Daryl Katz

$7.09 B

Ranked #519 in World

About Daryl Katz

Canadian billionaire Daryl Allan Katz, founder of the Katz Group, has transformed Edmonton with his business acumen, owning the Oilers and shaping the Ice District. From humble beginnings, Katz leveraged his law degree, embarking on a pharmaceutical empire with notable acquisitions and eventual lucrative sales to McKesson. His Oilers Entertainment Group enriches local sports and entertainment. Philanthropic endeavors underscore Katz's commitment to healthcare, education, and community, complementing his personal life marred by recent health battles and disputed allegations of misconduct.

Born

September 01, 1961 in Edmonton, Alberta, Canada

Age

64 years

Source Of Wealth

Pharmacies

Industries

Diversified

Citizenship

Canada

Residence

Edmonton

Education

Bachelor of Arts/Science, University of Alberta; Doctor of Jurisprudence, University of Alberta

Spouse

Renee Gouin

Children

Daryl Allan Katz, a prominent Canadian billionaire businessman and philanthropist, was born in 1961 in Edmonton, Alberta. He graduated from the University of Alberta with an arts degree in 1982 and a law degree in 1985, setting the stage for his future success.

Daryl Katz: Family

Katz is married to Renee Gouin, the daughter of Jean Yvon (Ivan) Gouin, the founder of North American Construction Group. Together, they have twin children, Chloe and Harrison, who are the founders of the nonprofit organization Hockey Helps Kids.

Daryl Katz: Career Highlights

Katz's career is marked by several notable achievements. He started his own law practice focusing on corporate and franchise law. In 1991, he partnered with his father to acquire the Canadian rights to the Medicine Shoppe drugstore franchise. This was followed by a series of strategic acquisitions, including the purchase of the Rexall drugstore chain in Canada in 1996, the Pharma Plus drug store chain from Oshawa Group in 1997, and the Snyders Drug Store chain in the U.S. in 1999. In 2001, he acquired the U.S.-based Drug Emporium big-box discount chain. In 2012, he sold Drug Trading Co. and Medicine Shoppe Canada to McKesson Corporation for $1.2 billion. In 2016, Katz Group sold its network of approximately 460 outlets to McKesson Corporation for C$3 billion.

Daryl Katz: Companies

Katz is the founder and chairman of the Katz Group of Companies, a diversified holding company with interests in various industries. The group's notable holdings include the Edmonton Oilers, Rogers Place, and the Edmonton Ice District.

Daryl Katz: Major Achievements

One of Katz's major achievements is the purchase of the Edmonton Oilers franchise for $200 million in 2008. He also led the development of Rogers Place, a state-of-the-art sports and entertainment arena, and the Edmonton Ice District, a $2.5 billion mixed-use sports and entertainment development surrounding Rogers Place.

Daryl Katz: Awards & Achievements

Katz has received numerous awards and recognitions for his contributions to business and philanthropy.

He was named Ernst & Young's Entrepreneur of the Year in 2005 and was inducted into the Alberta Business Hall of Fame in 2013. He has also received honorary degrees from the University of Alberta and Mount Royal University.

Daryl Katz: Personal Life & Legacy

Katz has a net worth estimated at US$4.2 billion (November 2022). He is known for his philanthropic efforts, having donated millions of dollars to various organizations and institutions across Canada, including the University of Alberta, Mount Sinai Hospital in Toronto, and the Stollery Children's Hospital in Edmonton.

Daryl Katz: Trivia

Katz has faced some personal challenges, including a life-threatening, antibiotic-resistant bacterial sinus infection that required multiple surgeries. He has also been involved in allegations of sexual misconduct, which were later withdrawn.

Wealth History

Timeline

1961

Daryl Allan Katz is born in Edmonton, Alberta.

1982

Katz graduates from the University of Alberta with an arts degree.

1985

Katz graduates from the University of Alberta with a law degree.

