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Deaths of Canada billionaire Barry Sherman and wife ‘suspicious’

Honey and Barry Sherman at the annual United Jewish Appeal (UJA) fundraiser in Toronto, Ontario, Canada, August 24, 2010Image copyrightReuters
Image caption Honey and Barry Sherman were renowned for their charity fundraising

A Canadian billionaire and his wife have been found dead at their home in Toronto in circumstances that police described as “suspicious”.

The bodies of Barry Sherman and his wife Honey were found in the basement, reports said.

Mr Sherman was the founder and chairman of pharmaceutical giant Apotex, which sells generic medicines around the world.

Deaths of Canada billionaire Barry Sherman and wife ‘suspicious’
Deaths of Canada billionaire Barry Sherman and wife ‘suspicious’

He was one of Canada’s richest men and a prominent philanthropist.

Police gave few details and did not confirm the identities of the deceased. However, they were named locally by friends and by officials who reacted with shock at the news.

Skip Twitter post by @Apotex

We’ve been informed of the tragic news that Barry and Honey Sherman have unexpectedly passed away. All of us at Apotex are deeply shocked and saddened by this news and our thoughts and prayers are with the family at this time.

— Apotex (@Apotex) December 15, 2017

End of Twitter post by @Apotex

“I am beyond words right now,” Ontario’s Health Minister Eric Hoskins said on Twitter.

“My dear friends Barry and Honey Sherman have been found dead. Wonderful human beings, incredible philanthropists, great leaders in health care.”

A police spokesman said emergency services were called to the house just before noon on Friday.

“The circumstances of their death appear suspicious and we are treating it that way,” said Constable David Hopkinson.

Apotex said in a statement: “All of us at Apotex are deeply shocked and saddened by this news and our thoughts and prayers are with the family at this time.”

The couple had four children.

Mr Sherman founded Apotex Inc in 1974 and the firm says it is now the seventh biggest drug maker in the world.

Forbes magazine puts Mr Sherman’s personal net worth at $3.2bn (£2.4bn).

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