Arthur Irving
Arthur Irving | |
---|---|
Born |
Arthur L. Irving 1930 (age 87–88) Saint John, New Brunswick, Canada |
Residence | Saint John, New Brunswick, Canada |
Nationality | Canadian |
Education | Acadia University |
Occupation | Owner, Irving Oil |
Net worth | US$4.2 billion (June 2018)[1] |
Spouse(s) | Sandra (nee Ring) |
Children | 5 |
Parent(s) | K.C. Irving |
Relatives | James K. Irving (brother) |
Arthur L. Irving, OC ONB (born 1930) is a Canadian billionaire businessman, the second son of industrialist K.C. Irving. Arthur, along with his brother J.K., share the ownership of what is known informally as the Irving Group of Companies.
Early life
Irving was born in 1930 in Saint John, New Brunswick, Canada, the second son of industrialist K.C. Irving.[2] He was educated at Acadia University.[2]
Business interests
Following their father's death in 1992, ownership and responsibility for the Irving companies was divided as follows:
- Arthur - ownership and responsibility for Irving Oil, its retail stores, oil refineries, oil tankers and distribution terminals and other facilities.
- J.K. - ownership and responsibility for J.D. Irving, the conglomerate which has interests in forestry, pulp and paper, tissue, building supplies, frozen food, transportation, shipping lines, and shipbuilding among others.
- Jack - ownership and responsibility for construction, engineering and steel fabrication companies. Died in July 2010 at the age of 78.[3] Succeeded by eldest son, John K. F. Irving.
All companies within the Irving conglomerate are vertically integrated and buy services and products of other Irving-owned companies, thereby maintaining profits within their operations.
Activities and awards
Arthur Irving has served as Chancellor of Acadia University in Wolfville, Nova Scotia from 1996–2010.
In 2002, he was made an Officer of the Order of Canada. In 2012, he was made a member of the Order of New Brunswick.[4]
In 2008, along with his brothers he was inducted into the Canadian Business Hall of Fame.
Arthur Irving has been involved with Ducks Unlimited and in establishing the K.C. Irving Environmental Science Centre at Acadia University.[5]
In 2016, Dartmouth accepted $80 million from the Irving family to set up the Arthur L. Irving Institute for Energy and Society.[6][2]
See also
References
- ↑ "Forbes profile: Arthur Irving". Forbes. Retrieved 29 June 2018.
- 1 2 3 "About the Donors - The Arthur L. Irving Institute for Energy and Society". irving.dartmouth.edu. Retrieved 29 June 2018.
- ↑ "James Irving". Retrieved 29 June 2018.
- ↑ "2012 Order of New Brunswick recipients".
- ↑ Acadiau.Ca Archived 2007-06-07 at the Wayback Machine.
- ↑ "Announcing the Arthur L. Irving Institute for Energy and Society - Dartmouth News". news.dartmouth.edu. Retrieved 29 June 2018.