Seymour Schulich OC (/ˈʃuːlɪk/ SHOO-lik;[1] born January 6, 1940) is a Canadian businessman, investor, author, and philanthropist.
In 1978, Schulich, along with partner Pierre Lassonde, helped pioneer the concept of royalty payments in the mining industry: their Franco-Nevada and Euro-Nevada companies discovered some precious minerals, but their royalty arrangements allowed them to gain ownership stakes in some of the world's most profitable mines.
A $1,000 investment in Franco-Nevada's stock in 1983 was worth $1.2 million in 2002, equivalent to a 40% average annual rate of return.
His philanthropy also extends beyond universities, to the Sunnybrook Health Sciences Centre (Schulich Heart Centre)[12] in Toronto, and outside Canada to the University of Nevada, Reno (Schulich Lecture Hall) and Technion – Israel Institute of Technology.
[14] On October 14, 2011, Schulich announced a $100 million scholarship program targeting students entering the science, technology, engineering and math fields (STEM) in Canada and Israel.