Paul Desmarais III

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Paul Desmarais III
Born1981/1982 (age 37–38)
Alma mater
Mary Dailey Pattee (m. 2008)

Paul Desmarais III (born 1981/1982)[1] is a Canadian businessperson. He is the son of Paul Desmarais Jr. and the grandson of Paul Desmarais.


After working at Goldman Sachs, Imerys and Great-West Lifeco, Paul Desmarais III became Vice-President of Power Corporation of Canada and Power Financial Corporation in 2014.[2][3] In January 2017, he was named Senior Vice President of both companies.[4]

He is Executive Chairman of Sagard Holdings, Portag3 Ventures, and Peak Achievement Athletics, and Vice-Chairman of Imerys.[5] 

He is also a director of:

Desmarais is involved in financial technology, especially with Portag3,[15] a fund that aims to "find the next generation of Canadian financial technology entrepreneurs and help them build global companies".[16]

Desmarais holds a Bachelor of Science degree in economics from Harvard College and a Master of Business Administration degree from INSEAD.[17]

Other engagements[edit]

He is the Founder and Honorary President of Young Canadians in Finance, an organization that aims to "build a more competitive Canadian financial system".[18]

He is a board member of The Next Canada[19], a national, non-profit organization that develops exceptional talent to build world-class ventures and propel technology adoption, and the Rideau Hall Foundation.[20]

He was also the Chair of the Kenojuak Cultural Centre and Print Shop campaign, as well as co-chair of the Arctic Expedition to the North Magnetic Pole, organized in 2014 by the True Patriot Love Foundation.[21]

Desmarais is an honouree of Canada's 2017 Top 40 Under 40 Awards.[22]


  1. ^ a b "Mary Dailey Pattee, Paul Desmarais". The New York Times. 22 June 2008. p. ST14. Retrieved 23 June 2018.
  2. ^ Canada's Next Leaders: Paul Desmarais III on carving his own career path, retrieved 19 January 2018
  3. ^ "Desmarais scion to oversee family-backed Canadian fintech venture capital fund". Financial Post. 24 January 2017. Retrieved 19 January 2018.
  4. ^ "Paul Desmarais III - Canadian Corporate Innovation Summit |". Retrieved 19 January 2018.
  5. ^ "Paul Desmarais III, Executive Profile". Bloomberg. Retrieved 18 January 2018.
  6. ^ "Board of directors by Great-West Life in Canada". Great-West Life. Retrieved 19 January 2018.
  7. ^ "Board of Directors". Retrieved 19 January 2018.
  8. ^ "IGM Financial Inc. Makes Additional Investment in Personal Capital". Retrieved 19 January 2018.
  9. ^ "Robo-adviser Wealthsimple gets $50-million boost from Power Financial". Retrieved 19 January 2018.
  10. ^ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} People |". U.S. Retrieved 19 January 2018.
  11. ^ "Paul Desmarais, III". Retrieved 19 January 2018.
  12. ^ "Our Board". Retrieved 19 January 2018.
  13. ^ Capital, Personal. "Paul Desmarais III Joins Personal Capital's Board of Directors". Retrieved 19 January 2018.
  14. ^ "Koho raises $8 million from Portag3 as Paul Desmarais III and Mike Katchen join board". BetaKit. Retrieved 19 January 2018.
  15. ^ "Desmarais Empire Seeks Fintech Transformation From Outside In". Bloomberg. 7 June 2017.
  16. ^ "Portag3 Ventures closes new FinTech fund". Retrieved 18 January 2018.
  17. ^ "Paul Desmarais III - Profile". INSEAD. 5 December 2016. Retrieved 18 January 2018.
  18. ^ "About Us". Retrieved 18 January 2018.
  19. ^ "Who's Involved - Board members - NEXT Canada". Next Canada. Retrieved 18 January 2018.
  20. ^ "About - Rideau Hall Foundation". Rideau Hall Foundation | La Fondation Rideau Hall. Retrieved 18 January 2018.
  21. ^ Cousineau, Sophie (25 June 2014). "CEOs, veterans, hockey players and me: Trekking the arctic on the largest expedition ever". The Globe and Mail. Retrieved 18 January 2018.
  22. ^ "Canada's Top 40 Under 40 - Honourees 2010". Retrieved 18 January 2018.