David Kenneth Roy Thomson, 3rd Baron Thomson of Fleet (born 12 June 1957) is a media magnate and Canadian/British hereditary peer. We will know about David Thomson Net Worth later in this post.
Thomson took over as chairman of Thomson Corporation after his father died in 2006, and he also inherited his father’s British title, Baron Thomson of Fleet. Thomson became chairman of Thomson Reuters following the acquisition of Reuters in 2008. Thomson is the fourth richest person in Canada as of May 2022, with an estimated net worth of $33 billion.
David Thomson Bio/Wiki
|Birth Name||David Kenneth Roy Thomson|
|Nick Name||David Thomson|
|Religion||Calvinism or Presbyterian|
|Sun Sign/Zodiac Sign||Aries|
|Date of Birth||June 12, 1957|
|Nationality||Canadian and British|
|Hobbies||Buying and watching paintings|
|Mother's Name||Nora Marilyn Lavis Thomson|
Marital Status, Wife and Children
|Children||Thyra Nicole, |
|School||Selwyn College in Cambridge|
|College/University||Hall School and Upper Canada College|
|Profession||Painting Business man|
Height, Weight, and Figure Measurements
Extra Ordinary Features
|Race / Ethnicity||English|
|Favourite Food||French Cuisine|
|Favourite Colors||Red, Green, Blue|
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He was born on June 12, 1957, in Toronto, Ontario, to Kenneth Thomson, 2nd Baron Thomson of Fleet and Marilyn Lavis. He has a sister named Taylor Thomson and a racing brother named Peter Thomson.
Thomson graduated from Selwyn College, Cambridge, with a Bachelor of Arts (later advanced to an MA (Cantab)) in History in 1978. He attended both Upper Canada College and the Hall School as a kid.
Thomson has six children from four different moms. He has two children with his first wife, Mary Lou La Prairie: Thyra Nicole and Tessa Lys. Thomson has one son, Benjamin, with his second wife, Laurie Ludwick, who was born after Thomson left the marriage. Thomson has a daughter with actress Kelly Rowan. Thomson has two children, Ottilie, born in 2015, and Elodie, born in 2018, with his partner Severine Nackers, a Sotheby’s employee in London.
His two youngest children reside with their parents. Thomson had been separated from his eldest daughter, Thyra, for five years, and Thyra finally sued Thomson for mishandling of the family trusts. In 2017, the matter was resolved out of court.
Thomson has three children who live in London, where he owns multiple properties.
Thomson is an Art Gallery of Ontario patron. With his father’s death, he became the 3rd Baron Thomson of Fleet on June 12, 2006, his 49th birthday. In Canada, he does not use this title. He is an ardent art collector who possesses the world’s largest collection of John Constable paintings.
Thomson has given few news interviews and has kept a modest public presence. According to a July 3, 2006, New York Times story, “the only extensive interview he has given was to James FitzGerald, who authored a book on the exclusive private school (Upper Canada College) they both attended in Toronto.”
“David had little favourable to say about many people in the business sector 12 years ago in his comments to Mr FitzGerald.” Thomson stated in the interview: “Traditional business people say you’re not a true man if you strive to live a more balanced life. But who isn’t a true man? What are you saying? You haven’t spent a weekend with your wife, you don’t have any extra time that you utilise productively, you don’t have any hobbies, and you can’t spell Mozart. And now you’re telling me I’m weak?”
Thomson lives alone in a private apartment that also has an underground art gallery in Toronto’s Rosedale neighbourhood.
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David Thomson Education
Thomson earned a Bachelor of Arts (later progressed to an MA (Cantab)) in history from Selwyn College in Cambridge in 1978. When he was younger, he attended Upper Canada College and the Hall School.
David Thomson Family
Herbert Thomson, David’s great-grandfather, was a telegrapher who eventually became a hairdresser as a vocation. Hugh Thomson and Mary Nichol Sylvester were his parents. Herbert married Alice Coombs, a British-born woman. They had children together, one of whom, David’s grandpa, rose to fame.
David’s grandfather was Roy Herbert Thomson, 1st Baron Thomson of Fleet, the man behind the Thomson publishing company. He began by selling radios and quickly went on to the newspaper publishing industry. He married and had three children, Kenneth, Irma, and Audrey, all of whom inherited stock in the firm.
Kenneth Thomson, 2nd Baron Thomson of Fleet, David’s father, was Roy Thomson’s oldest child. After his father died, he inherited the Thomson family business and developed it to new heights. In 1956, he married Nora Marilyn Lavis, with whom he had two boys, David and Peter, and one daughter, Lesley. David is their eldest son.
David has already been married and divorced twice in his life. In 1998, he married Mary Lou La Prairie, with whom he had two kids. He has one son with his second wife, Laurie Ludwick. His second marriage also ended in a painful divorce. Following that, he became engaged to Kelly Rowan, a well-known actress, and she gave birth to their daughter soon before they decided to divorce. Following his divorce with Rowan, David briefly dated Severine Nackers, with whom he purportedly had a kid.
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Thomson began his business career in Toronto as a junior associate at McLeod Young Weir. He left the firm to work in the Thomson family’s business, holding a variety of positions in enterprises managed by the Thomson family. Thomson was the manager of The Bay at Cloverdale Mall in Etobicoke, as well as the president of Zellers.
