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Stephen J. R. Smith (2 June 1951, Ottawa) is a Canadian businessman who is the Executive Chairman and co-founder of First National Financial Corporation. As of November 2023, his net worth was estimated as $3.4 billion.
Biography
Smith graduated with a degree of Electrical Engineering from Queen's University in 1972 and went on to get a Master's of Science in economics from the London School of Economics.
In 1988, he co-founded First National Financial Corporation, the largest non-bank lender of mortgages in Canada. As of 2015, the company had over $90 billion of mortgage loans under administration.
In 2015, he gave to $50 million to Queen's University at Kingston, after which Queen's business school was renamed to Smith School of Business. On November 2, 2023, he paid $100 million for Queen's engineering department to be renamed to the Stephen J. R. Smith Faculty of Engineering and Applied Science.