Daryl Katz
Daryl Allan Katz is a Canadian billionaire businessman and philanthropist. Katz is founder and chairman of the Katz Group of Companies, one of Canada’s largest privately owned enterprises, with pharmacy, sports & entertainment, and real estate development businesses.
- Daryl Katz amassed a fortune in the pharmacy business, buying the Canadian rights to U.S. franchise Medicine Shoppe in 1991.
- A few years later he snatched up struggling Canadian drugstore chain Rexall, then expanded to the U.S. market.
- Katz, the son of a drug store owner, has since sold off all of his pharmacy operations, pivoting his Katz Group to real estate and entertainment.
- He has been co-developing a $2 billion, 25-acre complex in Edmonton’s downtown that will include offices, condos and retail, among others.
- Katz also owns his native city’s NHL team, the Edmonton Oilers.
