The Richardson family is one of the wealthiest and most renowned families in Canada. Currently, the family’s fortune is estimated to be $4.4 billion, making it the 9th richest family in Canada. The family derives its fortune from its privately-held business that was established in 1857 by James Richardson.
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At the time of its inception, the company was known as James Richardson & Sons, and it has since contributed to Canada’s economic growth, which is for more than 150 years. The family business started as a one-man grain merchandizing operation in Kingston, Ontario, Canada. The firm has since developed into a multinational enterprise with thousands of employees in different parts of the world.
Today, James Richardson & Sons manages successful operations in oil and gas exploration via Tundra Oil & Gas Limited, agriculture and food processing via Richardson International Limited, property management via Richardson Centre Limited and financial services via Richardson Financial Group. The firm has been recognized as one of the most significant and enduring privately-owned business in the country. Richardson’s daughter, Agnes Benidickson, became the 1st female Chancellor of Queens, while his son, James Armstrong Richardson, became a cabinet minister in the Pierre Trudeau government.