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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