Suspicion | The Billionaire Murders: The hunt for the killers of Honey and Barry Sherman - S2 The Billionaire Murders | E4 King and Queen
Episode Date: April 21, 2023Barry Sherman the Generous, the Brilliant, the Tough Negotiator. Honey Sherman the Ferocious, the Brave, the Fundraiser. It was love at first sight in the ‘70s and together they raised a family and ...built a business. Honey’s roots were in the Holocaust and Barry’s in a family where the men died young. Audio: UJA Federation of Greater Toronto, Sherman Funeral
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I don't think any person can be a happy person of the successful life and doesn't give back to the communities.
That's Barry Sherman. He's sitting beside Honey, they're both on high back directors chairs.
This was filmed October 11th, 2017, two months before the murders.
It was part of a plan to honor the Sherman's philanthropy, including the millions they poured into
the Sherman campus, a community in millions they poured into the Sherman campus,
a community and sports complex in the north end of Toronto.
The screen behind them is brilliant white.
It's like the Sherman's are floating.
Here's honey, the child of Holocaust survivors,
explaining how she sees their position in the community.
No matter how much any individual does,
no matter how significant or not it may be, each
individual is a thicker or a thinner thread, but nonetheless only a thread in the greater
landscape.
And so we are thrilled.
We're very fortunate to be part of the great landscape that Toronto provides us, that
Jewish Toronto provides us.
We're very lucky.
It's a nice moment for a couple that didn't have many public moments like this.
Honey reaches over from time to time, straightening Barry's tie,
tucking it neatly inside the brown suit he wears to most events.
After Barry finishes the story, she gives him a playful nudge.
Now, you've got to sit up straight and you've got to pull down your jacket.
Honey's in prompt to remarks draw a chuckle from the film crew.
Barry laughs too, a deep laugh and you can tell they're having fun talking about their passion, charity.
For decades Honey and I have both felt the commitment to do what we could for the community.
We decided to divide up the responsibility. She does all the community service work.
She's in chair, just whatever.
And my time has better spent doing what I can to try
to earn money so I can write the checks.
So that's how we've divided it.
I'm quite affordable.
Very affordable.
She's a...
The video would be shown at a United Jewish
Appeal event after their deaths to honor the
couple referred to as the king and queen of Jewish philanthropy in Toronto.
From the Toronto Star, I'm Kevin Donovan, and this is the billionaire murders, the hunt killers of Honey and Barry Sherman.
Having seen the crime scene photos, I find it disconcerting to watch their faces in this
video, so animated, so full of life.
Honey's wearing a crisp white shirt with a big collar, a black jacket and a pearl choker
around her neck.
I can't help but imagine the terror they went through in their final moments.
Their friends say they think Honey would have fought like hell.
Harry Rudomsky, Barry's lawyer, said he probably would have told his attacker,
if he had the chance, what you're doing is a logical.
It makes no sense.
The difference in their personality was spelled out by their son Jonathan at the funeral.
Like Yang and Yang, they completed a circle that encompassed everything important about what it means to be human.
Neither one perfect, but together, wholly balanced and exceptional.
One may have been soft, calm, brilliantly logical, staunchly atheist and unconditionally loving and proud. While the other may have been firm
intensely energetic, brilliantly gregarious, silently spiritual and unconditionally honest
and caring, but together they were everything, imperfect.
You were like a lock and a key, each pretty useless on your own.
But together, you unlocked the whole world for yourselves, and for us, and for so many
others.
In a later episode, I'll tell you about my interview with Jonathan in his freezing cold garage. for so many others. in their own right, though it may not have seemed that way in the early days.
And people didn't notice him. He was physically a slow sluggish, was the word, one of the teachers called him a butterball. And in those days, I'm probably saying now that the younger the grades,
the more being playing the game gets you better marks or whatever. He wasn't that, he never did that.
So the higher he went in education, the higher he rose.
That's Joel Alster, Barry's oldest and best friend. Joel is tall, wiery, thick gray
hair and a neatly trimmed beard. He's 80 years old now, but stays in shape cycling and
being active, traveling the world
with his husband Michael in search of good theater.
