Billionaire Profile
Mitchell Goldhar
Global Rank
#1453

Image: Razaviv5 | CC BY-SA 3.0 | via Wikimedia Commons

Mitchell Goldhar

CEO, Real estate
CANADA
Real-Time Net Worth
$2.83B
Estimated based on Real estate stock value as of March 6, 2026
-0.28% (24h)
Age
64
Source
Real estate
Industry
Diversified
Citizenship
CANADA

Biography

Mitchell Goldhar is a Canadian billionaire and real estate magnate, celebrated for his role in developing Walmart-anchored shopping centers across Canada. Born in 1962, he founded SmartCentres, a firm that has developed 265 shopping centers. Goldhar's wealth source is primarily real estate, and he maintains a significant ownership stake in SmartCentres REIT. Beyond his business ventures, Goldhar is also the owner of the Maccabi Tel Aviv Football Club. His career is a testament to his strategic vision and entrepreneurial spirit. As of February 2, 2026, his net worth is $2.8 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Mitchell Goldhar was born in 1962. He completed his bachelor's degree in Political Science at York University in Toronto. His mother, Sala Goldhar, was a Holocaust survivor. These experiences shaped his values, including the importance of community engagement, and likely influenced his philanthropic endeavors.

Rise to Success

Goldhar's career is marked by significant achievements in the real estate sector. He founded SmartCentres, which developed Walmart-anchored shopping malls throughout Canada. He built a strong relationship with Walmart, becoming its only real estate development partner globally. In May 2015, he sold a large portion of SmartCentre's assets to SmartREIT. SmartCentres' network of shopping centers is now being transformed into city centers, including the Vaughan Metropolitan Centre.

Key Business Strategies

Goldhar is known for his innovative approach to retail development, focusing on value and convenience. He was able to secure a handshake deal that led to his strong and lasting partnership with Walmart. He challenged the status quo to develop accessible and convenient retail centers.

Philanthropy

Goldhar has supported medical research, established scholarships for disadvantaged students, and is a Director Emeritus with the SickKids Foundation. He also played a pivotal role in honoring the Dembinski family for their bravery during the Holocaust.

Career Milestones

1994

Founded SmartCentres

Developed 265 shopping centres across Canada, including 176 Walmart stores.

2009

Purchased Maccabi Tel Aviv Football Club

Became the owner of a successful Israeli soccer team.

2015

Sold Assets to SmartREIT

Sold most of SmartCentre's assets to SmartREIT for about $880 million.

2018

Supreme Court of Canada Ruling

The Supreme Court of Canada ruled in a libel case against Haaretz that it could not be heard in Canada.

Philanthropy & Social Impact

Education

Scholarships

$MM

Established scholarships for disadvantaged students.

Healthcare

Medical Research

$MM

Donated to support medical research.

Business Philosophy & Leadership

Notable Quotes

"What I've experienced and learned is that a vision to be achieved must represent incremental change to the status quo."

"To lead the way to change, even slightly, involves courage and sacrifice."

Leadership Principles

Vision

A vision to be achieved must represent incremental change to the status quo.

Courage and Sacrifice

Leading change requires courage and sacrifice.

Controversies & Challenges

2011

Libel Notice

Issued a libel notice against the Israeli newspaper Haaretz.