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Billionaire Profile
K. Rai Sahi
Global Rank
#3177

K. Rai Sahi

CEO, Real estate
Mississauga, Canada
Real-Time Net Worth
$1.15B
Estimated based on Real estate stock value as of August 24, 2026
0% (24h)
Age
79
Source
real estate
Industry
Diversified
Citizenship
Canada

Biography

K. Rai Sahi, a prominent Canadian real estate executive, is currently the Executive Chair of Morguard Corporation, one of Canada's largest integrated real estate companies. With a net worth of $1.1 billion, Sahi has built a career spanning over 50 years in the real estate sector, establishing himself as a key figure in the industry. His source of wealth stems from his strategic investments and leadership in real estate, which has allowed him to build a diverse portfolio of commercial, residential, multi-family, and hotel properties across North America. Sahi's career is a testament to his entrepreneurial spirit and his success in the Canadian market.

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Data Updated
Aug 23, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.15B
2025$1.10B
2024$1.10B
2023$1.10B
2022$1.10B
2021$1.10B
2020$1.10B

Portfolio Holdings

RioCan REIT

RioCan REIT

REI.UNReal Estate
Market Cap
$5.74B
Stock Price
$18.93
Toronto, Ontario
516 employees
Founded 1993

In-Depth Profile

Early Life

Kuldip Rai Sahi, known as K. Rai Sahi, was born on April 30, 1946, in what is now Pakistan. His family relocated to India during the partition. He earned a bachelor's degree from D.A.V. College in Kanpur before immigrating to Canada in 1971.

Rise to Success

Sahi's career began in Montreal as a laborer. He subsequently transitioned to various roles in the financial sector, including insurance sales and banking, which provided valuable insights into Canadian business. In 1983, Sahi joined Morguard Corporation, rising to Chairman and CEO. He has played a key role in the company's growth into a major integrated real estate platform, with a significant portfolio of commercial, residential, and hotel properties across North America. He also led ClubLink Enterprises, now TWC Enterprises, the largest golf club owner and operator in Canada.

Key Business Strategies

Sahi's business strategies included strategic acquisitions and a focus on key markets. He turned around underperforming companies, such as Acklands, and transformed them into profitable ventures. His financial acumen, combined with his ability to identify and capitalize on opportunities, has been instrumental in Morguard's success.

Philanthropy

Sahi has been recognized for his philanthropic endeavors. He was awarded the Queen Elizabeth II Diamond Jubilee Medal in 2012.

Career Milestones

1971

Immigration to Canada

Immigrated to Canada and began his career as a laborer in Montreal.

1983

Joined Morguard Corporation

Joined Morguard, rising to become Chairman and CEO.

1994

Turnaround Entrepreneur of the Year

Awarded Turnaround Entrepreneur of the Year.

2007

Board of Directors - CBC

Appointed to the board of directors of the Canadian Broadcasting Corporation.

2009

Voice Achievers Award & Top 25 Most Influential Figures in Canadian Golf

Received the Voice Achievers Award and ranked 8th among the "Top 25 Most Influential Figures in Canadian Golf".

2012

Queen Elizabeth II Diamond Jubilee Medal

Received the Queen Elizabeth II Diamond Jubilee Medal.

2025

Executive Chair of Morguard

Transitioned to the role of Executive Chair following the appointment of his daughter as President and CEO.

Billionaires Connected to K. Rai Sahi

Peers in Diversified

All Diversified billionaires

Richest in Canada

All billionaires from Canada

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is K. Rai Sahi's net worth in 2026?
As of 2026, K. Rai Sahi's estimated net worth is $1.145 billion, ranking #3177 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did K. Rai Sahi make their money?
K. Rai Sahi's wealth primarily comes from real estate, most notably through Real estate.
Where is K. Rai Sahi from?
K. Rai Sahi is from Canada.
How old is K. Rai Sahi?
K. Rai Sahi is 79 years old.

Sources & References

  1. K. Rai Sahi — Forbes profile Forbes