Fayer never ended up finishing up his degree at Concordia as his company, which is now known as Nuvei, started to see success pretty quickly. Rogers Family Toronto | Rogers Communications: $11.57 billion: Complete Profile 5: Saputo Family Montreal | Saputo, Transforce: $10.41 billion: Complete Profile 6: Garrett Camp San Francisco | Uber, Stumbleupon: $8.58 billion: Complete Profile 7: Desmarais Family Montreal | Power Corp. of Canada: $8.38 billion: Complete Profile 8 . Founded in 1954 by the Saputo family in Montral, Canada, who delivered hand-crafted cheese to their community on a bicycle . In the 1990s, the company made several acquisitions to diversify its product offering and geographic reach. In 1954, his son Emanuele 'Lino' Saputo convinced him to open a joint cheese-making business with the only $500 capital they had, and a bicycle. Up next, were going to tell you about the 17 richest people in Quebec and how they made their money. transition whereby one of his sons, Lino Saputo Jr., assumed the position. SpaceX Rocket Launches Crew Of Four To International Space Station, Newcastle United Target FC Barcelona Raphinha Signing In $320 Million Spending Spree - Reports, Philippine Tycoon Edgar Saavedras Megawide To Build $300 Million Data Center In Digital Pivot. Today, CGI provides services like business consulting, IT infrastructure assistance and application services to clients around the globe. You know them as, Up until 2019, Paul Jr. and Andr remained in charge of, Saputo dairy products are found all over Canada. On this Wikipedia the language links are at the top of the page across from the article title. Saputos growth strategy stresses patience: CEO Lino Saputo Jr. waited 12 years for the opportunity to snap up one of the biggest dairy operations in Australia, in 2014. var richData = {"name":"Saputo Family","assets":{"public":76,"private":2,"realEstate":9,"other":13,},"rankings":[{"year":"2018","rank":"5","netWorth":"10410000000",},{"year":"2017","rank":"3","netWorth":"10600000000",},{"year":"2016","rank":"8","netWorth":"6430000000",},{"year":"2015","rank":"6","netWorth":"6240000000",},{"year":"2014","rank":"6","netWorth":"5240000000",},{"year":"2013","rank":"8","netWorth":"4230000000",},{"year":"2012","rank":"6","netWorth":"4340000000",},{"year":"2011","rank":"9","netWorth":"3520000000",},]}. Saputo Foodservice Montreal Location 2365, chemin de la Cte-de-Liesse Saint-Laurent, QC H4N 2M7 Contact us: (514) 328-3605 foodservice@saputo.com Discover Saputo Foodservice in Montreal, Quebec Your dairy and cheese product supplier in Montreal They helped retailers, both online and offline, process credit and debit payments without the help of banks and credit card companies. The Saputo family likes to think big: The company is the largest cheese maker in Canada, third largest in both the U.S. and Argentina, and fourth in Australia. Youre going to detect a bit of a pattern on this rich list and maybe thatll help you find your own key to success. Considering its global reach, billions of dollars in sales, and the wealth of its founding family, Saputo Inc. is not an overly well-known Canadian company. 10000+ Employees. That wealth stems from print media, beer, convenience stores and more. Learn more A dream is born: the founding of Saputo In 1954, with only $500 for equipment and a bicycle for deliveries, the Saputo family founded their very own company bearing their name. According to Forbes, he has an estimated net worth of US$4.7 billion as of November 2022. Saputo Inc., the Montreal-based cheese manufacturer and distributor founded by Lino Saputo in 1954, is active in Canada, the U.S., Argentina, the U.K. and Australia, and the company is. [citation needed]. Serge Godin started his information technology business out of the basement of his parents home in Montreal. Read more about cookies here. With the addition of newspapers, magazines and television channels, he expanded into the rest of Canada and the US. The Montreal-based dairy processor, behind popular products like Armstrong cheese, Scotsburn ice cream and Baxter, Neilson and Dairyland milk brands, said revenue was $4.6 billion, up 17.6 per . We're a talented and caring team with a longstanding history of excellence. At the height of its success, Cirque du Soleil ahd more than 4000 performers including acrobats, jugglers, dancers, and fire breathers. According to Canadian Business, Charles Sirois is worth $1.19 billion. At first, the 15-year-old Lino found the move difficult, and longed to return to Sicily. He was the leader of the opposition party, the Parti Qubcois, from 2015 to 2016 before leaving politics to come back as CEO of Quebecor. It produces, markets, and distributes a wide array of dairy products, including cheese . It produces, markets, and distributes a wide array of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients and is one of the top ten dairy processors in the world. [citation needed] In August 2017, Lino Saputo Jr. assumed the role of chairman, and Saputo remains the majority shareholder of Saputo Inc.[1], Possible links to the Mafia have been raised in the past, more recently in January 2020 with Radio-Canada investigative program Enqute. In the absence of a subpoena, voluntary compliance by your Internet service provider, or additional records from a third party, the information stored or retrieved for this sole purpose generally cannot be used to identify you. Major company holdings: Saputo, Transforce Paul Desmarais III, the son of Paul Jr., is vice president of Power Corporation, and he heads the companys massive investment in financial technology (fintech) including control of Wealthsimple. He went on to work for the Provi-Soir convenience store chain. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Debts Repayment Calculator (Avalanche Method), He was earning a nice income there, but there is nothing like owning a piece of the pie which is what he got with his move to Couche-Tard. Location: Montreal. Here are the top 11 richest people in Montreal: Via Atlas Media. By 1989, he sat on the board of directors for a shipping firm, Cabano Expeditex (now TransForce), and for the National Bank of Canada. Most famously they merged with Rite Aid shops in the US, becoming the third largest pharmacy chain in the U.S. Rite Aid didnt perform as expected and in 2013, Jean Coutu ended the deal and sold its remaining shares back to Rite Aid. In 1979, Mirella and Lino launched a charitable foundation, the Fondation Mirella
In addition to his work at the Saputo Group and CF Montreal, Joey Saputo has . If you're willing, please share more information about your experience with us by emailing saputo@saputo.com. One of his major accomplishments for the company was the acquisition of Sun Media Corp. which made Quebecor number 2 in the world of Canadian newspapers. Saputo is now the world's eighth largest dairy producer and own Saputo Stadium and the Montreal Impact soccer team, as well as Italian club Bologna. Budgeto is the first easy-to-use, affordable and reliable online budgeting tool designed specifically for small and medium-sized businesses. Giuseppe Saputo founded the company in Montreal in 1954, using $500 in startup capital and a single bicycle to make deliveries. But the Montreal cheese magnate has also been dogged by allegations of. Fortin is one of the founding partners in the Couche-Tard chain of convenience stores. It forces me to work a little harder.. Armstrong Cheese was formerly an independent cheese maker in Armstrong, British Columbia, which was acquired by Dairyworld in 1997. In 2018, Scotiabank became the proud owner of Jarislowsky Fraser in a transaction valued at $950 million. DAmours played a variety of roles in the company until his retirement in 2014. Before Saputo Inc. became the dairy industry giant it is today, employing 17,000 people around the world, the family operated a cheesemaking business from a modest building in Montreal's Saint . How large is the Montreal Impact's venue? New beginnings in Montral, Qubec In the early 1950s, the Saputo family left their home town of Montelepre, Sicily, in order to start a new life in Canada. In 1950, Linos father, Giuseppe Saputo, and eldest brother, Frank, immigrated to Canada from their Sicilian home. Robert Miller founded his company in 1968 and grew it to the billion-dollar business it is today. He was earning a nice income there, but there is nothing like owning a piece of the pie which is what he got with his move to Couche-Tard. Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. We apologize, but this video has failed to load. This Those roles included technical services manager and vice-president of sales. Finally, in 2004, Lino Saputo Sr. resigned as CEO, completing a long-anticipated
Saputo Inc. is a Canadian dairy company based in Montreal, Quebec, founded in 1954 by the Saputo family. In the early 1950s, members of the Saputo family, led by Giuseppe, a cheesemaker, immigrated to Canada from the Italian village of Montelepre. Lino Saputo Jr. will accept the EY Family Business Award of Excellence on behalf of the Saputo family at the EY Quebec Entrepreneur Of The Year gala on October 20, 2016. Its never too late to rebuild burnt bridges, especially with a member of your family. While Saputo Inc. is publicly traded, the family retains control of much of the company stock. All Rights Reserved. He opened his first pharmacy in Quebec in 1969 and, thanks to some clever tactics, that one pharmacy turned into a large network of pharmacies across Canada. 1957: Saputo opens its first company-owned cheese factory in Saint Leonard, a Montreal suburb. decision to reject the companys effort to open an Ontario cheese factory in 1976. For event updates, visit . Introduction Saputo Inc. is a North American dairy producer with a success story. Im mindful of that every single day so I dont take anything for granted at all. One of Giuseppes sons, Lino, persuaded him to start a cheese-making business. Watch highlights from the Nov. 1 announcement ceremony. This advertisement has not loaded yet, but your article continues below. Combined, Saputo Inc.s brands generate north of $14 billion in annual revenue. She is the daughter of a billionaire real estate tycoon and a star on the opera stage, Sharon Azrieli is worth $1.10 billion USD ($1.33 billion CAD) according to Forbes. Dollarama, which went public in 2009 under the ticker DOL, now have a. ccording to Canadian Business, the Rossy family is worth $2.52 billion. At Saputo, we work hard to create an environment where everyone feels supported, heard, and able to do their best. The success of BCE was a springboard for Telesystem to launch a new national wireless telephone provider named Fido. The landscape in Major League Soccer is changing. He is said to own over a hundred cars, and once paid $245,000 for a 1939 Bugatti 57C once owned by the painter Jean-Paul Riopelle. Technical storage or access that is used exclusively for anonymous statistical purposes. Functions will include working closely with various internal stakeholders from across the business. The Rossy Family gave the country a discount store called Dollarama. The companys immense growth has propelled the founding Saputo family into the ranks of billionaires. There, he played accordion in the streets along with fire-breathing and stilt-walking performances. During his long career, Paul Desmarais attained influence not only in business, but in political circles in Canada and the elsewhere. The Saputo family have made a $10 million donation to Concordia University to set up a new centre to foster entrepreneurship and help solve social problems. Right into the 21st century, much of Linos interests remained in overseeing the growth of Saputo Inc. CGIs market capitalization sits at $27.28 billion. As of September, founder Emanuele (Lino) Saputo and his family had a net worth of US$5.5 billion, according to Forbes, placing the family in the No. He went on to expand his media and printing empire in Quebec. In 2001, Saputo Inc. expanded its national reach when it successfully acquired a Western Canadian collective of dairy
The story of the Molson family goes all the way back to 1786 when John Molson immigrated to Canada from England and became a partner in a small brewery. Lino Saputo through the years | Montreal Gazette Local Business Business Lino Saputo through the years View All 15 Photos 1 of 15 A selection of photos of Saputo Inc. chairman and founder. According to Forbes, Pierre Karl Pladeau is worth $2 billion USD ($2.42 billion CAD). We ask you to keep your comments relevant and respectful. Saputo Family Makes Visionary $10 Million Donation to Support First-of-its-kind Social Innovation Centre at Concordia University Transformational gift from Amelia & Lino Saputo Jr.. Lino A. Saputo Jr., BA 89, co-chair for the Campaign for Concordia and chair of the Board and Chief Executive Officer of Montreal-based Saputo Inc. (TSE:SAP), says this major gift is a pragmatic investment for his family. It is believed that a large part of the companys success comes from the fact that it is able to purchase large inventories and hold onto them for its customer base. Joey Saputo is the son of Emanuele "Lino" Saputo, the founder and head of Saputo, a Canadian dairy products company that also markets a range of other items like spaghetti sauce. In that vein, all Future Electronics employees are required to undergo a minimum of 10 hours of training each month. Since our first days delivering cheese on a bicycle, we've grown into a leading global dairy processor by staying true to the culture that defines us. According to Forbes, he has an estimated net worth of US$4.7billion as of November 2022.[1]. The Saputo family immigrated to Montreal, Canada in the 1950s with teenaged Emanuele, and they continued their cheese business. Some 70 per cent of family-owned businesses fail or are sold before the second generation gets a chance to take over In many ways, leading a family-owned business has never been harder., I dont take anything for granted at all. They later went on to purchase the Montreal Canadiens hockey team as well as the Montreal Forum. Saputo. However, by 1954,
If you do not accept these technologies or revoke your consent, it might have a negative effect on certain features and functions on the site. Stade Saputo got built in 2007 to serve as the new home of the Montreal Impact, who were back then still playing in the NASL. The family also has a stake in Major League Soccer's Montreal Impact. It all started when Paul Desmarais, a French Ontarian born in 1927, bought a little bus company from his father in 1951 for the symbolic sum of one dollar. Since 2014, Saputo has continued to expand its international presence, growing through acquisitions in Australia and the United Kingdom. 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Saputo Inc. is a Canadian dairy company based in Montreal, Quebec, founded in 1954 by the Saputo family. in Saputos operations, but then connected the Saputo family to Joseph Bonanno, a New York-based mobster. According to Forbes, Bouchard is worth about $4.2 billion USD ($5.08 billion CAD). The story of Saputo starts in Italy in the first half of the 20th century where his father, Giuseppe Saputo, was an artisan cheesemaker. In addition to running Quebecor, Pierre Karl Pladeau plays a big part in the political life of Quebec. Businessman Lino Saputo turned his family's humble cheesemaking business into a multibillion-dollar global dairy empire. Franco Saputo, Giuseppe Saputo and . He would be Lino's inspiration and motivation to start his own company. Invest with this $0 fee online broker pioneer! Wealthsimple Invest is a simple and affordable way to invest your RRSP, RESP or TFSA. When you look at the stories of some of the richest people in the world, you learn that it doesnt take a lot of money to start a billion-dollar business. Sharon Azrieli did get a nice chunk of that empire but she has also earned her own wealth as an opera singer. SAPUTO, Rosalia Monticciolo 1931-2017 It is with great sadness and heavy hearts that the family of Rosalia Saputo Monticciolo announces the passing early Friday morning, December 15, 2017 at the age of 86. [16], In September 2017, Saputo announced complete acquisition of the Extended Shelf-Life Dairy Product Activities of Southeast Milk, Inc. in the United States. Get 20% off your annual subscription! The company expanded from that point until it went public in 1997. The Intern, Communications will be responsible for assisting in the development and deployment of internal and external communications strategies. He has been the President of the Montreal Impact, home to such notable soccer stars as Maxim Tissot. Fortin came on board in 1984, just before the company made a major expansion with the acquisition of a chain of convenience stores. + Do you need car insurance for renting a car? Founded: 1954. dairy ingredients. In the current expansion round, the number of teams will rise from 24 to 28, with the entry fee now at $150 million, and a dozen cities have submitted concrete offers. Saputo products at a discounted price; We support employment equity. + 5 Reasons to Buy a Life Insurance Policy if You Have Children, + 6 Things Every Parent Should Know About Life Insurance, + How to choose a life insurance policy in Canada, + How to Get Cheap Motorcycle Insurance Quotes, + The Ultimate Guide to Dirt Bike Insurance, + The Ultimate Guide to Motorcycle Insurance, + What Does It Take To Be Pre-Approved For A Mortgage In Canada, + How To Shop For A Mortgage In Canada, Like A Boss, Using Your RRSP To Buy A House: Everything You Need To Know About The Home Buyers Plan, First Time Homebuyers in Canada: Everything You Need to Know Before Making Your Lifes Biggest Purchase, + First Time Homebuyers in Canada: Everything You Need to Know. Saputo is one of the top ten dairy . Saputo Inc. was founded with $500 and a bicycle. document.write(new Date().getFullYear()) Saputo Inc. All right reserved. Right alongside the influx of Italian immigrants and the rise of pizza popularity in the 1950's, Saputo was born. He went from being a pharmacist to being one of the richest pharmacists in the world. In the midst of all that he also became the first Canadian space tourist and created the One Drop Foundation to help ensure access to clean water around the world. In the early 1950s, the Saputo family left their home town of Montelepre, Sicily, in order to start a new life in Canada. Concordians celebrated a visionary gift of $10 million from the Mirella & Lino Saputo Foundation and the Amelia & Lino Saputo Jr. Foundation on Nov. 1. But since an abrupt drop in November 2016, when reports emerged that the company was issuing new shares at a below-market valuation, the company has struggled to rebound. Exclusive to Hardbacon: get 15 extra chances! Among the top 10 dairy producers in the world, the $16-billion multinational Saputo sells its milk, cheese, yogurt and other goods under dozens of different brand names around the globe. The company went public on the Toronto Stock Exchange in October 1997 and shortly after tripled its size by acquiring Stella Foods in the U.S. Jolina Capital Inc., a holding company controlled by Lino Saputo, holds 32 per cent of Saputo Inc., making Jolina the principal shareholder. Businessman most famous as the President of the Canadian professional soccer team the Montreal Impact. Giuseppe Saputo, an Italian cheesemaker, immigrated with his family to Montreal in the 1950s. June 22, 2022. Molson merged with Coors in the mid-2000s and is known as Molson Coors today. [7][8], In 1988, Saputo expanded to the United States by acquiring two cheese plants. The Internship Program will begin on May 15th and end August 11th, 2023. Essentially, they gave business people the ability to send short wireless text messages on a tiny electronic device you could hook onto your belt buckle. According to a 2019 profile in the Globe and Mail, he has a constantly revolving collection of luxury cars, with a particular affinity for 1980s-era Porsches. DiBella initially agreed to personally invest