1991

Katz partners with his father to acquire the Canadian rights to the Medicine Shoppe drugstore franchise.

1996

Katz purchases the Rexall drugstore chain in Canada.

1997

Katz purchases the Pharma Plus drug store chain from Oshawa Group.

1999

Katz ventures into the U.S. with the purchase of Snyders Drug Store chain.

2001

Katz purchases the U.S.-based Drug Emporium big-box discount chain.

2008

Katz purchases the Edmonton Oilers franchise for $200 million.

2012

Katz sells Drug Trading Co. and Medicine Shoppe Canada to McKesson Corporation for $1.2 billion.

2014

Katz announces the creation of Oilers Entertainment Group (OEG) to manage the Katz Group's sports and entertainment assets.

2016

Katz Group sells its network of approximately 460 outlets to McKesson Corporation for C$3 billion.

September 2016

Rogers Place arena opens in Edmonton.

2022

Katz's net worth is estimated at US$4.2 billion.

Daryl Katz : FAQs

What is Daryl Katz's current net worth?

Daryl Katz's current net worth is $7.09 billion.

What is Daryl Katz's current global rank among billionaires?

Daryl Katz holds the 519th position globally among billionaires.

What is Daryl Katz's current ranking within the Canada?

Daryl Katz holds the 10th position in Canada.

What was the change in Daryl Katz's net worth compared to the previous year?

Daryl Katz's net worth increased by 1.11 billion dollars compared to the previous year 2025, when his net worth was 5.98 billion dollars.

What is the recent change in Daryl Katz's net worth?

Daryl Katz's net worth decreased by 2.29 million dollars recently, a 0.03% decrease, with his net worth standing at 7.09 billion dollars.

What are Daryl Katz's main sources of wealth?

Daryl Katz's main source of income comes from Pharmacies.

In which industry does Daryl Katz primarily operate?

Daryl Katz is primarily involved in the Diversified industry.

What is Daryl Katz educational background?

Daryl Katz holds a Bachelor of Arts/Science from the University of Alberta and a Doctor of Jurisprudence from the University of Alberta.

How old is Daryl Katz?

Daryl Katz is 64 years old.

How many children does Daryl Katz have?

Daryl Katz has 2 children.

Who is Daryl Katz and what is his connection to the Katz Group of Companies?

Daryl Allan Katz is a Canadian billionaire businessman and philanthropist, best known as the founder and chairman of the Katz Group of Companies, a conglomerate with interests in pharmacy, sports, and entertainment.

How did Daryl Katz make his fortune in the pharmacy business?

Daryl Katz made his fortune by acquiring and expanding drugstore chains. He began by partnering to acquire the Medicine Shoppe franchise in Canada in 1991, then purchased the Rexall drugstore chain in 1996 and continued to grow his pharmacy empire, culminating in the sale of his outlets to McKesson Corporation for C$3 billion in 2016.

What role did Daryl Katz play in the sports industry in Edmonton?

Daryl Katz significantly impacted the sports industry in Edmonton by purchasing the Edmonton Oilers NHL team in 2008, and later founding Oilers Entertainment Group in 2014 to manage the Katz Group's sports and entertainment assets. He also led the development of Rogers Place arena and the Edmonton Ice District.

How has Daryl Katz contributed to philanthropy in Canada?

Daryl Katz has made substantial philanthropic contributions in Canada, including donating $7 million to the University of Alberta's faculties of Pharmacy and Law, $20 million to Mount Sinai Hospital in Toronto, and supporting the Stollery Children's Hospital. Between 2005 and 2010, he and his wife donated over $50 million to various organizations across Canada.

What are the recent personal challenges Daryl Katz has faced?

Daryl Katz has faced serious health challenges, suffering from a life-threatening, antibiotic-resistant bacterial sinus infection that required three surgeries in 10 months. In addition, he faced allegations of sexual misconduct, which have since been withdrawn with an apology issued by the claimants' lawyer.