TORONTO, June 7, 2017 /CNW/ - Canadian Accountant, Canada's independent news website for the accounting profession, has published its first annual survey of the Top 10 Wealthiest Chartered Professional Accountants in Canada. Topping the list is Peter Gilgan, the founder, CEO & Chairman of Mattamy Group Corp., whose net worth is valued at $2.71 billion.
Many of Canada's business leaders are professionally trained accountants who built business empires on the foundation of their financial skills. "Our Top 10 list shatters the myth of accountants as financial technocrats who are cautious and risk-averse," said Colin Ellis, editor-in-chief of Canadian Accountant.
"Canada's wealthiest CPAs include globally recognized executives like Sergio Marchionne of Fiat Chrysler and brand names in business like Eric Sprott, Jim Balsillie and Ian Telfer. I'm sure many people will be surprised that these business leaders are professional accountants."
The top four accountants on the list are each worth more than a billion dollars, making them some of the richest Canadians and wealthiest people worldwide. The list includes three executives who built business empires in mining, two in real estate, and one in the retail sector. All ten are male, reinforcing the reality of the glass ceiling in Canadian business, but the list is ethnically diverse, a positive sign of Canada's multicultural mosaic.
"We had a lot of fun putting the list together," said Ellis, "and I think that comes through in the Top 10 profiles. Anyone who says accounting is boring hasn't been paying attention to the headlines. The stories are fascinating and we strike the right balance of business and personal insight."
Find out who is on the list of the Top 10 Wealthiest CPAs at Canadian Accountant.
About Canadian Accountant
Launched on June 1, 2017, Canadian Accountant is Canada's independent news website for the accounting profession. Stay current with authoritative insight and opinion on the accounting and finance stories behind the latest headlines. For more information, visit www.canadian-accountant.com.
SOURCE Canadian Accountant