According to a Wikipedia entry for Edward S. Rogers III, they are descendents ofTimothy Rogers, "the colonist settler ofNewmarket, OntarioandPickering, Ontario. "Dinner last night at @themaralagoclub" reads the text overlay on one video showing a plaque denoting Trump's purchase of the resort in 1985. Article content. Republication or distribution of this content is Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Discover Tom Bitove's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. John Bitove Sr. developed, built, and operated various restaurants in Canada. [2] Through his holding company, Obelysk, he is involved in several entities including; Sirius XM Canada, [3] Canada's largest subscriber radio service. As a result, former advisors of two United States presidents and one Canadian prime minister were hired to lobby foreign governments, as well as the European Community and the United Nations, to recognise the Republic of Macedonia as a sovereign and independent state. Also learn how He earned most of networth at the age of 60 years old? Most notably, CTV and Global criticized Bitove for not proposing any local programming such as news or community-based shows. Another clip simply shows a (rather flattering) portrait of a young Trump, captioned only with "The 'Donald'.". Friends say Bitove is eternally optimistic, a glass-three-quarters-full kind of guy. But he soon learned the matter had been quietly appealed to cabinet, and was set to be on the agenda at Liberal caucus meetings in Regina. comments, Outrage after residents of hotel-turned-shelter in Toronto evicted on short notice, Parade with poor spelling planned for Mississauga slammed by critics as bigoted, Here's why the website for the Eglinton Crosstown LRT has quietly disappeared, Pedestrians outraged by cars given priority at downtown Toronto intersection, Crowds and wait times to get to the Toronto Islands were absolutely brutal this weekend, Raccoons have taken over the roof of Union Station in Toronto, Outpouring of support for Toronto man stabbed to death in broad daylight, It's going to feel like a scorching 38 C in Toronto this week, nobody is supposed to be travelling right now. "It was a full political campaign. "He doesn't ask for anything he's not entitled to ask for.". Not long after the Olympic bid collapsed for good, Bitove found himself on a plane trying to plot his future. The stock subsequently lost nearly three-quarters of its value. "We do not believe social media is the appropriate platform to judge the actions of others," said the statement, which, as the fashion school was careful to note, was provided by Ryerson University brass. Torstar goes to Jordan Bitove in dispute with co-owner - Financial Post The Rogers family is worth an estimated $11.57 billion. And Bitove would leverage XM Canada to produce music-driven programs that would expose Canadian acts to bigger. We're here to talk about it. He raised an incredible family with 16 loving grandchildren, says his son John Bitove Jr. He was a very successful businessman. Brett is the nephew of Toronto Raptors and Sirius XM Radio founder John Bitove. . As everyone in this town knows: In Ottawa, it's not necessarily about what you ask for, it's how you ask for it. He died in Toronto in July 2015. [3] His parents immigrated to Canada after World War I in 1919 from Gabresh (today Gavros), a village located in the Kastoria region of Macedonia (Greece).[4]. Actor Age, Biography and Wiki Tom Bitove (Thomas John Bitove) was born on 8 March, 1955 in Toronto, Ontario, Canada, is an Actor. Thus, it was quite awkward when The Ryerson School of Fashion condemned the Trump photos on Instagram and even more awkward when they retracted the post. Through his holding company, Obelysk, he is involved in several entities including; Sirius XM Canada, Canada's largest subscriber radio service. Chloe lives a jet-setting life and is always on vacation somewhere. "We have both been schooled in politics," says Lyons, who worked in Tory Tony Clement's office at the Ontario legislature. It's safe to say that Graydon is set for life. When Bitove threw the phones open to questions from the financial community at the annual meeting in January, there was no one on the line. In 1989, he was made a member of the Order of Canada. Here, 10 things he can't live without By Laura Cameron. So, how much is John Bitove worth at the age of 61 years old? It partners with cities to bring lightweight, electric vehicles to residents and visitors to replace car trips by providing an alternative sustainable transportation option. He worked as a helper in his fathers butcher shop, then built a restaurant business and then a food and catering empire that had contracts with Toronto International Airport as well as SkyDome, now known as the Rogers Centre. It is the dying seconds of the game, and the Raptors are down by three points. Suzanne, wife of Edward S. Rogers III, posted several videos and photos as Instagram stories on Saturday morning, all of which appear to have been taken on Friday evening. Bitove Sr. loved Macedonia both with words and deeds, Dr. Gjorge