Homicide investigators take lead in Sherman case, cause of death released
Posted Dec 17, 2017 09:09:15 PM.
This article is more than 5 years old.
Toronto Police say billionaire Barry Sherman and his wife Honey died from “ligature neck compression.”
Police released a statement on Sunday officially identifying the couple as the two people found dead in a Toronto home on Friday.
Police have called the deaths suspicious and said homicide investigators have taken the lead on the case.
Police were called to the Shermans’ home in an upscale neighbourhood of north Toronto just before noon on Friday in response to a “medical complaint.”
Police said previously indicated that there were no signs of forced entry into the home and that they were not seeking any suspects.
Barry Sherman founded Toronto-based Apotex Inc. in 1974 with two employees and gradually turned it into the largest Canadian-owned pharmaceutical company.
Along the way he amassed a vast fortune, recently estimated by Canadian Business magazine at $4.77 billion, making him the 15th richest person in the country.
Along the way he amassed a vast fortune, recently estimated by Canadian Business magazine at $4.77 billion, making him the 15th richest person in the country.
Honey Sherman was a member of the board of the Baycrest Foundation and the York University Foundation. She also served on the boards of Mount Sinai’s Women’s Auxiliary, the Simon Wiesenthal Center and the International American Joint Distribution Committee.
The Shermans were among Canada’s most generous philanthropists and also organized funding of charitable causes through the Apotex Foundation. The couple made numerous multi million-dollar donations to hospitals, schools and charities and had buildings named in their honour.
