#2224
Alan Zekelman
Canada 63 years old
Overview
- Source of Wealth
- Steel
- Industry
- Manufacturing
- Residence
- Bloomfield Hills, Michigan
- Education
- University of Rochester (Master of Science)University of Toronto (Bachelor of Commerce)
Biography
Alan Zekelman owns a stake in his family's steel business, Zekelman Industries.
The $3.3 billion (revenues) company is one of North America's largest steel pipe and tube makers.
The company has also pumped more than $1 billion into Z Modular, a division that is developing modular apartment complexes in places such as Texas, Arizona and Canada.
Alan and his brothers, fellow billionaires Barry Zekelman and Clayton Zekelman, split 100% ownership of Zekelman Industries.
They sold the company to the Carlyle Group in 2006 for some $1.2 billion, but bought the business back in 2011.
About
One of Zekelman Industries' subsidiaries, Atlas Tube, produced steel for stretches of the Mexican border wall in Arizona.