Top Billionaires: Who Are The Richest Canadians?

  • November 19, 2020 04:03 AM EST
  • Team Kalkine

The pandemic crisis may have forced the Canadian economy to come to a standstill and evaporated millions of jobs overnight, but it also brought a silver lining for a handful. A recent survey by Canadian Centre for Policy Alternatives claimed the top 20 wealthiest citizens of Canada added an astonishing $37 billion between March to September. While the nation’s economy sunk to depths not seen since the Great Depression of the 1930s, the rich got richer.

* At the fifth spot is HUANG CHULONG with a net worth of $5.1 billion. This real-estate mogul is a self-made billionaire. Chulong holds Canadian citizenship but lives in China. He is the chairman of the Galaxy Group, a private real estate developer based in the southern Chinese city of Shenzhen.

* DAVID THOMSON and family, owners of media behemoth Thomson Corporation, hold the uno spot with a net worth of $31.6 billion. Between March to September this year, the family’s wealth swelled by $8.8 billion. The family inherited the media and publishing empire that was founded by Roy Thomson. They also have stakes in telecom giant Bell Canada and Globe and Mail newspaper.


The website is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001. The principal purpose of the content on the website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK