Rank #2928
Michael Andlauer
Net worth $1.3B
Logistics, sports · Canada
- Born
- Jan 01, 1965
- Age
- 61
- Source
- Logistics, sports
- Residence
- Citizenship
- Canada
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Michael Andlauer has spent more than three decades running Canadian logistics companies focused on healthcare. He founded Andlauer Transportation Services in 1991 and Associated Logistics Solutions in 1994.
- In 2019, he merged several healthcare supply-chain businesses into Andlauer Healthcare Group. It went public on the Toronto Stock Exchange that same year.
- In 2004, he took over as majority owner of the AHL's Hamilton Bulldogs and oversaw the club's 2007 Calder Cup victory.
- He bought a minority stake in the Montreal Canadiens NHL team in 2009 and served as the team's alternate governor until 2023, when he sold his share of the team.
- Andlauer led a group that purchased 90% of the Ottawa Senators in 2023 at a $950 million valuation.