He also sold the priciest house in Arizona in 2008, when a Canadian attorney paid $14 million for a 10,000-square-foot mansion on fiveacres along the slope of Paradise Valley's Mummy Mountain. Imposing this serious penalty helps protect the voices of voters from being drowned out by foreign corporations and other special interests," Adav Noti, the CLC's vice-president and legal director, said in a newsrelease. Her range is 4,750nm. So Windsor has a little quiet community of people who can afford certain houses, said Matlock, whose husband is president of DomCast, a family business started in 1939 that manufactures iron and aluminum castings, welded assemblies and steel forgings. "It's just a vacation home. Zekelman was born and raised in Windsor, Ontario. We reserve the right to publish any information submitted to us. They donated $10 million dollars to the Holocaust Memorial Center in the names of Zekelmans grandparents and parents. [4] List of wealthiest Canadians (Bloomberg, 22 May 2022) [4] [note 2] World rank. Comments are welcome while open. Barry Zekelman is a Canadian billionaire who owns steels plants both in Canada and in the United States. Notion Starts Charging For AI Assistant: Will Microsoft Follow Suit? Wheatland Tube (created as a subsidiary of John Maneely Co in 1931), This page was last edited on 7 November 2022, at 22:12. Atlas is now among four JMC manufacturing divisions. The firm churns out more than 2.5 million tonnes of steel products each yearprimarily pipes, large structural steel elements and electrical conduits used in construction. Barry Zekelman House He lives with his wife Stephanie Zekelman in a large house in Windsor, near Toronto, Canada. Lakeshore town council approved a draft budget Monday containing a 3.75 per cent tax increase that translates into an average rise of $66 per year on the municipal portion of the property tax bill. Steven Spielberg has sold his superyacht, Seven Seas, after listing it earlier this year for $158 million. The development address is 5825 U.S. Highway 281 South in Marble Falls, a town of 7,500 about 48 miles northwest of Austin. Copyright 2023 St. Joseph Communications. Zekelman subsidiaries and locations include:[8], Zekelman Industries provides steel tubing to the US-Mexico border wall. Barry Zekelman: We definitely are, we have 15 plants in the US making steel tubing, one in Canada. Barsky was named CEO in 2012, two years after the museum opened a new $150 million building. Why Kenya Barris Wanted You People To Be His Feature Directorial Debut, Cooperstown Says No To Barry Bonds And Roger Clemens, But Yes To Scott Rolen. The Canadian CEO of steel-tube manufacturer Zekelman Industries, Zekelman has a significant stake in the Trump administration's policies on steel importsand he and his company have spent millions of dollars to advance those interests. [3][4][2][5][6] DBO/Carlyle and NLMK settled their lawsuit in 2009, with NLMK paying $234 million.[7]. pic.twitter.com/Gl9kNSjttV. The couple also owns a 50 foot catamaran speedboat named Outerlimits. You probably need to be more creative marketing the home, she said, perhaps advertising in luxury magazines and on the Internet to appeal to people in other areas who need to be made aware of the Windsor area. The next issue of Windsor Star Headline News will soon be in your inbox. Bob Hassett, a real estate agent representing the seller calls the community "the Beverly Hills of Arizona.". Zekelman, founded in 1877, has never been traded publicly before. Barry gets a little rambunctious around the water! Within weeks of its . Barry Zekelman is a Canadian billionaire. And Zekelman Industries made political donations in the United States skirting or possibly violating a ban on contributions by foreigners . Originally, yeah, I started in Canada, 19-years-old, 2,300 employees and we're now the largest steel consumer in the US. The sale was first reported by Mansion Global Tuesday, while Bloomberg first reported Friday afternoon that a Zekelman-owned firm was behind the purchase. Outerlimits 48 ft cat with twin 1800hp helicopter jet turbines. The following is a list of the wealthiest individuals with "Canada" listed as their "Country/Region" according to Bloomberg's daily listing, the Bloomberg Billionaires Index, as of 22 May 2022. Carlyle and Zekelman nearly sold them to Novolipetsk Steel (NLMK) for $3.5 billion in 2008, but the deal fell through in late 2008, with DBO/Carlyle suing NLMK for breach of contract. The U.S. Federal Election Commission (FEC) found that in 2018, the Windsor, Ont.-born Zekelmancontravened the Federal Election Campaign Act, which prohibits any foreign national from directly or indirectly contributing to any federal, state or local election. The company name was changed to Zekelman Industries in 2016. