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OLD MONEY, NEW MONEY. (cover story)

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Author: Unknown

Section: RICH 100
OLD MONEY, NEW MONEY


Our annual guide to Canada's wealthiest people

Finding new people for the Rich 100 is no easy task. It's not as if potential candidates for our exclusive listing of Canada's richest people shout out details of their wealth. But this year we managed to find some new faces â€" six of them, in fact â€" with three based outside of Canada adding an international flavour.

The task of estimating personal fortunes and digging up new names for the list was undertaken by senior associate editor Alex Mlynek, senior writer Zena Olijnyk, staff writer Calvin Leung, and associate editors Claire Gagné and Michelle Magnan. So alongside this year's ranking are profiles of the newest members of the Rich 100 as well as some updates and features on a few familiar faces. Heck, we even managed to get some of Canada's wealthiest waxing poetic about their dogs.

All in all it was a pretty good year for the 100 richest Canadians, with their collective net worth, at $141.6 billion, the highest it's ever been since we starting the annual ranking, in 1999. Once again, oil money was a big factor in increasing their affluence, which jumped 9% over the previous year.

A note on our methodology: Our research staff spent many hours during the past few months studying proxies, insider trading reports, news articles and other sources to estimate the net worth of Canada's corporate elite. If you want to know more, go to www.canadianbusiness.com for details. It's a wealth of information.

PHOTO (COLOR): Galen Weston



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