Israeli Canadian pharmaceutical billionaire tycoon and his wife commit suicide.

[lone]

Bodies of billionaire pharmaceutical magnate and his wife are found hanging side by side by the indoor swimming pool of their $5.4million Toronto home by a realtor showing the property to potential buyers

• Bobby Sherman and his wife Honey were found dead in the basement on Friday
• Two bodies covered in blankets were removed from the sprawling home
• A real estate agent showing off the house found their remains next to the pool
• The philanthropist couple had recently put their house on the market for $5.4m
• Toronto police sources believe it could have been a murder-suicide
• Sources say Honey was killed and then moved to the basement
• Their deaths have stunned the country, and has prompted an outpouring of grief

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Barry Sherman (1942-2017)
Age: 75

Place of Birth: Toronto, Canada

Religion: Jewish

Business: Apotex Pharmaceuticals

Wealth: Estimated $3.2 billion

Forbes Rank: 363rd in the world, 7th in Canada

Education: University of Toronto/MIT

Degree: Engineering



Read more: http://www.dailymail.co.uk/news/art...spicious-death-billionaire.html#ixzz51Svb2Hlm
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[Hades]

Apparently he murdered his wife & then killed himself but staged it so it'd look like a suicide
Such a shame.

 

[GlitzyCue_]

Apparently he murdered his wife & then killed himself but staged it so it'd look like a suicide
Such a shame.

Why did he murder her ?
At such an old age as well

 

[Hades]

Why did he murder her ?
At such an old age as well

Not sure to be honest, I'll look into it when I get home.

 

[Hybrid]

Money can't buy happiness

 

[lone]

The cousin did it.​

Lawsuit seeking piece of Toronto billionaire Barry Sherman's fortune 'wishful thinking,' judge rules
A judge has dismissed a lawsuit launched by Barry Sherman’s orphaned cousins, which had alleged he owed them a piece of his drug company.

Kerry Winter, along with his siblings and the widow of one of his brothers, plans to appeal the judge's decision dismissing their lawsuit, according to their lawyer. (CARLOS OSORIO / TORONTO STAR FILE PHOTO)
By JACQUES GALLANTLegal Affairs Reporter
Wed., Sept. 27, 2017

Billionaire Barry Sherman has come out victorious in a lawsuit brought by his cousins, who argued he owed them a share of his interest in Apotex, the generic drug company he founded in 1974.

“The claimed interest in Apotex was wishful thinking, and beyond fanciful,” Superior Court Justice Kenneth Hood wrote in a decision released this month.

“Nothing can now change these findings of fact.”

Hood granted Sherman’s motion for summary judgment, finding there was no need to proceed to trial. He dismissed the lawsuit brought by Sherman’s cousins, the “Winter orphans,” four boys, three of them now grown men and one who has passed away and was represented in the lawsuit by his widow.



Their father, Louis Winter, was the founder of Empire Laboratories Ltd. and died in 1965, when the boys were still very young, just weeks before their mother, Beverley, also passed away. Cousin Barry would go on to acquire Empire in 1967 with some associates.

Barry Sherman, pictured in 1987, founded Apotex in 1974. (REG INNELL / TORONTO STAR FILE PHOTO)
The plaintiffs had alleged that Sherman owed them a “fiduciary duty,” in that he had promised the executors of their parents’ estate in an option that the Winter children would have the right to work for the company after the age of 21 and buy five per cent of the issued shares, according to their statement of claim.

Instead, they alleged the founding of Apotex was made possible in 1974 through proceeds from Sherman’s eventual sale of Empire, but that no provision was made for the children to work at Apotex and become shareholders. In the recent lawsuit, they were seeking 20 per cent of Sherman’s interest in Apotex.

• 
  
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  Apotex billionaire Barry Sherman and his wife Honey found dead

But Hood wrote that the option was already null and void by the time Apotex was founded, and reiterated findings from a different judge in a previous unsuccessful lawsuit brought by the plaintiffs (assisted by a different lawyer) against their parents’ executors, Royal Trust.

“As found by Justice (Paul) Perell and confirmed by the Court of Appeal, Apotex did not own or use any of the assets, goodwill, property of business of the Empire companies,” Hood wrote.

The Winters’ lawyer, Brad Teplitsky, said they would be appealing, and declined to comment further. Lawyer Katherine Kay said neither Sherman nor his legal team would be commenting.

Hood said the executors had wanted stronger terms in the option that would have “inhibited Sherman’s ability to resell the purchased business or take the Empire companies public. Sherman refused such terms.”

