Businessman

Emanuele (Lino) Saputo Net Worth

Emanuele (Lino) Saputo Net Worth is
$5.15 Billion



Emanuele (Lino) Saputo Biography

$4.7 Billion: Emanuele (Lino) Saputo chair the family’s global dairy business, which rakes in $7.4 billion a year peddling cheese and other dairy food in 40 countries. Saputo’s dad, Giuseppe, founded Saputo Inc. in 1954 after emigrating to Canada from Sicily. Saputo, who provides chaired the business since 1969, grew the business enterprise through acquisitions and had taken it open public in 1997. His boy, Lino Jr., took more than simply because president and CEO in 2004. Saputo Inc. emerged under fire for pet cruelty in 2014 after activists shot a video of cows getting abused at a farm that provided the business. Saputo Inc. subsequently cut ties with the provider and promised to make sure pet welfare among its suppliers. The Saputo family members also offers stakes in transport and logistics strong TransForce, Major Group Soccer’s Montreal Influence and several large property tasks in Montreal. Lino keeps hundreds of antique vehicles and oversees a car enthusiasts’ club. Emanuele (Lino) Saputo comes with an estimated net value of $5.15 billion by March 2017, regarding to Bloomberg.


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