Everyone knows that the rich only get richer, but you may be wondering how much richer billionaires in Canada have actually gotten this year. Well, The Bloomberg Billionaires Index has the answers.
The Bloomberg Billionaires Index is a “daily ranking of the world’s richest people,” the website says.
At the end of each trading day in New York, the numbers are updated to reflect the new net worth of each billionaire.
The Index also has year-to-date changes that show how much each billionaire’s bank account has grown.
There are 15 Canadian billionaires on Bloomberg’s ranking. The majority have made their fortune in the media and telecom industry.
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However, there are Canadian billionaires in other industries too including finance, technology, retail, energy, and commodities.
The two wealthiest Canadians in the ranking are Changpeng Zhao and Sherry Brydson.
Zhao, who is the CEO of cryptocurrency exchange platform Binance, has a total net worth of $18.8 billion. He has gotten $6.26 billion richer over the past year.
According to his profile on Bloomberg, Zhao once had a part-time job at McDonald’s and a gas station. Talk about a come-up story.
Brydson is the largest shareholder of an investment firm that controls Thomson Reuters. Out of 500 billionaires, Brydson is the 123rd richest.
Her fortune grew by $466 million to a total net worth of $14 billion.
Below are the remaining 13 billionaires in Canada and how much richer they have gotten this year:
David Thomson
Total net worth: $8.68 billion
Year-to-date change: +$293 million
Taylor Thomson
Total net worth: $8.68 billion
Year-to-date change: +$288 million
Peter Thomson
Total net worth: $8.68 billion
Year-to-date change: +$288 million
James Pattison
Total net worth: $7.27 billion
Year-to-date change:+$126 million
Joseph Tsai
Total net worth:$7.03 billion
Year-to-date change: +$1.04 billion
Anthony von Mandl
Total net worth: $7.01 billion
Year-to-date change:+$352 million
Gaye Farncombe
Total net worth: $6.83 billion
Year-to-date change:+$253 million
Linda Campbell
Total net worth: $6.80 billion
Year-to-date change: +$203 million
J K Irving
Total net worth: $6.31 billion
Year-to-date change:+$59.9 million
Alain Bouchard
Total net worth: $6.07 billion
Year-to-date change:+$412 million
Arthur Irving
Total net worth: $5.92 billion
Year-to-date change:+$142 million
Chip Wilson
Total net worth: $5.60 billion
Year-to-date change: +$46.0 million
David Cheriton
Total net worth: $5.28 billion
Year-to-date change: +$49.1 million
If you’re curious about how each of these billionaires came to be, you can see their complete profiles on the Bloomberg Billionaires Index here.
