Over the last 22 years, insiders at Sunopta have traded over $83,836,324 worth of Sunopta stock and bought 13,994,932 units worth $88,266,116 In April 2013, Bronfman was one of 100 prominent American Jews who sent a letter to Israeli Prime Minister Benjamin Netanyahu urging him to "work closely" with Secretary of State John Kerry "to devise pragmatic initiatives, consistent with Israel's security needs, which would represent Israel's readiness to make painful territorial sacrifices for the sake of peace. other: See Footnote 1 Engaged Capital Special Situation Fund, Lp sale We favour simple investment structures that meet the unique needs of sellers. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. 0 transactions in SunOpta Inc (STKL) over the past 5 years. The firm employs some 30 investment and administrative professionals. Stephen Bronfman Spouse: Claudine Blondin Bronfman, Stephen Bronfman Parents: Charles Bronfman, Barbara Baerwald Bronfman. You tell me how to do it, and I'll fund it." The Winnipeg-based Richardson clan, known for making its money in the grain industry, signalled a return to its roots in the financial services sector last summer when Richardson Financial Group Ltd. launched a $325-million private equity fund. Want more of our free, weekly newslettersinyourinbox? [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. 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. The most-recent trade in SunOpta Inc is the A fan favorite, he's still referred to in Montreal as "Le Grand Orange" for the color of his hair. . 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. Stephen Bronfman was a young boy when the Expos first arrived in Montreal. 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. It was at an early meeting of this foundation (originally the CAB Foundation) that he asked the members, "If television can use 30 seconds or 60 seconds to persuade people that Cadillacs or cornflakes are interesting, couldn't we also use that short piece of time to persuade Canadians that their history is interesting? We evaluate each potential transaction based on its own merits. With stakes in everything from seafood to nursing homes to pulp and paper, the Jodrey empire also has a 25% interest in Nova Scotia's provincially funded gas distribution project, Heritage Gas Ltd. After his quiet departure from ATI Technologies Inc. in 2000, Lau helped launch Dr. 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. Reisman's pride, Indigo Books & Music, is suffering quarterly losses and has decided to focus less on books and more on gifts. We report to one owner who plays an integral role in decision-making and works closely with the senior leadership team. SunOpta Inc is a Canadian company that focuses on a healthy product portfolio. 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. Sold (or bought if negative) in USD ARDSLEY AD WEST FACE Engaged Capi KENDALL JE 4. We are not only chosen for our capital, but also for the type of partnership and guidance we can offer. Marcoux said Transcontinental will retain its dual-class share structure, which gives his family 62% of the votes with only 15% of the equity in the $2-billion company. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. Bad things come in threes: first Moody's Investor's Service announced on Nov. 12 that it was downgrading Bombardier debt to junk status, then its Class B shares hit a decade low of $2.53 on Nov. 15, and finally a Bombardier regional jet exploded and crashed into a Mongolian lake on Nov. 21, killing 54 people in China's deadliest aviation disaster since 2002. [2], Bronfman was born into a Jewish family in Montreal. Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management In 1999 he was named a director of Seagram, his family's conglomerate. But so far, the US$2.3-billion acquisition has only managed to drag first-quarter earnings down by 29%. When asked by a reporter what he would do if he suddenly lost all of his money, the star pension fund manager and corporate governance rabble-rouser replied: I would start another company like my own and look for even better guys to work with than I've had. Once touted as Air Canada's saviour, Li pulled Trinity Time Investments Inc. out of a $650-million bailout investment in April. PHOTOS BY VINCENZO D'ALTO. 82. On average, Sunopta executives and independent directors trade stock every 22 days with the average trade being worth of $636,028. History Community Involvement He and his wife have given away millions of dollars to educational, cultural, environmental and Jewish groups through the Claudine and Stephen Bronfman Family Foundation. It's why he's so excited about the Rays deal. In February, the McGill University faculty of management's 24th annual Management Achievement Award honoured Currie, former president of George Weston Ltd., for his business leadership and contributions to the community. It was out of that discussion that the Heritage Minutes were conceived, piloted, distributed through cinemas and broadcasters across the country, and