Daryl Katz’s profile picture

Daryl Katz

Chairman, Rexall Health
Daryl Katz’s profile picture
Net worth 2018: $3.01 Billion
Residence: Edmonton, Canada
Country: Canada
BirthDay: 31 May 1961
Sigh: Gemini
Children: 2
Education: Bachelor of Arts / Science, University of Alberta; Doctor of Jurisprudence, University of Alberta
BIOGRAPHY

Daryl Katz was bornon 31 May 1961 in Edmonton, Canada, Canada, is Chairman, Rexall Health. Daryl Katz is #771 in List Billionaires People In The World. Daryl Katz amassed a fortune in the pharmacy business, buying the Canadian rights to U.S. franchise Medicine Shoppe in 1991. A few years later, he snatched up struggling Canadian drugstore chain Rexall, and expanded to the U. S. market with the acquisitions of Snyders Drug Store and Drug Emporium. His eponymous Katz Group has since sold off all of its pharmacy operations. Now the Edmonton native is focused on his second act, which may indeed became his ultimate legacy--revitalizing his native city's downtown. His group has been co-developing a $2 billion, 25-acre complex that will include hotel, condo and office towers, among other things, and will be one of Canada's largest mixed-use developments. Phase one is expected to be completed by 2020. An 18,500-seat arena, operated by Katz but owned by the city, opened in the fall of 2016 to house his NHL team, the Edmonton Oilers.

NET WORTH STATISTIC
2009

$1.5 Billion

2010

$1.4 Billion

2011

$2 Billion

2012

$2 Billion

2013

$2.6 Billion

2014

$3.3 Billion

2015

$3.3 Billion

2016

$3.2 Billion

2017

$2.9 Billion

2018

$3.01 Billion

TIMELINE
2016

Model and actress Greice Santo accused Katz in 2016 of repeatedly offering her money in exchange for sex, which she refused

2015

The Edmonton Arena District was formally renamed Ice District on July 13, 2015

2014

In 2014, it was announced that the City of Edmonton and Stantec would be the major tenants of the two respective office towers

2012

5 billion which makes him the 12th wealthiest person in Canada

2009

In 2009 Katz donated $20 Million to Mount Sinai Hospital in Toronto and founded The Daryl A Katz Centre For Urgent And Critical Care

2008

On June 18, 2008, Daryl Katz received the final OK from the National Hockey League to purchase the Edmonton Oilers, and then on July 2, 2008, he was officially announced as the owner of the Edmonton Oilers during a Press Conference at Rexall Place, where he was presented with an Edmonton Oilers Jersey with the number "08" and his last name patched onto the back

2007

On December 12, 2007, Katz made an offer of $188-million to the EIG

2006

In October 2006 Katz announced a $7 million donation to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences and Faculty of Law

2005

Between 2005 and 2010, Katz and his wife have donated "over $50 million" to organizations and institutions across Canada

2004

In 2004, Katz purchased the naming rights for ten years to the new $45-million Rexall Centre, a 12,500-seat tennis and entertainment complex on the campus of York University

2003

was not without failure: the Snyder's chain filed for bankruptcy in 2003 and its 25 stores were sold to Walgreens

2001

with the purchase of the money-losing, $300 million in sales, Minnesota-based Snyders Drug Store chain; in 2001, he purchased the U

1998

The business grew and by 1998, the Katz Group consisted of 80 Rexall stores, 30 Medicine Shoppe outlets, and a few smaller independent retailers

1997

In 1997, he purchased the Ontario-based, 143-store Pharma Plus drug store chain from the supermarket operator Oshawa Group for $100 million

1996

In 1996, Katz purchased the storied but fading Rexall drugstore chain in Canada which at the time, only consisted of several dozen stores

1992

In 1992, they opened the first Medicine Shoppe store and Katz founded the Katz Group of Companies which was to become the holding company for the group

1991

In 1991, in a partnership with his father, Katz paid $300,000 for the Canadian rights to the U

1987

The west wing of the Health Research Innovation Facility at the corner of 87th Avenue and 114th Street in Edmonton has been named The Katz Group Centre for Pharmacy and Health Research

1982

He then attended the University of Alberta, graduating with an arts degree in 1982 and with a law degree in 1985

1970

His father was a pharmacist who founded Value Drug Mart in Edmonton in the 1970s

1961

Daryl Katz was born in 1961 in Edmonton, Alberta

1952

In 1952, her father founded the North American Construction Group which became one of the largest mining and heavy construction companies in Canada

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