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Richest People in Canada in 2025: Billionaire Rankings by Net Worth

Richest People in Canada in 2025: Billionaire Rankings by Net Worth

The Ranking evaluates data of the top billionaires in Canada according to their estimated net worth, industry affiliation, and ranking position.

The latest rankings reveal a landscape dominated by media & telecom, with technology and retail.

Beinsure Media analyzed data from The Bloomberg Billionaires Index and compiled a Canada’s billionaires rating.

Canada, long known for its elegance, enterprise, and cultural influence, is also home to a number of individuals who hold considerable financial power.

List of Richest People in Canada by Net Worth

RankNameNet worthIndustry
1Changpeng Zhao$34.1BCrypto
2Sherry Brydson$22.4BMedia & Telecom
3David Thomson$13.9BMedia & Telecom
4Peter Thomson$13.9BMedia & Telecom
5Taylor Thomson$13.9BMedia & Telecom
6Linda Campbell$10.9BMedia & Telecom
7Gaye Farncombe$10.9BMedia & Telecom
8David Cheriton$10.2BTechnology
9Tobi Lutke$9.42BTechnology
10Chip Wilson$9.23BRetail
11Joseph Tsai$9.00BTechnology
12James Pattison$7.41BMedia & Telecom
13Garrett Camp$6.99BTechnology
14Alain Bouchard$6.97BRetail
Source: Beinsure.com by Bloomberg’s data

Canadian Richest People (2025): Billionaire Elite

This list of the country’s wealthiest individuals spans a broad range of industries—from media and telecoms to technology and retail—offering a glimpse into the sectors driving high net worth in modern Canada.

At the top of the list is Changpeng Zhao, with an estimated net worth of $34.1 bn, stands out as one of the wealthiest figures in global finance. Known for founding the cryptocurrency exchange Binance, Zhao’s inclusion reflects the growing influence of decentralised finance and digital assets.

Sherry Brydson, whose $22.4 bn fortune is primarily tied to media and telecommunications, represents a family legacy deeply embedded in media ownership and continues to be a major figure in this domain.

The Thomson familyDavid, Peter, and Taylor Thomson—each possess a net worth of $13.9 bn, maintaining a dominant position in the media and telecoms industry. Their shared stake in Thomson Reuters highlights the enduring profitability of data, information, and publishing.

Other prominent figures in the media sector include Linda Campbell and Gaye Farncombe, both valued at $10.9 billion, as well as James Pattison, who holds $7.41 bn. Their combined influence underscores the sector’s significance in shaping both national and international narratives.

Technology, a major global wealth driver, is represented by figures such as David Cheriton ($10.2 bn), a Stanford professor and early investor in Google; Tobi Lütke ($9.42 bn), founder of Shopify; Joseph Tsai ($9 bn), co-founder of Alibaba; and Garrett Camp ($6.99 bn), co-founder of Uber. Their success stories demonstrate how software, platforms, and early-stage investment continue to generate massive returns.

In the retail space, Chip Wilson ($9.23 bn), founder of Lululemon, and Alain Bouchard ($6.97 bn), known for Couche-Tard convenience stores, show how branding and consumer goods remain resilient routes to wealth.

Together, these individuals not only dominate the national financial landscape but also serve as influential players on the global economic stage.

Their industries—media, technology, finance, and retail—illustrate where innovation and market influence are most heavily rewarded in today’s interconnected world.

FAQ

Who is the richest person in Canada according to the list?

The richest individual listed is Changpeng Zhao, with an estimated net worth of $34.1 bn, largely derived from his role in the global cryptocurrency exchange Binance.

Why are so many billionaires in Canada involved in media and telecom?

Media and telecoms are long-established industries in Canada with deep roots in publishing, broadcasting, and information services. The Thomson family and others like Sherry Brydson have inherited or built vast fortunes through ownership stakes in major media corporations.

How did David Cheriton become wealthy?

David Cheriton, a professor and early investor in Google, earned a significant portion of his wealth from his early stake in the tech giant, as well as other successful tech investments and ventures.

Which industries dominate Canada’s billionaire class?

The top sectors represented include media & telecom, technology, finance, and retail, reflecting both traditional and emerging avenues of wealth generation.

Are there women among Canada’s richest people?

Yes, notable female billionaires include Sherry Brydson, Taylor Thomson, Linda Campbell, Gaye Farncombe, and others, highlighting strong female representation, particularly in media and family-held businesses.

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Edited by Nataly Kramer – lead finance editor at Beinsure Media