[1] SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. This fall, it announced it was selling $900 million worth of notes to partially fund the redemption of $1.2 billion worth of debt securities. He is married to Claudine Blondin. He had some early successes and ascended to the top job in 1997. Bronfman has had some setbacks. Bronfman said almost all construction materials and labour were locally-sourced, but imported German windows and doors were necessary to ensure the building's very tight envelope. Not having a predetermined fund life gives us the flexibility to make long-term decisions for the well-being of the company. A fan favorite, he's still referred to in Montreal as "Le Grand Orange" for the color of his hair. 83. sale 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. The family-owned company now has sales of some $450 million a year and continues to expand. 15. In 2016 Bonfman closed the charity, which was planned over years. 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. Global perspective enables us to identify sectors with potentially better opportunities, make key introductions to new markets, recruit new personnel, and make acquisitions. It was a very good year for the Thomson Corp. 10 percent owner Bam Partners Trust 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. Broad investment mandate gives us the flexibility to pursue a range of investments types. The Expos came back to defeat the St. Louis Cardinals 8-7. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. We report to one owner who plays an integral role in decision-making and works closely with the senior leadership team. Married 1961. The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. 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. In September, Weston's supply of Wonder Bread became tenuous as its supplier, Interstate Bakeries Corp., filed for bankruptcy protection, blaming diet preferences, heavy debt and high costs. Edgar Bronfman Jr. is Edgar's son. Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. He hopes the deal gets done, so that he can attend opening day with his 88-year-old father. Pattison and his guests had a scare this September when they were evacuated from his 150-foot luxury yacht after a fire broke out in the engine room. Enjoy a 7-Day Free Trial Thru May 09, 2023! PHOTOS BY VINCENZO D'ALTO. 48. A new member to the list, the CEO of Alimentation Couche-Tard started off in the convenience store business as a teenager, stocking shelves at a local depanneur. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $591,868. Minto president Roger Greenberg denied any involvement. 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. The most active insiders traders include Face Capital Inc.Boland Gre, Organics, L.P.Oaktree Fund , and Advisory Partners Lp Ardsle. Past performance is a poor indicator of future performance. Benjamin Bronfman. But the mystery buyers may not even need to . We are also very active in co-investments with our private equity partners. The Bronfman name may not be well known in these parts, but the family has a long and storied history in Canada, dating to when the clan fled the anti-Semitic pogroms in Moldova in 1889. In October, he was advised by the RCMP that his company, Royal Group Technologies, was part of an investigation into allegations it deceived or defrauded shareholders regarding money transferred to a luxury Caribbean resort controlled by De Zen. Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management In the Maritime turf war between Bragg's three-year-old EastLink Telephone and BCE's Aliant Inc., EastLink won. Our direct private equity portfolio spans food and restaurants, media and entertainment, real estate, and technology. And having roots. The respected Toronto developer got some unfortunate attention in December 2003 when one of his buildings, the landmark Uptown Theatre in downtown Toronto, collapsed during demolition, killing one person and injuring 14 others. 4. sale other: See Footnote 1 Engaged Capital Special Situation Fund, Lp Buyer Jeremy Bronfman. He was majority owner of Major League Baseball's Montreal Expos from the team's formation in 1968 until 1991. sale Our portfolio composition is carefully shaped to reflect the optimal mix between economic sectors and geographies. Sold (or bought if negative) in USD ARDSLEY AD WEST FACE Engaged Capi Reisman's pride, Indigo Books & Music, is suffering quarterly losses and has decided to focus less on books and more on gifts. Only the transactions in Open Market or Private Sale at the market prices are included. The company reported a 2.5% increase in annual net sales and also announced plans to open a $43.3-million french fry processing facility in northeast China. SVP Research Development & QA Bryan P Clark In 2006, Stephen's father's second wife died after a car hit her in New York City. Coutu's pharmacy company became the fourth-largest North American drugstore chain in August when it purchased 1,549 Eckerd stores. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net worth to about $2.9 billion. At the Wednesday news conference, Bronfman looked tanned and fit, dressed in a navy blue jacket, light blue shirt and no tie. Specs 8,085 square feet, 5 bedrooms, 7 bathrooms. He'd seen his father come home from work everyday in a suit and tie and didn't think it was for him. Workers were still shoveling snow and bolting in the seats as fans arrived, according to television news reports. Creating a legacy. 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. Please help to demonstrate the notability of the topic by citing, Learn how and when to remove these template messages, Learn how and when to remove this template message, "This block used to be for first-time homebuyers. 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. The firm has invested in artist tours by the Rolling Stones, Madonna, and Crosby, Stills, Nash and Young. About 285 guests attended the lavish ceremony. Stock quotes provided by InterActive Data. James (J. K.), Arthur and John (Jack) Irving: $4.99 billion. The "Mega Group" would meet twice a year for two days of seminars related to the topic of philanthropy and Jewishness. [8] In 1982, a day after the Montreal Alouettes of the Canadian Football League collapsed due to financial troubles, Bronfman bought their remains and used them to start a new franchise, the Montreal Concordes. As part-owner of Maple Leaf Sports & Entertainment Ltd., he was in talks with the Toronto Argonauts earlier this year to jointly acquire Varsity Stadium at the University of Toronto. In 1990, he enrolled in Montreal's Concordia University to study geology, but the business bug was starting to take hold. 79. In 1998, Steven Spielberg spoke about his personal religious journey, and later the group discussed Jewish summer camps. We evaluate each potential transaction based on its own merits. He wants a new team so that the next generation of youngsters and adult fans can make similar memories. 