Stephen J. R. Smith
Alma materQueen's University
OccupationBusinessman
Known forExecutive Chairman and Co-Founder, First National Financial Corporation

Stephen J. R. Smith is a Canadian Businessman who serves as the Executive Chairman and co-founder of First National Financial Corporation. As of November 2023, his net worth was estimated as $3.4 billion.[1]

Biography

Smith graduated with a degree of Electrical Engineering from Queen's University in 1972 and went on to get a Master's of Science in economics from the London School of Economics

In 1988, he co-founded First National Financial Corporation, the largest non-bank lender of mortgages in Canada. As of 2015, the company had over $90 billion of mortgage loans under administration.[2]

Smith has supported post-secondary education through large donations on several occasions. On October 1, 2015, his donation of $50 million to Queen's was announced; and Queen's business school was renamed to Smith School of Business in his honor. On November 2, 2023, his $100 million donation to Queen's was announced, and Queen's engineering department was renamed to the Stephen J. R. Smith Faculty of Engineering and Applied Science.[3]

References

  1. ↑ "Stephen Smith". Forbes. November 5, 2023. Retrieved November 5, 2023.
  2. ↑ "Smith, Stephen J R". Queen's University. October 1, 2015. Retrieved November 2, 2023.
  3. ↑ Taekema, Dan (November 2, 2023). "Queen's receives $100M donation from former student, renames faculty of engineering". CBC News. Retrieved November 2, 2023.


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