Michael Mehrdad Latifi (born October 1962 in

Iran Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the nort ...

) is an Iranian-Canadian billionaire businessman. He is the owner, Chairman and CEO of Sofina Foods Inc., a

Markham, Ontario Markham () is a city in Regional Municipality of York, York Region, Ontario, Canada. It is approximately northeast of Downtown Toronto. In the Canada 2021 Census, 2021 Census, Markham had a population of 338,503, which ranked it the largest in ...

-based manufacturer of food products. Sofina acquired Lilydale in a C$130 million deal in 2010, and Santa Maria Foods ULC, an importer and distributor of specialty Italian brands, in 2012. He was born in Iran and immigrated to Canada. During his teenage years, he worked at

McDonald's McDonald's Corporation, doing business as McDonald's, is an American Multinational corporation, multinational fast food chain store, chain. As of 2024, it is the second largest by number of locations in the world, behind only the Chinese ch ...

. Through the investment company Nidala (BVI) Limited, which is controlled by Latifi, he invested £200 million (around 270 million USD or C$350 million) in

McLaren Group McLaren Group Limited ( ) is a British holding company based in Woking, England, which is involved in Formula One and other motorsport and the manufacture of sports cars. The group was founded by Ron Dennis shortly after his acquisition of the ...

. Michael is the father of racing driver

Nicholas Latifi Nicholas Daniel Latifi (; born 29 June 1995) is a Canadian former racing driver, who competed in Formula One from to . Born in Montreal and raised in Toronto, Latifi is the son of Iranian Canadians, Iranian-Canadian billionaire businessman ...

, former driver for the

Williams Williams may refer to: People * Williams (surname), a surname English in origin, but popular in Wales, 3rd most common in the United Kingdom * Williams Nwaneri, American football player Places Astronomy * Williams (lunar crater) * Williams ...

Formula One Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula Auto racing, racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one ...

team.

References

{{DEFAULTSORT:Latifi, Michael Canadian businesspeople Living people McLaren people Canadian people of Iranian descent 1962 births