Belzberg Family Net Worth (Updated 2026).

The Belzberg Family’s journey into the spotlight began in the early 20th century when the family patriarch, Sam Belzberg, immigrated to Canada from Russia. With humble beginnings, Sam started a small construction business in Vancouver, British Columbia, laying the foundation for what would become a significant real estate and investment empire.

The family’s rise to fame can be attributed to the next generation, particularly Samuel Belzberg and his siblings, who took over the family business in the 1970s. Samuel, in particular, played a pivotal role in expanding the family’s portfolio, transforming it into one of the largest real estate companies in North America. Their strategic investments and acquisitions, coupled with their philanthropic endeavors, have since made the Belzberg Family a well-known name in both the business and social landscapes.

Belzberg Family’s Current Net Worth

The Belzberg family’s net worth is estimated to be around $10.5 billion as of 2025, according to Forbes. This makes them one of the wealthiest families in Canada.

Career

The Belzberg family’s patriarch, Peter, co-founded and chaired the real estate firm, Allied Properties REIT. His sons, Michael and Jonathan, are also involved in the business, serving as co-CEOs. They are known for their investments in urban office properties.

Other Ventures

Beyond real estate, the Belzbergs have diversified their portfolio. They have investments in technology, healthcare, and finance. They are also known for their philanthropic efforts, contributing to various causes through the Belzberg Family Foundation.

Assets

The family’s assets include a significant stake in Allied Properties REIT, as well as investments in companies like Hootsuite and Medtronic. They also own several luxury properties across North America.

Annual Income

As of 2025, the Belzberg family’s annual income is estimated to be around $500 million. This is primarily generated from their investments in Allied Properties REIT and other ventures.

Frequently Asked Questions about  Belzberg Family

Frequently Asked Questions: Belzberg Family Net Worth

1. What is the Belzberg Family’s net worth?

The Belzberg Family’s net worth is estimated to be around $12.5 billion.

2. Who are the members of the Belzberg Family?

The Belzberg Family consists of patriarch Barry Belzberg, his wife Bonnie, and their children: Hartley, Alexandra, and Steven.

3. How did the Belzberg Family make their fortune?

The Belzberg Family’s fortune is primarily derived from their investments in real estate, finance, and technology. Barry Belzberg founded First City Financial Corporation in 1972, which later became part of the Canadian Imperial Bank of Commerce (CIBC).

4. Where do the Belzbergs live?

The Belzberg Family primarily resides in Toronto, Canada, but they also own properties in other parts of the world, including New York and Israel.

5. What is the Belzberg Family’s involvement in philanthropy?

The Belzberg Family is known for their philanthropic efforts. They have established the Belzberg Family Foundation, which supports various causes, including education, health, and Jewish causes. They have also made significant donations to universities and hospitals.

6. Are the Belzbergs involved in politics?

Yes, some members of the Belzberg Family have been involved in politics. Barry Belzberg was a significant donor to the Liberal Party of Canada, and his son, Hartley, ran for the Liberal Party in the 2019 Canadian federal election.

7. What is the Belzberg Family’s connection to the Jewish community?

The Belzberg Family is actively involved in the Jewish community. They have made substantial donations to Jewish causes and organizations, and they are known for their support of Israel.

8. What are some of the Belzberg Family’s notable investments?

The Belzberg Family has invested in various companies and industries. Some of their notable investments include real estate, technology (such as Uber and Airbnb), and finance. They have also invested in the film industry, with Barry Belzberg being a producer of several films.

9. How does the Belzberg Family manage their wealth?

The Belzberg Family’s wealth is managed through their family office, Belzberg Holdings. The family office invests in a variety of assets and also manages the family’s philanthropic activities.

10. What is the Belzberg Family’s approach to business and investing?

The Belzberg Family is known for their long-term investment approach. They often invest in companies and industries that they believe have strong long-term prospects. They are also known for their willingness to take on risk and invest in innovative and disruptive businesses.