Bernard Sherman
Net worth ($BIL): 3.31 Age: 69
2011 Rank: 10 2010 Rank: 7

Profile

City: Toronto Industries: Pharmaceuticals
Province: ON Companies: Apotex Group of Cos.
A patented approach: Sherman has spent a lot of time dealing with legal matters since he founded Apotex, the country's largest generic-drug manufacturer, in 1973. Sherman recently estimated he doles out more on legal fees than anyone else in Canada?a hefty sum of US$100 million per year. But that's the nature of the pharmaceutical business: Apotex is constantly defending and challenging patents for the right to produce certain drugs. Sherman is a tenacious and aggressive player, which is why some in the industry call him "the Shark."

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