Billionaire Profile
Hal Jackman
Global Rank
#1604

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

Hal Jackman

CEO, Insurance
CANADA
Real-Time Net Worth
$2.566B
Estimated based on Insurance stock value as of March 6, 2026
+0.52% (24h)
Age
93
Source
Insurance, investments
Industry
Finance & Investments
Citizenship
CANADA

Biography

Henry Newton Rowell "Hal" Jackman, born in 1932, is a Canadian billionaire businessman with a net worth of $2.7 billion as of February 2, 2026. His wealth stems from his involvement in insurance and investments. Jackman is known for his successful career in the financial sector, where he chaired and presided over prominent Canadian corporations, including National Trust Company and The Empire Life Insurance Company. He served as the 25th Lieutenant Governor of Ontario from 1991 to 1997 and has been a significant philanthropist, particularly in education and the arts.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Henry Newton Rowell "Hal" Jackman was born in Toronto, Ontario, Canada, on June 10, 1932. He is the son of Harry Jackman, a former Member of Parliament, and Mary Rowell Jackman, a philanthropist. He attended Upper Canada College, University of Toronto Schools, and the London School of Economics. Jackman's upbringing instilled in him a strong commitment to public service and philanthropy, which would become a defining aspect of his life.

Rise to Success

Jackman began his career as an Executive Assistant to a Federal Minister at age 25. His career in finance saw him chair and preside over several insurance and investment companies, including National Trust and Empire Life. He and his family are the largest shareholders of E-L Financial Corporation, an investment and insurance holding company based in Toronto. Jackman's father, Harry Jackman, built a financial services empire which Hal expanded over his decades at the helm.

Key Business Strategies

Hal Jackman's business acumen helped grow the family's financial holdings. Key to his success was his strategic leadership within E-L Financial Corporation, which operates through E-L Corporate and Empire Life. While specific strategies are not widely available, his leadership in the insurance and investment sector, along with his family's ownership of key financial institutions, suggests a focus on long-term investments and prudent financial management. His ability to navigate the financial landscape and expand the family's holdings has been central to his wealth.

Philanthropy

Jackman has been a dedicated philanthropist throughout his life. He served as the Chancellor of the University of Toronto from 1997 to 2003 and has supported various educational initiatives, providing funding for scholarships and the creation of distinguished chair programs. The Hal Jackman Foundation supports projects promoting wellbeing and addresses a wide range of human needs, including healthcare and global development. The foundation has awarded over $50 million to charities in the arts, education, and health and wellness sectors since 1987.

Career Milestones

1991

Lieutenant Governor of Ontario

Appointed as the 25th Lieutenant Governor of Ontario, serving until 1997.

1997

Chancellor of the University of Toronto

Served as Chancellor of the University of Toronto until 2003, supporting educational initiatives.

2000

Officer of the Order of Canada

Promoted to Officer of the Order of Canada for contributions to public life and cultural enrichment.

Philanthropy & Social Impact

Philanthropy

Hal Jackman Foundation

$50M+

Supports projects in arts, education, healthcare and global development.

Education

University of Toronto

$100M

Made a historic donation to the Faculty of Law.