Billionaire Profile
Emanuele (Lino) Saputo & family
Global Rank
#663

Image: Public domain | via Wikimedia Commons

Emanuele (Lino) Saputo & family

CEO, Saputo Inc.
CA
Real-Time Net Worth
$5.8B
As of December 2025
Age
88
Source
Cheese
Industry
food-beverage
Citizenship
CA

Biography

Emanuele (Lino) Saputo, born in 1937, is an Italian-Canadian billionaire known for founding Saputo Inc., one of the world's top dairy processors. The Saputo family's wealth is primarily derived from cheese production and related dairy products. Lino Saputo, with his vision and leadership, transformed a small family cheese business into a global corporation, with a current net worth of $5.8 billion as of 2024. His career began in the family's cheese factory, and his achievements include taking Saputo Inc. public in 1997 and expanding its presence across numerous countries.

Wealth Over Time

In-Depth Profile

Early Life

Emanuele "Lino" Saputo was born on April 2, 1937, in Montelepre, Sicily, Italy. His father, Giuseppe, was a cheesemaker. In 1952, at the age of 15, Lino immigrated to Montreal, Canada, joining his father and brother. The family's journey from Italy to Canada laid the foundation for their future success in the dairy industry.

Rise to Success

In 1954, Lino's father, Giuseppe, started a cheese-making business with just $500 and a bicycle for deliveries. Lino took the reins of the company in 1969 as chairman. Under his leadership, Saputo Inc. grew into a global dairy processor. In 1997, Saputo Inc. went public, which allowed it to expand further through acquisitions and diversification. Today, Saputo's products are sold in over 60 countries.

Key Business Strategies

The key to Saputo's success was transforming the family business into one of the largest dairy processors worldwide through a strategic expansion that included acquisitions. The company also prioritized product quality and innovation. Saputo expanded its product offerings and geographical reach through multiple acquisitions, making Saputo a leading cheese manufacturer and fluid milk and cream processor in Canada, and a leading dairy processor in Australia and Argentina.

Philanthropy

Lino and his wife, Mirella, created a charitable foundation in 1979 to help sick and disabled children, women, and seniors. The Saputo family has also supported soccer in Quebec, notably by endowing Montreal with a professional soccer stadium in 2008.

Career Milestones

1954

Founded Saputo Inc.

Founded Saputo Inc. with his family in Montreal, Canada.

1969

Chairman of the Board

Assumed the role of chairman of the board and president of Saputo Inc.

1997

Saputo Inc. Goes Public

Took Saputo Inc. public, significantly expanding the company's resources and growth.

2017

Retired as Chairman

Retired as chairman of Saputo Inc.

Philanthropy & Social Impact

Charitable Giving

The Mirella and Lino Saputo Foundation

Unknown

Established a foundation to support sick and disabled children, women, and seniors.

Controversies & Challenges

2017

Paradise Papers

Named in the Paradise Papers for holding shares in an offshore aviation company in Bermuda.