Aldo Bensadoun’s profile picture

Aldo Bensadoun

Aldo Bensadoun’s profile picture
Net worth 2018: $1 Billion
Residence: Montreal, Canada
Country: Canada
BirthDay: 1939
Children: 3
BIOGRAPHY

Aldo Bensadoun was bornon 1939 in Montreal, Canada, Canada. Aldo Bensadoun is the founder and executive chairman of retailer ALDO, best known for its footwear and accessories. The son of a shoe merchant and grandson of a cobbler, he was born in Morocco and spent most of his childhood in France. He moved to Montreal for college and in 1972 opened ALDO as a concession within a chain of popular fashion boutiques. That same year, Mr. B, as he is nicknamed, introduced an Italian clog that became a massive bestseller. The first freestanding ALDO store opened in Montreal in 1978. A nonfamily CEO has been running the business for the past three years, seeking fresh footing by raising prices, trimming shoe offerings and pruning the number of North American stores.

NET WORTH STATISTIC
2015

$1.7 Billion

2016

$1.1 Billion

2017

$1 Billion

2018

$1 Billion

TIMELINE
2012

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

1991

His second wife is Dianne Bibeau; they have a daughter, Daniela (born 1991)

1972

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

1970

His first wife was a Scottish Protestant; they had two sons: David (born 1970) and Douglas (born 1973)

1964

He attended Cornell University before relocating to Montreal and graduating from McGill University with a commerce degree in 1964

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