Seymour Schulich

{{Infobox person

| name = Seymour Schulich

| honorific_suffix = {{post-nominals|country=CAN|size=100%|OC}}

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| birth_date = {{birth date and age|1940|01|06}}

| birth_place = Montreal, Quebec, Canada

| nationality =

| occupation =

| spouse = Tanna Schulich

| children = 2

| alma_mater = McGill University (BSc, MBA)

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Seymour Schulich {{post-nominals|country=CAN|OC}} ({{IPAc-en|ˈ|ʃ|uː|l|ɪ|k}} {{Respell|SHOO|lik}};{{cite web|url=https://www.youtube.com/watch?v=5Gt452Zv_0Y |archive-url=https://ghostarchive.org/varchive/youtube/20211221/5Gt452Zv_0Y |archive-date=2021-12-21 |url-status=live|title=Happy 50th Anniversary from Seymour Schulich|website=YouTube |date=May 24, 2016 |accessdate=19 June 2020}}{{cbignore}} born January 6, 1940) is a Canadian businessman, investor, author, and philanthropist.

Biography

Schulich was raised in a Jewish family in Montreal, Quebec.[http://www.cjnews.com/news/canada/jews-stop-whining-york-u-benefactor-says Canadian Jewish News: "Jews should stop 'whining' about York U, benefactor says" by Sheri Shefa] May 11, 2016 He graduated from McGill University with a BSc in 1961 and an MBA from the Desautels Faculty of Management in 1965. He earned the Chartered Financial Analyst designation from the University of Virginia in 1969.

Schulich is married to Tanna and they live in Willowdale, a neighbourhood of Toronto. They have two daughters and four grandchildren.{{cite web |url=

http://www.canadian-universities.net/News/Press-Releases/September_30_2005_The_life_of_Seymour_Schulich_Biographical_notes.html |title=The life of Seymour Schulich: Biographical notes |publisher=canadian-universities.net |date=September 30, 2005 |accessdate=October 27, 2007}}

Career

Schulich's first job was at Shell. From 1968 to 1990, he worked at Beutel, Goodman & Company, an asset management company which manages in excess of $43 billion CAD (as of 2023), becoming president and vice-chairman.

In 1978, Schulich, along with partner Pierre Lassonde, helped pioneer the concept of royalty payments in the mining industry: their Franco-Nevada and Euro-Nevada companies discovered some precious minerals, but their royalty arrangements allowed them to gain ownership stakes in some of the world's most profitable mines. A $1,000 investment in Franco-Nevada's stock in 1983 was worth $1.2 million in 2002, equivalent to a 40% average annual rate of return. In 2002, Franco-Nevada merged with Normandy Mining of Australia and Newmont, creating the largest gold mining company in the world, Newmont. Schulich was Director of Newmont Mining and Chairman of its merchant banking division from 2002-2007.Newmont Mining Corp.{http://www.newmont.com/our-investors/press-releases/2007/02122007}{{dead link|date=May 2018 |bot=InternetArchiveBot |fix-attempted=yes }}

In 2007, Schulich published a book titled Get Smarter: Life and Business Lessons.

