Death Of Toronto Billionaire, Wife May Have Been Murder-Suicide

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Sat, Dec 16 - 7:42 pm EDT | 10 months ago by
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Police are now treating the mysterious deaths of a Toronto billionaire and his wife as a possible murder-suicide, with investigators seeking to determine whether there were any circumstances that could have caused the pharmaceutics magnate to end his life in such a tragic fashion.

Barry Sherman was the chair and chief executive of Apotex, Canada’s largest generic drug producer. He and his wife, Honey, were found dead in their home on Friday by the real estate agent who had just helped them list their home for $6.9 Canadian ($5.4 million USD).

Their bodies were discovered hanging from a railing that surrounded a pool in their basement, the Globe and Mail reported. Police believe that Sherman killed his wife, hung her body from the railing, and then killed himself by hanging at the edge of the pool.

Despite the prevailing hypothesis that the incident was a murder-suicide, the Sherman family has called on police to conduct a “thorough, intensive and objective criminal investigation.”

“Our parents shared an enthusiasm for life and commitment to their family and community totally inconsistent with the rumors regrettably circulated in the media as to the circumstances surrounding their deaths,” they said in a statement.

“We are shocked and think it’s irresponsible that police sources have reportedly advised the media of a theory which neither their family, their friends nor their colleagues believe to be true.”

Barry and Honey Sherman, 75 and 70, had four children and had just welcomed a new grandchild. She sent an email on Monday to a group of friends who were planning to visit Florida later this month asking them to confirm their dates of travel.

Canadian Prime Minister Justin Trudeau took to Twitter to offer condolences on behalf of him and his wife Sophie, writing that they are “saddened by news of the sudden passing of Barry and Honey Sherman. Our condolences to their family & friends, and to everyone touched by their vision & spirit.”

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