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Jean Coutu Net Worth

Jean Coutu Net Worth

Net Worth: $1.84 Billion

  • Source of Wealth Pharmacy, Health
  • Birth Place Montreal, Quebec, Canada
  • Marital Status Married
  • Full Name Jean Coutu
  • Nationality Canada
  • Date of Birth May 29, 1927
  • Ethnicity Caucasian
  • Occupation Pharmacist, Businessman
  • Education Université de Montréal
  • Children 5
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About Jean Coutu

Canadian businessman and pharmacist Jean Coutu has an estimated net worth amounting to $1.84 billion in April 2016 according to Forbes.

Born on May 29, 1927 in Montreal, Quebec, Canada, this 85-year old businessman is known to be the Chairman and founder of the largest pharmacy chains in North America, the Jean Coutu Group. Jean Coutu Group was founded in 1969.

After selling its Brooks and Eckerd brands to Rite Aid in 2006 for $3.4 billion, Jean Coutu Group became the largest shareholder of Rite Aid. Jean Coutu’s son, Michel, took over as the Co-Chairman of the board later on.

Coutu was named by Forbes Magazine as the 938th richest person in the world in 2012, and at the same time, he is the 22nd wealthiest person in Canada.