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. A majority stake was sold to the Carlyle Group in 2006 for $1.5 billion CND.. Holy glorious, it looks amazing, is how Windsor-Essex County Association of Realtors president Kim Gazo describes a Russell Woods waterfront home she believes is the most expensive local home ever listed. He and his wife, Stephanie, live a lavish lifestyle and own homes around the world. Barry Zekelman, the Windsor, Ont.-area owner of a North American steel tube and pipe empire, is backing U.S. President Donald Trump's proposed tariffs and offering all employees a $1,000 annual . ", Related by financial asset: Zekelman Industries, Here are some of the strangest things people have asked a ChatGPT chatbot to answer, Twitter appears to be suffering a partial outage, with Twitter timelines appearing blank on the website, Demo shows a 300W charger topping up Xiaomi's Redmi Note 12+ Pro in just under five minutes, Lenovo unveils the ThinkPad Z13 Gen2, which has a cover partially constructed from woven flax. If you don't see it, please check your junk folder. The Zekelman family gained majority control of JMC last year. Location: Windsor, Ont. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Also not included in this increase figure is Zekelman was a freshman in college when his father Harry passed away, leaving his newly-formed steel tubing business, Atlas, to Barry and his older brother, Alan. $3.7 billion. Barry Trotz makes perfect sense to be his replacement. It's the second-highest price ever paid for an Arizona home: $13.7 million. For more than two years, billionaire Barry Zekelman has been working to pull levers of influence in Trump's Washington. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. Picoma became part of JMC in 2009. Windsor is also home to several notable landmarks, including the Canadian Club Distillery, which produces the famous Canadian whisky, and the Detroit-Windsor Tunnel, a vehicular tunnel that connects the two cities. Its a phenomenal home and everyone whos walked in here, whether theyre from Toronto, New York or Windsor are in awe of the design and how well its done, she said. [12] The third "Man of Steel" superyacht was an aluminum-hulled 49.8m (163ft) Heesen purchased by Zekelman in 2019; it was previously named the Satori and then the Septimus. FARMINGTON HILLS, Mich., Dec. 7, 2021 /PRNewswire/ -- The Holocaust Memorial Center Zekelman Family Campus today announced a major donation in the amount of $15 Million . With thousands of daily visitors and a strong growth rate, The details about yacht ownership as stated on this site and in our Yacht Owners Register are, The content of this website and all associated media are subject to. They also own a vacation home in the Caribbean. The building will also house the college's 7,000 square foot esports facility, billed as the largest of its kind in Canada, when it opens later this summer. Three Canadian billionaires currently on the real-time Forbes list (Barry Zekelman, Clayton Zekelman, and Alan Zekelman) were not on the annual list in 2019. She said there seems to be an increase in the number of high-priced homes for sale. Zekelman Industries, a Chicago-based steel pipe and tube manufacturer, reportedly has estimated annual revenue of $2.8 billion and is owned by Canadian CEO Barry Zekelman and his two brothers . Daily Kickoff: Meet Georgias only Jewish state legislator + Jeffrey Rosen on the podcast, Daily Kickoff: Hair salon siege in Tel Aviv, Daily Kickoff: Taylor Force Act, round two + Vermonts Welch on Israel visit, Daily Kickoff: Congress to push for official Abraham Accords ambassador, Daily Kickoff: Violence flares in West Bank + Rand Pauls Homeland Security position, Daily Kickoff: Sen. James Lankford on the risks of the U.S. pivoting from the Middle East, Daily Kickoff: Interview with new Maryland Gov. Decorated filmmaker Steven Spielberg recently sold, his yacht for about $150 million. "The big boat stays in the islands-that's to clear my head and to relax. One of Zekelman Industries' subsidiaries, Atlas Tube, produced steel for stretches of the Mexican border wall in Arizona. Billionaire film director Steven Spielberg has sold his superyacht Seven Seas for 130 million ($150 million) to billionaire steel baron Barry Zekelman. Built in 2010, the 282-foot yacht can accommodate 20 guests, has nine staterooms, a helipad and, fitting given its original owners background, a movie theater, according to its listing. Unauthorized distribution, transmission or republication strictly prohibited. The Mediterranean-style. Zekelman and his wife have donated tens of millions of dollars to the Special Olympics and other charitable causes. On June 1, 2018, the U.S., under Trump, imposed25 per cent tariffs on imported steel and aluminum. Seven are in Lakeshore, mostly in the Russell Woods area, five are in LaSalle, four are on Amherstburgs Boblo Island and there are two each in Leamington and Windsor. His assets include Western Tube Hayes Modular, a large yacht named MAN OF STEEL, a business jet, and a large real estate portfolio. In 2006-2008, the Carlyle Group purchased John Maneely Co (founded in 1877) for $550 million, then purchased Atlas Tube, and Sharon Tube (founded in 1929), forming them into JMC Steel Group under DBO Holdings. The company had 5 employees at that moment. Theres a lot of quiet wealth out there.. 