Age, Biography and Wiki
Who is it? | CEO and Chairman, Morguard Corporation |
Birth Place | Mississauga, Canada, Canada |
Net worth: $1.2 Billion (2024)
K. Rai Sahi, a prominent figure in the Canadian business industry, is estimated to have a net worth of $1.2 billion by 2024. With a successful career spanning several decades, Sahi is well-known as the CEO and Chairman of Morguard Corporation in Canada. Under his exceptional leadership, the corporation has achieved remarkable growth and success, solidifying its position as one of the country's leading real estate and property management companies. With his vast experience and strategic vision, Sahi continues to contribute significantly to the growth and development of Morguard Corporation.
Biography/Timeline
Sahi emigrated to Canada from India in 1971. He began his career as a laborer in Montreal before going on to build CF Kingsway Inc., Canada's third-largest trucking operation, then branching out into Manufacturing and real estate, to become one of the wealthiest Indo-Canadians in Canada. Sahi is a Certified General Accountant and a member of the Certified General Accountants of Ontario. In 2009, he was awarded with a fellowship designation (FCGA), by the Certified General Accountants Association of Canada.
In "Who Owns Canada Now: Old Money, New Money and The Future of Canadian Business," by Diane Francis, Editor-at-Large for the National Post, Sahi is portrayed as an Example of the "democratization of ownership in Canada from a country in 1986 owned by a few dozen rich families and conglomerates to hundreds of wealthy Canadian families, gigantic pension or mutual funds and millions of Canadian Investors."