Geographically, it derives a majority of revenue from the United States. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $634,359. Stephen R Bronfman currently owns a total of 1 The high-profile guests included former B.C. Our governance requirements are similar to those of institutional funds and relate mostly to capital allocation and reporting. Who is Clare Bronfman, the Seagram's heiress who financed Nxivm? Bronfman took the head of the private equity firm Claridge and has served as its CEO since 1997. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. Max Fisher, Michael Steinhardt, Leonard Abramson, Edgar Bronfman Sr., and Laurence Tisch were some of the members. He's Montreal's point man in the unusual proposal to split the Tampa Bay Rays home games between the two cities. Selectively partnering with the best managers worldwide. We evaluate each potential transaction based on its own merits. Premier Gordon Campbell's most generous patron in 2003. Comrie earned more than $270 million this year after converting his chain of more than 160 discount outlets into an income trust. Katz Group Canada Ltd. is planning on spending between $50 million and $100 million a year building and renovating stores. On June 27, Stephen Bronfman, chairman of Claridge SRB Investments Inc. and Charles Bronfman's son, was married at his 15,000 square-foot Westmount mansion under such tight security that even the bride's identity was kept from the media until after the ceremony. The award recognizes refiners with exemplary achievements in areas such as producing clean fuels and dedication to environmental performance. Stephen Bronfman says he followed offshore tax rules as CRA reviews [3], In 1991, Bronfman with billionaire Leslie Wexner formed the "Mega Group",[12] a loosely organized club of some the wealthiest and most influential businessmen who were concerned with Jewish issues. He feels there is momentum behind baseball returning to Montreal, whether it be the Rays deal or another one. Members of the Bronfman Family | List of Bronfman Family Names In February, Mull became president and CEO of two companies, CML Healthcare Income Fund and Cipher Pharmaceuticals Inc., when CML Healthcare Inc. split its laboratory testing and medical imaging business from its R&D department. . Gail Regan, Rosemary Phelan and Holiday Phelan-Johnson: $400 million. ResREIT shares owned by the family and Latner's companies combined brought in about $24 million. Age: 91 Birthplace: Montreal, Canada Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. A unique mix of entrepreneurial thinking, deep financial expertise and integrity. The chairman helped turn Mississauga, Ont.-based Woodbridge Group into a billion-dollar company that develops and produces foam products for the automobile industry. Financial investments span North America, Europe, and Asia. . His older brother, Edgar Bronfman, Sr., was his fellow co-chair of Seagram. He is on a number of boards, including FPI Ltd., of which Clearwater is a major shareholder, owning 14.9%. Media wonder boy Pierre Karl assumed the helm at the printing division of his family's Montreal-based Quebecor Inc. And in a bid to increase its foothold in the English-language television market, Quebecor snapped up the ailing Toronto 1 station from Craig Media Inc. in November. Minto president Roger Greenberg denied any involvement. Rays to fans: 'We desperately want to stay in Tampa Bay', Rays have cleared one Montreal hurdle, but many remain, Why Rays think their Montreal idea is so 'amazing', Tampa Bay has to decide whether it's a major league market, Stu-realism on display at Rays' museum exhibition. 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. Lot Size 1.13 acres. premier Glen Clark, Time Inc. CEO Ann Moore and Michael Korenberg, vice-chairman of the Jim Pattison Group. It was a very good year for the Thomson Corp. In a 2006 article, Forbes magazine put it this way: "If the Bronfmans are Canadian royalty, Stephen Bronfman is the prince you've never heard of.". The youngest son of Hong Kong billionaire Li Ka-Shing, Richard uncharacteristically left the limelight to his older brother, Victor, this year. The CEO of embattled pharma giant Biovail Corp. stepped down in October (he remains chairman) after handing over the reins to industry veteran Doug Squires. In September, it looked like Gaglardi's son, Tom, would be part of a successful $250-million bid for the Vancouver NHL team. Clare Bronfman is a well-known female American philanthropist and the founder of NXIVM, an American marketing firm founded in 1998. ", "Honorary Degree Recipients | Board of Trustees | Brandeis University", "Honorary degree citation - CharlesBronfman", "JTS Commencement Recognized Graduating Class of 2017 with Address from