The Reichmann family is a Jewish-Canadian family best known for their property empire built through the Olympia and York company.
At the family's peak, their combined wealth was estimated at $13 billion making them the fourth-richest family in the world.[1] The family's fortunes eventually waned, particularly with the ill-fated Canary Wharf development, which saw the family business file for bankruptcy in 1992 with debts of $20 billion. The family's wealth partially recovered, reaching roughly $2.3 billion in 2018.[2]
History
The Reichman(n)s were originally from the small town of Beled, Hungary, but the ambitious Samuel Reichmann moved the family to Vienna, Austria, in 1928 where he became a successful merchant.[3] He and his wife Renée had six children: