Canadian billionaire Tim Hortons co-founder Ron Joyce has died

Feb 1 2019, 6:06 pm

The Canadian billionaire who co-founded the now-global Tim Hortons coffee chain has died at age 88.

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Ron Joyce died at the Joseph Brant Hospital (JBH) in Brampton, Ontario, and the hospital said they announced his death with “profound sadness.”

In 1964, Joyce invested in the first Tim Hortons donut shop in Hamilton and then grew the business into one of the most successful food service chains in the world.

“We would like to extend our heartfelt condolences to Mr. Joyce’s family and the many
people whose lives were made better by Mr. Joyce’s philanthropic support,” JBH said. “His generosity has been felt across the country in education, healthcare, and children’s charities.”

Condolences and words of thanks poured out on social media upon news of Joyce’s passing.

More to come…

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