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Canadian billionaires Barry and Honey Sherman found dead at home in Toronto

17 December, 2017, 01:41 | Author: Melinda Barton
  • Barry and Honey Sherman

Canadian police are investigating the mysterious deaths of pharmaceuticals billionaire Barry Sherman, founder of Apotex Inc, and his wife Honey, whose bodies were found in their Toronto mansion.

Tributes have begun pouring in for Barry Sherman, founder of the pharmaceutical company Apotex, and his wife, Honey, after they were found in their Toronto home. When crews arrived, they found the couple dead, under circumstances that police described as suspicious.

Sherman, 75, founded privately held Apotex in 1974.

Tory said that he was "shocked and saddened" to hear about the deaths of the Shermans but takes some solace in the fact that "their memories will live on for a long time".

Canadian President Justin Trudeau tweeted: "Sophie and I are saddened by news of the sudden passing of Barry and Honey Sherman".

Canadian Business magazine recently listed Barry Sherman as the 15th richest person in Canada, with a net worth of $4.77 billion.

Police were called to the Shermans' home in an upscale neighbourhood of north Toronto just before noon on Friday in response to a "medical complaint".

He declined to release the age of the victims, where they were found in the house, whether a weapon was recovered, whether the bodies showed signs of trauma, and who found the bodies.

Police note that they're still in the early stages of the investigation into the deaths.

A Toronto police source told The Globe and Mail their bodies were found Friday, seated on the edge of their basement lap pool, hanging from a railing that surrounded the pool.

Honey Sherman was a member of the board of the Baycrest Foundation and the York University Foundation.

Investigators are still attempting to "determine if there is foul play involved or not", Detective Brandon Price told reporters, "and at this point we can not say 100% with certainty if there is or there is not".

"I am beyond words right now", Hoskins wrote. "Wonderful human beings, incredible philanthropists, great leaders in health care". They had four children.

The couple has been well-known for the philanthropy they carried out, giving tens of millions dollars to hospitals, Jewish organizations and universities, reported local television. A very, very sad day.

The couple had donated millions across the city, from the United Jewish Appeal to the United Way. For more than a decade, Barry Sherman had been involved in an acrimonious legal battle with three cousins and the widow of a fourth - sons of the uncle who instructed him in the generic-drug business that preceded Apotex.

Homicide detective Brandon Price said: "At this point we are not now seeking a suspect".

Mrs Sherman sat on the boards of several hospital, charitable and Jewish foundations, and last month was awarded a Senate medal for community service.


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