Portrait of Emanuele (Lino) Saputo & family

Rank #684

Emanuele (Lino) Saputo & family

Net worth $6.1B

Cheese · Canada

Born
Jan 01, 1937
Age
89
Source
Cheese
Residence
Montreal, Quebec
Citizenship
Canada
Marital status
Married
Children
3
Education
Diploma, High School

Net worth over time

Biography

  • Emanuele (Lino) Saputo chaired his family's eponymous dairy company from 1969 until his August 2017 retirement.
  • His son, Lino Jr., who has served as president and CEO since 2004, succeeded him as chairman.
  • The elder Saputo's father, Giuseppe, founded the business in 1954 with $500 and a bicycle for deliveries after immigrating to Canada from Sicily.
  • Lino grew the company in the following decades, taking it public in 1997; today its products are sold in more than 40 countries.
  • The family also has a stake in Major League Soccer's Montreal Impact.
  • The Saputo family owns hundreds of antique cars and oversees an automobile enthusiasts' club.

Financial assets

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