Philanthropy

Schulich has donated funds to numerous Canadian universities including York{{cite web|url=http://news.yorku.ca/2011/05/03/york-u-benefactor-seymour-schulich-to-join-canadian-business-hall-of-fame/|title=York University benefactor Seymour Schulich to be inducted into Canadian Business Hall of Fame - York Media Relations|date=May 3, 2011|publisher=}} (Schulich School of Business), Western Ontario (Schulich School of Medicine & Dentistry),{{cite news|url=https://www.theglobeandmail.com/report-on-business/seymour-schulich-is-a-mining-tycoon-who-spreads-the-wealth/article1216106/|title=Seymour Schulich is a mining tycoon who spreads the wealth|work=The Globe and Mail}} Calgary (Schulich School of Engineering),{{cite web|url=https://www.ucalgary.ca/news/uofcpublications/oncampus/online/oct4-07/schulich|title=Schulich visits|publisher=}} Dalhousie (Schulich School of Law, Dalhousie Faculty of Computer Science),{{cite web|url=https://www.dal.ca/news/2009/10/15/schulich.html|title=Introducing the Schulich School of Law|author=Marilyn Smulders|date=October 15, 2009|work=Dalhousie News}} McGill (Schulich School of Music),{{cite web|url=http://communications.uwo.ca/western_news/stories/2005/September/seymour_schulich_donates_20_million_to_mcgill.html|title=Western News - Search|author=Department of Communications and Public Affairs, Western University|work=Western News|date=July 23, 2018 }} Nipissing (Schulich School of Education),{{cite web |url=http://www.nipissingu.ca/departments/external-relations/nunews/2012-archive/Jan-12-2012/Pages/Congratulations-to-Mr.-Seymour-Schulich.aspx |title=Congratulations to Mr. Seymour Schulich | Nipissing University |accessdate=2014-09-12 |url-status=dead |archiveurl=https://web.archive.org/web/20140913011358/http://www.nipissingu.ca/departments/external-relations/nunews/2012-archive/Jan-12-2012/Pages/Congratulations-to-Mr.-Seymour-Schulich.aspx |archivedate=September 13, 2014 |df=mdy-all }} and Queen's (Schulich-Woolf Rare Book Collection).{{cite web |title=Gift Enhances Library's Schulich-Woolf Rare Book Collection |url=https://www.queensu.ca/alumni/news/gift-enhances-librarys-schulich-woolf-rare-book-collection |website=www.queensu.ca |date=February 21, 2020 |publisher=Queen's University |accessdate=5 March 2020}} The first and largest donation that was made was to the Schulich School of Business at York University. All degrees issued by the Schulich School of Business now bear the signature of Seymour Schulich. His philanthropy also extends beyond universities, to the Sunnybrook Health Sciences Centre (Schulich Heart Centre){{cite web|url=http://www.newswire.ca/en/story/521229/seymour-schulich-give-sunnybrook-10-m-gift|title=Seymour Schulich give Sunnybrook $10 m gift|publisher=}} in Toronto, and outside Canada to the University of Nevada, Reno (Schulich Lecture Hall) and Technion – Israel Institute of Technology.{{cite web|url=http://www.technioncanada.org/seymour-schulich-donates-landmark-gift-of-us-20-million-to-the-technion-israel-institute-of-technology-2/|title=Seymour Schulich donates landmark gift of US $20 million to the Technion – Israel Institute of Technology|publisher=}}

On October 15, 2009, Schulich officially presented a donation in the amount of $20 million to Dalhousie University's Law School; in doing so, the Law School has now been renamed the Schulich School of Law.{{cite web|last=Smulders|first=Marilyn|title=Introducing the Schulich School of Law|url=https://www.dal.ca/news/2009/10/15/schulich.html|accessdate=March 19, 2013}}

On October 14, 2011, Schulich announced a $100 million scholarship program targeting students entering the science, technology, engineering and math fields (STEM) in Canada and Israel. This gift is being co-administered by UJA Federation of Greater Toronto and the Schulich Foundation.{{cite news|url=https://www.theglobeandmail.com/news/national/toronto/toronto-philanthropist-schulich-unveils-100-million-scholarship/article2201382/ | location=Toronto | work=The Globe and Mail | first=James | last=Bradshaw | title=Toronto philanthropist Schulich unveils $100-million scholarship – The Globe and Mail | date=October 14, 2011}} The program is called Schulich Leader Scholarships, the largest undergraduate STEM scholarship opportunity in each country.{{cite web|url=http://www.schulichleaders.com|title=Schulich Leader Scholarships - Creating the next generation of technology innovators|publisher=}}

