N. Murray Edwards

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N. Murray Edwards
N. Murray Edwards.jpg
Born (1959-12-10) December 10, 1959 (age 55)[1]
Regina, Saskatchewan
Residence Calgary
Nationality Canadian
Education University of Saskatchewan
University of Toronto
Net worth US $ 2.2 billion (est.) (2011)[2]
Spouse(s) Heather Bala Edwards, 1 son

N. Murray Edwards (born December 10, 1959) is a Canadian businessman and a co-owner of the Calgary Flames hockey team. With an estimated net worth of $US 2.2 billion (as of March 2011), Edwards was ranked by Forbes as the 14th wealthiest Canadian and 540th in the world.[3]

Background[edit]

Edwards studied at the University of Saskatchewan, graduating with a Bachelor of Commerce (honours), after which he obtained his law degree from the University of Toronto. He would later also receive an honorary Doctor of Laws degree from the University of Saskatchewan. In 2013, he received an honorary law degree from the University of Toronto.

Edwards is married to Heather Bala Edwards and they have one son.

Source of Edwards' Fortune[edit]

Edwards has more at stake in the Canadian oil sands than possibly any other individual. His company, Canadian Natural Resources, has sketched out plans to spend $25 billion to turn the bitumen-bearing sand found in northern Alberta into barrels of crude oil. This media shy lawyer-turned financier also owns big stakes in Ensign Energy, Canada's second biggest oil services company, and Penn West, one of Canada's biggest energy trusts. He owns Resorts of the Canadian Rockies, which owns Fernie Alpine Resort, Kimberley Alpine Resort, Nakiska, Stoneham Mountain Resort, Mont-Sainte-Anne, and Kicking Horse Resort. He owns shares of the Calgary Flames hockey team. He owns over 30% of a management and holding company, Jovian Capital Corp.[4] Edwards is Chairman of the Board of Magellan Aerospace Corporation and the majority holder of Magellan Aerospace, owning ~76% of Common Shares.

Political influence[edit]

Edwards is linked to six corporations that have donated a total of $436,227 in campaign contributions to the B.C. Liberal Party since 2005, including $153,480 from oil company Canadian Natural Resources, which he chairs, as well as $131,390 from Imperial Metals, where he is the controlling shareholder and which owns the Mount Polley gold mine in British Columbia, amongst others.[5] In 2013 he helped organize a $1-million fundraiser in Calgary for B.C. Premier Christy Clark’s re-election bid.[5]

Edwards School of Business - University of Saskatchewan[edit]

Through a substantial contribution to the University of Saskatchewan in 2007, the College of Commerce was renamed the N. Murray Edwards School of Business.

See also[edit]

References[edit]

External links[edit]