Ivey was born in
London, Ontario, and he attended
Ridley College in St. Catharines, Ontario. He then earned an
Honours Business Administration (HBA) degree from the
University of Western Ontario (UWO) in 1947. While attending UWO, Ivey was a member of the
Delta Upsilon fraternity and graduated in the same class as his successor as Chancellor, David B. Weldon. Ivey served as Chancellor of UWO from 1980 to 1984, while his father (Richard G. Ivey) had served as Chancellor from 1955 to 1961. In 1947, Ivey and his father established the Richard Ivey Foundation, a private charitable foundation located in
Toronto. It had assets of over CAD $62 million in 2002 and has given away over CAD $56 million. In 1988, Ivey was made a Member of the
Order of Canada. He was subsequently promoted twice – to Officer in 1994 and Companion in 2000. ==References==