He was Barry's first business partner, and they laid the plans for their future while
in high school at Forest Hill Collegiate in Toronto in the 1950s.
The neighborhood they grew up in is near where Barry and Honey were going to build their
mansion decades later.
We sit in class, week made up names for companies joled by enterprises we had, we wanted to be in
business together, we both wanted to be in business. Barry's father, Herbert, ran a zipper
manufacturing firm, and he had a small piece of the ownership. Herbert sometimes brought young Bernard,
he wouldn't pick up the nickname Barry until he was older, to the plant and put him to work, filling boxes with zippers.
Barry was twice as fast as the adult employees.
His father would sometimes check the count, and this upset Barry, he didn't like his work
question.
When Barry was 10, Herbert died suddenly in his office of a massive heart attack.
Sarah, Barry's mother, went to work as an occupational
therapist and took in borders to support Barry and his sister Sandra. It could get chaotic at home,
so Barry spent a lot of time at Joel Ulster's place, even joining them on family trips. Joel
noticed something about his friend that he believed set Barry apart from other people.
Nobody knew how smart he was. He was the smartest person I ever met in my life.
You know, he could go through layers and layers and layers and keep focused on it,
at which I could never do. There were no sports in Barry's life, and at that time, no girls.
He finished high school with the highest marks of anyone in Ontario,
but he almost didn't graduate due to a failing
mark in Jim class. Joel, ever the loyal friend, found the gradebook and changed Barry's score to
a passing mark. Freed from high school, Barry and Joel enrolled at the University of Toronto.
In those days, students had to play a sport. Joel and Barry hit on ping pong. As to academics, Joel pursued law
first, then accounting, looking for something to click. Barry chose engineering science and graduated
top of his class. Next step would be MIT and Massachusetts. Barry was planning to be a rocket scientist
for NASA, but during the summer, he worked for his uncle Lou Winter, his mother's brother.
Lou was a pioneer in the generic pharmaceutical business.
This would both start Barry on the journey of his life and plant the seeds of a vicious
battle that would end just a week before the murders.
Meanwhile, in another part of Toronto, his future life partner was beginning her own journey,
and just like Barry, Honey was a slow starter.
We were very close girlfriends, we used to go out a lot together.
Brian A Steiner, at the time, Brian A Fishman, met Honey when they were in their teens.
They went to teachers' college together, on double dates, and took trips.
Honey was a night owl, not a morning person. So I thought I picked her up on a friend's, it's a Saturday at noon. She just got
it up and then I had to sit there and wait. Well she had a cup of tea for breakfast and
two turtles. It was always the same breakfast. A cup of tea...
It was like the... Candy. She always had on a Saturday morning if I picked her up, a cup
of tea and two turtles. and she was very precise.
She'd take her tea bag and swirl it around.
Always.
It always amazed me.
No toast, nothing.
A cup of tea and two turtles.
The stories of Sherman dietary habits are legion.
Barry and his Swiss chalet rotisserie chicken, crackers, and processed cheese, honey with
her diet coke and turtles, pec crackers, and processed cheese, honey with her diet
coke and turtles, pecans and caramel dipped in chocolate.
What Brina really liked and admired about honey was how bold she was.
And then when we went to New York, and this is where honey was fearless, we met somebody,
some guys in the lobby who invited us to a party in the hotel.
I said, I'm not going, we don't know who they are. We could wind up dead.
We're going. I said, no, I'm not going. She forced me what we lived to tell the tale.
But in a million years on my own, I would have gone.
She was not afraid of anything. They could have been mass slurders and she would go.
Honey was down for anything. I said, honey, slurders and she would go. Honey was down for anything.
I said, Honey, we don't know who they are. It doesn't matter we're going. I was probably shaking
in my shoes, but she dragged me. Once Honey got going, she was unstoppable. It was Honey who pulled them out of one teacher's
college and got them into another she thought was better.
Now all of Honey's friends told me she had a big personality. She could be abrasive, controlling.
She'd snap at waiters, order people around. I think her upbringing had a lot to do with
that. Her home life wasn't easy. Quiet father and a mother who, some describe as a tyrant, nasty
at times, usually to honey's younger sister Mary.
