How Much Is The Weston Family Worth? A Look At Their Fortune

The Weston family is incredibly wealthy! In March 2023, Maclean’s magazine reported the value of the family’s shares in George Weston Ltd. at $10.8 billion. It’s a remarkable story, starting with a humble bakery in Toronto back in 1884.

Over four generations, the Weston family built a vast empire, owning grocery and retail businesses in both Canada and Britain. Their success is due to a combination of hard work, shrewd business acumen, and a focus on quality products and customer service.

It’s worth noting that the $10.8 billion figure represents the value of the family’s shares in George Weston Ltd., which is just one part of their overall wealth. The Westons also own interests in other companies, including Loblaw Companies Limited, Shoppers Drug Mart, and Fortnum & Mason. This makes their actual net worth likely much higher, though exact figures are not publicly available.

George Weston Limited is a publicly traded company, so the value of their shares is publicly available. But the Westons also have private holdings, which are not disclosed publicly. So, while we know the family’s wealth is immense, we can’t know the exact amount.