It was out of that discussion that the Heritage Minutes were conceived, piloted, distributed through cinemas and broadcasters across the country, and then confirmed as a major contribution of the foundation which a few years later became Historica, recently merged with the Dominion Institute. Our portfolio companies leverage the relationships that the Bronfman family have built through generations of doing business. Stephen R Bronfman around $4 Million. 1 all the time, coddled and catered to like some members of the business elite. The firm employs some 30 investment and administrative professionals. Unlike traditional private equity firms, we have an owner mindset and a longer time horizon to allow for the maximization of value with each of our operating companies. He was educated at Selwyn House School in Montreal, Trinity College School in Port Hope, Ontario, and McGill University. [5], Bronfman and his brother, Edgar, inherited the Seagram spirits empire in 1971 after the death of their father, Sam Bronfman. Construction started in July on Matthews' Celtic Manor resort in Wales in time for the 2010 Ryder Cup. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside world. Combined, the seven companies won US$260 million worth of contracts. But so far, the US$2.3-billion acquisition has only managed to drag first-quarter earnings down by 29%. headquartered in Montreal, Quebec. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Sharp kept rein over his lodging kingdom in May when 94% of shareholders voted down a motion to do away with the dual-share structure that gives him control over Four Seasons Hotel and Resorts Inc., even though he owns only 12% of the stock. Bronfman has said that he wasn't interested in business as a young man. Click here to see the complete history of Stephen R Bronfmans form 4 insider trades. We put in place strong boards formed with members that bring experience and sector knowledge to our partners. We use conservative leverage and construct optimal capital structures to provide sufficient flexibility to maneuver through economic cycles and reinvest cash flows to grow the business. Its leaders have soared in wealth and influence since the departure of the Bronfmans. 4. He'd seen his father come home from work everyday in a suit and tie and didn't think it was for him. But the deal collapsed, clearing the way for local businessman Francesco Aquilini to buy 50% of the Canucks in November. Bronfman said he is Canadian in his heart but sought his dual citizenship in order to vote in the United States. sale 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. In December 2021, The Washington Post reported that Bronfman funded a Cayman Islands trust that is among the investors in Pretium Partners which is behind Progress Residential, a firm that "reaps big profits from stressed American renters amid national affordability crisis. and 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. He also had his family's first home in Canada a dilapidated coal shed in Deloraine, Man. 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. He had some early successes and ascended to the top job in 1997. 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. All Rights Reserved. Subscribe to our free Business by the Bay newsletter. The former transportation tycoon and one-time owner of the CFL's Hamilton Tiger-Cats made philanthropic history in December 2003 when he donated $105 million to McMaster University's medical school the largest single cash gift to a Canadian institution. Other transactions such as conversion of derivative security or exercise of options are not included. sale Ben Bronfman was born in New York, New York, and attended . It's actually a myth about how to make money on Facebook Stephen Bronfman (born in Montreal) is a Canadian businessperson. Meanwhile, dissident cousin Ian (a former Molson deputy chairman) pondered a hostile bid with a rival investor group. Bronfman is closer to that dream than ever. Global perspective enables us to identify sectors with potentially better opportunities, make key introductions to new markets, recruit new personnel, and make acquisitions. Other key executives at SunOpta Inc include The acquisition makes Rogers the largest wireless carrier in Canada. Rusty Staub was the team's best hitter. 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. 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. Stephen Bronfman (born in Montreal) is a Canadian businessperson. Claridge challenges its portfolio teams to excel and, through respectful and symbiotic relationships, we tend to complement our partners well. of 2,013,459 shares made by Engaged Capital Llc The proposed merger between Montreal brewing dynasty Molson Inc. and Colorado-based beer maker Adolph Coors Co. left a bitter aftertaste for some Molson shareholders, prompting some stock analysts to speculate the deal could fizzle out. A track record of success in building companies across several sectors. Active research and documentation that identifies and analyses challenges confronting communities. Comrie earned more than $270 million this year after converting his chain of more than 160 discount outlets into an income trust. