Bernard Sherman Net Worth: Apotex Chairman And Wife Found Dead In Canada

Apotex Chairman and CEO Barry Sherman. GETTY IMAGES  The Toronto Star  Dick Loek

Apotex Chairman and CEO Barry Sherman. GETTY IMAGES The Toronto Star Dick Loek

Toronto billionaire and philanthropist Barry Sherman and his wife were found dead in their mansion Friday afternoon, CTV reported Saturday.

Barry Sherman, who was the chairman of generic drug company Apotex Inc, and his wife Honey Sherman were found inside a house near Bayview Avenue and Highway 401 just before noon.

Police have not yet released any details of the circumstances surrounding the deaths of Barry and Honey Sherman.

In a statement, Apotex said Sherman grew the company from its "humble" roots to become a successful pharmaceutical firm with 6,000 employees in 21 sites across Canada.

Apotex described their deaths as shocking and tragic, while other statements praised the Shermans' numerous philanthropic efforts.

The Shermans' sudden death brought swift condolences from the highest rungs of Canadian society and government, including from the organizations they had spent years supporting and from Prime Minister Justin Trudeau.

Mr. Sherman's net worth was recently estimated to be $4.77-billion by Canadian Business, an online magazine, making him the 15th-richest person in Canada.

They would not confirm that the two bodies were the Shermans but say they are treating the deaths as "suspicious".

The Shermans recently listed their home for sale for almost C$7 million ($5.4 million).

Lorenzen Wright's ex-wife arrested in California in connection to his murder
The seven-year investigation into his death has been one of the Memphis Police Department's most high-profile unsolved cases. ESPN stated Federal Bureau of Investigation agents found the murder weapon in a MS lake based on a tip they received.

"Toronto Police are investigating, and I hope that investigation will be able to provide answers for all of us who are mourning this tremendous loss", Mr.

A real estate agent discovered the bodies in the basement while preparing for an open house, the Toronto Globe and Mail reported, citing a relative.

Sherman's wife, Honey, was a member of the board of the Baycrest Foundation and the York University Foundation.

If the autopsies indicate that a homicide has occurred, the police's homicide squad will take over the investigation and detectives will talk to family members before they update the public, he said.

"I am beyond words right now", Ontario health minister Eric Hoskins said in a tweet. The couple also had four children.

"At this point we are not now seeking a suspect", Toronto police homicide Det.

"Wonderful human beings, incredible philanthropists, great leaders in health care", he wrote. They also donated roughly $50 million to the United Jewish Appeal. A very, very sad day.

Mrs Sherman sat on the boards of several hospital, charitable and Jewish foundations, and last month was awarded a Senate medal for community service. It sells 260 types of generic drugs in more than 115 countries, while its medicines are used to fill over 89 million prescriptions a year in Canada alone, Forbes reports, adding that the company's revenues account for $ 1.5 billion.

Recommended News

  • Adrian Peterson heads to IR, wants to play next season

    Adrian Peterson heads to IR, wants to play next season

    Then, he fell back to earth, failing to rush for more than 79 yards over the next three games before suffering his neck injury. He churned out 134 yards and two touchdowns in his desert debut, and he racked up 314 rushing yards over his first three games.
    Apple releases iOS 11.2.1 update, fixes a bug in HomeKit

    Apple releases iOS 11.2.1 update, fixes a bug in HomeKit

    Notably, Apple released the major software update iOS 11.2 last week for eligible iPhone, iPad and iPod users. When downloading or installing the iOS 11 update, it is best to rely on a stable WiFi connection for the same.
    Rocket fired toward Israel explodes on Palestinian side of Gaza border

    Rocket fired toward Israel explodes on Palestinian side of Gaza border

    On Monday night, the Israeli military said it hit Hamas positions after intercepting rockets coming from the blockaded enclave. Palestinians say the two killed were members of the Al-Quds Brigade, the military wing of Islamic Jihad.
  • Indian govt clears Bill on instant 'triple talaq'

    Indian govt clears Bill on instant 'triple talaq'

    He merely said many state governments, to whom the draft of the bill was sent, had supported the Bill. She will also be entitled to her children's custody, the draft law says , media sources said.
    Port Authority attack suspect: What we know about Akayed Ullah

    Port Authority attack suspect: What we know about Akayed Ullah

    A short piece of metal pipe was packed with low intensity explosive material and a handful of screws meant to cause injury. New York Governor Andrew Cuomo , speaking at a news conference near the site, described the device as "amateur level".
    The Salvation Army says there is a need for more donations

    The Salvation Army says there is a need for more donations

    Families can apply to get Christmas assistance through the Salvation Army's annual "Angel Tree" program. This year, the Red Kettle Campaign rings at 15 locations in the area including Jewel-Osco and Walmart.
  • Kyle Walker: 'Manchester City will not be complacent'

    Kyle Walker: 'Manchester City will not be complacent'

    The following season began with a 2-0 win over Newcastle United and would once again end with United top of the pile. "We want to try to maintain it as much as possible".
    Gujarat election: PM Narendra Modi's mother votes in Gandhinagar

    Gujarat election: PM Narendra Modi's mother votes in Gandhinagar

    Likewise, I was called for a private dinner where Pakistan-India relation, which is disturbed, was discussed", he said. Taking to Twitter, Omar questioned that why security guidelines were relaxed for the Prime Minister.
    Star Wars augmented reality stickers now available on Pixel, Pixel 2

    Star Wars augmented reality stickers now available on Pixel, Pixel 2

    The only devices now running Android 8.1 are Google's Pixel and Pixel 2 phones, so you'll need one of those to get in on the fun. The Pixel 2 XL also feature always-on display to show you notifications, and the song that is playing on your smartphone .
  • Publishers To Stop Receiving Facebook Money For News Feed Videos

    Publishers To Stop Receiving Facebook Money For News Feed Videos

    It would be safe to say that the average Facebook user may be spending more time consuming video content than anything else. This sounds like the company will be prioritizing video over other kinds of ads, but we'll wait and see how it shakes out.
    Alan Branch left Patriots-Dolphins with a knee injury

    Alan Branch left Patriots-Dolphins with a knee injury

    The reporter said yes but reminded the coach about the overall stretch of four home wins in five years. "Every year is different". Brady underthrew an open Brandin Cooks deep, and Howard closed for the interception and a 29-yard return to set up a touchdown.
    Russell Simmons Accused of Rape by 3 Women

    Russell Simmons Accused of Rape by 3 Women

    He said he would "relentlessly fight against any untruthful character assassination that paints me as a man of violence". Baker states her one-time manager Simmons raped her at his apartment in 1991, after inviting her back to his apartment.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.