Terence (Terry) Matthews
$1.57B
as of 10/04/24
About Terence (Terry) Matthews
A dual U.K. and Canadian citizen, Terence (Terry) Matthews made his fortune with telecom firms Mitel and Newbridge Networks.
In December 2018, he left his Chairman role at Mitel, the company he co-founded with Michael Cowpland, after it was acquired for $2 billion.
In 1986, Matthews founded data networking business Newbridge Networks before selling it to Alcatel in 2000 for $7.1 billion.
He claims to have funded or founded more than 100 companies, many through his Ottawa-based investment firm Wesley Clover.
A resident of Canada, his U.K. property portfolio includes Celtic Manor Resort, which hosted the 2010 Ryder Cup and 2014 NATO Summit.
Personal stats
Citizenship
CanadaSource of wealth
TelecomResidence
Ottawa, CanadaMarital status
MarriedBirth date
04/01/43 (age 81)Number of children
4Education
Doctorate, Carleton College; Bachelor of Arts/Science, University of WalesSelf-made
self-madeTerence (Terry) Matthews’s fortune is worth
26K
troy ounces of gold
24K
median U.S. household
16K
median U.S. income
0.031%
U.S. credit card volume
0.006%
GDP of the United States
0.005%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Matthews was knighted by Queen Elizabeth in 2001; the honor created a diplomatic incident in Canada, which does not allow its citizens to accept foreign titles.
Net worth over time
Real-time ranking
Financial assets
NASDAQ | CPAH-US
Counterpath CorpTSX VENTURE | MTLO-CA
Martello Technologies GroupImages © Forbes.com. All rights reserved.