Honey would stick up for her sister, intervene, shoulder the verbal abuse.
Given what their parents, Natulian Helen Reich endured, this behavior is understandable.
Both were in Nazi slave camps during the war.
After liberation, they were moved to a displaced persons camp in Austria, where honey was born.
In the UJA video, honey tells the story of how they ended up in Toronto.
My parents were actually supposed to get off the train once they landed in Halifax and put on a train,
they were supposed to actually go to Winnipeg.
And thanks to what was the precursor to Giais, the Jewish Immaculate Service, they, someone
who spoke Yiddish and our Polish, came on the train and said, get off here.
We will give you a job, we will give you a home, and we will take care of you."
Honey's parents opened a small shoe store in the west end of Toronto. Mary recalled the tough times
in a cramped house when she spoke at the funeral. When we were really young, Honey and I didn't know
we were poor. When we got rich, our parents bought a house and rented out every square inch of it. Our house
and there was a front room, with a piano in it, we didn't realize it was really a hall.
Then there was a kitchen, like people have kitchens, and then there was our bedroom,
and then there was our bedroom, but we didn't know it was a hallway with two fold of pots, and we never forgot that. It was a chance encounter that brought
Honey and Barry together. Barry's best friend Joel Ulster was married with
children by the early 1970s. Joel would eventually leave Cindy for Michael, Remarry, and start a new life. But back then, he was living busy days, little kids running
around and working with Barry, a hard taskmaster. Cindy, Joel's wife, was a nurse and she met
a candy striper volunteer at her Toronto hospital, Honey Rike. An introduction was made, and
Barry and Honey started dating. Here's
Mary at the funeral.
I remember when I first met Barry, and he was standing in our kitchen, and I looked at him,
and he ignored me, and he there he was, reading the paper, like I wasn't there, being
Barry. And all I could think of is my sister's going out with this.
Like, what's the deal?
And then over time, I saw that he was this brilliant, wonderful, kind man.
Barry would do a master's and a PhD at MIT in record time.
His focus was on satellite technology.
But a cascade of family health issues would wrench him away from a planned job in NASA and
back to Toronto.
First, it was his aunt Beverly, Lou Winters' wife.
She was diagnosed with leukemia.
To pay for school, Barry had been working the summers at Luz Company, Empire Labs. Generic drugs, cheaper versions of drugs originally formulated by big pharma companies, were just
starting to take hold in the market.
When Uncle Luz took Beverly to permuta to convalesque, Barry had a chance to flex his business
muscles during a summer stint, negotiating a key contract to supply the active ingredient
for the generic version
of aspirin.
He also figured out a way to boost production.
Here's how Barry described this in his unpublished memoir, A Legacy of Thoughts.
Uncle Lu was very pleased with what I had done.
Although I did not know it at the time, these summers at Empire Laboratories would later
prove to be of critical importance
to my future career.
Back at school the next year, Barry received devastating news.
Uncle Liu had died suddenly.
While at his office, an aneurysm in his brain had burst.
First his father, now Uncle Liu, confirming for Barry what he had always heard about his extended family.
The men die young. Shortly after that, Aunt Beverly died.
Barry juggled his studies, and with best friend Joel Ulster,
said about buying empire labs. He planned to take the generic drug world by storm.
Government and private insurance plans love generics, cheaper drugs, men cheaper payouts.
But there would be bumps in the road.
We'll be right back. He was up and down always with the business with them in the beginning, too.
He said, we're going to be millionaires, and in the next days, they were going to go
bankrupt.
It's funny, hearing Joel speak about Barry's approach to business.
He took bigger and bigger risks as the years went by, betting
he could defeat a drug patent and flood the market with his own product. When, he'd be
up hundreds of millions of dollars, lose, and he might be down half a billion. But when
it came to other risks, well, here's his good friend Fred Steiner.
We went the biggest ones. Brian, honey, and another couple.
Fred had married Brian around the same time
that Barry and Honey married.
The couple spent a lot of time together.
I said, Barry, come here.
