(Andrew Francis Wallace/Toronto Star/Getty)
Name: The Libfeld family
Net Worth (2016): $842 million
Rich 100 Rank (2016): #99
Change from 2015: +4%
Major company holdings: Conservatory Group
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.
Asset Mix:
| Real Estate: | 97% | |
| Other*: | 3% |
*Other assets include cash, collections, primary residence and/or proceeds from prior asset sales.
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