Eugene Melnyk, one of Canada’s richest men, has passed away. He was one of the most praised businessmen in the country. Learn what we know about him.
Eugene Melnyk, the owner of the Ottawa Senators, died after an illness, the organization said Monday night. He was 62 years old.
Melnyk’s death was revealed by the club in a statement from his family, which referenced “a disease he confronted with resolve and fortitude.”
How Did Eugene Melnyk Die?
Ottawa Senators owner Eugene Melnyk has died at the age of 62 due to an illness.
Melnyk’s death was revealed by the club in a statement from his family, which referenced “a disease he confronted with resolve and fortitude.”
The team did not disclose any information on the sickness. Melnyk had a liver transplant in 2015 after a public push to find a living donor.
Melnyk has owned the Senators since 2003 when he paid $92 million for the NHL team.
The Senators reached the Stanley Cup Final under his ownership in 2007, and a conference final in 2017.
It is with great sadness that the family of Eugene Melnyk and the Ottawa Senators hockey organization announce his passing on March 28, 2022 after an illness he faced with determination and courage. https://t.co/MrHsTvu7sz pic.twitter.com/DOZrJcD26e
— Ottawa Senators (@Senators) March 29, 2022
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What Was Eugene Melnyk Net Worth?
Eugene Melnyk did not update details about his net worth after 2017, at that time he was valued at 1.21 billion dollars.
We guess he was much richer before his death than in 2017.
Melnyk was rated 79th on Canadian Business magazine’s 2017 list of Canada’s 100 wealthiest individuals, with a net worth of $1.21 billion.
He was one of Barbados’ wealthiest inhabitants. He was the founder, former chairman, and CEO of Biovail Corporation, which was formerly Canada’s largest publicly listed pharmaceutical firm, with annual revenue of more than C$1 billion.
Forbes magazine ranked the Ottawa Senators as the NHL’s twenty-sixth most valuable franchise in December 2020, with a value of US$450 million.
Statement from NHL Commissioner Gary Bettman on the passing of Eugene Melnyk. https://t.co/PaRTa5LXiF pic.twitter.com/oLAO8KqCBS
— NHL Public Relations (@PR_NHL) March 29, 2022
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Eugene Melnyk Wife And Children Details
Eugene Melnyk didn’t share any information leading to his wife . However, he shared he was a proud father of his two children Olivia and Anna.
Melnyk was born on May 27, 1959, in Toronto, Ontario, to Ukrainian parents. He was both a Canadian citizen and a Barbadian resident.
Melnyk’s family and the Ottawa Senators confirmed Melnyk’s death on Twitter on March 28, 2022, owing to an unidentified illness.
He was also a philanthropist through the Senators Community Foundation, where he invested moreover $100 million in local charities and community projects that benefit children and youth around the capital region.
Melnyk was also the primary supporter of Anna House, a child-care center in Belmont, N.Y., and Roger Nielson House, a pediatric palliative care hospital in Ottawa named after a beloved former coach.