Chip Wilson (left) and wife Shannon Wilson

Canada’s 100 Richest People for 2014

Canadian Business magazine's rankings list three British Columbians in its Top 25, including Chip Wilson and Jim Pattison.

Canadian Business has released its list of the 100 richest Canadians, led by the Thomson Family (Thomson-Reuters) and Galen Watson (who owns Loblaws) and three British Columbians in the Top 25: the Lalji Family, Chip Wilson, and Jim Pattison.

The Lalji Family, which owns Larco Investments Ltd., clocked in with $2.56 billion. Lululemon founder Chip Wilson – who has come under fire recently for his mouth, not his pockets – is B.C.’s second-richest man with a value of $3.73 billion. And James Pattison, an individual owner of several groups and companies, ranked first in the province, worth $7.39 billion.

Pattison’s holdings include Overwaitea supermarkets, Ocean Brands seafood, and the Jim Pattison Broadcast Group.

The magazine said Canada’s super rich only got super richer, increasing their worth on average by 15 per cent.

“Collectively, the individuals on the Rich 100 are worth $230 billion, more than the total gross domestic product of many countries in the world, including New Zealand, Ireland and Portugal,” wrote CB‘s staff. “And this year has been one of their best ever. Their combined net worth surged by more than 15 per cent, the biggest increase since 2000.”

Since Canadian Business started its rankings in 1999, the wealth of the 100th richest person in Canada has risen from $309.6 million to $728 million.

Not everyone leaves 2013 unscathed, however, as mining magnates tumbled.

“Anyone tied to mining, which is undergoing a global rout, suffered badly, however,” reports the magazine. “Gold bug Eric Sprott was dealt a huge blow, falling 17 per cent (more than $200 million). Silver-tongued mining promoter Robert Friedland dropped 14 per cent ($42 million). Rob McEwen’s mining company is struggling so badly he tumbled off the Rich List entirely.”

Also in B.C.’s top five are Burnaby’s Brandt C. Louie (owner of H.Y. Louie Co.) and Vancouver’s Bob Gaglardi (Northland Properties).

As for the richest of the richest, the Toronto-based Rogers Family weighed in with $7.6 billion, built off their Rogers Communications empire. Galen Weston (whose domains include Loblaws supermarkets and Holt Renfrew) is worth $10.4 billion.

The Thomson Family placed first in Canada – by a large distance – with $26.1 billion.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

VicPD confirms wolf sighting in James Bay

Police ask that children and pets be taken inside

VIDEO: Furry, four-legged donors make their way to doggy blood drive in Langford

WAVES and Canadian Animal Blood Bank host blood drive for dogs

Annual Salmon Carcass Transplant draws Saanich residents to Douglas Creek

More than 100 frozen salmon tossed into the creek as part of ecological restoration

Colwood hosts open house on future of Royal Bay community

Event takes place on Jan. 22 at Royal Bay Secondary from 6 to 8 p.m.

WATCH: Police warn car break-ins are on the rise in Greater Victoria

Residents can ‘take precautions to make their vehicle undesirable,’ says VicPD spokesperson

‘Presumptive case’ of coronavirus in Canada confirmed by Ontario doctors

Man in his 50s felt ill on his return to Canada from Wuhan, China

VIDEO: Drone footage shows extent of damage in Highway 4 rockslide

Tofino, Ucluelet still cut off from rest of the island, as crews work to repair roadway

People knowingly take fentanyl so make policy changes to reduce harm: B.C. study

Dr. Jane Buxton, an epidemiologist at the centre, says drug users need more resources,

‘My heart is going to bleed’: Bodies brought back to Canada following Iran plane crash

Remains of Sahar Haghjoo, 37, and her eight-year-old daughter, Elsa Jadidi, were identified last weekend

UBC grad and sister killed in Iran plane crash had bright futures ahead, close friend says

Asadi-Lari siblings Mohammad Hussein and Zeynab were two of 57 Canadians aboard downed Flight PS752

BCLC opens novelty bet on Harry and Meghan moving to the west coast

Meanwhile, real estate agency points to four possible homes for the family

Canada slips in global corruption ranking in aftermath of SNC-Lavalin scandal

The country obtained a score of 77, which places it at the top in the Americas

Wuhan bans cars, Hong Kong closes schools as coronavirus spreads

Hong Kong leader Carrie Lam said her government will raise its response level to emergency, highest one

Most Read