Most of his business is in the United States. The lawyer for Zekelman Industries declined to comment. Barry Zekelman's corporate empire and family - including his wife and brother - also made at least US$2.6-million in contributions to American politicians and political campaigns over decades. North America's largest steel-tube manufacturer run by Canadian billionaire Barry Zekelman. Zekelman, who owns steel operations on both sides of the border, was an outspoken supporter of the tariffs. The latest Baseball Hall of Famer? His assets include Western Tube Hayes Modular, a large yacht named MAN OF STEEL, a business jet, and a large real estate portfolio. It is the southernmost city in Canada and is known for its rich history, cultural diversity, and thriving automotive industry. He described his experience as difficult but exciting: In 1986 after my father died and my brother and I went to help the business, Atlas was not in great shape. So they listed with him in May because he could market it in Toronto, Windsor and beyond Ontarios borders. It's not as if hes somebody of stature like, oh, say, Barry Bonds or Roger Clemens. The yacht is powered by 2 MTU engines. The next issue of Windsor Star Headline News will soon be in your inbox. It really feels like youre in the Mediterranean.. Both companies, controlled by Barry Zekelman, chief executive officer of Zekelman Industries, have reached a settlement with the FEC for the companies to pay a $975,000 fine for illegally. The donation represents the lead gift toward the Holocaust Memorial Center's $100 million Comprehensive Campaign. They own Atlas Tube, a steel tubing manufacturer in Canada and the US. Please mention SuperYachtFan when using this information. At the cutting edge of technology and Art, LG electronics had a particularly innovative installation at Frieze LA, featuring Digital and NFT work by artist Barry X Ball, whose sculpture sit at the intersection of traditional sculpture and technology. His grandparents were killed in the Holocaust, and his parents were Holocaust survivors. Indeed, just down the road Barry and Stephanie Zekelman are in the starting stages of a lakefront mansion thats expected to outshine any other, and there are other homes nearby that would probably be at least as expensive as the Matlock property, Matlock said. . Congratulations to Barry Zekelman, our Executive Chairman and CEO, for being inducted into the National Association of Steel Pipe Distributors Liked by Mickey McNamara We are advancing. Billionaire film director Steven Spielberg has sold his superyacht Seven Seas for 130 million ($150 million) to billionaire steel baron Barry Zekelman. Sen. Catherine Cortez Masto (D-Nev.) is calling on the Federal Elections Commission (FEC) to end its policy of providing refunds to donors who make illegal campaign contributions. The Mediterranean-style mansioncomes with nine bedroom suites and two lofts, all with private patios or balconies. It is one of the most advanced and capable business jets on the market, known for its speed, comfort, and versatility.The G550 has a range of 6,750 nautical miles (12,501 km), which allows it to fly non-stop on long-haul routes such as New York to Hong Kong. ChatGPT: The Weirdest Things People Ask AI To Solve, The Phone That Can Fully Charge In 5 Minutes, Reports: Barry Trotz To Succeed Retiring David Poile As Nashville Predators GM, GeForce Now Ultimate Turns Macs Into Great Gaming Machines, Barry X Ball + LG: At The Cutting Edge Of Frieze LA. Barry Zekelman took over his family's steel business at age 19 and has since grown it into one of North America's largest steel pipe and tube makers. Most of his business is in the United States. What started as a yacht spotter hobby, turned into a fast-growing yachting site with thousands of unique daily visitors. He is the owner of the Oceanco yacht Man of Steel. The couple also owns a 50 foot catamaran speedboat named Outerlimits. It has five fireplaces, nine washrooms, two kitchens, a 1,625-square-foot garage tucked unobtrusively into the side, a jet ski lift on the dock and a huge covered terrace. Please try again. By CB Staff Zekelmans net worth has been estimated at 3.46 billion, making him the 24th richest person in Canada. Today, Barry Zekelman leads the largest independent steel pipe and tube manufacturer in North America with sales in excess of $5 billion. Barry Zekelman, chair and CEO of Zekelman Industries, said his family has "always been impressed by the positive and lasting impact the Holocaust Memorial Center has had on millions of lives. She has a crew of 26. The settlement agreement, released on Friday,states the FECdid not find the violation was "knowing or wilful.". Who Is Barry Silbert, The Former Crypto Billionaire That Cameron Winklevoss Is Accusing Of Accounting Fraud? Bob Hassett, a real estate agent representing the seller calls the community "the Beverly Hills of Arizona.". On days off, he likes to race his Ferrari. Mr. Zekelman, in a settlement deal that his lawyer signed in late March but that was finalized on Friday, also agreed