#695
Emanuele (Lino) Saputo & family
Canada 89 years old
Overview
- Source of Wealth
- Cheese
- Industry
- Food & Beverage
- Residence
- Montreal
- Education
- High School (Diploma)
- Marital Status
- Married
- Children
- 3
Assets
- Saputo Inc.160,228,100 shares @ --SAP-CA
- TransForce Inc.542,000 shares @ --TFII-CA
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.
About
The Saputo family owns hundreds of antique cars and oversees an automobile enthusiasts' club.