Weston family explained

The Weston family is a prominent family of businesspeople that was founded in Canada and eventually developed global business interests, primarily in the food and retail sectors.[1] The family operations began with the purchase of a bakery in 1884 by American-born Canadian George Weston in Toronto, Ontario.[2] Over the course of subsequent decades, his descendants also established themselves in the United Kingdom, Ireland and the United States.

Through George Weston Limited and various holding companies, the Canadian branch of the Weston family currently owns or controls over 200 companies, including the Loblaws supermarket chain and the Shoppers Drug Mart pharmacy chain. Among their other businesses, members of this branch own or control several additional retailers, including Holt Renfrew in Canada.[3] They previously owned other upscale department stores in the Selfridges Group, including Selfridges in the UK, Brown Thomas and Arnotts in Ireland, and De Bijenkorf in the Netherlands.[4] [5]

The main holding company of the British branch of the family is Wittington Investments. 79.2% of this company belongs to a British charitable trust called the Garfield Weston Foundation, with the balance owned by various family members. Wittington Investments owns a majority stake in Associated British Foods (which itself owns the discount clothing chain Primark), and 100% of British retailers Fortnum & Mason and Heal's.

In 2021, The Sunday Times named the Weston family among the most charitable people over the past 20 years, with donations of £1.661 billion.[6] [7]

Wealth

In 2018, the Westons were named Ireland's richest family for the tenth year running, with a wealth of €11.42 billion.[8]

In the Sunday Times Rich List 2020 ranking of the wealthiest people in the UK, "Guy Weston, Galen Weston Jr., George G. Weston and family" placed 8th in the list, with an estimated family fortune of £10.53 billion.[9]

Family members

See also

Notes and References

  1. https://web.archive.org/web/20060411214411/http://www.forbes.com/lists/2006/10/V30Q.html Forbes: Galen Weston & Family
  2. Weston, George . Kerry . Badgley . 15.
  3. News: 2021-12-24. Selfridges sold for £4bn to Thai-Austrian alliance. en-GB. BBC News. 2021-12-24.
  4. Web site: Brown Thomas and Arnotts may sell in £4bn Selfridges deal . Irish Times . 2022-01-21.
  5. Web site: Selfridges owners agree £4bn sale to Thailand's Central Group . 2021-12-03 . Retail Gazette. 2 December 2021 .
  6. News: McCall. Nick Rodrigues and Alastair. Marcus Rashford tops The Sunday Times Giving List 2021. The Times. en. 2021-07-24. 0140-0460.
  7. Web site: 20 years of the Giving List by Alsastair McCall CAF. 2021-07-24. www.cafonline.org.
  8. News: Richest family in Ireland named... you've probably shopped in their stores. 2018-04-02. IrishCentral.com. 2018-11-13. en.
  9. News: The Sunday Times Rich List . 17 May 2020. The Sunday Times. Watts, Robert. 17 May 2020.
  10. Web site: Miriam Burnett obituary . Toronto Star . 2018-08-07.
  11. Web site: A Guide to the Burnett Family Papers . Burnett Family Papers . 2018-08-07.
  12. Web site: Charles Burnett III Obituary . Houston Chronicle . 2018-08-07.
  13. Web site: George Grainger Weston – Biography . 2018-08-08.
  14. Web site: George Grainger Weston . . . November 8, 2023.
  15. Web site: Caroline Cecily Douglas-Scott-Montagu . Burke's Peerage, Baronetage & Knightage, 107th edition. Wilmington, Delaware: Burke's Peerage (Genealogical Books) Ltd, 2003 . 2018-08-08.
  16. Web site: Caroline Weston Obituary . . 2020-12-20.
  17. Web site: Sarah Weston EIDSON . Companies House . 21 May 2023.
  18. Web site: Graham Montague Weston . Companies House . 4 December 2022.
  19. Web site: Barbara Elizabeth Mitchell . The Globe and Mail (via Legacy.com) . 2022-08-07.
  20. Web site: Robert Ian Mitchell . The Globe and Mail (via Legacy.com) . 2022-08-07.
  21. Web site: Robert Ian MITCHELL . 2018-08-08.
  22. Web site: Barbara Mitchell . Fraser Institute . 12 March 2015 . 2018-08-07.
  23. Web site: The Westons are flush with billions to deploy . opmwire.com . 2023-04-24.
  24. Web site: Mark W. Mitchell – Biography . 2018-08-08.
  25. Web site: Emma Susan Adamo – Biography . 2018-08-08.
  26. Web site: Anna Catrina HOBHOUSE . Companies House . 21 May 2023.
  27. Web site: Sophia Mary WESTON . Companies House . 21 May 2023.
  28. Web site: Garth John WESTON . Companies House . 21 May 2023.
  29. Web site: Nancy Baron . Trans Canada Trail . 21 May 2023.
  30. Web site: Mary Diane Wendy REBANKS . Companies House . 21 May 2023.
  31. Web site: Wendy Rebanks . Loran Scholars Foundation . 2023-04-24.
  32. Web site: James Appleyard & Tamara Rebanks . Loran Scholars Foundation . 2023-04-24.
  33. Web site: Claudia Hepburn . NEXT Canada . 2023-04-24.
  34. Web site: President's Choice: Establishment funds entrepreneur incubator . Financial Post . 2023-04-24.
  35. Web site: Gretchen Ann BAUTA . Companies House . 21 May 2023.
  36. Web site: Camilla Howard DALGLISH . Companies House . 21 May 2023.
  37. Web site: Genevieve Dalglish Obituary . Toronto Star . 2018-08-07.
  38. Web site: Alannah Weston . Companies House . December 4, 2021.
  39. News: Retail princess Alannah Weston, a maverick impresario . The Globe and Mail . 15 December 2010 . 2021-04-22. Hampson . Sarah .
  40. Web site: Willard Galen Garfield Weston . Companies House . 2019-05-04.
  41. Web site: The Weston family empire expands again . CBC News . July 16, 2013 . April 21, 2021 .