Honours

2013, Doctor of Laws, honoris causa, Dalhousie University{{cite web |url=https://www.dal.ca/academics/convocation/ceremonies/honorary_degree_recipients/hon_degre_2013/seymour_schulich.html | title=Seymour Schulich Honorary Degree Recipient|publisher=dal.ca |accessdate=June 1, 2013}}
2011, Officer of the Order of Canada "for his transformational philanthropy in support of our education and health care institutions".{{cite web|url=http://www.gg.ca/document.aspx?id=14390&lan=eng|title=Appointments to the Order of Canada|date=September 20, 2017 }}
2011, Inductee, Canadian Business Hall of Fame{{cite web |url=http://www.newswire.ca/en/story/817449/junior-achievement-of-canada-welcomes-four-new-companions-into-the-canadian-business-hall-of-fame |title=Junior Achievement of Canada | JUNIOR ACHIEVEMENT OF CANADA WELCOMES FOUR NEW COMPANIONS INTO THE CANADIAN BUSINESS HALL OF FAME |accessdate=2014-09-12 |url-status=dead |archiveurl=https://web.archive.org/web/20140912225304/http://www.newswire.ca/en/story/817449/junior-achievement-of-canada-welcomes-four-new-companions-into-the-canadian-business-hall-of-fame |archivedate=September 12, 2014 |df=mdy-all }}
2010, Doctor of Laws, honoris causa, University of Calgary{{cite web |url=https://www.ucalgary.ca/convonews/awards/seymour-schulich |title=Seymour Schulich Honorary Degree Recipient |publisher=ucalgary.ca |accessdate=June 9, 2010 |url-status=dead |archiveurl=https://web.archive.org/web/20101128064753/http://www.ucalgary.ca/convonews/awards/seymour-schulich |archivedate=November 28, 2010 |df=mdy-all }}
2008, Doctor of Laws, honoris causa, University of Western Ontario{{cite web |url=http://communications.uwo.ca/com/media_newsroom/media_newsroom_stories/convocation_for_schulich_mds_pays_tribute_to_benefactor_20080514442243/ |title=Convocation for Schulich MDs pays tribute to benefactor|publisher=uwo.ca |accessdate=June 12, 2008}}
2006, Inductee, Canadian Mining Hall of Fame{{cite web|url=http://mininghalloffame.ca/inductees/s-u/seymour_schulich|title=The Canadian Mining Hall of Fame|publisher=}}
2004, Honorary Doctorate, McGill University{{cite web |url=https://www.mcgill.ca/music/schulich/benefactor/ |title=The Benefactor – Seymour Schulich: New standard for giving |publisher=mcgill.ca |accessdate=October 27, 2007 |archiveurl = https://web.archive.org/web/20080122005113/http://www.mcgill.ca/music/schulich/benefactor/ |archivedate = January 22, 2008}}
2003, Doctor of Laws, honoris causa, York University{{cite web |url=

http://www.yorku.ca/secretariat/board/biography/Honorary/schulich.htm |title=Biography Seymour Schulich, CM, BSc, MBA, CFA, HonLLD (York) |publisher=yorku.ca |year=2002 |accessdate=October 27, 2007}}

1999, Member of the Order of Canada{{cite web|url=http://www.gg.ca/honour.aspx?id=6356&t=12&ln=Schulich|title=The Governor General of Canada > Find a Recipient|date=June 11, 2018|publisher=}}
1998, "Developer of the Year" by the Prospectors and Developers Association of Canada
1997, with Pierre Lassonde, named "Mining Man of the Year" by The Northern Miner{{cite web |url=http://www.halloffame.mining.ca/halloffame/english/bios/schulich.html |title=Hall of Fame Inductee |publisher=halloffame.mining.ca |accessdate=October 27, 2007 |archiveurl = https://web.archive.org/web/20080212144626/http://www.halloffame.mining.ca/halloffame/english/bios/schulich.html |archivedate = February 12, 2008}}

Partial bibliography

Schulich, Seymour. Get Smarter Life and Business Lessons. Toronto: Key Porter Books, 2007. {{ISBN|978-1-55263-942-9}}
Schulich, Seymour. Weather Gas Distribution Companies and Stock Markets ( a Theory for Short Term Traders.) --. S.l: s.n.], 1965.

References

=Sources=

[https://www.mcgill.ca/newsroom/news/?ItemID=22001 McGill University news]
[https://web.archive.org/web/20070930073950/http://knowledge.2y.net/issues.php The Schulich donation and the naming of the Schulich School of Medicine – Issues]
[https://web.archive.org/web/20070927042505/http://www.chapters.indigo.ca/Seymour-Schulich-Get-Smarter/seymourschulich_getsmarter-promoNB.html Seymour Schulich's biography – an Indigo Author]
[https://web.archive.org/web/20090628221932/http://speeches.empireclub.org/details.asp?FT=yes&SpeechID=1951 Titans: How the New Canadian Establishment Seized Power]