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Toronto billionaire, wife found dead in possible murder-suicide

Toronto billionaire, wife found dead in possible murder-suicide

Toronto billionaire, wife found dead in possible murder-suicide

A Toronto billionaire and his wife were found dead in their mansion Friday in what police are investigating as a murder-suicide, according to reports.

Apotex founder Barry Sherman and his wife Honey were first identified by Ontario health minister Eric Hoskins.

A Toronto police source said the bodies were found hanging from a railing at the edge of the couple’s basement pool, The Globe and Mail reported.

Investigators suspect that Mr. Sherman killed his wife, hung her body and then hanged himself at the pool’s edge, a police source said, The Globe and Mail reported.

Pharma mogul, wife discovered dead inside Toronto home

NARCH/NARCH30 MNDTY CANOUT 3TP

Honey and Barry Sherman, Chairman and CEO of Apotex Inc., were found dead in their home Friday. Police are investigating the deaths as a murder-suicide, according to reports.

(STRINGER/REUTERS)

Police have thus far been tight-lipped as they are in the early stages of an investigation into the deaths, Const. David Hopkinson said.

“The circumstances of their death appear suspicious and we are treating it that way,” he said at a news conference held outside the couple’s home.

Apotex confirmed its founder’s death in a statement Saturday.

One of two bodies is removed from the home of billionaire founder of Canadian pharmaceutical firm Apotex Inc.

One of two bodies is removed from the home of billionaire founder of Canadian pharmaceutical firm Apotex Inc.

(Chris Helgren/REUTERS)

“It is with profound sadness that we announce the unexpected passing of our founder, Dr. Bernard C. Sherman, Chairman of the Board of the Apotex Group of Companies, at the age of 75, and his wife Honey Sherman,” the statement read.

It described the pharmaceutical firm’s evolution from a two-person enterprise to a global health care organization employing more than 11,000 people around the world.

“Despite the increasingly global scope of Apotex, Dr. Sherman remained committed to Apotex’s Canadian roots with more than 6000 employees and 21 facilities across the country,” the statement read.

Police outside of the home of billionaire founder of Canadian pharmaceutical firm Apotex Inc., Barry Sherman and his wife Honey, who were found dead under circumstances that police described as "suspicious."

Police outside of the home of billionaire founder of Canadian pharmaceutical firm Apotex Inc., Barry Sherman and his wife Honey, who were found dead under circumstances that police described as “suspicious.”

(CHRIS HELGREN/REUTERS)

Sherman was also recognized for his philanthropy through the Apotex Foundation which has donated more than $50 million to charitable organizations and community groups over the last 10 years.

Hoskins called the couple “dear friends” and “wonderful human beings.”

“I am beyond words right now,” he wrote in a tweet. “Incredible philanthropists, great leaders in health care. A very, very sad day.”

The bodies were found in a home that was recently listed for sale for $6.9 million Canadian (US$5.4 million). Neighbors confirmed the property belonged to the Shermans.

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Toronto billionaire, wife found dead in possible murder-suicide

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