Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian-born philanthropist Ignat Kaneff passes away in Canada

Ignat Kaneff
Photo: BGNES

Canadian businessman of Bulgarian  descent Ignat Kaneff has passed away at the age of 93, his family has announced. His wealth is estimated at USD 1.2 billion. Kaneff was born on October 6, 1926 in the village of Gorno Ablanovo, Ruse district. He was one of 7 children in the family of Hristo Kanev and Mita Kaneva. Ignat Kaneff could not afford to complete school and left Bulgaria at the age of fourteen, moving to Austria. Later, he settled in Toronto where he started to work in the construction sector. Kaneff was among the largest businessmen in Canada’s construction sector. The Bulgarian-born philanthropist donated large sums mainly for educational and health purposes. In 2012, he donated USD 1.5 million for the construction of a modern conference complex at Angel Kanchev University of Ruse.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Highway E-75 passing via Belgrade (illustrative photo)

Bulgaria's Foreign Ministry warns of traffic problems in Serbia on E-75

A 7-hour blockade of the Gazela Bridge in Belgrade has been announced from 11:00 to 18:00 on Sunday, February 9, the Ministry of Foreign Affairs informed. The bridge is part of the international road E-75. The Bulgarian authorities recommend that..

published on 2/9/25 11:01 AM

Indian-Bulgarian business chamber: We need import of workers from India

The demographic crisis is one of the biggest problems in Bulgaria and its solution depends on whether the country will continue to grow economically in order to reach an equal standard with the rest of EU member states . The only possible solution for..

published on 2/9/25 9:45 AM

Sun over the mountains, rain and snow over the Black Sea coast

On Sunday there will be significant clouds in the morning over most of the Danube Plain, but around midday the clouds will disperse and the weather will be predominantly sunny. Over the Eastern parts of the country there will be clouds, with light..

published on 2/8/25 6:05 PM