Richest People

Canada’s Richest People: Rudy Bratty

Canada’s Richest People
Rudy Bratty
(Photo: Deborah Baic/Globe and Mail/CP)

Rudy Bratty

Net Worth:
$1.36 billion
(No change from 2017)

Rich 100 rank: #85
Change in rank from 2017: ▼9
Major company holdings: Remington Group
Location: Vaughan, Ont.
Age: 85

At age 85, Rudolph P. “Rudy” Bratty has no plans to retire: “As long as my mind keeps working and my body keeps walking, then I’ll keep on working,” he told the Markham Board of Trade in spring 2016. And though he’s been in the game for almost 70 years, his ambitions seem only to get larger. Bratty’s current focus is Downtown Markham, a 243-acre development project in Markham, Ont., comprising up to 8,000 residential units, two million square feet of commercial space, 3.4 million square feet of office space, and a new campus of York University. (A new hockey arena capable of hosting an NHL team fell through.)

Bratty made his first major real estate deal as a teenager, turning six vacant suburban Toronto lots into homes. In the following decades, he took his sons on impromptu road trips to scope out land in emerging subdivisions of the GTA. Those sons—Chris, Mark, Michael and Matthew—now help run the Remington Group with their father, still CEO, and uncle, COO Jerry Bratty. Seeing the shift from detached family homes to higher density developments, the younger Brattys helped the company expand into the booming field of high-rise condominiums and commercial developments.

Updated Thursday, November 9, 2017