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. Many people ask this question about the money Stephen Bronfman makes from Facebook. The company, which bought out package maker Dopaco, posted losses early in the year but reported a sevenfold increase in third-quarter profits. He doesn't need to be No. Targeted networks and partnerships allow the foundation to build on the best practices that answer needs with concrete solutions and that broaden its reach. SunOpta Inc (STKL) 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. In 2000, Stephen's cousin Edgar Bronfman Jr. sold the liquor business in favor of the entertainment industry, a disastrous financial move that at one point cut the family's $6.5 billion net. a net The CEOWORLD magazine Quarterly Rich List 2020 has revealed Canada's wealthiest people. Attendance averaged just under 15,000 a game, middle of the pack among the 12 National League teams. Stephen R Bronfman around $4 Million. Creating a legacy. The family, led by Stephen's grandfather Samuel, began distilling and selling cheap booze, sometimes using fake labels like Johnny Walker instead of Johnnie Walker. Once touted as Air Canada's saviour, Li pulled Trinity Time Investments Inc. out of a $650-million bailout investment in April. Other transactions such as conversion of derivative security or exercise of options are not included. In January, the family's investment firm bought floundering chartered aircraft company Starlink Aviation. Low-carb diets dealt a blow to Weston's food empire this summer as consumers avoided white-flour bakery products; second-quarter earnings took a 27% dive the biggest in four and a half years. Stephen R Bronfman made The elder Bronfman sold his shares in the team in 1991. . 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. of 2,013,459 shares made by Engaged Capital Llc It's why he's so excited about the Rays deal. His personal net worth [he had set aside some personal living money before he handed over the reins to his son] was estimated to be several billion. 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. We understand the benefits and risks of financial leverage. He kept a low profile this year. Bronfman's son, Stephen, runs Claridge,. a net 1 all the time, coddled and catered to like some members of the business elite. Flat and agile operating structure enables us to make decisions quickly and provide prompt feedback. A unique mix of entrepreneurial thinking, deep financial expertise and integrity. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside world. In October, Kolter Property Co.'s Toronto office portfolio was sold to German investors for $492 million. 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. 82. Contact Graham Brink at gbrink@tampabay.com. The company almost went bankrupt in 2001 but, after a financial restructuring, emerged as one of Romania's top telecoms. 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. We prefer control, but also invest in significant minority situations where we have strong influence over the companys destiny. Heiress to the Seagram liquor fortune, Clare Bronfman was sentenced to six years and nine months in prison Sept. 30, 2020 for her role in the NXIVM sex cult scandal.She was originally charged for the crimes in April 2018, when she was released on a $100 million bond, thanks, in part, to Clare Bronfman's net worth.Her sentencing was more than the prosecutors had recommended. "[11], He and Michael Steinhardt co-founded Taglit Birthright, a program which provides a free, educational travel experience to Israel for young Jewish adults. Alfredo (Fred) DeGasperis: $645 million. Paul Bronfman: BCE's $3.38 Billion Astral Media Takeover is 'Bittersweet' The acquisition of the Canadian radio and TV giant, which operates HBO Canada, caps off a long and successful . The Goldhar brothers sold nearly three dozen of their First Pro shopping centres to Calloway Real Estate Investment Trust this year, and their company was the landlord of choice for big-box chain Wal-Mart Canada Corp. That's good news for Mitchell, who also has part ownership of the trust. But the deal collapsed, clearing the way for local businessman Francesco Aquilini to buy 50% of the Canucks in November. Claridge, founded in 1987 by Stephen Bronfmans father Charles Bronfman, and its predecessor company, Cemp Investments Ltd., have been active private equity investors for over five decades. Kenneth Thomson and family: $22.03 billion. Stephen Bronfman net worth is $10 Million Stephen Bronfman Wiki: Salary, Married, Wedding, Spouse, Family . A former lieutenant-governor of Ontario with a family heritage in financial services and income trusts, he emerged this year as a fierce critic of fallen newspaper tycoon Conrad Black, a one-time friend. 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. [5], Bronfman and his brother, Edgar, inherited the Seagram spirits empire in 1971 after the death of their father, Sam Bronfman. 71. In 1990, he studied geology at Concordia University. As a direct beneficiary of the fortune created from the Seagram empire during its 80 year period under Bronfman control, the family office multiplied the value of the Seagram cash flow by continually reinvesting in a myriad of ventures, ranging from chemical production to real estate. The high-profile guests included former B.C. Pierre Karl and rik Pladeau: $480 million. The Quebec telecom entrepreneur stepped down as chairman of Telesystem International Wireless Inc. in July. Our approach can appeal to family-owned businesses and select public and sponsor-owned companies. 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. The family's trials and tribulations have kept them in the news. 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. The youngest son of Hong Kong billionaire Li Ka-Shing, Richard uncharacteristically left the limelight to his older brother, Victor, this year. Details can be seen in Stephen R Bronfman's Latest Holdings Summary section.
What To Do If A Powerline Is Sparking,
Why Did Vitalchek Cancel My Order,
Lake Cabins For Sale In Utah,
Articles S
