Marcel Adams is a Canadian real estate mogul and a self-made billionaire. He is one of Quebec’s largest landlords, considering the fact that he owns and manages eight million square feet and more than 100 properties. These properties mostly consist of retail shopping centers, as well as significant residential, industrial and office assets. Today, Adams is one of the richest people in Canada, with his net worth of $1.9 billion.
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Adams was born in 1920 in Romania, but migrated to Quebec, Canada after surviving labor camps during the Second World War. When he moved to Quebec, he started working in the leather industry. By the mid 1950s, he was investing his savings in real estate. In 1958, he established Iberville Developments in order to manage his holdings. Today, Adams is among the largest landlords in Quebec and Canada at large.
Besides Adams’ 4 children and grandchildren, The Adams Fellowship Program is also another probable benefactor of his will. Besides being a successful in the world of business, Adams is also a pacesetter when it comes to the world of philanthropy. He has donated millions of money to support various worthy causes throughout the country. The 94-year old self-made billionaire is however widowed.