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Eugene Melnyk is a Canadian businessman who has resided in Barbados since February 1991. He is the current and sole owner, governor, and chairman of the Ottawa Senators professional ice hockey franchise of the National Hockey League (NHL). He is the founder, former chairman, and CEO of Biovail Corporation which was acquired by Valeant Pharmaceuticals. Canadian Business magazine ranked Melnyk 79th with a net worth of $1.21 billion on its 2017 list of Canada's 100 wealthiest people. He is also one of the richest residents of Barbados and has been referred to as the "Worst Sports Franchise Owner in North America".