AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Cord Cooper
3 In 1961, Jim Pattison bought a Buick-Pontiac dealership in Vancouver, British Columbia, with a $40,000 bank loan. All his assets were pledged as collateral.
Today, the privately held Jim Pattison Group, based in Vancouver, spans eight industries and brings in more than $3.8 billion a year.
Included in his portfolio: the Ripley's Believe It or Not franchise, 14 car dealerships, export and financial services, 20 radio stations and three TV outlets.
That's just for openers.
Pattison's News Group is one of North America's largest periodical distributors. His consumer-goods retail unit leads the market in western Canada. And his signage firm services clients in North and Latin America, Asia and Europe.
He grew the firm by acquiring "beat-up businesses" in hot industries, assembling top management teams and "working long hours," he said.