largest gold company. At the time, bankers and the establishment viewed him as "a fugitive and a loser," according to Munk. Munk was also founder, chairman, and CEO of Trizec Properties (formerly TrizecHahn Corporation), one of the largest American real estate investment trusts. In 2006, Trizec Properties was sold to Brookfield Properties in a transaction valued at approximately $9 billion. In 2007, Munk invested with partners in Porto Montenegro, a former naval base on the Adriatic Sea, turning it into a superyacht destination to rival Cannes and Monte Carlo. He was the majority shareholder of Montport Capital, which owned the centrepieces of the complex, Porto Montenegro Marina and Resort. He developed the site on the Bay of Kotor, putting Montenegro on the map for high-end tourism. In 2016 Munk sold the marina and hotel to Investment Corporation of Dubai, a sovereign wealth fund, for an undisclosed amount, believed to be about 200 million euros. Barrick Gold In 1980, Munk created Barrick Petroleum to invest in the oil sector, but he quickly realized that investments in this sector were ruinous. After the acquisition of a small company, Camflo Mines, Barrick left the oil sector and became overnight a mining company. In 2011, Munk planned to merge with Glencore, Ivan Glasenberg's company, to create one of the world's largest commodities giants on par with BHP and Rio Tinto. The gold market was not aligned with Glencore's other activities, however, and the deal did not go through. In 2008, Munk, as the chair of Barrick Gold, intervened at the shareholder meeting to block a proxy shareholder, who had travelled from Papua New Guinea for the meeting, from speaking about her reports of deadly violence and sexual violence perpetuated by Barrick Gold's security contractors at Porgera Gold Mine. By 2016, Barrick had proven and probable reserves of two billion tons (1.33 grams of gold per tonne of ore). It is the world's largest gold mining company and the largest Canadian company by capitalization. Munk retired from the day-to-day management but he remained the founder and President Emeritus. "Barrick is my legacy," Munk said. Charitable contributions In 1992, the Peter and Melanie Munk Charitable Foundation was founded. It has disbursed more than $300 million to a variety of organizations that work to improve the health, education and international reputation of Canadians. In a speech he delivered in September 2017, on announcing a $100 million donation