Alberta’s economy has historically been heavily reliant on the energy sector, particularly oil and gas. However, there are other industries that have also contributed to the wealth of the province, including agriculture, forestry, mining, and technology. In recent years, there has been a push to diversify the economy and promote growth in sectors such as renewable energy, tourism, and the creative industries.
As of 2021, it is estimated that the oil and gas industry accounts for roughly 25-30% of Alberta’s gross domestic product (GDP), which is a measure of the total value of goods and services produced in the province. However, it is difficult to estimate the exact percentage of Alberta’s wealth that comes from oil and gas, as it depends on various factors such as market prices, production levels, and the performance of other industries in the province.
As an AI language model, my training data only goes up to 2021, so I do not have information on the current net worths of individuals in 2023. However, I can provide you with a list of some of the wealthiest people in Alberta based on Forbes’ 2021 list of billionaires, along with their net worths as of that year:
Daryl Katz (Owner of the Edmonton Oilers and founder of the Katz Group)
Daryl Katz is a Canadian businessman and philanthropist who was born on May 31, 1961, in Edmonton, Alberta. He is the founder and chairman of the Katz Group of Companies, a privately held conglomerate that operates in several industries, including pharmacy retail, real estate development, and sports and entertainment.
Katz started his career as a lawyer before turning to business. In 1991, he founded the Medicine Shoppe Canada, a pharmacy chain, which he later sold to the United States-based Katz Group in 1998. He then became the CEO of the Katz Group, overseeing the company’s growth and expansion into new industries.
In addition to his business pursuits, Katz is also involved in philanthropic work. He has made significant donations to various charitable causes, including healthcare and education initiatives. He has also been a major supporter of the arts, donating millions of dollars to cultural organizations and projects.
As of 2021, Daryl Katz has an estimated net worth of approximately $4.5 billion, according to Forbes, making him one of the wealthiest people in Canada.
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N. Murray Edwards (Chairman of Canadian Natural Resources)
N. Murray Edwards is a Canadian businessman and one of the wealthiest people in the country. He was born on December 10, 1959, in Regina, Saskatchewan. Edwards graduated from the University of Saskatchewan with a degree in commerce before going on to earn a law degree from the University of Toronto.
Edwards made his fortune primarily in the oil and gas industry. He is the co-owner of the Calgary Flames, a National Hockey League team, and is also known for his involvement in the Canadian Natural Resources Limited (CNRL) oil company. He co-founded CNRL in 1989 and has served as its chairman since 2012.
In addition to his business ventures, Edwards is known for his philanthropy. He has donated significant amounts to institutions such as the University of Saskatchewan, the Banff Centre for Arts and Creativity, and the Calgary Stampede. He has also established his own charitable foundation, the N. Murray Edwards Foundation, which supports a range of causes including education, health care, and the arts.
As of 2021, Edwards’ net worth was estimated to be around $2.7 billion CAD, according to Forbes.
David Werklund (Founder of Energy Computer Systems)
David Werklund is a Canadian businessman and philanthropist, born on May 21, 1948, in Bow Island, Alberta. He is best known as the founder of Energy Corporation of America (ECA), an oil and gas company that he started in 1984 with a single gas well in West Virginia. Under Werklund’s leadership, ECA grew into a significant player in the energy industry, with operations in the United States, Canada, and China. In 2008, Werklund sold ECA for $1.7 billion, making him one of the wealthiest individuals in Canada.
After selling ECA, Werklund became an active philanthropist, donating millions of dollars to various charitable causes. He and his wife Susan have donated to organizations such as the Alberta Children’s Hospital Foundation, the Calgary Homeless Foundation, and the Calgary Health Trust. In addition to his philanthropy, Werklund has also been involved in various educational initiatives. In 2009, he donated $25 million to the University of Calgary’s Haskayne School of Business, which was subsequently renamed the Werklund School of Education.
Werklund has been recognized for his contributions to business and philanthropy by various organizations. In 2013, he was inducted into the Canadian Business Hall of Fame, and in 2016, he received the Order of Canada for his philanthropic work.
Clayton Riddell (Former CEO of Paramount Resources)
Clayton Riddell was a Canadian businessman and philanthropist, born on February 6, 1937, in Nova Scotia, Canada. He passed away on September 16, 2018, in Calgary, Alberta, Canada, at the age of 81.
Riddell started his career as a geologist in the oil and gas industry in the 1960s. He went on to co-found Paramount Resources, a Calgary-based oil and natural gas exploration and production company, in 1978. The company went public in 1979, and under Riddell’s leadership, it grew to become one of the largest independent oil and gas producers in Canada.
Aside from his business career, Riddell was known for his philanthropy. He was a major supporter of various charitable causes, including health care, education, and the arts. He donated millions of dollars to a variety of organizations, including the Calgary Health Trust, the University of Calgary, and the Banff Centre for Arts and Creativity.
In addition to his business and philanthropic activities, Riddell was also known for his ownership of the Calgary Flames, a professional ice hockey team in the National Hockey League (NHL). He purchased a controlling stake in the team in 2003 and served as its chairman until his death.
At the time of his death in 2018, Riddell was estimated to have a net worth of approximately $2.4 billion CAD, making him one of the wealthiest people in Alberta.
