Delve into the captivating narrative of Stephen Jarislowsky net worth—a journey that traverses the realms of finance, investment expertise, and philanthropy. As a Canadian investor, business magnate, and visionary leader, Jarislowsky’s net worth opens a window into a life characterized by astute financial acumen and a commitment to ethical investing.
Let’s explore with us about his wealth, early life, career, and much more.
|Full Name||Stephen Alfred Jarislowsky|
|Popular Name||Stephen Jarislowsky|
|Birth Date||September 9, 1925|
|Age||98 years old (as of 2023)|
|Parents||Kaethe (née Gassmann) and Alfred Jarislowsky|
|Birth Place||Berlin, Germany|
Bachelor of Arts/Science, Cornell University; Master’s degree in Far Eastern Culture, University of Chicago
|Dating||Not applicable (Married)|
|Net Worth||estimated $1.6 billion|
|Source of Wealth||Founder, Chairman & CEO of Jarislowsky Fraser Ltd., an investment firm|
What is Stephen Jarislowsky Net Worth 2023?
According to recent estimates, Stephen Jarislowsky had a net worth of $1.6 billion. He earned this wealth as the Founder, Chairman, and CEO of Jarislowsky Fraser Ltd. The company has over $39 billion in assets under management, making it one of Canada’s largest and most profitable investment management companies.
Stephen Jarislowsky’s Wiki
Stephen A. Jarislowsky was born in Berlin, Germany, on September 9, 1925, to Kaethe and Alfred Jarislowsky. He is widely recognized as the Warren Buffett of Canada. In 2002, he co-founded the Canadian Coalition for Good Governance to promote strong business ethics. He is also against Quebec nationalism.
Age, Height, and Weight
As of August 22, 2023, Stephen Jarislowsky is 97 years old. Information regarding his height and weight are currently unknown.
Stephen Jarislowsky was born to Kaethe (née Gassmann) and Alfred Jarislowsky.
Career and Awards
Stephen A. Jarislowsky is a renowned figure in the world of business and investment. He has made a significant impact in the Canadian business landscape.
He is the founder, chairman, and CEO of Jarislowsky Fraser Limited, a registered investment counseling firm that manages pension funds, endowment funds, and corporate and private portfolios for clients in North America and overseas. The firm, founded in 1955, boasts over Can$40 billion in assets under management.
Since May 1, 2018, Jarislowsky Fraser operates as a wholly-owned subsidiary of The Bank of Nova Scotia, also known as Scotiabank. Despite this, it maintains its independence in terms of its investment management approach and decision-making process.
Stephen’s personal wealth was estimated at $1.42 billion in December 2017, making him the 34th richest person in Canada.
Throughout his illustrious career, he has been recognized with numerous awards for his contributions to the industry. Some of these accolades include:
- The Lifetime Achievement Award from the Canadian Investment Awards in 2005
- The International Entrepreneur Award from the University of Manitoba
- The Corporate Director Lifelong Achievement Award
- Fellow of the Institute of Corporate Directors
- Induction into the Canadian Business Hall of Fame
Apart from his business pursuits, he is also a defender of business ethics and a critic of ethical breaches. In 2002, he co-founded the Canadian Coalition for Good Governance to promote strong business ethics. He is also a Companion of the Order of Canada and a Grand Officer of the National Order of Quebec.
In his personal life, despite his immense wealth, Jarislowsky leads a modest lifestyle. He does not own extravagant possessions like a plane or a yacht, and he even does his dishes every evening. This down-to-earth attitude, combined with his business acumen and commitment to ethical practices, makes Stephen Jarislowsky a truly remarkable figure in the world of business and investment.
Stephen Jarislowsky is married and has four children. He is an art collector and owns pieces ranging from Chinese jade to French impressionism.
Stephen Jarislowsky News 2023
- February 14, 2023: Jarislowsky steps down as CEO of Jarislowsky Fraser Ltd., the investment firm he founded in 1955. He will remain as chairman of the board.
- April 17, 2023: The Jarislowsky Institute for Canadian Art publishes a new e-publication, Guide to Studying the Visual Arts in Canada.
- July 7, 2023: Jarislowsky announces the creation of the Jarislowsky Chair in Political Leadership at the University of Toronto.
- August 22, 2023: He is named one of the 100 most influential people in Canadian finance by the Financial Post.
As of now, there is no information available about Stephen Jarislowsky’s social media accounts.
FAQs about Stephen Jarislowsky
What is Stephen Jarislowsky’s investment philosophy?
He is known for his conservative investment approach, emphasizing fundamental analysis and long-term value. He is also a proponent of shareholder activism and responsible corporate governance.
What are some of Stephen Jarislowsky’s notable achievements?
Stephen Jarislowsky’s achievements include building a successful investment management firm, advocating for responsible investing practices, and playing a role in shaping corporate governance standards.
Has Stephen Jarislowsky been involved in philanthropy?
Yes, He has been actively involved in philanthropy. He has made significant charitable contributions, particularly in areas related to education, healthcare, and the arts.
In conclusion, Stephen Jarislowsky’s net worth encapsulates not only his financial success but also his profound impact on the investment world and society at large. Through his relentless pursuit of ethical investing, commitment to shareholder activism, and generous philanthropic contributions, his legacy stands as a testament to the power of aligning financial growth with responsible governance. Thank you for reading.
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