Canadian billionaire offers $35 million for information to catch parents’ killer five years later

The son of murdered billionaires Barry and Honey Sherman has increased the reward to CA$35 million for information that can help authorities find and arrest his parents’ killer.

“The closure will not be possible until those responsible for this evil act are brought to justice,” Jonathon Sherman told CBC Toronto in announcing the increased reward.

“This immeasurable pain is felt every day as I realize that my own two children will never have the privilege of meeting my parents who made my husband and me their lives possible,” he continued. “My parents deserved to enjoy the fruits of their labor and spend their twilight years the way grandparents should, with their family.”

“I still miss my parents more than I can describe and I am forever haunted by what happened to them.”

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Police found the Shermans dead at their mansion in North York, Toronto on December 15, 2017. The couple were found with belts around their necks and handcuffed to the railing of their pool.

In this October 15, 2017 photo provided by the United Jewish Appeal through Canadian Press, Barry and Honey Sherman pose for a photo in Toronto, Canada.

In this October 15, 2017 photo provided by the United Jewish Appeal through Canadian Press, Barry and Honey Sherman pose for a photo in Toronto, Canada.
(AP/United Jewish Appeal Federation – Greater Toronto/Canadian Press)

Barry Sherman, 75, founded the generic drug giant Apotex. The Shermans had an estimated net worth of between $5 billion and $10 billion.

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Investigators initially believed the deaths were a homicide-suicide but later found they were victims of a “targeted” double homicide, according to The Guardian. The latest lead came last year when investigators asked for help identifying a “person walking” on the sidewalk who they believed was “highly suspicious”.

Police were called to the Sherman mansion in north Toronto on Friday.

Police were called to the Sherman mansion in north Toronto on Friday.
(Reuters)

Despite this apparent breakthrough, police have not been able to identify the man, but remain hopeful he is linked to the killings. The individual is between five feet six inches and five feet nine inches tall, but other features remain unknown.

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The surviving family members originally offered a $10 million reward for information leading to the killer’s capture, but five years later they are increasingly desperate for answers.

Canadian Business magazine recently estimated his worth at CA$4.77 billion (US$3.65 billion), making him the 15th richest person in the country.

Canadian Business magazine recently estimated his worth at CA$4.77 billion (US$3.65 billion), making him the 15th richest person in the country.
(Reuters)

Toronto Police remain “committed to solving this case and bringing closure to the couple’s friends and family.”

Jonathon Sherman asked anyone with relevant information to contact the Toronto Police Department at [email protected] so they can close the case.

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