The Jim Pattison Group is a Canadian conglomerate based in Vancouver. In a recent survey by the Financial Post, the firm was ranked as Canada's 62nd largest company. Jim Pattison, a Vancouver-based entrepreneur, is the chairman, CEO, and sole owner of the company. The Jim Pattison Group, Canada's second largest privately held company, has more than 45,000 employees worldwide, and annual sales of $10.1 billion based on investments in Canada, the U.S., Mexico, Europe, Asia and Australia. The Group is active in 25 divisions, according to Forbes, including packaging, food, forestry products.
In early 2022, the 93-year-old Pattison was still working full-time. According to Forbes, his net worth then was $5.7 billion, having increased substantially from the $2.1 billion reported in March 2009. In September 2020, a news item stated that "Jim Pattison Group Inc. had $10.9 billion in revenue and employed 48,000 people".
History
The Jim Pattison Group began on May 8, 1961, when Pattison purchased a General Motors automobile dealership by borrowing $40,000 from the Royal Bank of Canada, and placing his home and life insurance policy with the bank as collateral. Acquisitions in subsequent years included the following: