Billionaire Profile
Hal Jackman
Global Rank
#1586

Image: Robin S. Taylor | CC BY-SA 4.0 | via Wikimedia Commons

Hal Jackman

CEO, Insurance
CANADA
Real-Time Net Worth
$2.667B
Estimated based on Insurance stock value as of April 20, 2026
0% (24h)
Age
93
Source
Insurance, investments
Industry
Finance & Investments
Citizenship
CANADA

Biography

Henry Newton Rowell "Hal" Jackman (born June 10, 1932) is a Canadian billionaire businessman and philanthropist. His wealth stems from his significant holdings in E-L Financial Corporation, an investment and insurance holding company. Jackman's career includes leadership roles at National Trust Company and The Empire Life Insurance Company, where he expanded his family's financial services empire. He served as the 25th Lieutenant Governor of Ontario from 1991 to 1997 and has been a generous supporter of the arts, education, and health sectors through the Hal Jackman Foundation. As of March 10, 2026, his net worth is estimated at $2.7 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Henry Newton Rowell "Hal" Jackman was born on June 10, 1932, in Toronto, Ontario, Canada. He is the son of Harry Jackman, a former Member of Parliament, and Mary Rowell Jackman, a philanthropist. Jackman's family had a prominent standing in Toronto's business and political circles.

Rise to Success

Jackman pursued his education at Pickering College, the University of Toronto Schools, Upper Canada College, the University of Toronto Faculty of Law, and the London School of Economics. Following his education, he began his career by joining his family's business, Empire Life Insurance Company. Through his leadership, he grew the company into one of Canada's largest holdings. Jackman also chaired the board of the National Trust Company. He then became the chairman of the board of The Empire Life Insurance Company and other prominent Canadian corporations. Jackman later followed his father's footsteps by entering politics and served as the 25th Lieutenant Governor of Ontario from 1991 to 1997. During his time as Lieutenant Governor, he supported the arts, history, and national unity. His business acumen and public service have allowed him to contribute significantly to both the economic and cultural landscapes of Canada.

Key Business Strategies

Jackman's success in the financial sector has been characterized by strategic asset diversification and timely investment decisions. His experience with the National Trust Company and E-L Financial Corporation underscores his commitment to prudent management and a customer-focused approach. In addition, he is the largest shareholder of E-L Financial Corporation, a Toronto-based investment and insurance holding company.

Philanthropy

Jackman has been a dedicated philanthropist. He established the Hal Jackman Foundation in 1987, which has awarded over $50 million to charities in the arts, education, health, and wellness sectors. His contributions have supported various initiatives, including educational programs and artistic endeavors at the University of Toronto, where he served as Chancellor from 1997 to 2003. He has also made a substantial donation to the University of Toronto Faculty of Law. In 1995, he established The Lieutenant Governor's Awards for the Arts, which awarded over $2.5 million to 84 arts organizations.

Career Milestones

1956

Joined Empire Life Insurance Company

Began working at the family business, playing a significant role in its growth.

1991-1997

Lieutenant Governor of Ontario

Served as the Queen's representative in Ontario, supporting the arts and culture.

1997-2003

Chancellor of the University of Toronto

Supported educational initiatives and contributed to the University's growth.

Philanthropy & Social Impact

Philanthropy

Hal Jackman Foundation

$50M+

Supports initiatives in the arts, education, and health sectors.

Education

University of Toronto Faculty of Law

$100M

Supports scholarships, programs, and global impact efforts.

Business Philosophy & Leadership

Leadership Principles

Strategic Vision

Emphasizing long-term stability and growth.

Philanthropic Commitment

Supporting causes in education, arts, and health.

Controversies & Challenges

1991-1997

Conflict of Interest Allegations

During his tenure as Lieutenant Governor, he faced allegations of contravening federal conflict-of-interest guidelines due to his involvement with National Trustco Inc.