Who is Daryl Allan Katz?
The Canadian businessman Daryl Katz is known for his big business ventures and charity. He has a huge fortune that makes him have a place in the top 10 richest men in Canada. His entrepreneurial streak is outstanding. He is an accomplished lawyer by profession but his astuteness in business stands out. He owns large equity at the Katz Group of company courtesy of being the founder and chairman. The Kat group of companies has a grounding in pharmacies, sports, and entertainment, and the real estate sector. The Katz group of companies is among the Canada’s largest privately owned enterprises. Katz group of companies owns the Edmonton Oilers.
Katz father was a pharmacist who founded Value Drug Mart. Katz father inspired his son to venture into pharmaceuticals. After school breaks, Katz would join his father in running the pharmacy thereby getting inspiration from his father.
The alma mater of Katz is Alberta University. He did work at a law firm for a while and then proceeded to establish his practice focusing on franchise and corporate law. The first big business venture that Katz participated in was the one he partnered with his father to franchise for American drug store called Medicine Shoppe. After he acquired the franchise right he went on to start a drugstore in Canada which was the founding enterprise for the Katz group of companies. Katz kept on expanding his chains of pharmacies by acquiring new ones. The growth of Katz drugstore kept on and on as he went on expanding.
Katz tried to find grounding in the US by purchasing Snyders drug store chain. Nonetheless he failed in his foray into the US at the initial stages. Katz never gave up as he went on to acquire the drug emporium in the year 2001.
With his tact and shrewdness Katz was able to purchase the Edmonton Oilers after several failures. After paying a whopping $200 million Katz was declared the owner of Edmond in the year 2008.
Rogers and Edmonton Ice district real estate project was given to Katz group of companies in the year 2014. These mega real estate projects put the Katz group of companies in good lights. The group takes pride in the project; the project sells the group like a hot cake to other interested investors.
His charity works are remarkable due to the kind heart he has for the public institutions.
US and British Colombia have lavish homes of the billionaire Katz apart from his lavish home in Canada. Renee Gouin is his wife of many years.
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