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Canadian Investor and Philanthropist Stephen Jarislowsky Dies at Age 101
He built Jarislowsky Fraser into a $40 billion firm and became a leading voice for shareholder rights, according to The Canadian Press.
- Stephen Jarislowsky, a billionaire investor and champion of corporate governance, has died at 101. The Canadian Press reported the death of the Montreal-based investment manager on Thursday, October 8, 2026.
- Born in Berlin in 1925, Jarislowsky served as a U.S. Army intelligence officer in Asia before founding Jarislowsky Fraser in 1955 with $100 after working in Kingston, Montreal, and New York.
- As a pioneer advocate for shareholder rights, he challenged corporate titans including Conrad Black and Frank Stronach. In 2002, he co-founded the Canadian Coalition for Good Governance.
- By the time he stepped down in 2012, Jarislowsky Fraser managed around $40 billion in assets. Scotiabank later acquired the firm in 2018 for $950 million.
- His business success made him worth some $3.9 billion, according to Forbes. He donated many millions of dollars to establish dozens of research chairs at Canadian universities.
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Montreal businessman Stephen A. Jarislowsky died on Thursday at the age of 101, announced his family
·Montreal, Canada
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Coverage Details
Total News Sources23
Leaning Left11Leaning Right1Center7Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 37%
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