'This can be solved. Canadian steel magnate Barry Zekelman and his companies have been fined the equivalent of $1.2 million Cdn ($975,000 US) over a $2.2-million ($1.75-million) donation to an organization set up. Zekelmans net worth has been estimated at 3.46 billion, making him the 24th richest person in Canada. Net worth ( USD) Industry. Barry Zekelman, the CEO of steel pipe and tube manufacturer Zekelman Industries, says he welcomes free and fair trade agreements, but argues 'the key is enforcing these agreements.' Zekelman later praised the president for his policies. Zekelman is expected to request the AFA refund the $1.75 million in contributions. Theres a refined elegance to the outside and inside, with solid walnut paneling and flooring, imported limestone, marble and granite. [2], In 20062008, the Carlyle Group purchased John Maneely Co (founded in 1877) for $550 million,[3] then purchased Atlas Tube, and Sharon Tube (founded in 1929), forming them into JMC Steel Group under DBO Holdings. It was sold and renamed Inception. Filings with the Texas agency often show only preliminary plans that can. Canadian steel exec blasts Foreign Minister Chrystia Freeland for not finding a steel and aluminum tariff solution. Zekelman Industries is a Canadian company owned by the Zekelman family, including billionaires Barry, Clayton, and Alan Zekelman. In total, the Zekelmans have given $25 million to the organization over the years. There was an error, please provide a valid email address. 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. They also own several luxurious vacation homes outside of Canada. The U.S. Federal Election Commission (FEC) found that in 2018, the Windsor, Ont.-born Zekelman contravened the Federal . The company grew to sales of more than $1 billion with 2,000 employees. He received his early education in Windsor and later attended York University in Toronto, Ontario. 'Holy glorious, it looks amazing,' is how Windsor-Essex County Association of Realtors president Kim Gazo describes a Russell Woods waterfront home she believes is the most expensive local home ever listed. If you are a Home delivery print subscriber, unlimited online access is. He is married to Stephanie Zekelman. Canadian steel magnate Barry Zekelman and his companies have been fined the equivalent of $1.2 million Cdn ($975,000 US) over a $2.2-million ($1.75-million) donation to an organization set up to support former U.S. president Donald Trump.and candidates aligned with his agenda. The director, co-writer, and co-producer's culture clash romantic comedy is also a love letter to LA. Representatives for Spielberg and Zekelman have yet to respond to Forbes request for comment. It is one of the most advanced and capable business jets on the market, known for its speed, comfort, and versatility.The G550 has a range of 6,750 nautical miles (12,501 km), which allows it to fly non-stop on long-haul routes such as New York to Hong Kong. At $6,995,500, it is believed to be one of the most expensive homes on the market in the Essex County area. Companies controlled by Barry Zekelman a Canadian billionaire and the CEO, chair and owner of Zekelman Industries agreed to pay $975,000 to close an investigation by the FEC into $1.75. Ther 164-foot craft is a replacement for which replaced their previous 124-foot, $16.3 million boat. According to theNew York Times,Zekelmanand his wife were invited to a private dinner with Trumpafter the donations were made. That sale never materialized, but Pettigrew then heard talk they might sell and solicited them about six months ago. A 25,000-square-foot mansion located on almost seven acres in north Scottsdale was sold Monday. The Mediterranean-style mansioncomes with nine bedroom suites and two lofts, all with private patios or balconies. Barry Zekelman is a man of steel. A 25,000-square-foot mansionlocated on almost seven acres in north Scottsdalewas sold Monday. He talked about "Why Manufacturing Matters" to our communities, our security, & our economy. Thats why, according to the New York Times, Zekelman has been lobbying hard for protectionist policies for steel makers in the United States. Barry Zekelman took over his family's steel business at age 19 and has since grown it into one of North America's largest steel pipe and tube makers. Barry M Zekelman is Chairman/CEO at Zekelman Industries Inc. Jun 9, 2010 Barry Zekelman, Windsor Billionaire. Often actual yacht ownership by the private individuals mentioned can not be confirmed, at least from a legal point of view. Wes Moore, Daily Kickoff: What Bibi told Tikvah + Nides to expand Fulbright in Israel. The Holocaust Memorial Center Zekelman Family Campus in Farmington Hills, Mich., has been given a $15 million donation that will go towards an endowment fund to support the museum for years to . He is the owner of the Oceanco yacht Man of