Richest People

Canada’s Richest People: Saul Feldberg

Canada’s Richest People
Saul Feldberg

Saul Feldberg

Net Worth:
$1.01 billion
(▲13.5% from 2017)

Rich 100 rank: #100
Change in rank from 2017: ▼7
Major company holdings: Teknion, Global Group
Location: Toronto
Age: 81

That offices keep changing is good news for someone in Saul Feldberg’s position. The octogenarian titan of workplace furniture—who continues to chair the board of Global Group, the company he founded in 1966—has seen a lot of trends come and go, which makes for robust demand. For instance, last summer, the company launched the Novello, a modern, brightly coloured desk chair meant to offer “an innovative and dynamic expression of material science that synchronizes the seat and back with every movement.” It makes a standard office roller seem downright pedestrian. It’s just another innovation for Global Group, whose website lists more than 65 design awards since 2002.

These days, Feldberg’s own role in such achievements is indirect. In February of 2015, he appointed his son, Joel, as president and CEO—the first transition of power in nearly 50 years.

Feldberg, who remains as chairman, has boasted of the speed with which the company can produce merchandise, once delivering 1,000 white chairs for mass with the Pope on three days’ notice.

Updated Thursday, November 9, 2017

#99: U. Gary Charlwood

#100: Saul Feldberg