I'm gonna show you, you know, you know, black,
well, of course, I said, come here, come to the table.
I said, take out some money.
We're going to, you know, I buy some chips.
Barry takes out a $10 bill, gets a chip,
puts a dollar, $5 to $5, put $10 bill, gets a chip, puts a $5 to $10 down, loses. Okay, that's it.
We were there three days he never gambled again.
He said, gamble every day in business, what do I need this for?
Barry Sherman often said, the best investment he ever made was in Fred's business.
By the early 1970s, Barry and Joel had sold Empire Labs at
a profit, and were on the verge of launching Appetex. Fred was from Detroit, looking to
start a business in Toronto. Barry gave him free office space and said, go find a company,
I'll invest. Fred landed on a coffee service for downtown businesses. This was long before Kuriig and Nespresso.
And Barry was true to his word. Years later, Barry would gift his part of the company
to Fred's son, just one of many examples of quiet behind the scenes generosity. Fred also
had a front row seat, and what he believes was the start, a Barry Sherman's philanthropy.
And I remember once, and I don't know the exact, I couldn't give you details, but it just
always stuck in my mind.
A rabbi call them.
Just to set the scene, Barry and Joel had built a small factory with office space in the
north end of Toronto.
There wasn't a lot of privacy.
The rabbi calls them, somebody that knew them were in, you know, and they're, he says,
excuse me for I gotta take the, yeah, I said, you want me to leave? No, no, no, he's just,
I can't get rid of this rabbi, you know, he wants money, I'm sure.
He gets on the phone, he's talking, yeah, yeah, yeah, yeah, yeah, I can see him thinking and then,
yeah, well, I don't know, and then the conversation is going on for 10 minutes or so. And he says, all right, how much is it?
He must have been told.
He says, all right, he says, I'll give it to you about in one condition.
Don't tell anybody that I gave it.
Don't tell anybody where you got it.
It was for fixing a school bus for handicapped kids. Oh. To repair it.
Stuck with me all that time.
That was the first time I saw anything in terms of his, and he said he didn't want credit.
He didn't want anybody to know that he gave the money.
While Barry worked long hours getting Apatex rolling, Honey taught elementary school.
She'd often drive to Apatex after work, and they'd share a take-out chicken dinner.
The Sherman's wanted to start a family, but a series of miscarriages delayed those plans.
Eventually, Lauren was born in 1976.
But when more miscarriages followed, the Sherman's turned to surrogacy, welcoming Jonathan,
Alexandra, and Kaelin between 1983 and 1990.
When the kids were little, Barry spent a lot of time at work.
Here's Jonathan's description at the funeral.
Our father was an amazing dad.
We clearly knew why our dad wasn't always present.
He was a pretty busy guy. But I can remember literally every single individual
occurrence when my dad did father stuff with me. He would come watch me play hockey or baseball
once every season or two. But those few games were my Stanley Cups and my World Series.
With Barry a confirmed workaholic, it was left to honey to organize daily life.
Here's Jonathan again.
Our mom was an amazing mother.
Every important detail of our early lives was so well managed and with so much care and
competence.
From carpools to medical appointments to after school activities every single day of the week
to summer camp and parent teacher interviews and on and on.
Our mother always had everything taken care.
It was honey who went on trips with the children, joining girlfriends and their kids.
On trips like that, her friends got a real sense of how honey's upbringing and the deprivation her parents suffered shaped her world outlook.
She was a millionaire on the way to being a billionaire, but nothing could go to waste.
On a Colorado ski trip, honey had filled a shopping cart with 10 cartons of tropical
orange juice, a product that at the time was not available in Canada.
She'd also bought too much bread and too many
cheese slices. Here's her friend, Dahlia Solomon.
Now, the next day we are leaving for Denver because we have to drive to get the plane and
we have some orange juice left, some craft cheese, and some white bread.
She wouldn't leave it there.
She took it.
The kids ate it.
This is what she made, cheese sandwiches.
And that's what we ate.
So what I'm trying to say to you is there was never waste.
