This article tells the story of Jim Pattison, a billionaire entrepreneur who made his fortune in various industries such as radio, television, and retail. The story focuses on one of Pattison’s earliest homes, a small yellow house by the beach that he lived in when he was first starting out.
Here are some key points from the article:
- Pattison’s early life: Pattison and his wife moved into the yellow house in the 1950s. They were not wealthy at the time and had to be frugal.
- The house as a symbol of modest beginnings: The house is seen as a reminder that even successful people like Pattison started out from humble beginnings.
- Pattison’s business savvy: Pattison has been involved in several business ventures, including buying the house next door to his current home and renovating it.
- The sale of the yellow house: The city of West Vancouver is trying to find a new owner for the yellow house after Pattison donated it. The asking price is $1 (yes, one dollar!).
- Pattison’s views on the economy and real estate: Pattison is optimistic about the economy and thinks that Vancouver real estate will continue to be in demand due to its unique location.
Overall, this article provides a glimpse into Pattison’s life and business career, as well as his thoughts on entrepreneurship and the economy.