Chancellor Arnold M. Eisen - Jewish Theological Seminary", "City of Montreal honours businessman, philanthropist Charles Bronfman - Montreal | Globalnews.ca", https://en.wikipedia.org/w/index.php?title=Charles_Bronfman&oldid=1149920578, Canadian people of Russian-Jewish descent, American people of Russian-Jewish descent, Naturalized citizens of the United States, Members of the King's Privy Council for Canada, Articles with dead external links from February 2023, Short description is different from Wikidata, Pages using infobox person with multiple parents, Pages using embedded infobox templates with the title parameter, Creative Commons Attribution-ShareAlike License 3.0. After the game, Stephen's father "had to struggle through a back-slapping crowd to reach his car," the Montreal Gazette reported. 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. Canada's Richest People: The Complete Top 100 Ranking - Canadian Business Advertisement . Money poured in. In 2008, married Roche, an architect, in New York City. Shareholders of Cara Operations Ltd., the Phelan family empire founded in 1883, voted in February to allow sisters Gail Regan and Rosemary Phelan, and their niece, Holiday Phelan-Johnson, to take the $1.1-billion company private. The Bronfman name may not be well known in these parts, but the family has a long and storied history in Canada, dating to when the clan fled the anti-Semitic pogroms in Moldova in 1889. Bronfman has said that he wasn't interested in business as a young man. , podcast episodes, Brokers, Bagmen, & Moles podcast episodes, Connections with BCD Travel podcast episodes, Cyber Security & Cloud Podcast podcast episodes, Coinbase Institutional Market Call podcast episodes, South Side Rules: A Shameless Podcast podcast episodes. [14] . The proposed merger between Montreal brewing dynasty Molson Inc. and Colorado-based beer maker Adolph Coors Co. left a bitter aftertaste for some Molson shareholders, prompting some stock analysts to speculate the deal could fizzle out. Rays owner Stuart Sternberg has praised Bronfman, and vice versa. "He's a business success in his own right," he said. He recently inked a deal to produce a US$30-million Beatles show in Las Vegas and is also the proud owner of the $2,605 hot dog he won in an auction for the last wiener sold during the Montreal Expos' final home game. Simple investment structures meet the unique needs of sellers. [2], Bronfman was born into a Jewish family in Montreal. In 1998, Steven Spielberg spoke about his personal religious journey, and later the group discussed Jewish summer camps. Click or tap any entry for further details on their net worth, the companies they control, their overall asset mix and more. S&P 500 Aggregate Buffett-Munger Screener Industry Overview Undervalued Predictable Benjamin Graham Net-Net 52-week/3Y/5Y Lows 52-week/3Y/5Y Highs Magic Formula (Greenblatt) . His personal net worth [he had set aside some personal living money before he handed over the reins to his son] was estimated to be several billion. Construction started in July on Matthews' Celtic Manor resort in Wales in time for the 2010 Ryder Cup. With the October 2003 purchase of U.S.-based Circle K for $1.1 billion, Bouchard now controls North Americas fourth-largest c-store chain, with annual sales of $5.9 billion. Richest People In Canada In 2020: Canadian Billionaires The grandchildren of wealthy patriarchs often give or fritter away the family money, Moore said. The family could make their product legally in Canada and then sell it to bootleggers trying to quench American's thirst for liquor during the prohibition era. The Expos played their first home game on a Monday afternoon in April 1969. Bronfman is one of its principal donors. that could decrease the service price and reduce local competition. Stephen Bronfman net worth is $10 Million Stephen Bronfman Wiki: Salary, Married, Wedding, Spouse, Family . 15. He also spoke out against bank mergers, saying they shouldn't be allowed unless the Canadian market is open to foreign competition. Rogers Wireless made headlines this fall when it purchased Microcell Telecommunications Inc., the parent company of Fido, for $1.4 billion. Robot, a Markham, Ont.