David Sobey Net Worth – David Sobey was a former chief executive and chair of the Sobeys Inc. grocery store chain. He passed away at the age of 92 because of natural causes. The parent company of Sobeys, Empire Co. Ltd. says that David helped the regional players that were built by his father into a national food retailing and distribution business.
David was an incredible retailer, business leader, and mentor according to Empire Chief Executive Michael Medline. David also served as vice-chair and CEO of Sobeys from 1982 to 1986. He also served as chair and CEO from 1986 to 1995.
He also served as chair emeritus of Sobeys. He retired from the Empire Board of Directors in 2015.
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David Sobey Net Worth, Know About Former Sobeys Chief Executive and Chair David’s Net Worth
Now we talk about David Sobey’s net worth and his company’s valuation. David Sobey held the shares of Empire Co Ltd Class B company. His company’s equities is 29,522,077. His company’s valuation is 764,621,794 USD. David Sobey’s net worth is not known but the Sobey family’s net worth is around $2.88 Billion.
On 21 March 2019, the Sobey Family Empire donated $18 million to Saint Mary’s University. This news was announced by David himself at an event at the School in Halifax.
