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

Metamorphosis returns to White Rock’s Memorial Park

Joan Miriam Adams’ sculpture more prominently displayed on waterfront

Senator speaks to South Surrey students

Yonah Martin visited Earl Marriott Secondary on Jan. 16

VIDEO: Three-peat for Semiahmoo at basketball’s Surrey RCMP Classic

South Surrey-based squad tops Lord Tweedsmuir in final at Enver Creek gym

Tardi earns first victory in quest for third national title

A Langley-based junior curling team is in Prince Albert, Sask. for the Canadian championships.

VIDEO: Surrey-based business wants customers to ‘Eat the Dishes’

New business plans to be one of the ongoing vendors at KPU’s new winter market

VIDEO: Students in MAGA hats mock Native American at Indigenous Peoples March

Diocese in Kentucky says it is investigating the matter, caught on video by onlookers

VIDEO: Koch’s OT winner sends Giants to sixth straight victory

Three games, three cities, three victories for Lower Mainland-based G-Men’s major junior hockey team.

Want to avoid the speculation tax on your vacant home? Rent it out, Horgan says

Premier John Horgan and Sheila Malcolmson say speculation and vacancy tax addresses homelessness

CONSUMER REPORT: What to buy each month in 2019 to save money

Resolve to buy all of the things you want and need, but pay less money for them

UPDATE: B.C. woman and boy, 6, found safe, RCMP confirm

Roseanne Supernault says both she and her six-year-old nephew are fine and she has contacted police

PHOTOS: Women’s Marches take to the streets across B.C. and beyond

Women and allies marched worldwide protesting violence against women, calling for equality

VIDEO: Giants wrap southern swing with 6-4 win in Spokane

The Lower Mainland-based hockey team defeated the Chiefs Friday night.

Anxiety in Alaska as endless aftershocks rattle residents

Seismologists expect the temblors to continue for months, although the frequency has lessened

Women’s March returns across the U.S. amid shutdown and controversy

The original march in 2017, the day after President Donald Trump’s inauguration, drew hundreds of thousands of people

Most Read

l -->