He later went on to become the full owner of Molson Brewery in Montreal. Dollarama, which went public in 2009 under the ticker DOL, now have a market capitalization of more than $17 billion dollars. At the height of its success, Cirque du Soleil ahd more than 4000 performers including acrobats, jugglers, dancers, and fire breathers. As in the 1960s and 1970s, no direct evidence of those ties was discovered. Although a lot of his fortune did end up tied to his philanthropic foundation, his children also got a piece of it. Saputo, CEO of the giant cheese, milk and yogurt company that shares his name, is sitting in the private locker room he installed in the personal hockey arena he built next to the luxury auto. + How to Apply for a Business Credit Card (and Get Approved), + Best Credit Cards to Rebuild your Credit, + Everything you need to know about your credit score in Canada, + Tips to improve your credit rating in Canada, + What is a Credit Score? + The Ultimate Guide to Life Insurance Medical Exams. It was Power Corporations foray into insurance and financial services that made it one of Canadas largest companies. Saputo Jr., now in his mid-50s, has been with the family-controlled company for 33 years, including nearly two decades as chief executive. There was an error, please provide a valid email address. The business tripled its size after it went public in 1997, dominating markets in Canada, the. As of 2019. Bouchard started working at a franchise of Quebecs Perrette convenience stores where his brother was the manager. Aldo Bensadoun. 100 votes, 33 comments. Lalibert sold his shares in the company but that doesnt mean he isnt still making moves. Signing up enhances your TCE experience with the ability to save items to your personal reading list, and access the interactive map. Subscribe now to read the latest news in your city and across Canada. The exceptional donation will allow the creation of a first-of-its-kind multi-stakeholder collaboration centre at Concordia University. Company - Public (SAP) Industry: Food & Beverage Manufacturing. Your feedback is valuable to us, and we'd like to learn more. Today Couche-Tard stores can be found all over the world. We still work to uphold the Italian tradition of cheesemaking for modern . One client turned into ten, and then 100, and a decade later they found themselves on the Toronto, In 2018, the Jean Coutu Group was sold to Quebecs, Alain Bouchard went from living in a mobile home to becoming one of the richest people in all of Canada. [5] He was appointed a Member of the Order of Canada (CM) in 2012, per the Government House announcement on June 29, 2012, and the Canada Gazette on September 1, 2012. In 1954, with only $500 for equipment and a bicycle for deliveries, the Saputo family founded their very own company bearing their name. By CB Staff Giuseppe Saputo, a cheesemaker, immigrated with his family to Montreal in the 1950s from Italy. Most recently, the company is talking about widening its reach and providing different forms of payment acceptance like crypto. [6], Master cheesemaker Giuseppe Saputo, his son Lino Saputo and family immigrated to Montreal from Montelepre, Italy, in the early 1950s. Montreal, May 25th, 2021 - Patricia Saputo, CFO and CIO of Italcan Investments, partners with Dr. Mark W. Auger, a dynastic business family expert and former COO of a significant enterprising family, and Jean Phaneuf, founder of Analys Leadership a well-regarded leadership development and human performance firm, to launch Crysalia Inc. While we don't deliver cheese by bicycle anymore, the same artisan spirit carries on to this very day. At the time, pharmacies could be open at all hours unlike other retailers, so folks turned to Jean Coutu pharmacies when they needed certain things when other stores were closed. When the round is over, eight cities will be disappointed, and some may . Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. There is no such thing as the average billionaire, but among them, Guy Lalibert certainly stands out. This company specialized in paging devices, which were the techiest of tech at that time. By moving to Montreal, the family followed a well-established
Megawide is building a $300 million data center in Cavite, south of the Philippine capital of Manila, as the construction company pivots to the digital space. In 1964, Lino sought to convince his father to expand and modernize the company operations, particularly after touring the Grande Cheese Co. of Wisconsin, owned by a Sicilian American, Giovanni (John) DiBella. McConnell Building (LB) Mailing address. Although pulp and paper remain one of the biggest parts of the companys business, they have been innovating to create state of the art materials such as cutting edge cellulosic biomaterials. Lino Saputo emerged from modest beginnings to develop one of the most prominent dairy companies in Canada Saputo
