Charles Wachsberg Net Worth 2026, Estimated Wealth & Sources

Charles Wachsberg's net worth is estimated at between US$11.5 million and US$69 million as of July 2026, with the most plausible mid-range figure landing around US$34.5 million. That estimate is anchored almost entirely to one well-documented event: the January 2022 acquisition of Apollo Healthcare Corp. by French personal-care conglomerate Anjac SAS, which placed an aggregate equity value of approximately C$327 million on the company Wachsberg co-founded and ran as CEO. The exact slice of that value he personally captured depends on his retained rollover equity and any shares he sold at closing, neither of which has been disclosed in full, so the range is wide and honest about that gap.

Net worth estimate at a glance

Last updated: July 29, 2026. All CAD-to-USD conversions use an approximate mid-2026 exchange rate of 1 CAD = 0.704 USD. These figures are pre-tax, pre-liabilities estimates based on publicly documented transaction data and should be treated as informed ranges, not verified wealth statements.

How we built this estimate

Estimating the net worth of a private individual who happens to have run a public company requires working from documented anchors outward. For Charles Wachsberg, the primary anchor is the Anjac transaction: Business Wire, Miller Thomson (the law firm that summarized the deal), and Apollo's own management information circular filed on SEDAR all confirm that Anjac acquired approximately a 70% interest in Apollo Healthcare Corp. at C$4.50 per Class B share, implying an aggregate equity value of roughly C$327 million. Those are hard numbers from primary sources.

The softer number is Wachsberg's personal ownership percentage. The Apollo management information circular (filed November 2021 on SEDAR/Newsfile) confirms that management, including the Wachsberg brothers, retained shares as Rollover Shares after the transaction rather than cashing out entirely. Apollo's consolidated financial statements (available via OTCMarkets) document that Charles and Richard Wachsberg together subscribed for 5,431,996 Class B shares for an aggregate consideration of C$3,694, which reflects a founding-era subscription rather than market value. What the filings do not publish is each brother's exact current ownership split or how many shares each sold versus rolled over in the Anjac deal.

Given that structure, I modeled three scenarios: a conservative case where Charles's net retained stake equals 5% of the company; a mid-range case where the 30% management rollover was split 50/50 between the two brothers (giving Charles roughly 15%); and an aggressive case where he controls the full 30% rollover. The mid-range scenario is the most consistent with what the documents say about a co-founding partnership of equals. On top of that, Wachsberg's recently disclosed insider position in Euro Sun Mining (approximately 1,000,000 shares purchased in July 2026) adds a modest publicly trackable asset, valued at roughly C$140,000 at the time of aggregation by Simply Wall St.

Sources consulted include: the Apollo Healthcare Corp. management information circular (SEDAR/Newsfile, November 25, 2021); the Business Wire announcement of the arrangement closing (January 7, 2022); Miller Thomson's transaction summary (January 9, 2022); Apollo's consolidated financial statements (OTCMarkets PDF); Anjac's press release confirming the majority stake acquisition; GlobeNewswire announcements of Wachsberg's Euro Sun Mining board appointment (May 13, 2026) and the 2026 AGM voting results (June 26, 2026); InsiderTracking's aggregation of SEDI filings showing a July 3, 2026 share purchase; and Simply Wall St's ownership data for Euro Sun Mining. CAD/USD conversion uses an XE historical rate snapshot for July 2026.

Who is Charles Wachsberg? Career biography

Charles Wachsberg is a Canadian entrepreneur best known as the co-founder and co-CEO (later CEO) of Apollo Health & Beauty Care, a private-label personal care and over-the-counter healthcare product company headquartered in Toronto, Ontario. He built the business alongside his brother Richard Wachsberg, and the two grew it from a niche private-label operation into one of North America's largest suppliers of store-brand personal care products. Apollo's client base included major pharmacy chains and mass retailers across Canada and the United States.

Apollo operated under the parent entity Apollo Healthcare Corp., which was publicly listed on the OTC markets, giving it a degree of financial transparency unusual for a company of its size in the private-label sector. The company's filings describe a business model built on manufacturing and distributing products under retailer house brands, a capital-intensive model that benefits from scale. Over the years, Apollo expanded its manufacturing footprint and product range, eventually attracting the attention of Anjac SAS, a French group with significant personal care and hygiene manufacturing operations globally.

