Myron Garron and his wife Berna made headlines with their generous $25-million donation to the IWK Health Centre in Halifax. People wonder if their net worth is in the millions or more than that.
The Garron family, who lost a son, Michael Garron, to cancer in the 1970s, understands how important it is to keep funding research.
Highlights
- Myron Garron started as a ledger keeper and then worked in a higher position at an automobile company.
- Berna Garron worked in the securities department before she met her husband, Myron Garron
- Myron Garron’s net worth could be around $400 million, primarily from his successful ventures in the automotive industry.
Over the years, they’ve donated considerable sums to various hospitals.
Even though Mr. Garron grew up in Westport, he has always stayed connected to Nova Scotia.
They gave $10 million to IWK in 2012, which led to the creation of the Garron Centre at the hospital.
Myron Garron And Berna Garron Worked In The Banking And Securities Sectors Respectively
Myron Garron worked at a bank branch in downtown Toronto in his early days.
Similarly, Berna Garron served in the securities department.
When the duo first met, Myron joked that Berna probably thought he was a bank inspector.
By the time she learned he was just a ledger keeper, it was too late for her to change her mind.
Next, Myron Garron shifted his profession; he and Andrew Dunin built a successful car parts business and owned PMPL Holdings Inc. shares.
In 1998, they restructured PMPL, getting advice that their shares were worth $50 million.
Then, Myron Garron sold his business for $100 million, and the revenue contributed to the Garron family’s $ 50 million donation.
This generous gift is helping the hospital acquire advanced technology for patient care.
After all, Berna Garron looked at her eldest son, Michael, and assured him that he would never be forgotten.
Hence, On December 2, 2015, the hospital’s main campus was renamed Toronto East Health Network (Michael Garron Hospital) thanks to a $50 million donation from Myron and Berna Garron.
Overall, Myron Garron’s net worth could be around $400 million, primarily from his successful ventures in the automotive industry as of 2024
Additional Information
- Michael, the oldest of three brothers, dreamed of becoming a marine biologist and loved both science and drawing.
- The Garrons’ generous donation fulfills a promise, ensuring that Michael will always be remembered and that his name will be connected with caring healthcare in East Toronto.
- Myron and Berna Garron looks like in their early eighties or mid-eighties.
