Aldo Bensadoun

About Aldo Bensadoun

Birth Year: 1939
Birth Place: Montreal, Canada, Canada
Residence: Montreal, Quebec, Canada
Alma mater: McGill University
Known for: Founder of Aldo Group
Spouse(s): Dianne Bibeau
Children: David Bensadoun Douglas Bensadoun Daniela Bensadoun
Website: Aldo Group

Aldo Bensadoun Net Worth

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.
Aldo Bensadoun is a member of Fashion & Retail

💰 Net worth: $1 Billion

2015 $1.7 Billion
2016 $1.1 Billion
2017 $1 Billion
2018 $1 Billion

Some Aldo Bensadoun images

Biography/Timeline

1964

Born in Fes to an 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., 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.

1970

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

2012

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