Seymour Schulich ( ; born January 6, 1940) is a Canadian businessman, investor, author, and philanthropist.

Biography

Schulich was raised in a

Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...

family in Montreal, Quebec.Canadian Jewish News: "Jews should stop 'whining' about York U, benefactor says" by Sheri Shefa
May 11, 2016 He graduated from

McGill University McGill University (French: Université McGill) is an English-language public research university in Montreal, Quebec, Canada. Founded in 1821 by royal charter,Frost, Stanley Brice. ''McGill University, Vol. I. For the Advancement of Learning, ...

with a BSc in 1961 and an MBA from the

Desautels Faculty of Management The Desautels Faculty of Management is a faculty of McGill University in Montreal, Quebec, Canada. The faculty offers a range of undergraduate and graduate-level business programs, including the Bachelor of Commerce, Master of Business Adminis ...

in 1965. He earned the

Chartered Financial Analyst The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the US-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and financia ...

designation from the

University of Virginia The University of Virginia (UVA) is a Public university#United States, public research university in Charlottesville, Virginia, United States. It was founded in 1819 by Thomas Jefferson and contains his The Lawn, Academical Village, a World H ...

in 1969. Schulich is married to Tanna and they live in Willowdale, a neighbourhood of Toronto. They have two daughters and four grandchildren.

Career

Schulich's first job was at

Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses Science Biology * Seashell, a hard outer layer of a marine ani ...

. From 1968 to 1990, he worked at Beutel, Goodman & Company, an asset management company which manages in excess of $43 billion CAD (as of 2023), becoming president and vice-chairman. In 1978, Schulich, along with partner

Pierre Lassonde Pierre Lassonde (born 1947) is a Canadian businessman and philanthropist. Early life Pierre Lassonde was born in Saint-Hyacinthe, Quebec, the third of four children. He studied at the Séminaire de Saint-Hyacinthe and graduated in 1967 with ...

, helped pioneer the concept of royalty payments in the mining industry: their Franco-Nevada and Euro-Nevada companies discovered some precious minerals, but their royalty arrangements allowed them to gain ownership stakes in some of the world's most profitable mines. A $1,000 investment in Franco-Nevada's stock in 1983 was worth $1.2 million in 2002, equivalent to a 40% average annual rate of return. In 2002, Franco-Nevada merged with

Normandy Mining Normandy Mining was an Australian mining company which predominantly mined gold. Normandy was, during much of the late 20th century, Australia's largest gold miner.

of Australia and Newmont, creating the largest gold mining company in the world,

Newmont Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it holds ownership of gold mines in the United States, Canada, Mexico, the Do ...

. Schulich was Director of Newmont Mining and Chairman of its merchant banking division from 2002-2007. In 2007, Schulich published a book titled ''Get Smarter: Life and Business Lessons''.

Philanthropy

Schulich has donated funds to numerous Canadian universities including

York York is a cathedral city in North Yorkshire, England, with Roman Britain, Roman origins, sited at the confluence of the rivers River Ouse, Yorkshire, Ouse and River Foss, Foss. It has many historic buildings and other structures, such as a Yor ...

(

Schulich School of Business The Schulich School of Business is the business school of York University located in Toronto, Ontario, Canada. The institution provides undergraduate and graduate degree and diploma programs in business administration, finance, accounting, bus ...

Western Ontario Southwestern Ontario (census population 2,796,367 in 2021) is a secondary region of Southern Ontario in the Canadian province of Ontario. It occupies most of the Ontario Peninsula, bounded by Lake Huron (including Georgian Bay) to the north and no ...

(

Schulich School of Medicine & Dentistry The Schulich School of Medicine and Dentistry is the combined medical school and dental school of the University of Western Ontario, a public university in London, Ontario, Canada. The medical education section is one of six in Ontario and one ...

Calgary Calgary () is a major city in the Canadian province of Alberta. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806 making it the third-largest city and fifth-largest metropolitan area in C ...

(

Schulich School of Engineering The Schulich School of Engineering is the accredited engineering school of the University of Calgary located in Calgary, Alberta, Canada. It currently has 4,610 enrolled students (3,470 undergraduate and 1,140 graduate) and over 150 faculty memb ...

), Dalhousie (

Schulich School of Law The Schulich School of Law is the law school of Dalhousie University in Halifax, Nova Scotia, Canada. Founded in 1883 as Dalhousie Law School, it is the oldest university-based common law school in Canada. It adopted its current name in October ...

