Paul Desmarais Net Worth

How much is Paul Desmarais Worth?

in Richest BusinessmenRichest Billionaires
Paul Desmarais net worth:
$4.5 Billion

Paul Desmarais net worth: Paul Desmarais Sr. was a Canadian financier who had a net worth of $4.5 billion. Paul Desmarais may not have been as well-known as Warren Buffett, but his publicly-traded investment holding firm Power Corp. is still compared with Buffett's multinational conglomerate Berkshire Hathaway. The Canadian billionaire, who died in October 2013, chaired the company to the very end, whereas his sons Andre and Paul, Jr. continue to serve as co-CEOs. Today, the Montreal-based Power Corp. and its subsidiaries own such financial services companies as the mutual fund company Putnam Investments and insurance firm Great-Life Westco, as well as a share in Chinese conglomerate CITIC Pacific. Also, together with Belgian billionaire investor Albert Frere, Power Corp. manages investments in some of the Europe's leading companies like cement giant Lafarge, oil company Total and wine & spirits maker Pernod Ricard.

Canadian Paul Desmarais

Paul Desmarais Net Worth

Paul Desmarais Net Worth

Paul Desmarais

Businessperson
Date of Birth
Jan 4, 1927 - Oct 8, 2013 (86 years old)
Nationality
Canada
Nicknames
Демаре, Поль
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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