Portrait of N. Murray Edwards

Rank #867

N. Murray Edwards

Net worth $4.9B

Oil & gas · Canada

Born
Dec 10, 1959
Age
66
Source
Oil & gas
Residence
Saint Moritz
Citizenship
Canada
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, University of Saskatchewan; Doctor of Jurisprudence, University of Toronto

Net worth over time

Biography

  • N. Murray Edwards derives much of his fortune from stakes in Canadian oil and mining companies.
  • His largest investments include oil sands miner Canadian Natural Resources, aerospace firm Magellan and a minority stake in the NHL's Calgary Flames.
  • A lawyer by training, Edwards made the jump to business at age 28 after promising a dying friend that he would always pursue his passions.
  • He started a merchant bank with partners in the late 1980's, but they spent half their initial capital on digging a natural gas well that came up dry.
  • Edwards then switched gears and diversified from exploration to investing in existing oil and gas assets.
  • Edwards worked four nights a week during high school as a hockey referee.
  • The Saskatchewan native also worked as a garbage crew member and once had a summer job at a beer factory that gave him unlimited beer during his breaks.

Financial assets

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