stephen bronfman net worth

"I began to realize that the stuff done before me was pretty important and interesting," he told Forbes magazine. Stephen R Bronfman owns 5,389,288 shares of SunOpta Inc (STKL) as of May 9, 2006, with a value of $44 Million. He briefly worked in the marketing department of the Montreal Expos, then owned by his father. James (J. K.), Arthur and John (Jack) Irving: $4.99 billion. The former president of Moffat Communications and one-time co-owner of the Winnipeg Jets predicted in January that unless NHL players are willing to take a significant pay cut, no mid-size city will ever be able to afford a pro hockey team. In October, Kolter Property Co.'s Toronto office portfolio was sold to German investors for $492 million. Bronfman denied any wrongdoing, and the controversy appears to have blown over. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. After selling his big-box electronics chain, Future Shop, to rival Best Buy in 2001, Khosrowshahi has focused on investments in the pharmaceutical, retail and real estate industries. The chairman of Pacific Century CyberWorks lost 17% of his wealth on the list, mostly due to a decrease in share price. 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. About 285 guests attended the lavish ceremony. Bronfman has described himself as an optimist. In September, Weston's supply of Wonder Bread became tenuous as its supplier, Interstate Bakeries Corp., filed for bankruptcy protection, blaming diet preferences, heavy debt and high costs. 303,475 shares on May 9, 2006, which Photo by Andrew Vaughan / The Canadian Press In 1951 Bronfman's father Samuel Bronfman gave Charles a 33% ownership stake in Cemp Investments, a holding company for him and his 3 siblings which controlled the family's corporate empire. The firm has invested in artist tours by the Rolling Stones, Madonna, and Crosby, Stills, Nash and Young. of 73,345 shares made by Robert Duchscher 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 Stephen Bronfman Net Worth Stephen Bronfman Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. Claridge represents the interests of the Stephen Bronfman family and is actively involved in the management The secretive founder and president of Future Electronics is a major benefactor of Alcor Life Extension Foundation, and it's rumoured he will have his body frozen at death. In January, the family's investment firm bought floundering chartered aircraft company Starlink Aviation. Rays to fans: 'We desperately want to stay in Tampa Bay', Rays have cleared one Montreal hurdle, but many remain, Why Rays think their Montreal idea is so 'amazing', Tampa Bay has to decide whether it's a major league market, Stu-realism on display at Rays' museum exhibition. Stuart Belkin saw sweet profits this year from his family's stake in the Rogers Sugar Income Fund. He and his partners have identified a downtown site for a new outdoor stadium. Since its foundation in 1986,[15] the charity spent more than $340 million to about 1,820 organizations. 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 family, led by Stephen's grandfather Samuel, began distilling and selling cheap booze, sometimes using fake labels like Johnny Walker instead of Johnnie Walker. Engagement and empowerment of emerging talent that encourages the development of human potential and that recognizes and celebrates individual and collective ingenuity. Majority or significant minority equity investments. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Bronfman and his family came to prominence within Canada as key fundraisers for the Liberal Party of Canada. Ben Bronfman net worth: Ben Bronfman is an American musician, activist, and entrepreneur who has a net worth of $100 million dollars. Last October, a lavish compound set on what is frequently considered to be the best residential street in Santa Monica sold for $29.4 million. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. As a direct beneficiary of the fortune created from the Seagram empire during its 80 year period under Bronfman control, the family office multiplied the value of the Seagram cash flow by continually reinvesting in a myriad of ventures, ranging from chemical production to real estate. Principal owners of the Washington Nationals franchise, Montreal Alouettes/Concordes principal owners, Partnership for Excellence in Jewish Education. The payoff: the Koschitzky clan increased its net worth 32% since last year. Geographically, it derives a majority of revenue from the United States. Creating a legacy. Bronfman was also well known for his forays into professional sports. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Price $21.5 million Size 6,616 square feet, 5 bedrooms, 6 bathrooms The ongoing pandemic may have thrown a mansion-sized wrench into the U.S. real estate market, but summer's here and there are still billionaires with ample cash reserves for a lavish vacation home. 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. Based on ownership reports from SEC filings, as the reporting owner, Stephen R Bronfman owns 1 companies in total, including The Cirque du Soleil ringmaster celebrated the 20th anniversary of his global empire this year in a refurbished Montreal airport hangar that reportedly featured an absinthe bar and hot tub. Now comes the hard work of crunching the numbers to see if the idea makes financial sense, and convincing the city, the province of Quebec and the residents that it's worth the risk. Brick employees shared more than $40 million in bonuses from the offering. Letsgetstarted. Opportunities to implement operational value creation initiatives. 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. [12], Bronfman is chairman of the Andrea and Charles Bronfman Philanthropies Inc.,[14] a family of charitable foundations operating in Israel, the U.S., and Canada. In 2006, Stephen's father's second wife died after a car hit her in New York City. no insider transaction in SunOpta Inc (STKL). Sycamore Networks Inc., founded by Deshpande in 1998, was one of seven companies to win a contract from the U.S. Defense Department in January as part of a US$850-million plan to turn its communications system into a worldwide high-speed network. The combined wealth of the top 46 [] The Bronfman family and our investment professionals have extensive relationships with senior decision makers in multiple industries on a global scale. During the past 18 months, 2,284,800 shares of SunOpta Inc (STKL) were sold and 71,722 shares were bought by its insiders, resulting in a net a net Insiders are limited to only officers and/or directors of the company. Advertisement . Who's in, who's out, who's hot, who's not. Heiress to the Seagram liquor fortune, Clare Bronfman was sentenced to six years and nine months in prison Sept. 30, 2020 for her role in the NXIVM sex cult scandal.She was originally charged for the crimes in April 2018, when she was released on a $100 million bond, thanks, in part, to Clare Bronfman's net worth.Her sentencing was more than the prosecutors had recommended. Sold (or bought if negative) in USD ARDSLEY AD WEST FACE Engaged Capi It is one of 10 projects Sustainable Development Technology Canada is funding with a combined total of $20.2 million. sale Our executives have distinguished international track records with large and small organizations in diverse sectors. The most recent stock trade was executed by Mike Buick on 10 March 2023, trading 7,000 units of STKL stock currently worth $54,600. Also in 1991, he joined private equity firm Claridge, which was founded by his father in 1987.[1]. 39. He kept a low profile this year. We put in place strong boards formed with members that bring experience and sector knowledge to our partners. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. He even enjoyed getting peppered with questions from reporters at a Wednesday news conference. He expects the cost of these Gandhi-like movies will average US$20 million each. We seek to partner with and invest in high-quality businesses with strong and defensible market positions. Humility could be an asset as the two sides sort out how to share a baseball team. We also invest in real estate, credit and special situations funds. There were reports of an arrangement with gangster Meyer Lansky and never proven rumors of a connection to Al Capone. Rival firm Interfor was also in the running. Bronfman has given away or pledged at least $350 million, mostly toward promotion of Canadian culture and the Jewish community's connection to Israel. Mark Leonard and Family - $3.52 billion CAN ($2.8 billion US) Mark . Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. Bonita "Bonnie" Roche. Compelling long-term industry fundamentals. Montreal-based businessman Stephen Bronfman, son of billionaire Charles Bronfman, was among the individuals cited by news organizations in the latest leak of bank documents suggesting some global business leaders and politicians may be using offshore tax havens to shelter money. The first winner was Gift of Life Marrow Registry founder Jay Feinberg. 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. estimated net worth of Stephen R Bronfman, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership, Engaged Capital Special Situation Fund, Lp. 