Steel. [10], As a foreign business executive trying to buy influence through spending on American elections, the Campaign Legal Center (CLC) filed a complaint against Zekelman with the Federal Election Commission in 2019. On the other hand where theres smoke, there is fire ;-). Zekelman Industries operates a number of subsidiaries and brands, including Wheatland Tube, Sharon Tube, and Picoma. And He's Canadian", "Tape Made Public of Trump Discussing Ukraine With Donors", "Donations Steered to Trump Super PAC by Canadian Are Found to Be Illegal", "Price Drop on Heesen Motor Yacht Man of Steel", https://en.wikipedia.org/w/index.php?title=Zekelman_Industries&oldid=1120607238. We are not sure which jet Zekelman currently owns. Barry Zekelman's corporate empire and family - including his wife and brother - also made at least US$2.6-million in contributions to American politicians and political campaigns over decades. But a few of the older employees helped the young ones along, and we were able to turn around a company that had been losing about $80,000 a month. PARADISE VALLEY, Ariz., April 22 (UPI) -- Canadian Stephanie Zekelman says she's surprised the $14 million she has agreed to pay for a mansion in Paradise Valley, Ariz., reportedly is a state record. Photo by: @evan.marcon #winning #windsorcars #windsorexotics #windsorcarspotters #beast #ferrari #ferrari458 #racer #exhaust #extrafast #supercar #red, A post shared by Cars In And Around Windsor (@windsor_exotics) on Jan 4, 2016 at 1:59pm PST. January 3, 2023 Formerly owned by Steven Spielberg, the stunning MAN OF STEEL yacht was sold to Barry Zekelman in 2021. Subscribe now to read the latest news in your city and across Canada. Windsor is home to several major automotive companies, including Chrysler, Ford, and General Motors, which have had a significant impact on the citys economy and culture. Recently, however, Barry Zekelman, the CEO and executive chairman of Zekelman Industries, also dabbled in biotech, co-financing a Boston cancer research startup called CureMeta. [3] The company name was changed to Zekelman Industries in 2016. He and his wife own a yacht named Man of Steel. Jewish Insider. As part of the settlement, the companies must ask for a refund or request that the Super PACgivethe funds to the U.S. Treasury. Zekelman family bought it back in 2011. Selling a high-priced home generally takes more time because your buying pool of potential customers is smaller, said the realtors association president Gazo. The CLC said the fineis the third highest ever imposed by the FEC. He described his experience as difficult but exciting: In 1986 after my father died and my brother and I went to help the business, Atlas was not in great shape. I have family there, and I've wanted a home there for many years, and that was it.". (Actually, it is closer to Detroit, USA. Barry Zekelman could not be reached for comment. The sale was first reported by Mansion Global Tuesday, while Bloomberg first reported Friday afternoon that a Zekelman-owned firm was behind the purchase. CEO Barry Zekelman also made Forbes' recent billionaires. Literally, I can do it this afternoon.' The politics and business news you need to stay up to date, delivered daily in a must-read newsletter. where Zekelman finds a brief escape from the everyday-where he can don his Z-emblem speedster like a $2 . "It's definitely a business venture, but if I never made a penny off it and cured cancer, I'd be ecstatic," he told the Windsor Star in 2016. The estatealso has 12 garages and a two-story exercise building. The SuperYachtFan team is active in Investigative journalism. America First Action describes itself as "the primary super PAC dedicated to electing federal candidates who support the agenda of the Trump-Pence administration," the FECnotes in its factual and legal analysis of the case. It had sought to list on the New York and Toronto stock exchanges and offer 41.8 million shares at a price range of $17 to $19 . Its almost above Toronto caliber as far as I was concerned, Pettigrew said of his first impression of the house. This advertisement has not loaded yet, but your article continues below. She has a crew of 26. He has also supported political causes and candidates in both the United States and Canada. But ironically, much of the interest has come from local people. I wasnt expecting it, quality wise, and of course being on the water is a bonus.. A Washington watchdog group has filed complaints of alleged law breaking and ethics violations surrounding Windsor businessman Barry Zekelman's support of Donald Trump, including $1.75 million . [9] A Zekelman Industries subsidiary, Wheatland Tube, donated $1.75 million to the America First Action super-PAC to elect Donald Trump, a financial maneuver considered questionable for a foreign citizen. Group companies include Western Tube, Hayes Modular, and Picoma. Bob Hassett ofRuss Lyon Sotheby's had the listing for the home. Zekelman Industries is a family of companies, 100% domestic manufacturers.