Stephen Jarislowsky Net Worth

Stephen Jarislowsky Net Worth: The Life of a Successful Businessman

Stephen Jarislowsky is a name that is well-known in the Canadian business world. With a net worth of $1.19 billion, he is one of the wealthiest individuals in the country. He was the founder, chairman, and CEO of Jarislowsky Fraser Ltd., one of Canada’s largest investment firms. Throughout his long and successful career, he made a name for himself for his smart investment strategies and his ability to build long-lasting relationships with his clients.

Early Life and Education

Stephen Jarislowsky was born in Berlin, Germany, in 1925. His family fled to France in 1933 following the rise of the Nazi party and then moved to Canada in 1941. He graduated from Oxford University, where he studied philosophy, psychology, and economics.

Career

After completing his studies, Jarislowsky started his career as an investment analyst at Investors Mutual of Canada. In 1955, he founded Jarislowsky Fraser Ltd., which he grew into one of the largest investment firms in Canada. Throughout his career, he was known for his conservative investment strategies, which focused on long-term growth and avoided high-risk investments.

Personal Life

Stephen Jarislowsky was married twice, first to Dilys Price and then to Phyllis Lambert. He had six children. He was known for his philanthropy and was actively involved in numerous charities, including the Canadian Centre for Architecture, the Montreal General Hospital Foundation, and the Jarislowsky Foundation.

FAQs

1. How did Stephen Jarislowsky get his start in the investment industry?

Stephen Jarislowsky began his career as an investment analyst at Investors Mutual of Canada after completing his studies at Oxford University.

2. What is Stephen Jarislowsky’s net worth?

Stephen Jarislowsky’s net worth is currently estimated to be $1.19 billion.

3. How did Jarislowsky Fraser Ltd. become one of the largest investment firms in Canada?

Jarislowsky Fraser Ltd. became one of the largest investment firms in Canada thanks to Jarislowsky’s smart investment strategies and his ability to build long-lasting relationships with his clients.

4. What was Jarislowsky’s investment strategy?

Jarislowsky’s investment strategy was conservative and focused on long-term growth. He avoided high-risk investments and sought out companies with strong fundamentals.

5. Was Jarislowsky involved in philanthropy?

Yes, Jarislowsky was actively involved in numerous charities, including the Canadian Centre for Architecture, the Montreal General Hospital Foundation, and the Jarislowsky Foundation.

6. How many children did Jarislowsky have?

Jarislowsky had six children.

7. Who was Jarislowsky’s second wife?

Jarislowsky’s second wife was Phyllis Lambert.

8. What was Jarislowsky’s relationship with his clients like?

Jarislowsky was known for his ability to build long-lasting relationships with his clients based on trust, honesty, and transparency.

9. What was Jarislowsky’s approach to risk?

Jarislowsky’s approach to risk was conservative, and he avoided high-risk investments.

10. What were some of the charities that Jarislowsky supported?

Jarislowsky supported numerous charities, including the Canadian Centre for Architecture, the Montreal General Hospital Foundation, and the Jarislowsky Foundation.

11. Was Jarislowsky involved in politics?

No, Jarislowsky was not involved in politics.

12. How did Jarislowsky become successful in the investment industry?

Jarislowsky became successful in the investment industry thanks to his smart investment strategies and his ability to build long-lasting relationships with his clients based on trust, honesty, and transparency.

13. What is Jarislowsky’s legacy?

Jarislowsky’s legacy is one of smart investment strategies, conservative risk management, and a commitment to philanthropy.

14. What were some of the companies that Jarislowsky invested in?

Jarislowsky invested in numerous companies over the course of his career, including BCE Inc., Royal Bank of Canada, and Suncor Energy.

15. What is the Jarislowsky Foundation?

The Jarislowsky Foundation is a charitable foundation that supports medical research, education, and the arts. It was founded by Stephen Jarislowsky in 1992.

Illness and Death

Stephen Jarislowsky passed away on June 26, 2021, at the age of 95. His death was confirmed by the Jarislowsky Fraser Investment firm. His passing was mourned by many in the business world who praised his legacy and impact on the industry.

Real Estate

Stephen Jarislowsky owned a number of properties throughout his life, including a home in Westmount, Quebec, and a residence in Florida. He was known for his luxurious lifestyle and his appreciation for fine art and antiques.

Legacy

Stephen Jarislowsky’s legacy is one of smart investment strategies, conservative risk management, and a commitment to philanthropy. His impact on the Canadian business world will be felt for many years to come.