Toronto - Arab Canada News

Forbes magazine revealed its annual list of the richest people in the world for 2025, which includes 64 Canadian billionaires, a slight increase from last year, with several well-known names continuing to dominate in the fields of technology, food industries, and media.

Businessman and investor David Thomson and his family, owners of "Thomson Reuters," topped the list of Canadian billionaires with a net worth estimated at 61.1 billion US dollars, maintaining his position as the richest person in Canada.

In second place is Joseph Tsai, Vice Chairman of the Chinese company "Alibaba," who holds Canadian citizenship, with a net worth estimated at 9.5 billion dollars.

The list also includes prominent figures such as:

Tobias Lütke, founder of "Shopify," with a fortune of nearly 5.9 billion dollars.

Galen Weston and his family, owners of the "Loblaws" and "Nordstrom Canada" store chains, with a fortune of 8.4 billion dollars.

Eileen Bennett, founder of "Lightspeed," among the leading women in the list.

Background:

The list comes at a time when the Canadian economy is undergoing sharp changes due to trade tensions with the United States and rising living costs, while Canada's wealthy continue to show a remarkable ability to grow their fortunes, particularly in the sectors of technology, distribution, and financial services.

According to "Forbes," the number of billionaires worldwide this year reached 2,781, a record increase from 2024, while the total value of their wealth is around 14.2 trillion dollars.