Thomson established the real estate business Osmington Incorporated, which was owned and operated independently of the Thomson empire, in order to build his independence. Osmington buys and manages commercial real estate properties on behalf of institutional investors including the Thomson family. Osmington sold a $336 million stake in eight retail assets to the Canada Pension Plan in 2010. FarmersEdge, a precision agricultural firm, is a key investor in Osmington.
Osmington is also a partner in True North Sports and Entertainment, which owns the Winnipeg Jets of the National Hockey League and the Canada Life Centre in downtown Winnipeg, Manitoba. Osmington is redeveloping Union Station’s retail space in Toronto. Thomson’s investing operations are managed by Morgan Bay Capital, a hedge fund based in Toronto.
When Kenneth Thomson died (in June 2006), control of the family money was transferred to David, according to a plan prepared decades previously by Thomson Corporation founder Roy Thomson. Thomson voiced dissatisfaction with working in the family firm following the sale of a majority interest in Thomson Reuters’ banking sector in 2018.
He is now in talks with family members about leaving the family firm, Thomson Reuters, to focus on his own art and real estate ventures.”David, my grandson, and David’s son will have to take their turn in administering the Organization,” Roy Thomson stated in his autobiography in 1975. “Responsibility comes with the riches we will be leaving them. Even if they try, the Thomson boys who follow Ken will not be able to avoid these duties.”
David Thomson Art Collection
Thomson is a well-known art collector, with works by Rembrandt, J. M. W. Turner, Paul Klee, Hammershoi, Edvard Munch, Patrick Heron, Joseph Beuys, E. L. Kirchner, and Egon Schiele in his collection. Thomson is the owner of the world’s biggest collection of John Constable paintings and sketches.
Thomson told Geraldine Norman of The Independent in 1994 that he acquired his first Constable sketch at the age of 19, offering the purchaser “an oil painting in exchange and quite a lot of money.” Norman regarded him as a “fanatical collector,” while Thomson noted how, as a boy, he “fell in love” with Constable’s manner. Thomson, when in his twenties, astonished the art world with two huge acquisitions.
In 1984, he paid a record £7.3 million (£21.8 million in 2017) for J. M. W. Turner’s stunning “Seascape: Folkestone” from the auction of the collection of prominent British art historian Kenneth Clark, Lord Clark.
Thomson, 27, set another world record the following year when he paid a record £561,000 (£1.7 million in 2017) for Rembrandt’s monumental “Christ Presented to the People” from 1655 at Christie’s London when the Duke of Devonshire sold the Chatsworth Collection is one of the largest auctions of the time. During the 1980s financial crisis, Thomson sold both masterpieces within a few years.
Thomson and his father paid a world-record $76.7 million for Rubens’ “Massacre of the Innocents” in 2002, which is currently the centrepiece of the Thomson Collection at the Art Gallery of Ontario. Thomson broke records in 2012 when he paid the highest price ever for a Danish artist, “Ida Reading a Letter” by Danish artist Vilhelm Hammershi. Thomson paid £2.4 million for a tiny landscape by John Robert Cozens in 2012, breaking the record for the most expensive 18th-century British watercolour.
Thomson has contributed up to $276 million toward the Art Gallery of Ontario’s refurbishment expenditures, in addition to establishing a permanent endowment with a $20 million commitment.
Thomson is a frequent buyer of Canadian art. Thomson paid $1.8 million for a face mask in 2007, the most ever paid for a single item of Native North American art. In November 2016, he paid a record C$11.2 million for a painting by Group of Seven artist Lawren Harris titled “Mountain Forms” at auction.
Thomson’s collecting efforts are managed through his own Thomson Works of Art. Thomson also contributes to the London-based Archive of Modern Conflict. The archive’s specialists buy photography collections all across the world and also manage a book publishing arm, AMC Books, which includes a Canadian imprint, Bone Idle Books, located in Toronto.
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David Thomson Net Worth
David Thomson, the 3rd Baron Thomson of Fleet, is a Canadian businessman with a $33 billion net worth. David Thomson is the Chairman of Thomson Reuters, and his family is the wealthiest in Canada.
David Thomson lives in Toronto and values his privacy. Thomson seldom conducts interviews, although he does support several art foundations and his NHL club, the Winnipeg Jets. David Thomson’s commercial career has been primarily defined by his employment in enterprises managed by his family.
That company, known as The Thomson Corporation until 2008, focuses on “financial services, healthcare sectors, law, science and technology research, and tax and accounting.” Thomson Reuters was formed in 2008 when it joined with the well-known media firm Reuters.
Thomson is recognised for his relatively unconventional lifestyle in comparison to other affluent business people, which includes keeping a low profile and having. Perhaps Thomson’s life philosophy is best summed up by this quote from a 2006 New York Times interview: “Traditional business people say you’re not a true man if you strive to live a more balanced life.
But who isn’t a true man? What are you saying? You haven’t spent a weekend with your wife, you don’t have any extra time that you utilise productively, you don’t have any hobbies, and you can’t spell Mozart. And now you’re telling me I’m weak?”
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