The bodies of Canadian billionaire and philanthropist Barry Sherman, 75, and his wife, Honey, 70, were found Friday morning in their luxury Toronto mansion, hanging from a railing that surrounds a lap pool inside the home.
Authorities say their deaths are being investigated as a possible murder-suicide.
In 1974, Barry Sherman founded the generic-drug company Apotex, which went on to become the largest pharmaceutical company in Canada. His wealth is estimated at $4.77 billion Canadian (US $3.65 billion), making him the 15th-richest Canadian.
The couple’s home had recently been listed for sale for $6.9 million Canadian (US $5.4 million).
Sherman had reportedly donated millions to the United Jewish Appeal, and was an active fundraiser for Prime Minister Justin Trudeau’s Liberal Party.
Toronto Police inspector Bryan Bott stated that, “at this time, we are not searching for any suspects.”
Investigators are reportedly considering “that Mr. Sherman killed his wife, hung her body and then hanged himself at the pool’s edge,” according to a source.
Police reportedly received a phone call from the home regarding a “medical complaint,” and when they arrived, they discovered the couple dead.
Sophie and I are saddened by news of the sudden passing of Barry and Honey Sherman. Our condolences to their family & friends, and to everyone touched by their vision & spirit.
— Justin Trudeau (@JustinTrudeau) December 16, 2017
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
Ex-wife of former NBA star finally charged in his murder (video)