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Belkin family: Belkorp Group; net worth: $0.9 billion. He continues to invest in wineries throughout the Okanagan Valley located in British Columbia. From the humble origins of aKitsilano store front, Chip Wilson founded Lululemon and changed womens athletic fashion forever. Its an ambitious project that includes so much more than the new hospital itself. He is known for being generous to charities. The Lalji family moved to Vancouver after they were banished from Uganda by dictator Idi Amin in the 1970s. Seven of the 10 families got their wealth passed down to them from older generations. This structure was created really with legal, tax and estate-planning considerations for the Lalji family, Alston said. Firoz Lalji was born in Uganda and came to the UK to study at the London School of Economics and Political Science (LSE), graduating with a BSc in Economics in 1969. Net Worth:$3.07 billion(No change from 2017) Rich 100 rank: #30. All rights reserved, Please note, we may receive affiliate compensation for some of the links below at no additional cost to you. Age 70. However, while Wilson still ranks well for Vancouver residents, he fell from the 11th to 42nd between 2013 and 2014. Add Doctor; Add Clinic . JAFFERALI LALJI FAMILY FOUNDATION Company Profile | Vancouver, BC Financial Independence Retire Early Canada (FIRE). He now owns many other businesses, including hotels, restaurants, and construction companies. Toby Lutke, CEO of Shopify, an e-commerce hub in Ottawa, is third on the list with $ 9 billion. The privately held company, owned by brothers Amin and Mansoor Lalji, will pay $1.644-billion for the buildings, located in Vancouver, Edmonton, Calgary, Toronto, Ottawa and Montreal. Prominent South Asian Business Family The Laljis Accused Of Stashing The Lalji Family Estimated net worth : $3.07 billion The family, mainly consisting of three brothers, owns the Larco Group, which is Vancouver's largest land developer for retail and hotel properties. From the beginning, our community has given of their time, expertise, and generosity to take St. Pauls from a 25-bed cottage at the muddy end of Burrard Street to what will become a state-of-the-art health innovation campus on Station Street in 2026. C604 7 mo. Top 5 richest people in B.C. - Canadian Business Their sons work hard for them. Von Mandl is a wealthy man who loves wine. By CB Staff He serves as the Chairman of the Board of Directors at Lululemon. Caleb and Tom are both famous philanthropists. He also gives away money to his employees. According to a Larco website, they acquired the Vancouver Airport Marriott in 1998, the SkyDome Hotel in 1999 and now have about 10 hotel properties. Michelle Travis is a researcher with Unite Here Canada, a union that represents more than 20,000 workers in the hotel and hospitality industry, including in some Larco properties. He started his first retail apparel company in 1979. Disclaimer: The content on Wealthawesome.com is intended for informational and educational purposes only. ), They are very much aware of what is going on.. Lalji family: Larco Group of Companies; net worth: $3.1 . He also owns many other companies, including a hotel chain and a financial firm. Caleb and Tom Chan family: Burrard International Holdings; net worth: $1.1 billion; 9. The company also operates the Park Royal shopping center. Achievements made possible by our donors. Hilary Madeline May appears as the director of five companies registered by the firm. ago. During the hearing, Alston said he and Shiraz Lalji met with HSBC bankers in Switzerland to discuss their options and chose to put between $300 million and $500 million in a private foundation in Lichtenstein. According to a Globe and Mail investigation titled The Hermit Kings, the main family players are three brothers, Aminmohamed (often called Amin), Mansoor and Shiraz. He now imports wines from around the world. . Chip Wilson started as an entrepreneur selling yoga pants in Kitsilano. Enable push notifications on your device. Aquilini family - Aquilini Investment Group - $3.3 billion 30. However, in recent years Wilson found himself at odds with the board of directors of his company and ultimately stepped down from the board in February 2015. He also serves on the board of directors of Best Buy. The family, mainly consisting of three brothers, owns the Larco Group, which is Vancouvers largest land developer for retail and hotel properties. That database, obtained from Panama City law firm Mossack Fonseca and made public by . They are very generous philanthropists who give money to hospitals. Your donations have never had more impact. Several media outlets reported that Larco ironically now a landlord of the Canada Revenue Agency had legally moved hundreds of millions of dollars into tax havens via the British Virgin Islands and private foundations in Liechtenstein. . Francesco Aquilini is the managing director of the Aquilini Group, a family company consisting of agricultural interests, real estate, and much more. He is President, Chief Executive Officer, CEO, President and Sole Owner of the Jim Pattison Group, Canadas largest privately held company. However, their business model is based on leasing space to other companies.