Ron Southern Net Worth is$1.7 Billion
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Nationality: Canada
Date of Birth: 1930-07-25
Place of Birth: Calgary
Ronald Southern Net Worth: Ronald Southern is a Canadian businessman who has a net worth of $1.7 billion. The founder of the power and utility company called ATCO Group, which now has more than 9,400 employees and assets of approximately $16 billion, Ronald Southern is one of the richest people in Canada. A graduate of the University of Alberta with a Bachelor of Science degree in medicine, Southern decided to start his own business in 1947 when he and his father each put in $2,000 in the original Alberta Trailer Hire Co. which later became ATCO. First, the two purchased fifteen utility trailers and rented them out in the Calgary area, after which they started importing and marketing mobile homes in the States. In the 1970?s, the father-and-son duo expanded their operations into the oil and gas business, and a decade later they later moved into electricity as well. Nowadays, the company holds interest in various companies that are active in structures and logistics, energy, utilities, and technology industries. Carrying out President duties for 48 years, Ronald Southern was also the Chairman of ATCO Ltd. and the Canadian Utilities until 2012. Currently, it is his daughter Nancy who serves as the president, chief executive officer, and chairwoman of ATCO.
Ronald D. Southern, CC CBE AOE (born July 25, 1930) is a Canadian businessman. He is chairman of Calgary-based ATCO Ltd. and is also the founder of the Spruce Meadows equestrian center.
In 1947, Southern and his father each invested $2,000 in the original Alberta Trailer Hire Co., which later became ATCO. Southern received a bachelor of science degree from the University of Alberta in 1953 and began to work full time for the company. As of 2007, he remains Chairman and majority shareholder of ATCO. He passed the title of Chief Executive Officer to his daughter, Nancy Southern, in January 2000.

Southern and his wife Margaret Southern are the founders co-chairs of Spruce Meadows. Opened in 1976, it was built for their daughters who had long been involved with competitive equestrian riding. The current President and Chief Executive Officer of Spruce Meadows is Linda Southern-Heathcott.
Southern has served as a director of several corporations including Lafarge, Southam Inc., Chrysler Corporation of Canada, Imasco, Canadian Airlines, Fletcher Challenge, Royal & SunAlliance and Canadian Pacific. He is a director of Akita Drilling Ltd. and Chairman of Sentgraf Enterprises Ltd. Southern is also a member of the Trilateral Commission. In September 2006, Ron Southern was appointed Officer of Orange Nassau by Her Majesty Queen Beatrix of The Netherlands.
Southern received Canada's highest civilian honor when he was inducted as a Member of the Order of Canada in 1986. He was inducted as a Member of the Order of the British Empire in 1990, in recognition for his promotion of Anglo-Canadian relations in the fields of commerce, culture and sport. In June 1995, he was promoted to the level of Commander of the Order of the British Empire (CBE). In August 2003, Southern was made an Officer of the Order of Canada and was promoted to Companion in 2006. In 2012, Southern was appointed to the Alberta Order of Excellence.
He has received honorary doctoral degrees fr

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Ron Southern Latest News

Ron Southern, founder of Atco Group, dies at 85

Ron Southern, an icon of Alberta business who transformed a small trailer rental company into a global industrial empire, has died. He was 85. Mr. Southern, who founded the Atco Ltd. group of companies and the Spruce Meadows equestrian facility ...
Posted: January 21, 2016, 12:35 pm

New Calgary school named in honour of Ron Southern

A new elementary school built in a deep southwest Calgary community has been named after entrepreneur Ron Southern, who passed away in January. Southern and his wife, Margaret, built Spruce Meadows into a world-class equestrian sports facility, famous for ...
Posted: June 9, 2016, 7:00 pm

Mickey N’ Ron’s in Lorain offers food with a side of faith

There’s a new spot to get your grub on in Lorain. Mickey N’ Ron’s, 2428 Elyria Ave., which recently opened, offers southern cuisine. The eatery also offers a chance to provide preschool education for underprivileged children when patrons buy food.
Posted: October 24, 2016, 1:07 pm
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