Richest People

Canada’s Richest People: The Libfeld family

Canada’s Richest People

Libfeld family
(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.

More of Canada’s Richest People:

▲ #98 Jack Cockwell
▼ #100 Robert (Bobby) Julien & Delia Moog