The Anjac transaction, which closed January 7, 2022, marked the defining financial event of Wachsberg's career. Anjac acquired a 70% controlling interest in Apollo at C$4.50 per Class B share. Charles and Richard Wachsberg did not exit entirely; they retained Rollover Shares and remained shareholders and co-CEOs of Apollo under Anjac's ownership, signaling ongoing involvement in the business they built. Anjac's own press release confirmed the brothers co-founded the company and would stay on post-acquisition.

In 2026, Wachsberg added a new public role: he was appointed as an independent director and member of the audit committee of Euro Sun Mining Inc., effective May 13, 2026, per a GlobeNewswire announcement. Shareholders ratified his directorship at the company's AGM on June 26, 2026. Euro Sun Mining is a Canadian mining company with gold exploration operations. Wachsberg's appointment, and his disclosed purchase of approximately 1,000,000 Euro Sun shares in July 2026, suggest active engagement in new ventures beyond Apollo.

Career timeline at a glance

Where the money came from: income streams and wealth-building events

The overwhelming driver of Wachsberg's estimated wealth is equity ownership in Apollo Healthcare Corp. As a co-founder, he would have held a substantial ownership position accumulated over decades of building the business, with minimal external dilution given Apollo's structure as a founder-controlled company. The C$4.50-per-share transaction price in January 2022 was the monetization point for a large portion of that accumulated equity, even if he retained some shares as Rollover Shares post-closing.

Beyond the equity event, Wachsberg would have drawn executive compensation as co-CEO and Principal of Apollo over many years. However, the precise salary and bonus figures have not been published in any available public filing, so I cannot put a verified dollar figure on that stream. For a company of Apollo's scale in the private-label sector, executive compensation for a co-CEO and co-founder would typically include a base salary, performance bonuses, and potentially dividends on preferred or common shares, but these remain unconfirmed for Wachsberg personally.

The retained Rollover Shares in Apollo represent an ongoing wealth component whose current value depends on Apollo's performance under Anjac ownership since 2022. Apollo's financials are no longer publicly reported as a standalone entity following the acquisition, so no post-2022 valuation update is available through public channels. This is a meaningful gap in the picture.

The Euro Sun Mining stake, while modest at roughly C$140,000 at mid-2026 trading prices, is a fully disclosed and trackable public market holding. It is the most verifiable single asset in the current picture, even if it represents a small fraction of estimated total wealth. Directorship fees from Euro Sun would also contribute a small ongoing income stream, though specific director compensation at Euro Sun has not been published in the sources reviewed here.

Real estate, private investments, and any philanthropic vehicles operated by Wachsberg have not surfaced in any public filing or press coverage reviewed for this article and are therefore excluded from the estimate. They could meaningfully adjust the figure in either direction.

Major assets and financial milestones

Net worth timeline: how the picture changed over time

Before the Anjac transaction, Wachsberg's wealth was largely illiquid, tied up in private Apollo equity that had no public market trading price. Whatever his ownership stake was worth was theoretical until a buyer emerged. Building a company to the point where a French industrial group values it at C$327 million takes decades of capital allocation, operational risk, and reinvestment. That pre-liquidity period is where the wealth was created, even if it was not yet observable.

January 2022 is the watershed moment in any timeline for Wachsberg's net worth. The Anjac deal closed on January 7, 2022, converting a portion of that illiquid private equity into cash at C$4.50 per share. The exact cash-out for Wachsberg personally is unknown, since we do not have the individual breakdown of how many shares he sold versus rolled over. But even the conservative scenario, which assumes he sold the large majority of his stake, produces an estimated cash realization of over US$11 million. The more probable mid-range scenario suggests a gross realization (between cash received and rolled equity retained) of roughly US$34.5 million before taxes and transaction costs.

Post-2022, the Rollover Shares mean his net worth remains partly tied to Apollo's performance under Anjac. Since Apollo is now a private subsidiary of a French group with no standalone public reporting, there is no way to independently mark that retained equity to market. The value could have grown, stayed flat, or declined depending on Apollo's commercial trajectory from 2022 to today. For estimation purposes, I have held the C$327 million aggregate equity anchor constant, which is conservative if Apollo grew under Anjac and optimistic if it did not.

By mid-2026, the only new verifiable financial data point is the Euro Sun Mining directorship and the disclosed share purchase. These add a modest but publicly documented equity position to the picture. In the absence of new major liquidity events or public filings that reveal updated Apollo valuations, the net worth estimate as of July 2026 is anchored to the same 2022 transaction data with the Euro Sun holding added on top.

