Puneet Varma (Editor)

List of Canadians by net worth

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The following is a list of Canadians by net worth:

Contents

Richest Canadians (2014 statistics)

Updated November 20, 2014.

Richest Canadians (2013 statistics)

Updated November 23, 2013.

Richest Canadians (2012 statistics)

Updated November 22, 2012.

Richest Canadians (2011 statistics)

Updated October 6, 2011.

A list of the 100 richest people in Canada as of October 2011 is available at Canadian Business.

Richest Canadians (2010 statistics)

Updated December 6, 2010.

A list of the 100 richest people in Canada as of December 2010 is available at Canadian Business.

Estimated net worth of the richest Canadians was measured by Canadian Business magazine using the following criteria:

  1. Members of the 2010 Rich 100 had to be Canadian citizens.
  2. The cutoff date for valued assets was September 30, 2010.
  3. Included in the calculations were financial transactions that occurred between September 26, 2009 and September 30, 2010, including the value of dividends and distributions received during that time period.
  4. Publicly traded securities were valued at the market close on September 30, 2010. This was the date used for exchange rates applied to foreign investments as well.
  5. Privately owned companies were valued using a multiple of cash flows, earnings or sales. If these figures weren't available, industry experts were asked to give estimates, and private companies were compared to similar public companies. Debt, whether known or estimated, was subtracted from the value.
  6. Real estate values were based on estimates per square foot, less debt.
  7. Where companies or shares/units were sold, appropriate capital gains taxes were applied.
  8. Where assets were held by families or trusts, the focus was on who controlled the wealth.
  9. Conservative estimates of private investments were intentionally made. It is virtually impossible to determine the full extent of these holdings for every member. It's safe to assume the Rich 100 are worth more than the stated amount.
  10. Sometimes Canadian Business relied on estimates provided by the Rich 100 candidates themselves. In these cases, the magazine did attempt to independently verify the information.
  11. Occasionally, new information comes to light that can affect estimates of an individual's wealth.

References

List of Canadians by net worth Wikipedia