Ismailis in the News: Lalji family

The Rich 100: The Rich List

Alex Mlynek, Graham Scott, Steven Dam, Joe Castaldo, Calvin Leung, Rachel Pulfer

From the Winter 2006/2007 issue of Canadian Business magazine

50. Lalji family: $928 million

Now based in British Columbia, but from Uganda, the Lalji family usually keeps a low profile. It drew some attention in September, however, when family-owned Larco Investments put the Renaissance Toronto Hotel at the Rogers Centre up for sale, along with four other hotels in both Toronto and Ottawa. Altogether, the properties are worth an estimated $300 million to $400 million.

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Author: ismailimail

Independent, civil society media featuring Ismaili Muslim community, inter and intra faith endeavors, achievements and humanitarian works.

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