only do more, but also aspiring to always do better, the foundation is committed to live every day by its motto. 303,475 shares on May 9, 2006, which Minority investments requiring approximately $5 million of equity contribution. He made almost $247 million by selling 33 million fund units he received in the deal. [16] Bronfman is also responsible for The Charles Bronfman Prize,[17] honoring individuals for their humanitarian contributions. , We are differentiated by our entrepreneurial family business mindset, flexible investment approach, global relationships, value creation capabilities, strong integrity, use of reasonable leverage, and long-term investment horizon. Tom Ford. In 2006, Stephen's father's second wife died after a car hit her in New York City. The high-profile guests included former B.C. The Burnett brothers continued to grow their fortunes through Burnac Corp., a privately held conglomerate that includes a wholesale fruit and vegetable business, a retail food chain, one of North America's largest hydroponics vegetable-growing operations and several real estate investments. It's why he's so excited about the Rays deal. Clare Bronfman has an estimated net worth of $600 million. In November, the family mourned the death of matriarch Marjorie Leon, who was credited with introducing computers to the 96-year-old furniture and appliance conglomerate. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $634,359. [5], Bronfman and his brother, Edgar, inherited the Seagram spirits empire in 1971 after the death of their father, Sam Bronfman. A unique mix of entrepreneurial thinking, deep financial expertise and integrity. The Libfelds, who operate Toronto's largest house and condo developers, might want to keep an eye on the condo market. Gurus may be added or dropped from the GuruFocus site at any time. The company reported a 2.5% increase in annual net sales and also announced plans to open a $43.3-million french fry processing facility in northeast China. This broad experience allows us to guide management teams through challenging decisions. Selectively partnering with the best managers worldwide. sale Claridge has been involved with some well-known brands including Cirque du Soleil, Dick Clark Productions, gluten-free food maker Glutino and SunOpta, the organic food company. When asked by a reporter what he would do if he suddenly lost all of his money, the star pension fund manager and corporate governance rabble-rouser replied: I would start another company like my own and look for even better guys to work with than I've had.

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