Aldo Bensadoun: Aldo Bensadoun Net Worth, Biography, Age, Spouse, Children & More

About Aldo Bensadoun

Canadian billionaire Albert "Aldo" Bensadoun, founder and executive chairman of Montreal's ALDO Group, has significantly impacted the global retail industry. Born into a Moroccan Jewish family with deep roots in the shoe retail business, Bensadoun embarked on his journey after graduating with a commerce degree from McGill University in 1964. His profound influence extends beyond commerce; the Bensadoun family foundation's generous $25 million donation founded McGill University's Bensadoun School of Retail Management. A recipient of high honors like the Order of Canada, Bensadoun's legacy continues through his family, with his son David steering the ALDO Group as its CEO. This narrative not only highlights a remarkable career in retail but underscores the Bensadoun family's enduring dedication to education and philanthropy.

Born

January 01, 1939 in Fez, Morocco

Age

87 years

Source Of Wealth

Shoes

Industries

Fashion & Retail

Citizenship

Canada

Residence

Montreal

Spouse

Dianne Bibeau

Children

Albert "Aldo" Bensadoun was born in Fez, Morocco, to a Moroccan Jewish family. His father was a shoe retailer in Fez, Morocco, and France. Bensadoun moved to the United States for post-secondary education, attending Cornell University before relocating to Montreal. He graduated from McGill University with a commerce degree in 1964.

Aldo Bensadoun: Family

Bensadoun has been married twice. His first wife was a Scottish Protestant, and they had two sons: David (born 1970) and Douglas (born 1973). His second wife is Dianne Bibeau, and they have a daughter, Daniela (born 1991). Son David is the CEO of the Aldo Group and is married to Isabelle Poirier. In 2012, son David and Patrick Beaule were the first Canadian four-wheel team to complete the Dakar Rally.

Aldo Bensadoun: Career Highlights

Bensadoun worked at Yellow Shoes before founding the precursor to the Aldo Group in 1972. He started as a stand within the Le Château store in Montreal. The Aldo Group has since grown into a global footwear and accessories retailer with over 3,000 stores in more than 100 countries.

Aldo Bensadoun: Companies

Bensadoun is the founder and executive chairman of the ALDO Group, a retail shoe company based in Montreal, Quebec, Canada. The Aldo Group is a privately held company with annual sales of over $2 billion.

Aldo Bensadoun: Major Achievements

Bensadoun is credited with transforming the footwear industry by introducing new concepts such as fast fashion and affordable luxury. He is also known for his philanthropic work, including a $25 million donation to McGill University to help found the Bensadoun School of Retail Management.

Aldo Bensadoun: Awards & Achievements

Bensadoun has received numerous awards and honours for his contributions to the business and retail sectors. These include the Order of Canada, the National Order of Quebec, and the Ordre de Montréal.

Aldo Bensadoun: Personal Life & Legacy

Bensadoun is a passionate art collector and has donated several pieces to the Montreal Museum of Fine Arts.

He is also a strong supporter of education and has established several scholarships at McGill University and other institutions.

Aldo Bensadoun: Trivia

Bensadoun is a fan of Formula One racing and has attended several Grand Prix races. He is also a keen skier and enjoys spending time at his chalet in the Laurentian Mountains.

Wealth History

Timeline

Albert "Aldo" Bensadoun was born in Fez, Morocco to a Moroccan Jewish family.

Bensadoun's father was a shoe retailer in Fez, Morocco, and France.

Bensadoun moved to the United States for post-secondary education.

Bensadoun attended Cornell University before relocating to Montreal.

1964

Bensadoun graduated from McGill University with a commerce degree.

Bensadoun worked at Yellow Shoes before founding the precursor to the Aldo Group in 1972.

1972

Bensadoun founded the precursor to the Aldo Group as a stand within the Le Château store in Montreal.

Bensadoun's family foundation donated $25 million to McGill University to help found the Bensadoun School of Retail Management.

Bensadoun was appointed to the Order of Canada.

Bensadoun was appointed to the National Order of Quebec.

Bensadoun was appointed to the Ordre de Montréal.

Bensadoun married his first wife, a Scottish Protestant, and had two sons: David (born 1970) and Douglas (born 1973).

Bensadoun married his second wife, Dianne Bibeau, and had a daughter, Daniela (born 1991).

Bensadoun's son David became the CEO of the Aldo Group.

2012

Bensadoun's son David and Patrick Beaule became the first Canadian four-wheel team to complete the Dakar Rally.

Aldo Bensadoun : FAQs

What is Aldo Bensadoun's net worth?

As of 2020, Aldo Bensadoun's net worth was $1.10 billion.

What are Aldo Bensadoun's main sources of wealth?

Aldo Bensadoun's main source of income comes from Shoes.

In which industry does Aldo Bensadoun primarily operate?

Aldo Bensadoun is primarily involved in the Fashion & Retail industry.

How old is Aldo Bensadoun?

Aldo Bensadoun is 87 years old.

How many children does Aldo Bensadoun have?

Aldo Bensadoun has 3 children.

Who is Albert 'Aldo' Bensadoun?

Albert 'Aldo' Bensadoun is a Canadian billionaire businessman, known as the founder and executive chairman of the ALDO Group, a prominent retail shoe company headquartered in Montreal, Quebec, Canada.

What significant contribution did Bensadoun's family foundation make to McGill University?

Bensadoun's family foundation donated $25 million to McGill University, contributing significantly to the establishment of the Bensadoun School of Retail Management.

What is the early background of Albert Bensadoun?

Albert Bensadoun was born in Fez, Morocco to a Moroccan Jewish family. His father was a shoe retailer. He moved to the United States for his post-secondary education, attended Cornell University, and then graduated from McGill University in 1964 with a commerce degree.

What are some of the key achievements in Albert Bensadoun's career?

Before founding the precursor to the Aldo Group in 1972, Albert Bensadoun worked at Yellow Shoes. His venture started as a stand within the Le Château store in Montreal, marking the beginning of his remarkable journey in the retail shoe industry.

What distinctions and honours has Albert Bensadoun received for his contributions?

Albert Bensadoun has been honored with several prestigious awards, including the Order of Canada, the National Order of Quebec, and the Ordre de Montréal, recognizing his significant contributions to business and society.