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Terence (Terry) Matthews

Terence (Terry) Matthews

Terence (Terry) Matthews (#2560)

Global Rank #2560
Country Rank #68
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 #2,560
Country Rank #68
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
Last Refreshed 08 Sep 2026, 12:00 AM
Residence Ottawa, 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.

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)

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