Dahlia and the late Anita Franklin
spent a lot of time with Honey. They're the golf girls
who were on a driving trip with Honey shortly before the murders. What Anita told me was
that all jokes aside about the over purchasing of orange juice, which apparently gave everyone
canker's source, Honey was an unusually powerful personality.
She was, she was the life, I don't even hire you squinted
Where he was a first that's it. Well you walked into the room and she was a force and I did to be quieter and I just oh
Hello, I'm punish Sherman and she had a wicked sense of humor on that Colorado trip
They took a break from the slopes to go horseback riding here's Dalia
So we go and there's this really, you know, one of these crappy places that you get on these
horses and they were, it was spring and it was mud because we went spring skiing and
they were pretty hairy looking beasts because they'd been out with their winter coats, honey
is on a course.
And so she looks at the guide,
she says, what's the course's name?
So the guide says eight-off.
So honey, it looks like she goes,
if it is going to ask for my paper.
For many people, Barry Sherman's name conjures up images
of a hard-nosed nasty businessman.
The most litigious man in Canada, I've heard that a lot.
Some people theorize that's why he's dead, that big farmer rubbed him out.
But the thing about the generic pharmaceutical business is that since the early 1990s, you
had to go to court if you wanted to try and defeat a brand name drug patent.
That's the law.
Apatex being the biggest generic company in Canada was by definition the most litigious.
Basically the company was a litigation firm that happened to self-farmaceuticals.
And that was Barry's expertise.
He understood the nuances of the law. That's Aubrey Dan. Aubrey's father is
Leslie Dan, Barry's arch rival. Aubrey's company was Nova Farm, the other big Canadian generic.
Aubrey worked at Nova Farm and in later years became close with Barry. They were actually working
on developing a marijuana pill when Barry was murdered. He was smarter than most.
He was smarter than most lawyers.
And he would push it to the edge.
Those who work in pharmaceuticals dismiss the notion that one of the big companies killed
Barry and Honey.
We sue they told me.
We don't murder.
Still, Barry was not known for giving up, and there's no doubt he sometimes went too
far.
Barry Fishman was an executive at two of the big firms, including Teva, the Israeli firm
that bought rival Nova Farm.
Fishman often went head-to-head with Apatex.
Barry was a master at asking for the stars, Hutzpah.
That's maybe the best word that I have to describe Barry.
He had tremendous Hutzpah.
And you know, he would sort of like you think he was going to come back to you with an offer
of X dollars.
He'd come back and say,
I don't want X dollars, I want 10 X dollars.
So he had such amazing ability to just
with a straight face,
throw out a number that was so far from reality.
And at first I'm, it was shocking for me.
Then after I got to know him, I kind
of figured out his negotiation strategy. And I figured there was kind of like a game
of chess for him. He was playing, he was trying to determine three moves ahead, and he was
trying to, you know, kind of at the end of the day he wanted to win. He wanted to leave a transaction as the winner. One thing about the Sherman's, everyone who knew them had a story. There's
Frugal Berry. Here's his lawyer Harry Radomsky speaking about a time before
email when he sent legal bills by mail. He called me up one time and he said, you
know, got a complaint. I said, what's that?
He said, well, he sent me these 10 accounts and 10 different envelopes.
You send them in one, you can save some stamp costs seriously.
It's the only time he's ever complained, ever complained about it.
A bill.
There's persistent honey.
She and a group of friends traveled to India.
Each one had a sort of code
name for what they brought to the trip. One was the negotiator, one was quality control,
honey was a drug dealer because she brought Apatech supplies in case anyone got sick. One
day in the northern city of Varanasi, which is regarded as the spiritual capital of India,
honey told the guide they wanted to go to the Ganges River at night
when families of deceased loved ones burned the bodies.
The guide told them,
don't be ridiculous, you couldn't handle it.
Honey pushed back.
Judy Godleib, a friend in the Sherman's other realtor,
picks up the story.
And this guide said,
well, you might not like it and it's not for you.
Yeah, and you see six women.
And she says, no, we really wanna go tonight.
If you can't take us, we're gonna find somebody to take us.
And as it turns out,
that was probably the most spiritual thing we've done.
And she was the one that insisted.
There's argumentative Barry.
