Terence (Terry) Matthews

Terence (Terry) Matthews (#2553)

Global Rank #2553

Country Rank #69

Country Canada

Terence (Terry) Matthews is listed among the world billionaires tracked by Iconic Billionaires.

$ 2 B
Telecom
Canada
M
83 Years

Snapshot

Quick Facts

Global Rank #2,553

Country Rank #69

Net Worth $1.6B

Previous Worth $1.6B

Worth Change +$0.0B

Country Canada

Industry Telecom

Age 83 Years

Gender M

Worth As Of May 4, 2026

Residence Ottawa, Canada

Citizenship Canada

World Billionaires List Canada Billionaires Telecom

Profile Data

Personal Stats

Age 83

Source Of Wealth Telecom, Self Made

Residence Ottawa, Canada

Citizenship Canada

Marital Status Married

Children 4

Education Bachelor of Arts/Science, University of Wales; Doctorate, Carleton College

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

Previous Net Worth $1.6B

Current Net Worth $1.6B

Worth as of May 4, 2026

About Me

A dual U.K. and Canadian citizen, Terence (Terry) Matthews made his fortune with telecom firms Mitel and Newbridge Networks. In 2018, he left his chairman role at Mitel, the company he co-founded with Michael Cowpland, after it was acquired for $2 billion. In 1986, Matthews founded data networking business Newbridge Networks before selling it to Alcatel in 2000 for $7.1 billion. He claims to have funded or founded more than 100 companies, many through his Ottawa-based investment firm Wesley Clover. A resident of Canada, his U.K. property portfolio includes Celtic Manor Resort, which hosted the 2010 Ryder Cup and 2014 NATO Summit.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Terence (Terry) Matthews.

#2481

Billionaires (2026)

Insights

Did You Know?

Matthews was knighted by Queen Elizabeth in 2001; the honor created a diplomatic incident in Canada, which does not allow its citizens to accept foreign titles.

Wealth Growth

Net Worth Growth Over Time

Tracking Terence (Terry) Matthews'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: $1.6B (May 4, 2026)