Eugene Melnyk was a Canadian businessman, philanthropist, owner, governor, and chairman of the National Hockey League’s Ottawa Senators and the AHL’s Belleville Senators.
What Is Eugene Melnyk’s Net Worth?
Canadian Business magazine ranked Melnyk 79th on its 2017 list of Canada’s 100 wealthiest people, with a net worth of $1.21 billion. He was one of the richest residents of Barbados.
Melnyk was sued for more than $1 million by Connecticut club Mohegan Sun in July 2019 for a betting question that occurred in 2017.
As the founder and CEO of Biovail Corporation, he made his wealth in the pharmaceutical industry.
He had owned the Senators since 2003 when he paid $92 million for the NHL team. The Toronto native was also active in a number of other enterprises across the country.
Melnyk failed to fulfill a US$900,000 obligation, according to the gaming club, when TD Bank “disrespected” several bank drafts totaling the money.
A resident of Barbados, Melnyk was ranked one of Canada’s wealthiest people by Canadian Business in 2017