Quick Info Table
| Details | |
|---|---|
| Name | Jacqueline Desmarais & Family |
| Nationality | Canadian |
| Net Worth (2024) | $3.5 billion (estimated) |
| Source of Wealth | Power Corporation of Canada, Investments |
| Ethnicity | French-Canadian |
Early Life and Background
Jacqueline Desmarais, a prominent figure in Canadian society, was born on December 8, 1928, in Sudbury, Ontario. She was the wife of the late Paul Desmarais, a renowned Canadian businessman and founder of Power Corporation of Canada. Jacqueline and Paul Desmarais were known for their significant contributions to various philanthropic causes, particularly in the fields of education, healthcare, and the arts.
Family Legacy and Business Empire
The Desmarais family's wealth and influence stem from their ownership of Power Corporation of Canada, a diversified international management and holding company. Under Paul Desmarais' leadership, the family business expanded globally, with investments in sectors such as finance, energy, and media. Jacqueline played a pivotal role in supporting her husband's business endeavors and shared his commitment to philanthropy.
Philanthropic Endeavors
Jacqueline Desmarais continued her late husband's legacy of philanthropy following his passing in 2013. The Desmarais family has donated generously to numerous charitable organizations and initiatives, including educational institutions, hospitals, and cultural institutions. Their philanthropic efforts have had a lasting impact on Canadian society, supporting initiatives that promote education, healthcare, and the arts.
Net Worth and Investments
As of 2024, the Desmarais family's estimated net worth stands at $3.5 billion, primarily derived from their holdings in Power Corporation of Canada and various strategic investments. Their diversified investment portfolio includes interests in financial services, energy, and real estate, contributing to their substantial wealth and financial influence in Canada and beyond.
Continuing the Legacy
Jacqueline Desmarais and her family remain influential figures in Canadian business and philanthropy, upholding a tradition of excellence and generosity established by Paul Desmarais. Their commitment to giving back to society and supporting worthy causes has solidified their reputation as pillars of the Canadian community.
In conclusion, Jacqueline Desmarais and her family's enduring legacy as business leaders and philanthropists exemplify the power of wealth used for the betterment of society. Their contributions have left a lasting impact on Canada's social fabric, enriching the lives of countless individuals through their charitable endeavors and commitment to making a difference.
