Bernard Barry Sherman is the CEO and chairman of Apotex, the biggest pharmaceutical company of Canada. The company is responsible for selling 89 million prescription drugs every year across 115 countries worldwide. He received his rocket science doctorate from MIT, and purchased his uncle’s pharmaceutical company using his mother’s savings. Sherman started this company in 1974 with only 5,000 square feet of area, and just 2 employees to work with. Today, he employs over 10,000 people, manufactures over 300 generic drugs, and is in the process of developing 600 more. Forbes ranked Sherman as the 7th richest person in Canada, and among 400 wealthiest people in the world.
Sherman was the youngest student to join the engineering science program of University of Toronto at the age of 16. He received highest honors in his Engineering science graduation, and the Governor General’s award of the university for his thesis. He then obtained his doctoral degree at MIT. While studying, Sherman used to work for Louis Lloyd Winter, his uncle, at Empire Labs., his drugs company. While Louis frequently had to travel away, Sherman used to watch over his company’s operations. The experience he gained while working like this laid the foundation for developing Apotex Inc., his generic pharmaceutical company.