Billionaire Profile
Peter Gilgan
Global Rank
#486

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

Peter Gilgan

CEO, Homebuilding
CANADA
Real-Time Net Worth
$7.653B
Estimated based on Homebuilding stock value as of March 6, 2026
0% (24h)
Age
75
Source
Homebuilding
Industry
Construction & Engineering
Citizenship
CANADA

Biography

Peter Gilgan, a Canadian business magnate, is the founder of Mattamy Homes, North America's largest privately held homebuilder. With a net worth of $7.1 billion, Gilgan built his fortune in the homebuilding industry. His career began after training as a chartered accountant. He founded Mattamy Homes in 1978 and has since overseen the construction of over 135,000 homes across Canada and the United States. Gilgan's dedication to philanthropy is evident through the Peter Gilgan Foundation, which supports various charitable causes.

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

Wealth Over Time

In-Depth Profile

Early Life

Peter Gilgan was born in Burlington, Ontario, in 1951. He grew up in a middle-class household with six siblings. His father worked as an electrician, and his mother raised the family. After graduating high school, Gilgan chose to train as a chartered accountant instead of attending university. He then worked for a bookkeeping company, where he enjoyed learning about various businesses.

Rise to Success

Inspired by his interest in homebuilding, Gilgan started his own venture. He purchased two pieces of land in his hometown and helped construct two houses. The success of this venture led to the founding of Mattamy Homes in 1978, named after his two eldest children, Matt and Amy. Gilgan focused on building planned communities, constructing over 135,000 homes since 1978.

Key Business Strategies

Gilgan's business strategy involved creating communities where families could thrive. He focused on thoughtful planning, innovative approaches, and high-quality construction. He also prioritized making philanthropic contributions to various charities and organizations, including the founding of his own foundation.

Philanthropy

Gilgan is a dedicated philanthropist, with his foundation supporting high-impact charitable initiatives. His significant donations include $100 million to the Hospital for Sick Children in 2019, $105 million to Trillium Health Partners, and $60 million to St. Joseph's Health Centre in Toronto. His philanthropic efforts also extend to climate solutions and educational opportunities.

Career Milestones

1978

Founded Mattamy Homes

Established Mattamy Homes, which grew to become North America's largest privately-owned homebuilder.

2007

Canada's Entrepreneur of the Year

Received the title for outstanding business practices.

2013

Inducted into the Canadian Business Hall of Fame

Recognized for achievements and contributions to Canada's economy and society.

2013

Officer of the Order of Canada

Awarded for leadership in construction and philanthropy.

2016

Doctorate of Laws

Received a doctorate of laws from Toronto Metropolitan University.

2018

Founded Mattamy Asset Management

Created Mattamy Asset Management Inc. to build a diverse portfolio of investments and businesses.

2025

King Charles III Coronation Medal

Awarded for significant contributions to Canada.

2024

Canadian Club Toronto Lifetime Achievement Award

Awarded for his lifelong efforts and leadership.

Philanthropy & Social Impact

Healthcare

Trillium Health Partners

$105M

Largest donation in Canadian history to a hospital, to build the Peter Gilgan Mississauga Hospital.

Healthcare

The Hospital for Sick Children (SickKids)

$100M

Donation to The Hospital for Sick Children.

Healthcare

St. Joseph's Health Centre

$60M

Donation to St. Joseph's Health Centre in Toronto

Healthcare

Princess Margaret Cancer Foundation

$50M

Gift towards early cancer detection research.

Environmental

Climate Solutions

$100M

Donation for climate solutions

Education

Toronto Metropolitan University (TMU)

$15M

Gift for the revitalization of historic Maple Leaf Gardens as the Mattamy Athletic Centre.

Business Philosophy & Leadership

Notable Quotes

"My dream has always been to create places where families can experience the best life has to offer by thoughtfully planning homes and communities that suit the way they really live"

Leadership Principles

Community Building

Emphasizing the importance of community in all his ventures.

Philanthropy

A commitment to giving back and supporting others.

Innovation

Pioneering innovative approaches and new standards in the construction industry.

Controversies & Challenges

2020

Criticism of Philanthropic Influence

Criticism regarding potential influence on public policy through large donations to various organizations.