Read the write-up of Joey Saputo net worth, age, wife, children, height, family, parents, clubs, executive roles as well as other information you need to know.
Introduction
Joey Saputo is a Canadian businessman and the president of the CF Montréal soccer team he founded in 1992, and Saputo Stadium, named after his family’s dairy products company Saputo Inc. He is also the chairman of the Italian football club Bologna FC 1909.
Biography
| Name | Joey Saputo |
| Net Worth | $500 million |
| Salary | $20 million+ |
| Occupation | Businessman, Club Executive |
| Age | 57 years |
| Height | 1.75m |
Giuseppe “Joey” Saputo was born on September 25, 1964 (age 57 years) in Montréal, Canada. He is the son of Emanuele “Lino” Saputo, the founder, former chairman & CEO, and majority shareholder of Saputo Inc., a Canadian dairy products company that also markets a range of other items including spaghetti sauce. Saputo previously owned Vachon Inc., the snack company responsible for the Jos. Louis dessert.
Career
Joey Saputo began working for the family business in 1985, Saputo Inc., a dairy processing company founded by his father Lino Saputo in 1954. In 1990, he was promoted to president and chief operating officer of the Dairy Products Division for the United States.
Saputo was named Senior Vice President of Commercial and Business Development in January 2004 after occupying various positions within the organization. When Saputo was the founding president of Montreal Impact in 1992, the Saputo Group was the team’s sole owner; however, under his leadership, in 1999, the club was sold to a group of shareholders.
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In 2002, the team was incorporated as a non-profit organization, and he played a “pivotal role in the re-launch of the club and returned as President. He then spearheaded the construction of Saputo Stadium, the team’s new home, inaugurated at Olympic Park, Montreal, on May 19, 2008.
In 2007, Joey Saputo left the Saputo Group in order to focus on the Impact. In 2012, he led the club’s entry into Major League Soccer and oversaw the Saputo Stadium’s expansion. Under his leadership, “professional soccer’s popularity has soared to unprecedented heights in Quebec”, with the Impact having won three championships, two Canadian championships, and reached the finals of the CONCACAF Champions League.
In 2021, the Impact was renamed as Club de Foot Montréal. Joey Saputo is the majority shareholder in a consortium (BFC 1909 Lux SPV SA) that bought the Italian football team Bologna F.C. 1909 on October 15, 2014. He was nominated as the next chairman of the club in an extraordinary general meeting on November 17, 2014, replacing Joe Tacopina, who retained the position until the annual general meeting on December 22, 2014.
In addition to his work at the Saputo Group and CF Montreal, Joey Saputo has also been involved in managing his family’s assets, consolidated under Jolina Capital (“the Saputo family company”), an asset management company where he was president from March 2001 to January 2004. Jolina Capital is a shareholder—and frequently a majority shareholder—in companies spanning sectors as diverse as food, transportation, softwood lumber, and real estate.
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Joey Saputo is currently on the board of directors of TransForce, a publicly traded Canadian transport and logistics company, where he has been an independent director since 1996.
Philanthropy
Joey Saputo is involved in the Montreal community and serves on the boards of the Sainte-Justine University Hospital Centre Foundation, PROCURE, an organization that seeks to prevent and cure prostate cancer, the Italian-Canadian Community Foundation (his father immigrated from Montelepre, Sicily, in the 1950s).
Wife
Joey Saputo is married to Carmie Saputo, they had their wedding in the 1900s. His wife is a private person and they have four sons together. He stands at an appealing height of 1.75m and has a good body weight which suits his personality. As of 2022, Joey Saputo and his wife Carmie Saputo are still married and living a happy life with their four sons.
Joey Saputo net worth
How much is Joey Saputo worth? Joey Saputo net worth is estimated at around $500 million. His main source of income is from his career as a businessman and club executive. Saputo’s salary per month with other career earnings is over $20 million annually. He is one of the richest and most influential football club CEO’s in Canada.