The 12 Billionaires of Quebec

Microsoft founder Bill Gates retains his crown. He is still the richest man on the planet. His fortune is $ 86 billion, according to Forbes magazine. The second being the American Warren Buffett with a portfolio of $ 75.6 billion. Across the province, who are these millionaires who have built Quebec jewels?
Emanuele (Lino) Saputo, 80, $ 5.6 billion, 269th in the world and 6th in Canada
Born in 1937, Lino Saputo assisted in 1954 in the founding of the dairy company Saputo in Montreal. The young businessman and his family then had $ 500 in their pockets to buy equipment, including a bicycle for deliveries. In 1957, the company built its first installations in the Saint-Michel district. Today, the company, which specializes in cheese, has an income of $ 10.99 billion, owns 53 factories and employs 12,500 people. A lover of cars, he has hundreds, Mr. Saputo announced that he will retire next August, says Forbes. The Saputo family also owns shares in TFI International, the Montreal Impact and several real estate projects.
Alain Bouchard, 68, $ 3.3 billion, 581th in the world and 11th in Canada
Alain Bouchard, founder of the Couche-Tard chain of convenience stores in Laval in 1980, has had one last eventful year. In February 2016, the company formalized the transaction for Topaz Energy Group. The latter had 444 service stations in Ireland. In March, the company revealed that it had grabbed Esso (279) gas stations owned by Imperial Oil for $ 1.7 billion. In August, Couche-Tard announced the acquisition of CST Brands, a Texan company, for $ 4.4 billion. Serving as Chairman of Alimentations Couche-Tard, Mr. Bouchard now manages a company with a turnover of US $ 34.1 billion and has more than 12,000 stores around the world.
Robert Miller, 71, $ 2.7 billion, 745th in the world and 14th in Canada
The billionaire Robert Miller was one of the founders in 1968 of the company Future Electronics. It is now one of the world’s largest distributors of electronic components, with over $ 5 billion in sales. Its head office is located in Montreal and has 169 branches in 42 countries. Eight years after the start of the business, Mr. Miller bought out his partner’s shares for $ 500,000. According to Forbes, the businessman rarely gives interviews and refuses to be photographed. He also believes in cryogenics, the science allowing the freezing of the body to resuscitate the person later.
Charles Bronfman, 85, $ 2.3 billion, 896th in the world and 16th in Canada
Businessman Charles Bronfman sold his wines and spirits company, Seagram, in June 2000 with family members to Vivendi for $ 34 billion. Since then, he has written two books ( The Art of Doing Good and The Art of Giving ) and has devoted much of his time to philanthropy. Over the course of his career, Mr. Bronfman has distributed more than $ 350 million through his foundations. He has supported a number of causes, including the promotion of Canadian culture and the Jewish community. He was also one of the owners of the Montreal Expos (1968-1990).
Jean Coutu, 89, $ 1.9 billion, 1098th in the world and 21st in Canada
In 1969, Jean Coutu opened with his associate his first pharmacy of the same name in Montreal. Today, the company has more than 415 franchised stores across the province, as well as in New Brunswick and Ontario. During the year 2015, the company moved its head office from Longueuil to Varennes. Since 2004, the group has been the fourth largest pharmacy chain in the country. The company, which listed itself in 1986 (TSE: PJC.A), employs more than 20,000 workers. Jean Coutu still holds the position of Chairman of the Board of Directors.
Jacques D’Amours, 60, $ 1.6 billion, 1290th in the world and 25th in Canada
The chain Couche-Tard convenience stores will not have made a billionaire. Jacques D’Amours also helped bring Quebec’s flagship to life in 1980. On September 2, 2014, the businessman retired as vice-president responsible for administration. He always works on the board of directors.
Marcel Adams, 96, $ 1.5 billion, 1376th in the world and 26th in Canada
Marcel Adams has a career and a fortune in the real estate world. In the Quebec City area, he was the father of the Galeries de la Capitale, inaugurated in 1981. His company, Developments Iberville, owned 50% of the Lebourgneuf shopping center. In 2005, it sold its shares. Founded in 1958, the company owns and manages nearly 8 million square feet of real estate and more than 100 properties across Canada and the United States. According to Forbes, Adams, who was born in Romania in 1920, began his career in Canada working in the leather industry. In 2015, the company made a lot of ink after a CBC report revealed that the Adams family had hidden $ 800 million in a bank account in Switzerland. Mr. Adams’ son, Sylvan, had taken up the torch of the ”
Serge Godin, 67, $ 1.5 billion, 1376th in the world and 26th in Canada
Businessman Serge Godin founded the Canadian technology firm CGI Group (Management and Information Technology Consultants) in 1976 with his associate at the age of 26. The duo, who had $ 5,000 in pocket, started the firm in the basement of Mr. Godin’s residence in Orsainville. CGI Group now has more than 68,000 employees in 400 offices and 40 countries. Mr. Godin, who has an MBA at Laval University, is still serving as Chairman of the Board of Directors. Over the course of his career, he completed more than 70 acquisitions, including Bell Sygma in 1998. The company now generates annual revenues of more than $ 10 billion.
Guy Laliberte, 57 years old $ 1.4 billion, 1468th in the world and 30th in Canada
Guy Laliberte started Cirque du Soleil in 1984 after crossing the streets of the province as a public entertainer. According to Forbes, Cirque du Soleil has presented to more than 160 million spectators and more than 400 cities around the world. In 2015, private equity firm TPG Capital became the majority owner of the entertainment group. The Chinese firm Fosun Capital Group and the Caisse de depot et placement du Quebec have also become shareholders. Mr. Laliberte, who sold the company for $ 1.5 billion, retained only 10% of its shares.
Stephen Jarislowsky, 91, $ 1.3 billion, 1567th in the world and 34th in Canada
An independent investment management firm in Canada, Jarislowsky Fraser was founded by Stephen Jarislowsky on June 6, 1955. The company now manages more than $ 35 billion in assets. Mr. Jarislowsky has resigned from his position as CEO in 2012. He still sits on the board of directors. The businessman is a collector of Chinese and French art. It also holds a 2000 acre island near Vancouver.
Aldo Bensadoun, 78, $ 1 billion, 1940th in the world and 38th in Canada
Founder of the Aldo Shoe Chain
Pierre Karl Peladeau, 55, $ 1 billion, 1940th in the world and 38th in Canada
Principal shareholder of Quebecor. The company owns Le Journal de Montreal and Le Journal de Quebec .

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