Tuesday, February 5, 2008

Galen Weston



Age: 65
Fortune: inherited and growing
Source: Retail

Net Worth: 8.4

Country Of Citizenship: Canada
Residence: Toronto, Canada, North America
Industry: Retailing
Marital Status: married, 2 children

University of Western Ontario, Bachelor of Arts / Science

Chairman and president of George Weston Ltd., founded by his grandfather George in 1882 and now one of North America's largest bakers. Owns a controlling stake in sister company Loblaw's, Canada's largest supermarket chain, which has had a tough time amid restructuring; stock fell 25% in the past year. Also has his hands in privately held upscale retailers like Canada's Holt Renfrew, Ireland's Brown Thomas and London's department store Selfridges, which he purchased in 2003 for $958 million through his Wittington Investments. Daughter Alannah is creative director at Selfridges. Avid collector of avant-garde artist Christo; Weston regularly hosts exhibits of influential artists at Windsor, the private community that he founded in Vero Beach, Fla.

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