Pierre Lassonde - Billionaire Mining Tycoon - Gold Telegraph

GOLD TELEGRAPH CONVERSATIONS #2: BILLIONAIRE PIERRE LASSONDE.

"The gold price will ultimately be decided not in the United States, but in the East." - Pierre Lassonde

Mining legend and tycoon Pierre Lassonde joins me for a compelling conversation, sharing insights and incredible career stories. Pierre Lassonde is a businessman, mining tycoon, and philanthropist. In 1982, he co-founded Franco-Nevada, revolutionizing the mining industry with the royalty and streaming business model. Under his leadership, Franco-Nevada became the world’s leading gold-focused royalty company. Today the company has a market cap of nearly $25 billion in US dollars. In 1998, Pierre Lassonde was inducted into the Canadian Mining Hall of Fame, and in 2002, he was honored as a Member of the Order of Canada. Beyond his business achievements, he is a dedicated philanthropist. In our conversation, we dive into riveting stories from the early days of Franco-Nevada, where Pierre and his partner Seymour Schulich took bold, game-changing risks. One unforgettable tale is their first royalty purchase—a daring $2 million deal that emptied their treasury but turned into a legendary success, generating over $1 billion and unearthing a staggering 50 million ounces of gold. It’s a true testament to visionary thinking and the rewards of fearless decision-making. Other topics we cover include: • Geopolitics • Resource Nationalism • Trade Wars & Tariffs • The Outlook for Gold Over the Next Four Years • BRICS • The East’s Rising Influence on Gold Pricing • Canadian Pension Funds • Empires ...and much more!