Arthur Irving

OC ONB
Born
Arthur Lee Irving

1930 (age 92–93)
Saint John, New Brunswick, Canada
EducationAcadia University
Occupation(s)Owner, Irving Oil
SpouseSandra Ring
Children5, including Sarah Irving
ParentK.C. Irving
RelativesJames K. Irving (brother)

Arthur Lee Irving OC ONB (born 1930) is a Canadian billionaire businessman, the second son of industrialist K.C. Irving of the Irving family. He is the sole owner, through the Arthur Irving Family Trust, of Irving Oil Ltd. As of June 2022, his net worth was estimated at US$4.2 billion.[1]

Early and personal life

Irving was born in 1930 in Saint John, New Brunswick, Canada, the second son of industrialist K.C. Irving.[2] He was educated at Lakefield College School and Acadia University.[2] Irving is married, with five children, and lives in Saint John, New Brunswick, Canada.[1]

Business interests

Following their father's death in 1992, ownership and responsibility for the Irving companies was divided as follows:

  • Arthur - ownership and responsibility for Irving Oil, its retail stores, oil refineries, oil tankers and distribution terminals and other facilities.
  • J.K. - ownership and responsibility for J.D. Irving, the conglomerate which has interests in forestry, pulp and paper, tissue, building supplies, frozen food, transportation, shipping lines, and shipbuilding among others.
  • Jack - ownership and responsibility for construction, engineering and steel fabrication companies. Died in July 2010 at the age of 78.[3] Succeeded by eldest son, John K. F. Irving.

All companies within the Irving conglomerate are vertically integrated and buy services and products of other Irving-owned companies, thereby maintaining profits within their operations.

Activities and awards

Irving served as Chancellor of Acadia University in Wolfville, Nova Scotia from 1996 to 2010, where he established the K.C. Irving Environmental Science Centre.[4] In 2016, Dartmouth accepted $80 million from the Irving family to set up the Arthur L. Irving Institute for Energy and Society.[5][2]

In 2002, he was made an Officer of the Order of Canada and in 2012 he was made a member of the Order of New Brunswick.[6] In 2008, along with his brothers he was inducted into the Canadian Business Hall of Fame.

See also

References

  1. 1 2 "Forbes profile: Arthur Irving". Forbes. Retrieved 29 June 2022.
  2. 1 2 3 "About the Donors - The Arthur L. Irving Institute for Energy and Society". irving.dartmouth.edu. Archived from the original on 30 September 2017. Retrieved 29 June 2018.
  3. ↑ "James Irving". Forbes. Retrieved 29 June 2018.
  4. ↑ Acadiau.Ca Archived 2007-06-07 at the Wayback Machine
  5. ↑ "Announcing the Arthur L. Irving Institute for Energy and Society - Dartmouth News". news.dartmouth.edu. Retrieved 29 June 2018.
  6. ↑ "2012 Order of New Brunswick recipients".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.