then confirmed as a major contribution of the foundation which a few years later became Historica, recently merged with the Dominion Institute. a net The "Mega Group" would meet twice a year for two days of seminars related to the topic of philanthropy and Jewishness. He attended Trudeau's wedding in 2005 and the Trudeaus have visited the Bronfmans' farmhouse near Mont Tremblant, Maclean's magazine reported. of 2,213,078 shares. In 1998, Steven Spielberg spoke about his personal religious journey, and later the group discussed Jewish summer camps. Stephen Bronfman Net Worth Stephen Bronfman Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. He's an anglophone married to a francophone raising four children in both languages. Claridges differentiating characteristics go far beyond the expected in the industry, and upon meeting our team, new partners quickly realize what makes us unique. On June 27, Stephen Bronfman, chairman of Claridge SRB Investments Inc. and Charles Bronfman's son, was married at his 15,000 square-foot Westmount mansion under such tight security that even the bride's identity was kept from the media until after the ceremony. 1 all the time, coddled and catered to like some members of the business elite. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In 2016 Bonfman closed the charity, which was planned over years. You might contact Stephen R Bronfman via mailing address: C/o Claridge Inc, 1170 Peel Street, Montreal Canada H3b E6 00000. Creating a legacy. We have a longer-term outlook than most investors. Sharp kept rein over his lodging kingdom in May when 94% of shareholders voted down a motion to do away with the dual-share structure that gives him control over Four Seasons Hotel and Resorts Inc., even though he owns only 12% of the stock. Then global investors bought in", "Secret money. National Basketball Association net worth, Republican Party (United States) net worth, United States House of Representatives net worth, United States Department of the Treasury net worth, Royal National Lifeboat Institution net worth, Royal Society for the Protection of Birds net worth, New York City Department of Buildings net worth, National Grid Corporation of the Philippines net worth, CORRUPTION: What happened to Grant Solomon? 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. "He's definitely a big fish is a medium sized pond.". Our third-party managed funds include long only public equities, hedge and private equity funds. In 1990, he studied geology at Concordia University. Her Lebanese immigrant father started out as a door-to-door clothing salesman. His forestry company, Tolko Industries, won a hostile takeover bid for Riverside Forest Products. Get notification with the latest net worth updates for free. 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. Scarlett Johansson. Over the past 18 months, Bronfman's son, Stephen, runs Claridge,. 79. Empire Co., the parent company of successful grocery chain Sobeys, appointed its first ever unrelated chairman in September, as the company reported a 9% increase in first-quarter revenues. Gail Regan, Rosemary Phelan and Holiday Phelan-Johnson: $400 million. 2004-2023 GuruFocus.com, LLC. He will stay on as executive chairman. The Vancouver-based family also continued to manage investments in real estate and pulp and paper through its privately owned conglomerate, Belkorp Industries Inc. Stroll was spotted vacationing with former Gucci designer Tom Ford on the Caribbean island of Mustique last December, prompting one local to speculate on the hatch of the next big fashion labelright here on this tiny island. But for now, Stroll will keep his day job as co-chairman of upscale New York fashion label Michael Kors. Photo by Andrew Vaughan / The Canadian Press Our hedge portfolio is allocated across a spectrum of strategies with a focus on long/short equity funds, event-driven/distressed funds, and multi-strategy funds. 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. Majority investments requiring approximately $15-$30 million of equity contribution. He was the largest claimant of 86 investors who filed a lawsuit in February over US$570 million in losses by a U.S. hedge fund group. Bratty, head of his family's property development company, Remington Group, was a major donor. "It was a family tragedy."[3][6]. As executive chairman he has overseen the firm's direct private equity portfolio invest, amongst others,[3] in: Cirque du Soleil, CPI, Dick Clark Productions, TSN, Solotech, The Next Adventure, 49TH Parallel, Champlain Seafood, Circle Foods, NYSE, Tour Telus, Bassins dy Havre, Eagle Creek, Busbud, Cloudify, Facebook, Gigaspaces, Luxury Retreats. The corporate cowboy and chairman of Calgary-based power and engineering giant ATCO Ltd. lost his battle with city council over a planned housing development to be built next door to his family's sprawling 300-acre equestrian park in the foothills of the Canadian Rockies. Charles Bronfman. [5], Bronfman and his brother, Edgar, inherited the Seagram spirits empire in 1971 after the death of their father, Sam Bronfman. He'd seen his father come home from work everyday in a suit and tie and didn't think it was for him. Our direct private equity portfolio spans food and restaurants, media and entertainment, real estate, and technology. Insiders are limited to only officers and/or directors of the company. 