Latest Trending
Last Updated, Apr 13, 2021, 6:50 PM
W. Galen Weston dies at age 80
Share This


Former chairman of George Weston Ltd. died peacefully at home after a long illness, his family said Tuesday

Article content

W.G. Galen Weston, the entrepreneur who built an Atlantic-spanning business network that made him one of the richest Canadians, has died. He was 80.

Weston died Monday “peacefully at home after a long illness faced with courage and dignity,” the Weston family said in a statement.

“In our business and in his life he built a legacy of extraordinary accomplishment and joy,” his son, Galen G. Weston, chief executive officer of George Weston Limited, said. His daughter, Alannah Weston, the chairman of Selfridges Group, added, “The luxury retail industry has lost a great visionary.”

A friend of Prince Charles and lover of polo and art, Weston oversaw and expanded a high-end family retail empire that includes Britain’s Selfridges, Canada’s Holt Renfrew, Brown Thomas in Ireland and de Bijenkorf of the Netherlands. Through George Weston Ltd., the company named for his grandfather, the family holds the biggest stake in Canada’s largest food retailer, Loblaw Cos.

Advertisement

This advertisement has not loaded yet, but your article continues below.

Article content

Willard Gordon Galen Weston was born in Buckinghamshire, England, on Oct. 29, 1940, the youngest of nine children in a prominent family. His father, Willard Garfield Weston, had helped expand the family’s bakery company into a multinational food empire, and served as a member of the British Parliament during World War II. One brother, Garry H. Weston, who died in 2002, was one of the richest people in Britain, and chairman of Associated British Foods Plc.

Ireland move

In 1962, Weston graduated from the University of Western Ontario and moved to Ireland where he met Hilary Frayne, an Irish fashion model; they married in 1966. With financial help from his grandmother, according to a 2014 article in the Irish Times, he bought a grocery store, building it into the Power Supermarkets chain, and then began acquiring clothing stores.

According to the Irish Times article, he also gave luxury retailer Brown Thomas to his wife as a present, just as his father had bought Fortnum & Mason for his mother during their marriage. Hilary was put in charge of revamping the Brown Thomas fashion department, as well as that of Todd Burns, an Irish department-store chain that later became Primark, according to the paper.

At his father’s request, Weston returned to Canada in the early 1970s, taking the helm of Loblaw Cos., which he is credited with saving from near-bankruptcy and subsequently turning into the country’s largest grocer.

Weston, who had two children, continued to make business a family affair. His son Galen G. Weston became executive chairman of Loblaw in 2006, and chief executive officer of George Weston Ltd. in 2017 — the fourth generation to lead the business. His daughter Alannah Weston has also served as a director on George Weston’s board, as well as deputy chairman of Selfridges Group Ltd., which Weston acquired in 2003 and under which the family’s other luxury department stores are held.

Advertisement

This advertisement has not loaded yet, but your article continues below.

Article content

The family stable of retail assets includes a handful of other retail names in Canada as well as the Joe Fresh line of low-cost clothing. Loblaw agreed to buy Shoppers Drug Mart Corp., the leading Canadian drugstore chain, in 2013 for about US$12 billion. Weston Foods, the commercial bakery business that gave the empire its start, was put up for sale last month.

Kidnapping attempt

Weston had a net worth of US$10.7 billion, according to the Bloomberg Billionaires Index. His wealth sometimes came at a cost. In 1983, police tipped off Weston and his family about a planned kidnapping attempt at their estate in Ireland. During a police ambush, several members of the Provisional Irish Republican Army were reportedly shot and captured.

Despite his prominence in society circles on both sides of the Atlantic, the incident led Westin to keep a low media profile throughout much of the rest of his life. He has continued to lease the historic Fort Belvedere in Windsor Great Park in southeast England, a 17th century “folly” where Edward VIII abdicated.

In 1989, Weston and his wife founded Windsor, a wealthy resort community in Vero Beach, Florida, helping design the lay-out of the community, golf course and polo field. A 2013 article in Toronto Life described the enclave as a “plutocrats’ playground,” where a tight-knit group of jet-setters convene in a not-quite-retirement community to “play polo, hit the links, plan corporate takeovers and party.”

The Westons also maintained ties to Toronto, keeping a house in the tony Forest Hill neighbourhood where members of the British royal family sometimes stayed when they visited Canada. The couple worked in philanthropy, and Hilary Weston served as lieutenant-governor of Ontario — the Queen’s representative in the province — from 1997 to 2002.

Bloomberg.com

Advertisement

This advertisement has not loaded yet, but your article continues below.

In-depth reporting on the innovation economy from The Logic, brought to you in partnership with the Financial Post.

Comments

Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

24World Media does not take any responsibility of the information you see on this page. The content this page contains is from independent third-party content provider. If you have any concerns regarding the content, please free to write us here: contact@24worldmedia.com

Latest Post

5 Characteristics of Truth and Consequences in NM

Last Updated,Sep 30, 2024

How To Make Your Wedding More Accessible

Last Updated,Sep 11, 2024

Ensure Large-Format Printing Success With These Tips

Last Updated,Sep 11, 2024

4 Reasons To Consider an Artificial Lawn

Last Updated,Sep 11, 2024

The Importance of Industrial Bearings in Manufacturing

Last Updated,Sep 11, 2024

5 Tips for Getting Your First Product Out the Door

Last Updated,Sep 11, 2024

Most Popular Metal Alloys for Industrial Applications

Last Updated,Sep 6, 2024

5 Errors To Avoid in Your Pharmaceutical Clinical Trial

Last Updated,Aug 20, 2024

Ways You Can Make Your Mining Operation Cleaner

Last Updated,Aug 12, 2024

Tips for Starting a New Part of Your Life

Last Updated,Jul 16, 2024

Easy Ways To Beautify Your Home’s Exterior

Last Updated,Jun 18, 2024

Tips for Staying Competitive in the Manufacturing Industry

Last Updated,May 3, 2024