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# 434 Linda Campbell $4.73B

Random fact: Was raised in Port Credit, Ontario, on Lake Ontario.

Overview

Campbell owns 11 percent of Woodbridge, a closely held investment firm that manages the fortunes of seven grandchildren of Canadian media magnate Roy Thomson. The Ontario-based company owns a 65 percent stake in Thomson Reuters, a financial data and services provider that had revenue of $5.5 billion in 2018.

As of :
Last change -$878k ( -0.0%)
YTD change +$1.26B ( +36.2%)
Industry Media & Telecom
Biggest asset TRI CN Equity
Citizenship Canada
Wealth Inherited
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Linda Campbell's net worth of $4.73B can buy ...

0
troy ounces of gold
0
barrels of crude oil

... and is equivalent to ...

0%
of the GDP of the United States
0%
of the total wealth of the 500 richest people in the world
0%
of the top 100 U.S. college endowments
0%
of the top 200 U.S. executives’ total awarded compensation
0%
of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Campbell's fortune is controlled by Woodbridge, an investment firm that manages the family fortune originated by Canadian media magnate Roy Thomson. After his death in 1976, Thomson's estate was divided between his three children. His son, Kenneth, inherited 42 percent and his two daughters, Audrey and Irma, received 33 percent and 23 percent, respectively, according to a person familiar with the family's assets who asked not to be identified because Woodbridge is closely held.

Each heir evenly split their share in Woodbridge among their children, the source said. David and his two siblings, Peter and Taylor, each received 14 percent of Woodbridge. Each of Audrey's three children, Linda Campbell, Susan Grange and Gaye Farncombe, received 11 percent. A cousin, Sherry Brydson, the only child of Irma, owns about 23 percent.

Campbell is calculated in this analysis to own 11 percent of Woodbridge's stake in Thomson Reuters and it's Cash & Other Assets.

Woodbridge owns 65 percent on Thomson Reuters, according to an August 2019 SEDI filing.

Cash & Other Assets is based on Woodbridge asset values as disclosed in a 2007 investor presentation 2007 and adjusted to reflect dividends, insider transactions, taxes and market performance. The family has collected more than $3 billion in dividend income and share sales since then, based on an analysis of company filings and Bloomberg data.

David Girardin, a spokesman for Thomson Reuters, didn't respond to requests for comment.

Biography

Birthdate:
Family: Married, 1 child

Canada's richest family was set on its path to wealth in 1931, when Roy Thomson acquired a radio station in North Bay, Ontario. Two years later he bought the Timmins Press, a newspaper in Ontario. Two years later he bought the Timmins Press, a newspaper in Ontario. Within five years, Thomson was Canada's leading newspaper owner. After expanding in the U.K., he sold shares in a public offering in 1965, with his son Kenneth taking over the business in 1976.

While Kenneth ran the family business, Roy's two daughters also inherited large minority stakes in the company. Audrey, Campbell's mother, was the oldest of the children. She married Elwood Campbell, a high school science teacher, and raised their three children in Port Credit, Ontario, a town on the shores of Lake Ontario.

Campbell, with her sisters, gave $30 million to the Centre for Addiction and Mental Health in Toronto, and with her cousin Sherry Brydson they also endowed a downtown YWCA. In 2004, with her mother and sisters, Campbell directed what was then Canada's largest ever donation to a hospital -- $67.5 million over four years -- to support cancer research.

Milestones
  • 1931 Roy Thomson purchases a radio station in North Bay, Ontario.
  • 1933 Thomson buys his first newspaper, the Timmins (Ontario) Press.
  • 1976 Kenneth Thomson takes over the business from his father.
  • 2004 With sisters and mother, gives $67.5 million to Princess Margaret Hospital.
  • 2007 Audrey Campbell, oldest child of Roy Thomson, dies at age 90.
  • 2011 With sisters, donates $30 million to Centre for Addiction and Mental Health.
  • 2012 James Smith replaces Tom Glocer as Thomson Reuters CEO.
  • 2014 Thomson Reuters sales reach $12.6 billion for the year.