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newsmoments.net April 21, 2018


Toronto billionaire, wife found dead at their home

17 December 2017, 01:08 | Lorenzo Hawkins

Police Investigate 'Suspicious' Death of Prominent Toronto Couple

A Toronto police vehicle is seen outside the home of Apotex chairman Barry Sherman after two people were found dead on Dec. 15 2017. CITYNEWS  Ken Townsend

Apotex, a Canadian pharmaceutical company, has confirmed that its founder Barry Sherman and his wife Honey Sherman are dead.

Barry Sherman, who was the chairman of generic drug company Apotex Inc, and his wife Honey Sherman were found inside a house near Bayview Avenue and Highway 401 just before noon.

Emergency crews were called to the home at about 11:45 a.m. on Friday, the Canadian Broadcasting Corporation reported, with police saying only that a man and woman were pronounced dead on the scene.

"The circumstances of their death appear suspicious and we are treating it that way", said Hopkinson, BBC reported.


Two bodies covered in blankets were later seen being removed from the house.

The Shermans have handed out millions of dollars to hospitals, universities and the United Jewish Appeal.

Sherman is the founder of generic drug-maker Apotex. "All of us at Apotex are deeply shocked and saddened by this news and our thoughts and prayers are with the family at this time".

Along the way he amassed a vast fortune, recently estimated by Canadian Business magazine at $4.77 billion, making him the 15th richest person in the country.


The couple had four children.

The mayor of Toronto John Tory through a prepared statement said he was heartbroken and shocked when he learned of the couple's death, noting the couple had made many contributions to the city. "Our condolences to their family & friends, and to everyone touched by their vision & spirit".

The Shermans were among Canada's most generous philanthropists and also organized funding of charitable causes through the Apotex Foundation. "As employees, we are proud of his tremendous accomplishments, honored to have known him, and vow to carry on with the Apotex goal in his honor".

Eric Hoskins, health minister of Ontario province, described the couple as "incredible philanthropists". That's where police say two people were found dead. "A very, very sad day", he wrote.


"Toronto Police are investigating, and I hope that investigation will be able to provide answers for all of us who are mourning this tremendous loss", Mr.



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