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Power 50 2021



Mitchell Goldhar

SmartCentres REIT

Mitchell Goldhar is a Canadian billionaire and businessman. He founded SmartCentres in the early 1990s, a firm that developed Walmart-anchored shopping malls in Canada and retains a significant ownership stake in its successor firm SmartCentres REIT, where he is Chairman/CEO. In addition to these investments, he operates his owns several other developments across Canada through his privately owned company Penguin Investments.

Mr. Goldhar 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, Mr. Goldhar has developed over 265 shopping centres across Canada (including the development of 175 Walmart stores). Mr. Goldhar is a graduate of York University with a Bachelor of Political Science (1985), a Director of Indigo Books and Music Inc., a Director of Onex Corporation, a Director Emeritus with the SickKids Foundation and for 12 years has been an adjunct professor with the Joseph L. Rotman School of Management. Mr. Goldhar is also on the Advisory Board for the Canadian Sports Concussion Project and is owner of the Maccabi Tel Aviv Football Club. Trustee of SmartCentres since July 8, 2005.

Goldhar's net worth is estimated at $2.9 billion USD as of October 2021.

Mitchell Goldhar

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