Bob Gomes (Former CEO of Stantec)
Bob Gomes is a Canadian business executive who was the former CEO of Stantec, a multinational engineering and design firm headquartered in Edmonton, Alberta. Gomes joined Stantec in 1981 as a junior engineer and worked his way up the ranks, eventually becoming CEO in 2010. Under his leadership, Stantec grew significantly, both organically and through strategic acquisitions, and became one of the largest engineering firms in the world. Gomes retired as CEO in 2018 but remained with the company as a strategic advisor. He has been recognized for his leadership and contributions to the engineering industry, including being inducted into the Canadian Business Hall of Fame in 2019.
Allan Markin (Co-founder of Canadian Natural Resources)
Allan Markin is a Canadian businessman and philanthropist who is best known for co-founding Canadian Natural Resources (CNRL) in 1989. CNRL is one of the largest independent crude oil and natural gas producers in the world, with operations in Western Canada, the North Sea, and offshore Africa.
Born in 1948 in Calgary, Alberta, Markin started his career in the oil and gas industry in the early 1970s as a landman, working for several companies before eventually co-founding CNRL. He served as the company’s chairman from 1989 until his retirement in 2012.
Markin is also known for his philanthropic work. In 2006, he donated $100 million to the University of Calgary, the largest single donation in the university’s history. The donation helped fund the creation of the Hotchkiss Brain Institute, which conducts research into neurological and mental health disorders. He has also made significant donations to the Calgary Health Trust and the Banff Centre for Arts and Creativity.
As of 2023, Markin’s net worth is estimated at $2.2 billion USD, according to Forbes.
Jim Pattison (Founder of the Jim Pattison Group, based in British Columbia but with significant operations in Alberta)
Jim Pattison is a Canadian billionaire businessman and philanthropist, born on October 1, 1928, in Saskatoon, Saskatchewan. He is the chairman, CEO, and sole owner of the Jim Pattison Group, a diversified conglomerate with interests in a range of industries including automotive, media, agriculture, entertainment, and real estate.
Pattison started his first business, a radio station, in 1965 and since then, he has built his business empire through a series of acquisitions, investments, and partnerships. Today, the Jim Pattison Group has over 550 locations worldwide and employs more than 45,000 people.
Apart from his business interests, Pattison is also known for his philanthropic activities. He has donated millions of dollars to various charitable causes, including hospitals, universities, and arts organizations. In recognition of his philanthropy, he has received numerous honors and awards, including the Order of Canada.
As of 2023, Forbes estimates Jim Pattison’s net worth at $8.7 billion, making him one of the wealthiest people in Canada.
Editor’s note: ChatGPT appears to be parsing the wealth Pattison derived from Alberta here…)
Brett Wilson (Co-founder of FirstEnergy Capital)
Brett Wilson is a Canadian entrepreneur, philanthropist, and TV personality. He co-founded the investment banking firm FirstEnergy Capital in 1993, which became one of Canada’s leading investment banks specializing in the energy sector. Wilson also co-founded and served as chairman of Canoe Financial, an investment management firm.
In addition to his business ventures, Wilson is a well-known philanthropist and has donated millions of dollars to various causes, including health care, education, and the arts. He is a member of the Order of Canada and has received numerous awards for his philanthropic work.
Wilson is also known for his appearances on the television show “Dragons’ Den,” where he was one of the original “dragons” or investors who evaluate and potentially invest in pitches from aspiring entrepreneurs.
Ronald Southern (Co-founder of ATCO Ltd., passed away in 2016)
Ronald Southern was a Canadian businessman who co-founded ATCO Ltd. with his brother in 1947. Born in Calgary, Alberta in 1930, Southern started working in the family’s trucking business, Southern Alberta Trucking Company, before branching out to start ATCO. The company initially focused on providing trailer rentals for construction sites, but later expanded into modular housing, energy, and other services.
Southern served as the CEO and Chairman of ATCO for many years, and under his leadership, the company grew to become one of Canada’s largest and most successful corporations. He was also known for his philanthropic efforts, donating millions of dollars to various causes over the years.
Southern passed away in 2016 at the age of 85, leaving behind a legacy as one of the most influential business leaders in Alberta’s history. At the time of his death, he had a net worth of $1.5 billion, making him one of the wealthiest people in the province.
George Gosbee – $550 million (Former CEO of AltaCorp Capital, passed away in 2017)
George Gosbee was a Canadian investment banker and entrepreneur who was born on November 7, 1969, in Saskatchewan, Canada. He earned a bachelor’s degree in commerce from the University of Saskatchewan and an MBA from the University of Western Ontario.
Gosbee began his career as a banker with the Bank of Nova Scotia and later worked for Trilon Financial Corp. He then co-founded AltaCorp Capital, a Calgary-based investment firm, in 2010. The firm quickly became one of the largest independent investment banks in Canada, specializing in advisory services for clients in the energy, power, and mining sectors.
Aside from his business career, Gosbee was also a philanthropist who supported various causes, including the arts, education, and health care. He served on the board of governors for the National Hockey League and was a minority owner of the Arizona Coyotes.
Sadly, George Gosbee passed away on November 12, 2017, at the age of 48. He is remembered as a prominent figure in the Canadian business community and a generous supporter of many charitable causes.
Please note that this list is not exhaustive and the net worths mentioned here may have changed since 2021.