Our Founding Donors

Peter and Melanie Munk

THEIR EXTRAORDINARY Vision

Photo of Peter and Melanie Munk in Black and WhitePeter and Melanie Munk are two of the world’s leading philanthropists. Their gift of $35 million for the Munk School of Global Affairs is the largest single individual gift in the history of the University of Toronto. The Munks’ latest gift brings their total support to the university to a remarkable $51 million.

Peter Munk is the Founder and Chairman Emeritus of Barrick Gold Corporation, the world’s largest gold producer. He was born in Hungary and graduated from the University of Toronto in 1952 (B.A. Sc., Electrical Engineering). Mr. Munk has an Honorary Doctor of Laws (1995) from the University of Toronto. He and Melanie Munk were each given an Honorary Doctor of Sacred Letters from Trinity College at the University of Toronto in 2004.

He has received numerous awards, including being named as an Officer of the Order of Canada in 1993. In 2008 he was promoted to Companion of the Order of Canada. The most prestigious level of the Order, this recognition is given to Canadians who have demonstrated the highest degree of merit to Canada and humanity, on the national or international scene.

“Over many years, the vision and generosity of Peter and Melanie Munk have nurtured the emergence of a major new academic thrust in global affairs here at the University of Toronto. Their latest gift—a truly remarkable benefaction—will lift the Munk School to global significance. It also reinforces Canada’s new position as a confident interlocutor in the conversation between the current and emerging world powers.”

– Dr. David Naylor, Former University of Toronto President


 

ABOUT PETER MUNK

Peter Munk is the founder and Chairman Emeritus of Barrick Gold Corporation. He is nationally and internationally recognized as a distinguished business leader, entrepreneur and philanthropist. Since founding Barrick in 1983, Mr. Munk and his management team have built it into the world’s largest gold mining company, and one of Canada’s leading global corporations.

Under Mr. Munk’s leadership, Barrick grew rapidly, achieving an industry leading position in just 25 years and a strong reputation for excellence. Mr. Munk is also co-founder and a director of TriGránit Development Corporation in Budapest, one of the leading property developers in Central Europe. Prior to founding Barrick, Mr. Munk was Chairman and Chief Executive Officer of Southern Pacific Hotel Corporation, the largest hotel and resort chain in Australasia in the 1970s.

As a business leader and philanthropist, Mr. Munk supports a range of charitable causes. He has made significant contributions to support world-class education, improve health care facilities and advance public policy. These include funding to establish a leading centre for international studies at the Munk School of Global Affairs at the University of Toronto, the Peter Munk Cardiac Centre in Toronto, and the Centre for Research, Innovation and Technology at Technion University in Israel.

Mr. Munk was made an Officer of the Order of Canada in 1993, and was promoted to Companion of the Order of Canada in 2008, the country’s highest civilian honour. In 2002, he was presented with the Woodrow Wilson Award for Corporate Citizenship, becoming the first Canadian to receive this prestigious award. Mr. Munk has received many other honours, including honorary doctorates, and inductions into the Canadian Mining Hall of Fame and the Canadian Business Hall of Fame. He was also the recipient of the Queen Elizabeth II Diamond Jubilee Medal in 2012, and in 2016 was awarded the Commander’s Cross with Star of the Order of Merit of the Republic of Hungary. Mr. Munk has lived in Toronto, Canada for most of his life, having graduated in Electrical Engineering from the University of Toronto in 1952.

Public Honours:

Youngest Canadian to speak to the Canadian Club, 1963
Canada’s Mining Man of the Year, 1993
Officer of the Order of Canada, 1993
Inducted into the Canadian Business Hall of Fame, 1997
Canadian International Executive of the Year Award, Canadian Council for International Business, 2000
Inducted into the Canadian Mining Hall of Fame, 2002
Woodrow Wilson Award for Corporate Citizenship, 2002
International Distinguished Entrepreneur Award, Asper School of Business, University of Manitoba, 2008
Companion of the Order of Canada, 2008
Business Leader of the Year, Ivey Business School, University of Western Ontario, 2010
Lifetime Business Achievement Award, Canadian Council for the Americas, 2011
Canadian Club Lifetime Achievement Award, 2011
CIBC Mining Man of the Year, 2011
Queen Elizabeth II Diamond Jubilee Medal, 2012
Commander’s Cross with Star of the Order of Merit of the Republic of Hungary, 2016
Outstanding Philanthropist Award, 2016

Academic Honours:

Honorary Doctorate, Upsala College, New Jersey, 1991
Honorary Doctorate, University of Toronto, 1995
Honorary Doctorate, Bishop’s University, Quebec, 1995
Distinguished Lecturer, James Gillies Alumni Lecture, York University, Toronto, 1995
Honorary Doctorate, Concordia University, Montreal, 1999
Honorary Doctorate, Technion-Israel Institute of Technology, Haifa, Israel, 2001
Honorary Doctorate, Trinity College, University of Toronto, 2004

 



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