Yes, Arthur Irving was a billionaire.
Arthur Irving, a prominent Canadian businessman born in Saint John, New Brunswick, accumulated a significant fortune throughout his lifetime, establishing his status as a billionaire. His wealth primarily stemmed from his deep involvement with and ultimate ownership of Irving Oil.
Arthur Irving's Financial Standing
At the time of his death, Arthur Irving's net worth was estimated to be in the multi-billion dollar range. These figures highlight the substantial financial success and the vast assets he controlled through his business ventures.
| Aspect | Detail |
|---|---|
| Estimated Net Worth | US$6.4 billion to US$9.8 billion (at the time of his death) |
| Key Role | President and Sole Owner of Irving Oil |
| Origin | Born in Saint John, New Brunswick |
His Role at Irving Oil
Arthur Irving's journey with Irving Oil began with his role as president. Over the years, he consolidated his control, eventually becoming the sole owner of the company through the Arthur Irving Family Trust. This complete ownership of a major energy corporation, encompassing refining, distribution, and retail operations, was the foundation of his immense wealth. His strategic leadership and the company's extensive reach contributed significantly to his financial standing, securing his place among the world's billionaires.
