Post by Graze on Dec 6, 2005 15:51:51 GMT -5
Because these guys are stinking rich!
Shania Twain may be a chart topper in the music world, but she's failed to crack the list of 100 richest Canadians -- again.
The seventh annual list compiled by Canadian Business magazine has distinct lack of star power, with Twain, Jim Carrey, Keanu Reeves and Celine Dion all failing to make the lineup.
"Shania Twain has never been on the list," said Canadian Business Senior Associate Editor Alex Mlynek. "We did look at her this year and she wasn't quite there. She's definitely close."
To make this year's list, a Canadian citizen would have to have a net worth of $366 million. The list includes 40 billionaires, up from 36 in 2004.
Carrey last made the list in 2002, while Celine's last appearance was in 2003. Keanu Reeves made last year's list, but just barely, capturing 100th place.
"Keanu Reeves made some movies this year, but nothing to create the monetary value of The Matrix," Mlynek said.
Conrad Black, who renounced his Canadian citizenship, wasn't eligible for consideration on the list. Although Black has cracked the lineup in the past, his waning wealth and mounting legal bills may have kept him off the list.
Publishing mogul Ken Thomson again topped the list, followed by bakery and grocery magnate Galen Weston.
Surging oil prices helped propel the Irving brothers past eBay founder Jeff Skoll to claim third place on the list.
The top 100 tally had six new members, including Formula 1 team owner Alex Shnaider of Midland Resources. He debuted in 20th position with a net worth of $1.72 billion.
Overall, the top 100 Canucks had a combined net worth of $141.6 billion, up 9% from the 2004 total of $130.1 billion.
The magazine -- which hit nespamtands yesterday -- points out that if Ken Thomson's net worth was invested in a savings account paying 2.5%, it would yield about $557.7 million annually.
That would make the purchase of a $254,103 home seem like a $33.13 expenditure to an average Canadian.
The Top Ten
1. Ken Thomson, 82, and family, $22.16 billion (publishing, information distribution)
2. Galen Weston, 65, $9.28 billion (bakery, grocery, retail)
3. James (J.K.), 76; Arthur, 74; and John (Jack) 73, Irving; $5.36 billion (oil, forest products, building-supply stores, media, frozen foods, transportation)
4. Jeff Skoll, 49, $5.07 billion (eBay founder).
5. Jim Pattison, 77, $4.5 billion (diversified).
6. Paul Desmarais, 78, $4.25 billion (financial services, print, broadcasting, oil)
7. Ted Rogers, 72, $3.65 billion (cable TV, communications, pro sports).
8. Saputo family, $3 billion (food, forestry products, transportation, real estate)
9. Bernard Sherman, 63, $2.59 billion (pharmaceuticals)
10. David Azrieli, 83, $2.37 billion (real estate)
Shania Twain may be a chart topper in the music world, but she's failed to crack the list of 100 richest Canadians -- again.
The seventh annual list compiled by Canadian Business magazine has distinct lack of star power, with Twain, Jim Carrey, Keanu Reeves and Celine Dion all failing to make the lineup.
"Shania Twain has never been on the list," said Canadian Business Senior Associate Editor Alex Mlynek. "We did look at her this year and she wasn't quite there. She's definitely close."
To make this year's list, a Canadian citizen would have to have a net worth of $366 million. The list includes 40 billionaires, up from 36 in 2004.
Carrey last made the list in 2002, while Celine's last appearance was in 2003. Keanu Reeves made last year's list, but just barely, capturing 100th place.
"Keanu Reeves made some movies this year, but nothing to create the monetary value of The Matrix," Mlynek said.
Conrad Black, who renounced his Canadian citizenship, wasn't eligible for consideration on the list. Although Black has cracked the lineup in the past, his waning wealth and mounting legal bills may have kept him off the list.
Publishing mogul Ken Thomson again topped the list, followed by bakery and grocery magnate Galen Weston.
Surging oil prices helped propel the Irving brothers past eBay founder Jeff Skoll to claim third place on the list.
The top 100 tally had six new members, including Formula 1 team owner Alex Shnaider of Midland Resources. He debuted in 20th position with a net worth of $1.72 billion.
Overall, the top 100 Canucks had a combined net worth of $141.6 billion, up 9% from the 2004 total of $130.1 billion.
The magazine -- which hit nespamtands yesterday -- points out that if Ken Thomson's net worth was invested in a savings account paying 2.5%, it would yield about $557.7 million annually.
That would make the purchase of a $254,103 home seem like a $33.13 expenditure to an average Canadian.
The Top Ten
1. Ken Thomson, 82, and family, $22.16 billion (publishing, information distribution)
2. Galen Weston, 65, $9.28 billion (bakery, grocery, retail)
3. James (J.K.), 76; Arthur, 74; and John (Jack) 73, Irving; $5.36 billion (oil, forest products, building-supply stores, media, frozen foods, transportation)
4. Jeff Skoll, 49, $5.07 billion (eBay founder).
5. Jim Pattison, 77, $4.5 billion (diversified).
6. Paul Desmarais, 78, $4.25 billion (financial services, print, broadcasting, oil)
7. Ted Rogers, 72, $3.65 billion (cable TV, communications, pro sports).
8. Saputo family, $3 billion (food, forestry products, transportation, real estate)
9. Bernard Sherman, 63, $2.59 billion (pharmaceuticals)
10. David Azrieli, 83, $2.37 billion (real estate)
ing Irving family, oh well they employ my father so I can't complain too much.
