| Birth Day | May 29, 1927 |
| Birth Place | Canada |
| Age | 96 YEARS OLD |
| Birth Sign | Gemini |
| Net Worth: | $2.5 Billion |
| Gender: | Male |
Jean Coutu, a prominent figure in the business world, has made quite a fortune over the years, with his net worth estimated to reach an impressive $3 billion by 2024. As one of the richest billionaires in Canada, Coutu's success can be attributed to his role as the founder of Jean Coutu Group, a major pharmaceutical company. Throughout his career, he has demonstrated exceptional business acumen, leveraging his expertise and vision to build an empire in the healthcare industry. With his wealth continuously growing, Jean Coutu's influence and impact resonate not only in Canada but also on a global scale.
In 1969, he started the first drugstore, and gradually developed it into a massive pharmaceutical group, which currently holds a network of over 400 franchised drugstores in Canada. Moreover, in 2007, Coutu sold his Eckerd and Brooks brands to Rite Aid, a U.S. drugstore chain, for $3.4 billion, which brought him 20% stake of Rite Aid that made Coutu its major shareholder. In 2012, the group's revenues raised up for almost 5% from the previous year, which brought a profit of $ 2.8 billion.
Today, Coutu serves as the Chairman, while his son Francois is the President and CEO of the group. In addition, this 86-year-old pharmacist supported the Quebec Association of pharmacists-owners, and the Foundation Marcelle et Jean Coutu, a charitable foundation committed to fighting poverty. This charity is dedicated it causes related to the fight against poverty and the promotion of the well-being in populations where they have a very low economic status. Among his greatest innovations and one life inventions was to build a complete functional online service that gave the opportunity to the thousands of his customers to arrange drug quantity and prescription renewal from the comfort of their own phones, a system established in Quebec.
