Who is Loretta Ann Rogers?
She is a Canadian billionaire and widow of Ted Rogers. He founded Rogers Communication. She was born at 13 April 1939. She married Ted Rogers in 1963. They had one child: Edward S. Rogers III.
Rogers Communications is a Canadian communications and media company. The company is active in Internet, cable television and wireless phone communication.
The company was founded by Ted Rogers in the 1960’s. When he was just a student he bought a local radio station in Toronto. Within a few years he was also active in cable television.
Rogers Communication grew into one of the largest media companies in Canada. The company now realizes annual sales of US$ 14 billion. And has more than 25,000 employees.
Rogers is owner of the Toronto Blue Jays Baseball Club. Her son Edward S. Rogers III is chairman at Rogers Communication.
Loretta Anne and the Rogers Family are active philanthropists. Through their Ted Rogers Scholarship Fund. They support youth entering their first year of post-secondary education.
In 2017 Rogers Communication donated $64 million to various charitable organizations across Canada. In 2014 the Rogers family donated $130 million to create the Ted Rogers Centre for Heart Research. (Ted Rogers died of heart failure).
Loretta Anne Rogers Net Worth
Her net worth is estimated at US$ 8 billion. The Rogers family owns 27% of the equity of Rogers Communications. They have 91% of the voting power through their Rogers Control Trust.