Mitchell Goldhar Net Worth

What is Mitchell Goldhar’s Net Worth?

Mitchell Goldhar, a Canadian real estate businessman, has an estimated net worth of $1.9 billion. He is widely known for his role as Wal-Mart’s primary developer in Canada, which contributed significantly to his wealth.

Highlights

– Mitchell Goldhar has a net worth of $1.9 billion.
– He became Wal-Mart’s go-to developer in Canada, building and selling SmartCentres.
– He owns a 21% stake in Calloway, a property management company.
– Goldhar is the owner of Maccabi Tel Aviv FC, an Israeli soccer team.
– He has donated $1 million to the Brain Campaign for the Canadian Sports Concussion Project.

Early Life

Unfortunately, there is limited information available about Mitchell Goldhar’s early life, including his birthdate, birthplace, and gender. However, his success in the real estate industry speaks for itself.

Career

Mitchell Goldhar’s career took a significant turn when he approached Sam Walton, the founder of Wal-Mart, in the 1990s to propose a partnership and bring Wal-Mart stores to Canada. Due to his determination, Walton agreed to give him a chance, making Goldhar Wal-Mart’s primary developer in the country.

Goldhar initially built SmartCentres, which predominantly featured Wal-Mart as an anchor tenant. He then sold these developments to property managers and real estate investment trusts like Calloway, in which he holds a 21% stake.

Currently, Goldhar manages his business from SmartCentres’ headquarters, also known as “the Igloo,” located in Vaughn, Ontario. Aside from his real estate ventures, he also owns Maccabi Tel Aviv FC, a prominent Israeli soccer team.

Furthermore, Mitchell Goldhar is recognized for his philanthropy. He donated $1 million to the Brain Campaign for the Canadian Sports Concussion Project, showcasing his commitment to supporting research on the effects of repetitive concussions in sports.

Personal Life

Unfortunately, there is limited information available about Mitchell Goldhar’s personal life.

Net Worth Over Time

Mitchell Goldhar’s net worth has experienced significant growth over time. As the primary developer for Wal-Mart in Canada, his involvement in building and selling SmartCentres, as well as his stake in Calloway, has contributed to his impressive wealth accumulation.

Components of Net Worth

While precise details about the components of Mitchell Goldhar’s net worth are not readily available, it is evident that the majority of his wealth stems from his successful real estate ventures. His involvement with Wal-Mart and his stake in Calloway have been instrumental in building his net worth to an estimated $1.9 billion.

In conclusion, Mitchell Goldhar, a Canadian real estate businessman, has amassed a net worth of $1.9 billion through his involvement with Wal-Mart and his achievements in the real estate industry. His success as a developer, owner of a stake in Calloway, and owner of Maccabi Tel Aviv FC have contributed to his remarkable financial standing. Goldhar’s philanthropy, demonstrated by his generous donation to the Brain Campaign, further showcases his commitment to making a positive impact beyond his business pursuits.

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