Aldo Bensadoun Net Worth

Aldo Bensadoun was born in 1939 in Morocco and raised in France before moving to Montreal for college. In 1972, he founded ALDO, a retailer of footwear and accessories, and opened the first freestanding store in 1978. The company has since grown to become a global brand, and in recent years has been undergoing a transformation under the leadership of a nonfamily CEO, with changes such as raising prices, trimming shoe offerings, and reducing the number of North American stores.
Aldo Bensadoun is a member of Fashion & Retail

Age, Biography and Wiki

Birth Year 1939
Birth Place Montreal, Canada, Canada
Age 84 YEARS OLD
Residence Montreal, Quebec, Canada
Alma mater McGill University
Known for Founder of Aldo Group
Spouse(s) Dianne Bibeau
Children David Bensadoun Douglas Bensadoun Daniela Bensadoun
Website Aldo Group

💰 Net worth: $1.1 Billion (2024)

Aldo Bensadoun is a prominent figure in the fashion and retail industry in Canada, renowned for his exceptional entrepreneurial skills. With his remarkable achievements, it is no surprise that his net worth is estimated to reach an astounding $1.1 billion by 2024. As the founder and previous CEO of the internationally acclaimed footwear brand, Aldo Group, Bensadoun has revolutionized the fashion market in Canada and beyond. With his keen eye for design and an unmatched business acumen, he has established himself as a trailblazer in the industry, creating a brand that resonates with customers worldwide. Aldo Bensadoun's extraordinary success story serves as an inspiration to aspiring entrepreneurs and a testament to the unparalleled potential of the fashion and retail sector.

2015 $1.7 Billion
2016 $1.1 Billion
2017 $1 Billion
2018 $1 Billion

Some Aldo Bensadoun images

Biography/Timeline

1964

Born in Fes to an Moroccan Jewish family, his grandfather was a well known shoemaker in Casablanca, Morocco. Bensadoun moved to the United States for his post-secondary education. He attended Cornell University before relocating to Montreal and graduating from McGill University with a commerce degree in 1964. He worked at Yellow Shoes before founding the precursor to the ALDO Group in 1972 as a stand within the Le Château store in Montreal. Bensadoun is a recipient of the National Order of Quebec, an award for merit granted by the government of the province of Quebec, Canada., as well as recipient of the Ordre de Montréal, which recognizes the talents and achievements of the men and women who have helped shape the city.

1970

Bensadoun has been married twice. His first wife was a Scottish Protestant; they had two sons: David (born 1970) and Douglas (born 1973). His second wife is Dianne Bibeau; they have a daughter, Daniela (born 1991). His son David is the CEO of The Aldo Group and is married to Isabelle Poirier. His son, Douglas, is general manager of design at Aldo.

2012

In 2012, his son, David, along with Patrick Beaule were the first Canadian four wheel team to complete the Dakar Rally.