TORONTO – Barrick Gold says founder Peter Munk died peacefully in Toronto on Wednesday surrounded by family. He was 90.
The Toronto-based company, which grew into one of the world’s biggest gold producers under Munk’s leadership, didn’t disclose a cause of death.
Munk was born in Budapest in 1927 and fled Hungary with his family in 1944 when Nazi Germany invaded.
- B.C. man charged, accused of driving motorhome onto Abbotsford airport runway
- Wildfires near Clinton, B.C. merge, stretching nearly 670 square kilometres
- Quebec paramedics reach tentative deal with province after years without contract
- Historic Halifax tree vandalized again leaving community baffled
He arrived in Toronto in 1948 at age 20 and undertook a number of entrepreneurial business activities before founding Barrick in 1983.
Get breaking National news
Munk became one of Canada’s best-known philanthropists, including a $175 million donation to the Toronto General Hospital in 1997.
Barrick said he donated nearly $300 million to causes and institutions over his lifetime.
He is survived by Melanie, his wife of 45 years; five children, Anthony, Nina, Marc-David, Natalie, and Cheyne; and 14 grandchildren.
Comments
Want to discuss? Please read our Commenting Policy first.