Net Worth: $1.1 B
Age: 81
Source: Shoes
Industries: Fashion & Retail
Aldo Bensadoun is the founder of Canadian retailer ALDO, best known for its footwear and accessories. The son of a shoe merchant and grandson of a cobbler, Bensadoun was born in Morocco and spent most of his childhood in France. Upon moving to Montreal for college, he opened ALDO as a concession within a chain of popular fashion boutiques in 1972. His son, David, who is now the CEO, joined the company in 1996 and became the fourth generation of his family to work in the shoe business. ALDO pulled in an estimated $1.5 billion in sales in 2019 and has more than 3,000 stores across the world.