Canadian billionaire and wife found dead

Dianna Christensen
December 17, 2017

Toronto billionaire and philanthropist Barry Sherman and his wife Honey Sherman have been found dead in their mansion.

Barry Sherman founded Toronto-based Apotex Inc.in 1974 with two employees and gradually turned it into the largest Canadian-owned pharmaceutical company. When crews arrived, they found the couple dead, under circumstances that police described as suspicious.

Sherman was the chairman of generic drug maker Apotex.

Tory said that he was "shocked and saddened" to hear about the deaths of the Shermans but takes some solace in the fact that "their memories will live on for a long time".

The two were found dead after police responded to a medical call just before noon at their home in an affluent section of northeast 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.

The Shermans recently listed their home for sale for almost 7 million Canadian dollars, about $5.4 million.

Police have not publicly discussed potential motives for the deaths, but the Toronto Sun and The Globe and Mail both reported that they were being investigated as a possible murder-suicide.

The paper also said that the bodies were "found hanging side by side next to their indoor pool", something that other Canadian outlets later repeated, citing police sources.

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Honey Sherman was a member of the board of the Baycrest Foundation and the York University Foundation.

Police did not say who made the call, while the National Post reported that the bodies were initially discovered by a real estate agent, who came to the couple's luxury mansion, which is now up for sale. Neighbours confirmed that the property was the couple's home.

The Shermans have handed out millions of dollars to hospitals, universities and the United Jewish Appeal. "Wonderful human beings, incredible philanthropists, great leaders in health care".

The couple leave behind four children.

Outside of the pharmaceutical business, the Shermans were also known for their philanthropy.

"Today I am gutted by the loss of Honey and Barry Sherman".

Apotex employs more than 10,000 people in research, development, manufacturing and distribution facilities worldwide, with more than 6,000 employees at its Canadian operations, CTV reported.

In a statement, Mayor Tory said he was "shocked and heartbroken" to learn of the deaths, and noted the couple's generous contributions to the city. "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".

Other reports by GlobalViralNews

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