Mitchell Goldhar’s profile picture

Mitchell Goldhar

Owner, SmartCentres
Mitchell Goldhar’s profile picture
Net worth 2018: $2.34 Billion
Industry: Real Estate
Residence: North York, Canada
Country: Canada
Education: Bachelor of Arts / Science, York University
BIOGRAPHY

Mitchell Goldhar was born in North York, Canada, Canada, is Owner, SmartCentres. Mitchell Goldhar is #1013 in List Billionaires People In The World. Mitchell Goldhar convinced Walmart to let him open its first store in Canada in 1994. His Toronto-based firm, SmartCentres, went on to develop more than 200 shopping centers across the country, most of which housed a Walmart. In May 2015, Goldhar sold most of SmartCentre's assets to SmartREIT (formerly Calloway REIT), for about $880 million in shares, cash and assumed debt. Goldhar is SmartREIT's largest shareholder and chairs its board. He also owns about 6% of OneREIT (formerly Retrocom REIT). Separately, through Penguin Investments, his private company, Goldhar holds interests in 78 properties in various stages of development across Canada. This includes a stake, along with SmartREIT, in the Vaughan Metropolitan Centre, a 100-acre planned development north of Toronto, where tenants include Walmart and KPMG. Goldhar graduated with a political science degree from York University and teaches urban planning real estate development at the University of Toronto. He owns Israeli soccer team Maccabi Tel Aviv FC and actively plays squash, tennis and hockey. Goldhar has made charitable gifts to Toronto's Hospital for Sick Children and to fund research on repetitive sports concussions.

NET WORTH STATISTIC
2012

$1.5 Billion

2013

$1.6 Billion

2014

$1.85 Billion

2015

$2.2 Billion

2016

$1.6 Billion

2017

$2.3 Billion

2018

$2.34 Billion

TIMELINE
2010

In 2010, Goldhar bought at auction the sweater Paul Henderson wore while scoring the decisive final goal in the Summit Series from an anonymous American collector for US$1,067,538 (a world record for hockey memorabilia)

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