Share

Michael Wekerle Bio: Net Worth, Wife, Family

Updated On: 05 Jul, 2018

Michael Wekerle Bio: Net Worth, Wife, Family

Canadian merchant banker Michael Wekerle rose to the fame as being one of the dragon investors on the Canadian reality show, Dragon's Den since its ninth season. He is also a CEO of his merchant banking firm; Difference Capital Inc. Toronto-born businessman is also a sponsor of "Wekfest" and "Wektoberfest."

What's Net Worth Of Michael Wekerle?

Michael Wekerle has gathered the net worth of $100 Million. He acquired his wealth from his career as a merchant banker and television personality. He has been accumulating the fortune as being the CEO and co-founder of Difference Capital Inc since 2012. He also collected the revenue working as the Vice Chairman of Institutional Trading at GMP Securities until August 2011.

As of now, he is residing at his luxurious house at Toronto, filled with precious works of art, guitars from rock 'n' roll icons and a spectacular indoor pool. 

The 54-years-old businessman, Michael has been one of the dragon investors of the Canadian reality series, Dragon's Den since its ninth season. During his time, he starred alongside, Michele Romanow and Manjit Minhas. But he left the show after 12th season.

He also spends time donating to various charities CAMH, Bloorview Kids, Sick Kids Hospital, Mount Sinai Hospital, and Toronto General.

Recovers After Loss Of Second Wife; Started Dating After Divorce

Michael Wekerle went through a deep depression after his second wife, Lea-Anne passed away at the age of 39 in 2010. After the death of his wife, he began to drink heavily. Not only that, his behavior became increasingly erratic over the next several months.

He left his Vice Chairman position from Griffiths McBurney and Partners (GMP) in 2011. But he rediscovered his true self and founded the merchant company, Difference Capital in 2012.

He and his late wife, Lea-Anne are the parents of four kids; twin sons, and two daughters.

Michael met her in 1997. At that time, she was working as the head of sales at the rival firm, Thomson Kernaghan. A week after their first meeting, the couple started dating and also went for dinner, while the Canadian Merchant was still married to his first wife, Patricia.

He divorced Patricia in 2000 to marry Lea-Anne at the same year. Patricia and Michael were high school sweethearts and got married in 1989. After welcoming a daughter and 11 years of married life, the pair parted ways.

Michael's Family; Inspirational Chemist Father

Son of Anthony Wekerle and Hermine Wekerle, Michael Wekerle grew up along with his three siblings sisters named Carolyn, Christine, and Caron. His family has Old World finance roots, as one of the members in his family was finance minister of Hungary and prime minister around the 20th century.

Michael's father was a chemist and also was an import-export businessman. As per theglobeandmail.com, he said that his father was an inspiration to him and his sisters. His dad had the knowledge of commerce and wealthy person in Europe, however, Anthony let his kids start their career from ground zero level without his help.

While Michael mentioned his dad as his inspiration, he also gushed about the love towards his mother.

Michael Wekerle celebrates Mother's birthday on 20 September 2017. (Photo: Instagram)

He celebrated his mother's birthday on 20 September 2017 and also captured the moment, which he uploaded on his Instagram.

Short Bio

Michael Wekerle, 54, celebrates his birthday every year on 17 December. He was born and raised in Toronto, Ontario. He possesses Canadian nationality and belongs to white ethnicity.

He went to York University but dropped out from there and started working as Phone clerk at the Toronto Stock Exchange.