 According to "Forbes", he is the 8th richest person in Canada and the 339th richest person in the world, with an estimated net worth of US$5.2 billion as of February 2020.Saputo was born in Montelepre, Sicily, Italy, in 1937, to Giuseppe Saputo, a cheesemaker, and his wife Maria.He completed his secondary schooling in the early 1950s, and shortly thereafter, the Saputo family immigrated to Montreal, Quebec.