Frank Baylis Net Worth, Career, Highlights, Age & Family Life

Frank Baylis, born on November 15, 1962, in Montreal, Quebec, has established himself as a prominent figure in both the business and political arenas of Canada. At 62 years old, his journey from an engineer to a successful entrepreneur and influential politician exemplifies dedication, innovation, and leadership.

Early Life and Education

Raised in a family that valued perseverance and hard work, Frank is the son of Richard Baylis, an immigrant from the United Kingdom, and Gloria Baylis, originally from Barbados. His mother, a pioneering nurse and entrepreneur, founded Baylis Medical Company in the early 1980s, laying the foundation for the family’s business legacy. Frank, alongside his siblings Dr. Françoise Baylis, Dr. Peter Baylis, and Dr. Penny Baylis, was encouraged to pursue excellence in their respective fields.

Frank’s passion for problem-solving led him to the University of Waterloo, where he earned a Bachelor of Science in Electrical Engineering in 1986. This technical background became instrumental in his future endeavors, particularly in the medical technology sector.

Building Baylis Medical Company

In 1989, Frank joined Baylis Medical Company, initially established by his mother as a small medical device distribution firm. Recognizing the potential for growth and innovation, he transitioned the company from a distributor to a developer and manufacturer of proprietary medical devices. Under his leadership as President from 1989 to 2015, Baylis Medical became an internationally recognized entity specializing in interventional cardiology and pain management devices.

A significant milestone was achieved in October 2021 when Baylis Medical’s cardiology division was sold to Boston Scientific for a remarkable $1.75 billion. This strategic move not only underscored the company’s value in the global medical landscape but also significantly enhanced Frank’s personal net worth, estimated at $700 million as of 2025. Despite this sale, Frank continues to lead as the Executive Chairman of Baylis Medical Technologies, focusing on advancements in interventional radiology and neurology.

Political Career and Public Service

Frank’s success in business seamlessly transitioned into a career in public service. In the 2015 federal election, he was elected as the Member of Parliament for Pierrefonds—Dollard, representing the Liberal Party. During his tenure, he served on the Standing Committee on Industry, Science, and Technology, where his expertise in engineering and business provided valuable insights. Additionally, he chaired the Canada—United Kingdom Inter-Parliamentary Association, fostering international relations and economic partnerships.

Choosing not to seek re-election in 2019, Frank returned to his entrepreneurial roots. However, his commitment to public service remained unwavering. In January 2025, he announced his candidacy for the leadership of the Liberal Party of Canada, aiming to bring innovative economic reforms and technological advancements to the forefront of national policy.

Personal Life and Legacy

Beyond his professional achievements, Frank is a dedicated family man. Residing in the West Island of Montreal, he is married and has three children. The values instilled by his parents, particularly his mother’s trailblazing efforts in healthcare and social justice, continue to influence his approach to leadership and community involvement.

Frank’s journey reflects a harmonious blend of entrepreneurial spirit and public service. His contributions to medical technology have revolutionized patient care, while his political endeavors aim to shape a prosperous future for Canada. As he continues to lead and innovate, Frank Baylis stands as a testament to the impact of visionary leadership in both business and politics.

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