David Thomson

David Thomson

Hereditary Peer & Media Magnate

Current Networth - $71.7 Billion

Personal Stats

NameDavid Thomson
RoleBusinessman
IndustryMedia
Net Worth$71.7 Billion

Table of Contents

  • About David Thomson
  • Businesses Owned
  • Early Life
  • Family
  • What is David Thomson’s Net Worth?
  • What is David Thomson’s claim to fame? 

About David Thomson

Born on June 12, 1957, in Toronto, Ontario, David Thomson inherited his family's vast fortune and business interests, primarily through Thomson Corporation (now Thomson Reuters). As the chairman of Thomson Reuters, Thomson played a pivotal role in shaping the company's expansion and dominance in financial data and information services. Beyond his business acumen, he is known for his extensive investments in various sectors, including telecommunications, real estate, and sports. As a dedicated philanthropist, Thomson has supported numerous cultural and educational initiatives, reflecting his commitment to community development and societal advancement. His leadership in media and finance has solidified his reputation as one of Canada's wealthiest individuals and a significant figure in the global business landscape.


Businesses Owned

  • Thomson Reuters Corporation

  • The Woodbridge Company

  • Osmington Incorporated


Early Life

David Thomson's early life laid the groundwork for his leadership in the media and business sectors, guided by a legacy of entrepreneurship and philanthropy within the Thomson family.

  • Son of Kenneth Thomson, the 2nd Baron Thomson of Fleet, and his wife Nora Marilyn Lavis.
  • Heir to the Thomson family fortune, which originated from his grandfather Roy Thomson's establishment of Thomson Corporation, a major media conglomerate.
  • Attended Upper Canada College in Toronto for his secondary education.
  • Inherited the Thomson business empire upon his father's passing in 2006, becoming the 3rd Baron Thomson of Fleet.
  • Became actively involved in managing Thomson Corporation (later Thomson Reuters), expanding its influence in media and financial information services.
  • Known for his involvement in philanthropy, supporting various cultural, educational, and healthcare initiatives in Canada and globally.

Family

David Thomson values his privacy, and specific details about his family life, including his children, are generally not publicly available.

  • His father: Kenneth Thomson, 2nd Baron Thomson of Fleet, who was a prominent Canadian businessman and art collector.
  • His mother, Nora Marilyn Lavis Thomson. Has siblings, including his brother, Peter Thomson.
  • Thomson has seven children with four different mothers. From his first marriage to Mary Lou La Prairie, he has two daughters: Thyra Nicole and Tessa Lys. With his second wife, Laurie Ludwick, he has a son, Benjamin, who was born after their separation.
  • With actress Kelly Rowan, he has a daughter, Braelyn, also born after their relationship ended. With his partner Severine Nackers, a former Sotheby's employee, he has three daughters: Ottilie, born in 2015, Elodie, born in 2018, and Idalie, born in 2021.
  • Comes from a wealthy and influential family with deep ties to business, media, and philanthropy in Canada.

David Thomson holds himself at the forefront of the global business environment as Chairman of Thomson Reuters Corporation. Thomson has played a very diverse role in the growth of the family business. At the same time, Thomson Reuters has also emerged under his leadership as one of the leading providers of information and news. 

 

David is also a great benefactor and a patron of different cultural and educational projects and programs. This shows that he has a holistic leadership style, as he focuses on the accuracy of information as well as encouraging community advancement. His commitment to reliable information and ethical journalism has reinforced Thomson Reuters’ reputation as a trusted global resource. 

Net Worth$71.7 Billion
ProfessionMedia Magnate, Chairman of Thomson Reuters Corporation
NationalityCanadian & British
No. of Houses3+
No. of Cars2+

What is David Thomson’s Net Worth?

David Thomson’s Net Worth

Alice Walton is among the richest people on earth with a net worth of $71.7 Billion as of July 2024 according to Forbes.

David Thomson, Chairman of Thomson Reuters Corporation, is one of the wealthiest businessmen in the world. David inherited wealth from the family as a scion of the Thomson family, which owns a majority stake in the international information and news agency Thomson Reuters Company. Thomson has made different investments in various businesses, properties, art, and many other things that emerge as one of his main financial sources, which have already made him famous in the field of art and business.


What is David Thomson’s claim to fame? 

