Cover

WHAT WOULD YOU DO IF YOU SUDDENLY LOST ALL YOUR MONEY?

Canada's über-rich—and a rare affluent actor—ponder the unspeakable

KARIN MARLEY August 2 2004
Cover

WHAT WOULD YOU DO IF YOU SUDDENLY LOST ALL YOUR MONEY?

Canada's über-rich—and a rare affluent actor—ponder the unspeakable

KARIN MARLEY August 2 2004

WHAT WOULD YOU DO IF YOU SUDDENLY LOST ALL YOUR MONEY?

Cover

Canada's über-rich—and a rare affluent actor—ponder the unspeakable

JOHN RISLEY, SEAFOOD MAGNATE, BEDFORD, N.S. ESTIMATED NET WORTH: $390 MILLION.

“I can’t imagine anything more humiliating at my age [56] than losing all my money-haven’t worked for anybody else before, and I don’t know if I’d be any good at it. But I’d look at the trendy stuff like biotechnology, bio-sciences and genomics. They have the ability to change the way we live to the same extent computers changed communication.”

STEPHEN JARISLOWSKY, INVESTMENT MANAGER, MONTREAL.

ESTIMATED NET WORTH: $1.2 BILLION.

“I would start another company like my own [Jarislowsky Fraser] and look for even better guys to work with than I’ve had. Or else I would marry a very rich wife. I always say to girls that it’s just as easy to marry a rich guy as a poor one, so why not? I’m not sexist, so I should take the same advice.”

HAL JACKMAN, FINANCIER, FORMER ONTARIO LIEUTENANT-GOVERNOR, TORONTO.

ESTIMATED NET WORTH: $665 MILLION.

“I would like to teach history at a university. I’ve always been interested in history because you can project what you’ve learned into the future. It’s very valuable in business, especially the stock market.”

ALLAN SLAIGHT, RADIO TYCOON, TORONTO.

ESTIMATED NET WORTH: $1.25 BILLION.

“I would travel a lot less, live in a smaller house and eat a lot more pizza. I’d probably go back to being an all-night announcer at a radio station, which is what I did in my kid days.”

RON JOYCE, TIM HORTONS CO-FOUNDER, CALGARY. ESTIMATED NET WORTH: $805 MILLION. “I’d go into food service again.

I like it because it’s a growing industry, and because food is one of the basic necessities of life. I also love real estate development, though. I’ve built a golf course in Nova Scotia.”

ISADORE SHARP, FOUNDER OF FOUR SEASONS HOTEL CHAIN, TORONTO.

ESTIMATED NET WORTH: $310 MILLION.

“I think everybody who has a business background would just start over.

It’s like Edison: it took him 200 tries to get the light bulb. People would say to him, ‘You’d think you’d give up after the 100th try.’ He’d reply, ‘Why?’”

DAVID AZRIELI, REAL ESTATE DEVELOPER, MONTREAL. ESTIMATED NET WORTH: $2 BILLION. “I would do the exact same thing even for 10 per cent of the money I’m making. I consider doing what I love to be the true definition of free-

dom. Instead of architecture, though, I could have ended up as a fashion designer.”

PAUL GROSS, ACTOR, SCREENWRITER, PRODUCER, TORONTO.

ESTIMATED NET WORTH: OVER $1 MILLION. “I’d write another script. I’d miss certain things about being rich initially, like the freedom to only do what I find interesting. But I’m still, in my mind, living in a basement apartment.”

KARIN MARLEY