BARRY ZEKELMAN • Net Worth $3 Billion • House • Yacht • Private Jet • Zekelman Industries

Name:Barry Zekelman
Net Worth:$3 billion
Source of Wealth:Atlas Tube
Born:March 1, 1967
Age:
Country:Canada
Wife:Stephanie Zekelman
Children:Daughter
Residence:Windsor, Canada
Private Jet:Gulfstream G550 (N501ZK) (sold)
YachtMan of Steel

A Look at the Life and Career of Barry Zekelman

Barry Zekelman stands as one of the notable figures in global industry, recognized as a Canadian billionaire and an influential business tycoon. Born on March 1, 1967, Barry, along with his brothers Clayton and Allan, inherited a burgeoning empire known as Atlas Tube. He shares his life journey with his wife, Stephanie Zekelman.

Key Takeaways:

  • Barry Zekelman is a Canadian billionaire and co-owner of Atlas Tube, a company that grew under his leadership from 5 to 2,000 employees.
  • After selling Atlas Tube to the Carlyle Group, the Zekelman family repurchased the company and rebranded it as Zekelman Industries in 2016.
  • Beyond his business successes, Barry Zekelman is known for his philanthropy and political involvement in both the United States and Canada.
  • Barry Zekelman’s net worth is estimated at $3 billion, and he owns a vast portfolio of assets including a luxury yacht, a business jet, and a large real estate portfolio.

The Rise of Atlas Tube and Zekelman Industries

The Zekelman siblings inherited Atlas Tube upon their father’s passing in 1986, taking charge of a company that at the time had only 5 employees. Under their stewardship, Atlas Tube witnessed substantial growth, reaching over $1 billion in sales with a workforce of 2,000 employees.

Atlas Tube’s trajectory led to a merger with JMC Steel and eventual acquisition by the Carlyle Group in 2006 for $1.2 billion. In an interesting turn of events, the Zekelman family repurchased the company in 2011, later rebranding it as Zekelman Industries in 2016.

Today, Zekelman Industries operates numerous subsidiaries and brands, including Western Tube, Hayes Modular, and Picoma. The company takes pride in manufacturing the world’s largest size ranges of HSS and pipe pile through Atlas Tube. With manufacturing facilities spread across the United States and Canada, Zekelman Industries caters to a wide array of sectors including construction, energy, and infrastructure.

Philanthropy and Political Involvement

Barry Zekelman’s influence extends beyond the business world. He is known for his philanthropic endeavors, contributing generously to causes in healthcare, education, and community development. His political interests are as broad as his charitable ones, with Zekelman supporting political causes and candidates across both the United States and Canada.

Barry Zekelman’s Net Worth and Assets

Barry Zekelman commands an impressive fortune, with his net worth estimated at around $3 billion. His extensive assets include Western Tube Hayes Modular, the luxury yacht named MAN OF STEEL, a business jet, and a sizable real estate portfolio, reflective of his business acumen and successful ventures.

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Sources

https://en.wikipedia.org/wiki/Zekelman_Industries

https://www.zekelman.com/

https://www.forbes.com/profile/barry-zekelman/

Barry and Stephanie Zekelman


Yacht Man of Steel


He is the owner of the Oceanco Man of Steel Yacht. She was built as Seven Seas for film producer Steven Spielberg.

The superyacht can accommodate 12 guests in 6 suites. She has a crew of 26. The yacht is powered by 2 MTU engines. These bring her a top speed of 20 knots.  Her cruising speed is 14 knots. Her range is 4,750nm.

Zekelman has owned many yachts all named Man of Steel, including two Heesen yachts.

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