E manuele "Lino" Saputo is a Canadian-Italian billionaire and the founder of Saputo Inc., one of the largest dairy processing companies in the world. His is a classic immigrant success story. He moved to Montreal from his native Sicily in the 1950s and, with his parents, founded a small cheese-making company in 1954 with just a few hundred dollars and a bicycle for deliveries. He has since built that modest business into a global dairy giant.
Through decades of hard work and a highly successful strategy of acquisitions, Saputo expanded his company across Canada and then internationally, making major purchases in the United States, Argentina, Australia, and the United Kingdom. He took the company public on the Toronto Stock Exchange in 1997 but his family has retained a controlling stake. He has since passed on the role of CEO to his son, Lino Saputo Jr., but remains the company's chairman and the patriarch of one of Canada's most successful business dynasties. He is also the owner of the CF Montréal soccer team.
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