Paul Desmarais III

Paul Desmarais III (born 1982 (age 26)) is a Canadian businessperson and philanthropist.

Early life and education
Desmarais was educated at Lakefield College School and earned a Bachelor of Science degree in economics from Harvard College and a Master of Business Administration degree from INSEAD.

Career
After working at Goldman Sachs, Imerys and Great-West Lifeco, Desmarais became Vice-President of Power Corporation of Canada and Power Financial Corporation in 2014. In January 2017, he was named Senior Vice President of both companies. He is Chairman and CEO of Sagard Holdings, Executive Chairman and co-founder of Portag3 Ventures, and Chairman and co-founder of Diagram. Desmarais is involved in financial technology,   especially with Portag3, an investment fund.

In 2019, he was the recipient of the Arnold Edinborough Award (Business / Arts Awards) recognizing his impact on the arts in Canada. In 2000, he was awarded the Duke of Edinburgh's Award (Gold Level).

Personal life
Paul Desmarais III is the son of Paul Desmarais Jr. and the grandson of Paul Desmarais.