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Brandt C. Louie – Billionaire

Brandt Channing Louie (born 5 July 1943) OBC (Chinese: 雷震瀛; pinyin: Léi Zhènyíng) is a Canadian accountant and businessman. He is the President and CEO of H.Y. Louie Co. Limited (distributor to IGA stores in British Columbia), and Chairman of London Drugs Limited.

He succeeded his late father Louie Tong in 1998 on the elder man’s death. Brandt Louie was named “Entrepreneur of the Year” by British Columbia Business. As Chairman/CEO, Louie leads London Drugs charity committee, which oversees the company’s corporate contributions to health and wellness organizations, medical research, education and the arts.

Chancellorship

Louie received an Honorary Doctorate from Simon Fraser University (SFU) and has been a member of the university’s board of governors for the past five years. He was SFU’s ninth Chancellor, from 1 June 2005 until 16 June 2011.

Education/Affiliations

Born in Vancouver, British Columbia, Louie received his BComm from University of British Columbia and became a chartered accountant three years later. He serves on several boards of companies and non-profit organizations, including the Royal Bank of Canada, the Duke University Medical Centre and the Neuroscience Canada Foundation.[citation needed]

He serves on several boards, including the World Economic Forum, the Vancouver Board of Trade (Chairman 1996-1997), Simon Fraser University, Duke University, the John F. Kennedy School of Government at Harvard University, Canfor Corporation, the Royal Bank of Canada, and the Food Marketing Institute. In 2009, he was made a Member of the Order of British Columbia.

  • Louie presides over grocery retailer H.Y. Louie and drug store chain London Drugs.
  • His Vancouver-based holding company H.Y. Louie is the second largest private firm (by revenue) in the province.
  • His grandfather, Hok Yat Louie, immigrated to Vancouver from China in 1986 and worked as a farm laborer.
  • Hok Yat eventually saved enough money to open a small general store in the city’s Chinatown in 1903.
  • Louie joined the family business in 1972 and became president in 1987.

Source:

  1. wikipedia
  2. forbes

 

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