Billionaire Profile
N. Murray Edwards
Global Rank
#1083

Image: Public domain | via Wikimedia Commons

N. Murray Edwards

CEO, Canadian Natural Resources Limited (CNRL)
CA
Real-Time Net Worth
$3.7B
As of December 2025
Age
65
Source
Oil & gas
Industry
energy
Citizenship
CA

Biography

N. Murray Edwards, a prominent Canadian businessman, is a major figure in the oil and gas industry with an estimated net worth of $3.7 billion as of December 2024. Born on December 10, 1959, Edwards is known for founding and leading major Canadian companies, including Canadian Natural Resources Limited (CNRL), a leading oil and gas producer. His career includes significant achievements in the energy sector and as a co-owner of the Calgary Flames. Edwards is also recognized for his philanthropic efforts, particularly in education.

Wealth Over Time

In-Depth Profile

Early Life

Norman Murray Edwards was born in Regina, Saskatchewan, Canada, on December 10, 1959. He grew up in a household that emphasized the importance of education. His father was an accountant, and his mother was a primary school teacher. Edwards developed an early interest in hockey and worked as a referee during high school.

Rise to Success

Edwards pursued higher education at the University of Saskatchewan, where he earned a Bachelor of Commerce with distinction. He later obtained a law degree from the University of Toronto. After practicing law, Edwards transitioned to the business world. He is most notably known for launching Canadian Natural Resources Limited (CNRL), a major player in the Canadian oil sands.

Key Business Strategies

Edwards's business strategy has been characterized by strategic investments and a focus on the energy sector, particularly the oil sands. He has been involved in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids. Edwards has also expanded into aerospace with Magellan Aerospace Corporation and into sports, co-owning the Calgary Flames.

Philanthropy

Edwards is actively involved in philanthropy, with a focus on supporting education. His contributions led to the renaming of the College of Commerce at the University of Saskatchewan to the N. Murray Edwards School of Business. He also supports the Alberta Children's Hospital and other organizations.

Career Milestones

1983

Law Degree

Graduated with an LL.B from the University of Toronto.

1990s

FirstEnergy Capital Corp.

Founded FirstEnergy Capital Corp., a leading investment and banking firm.

1994

Calgary Flames Ownership

Became a co-owner of the Calgary Flames.

2007

Edwards School of Business

The College of Commerce at the University of Saskatchewan was renamed the N. Murray Edwards School of Business.

2013

Order of Canada

Appointed as a Member of the Order of Canada.

Philanthropy & Social Impact

Education

N. Murray Edwards School of Business

Undisclosed

Significant financial contributions to the University of Saskatchewan.

Health

Alberta Children's Hospital

Undisclosed

Supports healthcare initiatives.

Community

Calgary Children's Initiative

Undisclosed

Supports community benefits.

Business Philosophy & Leadership

Notable Quotes

"“I believe education is the great equalizer, and so that is where I focus much of my philanthropy.”"

Leadership Principles

Good Team

Having a good team of people is essential for success.

Entrepreneurship and Collaboration

Drawing on traits of entrepreneurism and collaboration.