Dalhousie Faculty of Computer Science The Faculty of Computer Science is a faculty of Dalhousie University in Halifax, Nova Scotia, Canada. History The Faculty of Computer Science was officially founded on 1 April 1997 with the merger of the Technical University of Nova Scotia (TU ...

McGill McGill is a surname of Scottish and Irish origin, from which the names of many places and organizations are derived. It may refer to: People * McGill (surname) (including a list of individuals with the surname) * McGill family (Monrovia), a promin ...

(

Schulich School of Music The Schulich School of Music (also known as Schulich) is one of the constituent faculties of McGill University in Montreal, Quebec, Canada. It is located at 555, Rue Sherbrooke Ouest (555, Sherbrooke Street West). The faculty was named after the ...

), Nipissing (Schulich School of Education), and Queen's (Schulich-Woolf Rare Book Collection). The first and largest donation that was made was to the

at York University. All degrees issued by the Schulich School of Business now bear the signature of Seymour Schulich. His philanthropy also extends beyond universities, to the

Sunnybrook Health Sciences Centre Sunnybrook Health Sciences Centre (SHSC), commonly known as Sunnybrook Hospital or simply Sunnybrook, is an academic health science centre located in Toronto, Ontario, Canada. The hospital is the largest trauma centre in Canada. It is accredite ...

(Schulich Heart Centre) in Toronto, and outside Canada to the

University of Nevada, Reno The University of Nevada, Reno (Nevada, the University of Nevada, or UNR) is a Public university, public Land-grant university, land-grant research university in Reno, Nevada, United States. It is the state's flagship public university and prim ...

(Schulich Lecture Hall) and Technion – Israel Institute of Technology. On October 15, 2009, Schulich officially presented a donation in the amount of $20 million to Dalhousie University's Law School; in doing so, the Law School has now been renamed the

. On October 14, 2011, Schulich announced a $100 million scholarship program targeting students entering the science, technology, engineering and math fields (STEM) in Canada and Israel. This gift is being co-administered by UJA Federation of Greater Toronto and the Schulich Foundation. The program is called ''

Schulich Leader Scholarships The Schulich Leader Scholarships is a Canadian and Israeli undergraduate award program that provides scholarships for students enrolled in STEM areas of study. Established in 2011 following a $100 million gift from Canadian businessman and phila ...

'', the largest undergraduate STEM scholarship opportunity in each country.

Honours

* 2013, Doctor of Laws, ''honoris causa'',

Dalhousie University Dalhousie University (commonly known as Dal) is a large public research university in Nova Scotia, Canada, with three campuses in Halifax, Nova Scotia, Halifax, a fourth in Bible Hill, Nova Scotia, Bible Hill, and a second medical school campus ...

* 2011, Officer of the Order of Canada "for his transformational philanthropy in support of our education and health care institutions". *2011, Inductee, Canadian Business Hall of Fame * 2010, Doctor of Laws, ''honoris causa'',

University of Calgary {{Infobox university , name = University of Calgary , image = University of Calgary coat of arms without motto scroll.svg , image_size = 150px , caption = Coat of arms , former ...

* 2008, Doctor of Laws, ''honoris causa'',

University of Western Ontario The University of Western Ontario (UWO; branded as Western University) is a Public university, public research university in London, Ontario, Canada. The main campus is located on of land, surrounded by residential neighbourhoods and the Thame ...

* 2006, Inductee, Canadian Mining Hall of Fame * 2004, Honorary Doctorate,

* 2003, Doctor of Laws, ''honoris causa'',

York University York University (), also known as YorkU or simply YU), is a public university, public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, and it has approximately 53,500 students, 7,000 faculty and staff, ...

* 1999, Member of the

Order of Canada The Order of Canada () is a Canadian state order, national order and the second-highest Award, honour for merit in the system of orders, decorations, and medals of Canada, after the Order of Merit. To coincide with the Canadian Centennial, ce ...

* 1998, "Developer of the Year" by the Prospectors and Developers Association of Canada * 1997, with Pierre Lassonde, named "Mining Man of the Year" by The Northern Miner

Partial bibliography

* Schulich, Seymour. ''Get Smarter Life and Business Lessons''. Toronto: Key Porter Books, 2007. * Schulich, Seymour. ''Weather Gas Distribution Companies and Stock Markets ( a Theory for Short Term Traders.)'' --. S.l: s.n.], 1965.

References

Sources

McGill University news

The Schulich donation and the naming of the Schulich School of Medicine – Issues

Titans: How the New Canadian Establishment Seized Power