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. Well break down the latest business and consumer news and insights you need to know every Wednesday. Bronfman's son, Stephen, runs Claridge,. Meanwhile, dissident cousin Ian (a former Molson deputy chairman) pondered a hostile bid with a rival investor group. Contact Graham Brink at gbrink@tampabay.com. Wanna follow Stephen Bronfman's net worth? [1] At the Wednesday news conference, Bronfman looked tanned and fit, dressed in a navy blue jacket, light blue shirt and no tie. Investments that favour the environment, culture, education, entrepreneurship and Jewish life. In August, Lino Saputo, founder of North America's fourth-largest cheese producer, bought an 80% stake in Place Victoria, a downtown landmark and home of the Montral Exchange, for an undisclosed price. 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 . of 2,213,078 shares. Fruit-Based Foods and Beverages include individually quick frozen(IQF) fruit for retail(including strawberries, mango), IQF and bulk frozen fruit for foodservice (including purees, fruit cups, and smoothies), and custom fruit preparations for industrial use. Please only use it for a guidance and Stephen Bronfman's actual income may vary a lot from the dollar amount shown above. of The power couple continued to focus on work this year. It's not all in the family anymore. According to the SEC Form 4 filings, Stephen R Bronfman has made a total of But so far, the US$2.3-billion acquisition has only managed to drag first-quarter earnings down by 29%. In recent years, as Bronfman has tried to bring baseball back to Montreal, he's spoken longingly about growing up with the Expos meeting players, reading box scores, the move to cavernous Olympic Stadium. The deal went sour and the Bronfman family fortune plunged from $6.5 billion to below $3 billion. 96. Meanwhile, the board of Canadian Natural Resources Ltd. (in which he has large holdings) delayed a decision to approve its massive $10.6-billion Horizon oilsands project in order to take a closer look at cost overruns. On December 22, 2013, Edgar Bronfman Sr. died at age 84. 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. Stock quotes provided by InterActive Data. In 1990, he studied geology at Concordia University. Freddy DeGasperis Jr. runs Aspen Ridge Homes Ltd., part of his father's construction empire. The family went on to run the Seagram Company, with brands like VO, Crown Royal and Chivas Regal. Active research and documentation that identifies and analyses challenges confronting communities. Bronfman completed his undergraduate studies at Williams College and returned to Montreal in 1986. He also founded the CRB Foundation, which runs educational enrichment classes in outlying areas in collaboration with the Education Ministry in Israel. Katz Group Canada Ltd. is planning on spending between $50 million and $100 million a year building and renovating stores. The company reported a 2.5% increase in annual net sales and also announced plans to open a $43.3-million french fry processing facility in northeast China. 1 all the time, coddled and catered to like some members of the business elite. He's Montreal's point man in the unusual proposal to split the Tampa Bay Rays home games between the two cities. But with shock jock Howard Stern in the mix, the group might be permanently off-air. [16] Bronfman is also responsible for The Charles Bronfman Prize,[17] honoring individuals for their humanitarian contributions. Charles Bronfman Net Worth: $2.54 billion ( 1.2% from 2017) Rich 100 rank: #39 Change in rank from 2017: 4 Major company holdings: Vivendi Location: New York & Palm Beach, Fla. Age: 86 A November RBC report says there is a diminishing pool of potential first-time buyers in Toronto. Minimal risk of obsolescence and disintermediation. Many people ask about the amount of money Stephen Bronfman makes from Instagram. Bratty, head of his family's property development company, Remington Group, was a major donor. GuruFocus.com is not operated by a broker or a dealer. Bronfman is closer to that dream than ever. Direct equity participations currently include holdings in food, real estate, technology, entertainment, and renewable energy, among others. , There will be no preferential seating for the real estate mogul at Canucks hockey games, after all. Stephen's mailing address filed with the SEC is C/O CLARIDGE INC., 1170 PEEL STREET, , , H3B4P2. He also lost out on a bid to buy the venerable Montreal Canadiens hockey team in 2010. . and 0 transactions in SunOpta