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Michael Latifi

Michael Latifi

Michael Latifi (#1241)

Global Rank #1241
Country Rank #38
Country Canada

Michael Latifi is listed among the world billionaires tracked by Iconic Billionaires.

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

Snapshot

Quick Facts

Global Rank #1,241
Country Rank #38
Net Worth $3.5B
Previous Worth $3.5B
Worth Change +$0.0B
Country Canada
Industry Meat processing
Age 63 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 12 Sep 2026, 12:00 AM
Residence Toronto, Canada
World Billionaires List Canada Billionaires Meat processing

Profile Data

Personal Stats

Age 63
Source Of Wealth Meat processing, Self Made
Residence Toronto, Canada
Citizenship Canada
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $3.5B
Current Net Worth $3.5B

Worth as of May 4, 2026

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.

Insights

Did You Know?

Michael Latifi's son, Nicholas Latifi, drove for the Williams F1 team between 2019 and 2022. He left to attend London Business School.

Wealth Growth

Net Worth Growth Over Time

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

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $3.5B (May 4, 2026)

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