Read about John Bitove net worth, age, wife, children, height, family, parents, salary, and businesses as well as other information you need to know.
Introduction
John Bitove is a Canadian businessman and sportsman. He is well known as the Founder of the Toronto Raptors of the NBA. Through his holding company, Obelysk, he is involved in several entities including; Sirius XM Canada, Canada’s largest subscriber radio service and Bird the global leader in electric scooters, operating in over 350 cities in 34 counties.
He is the founder of Mobilicity, a mobile wireless service, which was sold to Rogers Communications in July 2015. He was also the major shareholder of KEYreit, Canada’s largest “small box” real estate investment trust which was sold in 2013.
Early life
Name | John Bitove |
Net Worth | $500 million |
Occupation | Businessman |
Age | 63 years |
Height | 1.75m |
John I. Bitove Jr. was born in 1960 (age 63 years) in Toronto, Ontario, Canada. He is the son of John Bitove, Sr. and is of Macedonian heritage.
Career
John Bitove earned an undergraduate Bachelor of Science degree in Business (marketing) from Indiana University Bloomington in 1983. He is a member of the Beta Eta chapter of the Sigma Nu fraternity.
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Bitove also received a Bachelor of Laws degree from the University of Windsor in 1984 and was called to the bar and admitted to the Law Society of Upper Canada (Ontario) in 1986. Since 2007 he has served on the board of trustees of Wake Forest University in North Carolina.
On September 30, 1993, the National Basketball Association invited a group led by Bitove to be the 29th team to join the league. In addition to being the Founder of the Toronto Raptors basketball team, he led the creation of the Air Canada Centre the new home of sports and entertainment in Toronto, including some new, state-of-art stadium features.
In 2005, John Bitove established the S’Cool Life Fund, which has raised over $2.8 million to fund extracurricular activities in Canadian public schools. To date, S’Cool Life Fund has provided grants to over 1,000 schools for D.R.E.A.M.S. (Drama, Recreation, Extra-Curricular, Arts, Music, or Sports) projects across Canada helping to make school life more enjoyable for thousands of public elementary children in grades K-8.
Bitove was the volunteer president of the City of Toronto bid for the 2008 Olympic Games. He has also been the volunteer organizer for the 1993 IAAF World Indoor Championships in Athletics (track and field) and the 1994 FIBA World Championship of Basketball. In 2005, he received the first James Naismith Award of Excellence from Canada Basketball.
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His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential businessmen in Canada. He stands at an appealing height of 1.75m and has a good body weight which suits his personality.
Wife
John Bitove is married to his wife Randi Zenner Bitove, they had their wedding in Canada. His wife is a private person and together they have three children. As of April 2023, John Bitove and his wife Randi are still married.
John Bitove net worth
How much is John Bitove worth? John Bitove net worth is estimated at around $500 million. His main source of income is from his primary work as a businessman. John Bitove’s salary per month and other career earnings are over $10 million dollars annually.
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