Source list and evidence notes

• Apollo Health & Beauty Care company site — confirms Charles Wachsberg as Founder, Co-CEO/CEO and Principal [used for role identification]
• Business Wire, Jan 7, 2022 — 'Apollo and Anjac Announce Closing of Arrangement' — confirms transaction closing, C$4.50/share Consideration [primary transaction source]
• Miller Thomson LLP transaction summary, Jan 9, 2022 — 'Apollo Healthcare completes acquisition by Anjac in C$327 million transaction' — confirms aggregate equity value of C$327M [key valuation anchor]
• Apollo Healthcare Corp. Management Information Circular / Notice of Special Meeting — SEDAR/Newsfile, Nov 25, 2021 — documents 70%/30% transaction structure and Rollover Share mechanism [ownership structure anchor]
• Apollo Healthcare Corp. consolidated financial statements and notes — OTCMarkets PDF — documents co-founder share subscription of 5,431,996 Class B shares for C$3,694 aggregate; notes Wachsberg brothers' significant ownership as at Dec 31, 2019 and 2020 [historical ownership record]
• Anjac SAS press release — 'Anjac acquires majority stake in Apollo and strengthens in North America' — confirms Charles and Richard Wachsberg co-founded Apollo and remained as shareholders and co-CEOs post-transaction [post-deal role confirmation]
• GlobeNewswire, May 13, 2026 — 'Euro Sun Announces Board Changes' — confirms Wachsberg appointed Independent Director and Audit Committee member, effective May 13, 2026 [directorship source]
• Euro Sun Mining company site / 2026 corporate presentation — 'About us' page listing Wachsberg as Independent Director with Apollo Founder/CEO background [bio corroboration]
• GlobeNewswire, Jun 26, 2026 — 'Euro Sun Mining Inc. Announces 2026 AGM Voting Results' — confirms shareholder vote ratifying Wachsberg as director [public vote record]
• InsiderTracking (SEDI aggregator) — Euro Sun Mining insider filings summary — records Wachsberg's initial SEDI filing and July 3, 2026 on-market share acquisition [insider trade record]
• Simply Wall St — Euro Sun Mining ownership/insider holdings page — displays ~1,000,000 share holding; estimated market value ~C$140,000 at snapshot date [aggregated public market data; ESTIMATE for current market value]
• XE Historical Currency Table, USD/CAD, July 2026 — rate of approximately 1 CAD = 0.704 USD used for all USD conversions in this article [FX conversion basis; approximate]
• All net worth scenarios modeled by this site are clearly flagged as ESTIMATES derived arithmetically from the C$327M aggregate equity anchor and the documented 70%/30% transaction structure. They are pre-tax, pre-liabilities, and do not account for subsequent events within Apollo post-2022.

Accuracy, updates, and what these numbers really mean

How accurate is this estimate? The transaction anchor (C$327 million aggregate equity, C$4.50/share) is documented and reliable. The uncertainty is entirely in the ownership percentage: without a disclosed breakdown of how many shares Charles Wachsberg personally sold versus retained, the range between the conservative and aggressive scenarios spans more than US$57 million. That is a big spread, and it is honest. Anyone who publishes a single precise net worth figure for Wachsberg without sourcing the ownership split is filling a gap with guesswork. This estimate range is as tight as the available evidence allows.

How often is this updated? This profile is reviewed whenever new public information becomes available, including SEDI insider filings for any companies where Wachsberg holds a disclosed position (currently Euro Sun Mining), Apollo-related corporate announcements, or any new public company directorship disclosures. The estimate was last reviewed July 29, 2026. If Apollo's retained equity is ever independently valued through a secondary transaction, refinancing, or new public filing, the range here would narrow considerably.

What about taxes and philanthropy? The gross figures above are pre-tax. A significant equity sale in Canada in 2022 would be subject to capital gains tax on the proceeds above the adjusted cost base of the shares. Depending on the original subscription price (the filings record C$3,694 for the brothers' combined founding share subscription, implying an extremely low cost base) the taxable capital gain on any shares sold at C$4.50 would be very large. Post-tax proceeds could realistically be 30% to 50% lower than the gross transaction value depending on applicable tax treatment, timing of gains recognition, and any legitimate tax planning vehicles. Philanthropic giving, which can reduce taxable income in Canada through registered charities, is not documented publicly for Wachsberg and so is neither added nor subtracted from the estimate here.

