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Ignat Kaneff

Ignat Kaneff
Ignat Kaneff 2013-5 (cropped).jpg
Native name Игнат Канев
Born Игнат Христов Кънев
(1926-10-06) 6 October 1926 (age 90)
Gorno Ablanovo, Bulgaria
Nationality Bulgarian
Canadian
Occupation Businessman, philanthropist
Net worth IncreaseUS $1.2 billion
(2013)
Website kaneff.com

Ignat Kaneff CM OOnt (Bulgarian: Игнат Христов Кънев; born Ignat Hristov Kanev; 6 October 1926) is a Bulgarian-born Canadian business magnate and philanthropist.

Ignat Hristov Kanev was born on 6 October 1926 in Gorno Ablanovo, Bulgaria. He was one of six children in the family of Hristo and Mita Kanevi.

He could not afford to complete school, and left Bulgaria at the age of 14, moving to Austria to look for employment. Starting in March 1941, he and a few friends worked for a Bulgarian company that traded in agricultural products.

In 1951 he quit work in Austria, and emigrated to Canada with almost no money, no knowledge of English, and no ties or friends there. He settled in Toronto and started working in the construction business. Originally, he built small houses for newly arrived immigrants. Five years later, in 1956, he founded his first construction company. The next year, his company constructed its first large building – three floors with nine apartments. Ten years later, the company built its first high-rise building, with 262 apartments. Subsequently, the company's annual revenue reached more than 250 million dollars. During his career as a building contractor, he built thousands of houses, many public buildings, and high-end golf facilities.

He is also involved in the car trade. He became a General Motors dealer, becoming successful enough to be invited by the president of the company to dinner in Detroit.

He is the owner of six golf courses and a large construction company in Canada. He is the managing director of a charitable foundation bearing his name. His wealth is estimated at over $1 billion.

He is the Honorary Consul of Bulgaria in Canada.

Kaneff makes grants primarily for health and educational purposes and to promote the Bulgarian Orthodox Church. He made his first major donation in 1955 for a hospital in Toronto. He donated land and over $1 million for construction of the St. Dimitar Bulgarian Orthodox Church in Brampton.

In 2009, Kaneff donated $2.5 million towards the reconstruction of the Osgoode Hall Law School at York University in Toronto; the building was named after him. In 2012, he gave $1.5 million, about half the total amount necessary, for the construction of a modern conference complex named after him, the Kaneff Centre, at Ruse University in Bulgaria. The Kaneff Centre was officially opened on 10 October 2013.


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