Jay S. Hennick Net Worth

Jay S. Hennick has an estimated net worth of $2.6 billion, according to Forbes Real-Time Billionaires, Jay S. Hennick profile (figures as of October 20, 2026). That is up from $2 billion in 2022.

Jay S. Hennick is a Canadian business leader in real estate finance and services. He is the CEO and largest shareholder of Colliers, and the founder, chairman, and largest shareholder of FirstService. His business story started early. At 15, he worked as a summer lifeguard at an apartment complex. That job gave him the idea for his first company. Forbes estimated his wealth at $2.6 billion on its real-time billionaires tracker on October 20, 2026.

In 1972, while still a teenager, Hennick borrowed $1,000 from his father and started a small commercial swimming pool management business. In 1989, he turned that operation into FirstService by combining it with the College Pro Painters franchise system. He took FirstService public on the Toronto Stock Exchange in 1993. In 2010, he merged FirstService with Colliers, and in 2015, Colliers became a separate publicly traded company on NASDAQ.

How Jay S. Hennick built his fortune

Hennick made his money by building and expanding companies tied to property services and real estate. His first business handled commercial swimming pools and staffing. That early company later became part of FirstService, a broader real estate services business. He launched that next phase in 1989, while still working as a corporate lawyer. The move gave him a platform to grow through acquisitions, public markets, and larger service lines.

A major part of his wealth comes from ownership and leadership stakes. He is the CEO and largest shareholder of Toronto-based Colliers, and he also remains the founder, chairman, and largest shareholder of FirstService. The companies were linked for years. After FirstService merged with Colliers in 2010, Colliers was later spun out in 2015 as its own public company on NASDAQ. Hennick & Co. also holds stakes in Haventree Bank and BV Realty.

Forbes net worth timeline

Forbes put Hennick on its World’s Billionaires list in 2022 with a net worth of $2 billion. The next year, Forbes estimated $1.7 billion. In 2024, that figure moved to $1.9 billion. Those changes tracked the value of his holdings in businesses tied to real estate and services, especially Colliers and FirstService, where his ownership and leadership roles are central to how his fortune is measured.

On the 2025 World’s Billionaires list, Forbes returned to $2 billion. In 2026, the annual list rose to $2.8 billion. Later that year, Forbes' real-time billionaires tracker showed $2.6 billion in October 2026, and that was also the current figure on October 20, 2026. Across those estimates, the main driver stayed the same: his large equity position in Colliers, along with his interests through FirstService and Hennick & Co.