Paul Desmarais Jr.
Paul Desmarais Jr. is a prominent Canadian businessman and the chairman of Power Corporation of Canada, a diversified management and holding company. He is known for his strategic leadership within the company and his role in overseeing significant investments in various sectors, including financial services and media. Desmarais Jr. has played a key role in guiding Power Corporation's growth and direction, particularly in fostering partnerships and investments in innovative companies, such as Wealthsimple, which recently achieved a $10-billion valuation.
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Paul Desmarais Jr. is the chairman of Power, the parent company of one of Wealthsimple's investors.
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