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Italian-Canadian billionaire Emanuele "Lino" Saputo, founder of Saputo Inc., boasts a net worth of US$4.7 billion. Born in 1937 and immigrating to Canada in 1952, Saputo transformed his family's cheese-making heritage into a thriving business, becoming chairman and CEO. Despite facing defamation lawsuits in 2008 and being named in the 2017 Paradise Papers, Saputo holds a diverse investment portfolio and has received prestigious honors, including being named an Officer of the National Order of Quebec.
January 01, 1937 in Montelepre, Sicily, Italy
89 years
Cheese
Food & Beverage
Canada
Montreal
Diploma, High School
3, including Joey Saputo
Emanuele "Lino" Saputo was born on April 2, 1937, in Montelepre, Sicily, Italy. His father, Giuseppe Saputo, was a cheesemaker. In 1952, at the age of 15, Lino immigrated to Montreal, Canada, joining his father and brother.
Emanuele (Lino) Saputo & family: Family
Lino Saputo is married to Mirella Saputo, and they have three children: Lino Jr., Joey, and Sylvia. Lino Jr. is the current president and CEO of Saputo Inc., while Joey is the executive vice president and chief operating officer.
Emanuele (Lino) Saputo & family: Career Highlights
Lino Saputo's career in the dairy industry began at a young age, working in his father's cheese factory. In 1969, he became chairman of the board and president of Saputo Inc., which was then a small family-run business. Under his leadership, the company grew into one of the largest dairy processors in the world.
In 1997, Saputo Inc. went public, and Lino Saputo was named chairman and CEO. He held this position until 2004 when he appointed his son Lino Jr. as president and CEO. Lino Saputo then assumed the role of chairman, a position he still holds today.
Emanuele (Lino) Saputo & family: Companies
Lino Saputo is the majority shareholder of Saputo Inc., one of the largest dairy processors in the world. The company has operations in Canada, the United States, Europe, Australia, and Argentina.
In addition to Saputo Inc., Lino Saputo also owns a significant stake in trucking company TransForce. He also has extensive investments in real estate, forest products, hotels, and golf courses.
Emanuele (Lino) Saputo & family: Major Achievements
Lino Saputo is credited with transforming Saputo Inc. from a small family-run business into one of the largest dairy processors in the world. He is also known for his philanthropy and support of various charitable organizations.
Emanuele (Lino) Saputo & family: Awards & Achievements
Lino Saputo has received numerous awards and recognitions for his contributions to the dairy industry and his philanthropic work.
Some of his notable awards include:
Emanuele (Lino) Saputo & family: Personal Life & Legacy
Lino Saputo is known for his strong work ethic and dedication to his family and business. He is also known for his generosity and support of various charitable organizations.
Lino Saputo's legacy is one of entrepreneurship, innovation, and philanthropy. He has built a successful global business and made significant contributions to the dairy industry and his community.
Emanuele (Lino) Saputo & family: Trivia
Emanuele "Lino" Saputo is born in Montelepre, Sicily, Italy.
Saputo immigrates to Montreal, Canada, joining his father and brother.
Saputo becomes chairman of the board and president of Saputo Inc.
Saputo is named chairman and CEO when the company goes public.
Saputo's son Lino Saputo Jr. is appointed president and CEO.
Saputo launches three defamation lawsuits against Canadian newspapers for allegations of links to organized crime.
Saputo sells off shares in an offshore aviation company in Bermuda, citing business reasons.
Saputo is named Officer of the National Order of Quebec.
Saputo is named Member of the Order of Canada.
Saputo is named in the Paradise Papers for holding shares in an offshore aviation company in Bermuda.
Saputo assumes the role of chairman.
Saputo's son Lino Saputo Jr. is named "Canada's Outstanding CEO of the Year".
What is Emanuele (Lino) Saputo's current net worth?
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