Mitchell Goldhar

Early life

Mitchell Goldhar was born in 1962.

Education

Mitchell Goldhar holds a Bachelor of Political Science degree from York University and has been an adjunct professor with the Joseph L. Rotman School of Management at the University of Toronto for 15 years.

Career

Mitchell Goldhar is a Canadian billionaire and businessman who founded real estate firm SmartCentres and has been in the real estate development business for over 30 years. Since opening the first new Canadian Walmart store in Barrie, Ontario in 1994, Goldhar has developed over 265 shopping centers across Canada. In May 2015, he sold most of SmartCentre’s assets to SmartREIT, for about $880 million in shares, cash and assumed debt. Goldhar, who chairs SmartREIT, also owns various developments across Canada through his private company Penguin Investments. This includes a stake, along with SmartREIT, in the Vaughan Metropolitan Centre, a 100-acre master planned development north of Toronto. Mitchell Goldhar is the Executive Chair of the Board since 2018 and Chief Executive Officer since 2021, as well as the owner of the Penguin Group of Companies.

Net Worth

As the Owner of SmartCentres, Mitchell Goldhar is worth an estimated $3.1 billion and ranked No. 1174 on Forbes 2021 Billionaires List.

Achievement

Additionally, Mitchell Goldhar is the President and CEO of Penguin Investments Inc., a director of Indigo Books & Music Inc., a Director Emeritus with the SickKids Foundation, is on the Advisory Board for the Canadian Sports Concussion Project and is owner of the Maccabi Tel Aviv Football Club and has been a Trustee of SmartCentres since July 8, 2005.