Jean Coutu was born in Quebec, Canada, Canada, is Chairman, Jean Coutu Group (PJC) Inc. (Cl A). Jean Coutu is #1031 in List Billionaires People In The World. Jean Coutu founded and chairs the Jean Coutu Group, a publicly-traded Canadian pharmacy retailer with more than 400 franchised stores in Quebec, New Brunswick and Ontario. His son, Francois, oversees day-to-day operations as president and CEO. Once a leading shareholder of U.S. drug store operator Rite Aid, The Jean Coutu Group sold the last of its stake in 2013. Coutu opened his first drugstore in Montreal in 1969 and gradually built up the company, serving as chief executive until 2002 and then again from 2005 to 2007. His Marcelle and Jean Coutu Foundation is dedicated to fighting poverty and promoting wellness.