The patriarch of Canada's wealthiest family controls a media and technology giant (Thomson Reuters), as well as large holdings in telecommunications (BCE) and commodity research (IHS) through the family investment arm, Woodbridge. Thomson has made large investments in Canadian real estate, and owns a spectrum of art genres and a stake in an NHL team.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Thomson Reuters Corp., the provider of financial news and information, reported profit that beat analysts’ estimates after subscription revenue helped make up for a decrease in sales from trading transactions.
The Atlanta Thrashers will move to Canada after being sold to Winnipeg, Manitoba-based True North Sports & Entertainment , leaving Georgia’s capital city without a National Hockey League team for the second time.