Stephen Smith

$4.38B
$7.6M (-0.2%)
as of 07/02/24

About Stephen Smith

Stephen Smith is the founder and executive chairman of Canadian mortgage lender First National Financial.

Smith launched the company in 1988, just four years after being personally bankrupt, and took it public in 2006.

He also owns about half of Canada Guaranty Mortgage Insurance Company and a stake in publicly traded Canadian bank EQB.

In 2023, he acquired lender Home Trust for more than $1.2 billion.

Smith has donated donated more than $100 million to Queen's University, where the business school is named after him.

Personal stats

Citizenship

Canada

Source of wealth

Finance and investments

Residence

Toronto, Canada

Marital status

Married

Birth date

06/02/51 (age 73)

Number of children

3

Education

Bachelor of Science in Engineering, Queens University

Self-made

self-made

Stephen Smith’s fortune is worth

73K

troy ounces of gold

67K

median U.S. household

44K

median U.S. income

0.088%

U.S. credit card volume

0.018%

GDP of the United States

0.013%

United States debt

Net worth history

Annual ranking

Did you know?

Smith has passed his love of heli-skiing onto his three adult children, and Smith's wife cooks for the tight-knit family every Sunday night.

Net worth over time

Real-time ranking

Financial assets

TORONTO | EQB-CA

Equitable Group

TORONTO | FN-CA

First National Financial Corporation

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