Toronto billionaire couple found dead at their home

Toronto billionaire couple found dead at their home

"The circumstances of their death appear suspicious and we are treating it that way", Hopkinson said at a news conference held outside the couple's home.

Sherman founded Toronto-based Apotex 1974 with two employees, transforming into the largest Canadian-owned pharmaceutical company, CTV reported.

Toronto Mayor John Tory said in statement he was "shocked and heartbroken" to learn of the deaths, noting that the couple had made extensive contributions to the city.

'Our condolences to their family & friends, and to everyone touched by their vision & spirit, ' Prime Minister Justin Trudeau wrote on Twitter.

According to Forbes, Sherman, 75, was the 12th richest man in Canada and ranked 660th among world's billionaires, with an estimated net worth of $3.2 billion, as recorded in March 2017.

Hopkinson said police received a call at 11:44 a.m. on Friday about a "medical complaint" and police, fire and paramedics went to the home.

"Until we know exactly how they died we treat it as suspicious and once a determination has been made with the pathologist and the coroner then we move forward from there", Const. David Hopkinson told reporters on Friday evening.

The address where the bodies were found was recently listed for sale for $6.9 million.

Police said homicide investigators are involved in the case, though the deaths have not officially been classified as homicides.

A Toronto police source told The Globe and Mail their bodies were found Friday, seated on the edge of their basement lap pool, hanging from a railing that surrounded the pool. Honey Sherman was a board member of several institutions: York University, the Baycrest Foundation and Mount Sinai Hospital.

Police did not say who made the call, while the National Post reported that the bodies were initially discovered by a real estate agent, who came to the couple's luxury mansion, which is now up for sale. They also had close ties to the Jewish community as they donated roughly $50 million to the United Jewish Appeal - a Jewish philanthropic umbrella organization that later changed its name to the Jewish Federations of North America.

The couple had four children. "Wonderful human beings, incredible philanthropists, great leaders in health care".

"At this point we are not now seeking a suspect", Toronto police homicide Det. A very, very sad day.

Apotex sells 260 generic drugs in more than 115 countries, raking in annual global revenue of $1.5 billion.

The couple had become known in Canada for their philanthropy, and their deaths sent shock waves through the country's political elite.

Mrs Sherman sat on the boards of several hospital, charitable and Jewish foundations, and last month was awarded a Senate medal for community service.

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