stephen bronfman net worth

Edward (Ted) Rogers Jr.: $2.21 billion. Flatt, who became chief executive in 2002, has accumulated stock worth another US$2.5 billion. We prefer control, but also invest in significant minority situations where we have strong influence over the companys destiny. of 2,213,078 shares. Bratty, head of his family's property development company, Remington Group, was a major donor. 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. He also spoke out against bank mergers, saying they shouldn't be allowed unless the Canadian market is open to foreign competition. 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. So far, they seem to be on the same wavelength about where the deal goes from here. In no event shall be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on, or relating to the use of, or inability to use, or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. 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. celebrated the groundbreaking of the $18-million Rudy Bratty Centre Markham Family YMCA, set to open in a year. 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 mystery buyers may not even need to . In this role, we often provide strategic and operational support, relationships, capital to fund growth initiatives, and a more conservative approach to leverage. In the 2010 article "The Heiresses and the Cult", Vanity Fair detailed how Sara and Clare Bronfman had given up to $150 million to NXIVM, a group their father referred to as a cult. He is best known for his $50-million contribution to UBC in 1998. Making an impact. Stephen Bronfman is big on family. 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. 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. And a corporate landlord accused of pandemic evictions",, 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. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. History Community Involvement 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. Despite some tough times, the executive brothers of Quebec paper and cardboard maker Cascades Inc. stayed almost static on the list. Bonita "Bonnie" Roche. In 1998, Steven Spielberg spoke about his personal religious journey, and later the group discussed Jewish summer camps. Then global investors bought in", "Secret money. About Us Building together. Meanwhile, dissident cousin Ian (a former Molson deputy chairman) pondered a hostile bid with a rival investor group. We aim to achieve diversification through investment strategy, sector, geography, fund manager, and vintage year. Flat and agile operating structure enables us to make decisions quickly and provide prompt feedback. Benjamin Bronfman. Under his leadership, the Bronfman family established itself as a pioneer of the Canadian industrial landscape and built a crown jewel of the emerging Canadian economy. The "Mega Group" would meet twice a year for two days of seminars related to the topic of philanthropy and Jewishness. The founder and former head of cable company Vidotron now heads up Canada's largest foundation, which helps children. Premier Gordon Campbell's most generous patron in 2003. 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. With the October 2003 purchase of U.S.-based Circle K for $1.1 billion, Bouchard now controls North Americas fourth-largest c-store chain, with annual sales of $5.9 billion. sale The soaring price of crude helped push the Calgary financier and oilpatch magnate's personal net worth up more than 50% from last year. On average, Sunopta executives and independent directors trade stock every 22 days with the average trade being worth of $636,028. (Ryan Remiorz/The Canadian Press via AP), Heres why Tampa Bay Rays attendance during the teams historic winning streak matters | Editorial, J.P. Howell glad to see bad man Pete Fairbanks break his Rays record, Why well know a lot more about the Rays in a month, Its been an incredible run, but now future is uncertain for Lightning, Zach Bogosian steps up, helps to keep Lightning alive in NHL playoffs, 10 numbers that stand out from Rays remarkable first month, White Sox pay tribute to Rays radio broadcaster Dave Wills, Lightning are the unlucky victims as Maple Leafs end playoff drought, Um, Andrei Vasilevskiy would like to have a word about that slump of his, Rays lefty Josh Fleming finds his role as the bulk guy, Amazon partners with Rite Aid for package pickup nationwide. Plant-Based Foods and Beverages include plant-based beverages and liquid and dry ingredients (utilizing almond, soy) as well as broths, teas, and nutritional beverages. In summary, during the past 3 months, insiders sold 7,000 shares of SunOpta Inc (STKL) in total and bought 0 shares, with a net It's actually a myth about how to make money on Facebook Stephen Bronfman (born in Montreal) is a Canadian businessperson. Fundamental company data provided by Morningstar, updated daily. Bad things come in threes: first Moody's Investor's Service announced on Nov. 12 that it was downgrading Bombardier debt to junk status, then its Class B shares hit a decade low of $2.53 on Nov. 15, and finally a Bombardier regional jet exploded and crashed into a Mongolian lake on Nov. 21, killing 54 people in China's deadliest aviation disaster since 2002. 10 percent owner Bam Partners Trust This venture proved far less successful despite later rebranding the team as the Alouettes, the team folded prior to the start of the 1987 CFL season. Year 1925. 0 transactions in SunOpta Inc (STKL) over the past 5 years. He doesn't need to be No. We have the capability to underwrite larger transactions and we are willing to work with partners. With an estimated net worth of $2 billion (as of 2013), Bronfman was ranked by Forbes as the 14th wealthiest Canadian and 736th in the world. The older son of billionaire Li Ka-shing blamed the unions. Sold (or bought if negative) in USD ARDSLEY AD WEST FACE Engaged Capi KENDALL JE The company almost went bankrupt in 2001 but, after a financial restructuring, emerged as one of Romania's top telecoms. Minimal risk of obsolescence and disintermediation. 