Michael Mehrdad Latifi (born October 1962 in Iran)[2][3] is an Iranian-Canadian billionaire businessman. He is the owner, Chairman and CEO of Sofina Foods Inc., a Markham, Ontario-based manufacturer of food products. Sofina acquired Lilydale in a C$130 million deal in 2010,[4] and Santa Maria Foods ULC, an importer and distributor of specialty Italian brands, in 2012.[5] He was born in Iran and immigrated to Canada. During his teenage years, he worked at McDonald's.[6] 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.[7][8][9]
Michael is the father of racing driver Nicholas Latifi, former driver for the Williams Formula One team.
References
- ^ "The inspiration behind the Latifi's philanthropy". Your Health Matters. 3 May 2018.
- ^ "Michael Mehrdad Latifi". Companies House. Retrieved 9 July 2020.
- ^ "Michael Latifi makes major McLaren investment". Eurosport. 21 May 2018.
- ^ "Sofina Foods to Acquire Lilydale in $130M Deal - Foodservice and Hospitality Magazine". foodserviceandhospitality.com. 19 February 2010. Retrieved 10 June 2018.
- ^ "Sofina Acquires Santa Maria - Foodservice and Hospitality Magazine". foodserviceandhospitality.com. 26 March 2012. Retrieved 10 June 2018.
- ^ "Michael Latifi". Forbes. Retrieved 3 March 2025.
- ^ Daan de Geus (21 May 2018). "Father of F2 Racer Nicholas Latifi Becomes McLaren Group Shareholder in $270M Deal - The deal has nothing to do with his son's racing career, however". TheDrive. Retrieved 10 June 2018.
- ^ Scott Mitchell; Jack Benyon (29 May 2018). "Nicholas Latifi: Dad's McLaren investment paints wrong picture of me". Autosport. Retrieved 10 June 2018.
- ^ Trackworthy (22 May 2018). "Canadian Michael Latifi Buys $350 Million Stake in McLaren Group". wheels.ca. Retrieved 10 June 2018.
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