BillionaireNet
Edwards
N. Murray Edwards
Rank #1107
CANADAEnergyOil & gas

N. Murray Edwards

Net Worth
$3.661B
-0.61% (24h)
N. Murray Edwards is a prominent Canadian businessman, oil sands financier, and investor. Born on December 10, 1959, Edwards has built a substantial fortune through his strategic investments in the oil and gas industry, particularly in Canadian oil sands. His wealth source primarily stems from his significant stakes in Canadian Natural Resources Limited (CNRL), where he serves as a leading investor and executive. A University of Saskatchewan and University of Toronto alumnus, Edwards' career has been marked by his leadership and strategic acumen in the energy sector. As of 2024, his net worth is estimated at $3.7 billion, positioning him as a key figure in Canada's business landscape.

The Full Dossier

Early Life

Norman Murray Edwards was born in Regina, Saskatchewan, Canada, on December 10, 1959. He grew up in Regina, the grandson of English and Welsh immigrants and homesteaders. Edwards showed an early interest in hockey, working as a referee while in high school. He was also drawn to politics and public affairs, attending high school conferences on government and policy.

Rise to Success

Edwards graduated from the University of Saskatchewan with a Bachelor of Commerce (great distinction) and obtained an LL.B from the University of Toronto with honors in 1983. After graduating with a law degree, he began his career in Calgary. He later transitioned into business at age 28, and started a merchant bank. Edwards has launched several major Canadian companies, including Canadian Natural Resources Ltd (CNRL), Ensign Energy Services Inc., and Magellan Aerospace Corporation. His investments in the Canadian oil sands have been a driving force behind his success.

Key Business Strategies

Edwards' career highlights include significant financial interests in the Canadian oil sands through Canadian Natural Resources Ltd. He is a leading investor and executive at CNRL. Under his leadership, Canadian Natural Resources has been a major player in developing Canada's natural resources and plans to invest billions in converting bitumen-bearing sand into crude oil. Edwards also heads the Calgary Sports and Entertainment Corporation (CSEC), which manages Calgary's Scotiabank Saddledome and owns several sports teams, including the Calgary Flames.

Philanthropy

Edwards is known for his philanthropy. His generous support led to the renaming of the College of Commerce at the University of Saskatchewan to the N. Murray Edwards School of Business.

Career Timeline

2013

Appointed Member of the Order of Canada

Recognized for his contributions to Canadian business.

2000

Offshore Activities

Began offshore activities.

1989

Founded Canadian Natural Resources Ltd

Began operations in the gas basins of Alberta.

1983

Graduated with honors

Obtained an LL.B from the University of Toronto.

Philanthropic Impact

Education$X

N. Murray Edwards School of Business

Significant contribution to the University of Saskatchewan, leading to the renaming of the College of Commerce.

Wealth Trajectory