Galen Weston Net Worth

With the net worth of $9 Billion, Galen Weston is the #
171
richest person on earth all the time follow our database.

Galen Weston Net Worth Detail

Willard Gordon Galen Weston OC CVO OOnt (born 29 October 1940) is a British-Canadian businessman as well Chairman Emeritus of George Weston Limited, a leading food processing and distribution company. Weston and his family, with an estimated net worth of US$8.7 billion, are listed as the third wealthiest in Canada and 178th in the world by Forbes magazine (June 2019).

Galen Weston Salary Detail

Within the first few years of Weston’s chairmanship, $300 million of non-core assets were divested. “The one philosophical change as a result of my involvement with the company was to swing from a commitment to sales growth – almost regardless of geography of industry, sales came first, earnings second – to the question of return on capital employed and productivity in its most sophisticated sense.”

Well into the 1970s, the company continued to sell assets to shore up its balance sheet. In 1978, both Loblaw and George Weston Limited returned to profitability and in 1980 Weston’s showed record earnings of $76 million on sales of $6 billion.

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Family Net Worth