to ask America First Action, which helped support Mr. Trump's 2020 election. Companies controlled by Barry Zekelman a Canadian billionaire and the CEO, chair and owner of Zekelman Industries agreed to pay $975,000 to close an investigation by the FEC into $1.75. On the other hand where theres smoke, there is fire ;-). Attachments zuperman1.JPG 2023 Windsor Star, a division of Postmedia Network Inc. All rights reserved. December 24, 2015. (Actually, it is closer to Detroit, USA. Decade after decade, we've remained committed to our customers and end users. Steven Spielberg has sold his superyacht, Seven Seas, after listing it earlier this year for $158 million. We apologize, but this video has failed to load. He sold the company to the Carlyle Group in. I wasnt expecting it, quality wise, and of course being on the water is a bonus.. Zekelman Industries is a family of companies, 100% domestic manufacturers. ", Related by financial asset: Zekelman Industries, Here are some of the strangest things people have asked a ChatGPT chatbot to answer, Twitter appears to be suffering a partial outage, with Twitter timelines appearing blank on the website, Demo shows a 300W charger topping up Xiaomi's Redmi Note 12+ Pro in just under five minutes, Lenovo unveils the ThinkPad Z13 Gen2, which has a cover partially constructed from woven flax. Lloyd Foxof Long Realty's TheFox Group worked with the buyer.Bel Sogno Estate LLC, led by Marcia Rowley, co-founder of International Cruise & Excursions Inc., sold the home.Via Ventosa Scottsdale LLC, led by orthopedic surgeon Blake Stamper, bought theestate, according to public real-estate records. It's the second-highest price ever paid for an Arizona home: $13.7 million. CHICAGO, May 28, 2021 /PRNewswire/ -- Zekelman Industries is excited to announce plans to build a fully automated warehouse at its Wheatland Tube facility in Warren, Ohio. He has also supported political causes and candidates in both the United States and Canada. Barry Zekelman - $2.78 billion Barry currently serves as the President, Chairman and CEO of Zekelman Industries, the family steel and pipes business. She started four years ago by buying two properties for a total of $1.7 million and demolishing the homes to create her a building site with almost 200 feet of unobstructed lakefront. A trusted Simon School advisor, Zekelman has served on the Executive Advisory Committee since 2010. The director, co-writer, and co-producer's culture clash romantic comedy is also a love letter to LA. Theres a refined elegance to the outside and inside, with solid walnut paneling and flooring, imported limestone, marble and granite. Windsor is a city located in southwestern Ontario, Canada, on the southern shore of the Detroit River, across from the city of Detroit, Michigan in the United States. [9][10] Barry Zekelman dined with Donald Trump at a private Trump Hotel DC dinner by America First Action. Zekelman later praised the president for his policies. The Zekelman Foundation has agreed to partner as the Platinum sponsor, giving them naming rights of the housing initiative. [1], Atlas Tube was founded in 1984 by Harry Zekelman. Windsor Police Service issued a public alert on Sunday following a series of concerning crimes in an area east of Lauzon Parkway on the citys east end. According to theNew York Times,Zekelmanand his wife were invited to a private dinner with Trumpafter the donations were made. The city is also known for its proximity to Detroit, which has had a strong influence on Windsors music, art, and culinary scenes. (TYLER BROWNBRIDGE/The Windsor Star), Incident under investigation in downtown Windsor, Windsor police issue crime alert in area on city's east end, Lakeshore residents facing 3.75 per cent tax hike, Riverside Drive mansion for sale a 'work of art', Lakeshore breaks ground on new wastewater plant expansion, easing capacity woes, tap here to see other videos from our team, Unlimited online access to articles from across Canada with one account, Get exclusive access to the Windsor Star ePaper, an electronic replica of the print edition that you can share, download and comment on, Enjoy insights and behind-the-scenes analysis from our award-winning journalists, Support local journalists and the next generation of journalists, Daily puzzles including the New York Times Crossword, Access articles from across Canada with one account, Share your thoughts and join the conversation in the comments, Get email updates from your favourite authors. Barry Zekelan was just 19 when his father, Harry died. In addition to his role at Zekelman Industries, Barry Zekelman is known for his philanthropic activities. [9][2] He also has owned several superyachts named Man of Steel; he previously owned a 2005 36.8m (121ft) Heesen 3700 named Man of Steel. The Zekelman family gained majority control of JMC last year. The Canadian CEO of steel-tube manufacturer Zekelman Industries, Zekelman has a significant stake in the Trump administration's policies on steel importsand he and his company have spent millions of dollars to advance