Reichmann family | |
---|---|
Country | Canada |
Place of origin | Beled, Hungary |
Members | |
Properties | Reichmann 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]