The former specializes in commercial and industrial real estate while the latter manufactures vinyl and various hi-tech building materials. Back by popular demand, De Zen went on to establish ZZEN Group of Companies Ltd and Vision Group of Companies. Ever the eternal industrialist, this aristocrat landed squarely on his feet. Within 10 years, De Zen et al turned a quarter million-dollar operation into a $100 million dollar beast that eventually rebranded to Royal Group Technologies ltd.īut in 2004, allegations of fraud and bad press forced Vic to sell his life’s work. Together with two of his co-workers, Vic established Royal Plastics in 1970 – Canada’s first ever domestic plastics extruder. Canadian Business puts this go-getter’s net worth at about $1.3 billion.ĭisillusioned by the empty promises of his Canadian employer, De Zen decided only he should be in charge of his success. Venetian born and Swiss trained tool and die maker, Vic De Zen used his vocational background to turn a three-man start-up into Canada’s largest plastic producer. His latest philanthropic passion-project is transforming Amherstburg, where he currently resides, into “the best small town in Ontario.”
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Unafraid to lose a few friends, Peddie reduced the price of NHL tickets to make hockey more accessible to fans. He has consistently been a champion for the little guy. Peddie’s $1.2 billion net worth is out matched only by his heart. Peddie is best known, and beloved, for turning the Toronto Maple Leafs into one of the most valuable sports franchises in the NHL during his tenure as President and CEO. This marketing whiz made quite a splash and soon landed prestigious CEO gigs at the likes of Pillsbury, SkyDome (now Rogers Centre), The Toronto Raptors and Maple Leaf Sports & Entertainment – and the list goes on. The Odette School of Business grad started out in the Sales and Marketing Departments of Colgate and Kraft. Celebrity Net Worth estimates his fortune at 1 billion USD (1.21 billion CAD). His storied success tells the tale of how even a working-class kid can rise from humble beginnings to Canadian billionaire with a little grit, wit and heart. Hailing from just outside Windsor Ontario, Canadian wunderkind, Richard Peddie, has the Midas touch. If we can learn anything from these billionaires, it’s that a little elbow grease and a couple of bootstraps are among Ontario’s richest resources. So, if you’ve ever wondered who the richest Ontarians living outside of Toronto are, here’s a quick list to tickle your fancy. It should come as no surprise that the hub of manufacturing, real estate development and commerce has helped feather the nests of some of Canada’s most prolific go-getters.
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Home to almost half of all Canadians, there’s a bevy of opportunities in cities such as Windsor, Guelph or Oakville. Ontario is the economic powerhouse of Canada, but Toronto can’t take all the credit.