Reichmann family

Reichmann family
CountryCanada
Place of originBeled, Hungary
Members
PropertiesReichmann International Development, Olympia and York, Canary Wharf

The Reichmann family is a Jewish-Canadian family best known for their property empire built through the Olympia and York company.

At the family's peak, their combined wealth was estimated at $13 billion making them the fourth-richest family in the world.[1] The family's fortunes eventually waned, particularly with the ill-fated Canary Wharf development, which saw the family business file for bankruptcy in 1992 with debts of $20 billion. The family's wealth partially recovered, reaching roughly $2.3 billion in 2018.[2]

  1. ^ "Rival bidders moving in on Canary Wharf". the Guardian. 2003-06-07. Retrieved 2021-09-28.
  2. ^ "Canada's Richest People: The Reichmann family". Canadian Business.