14. According to the SEC Form 4 filings, Stephen R Bronfman has made a total of Unlike institutional funds, we do not have multiple committees to reach a consensus to obtain required authorizations. Bronfman's firm teamed up with renowned concert promoter Michael Cohl to produce tours for the likes of Madonna and the Rolling Stones, and musicals including the award winning Spamalot. The grandchildren of wealthy patriarchs often give or fritter away the family money, Moore said. 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. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. We are a growth-oriented investor with experience across a variety of economic sectors. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. We take governance seriously and adhere to the highest industry standards. 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 . Stephen R Bronfman made "I had the best time because I believe in (this project)," he said on talk radio afterward. The Greenbergs made headlines of a different kind last year when a copy of Maher Arar's 1997 lease agreement with the family's Ottawa-based Minto Developments Inc., was allegedly used by the FBI to connect the Syrian-born Canadian with an al-Qaida operative. This investment adviser does not provide advice to individual investors. We seek to partner with and invest in high-quality businesses with strong and defensible market positions. Making an impact. . The company's operating segment includes Plant-Based Foods and Beverages and Fruit-Based Foods and Beverages. [3][4], Bronfman held various positions in the family's liquor empire, Seagram, from 1951 to 2000. It's been a wild ride for the Calgary mining promoter who saw his personal net wealth skyrocket 250% in last year's Rich 100. Business must be hopping for Katz's private drugstore empire. 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. 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. . 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. At left is and Pierre Boivin. In the 2010 article "The Heiresses and the Cult", Vanity Fair detailed how Sara and Clare Bronfman had given up to $150 million to NXIVM, a group their father referred to as a cult. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. Because she is the youngest daughter of a billionaire, she has had more exposure to the outside world. Our investment experience, coupled with our expertise in identifying transformational opportunities and adding value to portfolio companies, has helped us achieve superior risk-adjusted returns over the long term. The real estate family made a killing on the merger of Canadian Apartment Properties Real Estate Investment Trust and Residential Equities Real Estate Investment Trust (ResREIT) in June. He denies wrongdoing, but was removed as chairman in late November over another questionable transaction. Global perspective enables us to identify sectors with potentially better opportunities, make key introductions to new markets, recruit new personnel, and make acquisitions. In 1990, he studied geology at Concordia University . Canadian Business Tom Ford. Opportunities to implement operational value creation initiatives. The Quebec telecom entrepreneur stepped down as chairman of Telesystem International Wireless Inc. in July. With satellite radio growing by leaps and bounds in the United States, Slaight's Standard Broadcasting Corp. partnered with CBC/Radio Canada and Sirius Satellite Radio in February to bring the digital service to Canadians and convince the CRTC of its merits. Under the leadership of Charles and brother Edgar, it controlled billions of dollars in liquor, real estate, oil and gas, and chemical companies. Details can be seen in Stephen R Bronfman's Latest Holdings Summary section. Our private equity funds program is invested globally with some of the world's leading private equity funds that we have strong relationships with. The chairman helped turn Mississauga, Ont.-based Woodbridge Group into a billion-dollar company that develops and produces foam products for the automobile industry. Although shares in Friedland's Ivanhoe Mines Ltd. have since returned to more earthly levels (dropping him 18 spots on the list), his Mongolian copper and gold project continues to churn out good news. The bid for Riverside was worth $377 million, and Thorlakson assumed CEO duties on Nov. 1. [13] : 1, 3 In their 2017 list that ranked Canada's top 100 richest people, Toronto-based Rob McEwen of McEwen Mining, ranked 100th with a net worth of C$875 million, while number 1 on the listthe Toronto-based Thomson family of Thomson Reuters had a net worth of C$39.13 billion.
Asge Guidelines Choledocholithiasis, Tele Intensivist Jobs, Articles S