BillionaireNet
Cockwell
J
Rank #1099
CANADAreal-estateReal estate, private equity

Jack Cockwell

Net Worth
$3.679B
+0.6% (24h)
Jack Cockwell is a prominent Canadian financier and dealmaker, ranked #1033 globally. Born in South Africa, he is known for his expertise in real estate and private equity. Cockwell's career began by overseeing the complex inheritance of the Bronfman brothers. Over several decades, his leadership helped build Brookfield Asset Management into a global financial powerhouse. As of 2024, his net worth is estimated at $3.8 billion, and his wealth stems from his significant stake in Brookfield shares. He has also been involved in philanthropy, donating to institutions like Toronto Metropolitan University and championing environmental causes.

The Full Dossier

Early Life and Education

Jack Lynn Cockwell was born on January 12, 1941, in East London, South Africa. He graduated from Selborne College in 1958 and later earned a Bachelor of Commerce degree from the University of Cape Town in 1964, followed by a Master of Commerce degree in 1966.

Rise to Success

Cockwell's career took off in 1969 when he became a financial advisor to the Bronfman brothers. He became a pivotal figure in the expansion of the Bronfmans' Edper conglomerate, acquiring significant holdings in real estate, forestry, and mining. He orchestrated the merger of Edper and Brascan to form Brookfield Corporation in 1997 and served as President and CEO of Brookfield from 1991 until 2002. He is a shareholder of Partners Ltd, a private company that holds a majority voting share of Brookfield.

Key Business Strategies

Cockwell's strategic vision led to Brookfield's expansion into diverse sectors, including real estate, infrastructure, and private equity. He steered Brookfield to invest in utilities, transportation, renewable energy, and social infrastructure. He is known for his rigorous approach to investment and commitment to corporate governance, implementing robust frameworks to drive sustainable growth.

Philanthropy

Cockwell is committed to philanthropy and actively supports education, healthcare, and the arts. The Cockwell family has donated over $75 million to Toronto Metropolitan University. He also pledged $3 million to the Trans Canada Trail.

Career Timeline

2002

Retired as CEO

Retired as president and chief executive officer of Brookfield, though he remains a director.

1997

Orchestrated Merger

Orchestrated the merger of Edper and Brascan to form Brookfield Corporation.

1991

President and CEO

Became President and CEO of Brookfield.

1979

Executive Vice-President

Became Executive Vice-President of Brascan.

1969

Financial Advisor

Joined the Bronfman brothers as a financial advisor.

Philanthropic Impact

Education$5M

Daphne Cockwell School of Nursing

Donated to Ryerson University's nursing school, renamed in honor of his mother.

Environmental Conservation$3M

Trans Canada Trail

Pledged to the Trans Canada Trail.

Education$28M+

Brookfield Institute for Innovation and Entrepreneurship

Funding groundbreaking research and serving as a source of policy expertise at Toronto Metropolitan University.

Wealth Trajectory