Shalom Life | September 23, 2014

6 Canadian Jews on Forbes' Rich List

Forbes' list climbes to 1,210 billionaires, 6 of which are Canadian Jews and 16 Israelis.

By: Stephen Arbib

Published: March 13th, 2011 in Business » World

6 Canadian Jews on Forbes' Rich List

While this past year has been difficult finanically for many, it has also been very good for others. According to the 2011 Forbes Billionaires' List, the number of billionaires worldwide has increased this year.

The total number of people on the list climbed to 1,210 billionaires, with a combined wealth of $4.5 trillion, up $900 million from last year.

The top Canadian Jew on the list is Jeffrey Skoll, No. 347 spot, Ebay's first employee and president who has a net worth of $3.2 billion. After cashing out from Ebay, Skoll has been focusing on social change by making films such as An Inconvenient Truth and Waiting for Superman, through his company, Participant Media.

Next on the list is David Azrieli, No. 362, with a net worth of $3.1 billion. Born in Makow, Poland, Azrieli fled Europe during World War II for what was then Palestine. After studying architecture at the Technion, he moved to Montreal where he began real estate career which eventually led to his founding of Canpro Investments. Azrieli has built a number of very well known Israeli commercial centeres, one of which is the Azrieli Center in Tel Aviv, the largest real estate project in Israel and the Middle East. In June 2010 he completed the largest private IPO in Israel's history, selling 25% of shares for $700 million.

Third on the list is Barry Sherman at No. 393 with a net worth of $2.9 billion. Sherman is the founder of Apotex, the generic drug maker, whose sales today exceed $1 billion annually.

Forth on the list is Charles Bronfman at No. 595 with a net worth of $2 billion. Charles, along with his brother, Edgar Sr., inherited the Seagram spirits empire which was founded by their father, and sold to Vivendi in 2000. Bronfman helped found Birthright Israel which sends to Israel Jewish youths from North America who have never been there.

Tied with Bronfman is Daryl Katz at No. 595 with equal net worth of $2 billion. Katz made his fortune by buying distressed pharmacies and eventually creating Rexall, one of the biggest chains of pharmacies with 1,925 locations. Katz also owns and operated Canada's only mail order pharmacy business, Meditrust Pharmacy Inc. Katz bought the Edmonton Oilers in 2008 for $200 million.

Last on the list is Gerald Schwartz at No. 1140 with a net worth of $1 billion. Born in Winnipeg, Manitoba, Schwartz co-founded CanWest Global Communication Inc. in 1977, followed by Onex Corporation in 1983. Schwartz married Heather Reisman, Chief Executive of Indigo Books and Music, and together they founded the Schwartz/Reisman Centre.

And while no Canadian Jews made the top 100 on the list, there are several Jews who did.

The highest Jewish person on the list is Larry Ellison of Oracle at No. 5 with a net worth of $39.5 billion.

New York Mayor Michael Bloomberg was next at No. 17 with $16 billion, followed by Google co-founders Sergey Brin and Larry Page, who were tied for 24th with $17.5 billion each.

Soros landed at 35th with $14 billion. Mark Zuckerberg, founder and CEO of Facebook earned the 52nd spot with a net worth of $13.5 billion. Brazilian banking investment mogul Joseph Safra at 6th with $10 billion and casino mogul Sheldon Adelson at 73rd with $9.3 billion.

Another Facebook employee, Dustin Moskovitz, made his debut on the list as the youngest billionaire at No. 420 with a net worth of $2.7 billion. He is 26 years old.

Out of 1,210 billionaires, 16 are Israeli with Checkpoint Chairman and CEO Gil Shwed leading the pack at No. 41 with a net worth of $1.6 billion.

Intel to Make $6 Billion Investment in Israeli Tech Intel to Make $6 Billion Investment in Israeli Tech TrendingIsrael's Largest Craft Beer Producer Tastes Global Success Israel's Largest Craft Beer Producer Tastes Global Success TrendingLooking for a Job? Join Mossad! Looking for a Job? Join Mossad! Trending
 

EXCLUSIVE: Interview With Reggae and Hip Hop Musician, Matisyahu

September 23, 2014 | By Anthony Marcusa
EXCLUSIVE: Interview With Reggae and Hip Hop Musician, Matisyahu

Matisyahu discusses his new album 'Akeda', the changes in his personal life, and his current (and ongoing) world tour.

Read More

JFL42: Lena Dunham Charms, Empowers, Engages, and Eats Ketchup Chips

September 23, 2014 | By Anthony Marcusa
JFL42: Lena Dunham Charms, Empowers, Engages, and Eats Ketchup Chips

The 'Girls' creator joined Jian Ghomeshi on stage Saturday night for a chat and reading from her debut book 'Not That Kind of Girl.'

Read More

Porn Star James Deen to Participate in L.A AIDS Walk

September 23, 2014 | By Ashley Baylen
Porn Star James Deen to Participate in L.A AIDS Walk

Deen to Walk with Adult Entertainment Performer Advocacy Group in Support of Annual AIDS Benefit!

Read More

Bob Dylan is MusiCares Person of the Year

September 23, 2014 | By Ashley Baylen
Bob Dylan is MusiCares Person of the Year

The folk rocker will be honored at an event in February.

Read More

Chelsea Handler Announces Netflix Premiere Date

September 23, 2014 | By Ashley Baylen
Chelsea Handler Announces Netflix Premiere Date

'Chelsea Handler: Uganda Be Kidding Me' will premiere on Friday, October 10th.

Read More

Lena Dunham to Produce HBO Doc on LGBT Suitmaker

September 23, 2014 | By Ashley Baylen
Lena Dunham to Produce HBO Doc on LGBT Suitmaker

'Three Suits' will spotlight New York's bespoke-tailoring company Bindle & Keep

Read More

Shalom, Calgary: A Jewish Culture Guide

September 23, 2014 | By Sara Torvik
Shalom, Calgary: A Jewish Culture Guide

The Jewish community in Calgary may be rather modest in size, but the history is rich and is still kept alive today by people who are very much proud of their history and culture.

Read More

How Did Leonard Cohen Celebrate His 80th Birthday? He Started Smoking

September 23, 2014 | By Daniel Koren
How Did Leonard Cohen Celebrate His 80th Birthday? He Started Smoking

"It's the right age to recommence," says Cohen

Read More

More Headlines