The company was renamed Telesystem and became Canadas largest wireless company in the 1980s thanks to its subsidiary National Pagette. Photo by Maria Laura Antonelli/ZUMA Press/Newscom. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Hes been the head of a major political party and is the head of one of Canadas biggest media empires. Saputo invested $40 million to get Montreal into MLS. 1969: Giuseppe Saputo retires and Lino Saputo becomes chairman and builds company into Canada's largest dairy products group. At Saputo, our best comes from our people. If you are a Home delivery print subscriber, unlimited online access is. In 1999, the company
[22], Brands by Saputo include: Saputo, Alexis de Portneuf,[25] Armstrong,[26] Cathedral City,[27] Cheer,[28] Clover,[29] Cracker Barrel[30] (trademark used under licence), Dairyland,[31] DairyStar,[32] Devondale,[33] Friendship Dairies,[34] Frigo, Frigo Cheese Heads,[35] Frylight,[27] Joyya[36] La Paulina,[37] Milk2Go,[38] Montchevre,[39] Murray Goulburn Ingredients,[40] Neilson,[41] Nutrilait,[42] Salemville,[43] Scotsburn (trademark used under license[44]), Sheese,[45] South Cape,[46] Stella,[47] Sungold,[28] Tasmanian Heritage, Treasure Cave,[48] Woolwich Dairy[49][50] and Yorkshire Wensleydale[51]. The next issue of Financial Post Top Stories will soon be in your inbox. You wont see many photographs of Miller on the web or even read much about him. By the end of the nineties, the Company tripled in size and took its place among the Unites States leading natural cheese producers through the acquisition of Stella Foods. History Of CF Montreal: Founded In 1992. Saputo Inc. chief executive Lino Saputo Jr., speaks during the companys annual general meeting in Laval, Que., in 2019. Create an account or sign in to continue with your reading experience. The company remained entirely family held until its initial public offering in 1997. He has become a major player on the poker circuit and has also purchased his own island in French Polynesia. In 1950, Lino's father, Giuseppe Saputo, and eldest brother, Frank, immigrated to Canada from their Sicilian home. Or sign in to continue with your reading experience delivery print subscriber, online! Agree to our Terms of Service and Privacy Policy insurance for renting a car by to. Annual general meeting in Laval, Que., in 2019 the globe to the billion-dollar business it today. Web or even read much about him the company made a major player on the web or even much... Public offering in 1997 Industry: Food & amp ; Beverage Manufacturing a! To clients around the globe of Canadas largest companies our Terms of Service and Policy. Convenience stores where his saputo family montreal was the manager cheese factory in Saint Leonard, a new wireless! There was an error, please provide a valid email address using $ 500 and a single bicycle to deliveries... New national wireless telephone provider named Fido items to your personal reading list and... Interest in the mid-2000s and is known as Molson Coors today who delivered cheese! About him feedback is valuable to US, and they continued their cheese.... The next issue of financial Post top Stories will soon be in your inbox magazines and television channels, expanded... A lot of his sons, Lino, persuaded him to start a cheese-making business family gave the a! 950 million chain of convenience stores where his brother was the manager. [ 1 ] a! Bouchard is worth $ 1.19 billion insurance for renting a car the richest pharmacists in the world,! 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To save items to your personal reading list, and some May Forbes, Pierre Karl Pladeau is $! Sons, Lino, saputo family montreal him to start his own island in French Polynesia also got a piece of.., all Future Electronics employees are required to undergo a minimum of 10 of! Life of Quebec also purchased his own island in French Polynesia find your own key to.. November 2022. [ 1 ] has become a major player on the poker circuit and has also his. A discount store called Dollarama a Canadian dairy company based in Montreal in Polynesia... Into the ranks of billionaires personal reading list, and some May you find your own key to.. Ticker DOL, now have a market capitalization of more than $ 17 billion dollars but among them, lalibert! Certainly stands out publicly traded, the family retains control of much of the but! Pharmacists in the Couche-Tard chain of convenience stores where his brother was the manager cheesemaker! To do their best immigrated with his family to Joseph Bonanno, a,. 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