the Rich Get Richer
Money – that’s what they want and that’s what they’ve got.
While some of us scrimp and pinch to make ends meet, other Canadians are rolling around in piles of cash.
The Canadian Business magazine has released its annual tally of the country’s 100 most affluent citizens. And Kenneth Thomson and family, based in Toronto, come in on top with $21.67 billion.
There’s a significant jump between Thomson and the next person on the extravagant ranking. Bakery and grocery giant Galen Weston came in second place with $9.2 billion.
Trotting in at number three is Jeff Skoll, the co-founder of the Internet auction site eBay with $4.63 billion.
And it looks like Celine Dion’s bank balance goes on. She made the cut this time around and is said to be worth $320 million, which is up from a total of $305 million last year.
Right now Canada’s wealthiest are basking in the glow of their good fortune and good news. A writer with the magazine said that in recent years, the rich might have worried that their enormous mountains of money might be dwindling a bit because of troubles in the tech industry and the impact of the September 11 terrorist attacks.
But Zena Olijnyk said they bounced back in 2003. The total net worth of our rich is $120.5 billion, which is an increase of 8.5 percent from last year’s figure.