Billionaire Profile
Peter Gilgan
Global Rank
#581

Image: Bert397 | CC BY-SA 4.0 | via Wikimedia Commons

Peter Gilgan

CEO, Homebuilding
CANADA
Real-Time Net Worth
$6.854B
Estimated based on Homebuilding stock value as of April 20, 2026
0% (24h)
Age
75
Source
Homebuilding
Industry
Diversified
Citizenship
CANADA

Biography

Peter Gilgan is a Canadian billionaire and philanthropist, best known as the founder of Mattamy Homes, North America's largest privately owned homebuilder. Born in Burlington, Ontario, in 1951, Gilgan trained as a chartered accountant before entering the homebuilding industry. His career spans over four decades, during which he has built over 135,000 homes and established a reputation for creating thriving communities. Gilgan's net worth is estimated at $7.7 billion, and he is recognized for his significant contributions to healthcare, education, and community development through the Peter Gilgan Foundation. He has been appointed as an Officer of the Order of Canada for his exceptional commitment to these causes.

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

Wealth Over Time

In-Depth Profile

Early Life

Peter Gilgan was born in Burlington, Ontario, in 1951, and grew up in a middle-class family with six siblings. His father was an electrician, and his mother raised the family. After graduating high school, Gilgan pursued a career as a chartered accountant.

Rise to Success

Gilgan's entrepreneurial journey began when he founded Mattamy Homes in 1978. The company's name is a portmanteau of his two oldest children's names, Matt and Amy. Mattamy Homes has since grown to become the largest privately owned homebuilder in North America, building over 135,000 homes across Canada and the United States. Gilgan's vision extended beyond building houses; he aimed to create complete communities fostering connection and thriving through the decades. In 2018, he established Mattamy Asset Management Inc. to diversify into other asset classes.

Key Business Strategies

Gilgan's success stems from several key strategies. He focuses on building entire neighborhoods and emphasizes innovation within the industry. Mattamy Homes handles all aspects of construction, from land acquisition to design and assembly, ensuring quality control. The company’s operations include land acquisition, community design and development, and housing and parkland design and construction, with a particular emphasis on creating complete communities of enduring value to homeowners.

Philanthropy

Gilgan is known for his significant philanthropic contributions. Through the Peter Gilgan Foundation, established in 2006, he supports initiatives focused on health care, education, and community building. His lifetime charitable donations total over $370 million. Notably, he made a historic $105 million gift to Trillium Health Partners, the largest donation to a hospital in Canadian history, and a $60 million donation to St. Joseph's Health Centre in Toronto.

Career Milestones

1978

Founded Mattamy Homes

Established Mattamy Homes, which became North America's largest privately owned homebuilder.

2006

Established the Peter Gilgan Foundation

Created a family foundation to support charitable initiatives in healthcare, education, and community building.

2007

Canada's Entrepreneur of the Year

Received the prestigious award for his entrepreneurial achievements.

2014

Officer of the Order of Canada

Appointed as an Officer of the Order of Canada for his contributions to the construction industry and philanthropy.

2018

Founded Mattamy Asset Management Inc.

Established a firm to manage a diverse investment portfolio.

Philanthropy & Social Impact

Healthcare

Trillium Health Partners

$105M

Largest donation to a hospital in Canadian history

Healthcare

St. Joseph's Health Centre

$60M

Donation to help build a new wing

Education

Toronto Metropolitan University (TMU)

Unknown

Supported the revitalization of Maple Leaf Gardens as the Mattamy Athletic Centre.

Business Philosophy & Leadership

Notable Quotes

"“you start with an idea, and it develops into something that hopefully is a thing of beauty and endurance and sustainability and a sense of personal satisfaction for not only the builder of the project, but also for those who live there.”"