Lino Saputo

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Lino Saputo
Born Emanuele Saputo
(1937-06-10) June 10, 1937 (age 77)
Montelepre, Sicily, Italy
Residence Montreal, Quebec, Canada
Nationality Canada Canadian
Occupation Chairman, Saputo, Inc.
Net worth Increase $4.4 billion[1]
Religion Catholic
Children 3[2]

Emanuele "Lino" Saputo, OQ (born June 10, 1937) is a Canadian businessman. He is the founder and chairman of the Canadian-based cheese manufacturer Saputo, Inc. He is sixth-richest man in Canada, and the 323rd richest man in the world, with an estimated net worth of $3.4 billion as of March 2011.[3]

Early life[edit]

Saputo was born in Montelepre, Sicily, Italy, in 1937, to Giuseppe Saputo, a cheesemaker, and his wife Maria. He completed his secondary schooling in 1952, and shortly thereafter the Saputo family immigrated to Montreal, Quebec.

Career[edit]

Lino Saputo became Chairman of the Board and President of Saputo, Inc. in 1969, and was named Chairman of the Board and Chief Executive Officer in 1998 when the company went public.

In March 2004, his son Lino Saputo, Jr., was appointed to the position of President and Chief Executive Officer. Lino Saputo continues to act as the company's Chairman of the Board.

Other interests[edit]

Lino Saputo also owns an important stake in the trucking company, TransForce, and has extensive investments in real estate, forest products, hotels and golf courses.

Philanthropy[edit]

Lino Saputo is also known for his generous philanthropy and supports many causes, including several hospitals based in Montreal. Additionally, Saputo committed C$7.5 million towards the construction of Montreal Impact's new soccer stadium at Olympic Park in July 2006.

In 2011, he was made an Officer of the National Order of Quebec.[4] He was appointed a Member of the Order of Canada (CM) as per the Canada Gazette on 1 September 2012 and Government House announcement on 29 June 2012.

See also[edit]

References[edit]