Gerald Schwartz
Toronto, Canada
Master of Business Administration, Harvard University
Canada
finance, Self Made
$1,600,000,000
1425
#1425 Billionaires 2019
Gerald Schwartz runs Onex, one of Canada's largest private equity firms.He got his start working with buyout legends Jerome Kohlberg, Henry Kravis and George Roberts at Bear Stearns in the 1970s.The Americans left to start KKR in 1976; Schwartz went home to Canada and cofounded the media company CanWest.In 1984 he started Onex, which has quietly outperformed many of the vaunted American private equity shops.Today the firm boasts $33 billion in assets, which Schwartz manages as chairman and CEO.
Schwartz also serves as a director of bookstore chain Indigo Books & Music, which his wife, Heather Reisman, founded and runs.The couple's HESEG Foundation provides full academic scholarships and living expenses to lone soldiers who travel to Israel to serve in the Israel Defense Forces.
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