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. When asked by a reporter what he would do if he suddenly lost all of his money, the star pension fund manager and corporate governance rabble-rouser replied: I would start another company like my own and look for even better guys to work with than I've had. Last October, a lavish compound set on what is frequently considered to be the best residential street in Santa Monica sold for $29.4 million. We seek to partner with and invest in high-quality businesses with strong and defensible market positions. He has two older sisters, the art patron Baroness Aileen "Minda" Bronfman de Gunzberg, and architecture expert and developer Phyllis Lambert. 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. Majority investments requiring approximately $15-$30 million of equity contribution. 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. Disclamer: Stephen Bronfman net worth displayed here are calculated based on a combination social factors. Canadian Business The Expos played their first home game on a Monday afternoon in April 1969. Larco Investments, owned by the Lalji family, is courting controversy in Vancouver as stores in its 240,000-square-foot development, dubbed Canada's first lifestyle centre, begin to open. York University bestowed an honorary doctorate on the media-shy founder of Teknion Corp., the office furniture company that first produced a tilting chair for under $100. Stephen Bronfman Spouse: Claudine Blondin Bronfman, Stephen Bronfman Parents: Charles Bronfman, Barbara Baerwald Bronfman. Stephen R Bronfman is the director of SunOpta Inc. 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. You tell me how to do it, and I'll fund it." In April, the CRTC admonished Aliant for selling local phone service in a bundled package in areas of Nova Scotia and P.E.I. Maple Leaf Foods Inc. gobbled up Schneider Foods in April for $500 million. 10 percent owner Bam Partners Trust Larry Parrish blasted 30 home runs for the exciting 1979 Expos, and pitcher Steve Rogers won 19 games with a 2.40 earned run average in 1982, good enough to garner the second most votes for the Cy Young Award, given to the league's best pitcher each year. [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. Gurus may be added or dropped from the GuruFocus site at any time. [7] The sale was completed .mw-parser-output .frac{white-space:nowrap}.mw-parser-output .frac .num,.mw-parser-output .frac .den{font-size:80%;line-height:0;vertical-align:super}.mw-parser-output .frac .den{vertical-align:sub}.mw-parser-output .sr-only{border:0;clip:rect(0,0,0,0);height:1px;margin:-1px;overflow:hidden;padding:0;position:absolute;width:1px}6+12 months later on June 14, 1991. 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. sale Actively backing the entrepreneurial spirit with more than capital. History Community Involvement Gail Regan, Rosemary Phelan and Holiday Phelan-Johnson: $400 million. 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 Cirque du Soleil ringmaster celebrated the 20th anniversary of his global empire this year in a refurbished Montreal airport hangar that reportedly featured an absinthe bar and hot tub. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. 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. Charles Bronfman: $1.85 billion On June 27, Stephen Bronfman, chairman of Claridge SRB Investments Inc. and Charles Bronfman's son, was married at his 15,000 square-foot Westmount mansion under such tight security that even the bride's identity was kept from the media until after the ceremony. In a 2006 article, Forbes magazine put it this way: "If the Bronfmans are Canadian royalty, Stephen Bronfman is the prince you've never heard of.". Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. From 1999 to 2001, Bronfman was the first chairman of the United Jewish Communities, the merged North American organization comprising United Jewish Appeal, the Council of Jewish Federations and United Israel Appeal. Stephen Bronfman is big on family. The Canadian Association of Family Enterprise and the Canadian Institute of Chartered Accountants named 149-year old Samuel, Son & Co. the Family Enterprise of the Year. [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. Broad investment mandate gives us the flexibility to pursue a range of investments types. He moved smoothly between English and French, in a city where that matters. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987. The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. 39. The former president of Moffat Communications and one-time co-owner of the Winnipeg Jets predicted in January that unless NHL players are willing to take a significant pay cut, no mid-size city will ever be able to afford a pro hockey team. The deal fell through. He also lost out on a bid to buy the venerable Montreal Canadiens hockey team in 2010. Stephen Bronfman net worth is $10 Million Stephen Bronfman Wiki: Salary, Married, Wedding, Spouse, Family . 83. Barbara Baerwald (19382021). In 2017, he was caught up in the Paradise Papers scandal. Our portfolio teams are put together to reflect a unique mix of experience and entrepreneurial spirit, which has proven to be extremely efficient. a net Joyce made headlines in June when his Fox Harb'r resort in Nova Scotia was fined $180,000 for offshore blasting. From humble beginnings as a Russian immigrant at the end of the nineteenth century, the family patriarch Samuel Bronfman began to build what would become the largest distiller in North America.