After the 1967 purchase of Empire, the corporation that owned the drug company, Sherman & Ulster, entered into a share swap with shareholders from a different corporation in 1969. As a result, Sherman and his associates lost control of S & U, Hood said.

The judge found the option agreement “arguably became null and void” at that time.

“It is an abuse of process, in the circumstances of this case, to come to the court asking to proceed, even if against different parties, where the relief and issues arise from the same relationships and subject matter that have already been dealt with by Justice Perell and the Court of Appeal,” Hood wrote.

 

[GlitzyCue_]

Money can't buy happiness

I would assume people with money don’t have much to worry about and can enjoy life

 

[Hybrid]

I would assume people with money don’t have much to worry about and can enjoy life

There's more to life than just money. Being financially stable is better than being poor but having more money doesn't provide more happiness

 

[Shamis]

There's more to life than just money. Being financially stable is better than being poor but having more money doesn't provide more happiness

I disagree. If I had 3 billion I'd do fun stuff every day, travel to around the world for the rest of my life in luxury. If you're a miserable miser then not even money will help you feel happy.

 

[Lsma]

Money can't buy happiness

Lol. I beg to differ

 

[BenInHer]

yahuudis are smart people wallahi. they got the world figured out. while everyone lives for today, they live for tomorrow..

 

[Abdalla]

I disagree. If I had 3 billion I'd do fun stuff every day, travel to around the world for the rest of my life in luxury. If you're a miserable miser then not even money will help you feel happy.

You'd feel empty. If you're billionaire, give back by becoming a philantropist. The man who dies rich, dies disgraced.

 

[Lsma]

Money doesn't buy happiness but it does buy peace of mind. Being able to cover your bills and having enough money to have something to look forward to (a nice holiday, for instance) is all anyone really needs.
You can have a wonderful partner or family and an enjoyable job but if you are constantly stressed about being able to buy food pay bills then that's going to put a dampener on things

I like what that comedian Daniel Tosh said..

Money might not buy happiness, but it can buy you a jet ski. Ever seen a sad person riding a jet ski around?

 

[Desert Flower]

You'd feel empty. If you're billionaire, give back by becoming a philantropist. The man who dies rich, dies disgraced.

They were philanthropists, yet ended up dead. Maybe they were having money problems, who knows. But, even if I had 1/10 of his money, I would be a happy woman. Pay off my loans, go on vacations and support my fams.

 

[Shamis]

You'd feel empty. If you're billionaire, give back by becoming a philantropist. The man who dies rich, dies disgraced.

Most billionaires are philanthropists. But I think if USA were poor they'd be busy fixing it like we all would fix Somalia given billions of dollars. I think they lack purpose in life.

I would never feel empty given all that money, I'd have good company and fun times.

 

[Hybrid]

I disagree. If I had 3 billion I'd do fun stuff every day, travel to around the world for the rest of my life in luxury. If you're a miserable miser then not even money will help you feel happy.

There's a limit for everything in life. Higher income does have an effect on happiness but only to certain point. A middle class person who saves up and plans his vacation on a budget can get as much satisfaction as a millionaire who travels worwide in luxury. I'm not more happier now than when I used to live in Djibouti although I can afford to travel and buy many things I wasn't able to back home. Once your income affords you a comfortable life, having more doesn't usually make you more happier.

 

[Shamis]

There's a limit for everything in life. Higher income does have an effect on happiness but only to certain point. A middle class person who saves up and plans his vacation on a budget can get as much satisfaction as a millionaire who travels worwide in luxury. I'm not more happier now than when I used to live in Djibouti although I can afford to travel and buy many things I wasn't able to back home. Once your income affords you a comfortable life, having more doesn't usually make you more happier.

I'm middle class and grew up dirt poor. I am definitely happier now and much happier than my friends who are still working class. If I had more money I'd be even happier. What's true for you isn't true for everyone.

 

[Hybrid]

I'm middle class and grew up dirt poor. I am definitely happier now and much happier than my friends who are still working class. If I had more money I'd be even happier. What's true for you isn't true for everyone.

fair enough. For me, the happiest moments in my life were the times I had more social support from friends and family members.

 

[Shamis]

fair enough. For me, the happiest moments in my life were the times I had more social support from friends and family members.

I have great friends and I'd be depressed if I was rich and didn't have them. I also have great family. My half sister is Christian and we haven't disowned her, despite how religious we are which shows how close we all are. I actually don't want for anything but I would be happy if I could write full time and not work.

 

[Lsma]

Hmm..Look at the top countries with highest happiness index ranking -- what they have in common? $$$
Also being rich gets you this: