Richest people in Ontario
22 billionaires worth a combined $94.6B, ranked by Forbes real-time estimates on October 11, 2026. Stuart Hoegner leads at $24.7B.
Ranking
| Name | Rank | Net worth | Since 2026 list | Age | Source | Country |
|---|
| Stuart Hoegner | 101 | $24.7B | $0M | n/a | Cryptocurrency | Canada |
| Tobi Lutke | 204 | $14.7B | +$4.0B | 46 | E-commerce | Canada |
| Peter Gilgan | 692 | $6.0B | -$1.7B | 75 | Homebuilding | Canada |
| Carlo Fidani | 999 | $4.3B | -$188M | 71 | Real estate | Canada |
| Barry Zekelman | 1161 | $3.6B | +$34M | 59 | Steel | Canada |
| Michael Latifi | 1246 | $3.4B | -$111M | 63 | Meat processing | Canada |
| Mark Leonard & family | 1311 | $3.2B | +$348M | 70 | Software | Canada |
| Jack Cockwell | 1361 | $3.1B | -$398M | 85 | Real estate, private equity | Canada |
| Larry Tanenbaum | 1508 | $2.8B | -$19M | 81 | Sports | Canada |
| Mitchell Goldhar | 1521 | $2.8B | -$145M | 65 | Real estate | Canada |
| Hal Jackman | 1543 | $2.7B | +$10M | 94 | Insurance, investments | Canada |
| Catherine Phillips | 1613 | $2.6B | +$663M | 75 | investments | Canada |
| John Phillips | 1613 | $2.6B | +$663M | 75 | investments | Canada |
| Jay Hennick | 1638 | $2.5B | -$282M | 69 | Real estate finance | Canada |
| V. Prem Watsa | 1672 | $2.5B | -$234M | 76 | Insurance, investments | Canada |
| Eric Sprott | 1677 | $2.5B | -$2.1B | 81 | Asset management | Canada |
| Naomi Azrieli | 1767 | $2.3B | -$574M | 61 | Real estate | Canada |
| Clayton Zekelman | 1834 | $2.2B | +$42M | 57 | Steel | Canada |
| Bill Malhotra | 1838 | $2.2B | -$62M | 77 | Real estate | Canada |
| Gerald Schwartz | 2609 | $1.5B | -$70M | 84 | Finance | Canada |
| Michael Andlauer | 2953 | $1.3B | -$26M | 61 | Logistics, sports | Canada |
| K. Rai Sahi | 3272 | $1.1B | -$30M | 80 | real estate | Canada |
Wealth by industry
- Finance & Investments: 9 billionaires, $44.6B combined, richest Stuart Hoegner
- Technology: 2 billionaires, $17.9B combined, richest Tobi Lutke
- Real Estate: 5 billionaires, $12.7B combined, richest Carlo Fidani
- Construction & Engineering: 1 billionaires, $6.0B combined, richest Peter Gilgan
- Manufacturing: 2 billionaires, $5.9B combined, richest Barry Zekelman
- Food & Beverage: 1 billionaires, $3.4B combined, richest Michael Latifi
- Sports: 1 billionaires, $2.8B combined, richest Larry Tanenbaum
- Logistics: 1 billionaires, $1.3B combined, richest Michael Andlauer
Questions people ask
Who is the richest person in Ontario?
Stuart Hoegner is the richest person in Ontario, worth $24.7B on October 11, 2026, according to Forbes real-time estimates. Tobi Lutke is next at $14.7B.
How many billionaires are there in Ontario?
Forbes tracks 22 billionaires in Ontario as of October 11, 2026, worth a combined $94.6B. The median net worth among them is $2.6B.
Are billionaires in Ontario getting richer this year?
The 22 of them who were also on the 2026 Forbes billionaires list are down 0.2% (-$233M) together since that list, comparing each person's real-time worth with their figure on it.
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