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Canada: Death of a Billionaire

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By Euronews
Canada: Death of a Billionaire

<p>The mysterious death of a pharmaceuticals billionaire and his wife in Toronto is now being investigated by homicide detectives.</p> Police reports say Barry and Honey Sherman, both in their seventies, died of “ligature neck compression.” <p><blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Toronto is abuzz about the deaths of Barry and Honey Sherman, who were known for making a fortune in the tough business of generic drugs, and giving a lot of it away to charity <a href="https://t.co/afIowJGeTt">https://t.co/afIowJGeTt</a></p>— New York Times World (@nytimesworld) <a href="https://twitter.com/nytimesworld/status/942595799665532929?ref_src=twsrc%5Etfw">December 18, 2017</a></blockquote><br /> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> <p>The couple were found hanging from a railing by the side of their pool on Friday by a real estate agent.</p> <p>Police have said there was no sign of forced entry to the home, which is listed for sale at C$6.9 million ($5.4 million).</p> <p>The case has dominated the Canadian news, with employees, friends and leading politicians expressing shock.</p> <p>The Globe and Mail, Toronto Sun and Toronto Star reported Saturday that police were operating on the theory that Barry Sherman had killed his wife and hanged himself.</p> <p>A statement issued late Saturday on behalf of the Shermans’ four children criticized that idea.</p> <p>“We are shocked and think it’s irresponsible that police sources have reportedly advised the media of a theory which neither their family, their friends nor their colleagues believe to be true,” the statement reads. <br /> “We urge the Toronto Police Service to conduct a thorough, intensive and objective criminal investigation,” it said.</p> <p>Barry Sherman founded Apotex Inc in 1974 and built it into one of the world’s biggest generic drug makers, making him one of Canada’s richest people.</p> <p>But despite his immense wealth he lived a relatively modest life, preferring to give much of it away to charity.</p>