(Andrew Francis Wallace/Toronto Star/Getty)
Developer Ted Libfeld was the first in Ontario to offer pre-construction sales on the houses that he built, but stopped once others replicated his technique. Throughout his career, he demonstrated an ability to stay ahead of the competition; the condos he built between the rail yards and the Gardiner Expressway in downtown Toronto were isolated a generation ago, but transformed the area into a vibrant residential community. His four sons now run the business.
*Other assets include cash, collections, primary residence and/or proceeds from prior asset sales.
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