Chip Wilson (left) and wife Shannon Wilson

Canada’s 100 Richest People for 2014

Canadian Business magazine's rankings list three British Columbians in its Top 25, including Chip Wilson and Jim Pattison.

Canadian Business has released its list of the 100 richest Canadians, led by the Thomson Family (Thomson-Reuters) and Galen Watson (who owns Loblaws) and three British Columbians in the Top 25: the Lalji Family, Chip Wilson, and Jim Pattison.

The Lalji Family, which owns Larco Investments Ltd., clocked in with $2.56 billion. Lululemon founder Chip Wilson – who has come under fire recently for his mouth, not his pockets – is B.C.’s second-richest man with a value of $3.73 billion. And James Pattison, an individual owner of several groups and companies, ranked first in the province, worth $7.39 billion.

Pattison’s holdings include Overwaitea supermarkets, Ocean Brands seafood, and the Jim Pattison Broadcast Group.

The magazine said Canada’s super rich only got super richer, increasing their worth on average by 15 per cent.

“Collectively, the individuals on the Rich 100 are worth $230 billion, more than the total gross domestic product of many countries in the world, including New Zealand, Ireland and Portugal,” wrote CB‘s staff. “And this year has been one of their best ever. Their combined net worth surged by more than 15 per cent, the biggest increase since 2000.”

Since Canadian Business started its rankings in 1999, the wealth of the 100th richest person in Canada has risen from $309.6 million to $728 million.

Not everyone leaves 2013 unscathed, however, as mining magnates tumbled.

“Anyone tied to mining, which is undergoing a global rout, suffered badly, however,” reports the magazine. “Gold bug Eric Sprott was dealt a huge blow, falling 17 per cent (more than $200 million). Silver-tongued mining promoter Robert Friedland dropped 14 per cent ($42 million). Rob McEwen’s mining company is struggling so badly he tumbled off the Rich List entirely.”

Also in B.C.’s top five are Burnaby’s Brandt C. Louie (owner of H.Y. Louie Co.) and Vancouver’s Bob Gaglardi (Northland Properties).

As for the richest of the richest, the Toronto-based Rogers Family weighed in with $7.6 billion, built off their Rogers Communications empire. Galen Weston (whose domains include Loblaws supermarkets and Holt Renfrew) is worth $10.4 billion.

The Thomson Family placed first in Canada – by a large distance – with $26.1 billion.

Just Posted

Delta mosque part of open-house effort launched in wake of New Zealand shootings

The ‘Visit a Mosque’ campaign aims to combat Islamophobia

White Rock dog poop conspiracy picks up steam

Opponent says theory is a ‘load of crap’

Surrey MLA slams NDP poverty reduction strategy plan

Liberal MLA Marvin Hunt says the NDP’s poverty reduction plan is ‘underwhelming’

Father thanks Surrey Mountie for shooting hoops with kids, ‘changing perspectives’

‘We’re just like everyone else,’ says Surrey officer who stopped to play basketball with kids

Surrey Memorial is first in B.C. with POEM machine used for endoscopic treatment

Surgeon says equipment is ‘next-level, futuristic-type’

Five highlights in the 2019 federal budget

Latest budget includes a sprinkling of money for voters across a wide spectrum

Facebook to overhaul ad targeting to prevent discrimination

The company is also paying about $5 million to cover plaintiffs’ legal fees and other costs

Teacher reprimanded after incident with Grade 11 student in school gym

Gregory Norman Brock was teaching at a high school in the Maple Ridge-Pitt Meadows School District

Explosives unit brought in after suspicious boxes left at B.C. RCMP detachment

Nanaimo RCMP issues all clear after packages were found on lawn earlier in the day

Avalanche control tomorrow on Highway 1

Expect closures of up to two hours east of Revelstoke

Newfoundland man caught after posting photo of himself drinking and driving

The 19-year-old took a photo of himself holding a beer bottle and cigarette while at the wheel

2019 BUDGET: As deficit grows, feds spend on job retraining, home incentives

Stronger economy last year delivered unexpected revenue bump of an extra $27.8 billion over six years

Carfentanil found in 15% of overdose deaths in January: B.C. coroner

Carfentanil is 100 times more powerful than illicit fentanyl and used to tranquilize elephants

Kids found playing darts with syringes in Vancouver Island park

Saanich police is urging people to throw out their syringes properly and safely

Most Read

l -->