Aldo Bensadoun

Aldo Bensadoun
Born 1939 (age 7879)
Fes, Morocco
Residence Montreal, Quebec, Canada
Nationality Canadian and Moroccan
Alma mater McGill University [1]
Known for Founder of Aldo Group
Net worth Increase$1.7 billion [2]
Spouse(s) Dianne Bibeau
Children David Bensadoun
Douglas Bensadoun
Daniela Bensadoun
Website Aldo Group

Albert "Aldo" Bensadoun, is originally a Moroccan-Canadian businessman, investor and philanthropist. He is the founder and executive chairman of the ALDO Group, a retail shoe company based in Montreal, Quebec, Canada. Bensadoun is a sponsor of the ALDO Racing team, which has competed four times in the Dakar Rally.[3]

Business & Education

Born in Fes to a 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.,[4] 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.

Personal life

Bensadoun has been married twice. His first wife was a Scottish Protestant;[5] they had two sons: David (born 1970) and Douglas (born 1973). His second wife is Dianne Bibeau;[6] they have a daughter, Daniela (born 1991).[6][7] His son David is the CEO of The Aldo Group [8] and is married to Isabelle Poirier.[9] His son, Douglas, is general manager of design at Aldo.[8]

In 2012, his son, David, along with Patrick Beaule were the first Canadian four wheel team to complete the Dakar Rally.[10][11]

References

  1. "Aldo Bensadoun". Desautels Faculty of Management, McGill University. Archived from the original on December 16, 2013.
  2. "Canada's Bensadoun Becomes Billionaire Selling Aldo Shoes". Bloomberg.
  3. "Montreal Team ALDO racing in grueling Dakar rally". Motorsport.com.
  4. "Aldo's global footprint". The Globe and Mail.
  5. Mills, David (February 2014). Zero to Sixty. p. 113. ISBN 9781483408446.
  6. 1 2 L'Actualite: "Aldo : l’homme qui vous fait marcher" by Kathy Noël 18 novembre 2012 | "La seconde épouse du fondateur, Dianne Bibeau – de 17 ans sa cadette -, travaille aussi dans l'entreprise. De même que les deux fils d'Aldo?: David, 42 ans, et Douglas, 39 ans. La petite dernière, Daniela, 21 ans..."
  7. Footwear News: "How ‘Mr. B’ Has Built Aldo Into a Global Shoe Powerhouse" By Katie Abel November 29, 2016
  8. 1 2 La Presse: "Aldo Bensadoun: le génie du detail" by Jean-Philippe Décarie 11 février 2012
  9. Vancouver Sun: "Friendly-Streets-Gallery" by Phil Carpenter September 17, 2009
  10. The Globe and Mail: "Five things about the only Canadian car entry at Dakar" by Philippe DeVos December 27, 2011
  11. Wheels Canada: "David Bensadoun, Patrick Beaule become first Canadians to finish Dakar Rally on four wheels" by Lawrence Hacking January 19, 2012
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