Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Fast Forward

Toronto Billionaire Philanthropist And Wife Found Dead In Home

Canadian police are investigating the mysterious deaths of Barry Sherman, the billionaire philanthropist and founder of Canadian pharmaceutical firm Apotex, and his wife, Honey — and reports say police suspect a murder-suicide.

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. Reports say the Shermans were found hanging from a railing near their indoor pool.

“The circumstances of their death appear suspicious and we are treating it that way,” Constable David Hopkinson said.

The Toronto Sun reported Saturday that Honey Sherman may have been killed elsewhere in the mansion — leading police to suspect a murder-suicide, since there was no sign of forced entry.

Sherman, 75, founded the privately held Apotex in 1974. Forbes has estimated his net worth at $3.2 billion.

Toronto Mayor John Tory said in a statement that he was “shocked and heartbroken” to learn of the deaths.

“I hope that investigation will be able to provide answers for all of us who are mourning this tremendous loss,” he said.

“I am beyond words right now,” Ontario health minister Eric Hoskins said in a tweet. “Wonderful human beings, incredible philanthropists, great leaders in health care. A very, very sad day.”

The couple were known as generous donors to Toronto Jewish organizations.—With Reuters

A message from our editor-in-chief Jodi Rudoren

We're building on 127 years of independent journalism to help you develop deeper connections to what it means to be Jewish today.

With so much at stake for the Jewish people right now — war, rising antisemitism, a high-stakes U.S. presidential election — American Jews depend on the Forward's perspective, integrity and courage.

—  Jodi Rudoren, Editor-in-Chief 

Join our mission to tell the Jewish story fully and fairly.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.