Daryl Katz Net Worth (Updated 2026).
Daryl Katz, a name that has become synonymous with entrepreneurship and success, began his career in the late 1980s, when he was just 23 years old. Born into a family with a background in real estate, Katz’s journey started in his hometown of Edmonton, Alberta, Canada. He co-founded his first company, the Katz Group, with his father, Irving Katz, and brother, Barry Katz. The company initially focused on real estate development and investment.
As the Katz Group grew, Daryl Katz’s vision and leadership became increasingly evident. In the early 1990s, he expanded the company’s portfolio to include retail, with the acquisition of the Zeller’s chain of department stores. This strategic move marked the beginning of Katz’s rise to fame. Under his guidance, the company transformed Zeller’s into The Bay, a prominent Canadian department store chain. Katz’s innovative approach to retail, including the introduction of the ‘flagship’ store concept, caught the attention of the business world and the media.
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Daryl Katz’s Current Net Worth (2025)
As of 2025, Daryl Katz’s current net worth is estimated to be around $3.5 billion, according to Forbes. This places him among the wealthiest individuals in Canada.
Career
Daryl Katz is the founder and chairman of the Katz Group, a Canadian conglomerate with interests in real estate, pharmaceuticals, and entertainment. He started his career in the late 1980s, working in his family’s real estate business. In 1991, he founded the Katz Group and has since grown it into a multi-billion dollar enterprise.
Other Ventures
Katz is also the owner of the Edmonton Oilers, an NHL hockey team. He purchased the team in 2008 and has since been involved in efforts to revitalize the team’s performance and the downtown arena district. Additionally, he is a significant philanthropist, contributing to various causes through the Katz Family Foundation.
Assets
Daryl Katz’s assets include a vast portfolio of real estate properties across North America, stakes in several pharmaceutical companies, and a minority ownership in the Oilers Entertainment Group. His primary residence is a luxurious estate in Edmonton, Alberta, valued at over $20 million.
Annual Income
As the majority shareholder and chairman of the Katz Group, Daryl Katz’s annual income is primarily derived from the company’s profits. His exact annual earnings are not publicly disclosed, but it’s estimated to be in the tens of millions of dollars. His wealth has also significantly increased over the years due to the appreciation of his assets and investments.
Frequently Asked Questions about Daryl Katz
**Frequently Asked Questions: Daryl Katz Net Worth**
1. What is Daryl Katz’s net worth?
Daryl Katz’s net worth is estimated to be around $3.5 billion.
2. How did Daryl Katz make his fortune?
Daryl Katz made his fortune primarily through his ownership and management of the Katz Group, a Canadian conglomerate with interests in real estate, pharmaceuticals, and entertainment. He is also the owner of the Edmonton Oilers NHL team.
3. What is the Katz Group?
The Katz Group is a Canadian conglomerate founded by Daryl Katz and his father, Norman Katz. It is involved in various businesses, including real estate development, pharmaceuticals, and entertainment.
4. How old is Daryl Katz?
Daryl Katz was born on November 20, 1961, making him 60 years old.
5. Where does Daryl Katz live?
Daryl Katz resides in Edmonton, Alberta, Canada.
6. Is Daryl Katz married?
Yes, Daryl Katz is married to Irene Katz. They have three children together.
7. What is Daryl Katz’s education background?
Daryl Katz earned a Bachelor of Science degree in Pharmacy from the University of Alberta in 1984. He later received an honorary Doctor of Laws degree from the same university in 2011.
8. How did Daryl Katz become the owner of the Edmonton Oilers?
Daryl Katz purchased the Edmonton Oilers NHL team in 2008 for a reported $200 million.
9. What is Daryl Katz’s involvement in philanthropy?
Daryl Katz and his wife Irene are known for their philanthropic efforts. They have donated to various causes, including healthcare, education, and the arts, through the Katz Family Foundation.
10. What is Daryl Katz’s height and weight?
Daryl Katz is 5 feet 10 inches (178 cm) tall and weighs approximately 170 lbs (77 kg).