those interests. Three Canadian billionaires currently on the real-time Forbes list (Barry Zekelman, Clayton Zekelman, and Alan Zekelman) were not on the annual list in 2019. Audience Relations, CBC P.O. We spend a lot of team researching and deeply investigating yacht ownership structures. The $23-million expansion will feature classrooms, student study areas, meeting rooms and . He was the owner of a Gulfstream G550 private jet, with registration N501ZK. Since then, he has grown it into one of the largest North America's steel pipe and tube makers. Copyright 2023 United Press International, Inc. All Rights Reserved. He sold the company to the Carlyle Group in 2006 for some $1.2 billion, but continued to help run it. They also own a vacation home in the Caribbean. pic.twitter.com/Gl9kNSjttV. HARROW, Ontario Barry Zekelman, a Canadian billionaire whose business is mostly in the United States, is not a guy who likes to lose or go slow. They moor their 50-foot twin-turbine-powered 200 mph catamaran speedboat, Outerlimits, at their home on the Ontario side of Lake St. Clair, across from Detroit. Visit our Community Guidelines for more information and details on how to adjust your email settings. Cortez Masto points to an instance when Barry Zekelman, a Canada-based steel industry magnate, illegally helped funnel $1.75 million in his company's money to a pro-Trump super PAC, America. They just havent been listed as yet, so were the first one up on the chopping block, as it were.. Heres what you need to know about Barry Zekelman: The New York Times reported that last year, Zekelman and his wife took part in a small dinner with President Trump and his eldest son, Donald Trump Jr. Zekelman told the Times that they had talked about quotas that the United States was planning to impose on steel imports from South Korea. Canadian steel magnateBarry Zekelmanand his companieshave been fined about $1.2 million Cdn ($975,000 US) for $2.2 million ($1.75 million) in contributions to a political committee that supports former U.S. president Donald Trump and candidates aligned with his agenda. Where does Barry Zekelman live? (Actually, it is closer to Detroit, USA. (Photo by Emma McIntyre/Getty Images), National Marine Manufacturers Association, Steven Spielbergs Superyacht Sold After $158 Million Listing, Steven Spielberg Sells His 282-Foot Yacht, Most Recently Asking 131 Million. Its a recently-built masterpiece of design and quality, according to the Toronto-based realtor who has the listing, Robert Pettigrew. The views, especially from the second floor, are unparalleled. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. This York University drop out is no slouch in the boardroom either. The propertyissouth ofPinnacle Peak and west of the McDowell Mountains. Please note that CBC does not endorse the opinions expressed in comments. He made headlines when he was captured on a secret recording of a 2018 Trump donor dinner, bending the president's ear about the steel business. Net worth ( USD) Industry. Barry Zekelman's fine is the third-largest ever levied by the U.S. Federal Election Commission, according to Campaign Legal Center, which filed the complaint three years ago Author of the article . A 25,000-square-foot mansion located on almost seven acres in north Scottsdale was sold Monday. After his father's death in 1986, Zekelman and his brothers, Barry and Clayton, managed operations at Atlas Tube. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. They owned a large house there, which they sold a few years ago. "We applaud the FEC for doing its job. This site is for entertainment purposes only. Lakeshore town council approved a draft budget Monday containing a 3.75 per cent tax increase that translates into an average rise of $66 per year on the municipal portion of the property tax bill. Zekelman subsidiaries and locations include:[8], Zekelman Industries provides steel tubing to the US-Mexico border wall. The Zekelman Centre of Business and Information Technology at St. Clair College was officially opened on Wednesday, July 27, 2022. The Zekelman family runs the largest independent steel tube manufacturer in North America, and they want everyone to know it: Last year the clan changed the name of the company from JMC Steel Group to Zekelman Industries, Inc. St. Clair College is growing again, with a new Zekelman Centre of Business and Information Technology at the school's Windsor campus. Name. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Often actual yacht ownership by the private individuals mentioned can not be confirmed, at least from a legal point of view. With thousands of daily visitors and a strong growth rate, The details about yacht ownership as stated on this site and in our Yacht Owners Register are, The content of this website and all associated media are subject to. Canadian steel magnate Barry Zekelman and his companies have been fined the equivalent of $1.2 million Cdn ($975,000 US) over a $2.2-million ($1.75-million) donation to an organization set up. We ask you to keep your comments relevant and respectful. The aircraft is equipped with a suite of advanced navigation and communication systems, as well as a number of safety features, including an enhanced vision system, a traffic collision avoidance system, and an automatic dependent surveillance-broadcast (ADS-B) system.In addition to its performance and capabilities, the G 550 is also renowned for its comfort and luxury. 