-based company that recently introduced the HR6 a walking, talking and dancing humanoid robot that also tells jokes, checks mail and fetches things. We are not only chosen for our capital, but also for the type of partnership and guidance we can offer. It has helped propel him through seven years of ups and downs on his quest to bring Major League Baseball back to Montreal. Many people ask this question about the money Stephen Bronfman makes from Facebook. The Greenbergs made headlines of a different kind last year when a copy of Maher Arar's 1997 lease agreement with the family's Ottawa-based Minto Developments Inc., was allegedly used by the FBI to connect the Syrian-born Canadian with an al-Qaida operative. He doesn't seek the spotlight, but it doesn't scare him either, said Karl Moore, a radio host and associate professor at Montreal's McGill University, who has known Bronfman for about 15 years. A track record of success in building companies across several sectors. During the past 18 months, 2,284,800 shares of SunOpta Inc (STKL) were sold and 71,722 shares were bought by its insiders, resulting in a net Come take a tour of Stephen Bronfman's family farmhouse in the 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. Scarlett Johansson. Year 1925. Meet Stephen Bronfman, the Montreal point man in the deal to share [5], Bronfman and his brother, Edgar, inherited the Seagram spirits empire in 1971 after the death of their father, Sam Bronfman. Stephen Bronfman, 55, rarely speaks publicly about his family's early history and has largely steered clear of the recent controversies. "That paper loss is among the largest sustained by a single family, ever," Fortune magazine. He was majority owner of Major League Baseball's Montreal Expos from the team's formation in 1968 until 1991. He's an anglophone married to a francophone raising four children in both languages. By CB Staff November 9, 2017 The Top 25 The Rich 100 Highest-Paid CEOs This is the complete Canadian Business ranking of the 100 wealthiest individuals and families in Canada. Stephen Bronfman - Wikipedia [16] Bronfman is also responsible for The Charles Bronfman Prize,[17] honoring individuals for their humanitarian contributions. Inside Brookfield's empire, a complicated jigsaw of $500 billion in Only the transactions in Open Market or Private Sale at the market prices are included. In March, Irving Oil Ltd. was the first Canadian company to be named North American Refiner of the Year by Texas-based Hart Energy Publishing, a major energy sector publisher. estimated net worth of Stephen R Bronfman, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, Engaged Capital Special Situation Fund, Lp. Principal owners of the Washington Nationals franchise, Montreal Alouettes/Concordes principal owners, Partnership for Excellence in Jewish Education. About 285 guests attended the lavish ceremony. Ben Bronfman was born in New York, New York, and attended . Stephen and Mitchell Goldhar: $608 million. a net [7] The sale was completed .mw-parser-output .frac{white-space:nowrap}.mw-parser-output .frac .num,.mw-parser-output .frac .den{font-size:80%;line-height:0;vertical-align:super}.mw-parser-output .frac .den{vertical-align:sub}.mw-parser-output .sr-only{border:0;clip:rect(0,0,0,0);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px}6+12 months later on June 14, 1991. Melnyk, who also owns the Ottawa Senators, saw shares in his drug firm plummet amid ongoing investigations by U.S. and Canadian regulators. Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management of a diverse portfolio of investments in private equity, hedge funds, public equities, and real estate. Bronfman and his family came to prominence within Canada as key fundraisers for the Liberal Party of Canada. Humility could be an asset as the two sides sort out how to share a baseball team. 96. Harrison McCain family: $1.48 billion. But Cap. Bronfman is a former co-chairman of the Seagram Company Ltd. On the demise of the company: "It was a disaster, it is a disaster, it will be a disaster," he says. We are also very active in co-investments with our private equity partners. That means weaker demand, greater supply and price declines, or buyer incentives in the future. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. The secretive founder and president of Future Electronics is a major benefactor of Alcor Life Extension Foundation, and it's rumoured he will have his body frozen at death. The elder Bronfman sold his shares in the team in 1991. The family's trials and tribulations have kept them in the news. The Finnish-born fashion magnate was ordered to pay over $1 million in legal costs racked up by his son's mother in a nasty child support battle. The family's publicly traded business, Samuel Manu-Tech Inc., is currently experiencing record quarters. sale Business must be hopping for Katz's private drugstore empire. With this year's season becoming more unsalvageable, cities of all sizes are learning what it feels like. Bronfman has given away or pledged at least $350 million, mostly toward promotion of Canadian culture and the Jewish community's connection to Israel. Get notification with the latest net worth updates for free. He doesn't need to be No. transported to Winnipeg where it will become the centrepiece of a fashion museum.