The Ledger / Daryl Katz
Daryl Katz
◼ Origin
Daryl Katz (born 1961, Edmonton, Alberta) trained as a lawyer before pivoting to pharmaceutical retail in the early 1990s. Starting with small independent pharmacy acquisitions in Edmonton, he built the Katz Group into a national chain rebranded as Rexall, which he sold to McKesson Canada in 2016 for approximately C$3 billion. He purchased the Edmonton Oilers NHL franchise in 2008 for roughly C$200 million and oversaw the team's move to Rogers Place arena in downtown Edmonton. He is also a major philanthropist, including a C$75 million donation to the University of Alberta.
◼ Self-Made Verdict — YES
Bought small pharmacy chains starting in the 1990s with no documented inheritance or family financial backing, growing from Edmonton-area retail into a national chain worth billions.
◼ Documented marks
01
Owner of the Edmonton Oilers (NHL) and Rogers Place arena, acquired in 2008 for approximately C$200 million.
02
Sold Rexall pharmacy chain (~800 stores, Medicine Shoppe Canada included) to McKesson Canada in 2016 for approximately C$3 billion.
03
Katz Group retains diversified real estate and entertainment holdings in Edmonton's Ice District.
04
Major philanthropist: C$75 million donation to the University of Alberta School of Pharmacy (now Katz School of Pharmacy).
05
In 2011–2013, Katz's public arena financing demands and threat to relocate the Oilers generated significant political controversy in Edmonton.
No inheritance, or primary accounts documented for this billionaire yet.
◼ List of charges
Total sentence
0–0 years
That is
0.0–0.0 life sentences
(using 78 years as one life)
These are moral charges, not legal ones. The actual legal system has not — and will not — bring them.
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