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

South Surrey burn survivor shares ‘worst’ experience

Manpreet Braich suffered second- and third-degree burns in 2013

Out with a roar: Dinosaurs take over forest at Surrey school on last week of class

Six colourful creatures painted by Grade 3 students led youngsters on an expedition in the outdoor classroom

Five Surrey players to hit ice at Brick Invitational hockey tournament

Prestigious atom-level event runs July 1-7 in Edmonton

‘The Last Straw’: Cloverdale-Langley City MP wants zero plastic waste by 2030

John Aldag tabled report on plastic pollution in the House of Commons last week

VIDEO: Clip of driver speeding past B.C. school bus alarms MLA

Laurie Throness of Chilliwack-Kent says he will lobby for better safety measures

Man charged in crash that killed B.C. pregnant woman

Frank Tessman charged for 2018 Highway 1 accident where Kelowna elementary school teacher died

Province unveils 10-year plan to boost mental health, addiction recovery services

The plan, called A Pathway to Hope, focuses on early-intervention services that are seeing high demand

Man arrested for alleged indecent act after ‘predatory’ SkyTrain incident

A woman had reported the man had exposed himself while on the train on April 29

Two helicopters reportedly seized by RCMP near U.S. border south of Cultus Lake

Federal Mounties mum on raid two weeks after dramatic raid reported by Columbia Valley residents

Man shot dead in Vancouver’s fifth homicide of 2019

Body was found in an apartment near Main Street and East 35 Avenue

Abbotsford council declines to declare climate emergency

Mayor says city is working to reduce emissions, but that procedures preclude immediate action

Rock slide in B.C. river may hinder salmon passage

DFO says it is aware that the slide occurred in a narrow portion of the Fraser River

Most Read

l -->