As of March 2012, the net worth of Canada’s richest man was set at $17.5 billion. The 54-year-old man is a Canadian resident who lives in Toronto. David Thomson is divorced with three children. He graduated with MA from the University of Cambridge and Selwyn College.
The Source of David Thomson’s Wealth and Popularity
David is quite popular in Canada because, aside from being the richest billionaire in the country, he is also the chairman of Thomson Reuters. As a media magnate to a media powerhouse founded by his grandfather, it is safe to say that most of his wealth runs in the family.
His grandfather, Roy, founded the media house in 1934. Currently, David Thomson runs the media and publishing group together with his brother, Peter, who serves as the family investment co-chair.
Network as of 2020
It is important to note that David Thomson’s net worth fell by $5.5 billion as a result of a 30% drop in Thomson Reuters Corporation’s year-over-year share price in 2011.
Regardless of this significant loss, the media and publishing group managed to climb the ladder of success through the years.
As of 2020, David Thomson remains to be the richest man in Canada, and his net worth rose to $32.5 billion. Globally, he’s ranked the 27th richest man, which is an improvement because, in 2019, he ranked 32nd.
What People Don’t Know About David Thomson
Aside from his obvious title, he is also a voracious art collector who has a diverse collection that includes pieces from the legendary Pablo Picasso and the world’s renowned collector, John Constable.