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#400 Taylor Thomson $4.68B

Random fact: Played role as hospital receptionist in 1996 videogame Privateer 2.

Overview

Thomson owns 14 percent of Woodbridge, a closely held family investment firm. The Ontario, Canada-based company's assets include a 60 percent stake in Thomson Reuters, a provider of news and financial data. The publicly traded business is led by her brothers, David and Peter, and had revenue of $11.2 billion in 2016.

As of July 26, 2017:
Last change +$17.4M (+0.4%)
YTD change +$300M (+6.9%)
Industry Media & Telecom
Biggest asset TRI CN Equity
Citizenship Canada
Age 0
Wealth Inherited
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Taylor Thomson's net worth of $4.68B can buy ...

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troy ounces of gold
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barrels of crude oil

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of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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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 Thomson's fortune is derived from Woodbridge, an investment firm that manages the family fortune originated by Canadian media magnate Roy Thomson. After his death in 1976, Thomson divided his estate between his three children. His son, Taylor Thomson's father, Kenneth, inherited 42 percent. 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.

As one of Kenneth Thomson's three children, Taylor Thomson got 14 percent of Woodbridge's assets, as did her brothers David K. R. Thomson and Peter Thomson. Each of Audrey's three children, Linda Campbell, Gaye Farncombe and Susan Grange, own 11 percent. Sherry Brydson, the only child of Irma, holds the largest stake, at 23 percent, according to the source. Billionaire James Pattison, a friend of Kenneth Thomson, told Bloomberg News in a 2012 interview that the magnate, who died in 2006, said he wanted to divide his fortune among his children, and that Kenneth's siblings and their children also had inherited portions of the fortune that originated with Roy Thomson.

Woodbridge's biggest asset is a 60 percent stake in publicly traded Thomson Reuters, a competitor of Bloomberg News and its parent, Bloomberg LP. About a third of the family's assets are held outside of Thomson Reuters and also are managed by Woodbridge. The value of the company's unlisted holdings is derived from a 2007 figure disclosed to Thomson Reuters investors. A portion of that sum, including stakes in publicly traded IHS and Strategic Hotels, are disclosed in regulatory filings. The family has collected more than $3 billion in dividend income since the 2007 asset figure disclosure.

David Girardin, a spokesperson at Thomson Reuters, said Thomson declined to comment on her net worth.

Biography

Birthdate:
Family: Divorced, 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.

One of Kenneth's three children, Taylor Thomson was raised in Toronto, later splitting time in London and the Los Angeles area, where she found modest success as an actress in the 1990s. Her roles included supporting parts in an episode of the television series Forever Knight and the short-lived TV drama Matrix, as well as in a video game, Privateer 2: The Darkening.

She met New York native Michael Kolesa at a Buddhist retreat in upstate New York in the late 1990s, according to a report by Maclean's magazine. The pair married and had a daughter, divorcing after about a year, according to the Canadian publication. Thomson won custody of the child and later returned to Toronto. According to court and published accounts, Thomson began collecting art in the 2000s. She outbid Ann Getty for a pair of Louis XV vases at her first auction, only to learn later that they were frauds. She lost a lawsuit over the purchase against auctioneer Christie's.

Thomson received attention when it was disclosed she had hired private investigator Anthony Pellicano and others to spy on Kolesa and Pamela Miller, a woman who served as a nanny for Thomson in Malibu, California, for about a year. Thomson has sued Miller five times for violation of a non-disclosure agreement.

Thomson lives in Toronto.

Milestones
  • 1931 Roy Thomson purchases a radio station in North Bay, Ontario.
  • 1957 David Kenneth Roy Thomson is born in Toronto.
  • 1957 Brother David Thomson is born in Toronto.
  • 1996 Brother, Peter, forms venture capital arm of Thomson Reuters, Thomvest.
  • 2006 Father Kenneth dies. She inherits one third of his estate.
  • 2009 Thomson buys Reuters for $17 billion, creating news and data company.
  • 2012 James Smith replaces Tom Glocer as Thomson Reuters CEO.
  • 2014 Thomson Reuters sales reach $12.6 billion for the year.