82. This investment adviser does not provide advice to individual investors. He wants a new team so that the next generation of youngsters and adult fans can make similar memories. Competitive advantages that provide the ability to withstand material changes in the economic environment. The information company sold its Thomson Media group to Investcorp for US$350 million and gobbled up at least 10 companies of all types and sizes. Click or tap any entry for further details on their net worth, the companies they control, their overall asset mix and more. 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. Stephen R Bronfman around $4 Million. There were reports of an arrangement with gangster Meyer Lansky and never proven rumors of a connection to Al Capone. Our direct private equity portfolio spans food and restaurants, media and entertainment, real estate, and technology. 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. There could be tough times ahead. The most active insiders traders include Face Capital Inc.Boland Gre, Organics, L.P.Oaktree Fund , and Advisory Partners Lp Ardsle. no insider transaction in SunOpta Inc (STKL). During the past 18 months, 2,284,800 shares of SunOpta Inc (STKL) were sold and 71,722 shares were bought by its insiders, resulting in a net Edgar Bronfman Jr. is Edgar's son. . 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. All Rights Reserved. Bronfman's firm teamed up with renowned concert promoter Michael Cohl to produce tours for the likes of Madonna and the Rolling Stones, and musicals including the award winning Spamalot. [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. These types of businesses tend to have the following characteristics: We target mid-market companies in Canada and the United States. Continuous evaluation, both internally and externally, that further strengthens the foundations impact. 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. According to the SEC Form 4 filings, Stephen R Bronfman has made a total of 39. The award recognizes refiners with exemplary achievements in areas such as producing clean fuels and dedication to environmental performance. The Quebec telecom entrepreneur stepped down as chairman of Telesystem International Wireless Inc. in July. sale Public equities managed funds are comprised of Canadian equity and foreign equity using a combination of active and index-replication strategies. Minto president Roger Greenberg denied any involvement. Or else I would marry a very rich wife. Stephen Bronfman Net Worth Stephen Bronfman Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. The company, which bought out package maker Dopaco, posted losses early in the year but reported a sevenfold increase in third-quarter profits. In January, the family's investment firm bought floundering chartered aircraft company Starlink Aviation. Kolter, which is owned by Julien and his aunt, Delia, also owns residential properties in Toronto and Florida, and the PGA village in Florida's Port St. Lucie. With an estimated net worth of $2.5 billion (as of 2021), Bronfman was ranked by Forbes as the 27th wealthiest Canadian and 1,249th in the world. Property tycoon Paul Reichmann stepped down as CEO of family holding company Reichmann International in October, passing the torch to his son, Barry. 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. Empire Co., the parent company of successful grocery chain Sobeys, appointed its first ever unrelated chairman in September, as the company reported a 9% increase in first-quarter revenues. Here is a selection of our success stories. Fipke, who was the first to discover diamonds in Canada's north in 1991, continues to earn an impressive amount from his 10% stake in the Ekati mine, which supplies 6% of the world's diamonds. [2], Bronfman was born into a Jewish family in Montreal. 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. [12], Bronfman is chairman of the Andrea and Charles Bronfman Philanthropies Inc.,[14] a family of charitable foundations operating in Israel, the U.S., and Canada. of 73,345 shares made by Robert Duchscher They divorced in 2011, on amicable terms, celebrating their divorce with a lavish "divorce party. We are not involved in day-to-day operations of our portfolio companies, preferring to delegate responsibility to the management team. In April, Clare Bronfman pleaded guilty for her role in a bizarre sex-trafficking conspiracy involving NXIVM. With an estimated net worth of $39.5 billion, David Thomson, chairman of media and publishing group Thomson Reuters Corp., is the wealthiest person in Canada, that's according to CEOWORLD magazine's Canada Rich List Index For 2020. Many people ask about the amount of money Stephen Bronfman makes from Instagram. We take governance seriously and adhere to the highest industry standards. In 1924, Samuel founded the Distillers Corporation in Montreal. Barbara Baerwald (19382021). In 2016 Bonfman closed the charity, which was planned over years. The power couple continued to focus on work this year. Claridge has been involved with some well-known brands including Cirque du Soleil, Dick Clark Productions, gluten-free food maker Glutino and SunOpta, the organic food company. