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

White Rock RCMP seeking information about Aug. 16 assault

Man in 60s was injured around same time Paul Prestbakmo was stabbed to death

New recovery house rules, increased funding aim to prevent overdose tragedy

Changes ‘speak to issues’ highlighted by death of South Surrey’s Zachary Plett

Police hope to speak with witnesses from fatal 2017 stabbing in Surrey

Wally Rogers was stabbed outside his home near 88th Avenue and 144th Street on July 8, 2017

Surrey RCMP say municipal force approval a ‘challenging time’ for detachment

Province green lit the plan, joint committee for transition to be established

Police watchdog seeking witnesses in officer-involved Surrey shooting

This is the fourth incident within a one-week period that IIO is investigating

B.C. sockeye returns drop as official calls 2019 ‘extremely challenging’

Federal government says officials are seeing the same thing off Alaska and Washington state

Expanded support to help B.C. youth from care attend university still falling short

Inadequate support, limited awareness and eligibility restrictions some of the existing challenges

Ethnic media aim to help maintain boost in voting by new Canadians

Statistics Canada says new Canadians made up about one-fifth of the voting population in 2016

Cross-examination begins for B.C. dad accused of killing young daughters

Andrew Berry is charged in the deaths of six-year-old Chloe and four-year-old Aubrey in 2017

Dog attacked by river otters, Penticton owner says

Marie Fletcher says her dog was pulled underwater by four river otters in the Penticton Channel

BC SPCA overwhelmed with cats, kittens needing homes

Large number of cruelty investigations, plus normal ‘kitten season’ to blame

Memorial to deceased teen stays in place through Labour Day

Hundreds of tributes have been left at the Walnut Grove skate park

Wife charged in husband’s death in Sechelt

Karin Fischer has been charged with second-degree murder in the death of her husband, Max

Most Read