'They have stalled and blown this big time,' Barry Zekelman told MPs this week. It was sold and renamed Inception. It is equipped with two Rolls-Royce engines and a spacious and luxurious cabin that can accommodate up to 19 passengers.The G550 is known for its advanced avionics and flight deck, which provides the pilot with a high level of situational awareness and control. Barry Zekelman broke campaign finance law by helping direct the contributions from Wheatland Tube, a U.S.-based company he controls, to Super PAC America First Action in 2018, the Federal Election . He sold the company to the Carlyle Group in 2006 for some $1.2 billion, but continued to help run it. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Barsky was named CEO in 2012, two years after the museum opened a new $150 million building. Barry M Zekelman is Chairman/CEO at Zekelman Industries Inc. We encountered an issue signing you up. [3][4][2][5][6] DBO/Carlyle and NLMK settled their lawsuit in 2009, with NLMK paying $234 million.[7]. Comments are welcome while open. The company has manufacturing facilities in the United States and Canada, and produces a range of steel products for various industries, including construction, energy, and infrastructure. We reserve the right to publish any information submitted to us. They also own several luxurious vacation homes outside of Canada. Here's what you need to know. Since buying his first house on Elm Grove Drive in 1997, Zekelman has been fixing up the area at his own cost. We realize the most organic search traffic of all known yachting websites. They owned a large house there, which they sold a few years ago. Its definitely a business venture, but if I never made a penny off it and cured cancer, Id be ecstatic, he told the Windsor Star in 2016. var richData = {"name":"Zekelman Family","assets":{"private":77,"other":23,},"rankings":[{"year":"2018","rank":"24","netWorth":"3460000000",},{"year":"2017","rank":"45","netWorth":"2120000000",},{"year":"2016","rank":"37","netWorth":"2460000000",},{"year":"2015","rank":"20","netWorth":"3100000000",},{"year":"2014","rank":"21","netWorth":"2910000000",},{"year":"2013","rank":"19","netWorth":"2750000000",},{"year":"2012","rank":"20","netWorth":"2620000000",},{"year":"2011","rank":"17","netWorth":"2590000000",},]}. Representatives for Spielberg and Zekelman have yet to respond to Forbes request for comment. Barry Zekelman: We definitely are, we have 15 plants in the US making steel tubing, one in Canada. We are active on social media including Facebook, Instagram, YouTube, Twitter, and TikTok.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'superyachtfan_com-large-mobile-banner-1','ezslot_9',176,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-large-mobile-banner-1-0'); The details about yacht ownership as stated on this site and in our Yacht Owners Register are sometimes based on rumors. Bob Hassett ofRuss Lyon Sotheby's had the listing for the home. He replaced this with a steel-hulled 50m (160ft) Heesen in 2008, the largest they had built at the time. Sophisticated Waterfront Home in Windsor, Canada - YouTube 0:00 / 2:34 Sophisticated Waterfront Home in Windsor, Canada Sotheby's International Realty 396K subscribers Subscribe 4.3K 284K. There was an error, please provide a valid email address. Jun 9, 2010 Barry Zekelman, Windsor Billionaire. Changpeng Zhao. Zekelman and his companies argued the contributions were made in good faith and on the understanding that they were permitted. The public was asked to avoid the area of Ouellette Avenue and Riverside Drive East due to what Windsor police described as an active investigation in the middle of the day on Tuesday. "It's just a vacation home. Zekelman and his brothers inherited Atlas Tube when their father died in 1986. That's how we've grown. The firm churns out more than 2.5 million tonnes of steel products each yearprimarily pipes, large structural steel elements and electrical conduits used in construction. Zekelman and his brother took over the company from his father after his fathers death. The sale was first reported by Mansion Global Tuesday, while Bloomberg first reported Friday afternoon that a Zekelman-owned firm was behind the purchase. Reflects change since 5 pm ET of prior trading day. The 83,000-square foot . Thats whats happening in this case. Zekelman has owned many yachts all named Man of Steel, including two Heesen yachts. Outerlimits 48 ft cat with twin 1800hp helicopter jet turbines. They built an amazing and very large new home next to it. A section of the centre is shown. 1163, Modena, Italy, Companies' Register of Modena, VAT and Tax number 00159560366 and share capital of Euro 20,260,000