Jacqueline Desmarais Family Net Worth is
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The Honourable Paul Desmarais, Sr., PC CC OQ (January 4, 1927 a?? October 8, 2013) was a Canadian financier in Montreal. With an estimated net worth of $US 4.5 billion (as of March 2011), Desmarais was ranked by Forbes as the fourth wealthiest person in Canada and 235th in the world. He was CEO of the Power Corporation of Canada (PCC), a Canadian company active in the fields of mass media, pulp and paper and financial services.


Desmarais was born in Sudbury, Ontario to lawyer Jean-Noel Desmarais (c. 1897-?) and Lebea Laforest (c. 1902-?). The Desmarais family is originally from Quebec and descended from Paul Desmarais who moved to Canada from Saint-Sauveur, France.
Desmarais' grandfather NoA<Desmarais was married to Jacqueline Maranger, also from Sudbury. They had two sons: Paul Jr. and AndrA(C) (who is married to former Canadian Prime Minister Jean ChrA(C)tien's daughter France) and two daughters, Sophie and Louise. Sophie Desmarais' ex-husband, Eric Le Moyne de SA(C)rigny, is involved in a political financing scandal in France known as the Bettencourt case widely covered by the French media. French President Nicolas Sarkozy came under fire after allegations that his presidential campaign was illegally funded by Liliane Bettencourt, L'OrA(C)al heiress and France's wealthiest woman. (In October 2013, Mr. Sarkozy was cleared of any wrongdoing in this case.) SA(C)rigny is close to French President Nicolas Sarkozy, heads numerous companies, and a member of the board of directors of Imerys, a mining company partially owned by a subsidiary of the Power Corporation of Canada and majority owned by the Desmarais family and tycoon Albert FrA?re, the richest man in Belgium who was involved in the UN Oil-for-Food scandal.
He has a large family estate in Sagard, Quebec, Canada between the villages of Saint-SimA(C)on and Petit-Saguenay: the field Laforest. His area of over 75 square kilometers has an esti

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Jacqueline Desmarais Family Latest News

Anonymous Desmarais Video Aimed At Showing Links Between Business And Political Power

The hacktivist group Anonymous posted a documentary Wednesday aimed at revealing the the close political ties between Canada's political elite and Quebec's wealthy Desmarais ... family. The video shows the influential attendees of a birthday party for ...
Posted: May 30, 2012, 7:16 pm

3 Companies Power Corporation of Canada Should Buy

One paragraph of a recent Globe and Mail article about Power Corporation of Canada (TSX:POW) puts into perspective the dilemma facing the Desmarais family who controls the ... stated the Globe and Mail?s Jacqueline Nelson and Andrew Willis.
Posted: December 11, 2017, 7:29 am

New pavilion at Sainte-Justine Hospital carries the Desmarais name

The Desmarais family’s impressive legacy in Montreal has a towering new symbol. Sainte-Justine Hospital on Monday officially christened its new, nearly-finished seven-storey addition the Jacqueline Desmarais pavilion. The Desmarais family and the company ...
Posted: October 17, 2016, 1:50 pm
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