Ivanov, the president of the Republic of Macedonia, says in a news release, praising his efforts for its international recognization, especially in the relations with friendly Canada., Bitove was a good corporate citizen, a great father and a great friend, says Jim Nikopoulos, chief legal officer at Element Financial Corporation. Three years later, they told their buyers to pay another $100K or lose their homes With his wife Dotsa, he created the Java Shoppe in the north part of Toronto (formerly North York), that quickly expanded to 5 restaurants. They were all spotted hanging out the latter rich person's exclusive Mar-a-Lago Club in Palm Beach, Florida, this past weekend despite Ontario's stay-at-home orders, much to the shock and revulsion of Toronto "society" watchers. Bitove Sr. helped raise funds and medical supplies when needed as well as organizing and leading an international campaign to have the Republic of Macedonia recognized as an independent state. The estimated net worth of John Ivan Bitove is at least $9 Million dollars as of 2023-07-03. Discover John Bitoves Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Rival broadcasters tried to paint him as much worse than a bit of Barnum & Bailey: He was a snake oil salesman, a smooth operator who was selling one thing but planning to deliver another. The fact that he and three other executives together hold 1.1 million options at an exercise price of just one cent offers little comfort to shareholders. , Our Motive is to provide reliable, accurate and informative news to you. This segment also offers resource/labour supply services to Canadian energy companies, as well as heavy equipment operators. Even worse, the Canadian elites weren't covertly photographed by some third-party gossip hound they were proudly outed by one of their own, fashion philanthropist Suzanne Rogers. (It had revived to around $5 by early March.) sale "Did I raise hell with ministers? of 2,545,000 shares made by Travis Vanderzanden With Bitove Sr. threatening to sue, a deal was struck, mere days before the 1988 federal election, to turn over Terminal 3 to Bitove as well. According to our Database, He has no children. This advertisement has not loaded yet, but your article continues below. While it's not illegal, Ontario's provincial government currently advises all residents not to "travel outside your region or the province unless absolutely necessary.". "In the '90s, I too wanted to be in broadcasting, but found it mostly a closed shop," he told von Finckenstein. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. John Bitove - Wikipedia But as a veteran of this city, even he would acknowledge the mistake he had just made: In Ottawa, you can play the game, but you never call the shots. Thank you! "It truly takes a staggering amount of ignorance, and a similarly immense lack of empathy, to not understand or care how dispiriting and infuriating a thing like this was going to be for people even people who have already accepted, as we all have, that shitty people and shitty companies are in charge of a whole lot of the things we love," wrote sports journalist Andrew Stoeten of the photo. For his father, the Macedonian Canadian businessman, see, "Raptors founder John Bitove still on the bandwagon after all these years | The Star", "KEYreit Offer Valued at $325 Million by Plazacorp is Completed", "Toronto entrepreneur who founded Raptors beams with pride about success of basketball in Canada", "Raptors' founder to receive Canada Basketball honour", https://en.wikipedia.org/w/index.php?title=John_Bitove&oldid=1132898114, This page was last edited on 11 January 2023, at 04:26. Her father is David Thomson, chairman of Thomson Reuters, one of the largest mass media corporations in the world. It is not clear if any other members of the Bitove family were present at Mar-a-Lago this weekend. The pitch was twofold: Bitove would bring new technology to Canada and launch domestic channels to give local artists some more exposure-two things that dovetailed with the regulator's goals. Most CEOs send regulatory staff or engineers to handle such matters. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. (Even then, fast food, particularly fried chicken, was losing its lustre. Grant Robertson Published March 28, 2008 This article was published more than 15 years ago. In summary, during the past 3 months, insiders sold 0 shares of Bird Global Inc (BRDS) in total and bought 1,732,500 shares, with a net But CHUM and Astral argued vehemently that satellite radio-as proposed by a Canadian offshoot of Sirius as well as by Bitove-would do too little for Canadian musicians compared to terrestrial radio. This copy is for your personal non-commercial use only. "We were talking over cocktails.". Some of the heirs and heiresses listed here are worthbillions. But business and sports were not his only passions. Fast-forward to the more recent CRTC hearings in February on Bitove's HDTV bid. I often say I got the aggressiveness from my dad," Bitove says. Bitove eventually expanded the company into Priszm LP, which spun off part of the business into an income trust. The Bitoves weighed using the proceeds from a sale to buy out Slaight. "With my godson and @jennabitovenaumovich," wrote Rogers when sharing a photo of herself, Jenna, and Jenna's young son. . Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. [5] He used "JB's of Canada" (or "JB's" inside a maple leaf) for the Big Boy Family Restaurants to distinguish it from the American franchise known as JB's. But by December, when the Bitoves banked a cheque for $61 million (U.S.) for a business they'd started for $100,000, it was too late. a net Bitove had finally found his entree into broadcasting. Please complete your profile to unlock commenting and other important features. Bitove was the volunteer president of the City of Toronto bid for the 2008 Olympic Games. Her father Daryl has a net worth of $3.1 billion, making him the 12th wealthiest person in Canada, according to Forbes. Bitove Sr., also a Tory fundraiser, was apoplectic at the idea of losing customers to the new facility. Approving the network could set the stage for a bitter fight similar to the satellite radio appeal. Since 2007 he has served on the board of trustees of Wake Forest University in North Carolina. While Bitove wanted the Raptors to have their own space, Slaight wanted to push the team forward with himself as majority owner, positioning the franchise to partner with the Toronto Maple Leafs. rights reserved. During the flight, Bitove flipped through a magazine and noticed an article about a new technology launching in the United States that he didn't quite understand. The arrangement forced Bitove to come up with enough money to buy Slaight out, or walk away for good. Bitove suddenly found himself fighting the broadcast establishment. These efforts more or less failed and Torstar continued to bleed copious amounts of red ink. The statement sparked an international uproar and led to one of the most difficult moments of Bitove's career. Gurus may be added or dropped from the GuruFocus site at any time. Some of Toronto's wealthiest families were in Mar-a-Lago withTrump this weekend. Bitove flew out to Saskatchewan with David Peterson riding shotgun. It's more than swashbuckling.". XM Canada's parent company, Canadian Satellite Radio Holdings Inc., has lost $196 million since it launched in late 2005. A bid for a licence was launched in 2003. My father was one of those who never really cared to sit and fish.. The two TVs behind the bar here at the Chteau look as though they haven't seen action since Trudeau. Details can be seen in John Ivan Bitove's Latest Holdings Summary section. [1], Bitove was born Lazar Nikola Bitov,[2] in Toronto to Macedonian immigrants Nicholas and Vana. The most controversial of these posts is one that actually pictures members of the Rogers family Edward, Suzanne and their two sons posing with Trump himself. It is 9:15 on a snowy Monday night and John Bitove has. Bitove's team overbid Cara by $600,000 for the contract, but more importantly, Bitove beat out Cara in the back-rooms, launching a months-long campaign with MPs to convince Transport Minister Lloyd Axworthy that York County was the one for the job. His detractors-broadcasters. Investment bankers approached him with a deal, and-sensing he might be able to turn things around-he bought the company. pic.twitter.com/5i583Ag6SY, The original statement posted to Instagram by Ryerson's fashion school invited Suzanne Rogers to "discuss the impact that Trump and his community has had on further harming members of the fashion industry who are low income, Black, brown, Asian, disabled, Indigenous, trans, queer, and/or part of other systemically marginalized communities. Bitove is in the middle of a sentence when he suddenly halts the discussion. Let's check, How Rich is John Bitove, Sr. in 2019? The gurus listed in this website are not affiliated with GuruFocus.com, LLC. [1] He is married to Randi Zenner Bitove and has three children. Originally from Aurora, Ontario, Frank Walker is often seen partying it up with celebrities and DJing in Toronto's nightclubs. John Bitove - Net Worth June 2023, Salary, Age, Siblings, Bio, Family In 1989 Bitove became a member of the Order of Canada. John Bitove described his brother as being much like their parents creative and optimistic, and "likes to roll up his sleeves." He said throughout their years working together, Bitove has. This West Coast heir is the son of billionaire Lululemon Athletica Inc. founder, Chip Wilson. a net John Bitoves income source is mostly from being a successful Businessman. His net worth has been growing significantly in 2020-2021. