DON WHEATON (1923-2011) • Net Worth $100 Million • Yacht • House • Private Jet • Wheaton Group

Name:Don Wheaton
Net Worth:$ 100 million
Source of Wealth:Wheaton Group,
Born:October 7, 1923
Age:
Death:December 29, 2011
Country:Canada
Wife:Marion Wheaton
Children:8
Residence:Edmonton, Canada
Private Jet:Please send a message if you have any information.
YachtAfter Eight


The Life and Legacy of Don Wheaton

Don Wheaton, a triumphant automotive entrepreneur, laid the foundation for a prosperous business empire in Canada. Born in 1923, he embarked on a lifelong journey that combined personal and professional success. Together with his wife, Marion, they raised a large family of eight children, blending their successful business endeavors with a rich familial legacy. Wheaton’s influential presence in the automotive industry continued until his demise in December 2011 at the age of 88.

Key Takeaways:

  • Don Wheaton was a successful automotive entrepreneur based in Canada who left a significant impact on the country’s automotive industry.
  • Wheaton’s businesses ranged from multiple automotive dealerships to aviation services, insurance, and Canada’s first privately held chartered bank.
  • A prominent philanthropist, Wheaton’s contributions included a substantial donation to the YMCA, which led to the creation

Wheaton’s Automotive Journey

Wheaton’s footprint in the automotive industry started 50 years ago with the opening of the Whyte Avenue location of Don Wheaton Chev Olds. Under his guidance, the family business expanded over the decades to include several automotive dealerships, aviation services, and insurance offerings. The Wheaton family also pioneered Canada’s first privately held chartered bank, further diversifying their business portfolio.

Wheaton’s Philanthropic Endeavors

Besides his commercial success, Wheaton was an active philanthropist. In 2003, he donated a substantial amount of $2 million to the YMCA. This generous contribution enabled the creation of a $26-million downtown facility known as the Don Wheaton Family YMCA.

The Wheaton Group: A Symbol of Success

The legacy of Don Wheaton lives on through the Wheaton Group. This Edmonton-based entity has the distinction of being the largest single group of General Motors dealerships in Canada. The Wheaton Automotive Group retails an extensive range of new and used GMC, Cadillac, Buick, Chevrolet, Honda, Toyota, Kia, and Mercedes vehicles.

Morningstar Air Express: A Leap into Aviation

In 1970, Wheaton further extended his entrepreneurial pursuits by co-founding Brooker Wheaton Aviation Ltd. This venture eventually evolved into Morningstar Air Express in 1992. Initially starting with passenger flights, the company expanded into a Cessna sales and service, corporate jets, and ventured into the aircraft leasing business.

Wheaton Family’s Net Worth

The Wheaton family’s net worth is estimated to be at least $100 million, making them one of the wealthiest families in Edmonton, Canada. The family’s possession of the yacht After Eight further demonstrates their affluence.

Resources

www.wheatongm.com

https://www.donwheaton.com

http://www.wheatonautogroup.com/about-wheaton/

http://www.legacy.com/obituaries/edmontonjournal

http://www.northernmarine.com/151trideck.php

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Yacht After Eight Owner

Don Wheaton


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Wheaton Residence

Wheaton Family Yacht


The yacht After Eight was commissioned by Don Wheaton and built in 2007. As a 46.20m motor yacht, After Eight was skillfully crafted by Northern Marine Co and became the first in their 151 Tri-Deck series.

Designed by the renowned Jonathan Quinn Barnett, After Eight can comfortably accommodate 10 guests and has a dedicated crew of 12. Powered by two Caterpillar engines, she boasts a maximum speed of 21 knots and a cruising speed of 18 knots, providing a range of over 4,000 nautical miles.

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