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How rich is Toronto Mayor John Tory?

Name: John Howard Tory

Born: May 28, 1954

Occupation: Politician, attorney, businessman, and media personality

John Tory, fair use
John Tory, fair use

John Tory was born in Toronto, Ontario on May 28, 1954. He is the son of John A. Tory, president of Thomson Investments Limited and director of Rogers Communications, and Elizabeth Bacon. He has three siblings: Michael, Jeffrey, and Jennifer.

John attended the University of Toronto Schools. Upon graduation, he enrolled in Trinity College and earned a Bachelor of Arts degree in political science. He would go on to receive a Bachelor of Laws degree from Osgoode Hall Law School of York University.

Since 1978, John has been married to Barbara Hackett, a home renovation entrepreneur. The couple have four children: Christopher, George, Susan, and John.

In the 1970s, John served as a journalist for CHFI and CFTR, Toronto-based radio stations. John would eventually turn to law, holding a wide array of positions at Tory, Tory, DesLauriers & Binnington between 1980 and 1995. He also finally got his hands in politics, serving in the office of Ontario Premier Bill David from 1981 to 1985. This allowed him to transition to federal politics, playing big parts in the offices of Prime Ministers Brian Mulroney and Kim Campbell, but he was partly responsible for the Conservatives losing the 1993 elections.

He returned to the business world, gaining the position of president and CEO of Rogers Communication, and later Rogers Cable. John also hosted a community access channel at the company.

Following the retirement of Mayor Mel Lastman, someone John supported for a long time, he ran for mayor of Toronto in 2003. He finished second behind David Miller, but ahead of prominent politicians, Barbara Hall and John Nunziata. Months after losing the mayoral bid, John announced that he would seek the leadership of the Progressive Conservative Party of Ontario, succeeding Ernie Eves. He was successful, but it was tumultuous from the beginning: losing in a Toronto riding, losing the 2007 general election, and then losing a by-election. In the end, he resigned as leader of the party.

John would return to the broadcasting world, hosting programs on talk radio station CFRB for several years. But he could not stay away from politics, running for mayor of Toronto again in 2014. He defeated candidates Doug Ford and Olivia Chow.

He is known as a fiscal conservative who is a moderate liberal on social issues.

We estimate that Toronto Mayor John Tory’s net worth is $5.8 million (2017).

So how much is $5.8 million really?

$5.8 million can pay for a fraction of a percent of the Toronto Transit Commission (TTC)’s debt. $5.8 million can also cover the cost of running a mayoral campaign in a big city like Toronto.


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