Police Probing Suspicious Death Of Jewish Billionaire And Wife In Toronto Home

17 December, 2017, 01:42 | Author: Lester Mason
  • For The Globe and Mail

Autopsies are being performed on Saturday on two bodies found dead in a North York home that belonged to billionaire Barry Sherman and his wife Honey, police say.

An estate agent discovered the bodies of pharmaceutical entrepreneur Barry Sherman and his wife Honey.

Police released few details about the case or what led to their suspicions.

The 75-year-old Sherman began building a pharmaceutical empire with Apotex in 1974.

Sherman acquired the company named Empire Laboratories - the predecessor of Apotex - from his uncle after the death of the latter.

On Twitter, Canadian Prime Minister Justin Trudeau tweeted his condolences to the family and was very touched by the couple's vision and spirit.

Canadian Business magazine estimated Sherman's worth at $4.77 billion Canadian (US$3.65 billion).

Police say they responded to a call at midday at the home of the Sherman in an affluent area of Toronto.

"Until we know exactly how they died we treat it as suspicious and once a determination has been made with the pathologist and the coroner then we move forward from there", Const. David Hopkinson told reporters on Friday evening.

Despite the police withholding the identities of the bodies, many friends of the couple and a number of officials confirmed the news of their death.

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"Honey Sherman was a volunteer extraordinaire".

"I hope that investigation will be able to provide answers for all of us who are mourning this tremendous loss", he said.

"I am beyond words right now".

And the Shermans were generous with their largesse, doling out tens of millions of dollars to universities, hospitals and the United Jewish Appeal, according to the Globe and Mail, a Canadian newspaper.

"Wonderful human beings, incredible philanthropists, great leaders in health care", he wrote.

"Today I am gutted by the loss of Honey and Barry Sherman". For more than a decade, Barry Sherman had been involved in an acrimonious legal battle with three cousins and the widow of a fourth - sons of the uncle who instructed him in the generic-drug business that preceded Apotex.

The couple leave behind four children.

A University of Toronto website lists the Apotex Foundation and the Shermans as donors in the range of $10 million to $25 million during 1995 and 2003. She said that she last saw them two weeks ago, when they had an open house - and could not imagine anything like this happening to a pair she described as the "best neighbours" and the pride of the neighbourhood.

Homicide detective Brandon Price said: "At this point we are not now seeking a suspect".

The couple had become known in Canada for their philanthropy, and their deaths sent shock waves through the country's political elite.

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