David Thomson is mainly known as the chairman of Thomson Reuters Corporation and one of the richest people in the world. He is a direct descendant of the Thomson family and is well known around the world for managing and growing the Thomson media and information legacy. As chairman, he has continued to make Thomson Reuters the world's leading provider of business information services, financial data, and news services through his effective leadership abilities. 
David also influences art and culture, as he is well known for collecting and patronizing his art. With his efforts, he was able to position the Thomson family as one of Canada's most influential business groups by ensuring his long-term vision in investment and corporate management. 


What businesses does David Thomson own?

David Thomson, through his family holdings and personal investments, has been able to establish ownership stakes in various businesses, which are mentioned below:

  • Woodbridge: David Thomson is the co-chairman of Woodbridge, an investment firm that controls Thomson Reuters. David Thomson and his family own Woolbridge with a 23.47% stake. 
  • Thomson Reuters: David Thomson has 310 million shares in Thomson Reuters, and here he worked as the chairman. 

NHL's Winnipeg Jets: David Thomson also has a small stake in the NHL's Winnipeg Jets; the Thomson family’s holdings have a very minor stake in that company.


How does David Thomson spend his billions?

David Thomson has invested in their family firm, Woodbridge, from which a significant amount of his wealth has been obtained. David has spent his wealth to manage and maintain his business empire. For example, David invested millions in advancing infrastructure and improving technological facilities for Thomson Reuters. 

David Thomson has the habit of spending huge amounts of money to buy art and paintings. Thomson had spent nearly $12.8 million on a painting, which is expected to grow to $38.5 million after five years. In addition, David has donated his wealth to philanthropy. 


How many houses does David Thomson own? 

David Thomson is known for his diverse and extensive real estate properties, which reflect his prominence and wealth, encompassing luxurious residences and real estate. There is some information regarding his own houses that is listed below:

  • Toronto Mansion: This property was located in the Rosedale neighborhood of Toronto and was valued at around $30 million.
  • London Homes: David Thomson owns some prestigious homes in London that are settled in different prime locations, which ensures their historical value and exclusivity.
  • Muskoka Estate: As a businessman, David Thomson owns a private property in the beautiful area of Muskoka, Ontario. The area is recognized for its stunning scenery, lakes, and luxury cabins, which mainly became an attraction for wealthy individuals like David.

Also, David Thomson has numerous collections of properties that involve Winnipeg Property, New Brunswick Estate, and other international properties.


How big is David Thomson’s car collection? 

David Thomson has liked vintage cars despite the many new models available on the market. Some of his famous cars from his collection are listed below: 

  • Ferguson TEA20 1949 Tractor: David Thomson has experienced the oldest and most suitable car model having great popularity among people. This TEA20 tractor was a revolutionary tracker at the time and was produced from 1948 to 1956. 
  • TR3A 1960's Triumph: The TR3A 1960's Triumph is a British sports car that consists of a 1.9-liter, nine-line engine with 95 horsepower and a convertible top and front disc brake.

What are the Charitable Contributions of David Thomson?

Although David Thomson is known for his vast wealth and business acumen, he keeps his roots in the community through his charitable contributions. There are some major charitable contributions by David Thomson, which are listed below:

  • Thomson Reuters Foundations: This foundation contributes to ensuring advanced media freedom while promoting human rights and fostering inclusive economies. This foundation has already trained around 18,000 journalists across 170 different countries. 
  • Art Donations: In 2007, the Thomson family donated around 2,000 artifacts to the Art Gallery of Ontario, valued at approximately $300 million.

Ken Thomson Center: David Thomson and his family donated a huge amount of charity to Ken Thomson Center, which is named after David’s father. It employs over 100 research staff and provides about 200 clinical studies per year that improve the treatment quality for neuroscience, oncology, and cardiovascular disease in Canada.


What’s next for David Thomson donated?

David Thomson is ready to lead the company to the next level of digital evolution and advancement. As for the development of the company’s technological potential, David plans to implement artificial intelligence and machine learning in data analysis and information activities. Through his leadership, he is keen to ensure that Thomson Reuters continues to grow in the market while maintaining its position as a leading provider of reliable news and professional information. In addition, David Thomson will focus on corporate and social responsibility and the company's strategic alignment with international environmental standards.


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