Stephen Smith

Stephen Smith (#571)

Global Rank #571

Country Rank #17

Country Canada

Stephen Smith is listed among the world billionaires tracked by Iconic Billionaires.

$ 7 B
Finance and investments
Canada
M
75 Years

Snapshot

Quick Facts

Global Rank #571

Country Rank #17

Net Worth $6.9B

Previous Worth $6.9B

Worth Change +$0.0B

Country Canada

Industry Finance and investments

Age 75 Years

Gender M

Worth As Of May 3, 2026

Residence Toronto, Canada

Citizenship Canada

World Billionaires List Canada Billionaires Finance and investments

Profile Data

Personal Stats

Age 75

Source Of Wealth Finance and investments, Self Made

Residence Toronto, Canada

Citizenship Canada

Marital Status Married

Children 3

Education Bachelor of Science in Engineering, Queens University

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $6.9B

Current Net Worth $6.9B

Worth as of May 3, 2026

About Me

Stephen Smith is a Canadian financial services magnate. Smith cofounded mortgage lender First National Financial in 1988, just four years after being personally bankrupt. 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.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Stephen Smith.

#567

Billionaires (2026)

Insights

Did You Know?

Smith has passed his love of heli-skiing onto his three adult children.

An electrical engineer by education, Smith programmed code that is still used today by First National's mortgage approval and tracking system, Merlin.

Wealth Growth

Net Worth Growth Over Time

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

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $6.9B (May 3, 2026)