Inc (STKL) over the past 5 years. Stephen's mailing address filed with the SEC is C/O CLARIDGE INC., . The most active insiders traders include Face Capital Inc.Boland Gre, Organics, L.P.Oaktree Fund , and Advisory Partners Lp Ardsle. We are not only chosen for our capital, but also for the type of partnership and guidance we can offer. He was gutted when his beloved Expos left for Washington, D.C. after the 2004 season. Stephen Bronfman's father, Charles, was the Expos first owner, giving the son a close-up view of the team during the early years. In October, he was advised by the RCMP that his company, Royal Group Technologies, was part of an investigation into allegations it deceived or defrauded shareholders regarding money transferred to a luxury Caribbean resort controlled by De Zen. Language links are at the top of the page across from the title. Sirois is also behind Microcell and the Fido brand, which Rogers Wireless bought in November. He will stay on as executive chairman. From November 1997 until July 2002, Bronfman was the chairman of the board of Koor Industries Ltd.,[10] one of Israel's largest investment holding companies. 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. We favour simple investment structures that meet the unique needs of sellers. Construction started in July on Matthews' Celtic Manor resort in Wales in time for the 2010 Ryder Cup. He moved smoothly between English and French, in a city where that matters. Our governance requirements are similar to those of institutional funds and relate mostly to capital allocation and reporting. Rays owner Stuart Sternberg has praised Bronfman, and vice versa. The Goldhar brothers sold nearly three dozen of their First Pro shopping centres to Calloway Real Estate Investment Trust this year, and their company was the landlord of choice for big-box chain Wal-Mart Canada Corp. That's good news for Mitchell, who also has part ownership of the trust. Headquartered in Montreal, the company became the largest producer and distributor of distilled spirits in the world. Since the departure of the Expos, he has been involved in initiatives aiming to bring Major League Baseball back to Montreal. Actively backing the entrepreneurial spirit with more than capital. a net sale He also spoke out against bank mergers, saying they shouldn't be allowed unless the Canadian market is open to foreign competition. [3], In 1991, Bronfman with billionaire Leslie Wexner formed the "Mega Group",[12] a loosely organized club of some the wealthiest and most influential businessmen who were concerned with Jewish issues. On average, Sunopta executives and independent directors trade stock every 21 days with the average trade being worth of $591,868. In 2017, he was caught up in the Paradise Papers scandal. other: See Footnote 1 Engaged Capital Special Situation Fund, Lp Despite opposition to the $30-million expansion project, city council's hands are tied; the land is owned by the Squamish Nation, which approved of the centre. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. He made almost $247 million by selling 33 million fund units he received in the deal. 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? . With an estimated net worth of $2 billion (as of 2013), Bronfman was ranked by Forbes as the 14th wealthiest Canadian and 736th in the world. The youngest son of Hong Kong billionaire Li Ka-Shing, Richard uncharacteristically left the limelight to his older brother, Victor, this year. Andrea and Charles Bronfman Philanthropies Inc. "The World's Billionaires: Charles Bronfman", "The Lunch: Charles Bronfman opens up about Seagram's demise: 'It is a disaster', "At age 90, Charles Bronfman reflects on business career, beloved Expos", "The making of Lunch with Charles Bronfman", "100 American Jewish Leaders Urge Netanyahu to Show Readiness to Make 'Painful Territorial Sacrifices', "Titans of Industry Join Forces To Work for Jewish Philanthropy", "The Andrea and Charles Bronfman Philanthropies", "The Andrea and Charles Bronfman Philanthropies:: Visual Timeline", "Charles Bronfman winds down his philanthropic foundation", "How foreign donors reshaped Israel: A who's who", "Charles Bronfman | The Canadian Encyclopedia", "Seagram co-chairman Charles Bronfman on running a family business", "The Montreal Gazette - Google News Archive Search", "Major League Soccer's Billionaire Owners", "Andrea M. Bronfman, 60, an Internationally Noted Philanthropist, Dies", "Andrea Morrison Bronfman; active in Jewish causes; 60", "THE HONOURABLE CHARLES ROSNER BRONFMAN, P.C., C.C.

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