Rank #2435
Brandt Louie
Net worth $1.7B
Drugstores · Canada
- Born
- Jul 05, 1943
- Age
- 82
- Source
- Drugstores
- Residence
- Vancouver, British Columbia
- Citizenship
- Canada
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Brandt Louie presides over grocery retailer H.Y. Louie and drug store chain London Drugs.
- His Vancouver-based holding company H.Y. Louie is the third-largest private firm in British Columbia, with an estimated $4.2 billion in revenues.
- His grandfather, Hok Yat Louie, immigrated to Vancouver from China in 1896 and worked as a farm laborer.
- Hok Yat eventually saved enough money to open a small general store in the city's Chinatown in 1903.
- Louie joined the family business in 1972 and became president in 1987.
- Prior to working for H.Y. Louie, Brandt was a chartered accountant.
- Originally named the Kwong Chong Company, H.Y. Louie's first store sold seed, fertilizer and wholesale groceries.