Jim Pattison, Canada's third-richest man, has a reported net worth of $5.9 billion.
But Pattison wasn't always worth billions — his net worth is even more impressive considering his beginnings. He was born during the Great Depression and grew up poor, wearing hand-me-downs and living in "Vancouver's gritty east side."
Pattison began practicing the art of business at age 7, selling seeds door-to-door. He eventually progressed to selling newspapers and playing trumpet at church picnics.
In 1961, Pattison bought a GM dealership with a C$40,000 Royal Bank of Canada loan — he still has the financial statements.
next slide will load in 15 secondsSkip AdSkip AdIt was the beginning of The Jim Pattison Group, a conglomerate of more than 200 companies across 85 countries that generates C$10.1 billion in annual sales (US $7.75 billion).
It spans a variety of industries, including packaging, food, lumber, fisheries, billboards, and entertainment, a division that includes Great World Lodge, Guinness World Records, and the Ripley's Believe It Or Not! chain.
Pattison also controls more than 40% of Canfor, a publicly-traded forest products company, and has a big stake in Westshore Terminals Investment Corp., a coal export facility.
His latest venture is Pattison Agriculture, comprised of John Deere equipment dealerships.
With such a hefty fortune from his business successes, Pattison seems to have mastered the balance of frugality and lavish spending. He stays on the down low, but knows how to indulge.
next slide will load in 15 secondsSkip AdSkip Ad"Most of the time, I didn't have the money to buy anything that was any good, so I had to buy stuff that nobody wanted," Pattison told Bloomberg.
He keeps his wheels modest, driving a Toyota Ram 1500 Laramie truck around his hometown. The pricing for the 2019 model ranges from $31,695 to $56,495.
But Pattison doesn't always get around so casually — he also owns five jets, including a Dassault Falcon 900 that seats up to 19 people. However, they're all used for business.
By water, he gets around on his $25 million, 150-foot yacht Nova Spirit. Princess Diana and Oprah have both been on board.
And like many billionaires, Pattison also has an extensive real-estate portfolio, which includes an office condo in Vancouver and a property in Palm Springs previously owned by Frank Sinatra.
next slide will load in 15 secondsSkip AdSkip AdWhen asked by a Bloomberg reporter whether he takes vacations, Pattison replied, "Well, I get 365 days ... If you like your work, it's not work."
Pattison is also known for investing in memorabilia. In 1985, he bought a Rolls Royce once owned by John Lennon for C$2.3 million (US$1.74 million). At the time, it was the world's most expensive used car. He later donated it to a museum.
He paid US$5 million for the gown Marilyn Monroe wore in 1962 while singing "Happy Birthday" to then-President John F. Kennedy. Displayed in Ripley's venues across North America, the publicity has generated a lot of money for the company.
Pattison is also generous. His charitable foundation, The Jim Pattison Foundation, donated $12.5 million in 2016.
Pattison has a history of donating to Canada's healthcare system — he's given away more than $35 million to various hospitals including Vancouver General Hospital, Lions Gate Hospital, Surrey Memorial Hospital, and Victoria's Royal Jubilee Hospital.
next slide will load in 15 secondsSkip AdSkip AdAnd in 2017, he donated $75 million to St. Paul's Hospital Foundation to build the Jim Pattison Medical Centre.
As he once said, "I was always brought up to give up 10% of what I made, and I always have."