Uncertainty and limits of the data, a clear disclaimer

This profile is an estimate based on publicly available documents. Charles Wachsberg is a private individual who has not publicly disclosed his personal net worth, individual share counts at the time of the Anjac transaction, post-transaction equity arrangements, personal real estate holdings, private investment portfolio, or any liabilities. The figures presented here are derived from documented corporate events and publicly accessible filings, not from any direct disclosure by Wachsberg or Apollo.

The C$327 million aggregate equity value is a reliable reference point, but it describes the value of the entire company, not Wachsberg's personal share. His actual realized wealth from the 2022 transaction depends on the number of shares he personally held and sold, his adjusted cost base, applicable taxes, transaction fees, and any contractual holdback or escrow provisions that were not publicly disclosed. The Rollover Shares retained post-transaction have no current independent valuation because Apollo is now a private Anjac subsidiary.

Readers should treat the US$11.5 million to US$69 million range as an evidence-based estimate with genuine uncertainty at both ends, not a verified wealth statement. The mid-range figure of approximately US$34.5 million is presented as the most structurally plausible outcome given a roughly equal co-founder split, but it is still an inference.

Visuals and recommended graphics for this profile

This profile benefits from three visual placements. First, a portrait image of Charles Wachsberg (sourced from Apollo's corporate site or Euro Sun Mining's 2026 corporate presentation) should appear near the top of the article, beside or directly after the quick-answer section. Second, a horizontal bar chart showing the three net worth scenarios (conservative, mid-range, aggressive) in both CAD and USD would make the range immediately digestible for readers who skim; this should sit after the scenarios table near the top. Third, a vertical timeline graphic showing the career and financial milestones (company founding, Anjac deal closing January 2022, Euro Sun directorship May 2026, insider purchase July 2026) placed in the net worth timeline section would give casual readers a quick visual scan of how the wealth picture evolved. The major assets table in the milestones section functions as the primary data table and does not need a separate chart.

How Wachsberg compares to other notable Charles figures

Within this site's coverage of Charles profiles, Wachsberg sits in an interesting middle tier: he is not a household name, but the documented transaction evidence puts his estimated wealth in a range comparable to other successful mid-market business founders. For context, other Charles profiles on this site span a wide spectrum. Charles Annenberg Weingarten and Charles Widger represent the philanthropist-investor and wealth-management ends of the spectrum, where fortune-building happened through financial services and inherited media wealth rather than a single industrial transaction. Charles Wahlheim and Charles Weldon represent more niche professional careers where documented earnings are harder to anchor to a single defining event. Charles Wesszer and Charles Winkler round out profiles where public data is similarly limited and estimation requires similar methodology to what we used here. See Charles Wesszer net worth for a comparable profile with similarly limited public data and an evidence‑based estimation approach.

What distinguishes Wachsberg's profile is the quality of the primary anchor: a documented C$327 million transaction with publicly filed terms gives this estimate more structural credibility than profiles that rely entirely on salary benchmarks or industry averages. The uncertainty is in the personal ownership split, not in the transaction value itself. That makes this one of the more evidence-supported estimates in the broader Charles series, even if the range remains wide.

Keep exploring: related profiles on this site

If you found this profile useful, the following Charles Financial Profile pages cover similar territory and use comparable methodology. For a directly comparable estimate, see Charles Winkler net worth, which uses the same documented-anchor methodology and highlights similar disclosure limits. See the Charles Wahlheim net worth profile for a comparable case where professional career earnings, rather than a single transaction, are the primary wealth driver. Charles Annenberg Weingarten's net worth profile examines a very different wealth-building path through media philanthropy and foundation work. Charles Widger's net worth profile covers the wealth management and financial services angle, with a focus on how professional services firms generate founder equity. See the Charles Widger net worth profile for a related example of founder equity in professional services. Charles Wahlheim and Charles Weldon both represent cases where professional career earnings are the primary driver rather than a single corporate transaction. Charles Wesszer and Charles Winkler are profiles where, as with Wachsberg, limited public disclosure means the estimation approach and its transparency matter as much as the headline number. Each profile in this series applies the same documented-anchor methodology and flags estimates clearly, so you can compare both the wealth figures and the confidence levels behind them.