Bob Singh Dhillon

Last updated

Bob Singh Dhillion
Born1965
Kobe, Japan
NationalityCanadian
Education Richard Ivey School of Business
Occupation(s)Founder and CEO of Mainstreet Equity Corp

Navjeet Singh "Bob" Dhillon OC is a Canadian property owner and businessman. He is the founder and CEO of Mainstreet Equity Corp, headquartered in Calgary. [1] [2]

Contents

Early life and education

Navjeet Singh "Bob" Dhillon was born on 1965 in Kobe, Japan to Punjabi Sikh parents. His family ancestry comes from the Tallewal district of Barnala Punjab, India. His grandfather, Saproon Singh Dhillon moved to Hong Kong from India to establish a shipping company and carry out trade with Japan. [3] [4] He lived between Hong Kong and Japan, before being sent to India for his education. He attended the Bishop Cotton School in Shimla. While in school, Dhillon's family was living and conducting business in Liberia, however were forced to leave due to civil unrest. [5] Dhillon and his family moved to Vancouver, before moving to Calgary. Dhillion obtained a MBA from the Richard Ivey School of Business at the University of Western Ontario. [6]

Business

Dhillon founded Mainstreet Equity Corp in 1997, taking the company public and listing it on the Toronto Stock Exchange under (TSX: MEQ) in 2000. [7] The Canada-based real estate company is the only Sikh-owned company listed on the Toronto Stock Exchange. [8] [1] Mainstreet owns nearly 16,000 rental units across Western Canada. [9] Dhillon is developing a high-end tourist resort in Belize, [5] [10] a nation for which he is also the honorary consul general to Canada. [6]

Philanthropy

In 2018 he made a $10 million donation to the University of Lethbridge – the largest donation in the university's history. The money is being used by the newly named Dhillon School of Business. [11] Through Mainstreet, Dhillon has also provided homes for many refugees, including those fleeing Alberta wildfires in 2016, [12] Afghans fleeing Taliban rule in 2021, [13] and Ukrainians fleeing the Russian invasion in 2022. [14]

Awards

On December 29, 2021, Her Excellency the Right Honorable Mary Simon, the Governor General appointed the Order of Canada to Dhillon. Officers of the Order of Canada (OC) have demonstrated an outstanding level of talent and service to Canadians. [15] [16]

Dhillon has also been awarded an honorary doctorate in commerce from Lakehead University, [17] and an honorary doctorate of laws from the University of Lethbridge. [18]

Related Research Articles

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References

  1. 1 2 "Mainstreet Equity Company". Reuters. Retrieved 26 May 2019.
  2. "Bob dhillon family" . Retrieved 26 May 2019.
  3. Lehail, Jessie (20 March 2009). "Bob Dhillon – Chapters of the First Sikh Billionaire". Darpan. Retrieved 15 August 2024.
  4. Nelson, Chris (22 March 2021). "Real estate mogul Dhillon banking on bright future for Alberta". Calgary Herald. Retrieved 15 August 2024.
  5. 1 2 Badshah, Nadeem. "Mainstreet Equity Corporation". Asian Enterprise. Retrieved 26 May 2019.
  6. 1 2 Vohra, Pankaj (1 March 2014). "NRI property tycoon brings India, Canada closer". Sunday Guardian. Retrieved 26 May 2019.
  7. "Mainstreet Equity Corp". www.bloomberg.com. Retrieved 11 December 2019.
  8. Singh, Gurmukh (12 November 2006). "A billion-dollar dream come true". The Tribune. Retrieved 26 May 2019.
  9. "Organic Growth Discipline Focus" (PDF).
  10. "Investors | Apartments for Rent | Apartment Rentals | Mainstreet Equity". mainst.biz. Retrieved 11 December 2019.
  11. Critchley, Barry (18 March 2018). "Bob Dhillon 'gives back' with $10 million donation to the University of Lethbridge". Financial Post. Retrieved 26 May 2019.
  12. "Bob Dhillon's Mainstreet Equity Offers 100 Apartments to Victims of Devastating Fort McMurray Fire".
  13. "Calgary property company provides housing for Afghan refugees - Calgary | Globalnews.ca". Global News. Retrieved 12 October 2022.
  14. "Real estate icon offers help to Ukrainian refugees". calgaryherald. Retrieved 12 October 2022.
  15. "Governor General announces 135 appointments to the Order of Canada". 29 December 2021.
  16. "Calgary developer Dhillon humbled by Order of Canada nod". 10 January 2022.
  17. "Lakehead University announces its 2017 Convocation Ceremonies' Honorary Doctorates and Fellows".
  18. "Dhillon School of Business benefactor to be recognized with honorary degree | UNews".