Jacqueline Desmarais & family was bornon 1928 in Canada. Jacqueline Desmarais and her four children inherited a massive fortune left to them by her late husband Paul Desmarais, Sr. who died in Oct. 2013. He was 86. Mrs. Desmarais now oversees the family fortune with her sons Paul, Jr. and Andre as trustees of the Desmarais Family Residuary Trust. Both sons serve as co-CEOs of the Montreal-based Power Corp., which their father built into a publicly-traded financial services behemoth that includes mutual fund company Putnam Investments, insurance firm Great-Life Westco and a stake in Chinese conglomerate CITIC Pacific. The family sold more than 15 million subordinate voting shares of Power Corp. in Jan. 2014. Jacqueline Desmarais lives at the family's 75-acre estate Le Domaine Laforest in Quebec.
Jacqueline Desmarais is the widow of Paul Desmarais, who died in 2013
She was born Jacqueline Maranger in Sudbury, Ontario in 1928