BillionaireNet
Louie
Brandt Louie
Rank #2549
CANADAFashion & RetailDrugstores

Brandt Louie

Net Worth
$1.418B
0% (24h)
Brandt Louie, born July 5, 1943, is a prominent Canadian businessman and philanthropist. As of 2024, his estimated net worth is $1.4 billion USD. Louie is the Chairman and CEO of London Drugs Limited, a major drugstore chain in Western Canada. He also presides over H.Y. Louie Co. Limited, a grocery wholesale and retail distributor established by his grandfather in 1903. His career began after he graduated from the University of British Columbia in 1966 with a Bachelor of Commerce and later became a Chartered Accountant. Under his leadership, London Drugs has expanded, embodying innovation in retail, including the early adoption of in-store photofinishing and computer departments. He is recognized for his contributions to the community, including education and the arts.

The Full Dossier

Early Life

Brandt Channing Louie was born in Vancouver, British Columbia, on July 5, 1943. His grandfather, Hok Yat Louie, immigrated from China in 1896 and started a general store in Vancouver's Chinatown in 1903. Brandt earned a Bachelor of Commerce from the University of British Columbia (UBC) and became a Chartered Accountant.

Rise to Success

Louie joined his family's business, H.Y. Louie Co. Limited, in 1972, after practicing as a chartered accountant. He became Chairman and Chief Executive Officer of London Drugs in 1998. Under his leadership, London Drugs grew to become one of the largest drugstore chains in Canada.

Key Business Strategies

Louie has been instrumental in expanding London Drugs and H.Y. Louie Co. Limited. He has emphasized customer service and innovation, including introducing one-hour photofinishing labs and computer departments in the stores. His company is known for its commitment to the community.

Philanthropy

Brandt Louie is known for his philanthropic work and has served as chair of the Simon Fraser University Board of Governors and as Chancellor. He is a strong supporter of the arts and culture and is involved with the Vancouver Art Gallery and the Vancouver Symphony Orchestra. He established the Tong and Geraldine Louie Family Foundation and the London Drugs Foundation.

Career Timeline

1998

Chairman and CEO of London Drugs

Became Chairman and Chief Executive Officer of London Drugs.

1987

President of H.Y. Louie Co. Limited

Became President of H.Y. Louie Co. Limited.

1972

Joined H.Y. Louie Co. Limited

Joined the family business after practicing as a chartered accountant.

1969

Chartered Accountant

Became a Chartered Accountant.

1966

Graduated from UBC

Earned a Bachelor of Commerce degree from the University of British Columbia.

Philanthropic Impact

Education, Healthcare, ArtsUndisclosed

Tong and Geraldine Louie Family Foundation

Focuses on education, healthcare, the arts, and anti-racism initiatives

CommunityUndisclosed

London Drugs Foundation

Supports various community initiatives

Wealth Trajectory