[post_page_title]Reichmann Family $2.33 billion[/post_page_title]
Albert, Paul, Edward, Louis and Ralph Reichmann came to Canada in the 1950’s from Morocco. Paul made his fortune through commercial real estate prior to his death in 2013, and Ralph runs the Olympia Tile International. Paul’s commercial real estate company was one of the most respected in the world and was known for purchasing undervalued land and turning it into luxurious buildings. The firm filed for bankruptcy during the 1990’s real estate crash, however, his nephew Philip were able to relaunch the company in 1997.
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