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Stephen Jarislowsky

Stephen Jarislowsky

S. Jarislowsky
-0.07% | - $-2.76M
$3.79 B ₹ 35,515 Cr
Real Time Net Worth #1099 Ranking as of 21 Mar 2026 By Forbes

More on Stephen Jarislowsky

Gender

Male

Age

100Y

Country

Canada

Born On

September, 1925

Deceased

No

Relationship Status

Married

Children

4

Education

Cornell University - BS In Mechanical Engineering

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Asset Management)

Primary Organization

Jarislowsky Foundation

Titles

Founder

Sources of Wealth

Jarislowsky Fraser (Sold)

Industry

Finance, Asset Management, Investments, Philanthropy

About Stephen Jarislowsky


S tephen Jarislowsky is a Canadian billionaire investor and philanthropist with a long and distinguished career in finance. Born in Germany, his family fled the Nazis, and he eventually settled in Canada after being educated in the United States at Harvard and the University of Chicago. In 1955, he founded his own investment counseling firm, Jarislowsky Fraser Limited, in Montreal. He built the firm into one of Canada's largest and most respected independent investment management firms, with a reputation for its conservative, long-term, buy-and-hold investment philosophy.

For over six decades, Jarislowsky was a staunch advocate for shareholder rights and improved corporate governance in Canada, often publicly challenging the management of underperforming companies. After a career spanning more than 60 years, he sold his firm to the Canadian bank Scotiabank in 2018 for nearly C$1 billion. Now in his late 90s, he has focused on philanthropy, having established the Jarislowsky Foundation, which has endowed numerous university chairs in fields like art history, public affairs, and medicine.

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Quick Reads


  • Founder of the investment management firm Jarislowsky Fraser.
  • Sold his firm to Scotiabank in 2018 for nearly C$1 billion.
  • A renowned value investor with a long-term, buy-and-hold philosophy.
  • A major philanthropist in Canada, particularly to universities.
  • He was born in Germany and fled the Nazi regime as a child.

Early Life and Background


Stephen B. Jarislowsky, C.C., is a Canadian businessman, the self-made billionaire Founder and Former Chairman/CEO of Jarislowsky Fraser Limited, a major Canadian institutional investment management firm. His career is rooted in elite finance, strategic investment, and corporate governance advocacy.

Jarislowsky holds a B.A. from Cornell University, an MBA from Harvard Business School (HBS), and pursued studies at the University of Chicago and Montreal's McGill University. His philosophical approach centers on long-term value investing, shareholder rights, and disciplined financial management (pioneering the concept of ethical investing in Canada).

  • Jarislowsky Fraser Limited (Former Founder & Executive): The foundational source of his wealth, the major Canadian institutional investment firm (sold to Bank of Nova Scotia (Scotiabank) for C$950 million in 2018).
  • Investment Apex: His success is built on disciplined, long-term equity investment and fierce shareholder rights advocacy in Canadian corporations.
  • Academic Background: He holds an MBA from HBS and a B.A. from Cornell University.
  • Corporate Governance: He is a prominent advocate for corporate governance reform in Canada.

Career Journey of Stephen Jarislowsky


Stephen Jarislowsky's strategic genius was his commitment to fundamental value. He founded Jarislowsky Fraser in 1968, successfully building it into one of Canada's most respected institutional money managers by focusing on long-term, fundamental value investing. His structural contribution is immense: pioneering the institutional investment model that drove professional asset management in Canada and actively promoting shareholder rights.

The pinnacle of his financial career was the C$950 million sale of the firm to Scotiabank in 2018. Following the exit, he focused on philanthropy and governance advocacy. His wealth is secured by the colossal liquid gains from the Scotiabank acquisition and his long-term private investments.

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Stephen Jarislowsky's Timeline


1968:

Founds Jarislowsky Fraser Limited (Founding).

1980s:

Jarislowsky Fraser achieves dominance in Canadian institutional asset management (Investment Apex).

2018 (February):

Sells Jarislowsky Fraser to Scotiabank for C$950 million (Major Exit).

Ongoing:

Continues as Founder and major investor, focusing on governance advocacy and philanthropy (Executive Oversight).

Major Business Ventures and Investments


Stephen Jarislowsky's wealth is concentrated in the liquid capital generated from the C$950 million sale of Jarislowsky Fraser to Scotiabank and his private investments.

  • Jarislowsky Fraser Limited (Former Founder & Executive): The foundational source of his wealth, the major Canadian institutional investment firm (sold to Bank of Nova Scotia (Scotiabank) for C$950 million in 2018).
  • Investment Apex: His success is built on disciplined, long-term equity investment and fierce shareholder rights advocacy in Canadian corporations.
  • Academic Background: He holds an MBA from HBS and a B.A. from Cornell University.
  • Corporate Governance: He is a prominent advocate for corporate governance reform in Canada.

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Philanthropy and Social Impact


Stephen Jarislowsky's social impact stems from Jarislowsky Fraser's role in providing essential investment management services to major Canadian institutions and pension funds. His personal philanthropy, through the Jarislowsky Foundation, supports major initiatives in higher education, political integrity, and the arts across Canada, funding research chairs and student scholarships.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Stephen Jarislowsky maintains the professional, composed style of a financial executive. His attire is consistently bespoke, favoring dark, tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the global financial sector.

Residing in Montreal, Quebec, Canada, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, financial governance, and philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He sold his investment firm, Jarislowsky Fraser, to Scotiabank for C$950 million.
  • He holds an MBA from Harvard Business School (HBS).
  • He is a prominent advocate for corporate governance and shareholder rights in Canada.
  • He holds the Companion of the Order of Canada (C.C.).
  • His firm specialized in long-term value investing.
  • His philosophy emphasizes ethical finance and disciplined asset management.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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