Patrick Dovigi Net Worth
Patrick Dovigi Net Worth
Founder of the Green for Life Environmental Inc., Former NHL Goaltender, and Donor to various causes in Toronto.
Former NHL goaltender
Founder and chief executive officer of GFL Environmental Inc., Patrick Dovigi is one of the richest businessmen in Canada. His net worth is estimated at $1 billion. Known for his aggressive deal making, Dovigi has amassed more than 100 acquisitions since 2007. He has also earned the title of Entrepreneur of the Year.
Patrick Dovigi started his own waste company in 2007, GFL, with a mission to unlock the value of smaller Canadian waste companies. He also wanted to create a brand that would unify all his acquisitions and offer bundled environmental services under one company brand.
In 2016, GFL acquired Rizzo Environmental. It also acquired the naming rights to the home of the Soo Greyhounds junior hockey team in Sault Ste. Marie, Ontario. He also added Memorial Gardens to the name and a green sign on the building.
The company is undergoing an initial public offering (IPO) that will be the largest Canadian IPO in years. The IPO will be worth more than US$2.1 billion if all shares are sold. The company plans to use the proceeds to repay debt and accelerate its growth across Canada. It forecasts earnings before taxes for the nine months ending September 2018.
Dovigi has a strong competitive spirit and is known for his ability to unearth opportunities. He was also a vice president at Right Lease, a company that leased construction equipment. He has also worked in automotive leasing.
Founder of Green For Life Environmental Inc.
Founder of the fourth largest environmental services company in North America, Patrick Dovigi is the man behind GFL Environmental Inc. With over 9,500 employees and over 135,000 customers, GFL is one of the fastest growing companies in Canada.
GFL services four million households in nine Canadian provinces and the U.S. and provides environmental solutions for the solid waste and waste water industries. It has been referred to as a “one stop shop” provider of environmental solutions. Its service offerings include hazardous and non-hazardous solid waste collection, landfill management, and demolition services.
Dovigi grew up in Sault Ste. Marie, Ontario, and went on to receive an undergraduate degree from Ryerson University. He later worked for Brovi Investments, an automotive leasing firm, and Right Lease, a construction equipment leasing company. He reportedly has a sharp eye for marketing and deals.
In 2007, he founded Green For Life Environmental Inc. (GFL) with a $250,000 investment. It has since grown to employ over 9,500 employees and serve over four million households in nine Canadian provinces and 23 U.S. states.
Home in Aspen
Earlier this year, Patrick Dovigi, former Canadian hockey player turned entrepreneur, purchased a home in Aspen, CO for $72.5 million. This was the highest price ever paid for a home in the Pitkin County. He’s now CEO of Green For Life Environmental, a waste management company.
While Aspen has always been a hotspot for the rich and famous, it’s gotten even hotter in recent years. This summer, the median single-family house in Aspen went for $13.2 million. That’s 35% more than the median price in the same year last year.
The new home has a spa, pool and views of the surrounding mountain ranges. It’s also located on a 1.4-hectare property that’s just ten minutes away from Dovigi’s previous residence. The asking price of $100 million, however, is a bit over the top.
The most impressive home is actually the one located on Red Mountain, or Billionaire’s Mountain as it’s known in Aspen. It’s a unique ski-in, ski-out mansion that sits above the Residences at Little Nell. It’s the kind of property that would likely sell for more than the asking price. The property was built in 2006 and was recently remodeled.
Donations to various causes in Toronto
Founder and CEO of Green For Life Environmental Inc., Patrick Dovigi is a Canadian entrepreneur who focuses on sustainability, waste management and environmental services. He has been recognized by EY as one of Canada’s top 40 under 40 entrepreneurs in the power and utilities sector. He is also a member of the Board of Directors of Planned Parenthood Toronto.
Dovigi and his wife, Fernanda, own three homes in Forest Hill. They are renovating a seven-bedroom period home in Rosedale.
Dovigi’s passion for giving back to local communities is evident in his work. He has contributed $5 million to the creation of the Dovigi Family Sports Medicine Clinic. This clinic helps people recover from sports related injuries. He has also helped establish an Indigenous health program at Women’s College. He has also contributed to the Teach for Tomorrow program, which helps identify young Inuit students in high school.
Gilgan is the number one health care donor in Canada. In 2012, Gilgan donated $40 million to SickKids, making it the largest gift to SickKids in its history. This was followed by another $40 million gift in 2014. In June, Gilgan donated another $100 million, making him the largest health care donor in Canada.