Eugene Melnyk is a Ukrainian-Canadian entrepreneur, racehorse owner and sports team owner. This self-made billionaire is the founder, former Chairman and CEO of Biovail Corporation. He has had deep interest in the pharmaceutical industry and has established various pharmaceutical companies. He is the current owner, Chairman and Governor of the Ottawa Senators franchise of the National Hockey League. Melnyk currently has an estimated net worth of $1 billion, which makes him one of the wealthiest people in Canada, as well as in Barbados where he currently lives.
Besides his huge interest in the pharmaceutical and sports industries, Melnyk also has interest in horse racing. He is the owner of Winding Oaks Farm in Ocala, Florida and Melnyk Racing Stables Inc. His horse breeding and racing operations have over 200 Thoroughbreds. All of his racehorses are named after landmarks in Barbados and carry the blue and gold national colors, which are also Ukrainian national colors.
Melnyk’s notable possession is probably his private jet, a Gulfstream G550. He is divorced and has 2 children, and he permanently resides in Barbados. Besides being an active businessman, this billionaire is also a renowned philanthropist who has contributed millions of dollars to many charitable organizations. His primary charitable focus is on assisting the elderly and children.
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