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside 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. Tom and Caleb Chan, the famously private brothers and philanthropists, with extensive golf course and real estate holdings in the Vancouver-Whistler area, scored a major coup recently when it was announced the Telus Skins Game would be returning to their prestigious Nicklaus North course next year. SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. . The Bronfman family and our investment professionals have extensive relationships with senior decision makers in multiple industries on a global scale. Stephen Bronfman speaks to the media about the prospect of Major League Baseball returning to Montreal. ", "Honorary Degree Recipients | Board of Trustees | Brandeis University", "Honorary degree citation - CharlesBronfman", "JTS Commencement Recognized Graduating Class of 2017 with Address from Chancellor Arnold M. Eisen - Jewish Theological Seminary", "City of Montreal honours businessman, philanthropist Charles Bronfman - Montreal |",, Canadian people of Russian-Jewish descent, American people of Russian-Jewish descent, Naturalized citizens of the United States, Members of the King's Privy Council for Canada, Articles with dead external links from February 2023, Short description is different from Wikidata, Pages using infobox person with multiple parents, Pages using embedded infobox templates with the title parameter, Creative Commons Attribution-ShareAlike License 3.0. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. The acquisition makes Rogers the largest wireless carrier in Canada. Buyer Jeremy Bronfman. In 2008, married Roche, an architect, in New York City. [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. In February, Mull became president and CEO of two companies, CML Healthcare Income Fund and Cipher Pharmaceuticals Inc., when CML Healthcare Inc. split its laboratory testing and medical imaging business from its R&D department. Enjoy a 7-Day Free Trial Thru May 09, 2023! Stephen's mailing address filed with the SEC is C/O CLARIDGE INC., 1170 PEEL STREET, , , H3B4P2. One of the founding fathers of the Tim Hortons chain, he now owns a luxury golf resort and a chartered jet company. Now that daughter Belinda has left Magna for a seat on Parliament Hill, he seems to have forgotten his former political ambitions. Bronfman attended the state dinner that President Barack Obama held for Trudeau at the White House. Investments that favour the environment, culture, education, entrepreneurship and Jewish life. He feels there is momentum behind baseball returning to Montreal, whether it be the Rays deal or another one. Advertisement . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. But watch out, Peter: the darling is already starting to slide. Other recent insider transactions involving SunOpta Inc (STKL) include The most-recent trade in SunOpta Inc is the 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. He also had his family's first home in Canada a dilapidated coal shed in Deloraine, Man. Hard-working and honest, our staff is entirely committed to growing your business in a way that is as enjoyable as it is profitable. Kenneth Thomson and family: $22.03 billion. Letsgetstarted. 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. We favour simple investment structures that meet the unique needs of sellers. 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. Price $21.5 million Size 6,616 square feet, 5 bedrooms, 6 bathrooms The ongoing pandemic may have thrown a mansion-sized wrench into the U.S. real estate market, but summer's here and there are still billionaires with ample cash reserves for a lavish vacation home. In March, Irving Oil Ltd. was the first Canadian company to be named North American Refiner of the Year by Texas-based Hart Energy Publishing, a major energy sector publisher. 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. premier Glen Clark, Time Inc. CEO Ann Moore and Michael Korenberg, vice-chairman of the Jim Pattison Group. Katz Group Canada Ltd. is planning on spending between $50 million and $100 million a year building and renovating stores. The chairman helped turn Mississauga, Ont.-based Woodbridge Group into a billion-dollar company that develops and produces foam products for the automobile industry. Comprehensive financial expertise and extensive relationships in the business and financial community can be leveraged by our portfolio companies in the context of mergers and acquisitions, IPOs, and financings. In 1976, two New York men accused of kidnapping 21-year-old Samuel Bronfman II were convicted of grand larceny. In 2017, he was caught up in the Paradise Papers scandal. 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. He will stay on as executive chairman. Specs 8,085 square feet, 5 bedrooms, 7 bathrooms. You tell me how to do it, and I'll fund it." Bronfman was named in the Paradise Papers in 2017. His older brother, Edgar Bronfman, Sr., was his fellow co-chair of Seagram. Bronfman and his family came to prominence within Canada as key fundraisers for the Liberal Party of Canada. In June, Paul sold his remaining 38 million shares in Canary Wharf, the grand-scale office and retail development in London that brought the Reichmanns unwanted attention by going into bankruptcy protection in 1992. The Iranian-born millionaire, who lives in a tony Vancouver suburb with his wife, Nezhat, was reportedly B.C. Stephen R Bronfman made Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. He was majority owner of Major League Baseball's Montreal Expos from the team's formation in 1968 until 1991. In the early 1900s, much of the revenue at the family's hotels in Emerson, Manitoba and later in Winnipeg flowed from selling liquor. 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. 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. a net A major modernization project by forestry products maker Kruger Inc. and a Quebec industrial and financial holding company poured $500 million into the Kruger Wayagamack Inc. mill in Trois-Rivires, Que. Set up nearly four years ago to manage the assets of the Mannix family, the Mancal Bank in Barbados, a private international institution, began catering to high-net-worth individuals and companies in December. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. The combined wealth of the top 46 [] With satellite radio growing by leaps and bounds in the United States, Slaight's Standard Broadcasting Corp. partnered with CBC/Radio Canada and Sirius Satellite Radio in February to bring the digital service to Canadians and convince the CRTC of its merits.

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