Daryl Allan Katz was born on May 31,1961 and is a Canadian billionaire businessman and philanthropist.
23 Facts About Daryl Katz
2.
Daryl Katz Group owns the Edmonton Oilers, and led the development of Rogers Place and the Ice District.
3.
Daryl Katz's father was a pharmacist who founded Value Drug Mart in Edmonton in the 1970s.
4.
Daryl Katz attended the Jewish day school, the Edmonton Talmud Torah during his elementary years and then graduated from Jasper Place High School.
5.
Daryl Katz then attended the University of Alberta, graduating with an arts degree in 1982 and with a law degree in 1985.
6.
In 1991, in a partnership with his father, Daryl Katz paid $300,000 for the Canadian rights to the US-based Medicine Shoppe drugstore franchise which had over 1,000 stores in the USA.
7.
In 1992, they opened the first Medicine Shoppe store and Daryl Katz founded the Daryl Katz Group of Companies which was to become the holding company for the group.
8.
In 1996, Daryl Katz purchased the storied but fading Rexall drugstore chain in Canada which at the time, only consisted of several dozen stores.
9.
The business grew and by 1998, the Daryl Katz Group consisted of 80 Rexall stores, 30 Medicine Shoppe outlets, and a few smaller independent retailers.
10.
Daryl Katz reportedly retains a small circle of highly paid executives who run Daryl Katz Group.
11.
Rexall Pharmacy is run from Ontario, while other subsidiaries of Daryl Katz Group maintain private headquarters separate from Daryl Katz Group itself.
12.
In 2004, Daryl Katz purchased the naming rights for ten years to the new $45-million Rexall Centre, a 12,500-seat tennis and entertainment complex on the campus of York University.
13.
Daryl Katz Group sold its network of approximately 460 outlets to McKesson Corporation in 2016 for C$3 billion.
14.
In May 2007, Daryl Katz made a $145-million bid to buy the Edmonton Oilers franchise, which the owners of the team, the Edmonton Investors Group, quickly rejected, stating the team was not for sale.
15.
On December 12,2007, Daryl Katz made an offer of $188-million to the EIG.
16.
On January 28,2008, Daryl Katz increased his offer to $200 million and extended the acceptance deadline to February 5,2008, at which time Daryl Katz was notified by the EIG that all its members agreed to sell the Oilers to him, pending league and financial approval.
17.
On June 18,2008, Daryl Katz received the final OK from the National Hockey League to purchase the Edmonton Oilers, and then on July 2,2008, he was officially announced as the owner of the Edmonton Oilers during a Press Conference at Rexall Place, where he was presented with an Edmonton Oilers Jersey with the number "08" and his last name patched onto the back.
18.
In June 2014, Daryl Katz Group announced that Bob Nicholson would join the organization as Vice-Chairman of Oilers Entertainment Group, a new sports and entertainment company that would manage the Daryl Katz Group's growing family of sports and entertainment assets, and operate Rogers Place, the new home of the Edmonton Oilers.
19.
Daryl Katz has said he bought the Oilers because he saw Edmonton's need for a new arena as an opportunity to be the catalyst for the revitalization of Edmonton's downtown core.
20.
In October 2006 Daryl Katz announced a $7 million donation to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences and Faculty of Law.
21.
Daryl Katz has given "millions" to the Stollery Children's Hospital in Edmonton, as well as supporting public events.
22.
In 2019, the Oilers Entertainment Group released a statement confirming that Daryl Katz has been suffering from a life-threatening, antibiotic-resistant bacterial sinus infection.
23.
Sportsnet hockey analyst John Shannon tweeted that Daryl Katz carried an IV bag around-the-clock during Edmonton Oilers' playoff run in 2017.