Marcel Adams’s profile picture

Marcel Adams

Founder, Iberville Development Limited
Marcel Adams’s profile picture
Net worth 2018: $1.69 Billion
Industry: Real Estate
Residence: Montreal, Canada
Country: Canada
BirthDay: 1920
Children: 4

Marcel Adams was bornon 1920 in Montreal, Canada, Canada, is Founder, Iberville Development Limited. Marcel Adams is #1371 in List Billionaires People In The World. One of Canada's most prolific real estate investors, Marcel Adams founded his Iberville Developments in 1958. Today the company owns and manages nearly 8 million square feet and more than 100 properties including shopping centers, offices, industrial properties and residences. Born in Romania in 1920 under the last name "Abramovich," Adams survived Holocaust labor camps during World War II before coming to Canada. He started working in the leather industry but began investing in local real estate by the mid 1950s. His son, Sylvan Adams, a "Giving Pledge" signatory who now lives in Israel, has since taken over the business. Though the family is immensely private, they made headlines in 2015 when whistleblowers revealed that they had more than $800 million secretly stashed in a Swiss bank account.


$1.1 Billion


$1.1 Billion


$1.5 Billion


$1.69 Billion


As of 2017, Iberville owns and manages a diverse portfolio of over 100 properties consisting of 8 million square feet


In 1958, he founded Iberville Developments and in 1959, he opened his first mall


In 1955, he began investing in real estate making a 70% profit on his first building


In 1953, he married Annie Adams; they have four children: Julian, Sylvan, Linda, and Leora


In 1951, he immigrated to Canada where he worked at a Quebec City tannery


During World War II he was forced to work in Nazi labor camps (1941-1944)


Adams was born Marcel Abramovich to a Jewish family in Romania in 1920

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