Canadian billionaire couple found dead in mysterious circumstances

Ashley Carr
December 17, 2017

Canadian police have said they are investigating the deaths of Barry Sherman the founder of Apotex Inc. a Canadian pharmaceutical company, and Honey his wife.

Emergency crews were called to the home at about 11:45 a.m. on Friday, the Canadian Broadcasting Corporation reported, with police saying only that a man and woman were pronounced dead on the scene.

He declined to say whether the bodies showed signs of trauma and did not provide details on the time or cause of death.

Bernard Sherman is the founder of generic drug-maker Apotex in 1974 after buying the company, previously Empire Laboratories, from his uncle.

Mr. Sherman's net worth was recently estimated to be $4.77-billion by Canadian Business, an online magazine, making him the 15th-richest person in Canada.

A real estate agent discovered the bodies in the basement while preparing for an open house, the Toronto Globe and Mail reported, citing a relative. He stepped down as chief executive in 2012 but remained as executive chairman.

Results of a postmortem examination will indicate whether the Shermans' deaths will be investigated as a homicide, Hopkinson said.

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Barry Sherman is the founder of drug company Apotex.

Mayor John Tory also issued a statement: "Barry and Honey were kind, good people who will be greatly missed". "As employees, we are proud of his tremendous accomplishments, honoured to have known him, and vow to carry on with the Apotex goal in his honour".

"Our condolences to their family & friends, and to everyone touched by their vision & spirit", Trudeau wrote on Twitter.

Sherman has also been an active philanthropist, including donating $50 million to the United Jewish Appeal.

Sherman's wife, Honey, was a member of the board of the Baycrest Foundation and the York University Foundation. Neighbours confirmed that the property was the couple's home.

Const. David Hopkinson would not identify the two deceased, but government officials said they were Toronto billionaire Berntard Sherman and his wife Honey.

"Wonderful human beings, incredible philanthropists, great leaders in health care".

Other reports by My Hot News

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