The Libfeld family is one of the most financially successful families in Canada, all thanks to their business empire, The Conservatory Group was founded by Ted Libfeld in 1960. Libfeld ran the family business with his 4 sons (Sheldon, Mark, Jay and Corey) until he passed away in 2000. Today, the Libfeld family has a net worth of $782 million, which ranks it among the top 100 richest families in the country.
Teddy Libfeld was also considered to be one of the leading home builders in Israel. He was the first home builder in Ontario to initiate presale marketing of new homes. The Conservatory Group has since been an active participant in the advancement of Toronto’s building industry for over 40 years. The group is estimated to have built over 75,000 homes across the GTA. The group builds about 1,500 units per year, and it has many projects that are under construction presently.
Sheldon, Mark, Jay and Corey
Over the years that the group has been operation, it has experienced enormous success, more so in the recent years. This is as a result of high-rise projects in the likes of Pearl in North York, Milan at Yonge and Davenport, Altitude Condos in Scarborough, Infinity.
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