Arthur Irving
Profile
Arthur Irving is the 2nd son of K.C. Irving, an industrialist in Canada. According to Forbes, Arthur has a net worth of around $5.4 billion, and ranked as the 4th richest person in Canada. Born in 1930, he inherited Irving Oil after his father’s death, gaining responsibility to operate its oil refinery, retail stores, terminal facilities and distribution. Since 1972, Arthur had been the President, Director and Chairman of Oil Limited, and also the President of the Irving Oil Corporation. Since 1996, he has been serving as Acadia University’s Chancellor in Wolfville. In 2002, he was made the Officer of Order of Canada, and has also been involved in Ducks Limited. He has also contributed towards establishment of K.C. Irving Environmental Center in the Acadia University. In 2012, he became member of the Order of New Brunswick.
Ownership and Operations
Irving is the owner of Irving Oil, under which he operated over 900 gas stations not only in Canada, but also in north-eastern US. He also owns the largest oil refinery in Canada. His brother, James Irving, also a billionaire, owns J.D. Irving Ltd., a Canadian conglomerate that operates numerous companies in different industries, including shipping, timber, transportation, frozen foods and many more.
He is a 3rd generation member of the Irving family, the roots of which date back to 19th century in Canada. His great grandfather James Dergavel Irving (J.D. Irving) immigrated to Canada from Scotland, and laid foundations for this business empire. Initially, the company started with operations in lumber, general stores, and ownership of three farms. Kenneth Colin Irving, his son, added to the business by founding oil operations of the company in 1920s. After the death of K.C. Irving, the assets were divided among his children, with each member taking responsibility of operating one of the businesses.
Kenneth, the eldest son of Arthur Irving, runs the operations side of the Irving empire’s energy division, and has organized some of the very innovative and lucrative projects under his operation, including the liquid natural gas expansion project of the company. However, he developed rift with his father on issue of allocating a trust between his siblings. In 2010, he left the company due to health issues. Arthur Leigh is the 2nd son of Irving, who has a senior marketing job in Irving Oil, though he has a less noticeable contribution towards the company. Arthur Irving has three daughters, Jennifer, Sarah and Emily, none of whom are involved in their family business.
Since acquiring the family business, Arthur had managed, operated and expanded it on a global level. Today, his sons are involved in the running of the business, and are continually making efforts to expand and prosper. On the other hand, Arthur Irving is focusing on charitable activities, and leading a peaceful retired life with his wife.
Personal Life
David M. Consunji, a prominent Filipino engineer and founder of DMCI Holdings, passed away on September 4, 2017, at the age of 95. The specific cause of his death was not publicly disclosed. At the time of his passing, he was surrounded by close family members.
Consunji's remains were laid at the Capilla de San Francisco of Santuario de San Antonio Parish in Makati City, with public viewing allowed until September 8, 2017. The interment took place on September 9, 2017, at the Heritage Memorial Park in Taguig City, following a mass at the same parish. In lieu of flowers, the family requested donations to the UP Engineering Research and Development Foundation, Inc. and the Orani Suhay Foundation, Inc., reflecting Consunji's commitment to education and community development.
Known as the "Dean of Builders," Consunji's legacy includes landmark projects such as the Cultural Center of the Philippines. He was recognized as the sixth richest Filipino by Forbes in 2017, with an estimated net worth of $3.68 billion. His passing marked the end of an era in the Philippine construction industry, leaving behind a lasting impact through his contributions to infrastructure and business.
Death
Arthur L. Irving, the esteemed Canadian businessman and former president of Irving Oil, passed away on May 13, 2024, at the age of 93. He died at Massachusetts General Hospital in Boston after a prolonged battle with cancer, surrounded by his wife, Sandra, and daughter, Sarah.
Born on July 14, 1930, in Saint John, New Brunswick, Arthur Irving was the second son of industrialist K.C. Irving. He joined the family business in 1951 and became president of Irving Oil in 1972. Under his leadership, the company expanded significantly, including the operation of Canada's largest refinery in Saint John and the Whitegate refinery in Ireland.
At the time of his death, Forbes estimated his net worth at approximately US$6.4 billion, ranking him among Canada's top ten wealthiest individuals. Irving's passing marks the end of an era for the Irving family and their extensive business empire, leaving a lasting legacy in Canada's industrial landscape.
Awards
- 2019
-
Paul Harris Fellowship honoured by Rotary International
- 2013
-
Canadian Red Cross Humanitarian Award
- 2002
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Officer of the Order of Canada
Arthur Irving Biography
- Full Name :
- Arthur L. Irving
- Born :
- 6th-Jan -1930
- Zodiac Sign :
- Capricorn
- Birth Place :
- New Brunswick
- Education :
- Acadia University Wolfville
- Occupation :
- Entrepreneur , Businessman , Industrialist
- Industry :
- Business
- Networth :
- $ 6.4 Billion
