He is currently one of the main billionaires in his country, when he inherited the company had only 5 employees.
Currently, ATLAS TUBE is the international leading steel tube factory company and hollow structural profiles in general, in addition to pilot products. Its owner, Barry Zekelmanhe inherited with his brother this company that had been founded by his father Harry Zekelman. At the time of Harry’s death, the company had only 5 employees.
Under his direction Atlas Tube experienced substantial growth, reaching more than one billion in sales with a workforce of 2000 employees. In this way, he came to merge with JMC Steel. In addition, it was acquired by the Carlyle group in 2006 for the figure of 1.2 million dollars. But in 2011 the Zekelman family replied the company and renamed industries Zekelman.
Atlas tube
Who is Barry Zekelman
Barry Zekelman was born on March 1, 1967 in Windsor, Ontario. He went to school in that same city and then attended his university studies at York University, in Toronto. In 1986, he interrupted his studies because of his father’s death. At that time, both his and his brother’s life changed forever. They had to take care of the Atlas Tube company.
Under the command of both, it grew from a value of 1.5 million dollars in 1986, to 1.2 billion dollars in 2006. In October of that year, the Carlyle Group announced the fusion with Atlas Tube Inc., and thus created the largest steel tubes manufacturing company in all America. Anyway, In 2011 they repurred the company, in 2016 to call it Zekelman Industries.
On the other hand, the influence of Barry Zekelman extends beyond the business world. He is known for his philanthropic efforts, generously contributing to causes related to medical care, education and community development.
How much is the fortune Barry Zekelman
At present, according to the Forbes site, the heritage of Barry Zekelman, the 58 -year -old Canadian, is from 3.4 billion dollars. It is in 949 position among billionaires around the world.
Source: Ambito