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, and wear plates and vessels for corrosion and abrasion resistant applications in various end markets. According to the SEC Form 4 filings, John Ivan Bitove has made a total of Chloe Rogers is the daughter of Rogers Communications Chairman, Ed Rogers. Bitove Sr. is survived his five children, 16 grandchildren and his wife. Mr. Bitove is also an Oxford Park principal. ClearStream Energy Services Inc. provides upstream, midstream, and downstream production services in Canada and the United States. ClearStream Services executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Suzanne is also facing heavy backlash over the photos she shared, thanks in part to her deep involvement with the local fashion community. Torstar to be sold, taken private in $52-million deal | The Star purchase For him giving back was extremely important, says his son, pointing to his fathers philanthropic efforts to help the Macedonian community, here and abroad. John Bitove, Sr. is an Canadian Businessman and he was born on 19 Mar 1928, in Toronto, Canada. Sirius and XM in the U.S. are now trying to get federal approval for a merger, which would force similar consolidation in Canada. Still, posing with Donald Trump in Florida while his home province is under lockdown isn't a great look for someone who controls one of Canada's largest telecoms. In 2005, he established the S'Cool Life Fund, which has raised over $2.8 million to fund extracurricular activities in Canadian public schools. Details can be seen in John Ivan Bitove's Latest Holdings Summary section. The impulse to start companies seems bred in the bone. Though Cara was a force on Parliament Hill in its own right, Bitove Sr. had an ace in the hole: David Collenette, a Liberal MP from Toronto who was then minister of state for multiculturalism. John Bitove net worth is estimated at around $500 million. If Bitove got such conditions, why shouldn't they? of John Ivan Bitove currently owns a total of 1 Tom Bitove was born Thomas John Bitove on March 8, 1955 in Toronto, Ontario, Canada. Stoeten, who extensively covers the Rogers-owned Toronto Blue Jays, went off on the subject in a blog post published Saturday called "Jesus Christ, Edward Rogers," writing: "What in god's green f*ck is Edward S. Rogers, chairman of the Toronto Blue Jays baseball club, scion of the Rogers family, son of the man who absurdly towers in bronze (or actually, presumably, some shittier, cheaper alloy) above the southeast courtyard of the building formerly called SkyDome (now, naturally, the Rogers Centre), doing in Florida, at Mar-A-Lago, during a pandemic, smilingly posing with his family alongside the racist dog-whistling king of the dumbshits? Did I raise hell with a whole bunch of other people? It sounded like a lot of what the regulators were so badly looking for. of 117,343 shares made by William S Rushforth The List: 10 things John Bitove can't live without - Toronto Life read. Chief Financial Officer Michael Washinushi purchase The glory of winning the Raptors bid was short-lived. With the Tories waning in power, Bitove returned home for what would prove to be his own big break. It's important to note that both families do own homes outside of Ontario, and that they may not even be living in Toronto right now. "He would meet anybody if he thought it could be productive," says Buchan, who said Bitove made it a priority to speak with assistant deputy ministers in Ottawa when the satellite radio bid was being launched. "A special way to end the night!" John Ivan Bitove owns 4,337,392 shares of Bird Global Inc (BRDS) as of May 19, 2023, with a value of $9 Million. The importance of influence-the sort that makes critics of the Bitoves turn red with frustration-was a lesson that the younger Bitove took to heart. "John has that same thing. Macedonia also recognized his efforts, awarding him the September 8th Medal of Honour for his life-long dedication to supporting Macedonia. As of 2017, the Rogers clan had an estimated net worth of $11.57billion, making them the fourth-richest family in Canada. Maybe he was done with these ambitious, pie-in-the-sky ideas. Only the transactions in Open Market or Private Sale at the market prices are included. During the past 18 months, 1,935,624 shares of Bird Global Inc (BRDS) were sold and 3,582,594 shares were bought by its insiders, resulting in a net ", I cant imagine what it feels like to be a @RyersonFashion student right now. The young technology reminded him of the early days of cellphones and cable TV: You spend a lot in the beginning to market the service, then once you amass a large enough subscriber base, you can sit back and collect the steady flow of cash. Twitter users are now calling for a boycott of the Rogers network in light of the photos, but what else is new? But it still ranked far back of the industry norms; would it be enough? ", Bitove's circle calls him a visionary, someone who is constantly looking for ideas that are ahead of their time. Chloe is a signed and published model for Elite Modeling and currently attends fashion school in London. Bitove has been laying the groundwork for his bid for a national TV network for a few years now. All rights reserved, Narcity Media Inc. In 1983, a company he created, (York County Quality Foods) was awarded the food and beverage catering contract at the Toronto Pearson International Airport. His father, the son of Macedonian immigrants who arrived in Canada after the First World War, opened a 14-stool coffee shop in Toronto in 1949 and spent the next four decades building a catering empire. Load Ultimately, Slaight's vision of a Leafs-Raptors hookup came to pass when he sold the Raptors to Maple Leaf Sports and Entertainment, where Tanenbaum now serves as chairman and part owner. He monogrammed his chain-JB's Big Boy-and parlayed it into a cash cow. Jordan L. Bitove serves as Lead Independent Director of the Company. The 37 Richest People in Toronto: Their Net Worth and How - Hardbacon He is currently single. Families such as Rogers, Weston, and Bitove often appear on "richest Canadians" lists. 