Ronald Vaughan Joyce or known as Ron Joyce is a Canadian tycoon and a self-made billionaire. He is the co-founder of Tim Hortons doughnut chain alongside Tim Horton. Ronald was born in 1930 in Tatamagouche, Nova Scotia, but later on moved to Hamilton, Ontario to join the Hamilton Police force. He served as a police officer till 1965. While in Hamilton, he set up a Dairy Queen franchise and developed a close relationship with Tim Horton.
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In 1967, Ronald and Horton partnered and established the Tim Hortons doughnut chain. Sadly, Horton died in 1974 leaving the control of the full Tim Horton franchise to Ronald, who continued to oversee the management of the franchise throughout 80s. He eventually sold his Wendy’s stock and decided to retire from management. Even so, he continues to be active in Jetport Inc, his own company that has significant interests in aviation, commercial estate and real estate. Today, Ronald is one of the wealthiest people in Canada with an estimated net worth of $1.24 billion.
In 2000, Ronald opened a 5-star, 4-diamond resort/gated community known as Fox Harb’r Golf Resort & Spa. In 2006 he published his memoirs of his time with his friend and business partner, Tim Horton. Ronald is also an active philanthropist and has contributed generously to various charities. One of the numerous charities he devotes his time to include the Tim Horton Children’s Foundation. He also takes an active role in The Joyce Foundation, where he administers his personal philanthropic work.