Jean Coutu

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Name
Jean Coutu
Net Worth
3.3 Billion USD
Birth Date
29 May 1927
Age
97
Country
Canada
City
Montreal
Business
Fashion & Retail
Organization
Jean Coutu Group (PJC) Inc. (Cl A)
Position
Chairman

Jean Coutu, born on May 29, 1927, in Montreal, Canada, is a highly respected Canadian billionaire known for his entrepreneurship in the pharmaceutical industry. He founded the Jean Coutu Group, a leading pharmacy retail chain in Quebec and one of the largest in Canada.

The Jean Coutu Group was established in 1969 and quickly grew under Coutu's leadership to become a prominent player in the Canadian pharmacy sector. The company operates under several banners, including Jean Coutu, Brunet, and Metro Pharmacy, offering a wide range of pharmaceutical products, health and beauty items, and healthcare services.

Coutu's strategic vision and commitment to customer service have been integral to the success of the Jean Coutu Group. His emphasis on professionalism, quality products, and personalized patient care has earned the company a strong reputation for reliability and excellence in the pharmacy retail industry.

In addition to his achievements in business, Jean Coutu is known for his philanthropy and community involvement. He has supported various charitable initiatives in healthcare, education, and community development, demonstrating his dedication to giving back to society.

In 2018, Jean Coutu sold his pharmacy chain to Metro Inc., marking a significant milestone in his career and in the Canadian retail landscape. Despite stepping back from day-to-day operations, Coutu remains a respected figure in Canadian business circles and continues to be involved in philanthropic activities.

Jean Coutu's entrepreneurial spirit, business acumen, and commitment to community service have left a lasting legacy in Canada's pharmacy industry. His contributions have not only shaped the retail landscape but have also made a positive impact on the lives of Canadians through accessible healthcare services and charitable support.

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