Michael Latifi

Michael Latifi

Michael Latifi (#1219)

  • $ 4 B
  • Meat processing
  • Canada
  • M
  • 63 Years

About Me

Michael Latifi is the founder and owner of Sofina Foods, a $4.7 billion (estimated revenue) meat processing giant based in Canada. He bought a 10% stake in McLaren's Formula 1 team in 2018 for about $270 million. Latifi was born in Iran but his family left Iran for Canada when he was a teenager; his first job was flipping burgers at a McDonald's. Today, the Markham, Canada-based Sofina Foods owns prominent brands like Lilydale, Mastro and Janes, and has more than 13,000 employees worldwide.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Michael Latifi’s rise and global influence.

  • #1223   Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Michael Latifi’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $3.5B (May 4, 2026)