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Synopsis

Theres never a bad time to be a billionaire, but some years are better than others. And though 2012 was a decidedly mixed year economically, it was a great year for the 100 richest Canadians—individuals so wealthy theyre members not just of the 1% but the 0.00028%. Of the 100 individuals and families on our 14th annual list, 86 grew their net worth, while only 14 experienced declines. The Rich 100 broke a number of records again, too: their collective net worth surged past 200 billion, which puts them within striking distance of the GDP of Pakistan. And after a few years of modest growth, the number of billionaires on our list popped up to 69. The economic slowdown that still grips much of the globe is keeping a damper on many industries, but telecom, real estate and consumer staples performed well and pushed many members net worth higher.

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