Galen Weston

What flavour of power shall we talk about when we talk about Galen Weston, who is the second-richest person in the country and the 35th richest in the world?

Report on Business magazine
November 1, 2005

Galen Weston
Chairman, Loblaw Cos, Ltd., Toronto and Windsor, England

What flavour of power shall we talk about when we talk about Galen Weston, who is the second-richest person in the country and the 35th richest in the world?

To start, he's got inheritor power. Weston owns 62% of the company his grandfather established - George Weston Ltd. - which in turn owns the same proportion of giant Loblaw. Economic power?

He took that patrimony and grew the business to such a degree that the average Canadian would be hard pressed to avoid patronizing his grocery stores and bakeries. As for glamour power, this inductee on the International Best Dressed List is also in his element in the high-fashion retail world.

He tends to own the best: Holt Renfrew in Canada, Brown Thomas in Ireland, Selfridge's in England.

Then there's his lifestyle power: the fabulous spreads in Toronto and Florida and in Windsor, England, and the equally fabulous parties. As a host, Weston attracts the likes of his polo pal Prince Charles as a guest, he makes the cut at Vanity Fair's ne-plus-ultra affairs.

Finally, there is the power-couple synergy owed to his elegant wife, Hilary, former Lieutenant Governor of Ontario. Example: They write a cheque for $20 million for the redesign of the Royal Ontario Museum, and Hilary gets on the phone to help raise more.


Brought to you by WikidFranchise.org

Risks: Big Grocery, Canada, 20051101 Galen Weston

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License