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City News

25 Canadians made Forbes’ billionaires list (and two notables did not)

By Frances McInnis
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We’re not sure if the “one-per-center” label is exclusive enough for the 25 Canadians who made it onto Forbes magazine’s annual billionaires list (after all, for them, $196,000 is chump change). Like last year, several Torontonians made the cut, led by Thomson Reuters chairman David Thomson and family, whose $17.5 billion netted the 35th spot (a big drop after they placed 16th last year—but we bet they’re still getting by). Also on the list again: Loblaws owner Galen Weston and family ($7.6 billion, 121st) and Magna International’s Frank Stronach ($1.2 billion, 1015th). After scanning Forbes’ gallery, though, we realized two familiar faces were missing—looks like former Research in Motion CEOs Jim Balsillie and Mike Lazaridis no longer qualify. Poor guys. Read the entire story [Forbes] »

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