Galen Weston & family
Overview
- Source of Wealth
- retail
- Industry
- Fashion & Retail
- Residence
- Organization
- Owner at Selfridges Group
- Education
- University of Western Ontario (Bachelor of Arts/Science)
- Children
- 2
Assets
- Associated British Foods PLC22,211,000 shares @ --ABF-GB
- George Weston Ltd.81,703,000 shares @ --WN-CA
- Loblaw Cos. Ltd.3,258,000 shares @ --L-CA
Biography
Galen Weston is chairman emeritus of George Weston, the Canadian food and retail giant founded by his grandfather in 1882.
After successfully running grocery and retail stores in Ireland, his father handed him the reins to the struggling Loblaws supermarket chain in 1972.
He turned the company around, by lopping off underperforming stores and redesigning the rest.
His son, Galen Jr., now runs both George Weston Ltd. and Loblaws, which acquired Canadian drugstore chain Shoppers for about $12 billion in July 2013.
Weston also owns a group of upscale retailers: Canada's Holt Renfrew, Ireland's Brown Thomas and UK department store Selfridges.
About
Weston and his wife, Hilary, created a 416-acre luxury residential community in Vero Beach, FL called Windsor.
Hilary served as Ontario's lieutenant governor from 1997 to 2002.