Forbes' new billionaires ranking reveals the richest people in Canada for 2024
Here's what you need to know about Canada's billionaires! 💸
Tobi Lutke. Right: Chip Wilson.
All of Canada's billionaires for 2024 have just been revealed by Forbes in a new ranking.
The richest people in Canada this year have net worths from $1 billion up to more than $67 billion!
Forbes put out the annual World's Billionaires List on April 2, 2024, and said that it's "a banner year for the mega-wealthy."
This year, there are a record-breaking 2,781 billionaires in the world worth a combined $14.2 trillion.
According to this new list from Forbes, Canada has 67 billionaires in 2024 — an increase from 2023 when there were 63.
That's still fewer than the countries with the most billionaires: the U.S. (813), China (406), India (200) and Germany (132).
If you're wondering who made the cut, here are the Canadians who made the Forbes billionaires list this year and how much money they have.
David Thomson and family
David Thomson is the richest person in Canada with a net worth of $67.8 billion, which he shares with his family.
He's also the 22nd richest person in the world on Forbes' billionaires list.
Thomson and his family control the media and publishing company founded by his grandfather Roy Thomson.
Changpeng Zhao
With a net worth of $33 billion, Changpeng Zhao — who goes by CZ — is the second richest person in Canada and 50th in the world.
CZ is the founder and former CEO of Binance, the world's largest cryptocurrency exchange.
David Cheriton
David Cheriton has a net worth of $12.6 billion.
Known as the "Professor Billionaire," Cheriton made his money with an early investment in Google.
He ranks 156th in the world on the Forbes list for 2024.
Jim Pattison
Jim Pattison oversees a group that operates packaging, food and entertainment.
He has a $9.3 billion fortune, making him the fourth wealthiest billionaire in Canada and the 263rd richest person in the world this year.
Joseph Tsai
Joseph Tsai, the cofounder of Alibaba Group and second-largest individual shareholder, has a net worth of $8.5 billion in 2024, according to Forbes.
Alain Bouchard
With a net worth of $8 billion, Alain Bouchard is the sixth richest person in Canada this year.
He cofounded Alimentation Couche-Tard back in 1980 with a single Quebec shop.
Anthony von Mandl
Anthony von Mandl, who created White Claw Hard Seltzer and Mike's Hard Lemonade, has a net worth of $7.7 billion.
Tobi Lutke
Tobi Lutke is the co-founder and CEO of Shopify.
With a fortune of $6.9 billion, Lutke ranks at 398 on the Forbes World's Billionaires List for 2024.
Chip Wilson
Dennis "Chip" Wilson is the founder and former CEO of Lululemon.
He has a net worth of $6.8 billion, according to Forbes.
Arthur Irving
Arthur Irving owns Irving Oil which operates gas stations and oil refineries. He has a net worth of $6.3 billion in 2024.
That makes Irving the 10th richest person in Canada.
Here are the next billionaires in Canada on the Forbes ranking this year and their net worths:
- James Irving — $5.6 billion
- Mark Scheinberg — $5.6 billion
- Peter Gilgan — $5.5 billion
- Garrett Camp — $5.1 billion
- Daryl Katz — $5 billion
- Carlo Fidani — $4.8 billion
- Leonid Boguslavsky — $4.7 billion
- Stephen Smith —$4.4 billion
- Mark Leonard and family — $4.3 billion
- Emanuele (Lino) Saputo and family — $4.3 billion
- Jacques D'Amours — $3.9 billion
- Lawrence Stroll — $3.9 billion
- Bob Gaglardi — $3.8 billion
- Bruce Flatt — $3.7 billion
- Ryan Cohen — $3.4 billion
The remaining Canadian billionaires on the Forbes list have fortunes between $1 billion and $3.4 billion.
This article's cover image was used for illustrative purposes only.
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