Stephen Smith

Stephen Smith

Stephen Smith (#568)

  • $ 7 B
  • Finance and investments
  • Canada
  • M
  • 74 Years

About Me

Stephen Smith is the founder and executive chairman of Canadian mortgage lender First National Financial. Smith launched the company in 1988, just four years after being personally bankrupt, and took it public in 2006. He also owns about half of Canada Guaranty Mortgage Insurance Company and a stake in publicly traded Canadian bank EQB. He acquired lender Home Trust for more than $1.2 billion in 2023 and merged it with Fairstone Bank of Canada in early 2025. Smith has donated more than $100 million to Queen's University, where the business school is named after him.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Stephen Smith’s rise and global influence.

  • #605   Billionaires (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Stephen Smith’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $7.0B (February 5, 2026)