Paul Guy Desmarais Sr. was a Canadian financier and philanthropist, based in Montreal. With an estimated family net worth of US$4.5 billion, Desmarais was ranked by Forbes as the fourth wealthiest person in Canada, and 235th in the world in 2013. He was chairman and chief executive officer of Power Corporation of Canada until 1996, when he passed the reins of management of Power Corporation to his sons, Paul Jr. and André. He continued as a director and as chairman of the executive committee of the board, and remained the controlling shareholder. Power Corporation of Canada is a diversified international management and holding company with interests in companies in the financial services, asset management, sustainable and renewable energy, and other business sectors.
Paul Desmarais, Canadian businessman and philanthropist (born 1927)
On October 8, in the year 2013, Paul Desmarais, Canadian businessman and philanthropist (born 1927). This event is recorded as a Notable Deaths event in the history of October 8, a notable event in this corner of history.
1 notable person is associated with this event, including Paul Desmarais. Learn more below.
Key Facts
- This event took place on October 8, 2013 (AD era).
- It is categorised as a Notable Deaths event in recorded history.
- Referenced in 1 Wikipedia article.
- 1 notable person is recorded as involved in or associated with this event.
- Wikipedia source last updated on 10 September 2026.
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This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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