Clayton Riddell Net Worth is$3.1 Billion
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Profession: Geologist
Country: Canada
Clayton Riddell net worth: Clayton Riddell is the founder, president and CEO of Calgary, Alberta based Paramount Resources who has a net worth of $3.1 billion. Having graduated with a Bachelor of Science (Honors) in Geology from the University of Manitoba, Riddell started his career as a geologist with Chevron in 1959. After ten years, Clayton aka "Clay" left Chevron to start his own business, C.H. Riddell Geological Consultants Ltd. Then in 1974, Clay established his private firm Paramount Oil & Gas Ltd. Four years later, he decided to incorporate Paramount Resources Ltd., plus he sold 40% of the company to the public in an IPO, raising $5 million. Even though he has stakes in more than five Canadian energy companies, his major investment is still Paramount Resources, which assumed total control of ProspEx Resources in April 2011. Also, Riddell owns a partial stake in the Calgary Flames, as well as high-end Calgary restaurant Catch. Among other things, Clay was named president of the Canadian Society of Petroleum Geologists and chair of the Canadian Association of Petroleum Producers.
Clayton (Clay) H. Riddell, OC (born 1936 or 1937) is the founder, president and CEO of Calgary, Alberta based Paramount Resources. He graduated with a Bachelor of Science (Honours) in Geology from the University of Manitoba. He also is part owner of the Calgary Flames and high-end Calgary restaurant Catch. With an estimated net worth of $US 2.5 billion (as of March 2011), Riddell was ranked by Forbes as the 12th wealthiest Canadian and 459th in the world.
Riddell was a president of the Canadian Society of Petroleum Geologists and Chair of the Canadian Association of Petroleum Producers.
The Clayton H. Riddell Faculty of Environment, Earth, and Resources at the University of Manitoba is named in honour. Riddell donated $10-million in order to create an endowment fund for the faculty. The faculty combines the Department of Environment and Geography, the Department of Geological Sciences and the Natural Resources Institute.
In 2008, he was made an Officer of the Order of Canada. In May 2010, Carleton University announced the creation of Canada's first graduate program in political management, made possible by Riddell's donation. Riddell made the largest donation in Carleton's history, making the creation of the program possible.
Also owns Perpetual Energy Inc, Trilogy Energy Trust, and MGM energy.

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Clayton Riddell Latest News

Paramount and Trilogy Complete Merger

will make Paramount a well-funded intermediate exploration & production company with significant land positions in the best resource plays in the basin" said Clayton Riddell, the Executive Chairman of Paramount and Trilogy. Mr. Riddell also said that ...
Posted: September 12, 2017, 5:25 am

Paramount Resources Ltd. Announces Director Election Results from its 2017 Annual Meeting of Shareholders

NOMINEE VOTES FOR VOTES WITHHELD Number Percent (%) Number Percent (%) CLAYTON RIDDELL 84,540,337 99.24% 650,297 0.76% JAMES RIDDELL 84.133,157 98.76% 1,057,477 1.24% JAMES BELL 84,932,057 99.70% 258,577 0.30% JOHN GORMAN 84,408,498 99.08% 782,136 0.92% ...
Posted: May 10, 2017, 9:43 am

Carleton U concedes $15M donor deal offside

The concession comes as the Canadian Association of University Teachers, or CAUT, prepares a broadside at what it calls "unprecedented and unacceptable" provisions in Carleton's secret deal with Calgary businessman Clayton Riddell. The latest incident ...
Posted: July 12, 2012, 9:35 am
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