Kenneth Thomson - Fortune - Billionaire list

Kenneth Thomson
Kenneth Roy Thomson, born September 1, 1923 in Toronto, Ontario, Canada, is the 2nd Baron Thomson of Fleet and a businessman and art collector.

He is the son of Roy Herbert Thomson, 1st Baron Thomson of Fleet (1894-1976), the founder of Thomson Corporation that is today a multi-faceted holding company with operations in 46 countries employing 39,000 people.

Fortune
$17.9 billion.

How Kenneth Thomson got Rich
He is the son of Roy Herbert Thomson, 1st Baron Thomson of Fleet (1894-1976), the founder of Thomson Corporation that is today a multi-faceted holding company with operations in 46 countries employing 39,000 people.

Kenneth Thomson was educated at Upper Canada College in Toronto and Cambridge University in the UK. During World War II, he served in the Royal Canadian Air Force. Following the war, he completed his education and entered the family business. In 1956, he married Nora Marilyn Lavis, with whom he had three children: David, Peter and Lesley.

On his father’s passing, Kenneth Thomson assumed the hereditary title, Baron Thomson of Fleet, and succeeded his father as chair of what was then a media empire made up of extensive newspaper and television holdings. The Thomas media empire added the prestigious Globe and Mail in Toronto to The Times and Sunday Times of London, and The Jerusalem Post in Israel. Under Kenneth Thomson, who owns a 73-per-cent stake in the company, Thomson Corporation sold its North Sea oil holdings and sold the London Times to Rupert Murdoch's News Corporation and the Jerusalem Post to Conrad Black's Hollinger Inc. The Globe and Mail was combined with BCE's cable and television assets (including CTV and The Sports Network) to form Bell Globemedia, controlled by BCE with Thomson as a minority shareholder. The company then sold all of its community newspapers to become a financial data services giant and one of the world's most powerful information services and academic publishing companies. Today, the company operates primarily in the United States from its headquarters in Stamford, Connecticut. In 2002, The Thomson Corporation was listed on the New York Stock Exchange as "TOC."