2004-2023 GuruFocus.com, LLC. Members of Toronto's wealthy Rogers family dined at Donald Trump's Mar-a-Lago Club in Florida this weekend, setting off a flurry of criticism - Suzanne Rogers https://t.co/PVJaJP13OU #Toronto #Rogers #DonaldTrump #Trump pic.twitter.com/gk91ioQ41O. and This developer sold pre-construction townhouses for $400,000. Bitove wanted to talk to the cadre of CRTC folk who were milling about, to shake some hands, meet producers, ask some questions about his HDTV bid, and generally see if there was anything else he could do to make it succeed. What do the chairman of Rogers Communications, the niece of Toronto Raptors founder John Bitove, and former U.S. president Donald J. Trump all have in common (aside from having tons of money)? On Oct. 23, 2001, the entire paradigm of the music industry shifted: Apple Inc. released the first iPod. John Bitove Wiki, Biography, Age, Career, Relationship, Net Worth A guide to the Florida getaways of Toronto's wealthiest It was a family business. "Bingo," he declares. John Ivan Bitove is the director of Bird Global Inc. Copyright owned or licensed by Toronto Star Newspapers Limited. His father's company, Magna International, had a revenue of $40.8 billion in 2018. If youre pissed about how the university has responded to Suzanne Rogers gleeful Trump selfie, tell themI did pic.twitter.com/gkLSCticgI. They weren't exactly sure which rooms the Liberal MPs were staying in, so entire hallways of rooms got the pitch. of 1,646,970 shares. It is 9:15 on a snowy Monday night and John Bitove has spent the entire day in meetings. Bitove insists the multibillion-dollar TV industry is easily vibrant enough to sustain more competition.His rivals are painting him as a wan-nabe TV executive who still has a lot to learn. Bitove earned an undergraduate Bachelor of Science degree in Business (marketing) from Indiana University Bloomington in 1983. The coffee shop begat family restaurants, which led to John Sr. buying the Canadian franchise rights to the U.S. burger chain Big Boy. (Drama, Recreation, Extra-Curricular, Arts, Music, or Sports) projects across Canada helping to make school life more enjoyable for thousands of public elementary children in grades K-8. Oft-referred to as the "fairy godmother of Canadian fashion," Rogers is a well-known philanthropist who has donated millions of dollars toward emerging local designers and raised millions more for local charities through her fashion-focused gala events. To order copies of Jordan Bitove is 55, he's been the Lead Independent Director of ClearStream Services since 2015. It brought everything together. He had recently bought Scott's Restaurants Inc. for $237 million. Through his holding company, Obelysk, he is involved in several entities including; Sirius XM Canada, Canada's largest subscriber radio service. Her family is known to be one of the top richest families in Canada. If you've ever wondered who are the richest heirs and heiresses in Canada, keep on reading! Bird Global Inc (BRDS)'s detailed insider trading history can be found in Insider Trading Tracker table. He is the founder of Mobilicity, a mobile wireless service, which was sold to Rogers . At the annual meeting in January, he said XM Canada will hit one million subscribers by 2010. "John said to me, 'Have you ever heard about satellite radio?'" Bitove's camp argues back heatedly, pointing out that he hasn't sold any of his stake in the satellite radio operations, even as the market sentiment turned sour. He is the founder of Mobilicity, a mobile wireless service, which was sold to Rogers Communications in July, 2015. [10] John Bitove provided significant financial resources to the United Macedonian Diaspora. His father is the CEO of Loblaws and his grandfather is the chairman of the company, along with the Selfridges Group. Since 2007 he has served on the board of trustees of Wake Forest University in North Carolina. John Bitove - Toronto Life All Learn How rich is She in this year and how She spends money? It was a significant concession in his eyes. Bitove brought new restaurant concepts to Toronto such as the Cav-a-bob nightclub, Julie's fine dining and many others. Satellite radio on both sides of the border has yet to make a dollar. He is a member of famous Businessman with the age 61 years old group. But it wasn't the main reason he was there. Bitove was a director of several companies, including Oppenheimer & Co. of 195,151 shares made by Shane Torchiana And in that time, he has won the praise and backing of many in the Canadian production community who like the idea of a new chain of Canadian stations.