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Galen WestonPresident and Chairman of the Board of George Weston Ltd
Country:
 Canada |
Content:
The Biography of Galen Weston
Galen Weston, born in 1940, is the President and Chairman of the Board of George Weston Ltd, a Canadian company. He comes from a family of billionaires, with their combined income from various businesses, including George Weston Ltd. In 2007, they ranked 93rd on Forbes' list of billionaires, with a total estimated fortune of nearly $8 billion USD.
Family Background
Galen Weston was born into the Weston family, a prominent Canadian business family. His father, Willard Garfield Weston, was a Canadian businessman, and his grandfather, George Weston, founded the company George Weston Ltd. Galen Weston's full name is Willard Gordon Galen Weston, and he is considered the head of the family, managing and leading his grandfather's company. His brother, Harry Weston, also oversees one of the family's businesses, Associated British Foods plc, located in the United Kingdom.
Business Ventures
The Weston family's wealth comes from their ownership of various companies, making them billionaires. In addition to their food production companies, the Weston family holds a significant percentage of shares in Loblaw, the largest supermarket chain in Canada. Galen Weston's son, also named Galen, serves as the CEO of Loblaw. Furthermore, his daughter, Alana, holds a high position in the management of the English department store chain, Selfridges.
Family Dynamics
Interestingly, the Weston family maintains a clear division of interests, with each member respecting the others' business methods. This allows for friendly relations among all family members. Galen Weston's wife, Hilary, pursued a political career rather than a commercial one. She served as the 26th Lieutenant Governor of Ontario from 1997 to 2002, holding the second-highest position in the government system.
Personal Interests
In addition to their business ventures, Galen Weston and his wife share a passion for collecting avant-garde art and organizing exhibitions and displays of these works. They have designated spaces within their private mansion located in Vero Beach, Florida for these art exhibits.
