Rank #1181
Barry Zekelman
Net worth $3.6B
Steel · Canada
- Born
- Jan 03, 1967
- Age
- 59
- Source
- Steel
- Residence
- Windsor, Ontario
- Citizenship
- Canada
- Marital status
- Children
- 0
- Education
- Drop Out, York University
Net worth over time
Biography
- Barry Zekelman took over his family's steel business at age 19 and has since grown it into one of North America's largest steel pipe and tube makers.
- He sold the company to the Carlyle Group in 2006 for some $1.2 billion, but continued to help run it. He and his family bought it back in 2011.
- Today Barry and his two brothers, Clayton and Alan Zekelman, split 100% ownership of the $3.3 billion (revenues) firm, now named Zekelman Industries.
- The company has also pumped more than $1 billion into Z Modular, a division that is developing modular apartment complexes in places such as Texas, Arizona and Canada.
- One of Zekelman Industries' subsidiaries, Atlas Tube, produced steel for stretches of the Mexican border wall in Arizona.
- Zekelman races Ferraris and has owned a series of yachts named "Man of Steel."