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Change in rank from 2017: 4 9 of Canada's richest people live in Vancouver - Daily Hive before parking them in private foundations in Liechtenstein. VANCOUVERThe wealthiest people in British Columbia have so much money that the average gains they made on their existing wealth between 2012 and 2016 would be enough to buy over 150 detached homes. He started his first retail apparel company in 1979. Charitable Registration No. He is an Iranian Canadian who leads a company with interests ranging from pharmaceutical royalties to entertainment royalties, real estate developments, shopping centers and retail. As part of a truce this year with the lululemon board of directors, founder and Vancouverite Wilson sold half his 27 per cent stake in the company for $845 million and stepped down as board chairman. The privately held company, owned by brothers Amin and Mansoor Lalji, will pay $1.644-billion for the . They own the Larco Group, which is one of the citys largest land developers with retail and hotel properties. Lalji Home is owned and operated by the Lalji Furniture Group. The Hermit Kings - The Globe and Mail Gaglardi Family - Northland Properties - $3.92 billion 27. Continue with Recommended Cookies. SFU football players, alumni in court asking for axed programs rebirth, B.C. Lalji family: Larco Group of Companies; net worth: $3.1 billion; 5. 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. As a businessman, Louie knows how to make money, but hes also very generous with his fortune. Jody Claman from Real Housewives of Vancouver. Avison Young's deep knowledge of local markets, combined with an international investor network, help us devise and implement the best strategy to meet our client's future investment goals. The Aquilinis have a lot of money and power, but they arent greedy. is good public relations, some embarrassing media gaffs and quips from Wilson have contributed to eroding sales of the upscale athletic line he founded. Top 10 B.C. billionaire families have more - Business in Vancouver JAFFERALI LALJI FAMILY FOUNDATION is a federal corporation in Vancouver, British Columbia incorporated with Corporations Canada, a division of Innovation, Science and Economic Development (ISED) Canada. Larco Investments bought the historic property in 2013 through one of its many related companies, subsidiary Capital Hotel L.P., but continues to lease day-to-day operations to the Fairmont chain. Disable anytime. Gaglardi family: Northland Properties; net worth: $3.6 billion; 4. Brandt Louie is the godfather of his family. The Iranian-Canadian leads a company with interests in a number of sectors, including pharmaceutical royalties, entertainment royalties, real estate development, shopping centres and retail. The entity was incorporated on March 8, 2017 with corporation #10074152. 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. The company was given nominee directors, that is, people who provide their names to mask the true owners of the company. Belkorp has a major footingin the local sugar, pulp, and paper industry. Both the Bosas and the Lalji family, which . Since then, his real estate company, Vancouver-based UNIGLOBE TRAVEL, has established franchises in over 60 countries worldwide, in more than 1,759 locations, with 22,020 employees. According to Canadian Business, they have an estimated net worth of CAD $3.07 billion.