After the game, Stephen's father "had to struggle through a back-slapping crowd to reach his car," the Montreal Gazette reported. Bronfman was named in the Paradise Papers in 2017. You tell me how to do it, and I'll fund it." Constantly moving ahead to not only do more, but also aspiring to always do better, the foundation is committed to live every day by its motto. Max Fisher, Michael Steinhardt, Leonard Abramson, Edgar Bronfman Sr., and Laurence Tisch were some of the members. After selling his big-box electronics chain, Future Shop, to rival Best Buy in 2001, Khosrowshahi has focused on investments in the pharmaceutical, retail and real estate industries. The most recent stock trade was executed by Mike Buick on 10 March 2023, trading 7,000 units of STKL stock currently worth $54,600. Language links are at the top of the page across from the title. We report to one owner who plays an integral role in decision-making and works closely with the senior leadership team. [14] Shareholders of Cara Operations Ltd., the Phelan family empire founded in 1883, voted in February to allow sisters Gail Regan and Rosemary Phelan, and their niece, Holiday Phelan-Johnson, to take the $1.1-billion company private. of 42,714 shares made by David Largey James (J. K.), Arthur and John (Jack) Irving: $4.99 billion. We have a longer-term outlook than most investors. "I don't even know what street Canada is on," Capone once quipped to a question about bootlegging. [13] : 1, 3 In their 2017 list that ranked Canada's top 100 richest people, Toronto-based Rob McEwen of McEwen Mining, ranked 100th with a net worth of C$875 million, while number 1 on the listthe Toronto-based Thomson family of Thomson Reuters had a net worth of C$39.13 billion. [18][19], Bronfman was a founding co-chairman of Historica Canada, producers of the Heritage Minutes series of television shorts. 303,475 shares on May 9, 2006, which Once touted as Air Canada's saviour, Li pulled Trinity Time Investments Inc. out of a $650-million bailout investment in April. "He's a business success in his own right," he said. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Some millionaires would like to live forever. And a corporate landlord accused of pandemic evictions", https://en.wikipedia.org/w/index.php?title=Stephen_Bronfman&oldid=1142776911, Short description is different from Wikidata, BLP articles lacking sources from February 2019, Articles with topics of unclear notability from January 2020, All articles with topics of unclear notability, Biography articles with topics of unclear notability, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 4 March 2023, at 09:10. , Stephen and Mitchell Goldhar: $608 million. He is married to Claudine Blondin. On December 22, 2013, Edgar Bronfman Sr. died at age 84. He expects the cost of these Gandhi-like movies will average US$20 million each. The family's trials and tribulations have kept them in the news. The firm employs some 30 investment and administrative professionals. Charles Bronfman. But the deal collapsed, clearing the way for local businessman Francesco Aquilini to buy 50% of the Canucks in November. Other transactions such as conversion of derivative security or exercise of options are not included. His gain was one of the largest windfalls from stock options in Canadian history. of a diverse portfolio of investments in private equity, hedge funds, public equities, and real estate. Sycamore Networks Inc., founded by Deshpande in 1998, was one of seven companies to win a contract from the U.S. Defense Department in January as part of a US$850-million plan to turn its communications system into a worldwide high-speed network. The entrepreneurial Bronfman family has been seizing opportunities for over two centuries. "[4] The scheme was described as an effort to profit from the 2008 housing crisis by "buy[ing] tens of thousands of foreclosed homes across the U.S. sunbelt and rent[ing] them to heavily-indebted Americans who cant get a mortgage."[5]. Reisman's pride, Indigo Books & Music, is suffering quarterly losses and has decided to focus less on books and more on gifts. These types of businesses tend to have the following characteristics: We target mid-market companies in Canada and the United States. celebrated the groundbreaking of the $18-million Rudy Bratty Centre Markham Family YMCA, set to open in a year. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987. Letsgetstarted. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Rogers Wireless made headlines this fall when it purchased Microcell Telecommunications Inc., the parent company of Fido, for $1.4 billion. Bronfman and his family came to prominence within Canada as key fundraisers for the Liberal Party of Canada. Since 1999, the program has sent more than 700,000 young Jews from around the world on a 10-day free trip to Israel. He also spoke out against bank mergers, saying they shouldn't be allowed unless the Canadian market is open to foreign competition. Property tycoon Paul Reichmann stepped down as CEO of family holding company Reichmann International in October, passing the torch to his son, Barry. Benjamin Bronfman. About Us Building together. Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. Continuous evaluation, both internally and externally, that further strengthens the foundations impact. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. The elder Bronfman sold his shares in the team in 1991. ResREIT shares owned by the family and Latner's companies combined brought in about $24 million. SunOpta Inc (STKL) He was majority owner of Major League Baseball's Montreal Expos from the team's formation in 1968 until 1991. "It was a family tragedy."[3][6]. Andrea and Charles Bronfman Philanthropies Inc. "The World's Billionaires: Charles Bronfman", "The Lunch: Charles Bronfman opens up about Seagram's demise: 'It is a disaster', "At age 90, Charles Bronfman reflects on business career, beloved Expos", "The making of Lunch with Charles Bronfman", "100 American Jewish Leaders Urge Netanyahu to Show Readiness to Make 'Painful Territorial Sacrifices', "Titans of Industry Join Forces To Work for Jewish Philanthropy", "The Andrea and Charles Bronfman Philanthropies", "The Andrea and Charles Bronfman Philanthropies:: Visual Timeline", "Charles Bronfman winds down his philanthropic foundation", "How foreign donors reshaped Israel: A who's who", "Charles Bronfman | The Canadian Encyclopedia", "Seagram co-chairman Charles Bronfman on running a family business", "The Montreal Gazette - Google News Archive Search", "Major League Soccer's Billionaire Owners", "Andrea M. Bronfman, 60, an Internationally Noted Philanthropist, Dies", "Andrea Morrison Bronfman; active in Jewish causes; 60", "THE HONOURABLE CHARLES ROSNER BRONFMAN, P.C., C.C. The combined wealth of the top 46 [] History Community Involvement In 1990, he studied geology at Concordia University . Claridge also has third-party managed investments in a variety of industries throughout the world. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. Selectively partnering with the best managers worldwide. Creating a legacy. At the Wednesday news conference, Bronfman looked tanned and fit, dressed in a navy blue jacket, light blue shirt and no tie. 71. The secretive founder and president of Future Electronics is a major benefactor of Alcor Life Extension Foundation, and it's rumoured he will have his body frozen at death. Year 1925. They divorced in 2011, on amicable terms, celebrating their divorce with a lavish "divorce party. He recently inked a deal to produce a US$30-million Beatles show in Las Vegas and is also the proud owner of the $2,605 hot dog he won in an auction for the last wiener sold during the Montreal Expos' final home game. Experienced, successful, and ambitious teams demonstrating deep industry insight. A fan favorite, he's still referred to in Montreal as "Le Grand Orange" for the color of his hair. 10. Please help to demonstrate the notability of the topic by citing, Learn how and when to remove these template messages, Learn how and when to remove this template message, "This block used to be for first-time homebuyers. Here is a selection of our success stories. Alfredo (Fred) DeGasperis: $645 million. Despite opposition to the $30-million expansion project, city council's hands are tied; the land is owned by the Squamish Nation, which approved of the centre. In 1951 Bronfman's father Samuel Bronfman gave Charles a 33% ownership stake in Cemp Investments, a holding company for him and his 3 siblings which controlled the family's corporate empire. He is best known for his $50-million contribution to UBC in 1998. [5], Bronfman and his brother, Edgar, inherited the Seagram spirits empire in 1971 after the death of their father, Sam Bronfman. sale On the downside, insolvent Stelco is one of its major customers and suppliers. Coutu's pharmacy company became the fourth-largest North American drugstore chain in August when it purchased 1,549 Eckerd stores. Rays to fans: 'We desperately want to stay in Tampa Bay', Rays have cleared one Montreal hurdle, but many remain, Why Rays think their Montreal idea is so 'amazing', Tampa Bay has to decide whether it's a major league market, Stu-realism on display at Rays' museum exhibition. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net worth to about $2.9 billion. According to the SEC Form 4 filings, Stephen R Bronfman has made a total of Stephen R Bronfman around $4 Million. This investment adviser does not provide advice to individual investors. In April, Clare Bronfman pleaded guilty for her role in a bizarre sex-trafficking conspiracy involving NXIVM. With stakes in everything from seafood to nursing homes to pulp and paper, the Jodrey empire also has a 25% interest in Nova Scotia's provincially funded gas distribution project, Heritage Gas Ltd. After his quiet departure from ATI Technologies Inc. in 2000, Lau helped launch Dr. The company also handed over $15 million to $20 million to rename Edmonton's hockey arena Rexall Place, and hopes the nickname the Drugstore catches on. 82. As the Liberal Party's chief fundraiser, Bronfman helped get Canada's prime minister Justin Trudeau elected in 2015. , In recent years, as Bronfman has tried to bring baseball back to Montreal, he's spoken longingly about growing up with the Expos meeting players, reading box scores, the move to cavernous Olympic Stadium. Harrison McCain family: $1.48 billion. Clare Bronfman was born in Clifton . The real estate tycoon and chairman of Orlando Corp. sold off about $245 million of his company's industrial and office portfolio this year while continuing to collect rent from tenants in Orlando's sprawling 31-million-square-foot empire. Maple Leaf Foods Inc. gobbled up Schneider Foods in April for $500 million. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside world. Gururaj (Desh) Deshpande: $346 million. The Iranian-born millionaire, who lives in a tony Vancouver suburb with his wife, Nezhat, was reportedly B.C. Construction started in July on Matthews' Celtic Manor resort in Wales in time for the 2010 Ryder Cup. Cliff, director and former president of family-owned construction conglomerate Ledcor Group of Cos., ramped up operations at his two vineyards in California's Napa Valley. Since our first investment in a private equity fund in 1998, we have invested in over 80 private equity and real estate funds and a dozen co-investments. In February, the McGill University faculty of management's 24th annual Management Achievement Award honoured Currie, former president of George Weston Ltd., for his business leadership and contributions to the community. The CEO of Power Financial Corp. raked in a tidy $170 million when he exercised stock options early in the year. A November RBC report says there is a diminishing pool of potential first-time buyers in Toronto. of 2,213,078 shares. Edgar Bronfman Jr. is Edgar's son. sale SunOpta Inc. is a leading company specializing in the sourcing, processing and production of organic, natural and non-GMO plant- and fruit-based food and beverage products. We are a growth-oriented investor with experience across a variety of economic sectors. Bonita "Bonnie" Roche. J. R. Shaw's cable TV giant, now run by his son Jim, jumped on the voice-over-Internet protocol (VoIP) bandwagon this year, announcing plans to team up with rival Bell Canada to offer its Digital Phone service to subscribers by next year. Well break down the latest business and consumer news and insights you need to know every Wednesday. By CB Staff November 9, 2017 The Top 25 The Rich 100 Highest-Paid CEOs This is the complete Canadian Business ranking of the 100 wealthiest individuals and families in Canada. [13] The "Mega Group", went on to inspire a number of philanthropic initiatives such as the Partnership for Excellence in Jewish Education, Birthright Israel, and the upgrading of national Hillel. Stephen R Bronfman made We put in place strong boards formed with members that bring experience and sector knowledge to our partners. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987.[1]. Claridge has thrived through many economic cycles. Now comes the hard work of crunching the numbers to see if the idea makes financial sense, and convincing the city, the province of Quebec and the residents that it's worth the risk. Our hedge portfolio is allocated across a spectrum of strategies with a focus on long/short equity funds, event-driven/distressed funds, and multi-strategy funds. "[11], He and Michael Steinhardt co-founded Taglit Birthright, a program which provides a free, educational travel experience to Israel for young Jewish adults. [2] Biography [ edit] Bronfman was born into a Jewish family in Montreal. The Winnipeg-based Richardson clan, known for making its money in the grain industry, signalled a return to its roots in the financial services sector last summer when Richardson Financial Group Ltd. launched a $325-million private equity fund. The North American construction boom kept the IKO Group, the family-owned roofing supply business, very busy in 2004. Gerald (Gerry) Schwartz and Heather Reisman: $758 million. As a direct beneficiary of the fortune created from the Seagram empire during its 80 year period under Bronfman control, the family office multiplied the value of the Seagram cash flow by continually reinvesting in a myriad of ventures, ranging from chemical production to real estate. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. But Cap. The future of Izzy's plan for a human-rights museum in Winnipeg is on the rocks because the federal government refuses to provide funding. But it looks like another bumpy year ahead: CEO Alain warned a strengthened Canadian dollar could hurt profits. 83. A former lieutenant-governor of Ontario with a family heritage in financial services and income trusts, he emerged this year as a fierce critic of fallen newspaper tycoon Conrad Black, a one-time friend. The respected Toronto developer got some unfortunate attention in December 2003 when one of his buildings, the landmark Uptown Theatre in downtown Toronto, collapsed during demolition, killing one person and injuring 14 others. A member of the Bronfman family, a prominent Quebec family, he is the son of billionaire Charles Bronfman and grandson of Samuel Bronfman and Saidye Rosner Bronfman. Updated for 2018! We are not involved in day-to-day operations of our portfolio companies, preferring to delegate responsibility to the management team. Clare Bronfman has an estimated net worth of $600 million. Bronfman is one of its principal donors. Robot, a Markham, Ont.-based company that recently introduced the HR6 a walking, talking and dancing humanoid robot that also tells jokes, checks mail and fetches things. and Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management of a diverse portfolio of investments in private equity, hedge funds, public equities, and real estate. He is the co-chairman of the McGill Institute for the Study of Canada. In June, Markham, Ont. In 1998, Steven Spielberg spoke about his personal religious journey, and later the group discussed Jewish summer camps. Bronfman, the 34-year-old grandson of the late billionaire Edgar Bronfman Sr., and son of Matt Bronfman, the Manhattan-based billionaire investor, bought the 1.1-acre compound that, according. Bronfman, whose father Charles was the original owner of the Expos, is part of a group spearheading effort to return baseball the city. a net "That paper loss is among the largest sustained by a single family, ever," Fortune magazine. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $634,359. The Finnish-born fashion magnate was ordered to pay over $1 million in legal costs racked up by his son's mother in a nasty child support battle. Most of the Bronfman family have left Montreal. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. We diversify our active direct investment practice through funds investments leveraging resources in different markets and industries, and invest globally with a select number of third-party managers allocating capital to different strategies and asset classes that offer superior risk-adjusted returns. In September 2016, Stephen Bronfman helped host a $1,500-a-ticket fundraiser for Trudeau in Westmount, an English-speaking suburb of Montreal that is one of the wealthiest enclaves in Canada. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $591,868. He and his partners have identified a downtown site for a new outdoor stadium. Although shares in Friedland's Ivanhoe Mines Ltd. have since returned to more earthly levels (dropping him 18 spots on the list), his Mongolian copper and gold project continues to churn out good news. Specs 8,085 square feet, 5 bedrooms, 7 bathrooms. [20][21], Bronfman joined the Giving Pledge, an initiative of the Bill & Melinda Gates Foundation.[2][9]. Over the years, the team added more talent slugger Andre Dawson, catcher Gary Carter and speedster Tim Raines, who all ended up in the Hall of Fame. The diamond prospector managed to avoid publicity for two years before the media discovered he had donated $30 million worth of shares in Archon Minerals Ltd. to the Sea to Sky University in Squamish, B.C., Canada's first private secular non-profit university. . The high-profile guests included former B.C. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. Photo by Andrew Vaughan / The Canadian Press You might contact Stephen R Bronfman via mailing address: C/o Claridge Inc, 1170 Peel Street, Montreal Canada H3b E6 00000. Sirois is also behind Microcell and the Fido brand, which Rogers Wireless bought in November. Wanna follow Stephen Bronfman's net worth? Ben Bronfman net worth: Ben Bronfman is an American musician, activist, and entrepreneur who has a net worth of $100 million dollars. In April 2013, Bronfman was one of 100 prominent American Jews who sent a letter to Israeli Prime Minister Benjamin Netanyahu urging him to "work closely" with Secretary of State John Kerry "to devise pragmatic initiatives, consistent with Israel's security needs, which would represent Israel's readiness to make painful territorial sacrifices for the sake of peace. The award recognizes refiners with exemplary achievements in areas such as producing clean fuels and dedication to environmental performance. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net. The son of the king of the subdivision got into a fight with the tony Rosedale Golf Club in Toronto's secluded Hogg's Hollow, over a 900-square-foot balcony on his property. He was the largest claimant of 86 investors who filed a lawsuit in February over US$570 million in losses by a U.S. hedge fund group. Tom Ford. Stephen's mailing address filed with the SEC is C/O CLARIDGE INC., 1170 PEEL STREET, , , H3B4P2. Business must be hopping for Katz's private drugstore empire. But with shock jock Howard Stern in the mix, the group might be permanently off-air. Freddy DeGasperis Jr. runs Aspen Ridge Homes Ltd., part of his father's construction empire. Hedge funds are used to reduce volatility and risk in the portfolio while attempting to preserve capital and deliver positive returns under all market conditions. In 1990, he enrolled in Montreal's Concordia University to study geology, but the business bug was starting to take hold. , Workers were still shoveling snow and bolting in the seats as fans arrived, according to television news reports. Low-carb diets dealt a blow to Weston's food empire this summer as consumers avoided white-flour bakery products; second-quarter earnings took a 27% dive the biggest in four and a half years. The family could make their product legally in Canada and then sell it to bootleggers trying to quench American's thirst for liquor during the prohibition era. Many people ask this question about the money Stephen Bronfman makes from Facebook. Majority or significant minority equity investments. Scarlett Johansson. In October, Kolter Property Co.'s Toronto office portfolio was sold to German investors for $492 million. Our portfolio companies leverage the relationships that the Bronfman family have built through generations of doing business. The Expos came back to defeat the St. Louis Cardinals 8-7. Stephen Bronfman speaks to the media about the prospect of Major League Baseball returning to Montreal. [3][4], Bronfman held various positions in the family's liquor empire, Seagram, from 1951 to 2000. podcast episodes, Brokers, Bagmen, & Moles podcast episodes, Connections with BCD Travel podcast episodes, Cyber Security & Cloud Podcast podcast episodes, Coinbase Institutional Market Call podcast episodes, South Side Rules: A Shameless Podcast podcast episodes. Bronfman has said that he wasn't interested in business as a young man. Stephen R Bronfman owns 5,389,288 shares of SunOpta Inc (STKL) as of May 9, 2006, with a value of $44 Million. We are differentiated by our entrepreneurial family business mindset, flexible investment approach, global relationships, value creation capabilities, strong integrity, use of reasonable leverage, and long-term investment horizon. Bronfman said he's hopeful but realistic. He was educated at Selwyn House School in Montreal, Trinity College School in Port Hope, Ontario, and McGill University. The McCain family also forked over $5 million to the National Ballet School in July. It's been a wild ride for the Calgary mining promoter who saw his personal net wealth skyrocket 250% in last year's Rich 100. Sunopta executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Insiders are limited to only officers and/or directors of the company. 4. In the early 1900s, much of the revenue at the family's hotels in Emerson, Manitoba and later in Winnipeg flowed from selling liquor. Potter thrilled more than 1,500 people at the Brockville Flying Club's semi-annual fly-in breakfast when he flew by in his 1945 Spitfire, bringing the plane low for the crowd to gawk. Both things are fundamentals of living for the soon to be 50-year-old businessman, philanthropist and father of four. The family, led by Stephen's grandfather Samuel, began distilling and selling cheap booze, sometimes using fake labels like Johnny Walker instead of Johnnie Walker. the Director of SunOpta Inc and owns about 5,389,288 shares of SunOpta Inc (STKL) stock worth over $44 Million. He even enjoyed getting peppered with questions from reporters at a Wednesday news conference. Making an impact. The Quebec telecom entrepreneur stepped down as chairman of Telesystem International Wireless Inc. in July. He feels there is momentum behind baseball returning to Montreal, whether it be the Rays deal or another one. Want more of our free, weekly newslettersinyourinbox? The most recent stock trade was executed by Jill Barnett on 22 April 2023, trading 20,000 units of STKL stock currently worth $165,000. [2], Bronfman was born into a Jewish family in Montreal. The one-million-square-foot building is worth approximately $250 million.

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