Here's Fred Steiner explaining what happened
if he brought up sports and Toronto's hockey team,
the Maple Leafs.
Barry would get pretty wound up.
If I said sports, he said,
that's the stupidest thing I ever heard.
He said, they're not Toronto Maple Leafs.
He said, there are a bunch of people from here, here, here, and here. They're not true. Why are you rooting for Toronto Maple
Leafs? He said there are a bunch of people from different cities. They're not from Toronto
and he said what makes you want to root for this team over that?
We argue.
Their support of Barry, who went to the wall for his friends and employees. He personally
had Hunter Jeremy decide to be the Apatex CEO years ago, pulling him from a great job and life in England. Jeremy, like Barry,
was a scientist which enhanced their bond. Over time, his new CEO got a chance to see how
different the real Barry Sherman was from the caricature.
We just talked to a big heart, so that people misunderstood him as a litigious, hard-knows, stubborn, aggressive
businessman.
He was a most humble, big-hearted, generous, thoughtful, caring person.
That was all behind the facade that people who didn't know him. We thought totally
ill-positive.
But before Jeremy could even begin at Apatex, his mother was diagnosed with colon cancer.
Jeremy, with no Canadian health insurance, told Barry, he couldn't take the job. Barry said
come, bring your mother, wife, and kids, and he didn't sure she got the best
treatment, and he'd cover all medical expenses.
Jeremy's mom lived only six weeks after they arrived in Canada, but Barry's gesture forged
a bond of loyalty between the two men.
So if you think about it, that took you year of 2003, new job, new country, the
Revenant, the top floor. But I have to say, Barry made it.
Very ex-heat, he... Where do we pinch points or pain points? He took them away from me.
Whatever you have to do, do what you have to do, Geron.
I don't think there's anyone who, on a day-to-day basis for almost 40 years spent more time with
Barry Sherman than Jack K. His second-in-command at Apatex. The door between their offices was
rarely closed.
So I sat there, Barry sat there, and how did we communicate, screened it each other?
How'd that? Not just that, but actually when you lowered your voice, and he would come over, the
everyone I was saying. And I did the same thing.
Jack's not very tall. He's close to his 80s, but he's powerful.
Works out with weights early every morning.
Whenever we get together, I tense up up preparing for that powerful handshake.
He was very different than Barry in so many ways, but they were like brothers.
Jack still tears up five years later thinking about his friend, recalling how in 1983,
Barry tracked him down in Montreal and convinced him to leave a very good job for Apatex
than a struggling firm. I was living in a townhouse in Montreal.
He came to the townhouse.
We talked for two hours.
We shook hands.
Didn't discuss money.
And Barry said, Jack, come work with me.
We'll build Apatex. And we'll make a bit of money and have fun.
But it was something Barry would often say to Jack that when the murder suicide theory
was floated, stuck in his head.
He was grateful that he got into a business and he could make a difference. I mean he used to kill this and say, I can't die Jack.
The world can't get along without me.
I have to live forever.
You've heard how the police misidentified the manner of death as murder suicide, despite
forensic evidence and the statements of people like Jack K.
My question, what else did they get wrong?
Next time, on the billionaire murders.
So you had a dream?
I had many dreams about my father and Barry.
I said, Ben, what are you doing here?
You're going to want to talk to you.
I go Barry.
What the fuck happened to you?
I was going to ask you.
I go Barry, what happened to you? Was on acid? I go, Barry, what happened to you?
For the family, the most perplexing and upsetting aspect of the investigation was the
failure to recognize the obvious that the bodies of Barry and Honey Sherman were staged
post mortem in a very deliberate manner.
Hey, guys, my one-one crawl.
That's what they said.
I'm not a came from my house.
The billionaire murders, the hunt for the killers of Honey and Barry Sherman, is written
and narrated by me, Kevin Donovan.
It was produced by Sean Paddondin, Raju Mudar, Alexis Green, and JP Foso, additional
production from Brian Bradley and Crawford Blair. Sound and music was created
by Sean Pattenden. Look out for my book, The Billionaire Murders, and coming later this
year, The Crave Documentary by the same name. you