Carlo Fidani Net Worth

Net Worth: $2 Billion

Canadian businessman Carlo Fidani has an estimated net worth of $2 billion as of March 2013 according to Forbes.

Carlo Fidani is known to be the grandson of the founder of Fidani and Sons which is a Toronto-based area construction company which was founded sometime in 1948. When his father died in 2000, Fidani took the full management of the business which is now known as Orlando Corp.

Currently, the company manages, leases and owns 40 million + square feet of commercial real estate and industrial offices in Toronto.

In addition to being a businessman, Carlo Fidani is also known to be a generous supporter of Toronto-based health services. In fact, he offers support to various organizations like the University of Toronto Mississauga, Princess Margaret Hospital Foundation and Carlo Fidani Peel Regional Cancer Centre in Mississauga.

One of Carlo’s first acts as chairman of Orlando Corp., the family’s holding company, was a $6-million donation to help build a regional cancer centre in Mississauga, just west of Toronto. Orey, Carlo’s father started in the business as a teenager. During the 1960s, he acquired huge tracts of land in Ontario’s Golden Horseshoe, which he turned into a string of business parks. The Heartland Business Community is a 25-million-square-foot complex in Mississauga. Orlando also owns Toronto’s Bayview Village mall. Despite its relatively small stature, at 440,000 square feet, it’s one of best malls in the country. Its revenue astounds most real estate watchers.

It’s a relatively small upscale mall in Toronto’s north end but the selling $500-million price for Bayview Village last year in 2013 is sending a strong message about the property market in Canada. Real estate prices in the right markets are still strong.

Carlo Fidani is the #999th richest man in the world with a net worth of $2 Billion and the richest Italian of North America.