The Jodrey family has an estimated net worth of $735 million, thus considered to be one of Nova Scotia’s richest and most influential families. John Jodrey served as the head of this family until his death at the age of 98. His biggest role was to oversee the operations of the family’s vast business empire that includes a diverse range of companies that specialize in pulp, paper, medical devices, construction materials and paper plates.
John Jodrey took over his family’s business from his father, and went on to serve as Chair and President of Scotia Investments for almost sixty years. Scotia Investments manages Minas Basin Pulp and Power Co. and Maritime Paper Products. The group grew to become one of the most important innovators in the province. Besides its ownership of Scotia Investments, the Jodrey family also acquired a controlling interest in High Liner Foods Inc., as well as large stakes in various publicly traded companies.
In recent years, the family’s business empire was divided up among family members. This family is not only renowned for its business endeavors, but it is also known for its philanthropic activities. John Jodrey was an avid supporter of various universities based in Nova Scotia and created scholarships. He also supported various hospitals and foundations. In 1999, he was named to the Order of Canada.
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