By David 
Frank Baylis, at 62 years old in 2025, has built an extraordinary career spanning business, politics, and innovation. With an estimated net worth of $700 million, Baylis exemplifies how vision and perseverance can drive remarkable success. From leading Baylis Medical to making an impact in Canadian politics, he continues to be a key figure in both the business and political landscapes of Canada.
Early Life and Education: The Foundation of Success
Born on November 15, 1962, in Montreal, Quebec, Frank Baylis was raised in a family that valued hard work and innovation. His father, Richard Baylis, was an immigrant from the United Kingdom, while his mother, Gloria Baylis, originally from Barbados, was a pioneering nurse and entrepreneur. Gloria founded Baylis Medical Company in the early 1980s, laying the groundwork for the family’s future business success.
Growing up, Frank was surrounded by accomplished siblings, including bioethicist Dr. Françoise Baylis, Dr. Peter Baylis, and Dr. Penny Baylis. The family later moved to Toronto, where Frank pursued higher education at the University of Waterloo, earning a bachelor’s degree in electrical engineering in 1986. His technical expertise later became instrumental in developing Baylis Medical’s innovative medical technologies.
The Rise of Baylis Medical: A Global Medical Technology Leader
In 1989, Frank joined Baylis Medical, a company started by his mother. Under his leadership, the company transitioned from a small medical distribution business into a global leader in interventional cardiology and pain management. Serving as president from 1989 to 2015, Frank played a key role in shaping the company’s growth.
A pivotal moment in his career came in October 2021 when Baylis Medical’s cardiology division was acquired by Boston Scientific for $1.75 billion. This landmark deal solidified the company’s status in the medical industry and significantly boosted Frank’s net worth, estimated at $700 million by 2025.
Even after the sale, Frank remained committed to advancing medical technology through Baylis Medical Technologies, which focuses on innovations in radiology and neurosurgery.
Political Career: From Business to Public Service
Frank Baylis transitioned from business to politics in 2015 when he was elected as the Member of Parliament for Pierrefonds—Dollard. During his tenure, he served on the Standing Committee on Industry, Science, and Technology, leveraging his business background to contribute to policy discussions.
Additionally, he chaired the Canada—United Kingdom Inter-Parliamentary Association, strengthening international relations and economic partnerships. Although he chose not to seek re-election in 2019, his influence on Canadian policy remained strong.
In January 2025, Baylis made headlines by announcing his candidacy for the leadership of the Liberal Party of Canada. With Prime Minister Justin Trudeau stepping down, Baylis’s business acumen and leadership experience positioned him as a strong contender. His campaign focuses on economic reform, technological innovation, and healthcare improvements—an area close to his heart given his medical industry background.
Personal Life and Legacy
Despite his high-profile career, Frank Baylis remains a dedicated family man. He is married and has three children, with whom he shares his passion for innovation and progress. His mother, Gloria Baylis, continues to inspire him, not only for her contributions to the medical field but also for her landmark legal battle against workplace discrimination in Canada.
Frank’s siblings have also pursued distinguished careers, further cementing the Baylis family’s legacy of excellence. His sister, Dr. Françoise Baylis, is a globally recognized bioethicist, while Dr. Peter and Dr. Penny Baylis have also made significant contributions in their respective fields.
The Future of Frank Baylis: Business, Politics, and Beyond
As Frank Baylis continues his journey in both business and politics, his influence remains far-reaching. His ability to navigate both corporate and political spheres makes him a unique leader, bringing fresh perspectives to Canada’s economic and political landscape.
With a $700 million net worth, Baylis has the financial independence to focus on initiatives that align with his values. Whether in medical technology, policy reform, or political leadership, he is a force to be reckoned with.
His story is a testament to the power of innovation, determination, and a commitment to making a difference. From transforming a family business into a billion-dollar company to shaping the future of Canadian politics, Frank Baylis’s legacy is one of leadership and vision. As he continues to break new ground, his impact on Canada is far from over.