Rich 100 rank: #97 NEW Major company holdings: Green For Life Environmental Location: Toronto Age: 38. Patrick Dovigi. Darryl McCoubrey, an analyst with Veritas Investment Research, says investors will be watching to see how GFL manages its debt levels, which are at the high end for the industry. Patrick Wojahn Wikipedia, Age (Birthdate & Birthplace & Ethnicity) Patrick celebrates his birthday every year on 8 August. How could a man whose rsum includes a stab at becoming an NHL goalie, a stint in automotive leasing and a failed venture alongside Kiss frontman Gene Simmons, create such a vast fortune from nothing? Under Dovigi's leadership, GFL Environmental has grown to have a total enterprise value of $5.13 billion as of April 2018. 1 reference. Dovigi assumed his rivals must have done the same analysis. Attached to the filing is a contract of purchase and sale for the Whistler lot from broker Whistler Real Estate Co. Ltd. dated March 28, 2016, detailing the $1.95-million transaction set to close on May 3, 2016. It should be noted that GFL, its operations and this team have been through several very thorough and extensive diligence processes by leading global private equity firms, pension funds and sovereign wealth funds over the course of almost 14 years, as well as being vetted by underwriters and investors throughout a robust initial public offering process. LARS (154 feet) . The Dovigis, who married seven years ago, have five children, including one from Fernandas previous relationship and a daughter Dovigi had with Mojdeh Razi, an interior designer who lives in California. In a little over a decade, Patrick Dovigi has transformed GFL Environmental from virtually nothing into a trash empire with more than 9,500 employees collecting waste, recycling and organics from more than four million households in nine provinces and 23 U.S. states. In 2007 he launched Green For Life Environmental Inc. with $25,000. Patrick Dovigi, the CEO of GFL Environmentalthe fourth-largest waste management company in North Americaclambers over a pile of stained mattresses, crushed plastic bottles and rotting wood at. It reached that target in 2012, the year it began collecting trash and recycling in western Toronto. I got my brains from my mother and my work ethic from my father, says Dovigi. If Dovigi sees the irony in acquiring the artwork of a photographer whose work documents the horrifying effects of waste, he doesnt show it. In 2009SuperYachtFanin its current format was published online and soon the focus changed from yacht photos toyacht owners, creating theSuper Yacht Owners Register. Goalie -- shoots L Born Jul 2 1979 -- Sault Ste. In addition to being a regular supporter of charities supporting local family and health initiatives, in 2019 he contributed $5 million to help create the Dovigi Family Sports Medicine Clinic, a first of its kind sports medicine research and care facility providing support to individuals with sports-related injuries. [21], Last edited on 30 September 2022, at 02:08, "Top of the heap: How BC Partners pulled off the biggest private buyout in Canada with GFL deal", "GFL Environmental Inc. announces $5.125 Billion recapitalization with new investors led by BC Partners and their partner OTPP", "GFL Environmental buying U.S. company Waste Industries in deal valued at $3.65B", "Toronto's new garbage magnate stickhandles his way to the front", "Q&A: Patrick Dovigi, the NHL-goalie-turned-entrepreneur who won Toronto's lucrative garbage contract", "Muskoka, Canada's Vacation-Home Haven, Gets a Modern Makeover", "Looking back at the 1996 and 1997 drafts", "Business is picking up at garbage upstart Green for Life", "GFL Environmental Completes CAD$800m Acquisition of Matrec", "GFL to stay private amid IPO rumors with $5B recapitalization deal", "GFL Founder & CEO Patrick Dovigi Wins Prestigious Ernst & Young Award", "We can officially call it 'The Gardens' again", "Marty Bryant, Patrick Dovigi and Tara Hemmer Elected to EREF Board of Directors", "Patrick Dovigi Donates $5M To Fund New Dovigi Family Sports Medicine Clinic", https://en.wikipedia.org/w/index.php?title=Patrick_Dovigi&oldid=1113156233, This page was last edited on 30 September 2022, at 02:08. Patrick is the Founder, President and CEO and Chairman of the Board of Directors of GFL. Simply, we are committed to delivering on our mission to grow the company, serve our customers safely and create shareholder value over the long-term as we have for all of our stakeholders over the last 14 years. Patrick Dovigis elbows-up style, penchant for debt-fuelled acquisitionshes completed more than 100 since 2007and sharp eye for marketing have earned him a reputation as a disrupter in the once staid trash business. It was Dovigis first exposure to the waste business, though he might just as easily have wound up in Hollywoodone of Brovis investments was a broadcast venture with Kisss Simmons called No Good TV; Dovigi spent time in California with the rocker and sat on the companys board, but it was a bust. Patrick Dovigi is a Canadian former hockey goalkeeper, entrepreneur, businessman and founder, president and chief executive officer of Canadian environmental services company, Green For Life Environmental Inc. (GFL). On the day of our photo shoot, Dovigi arrives in a sleek black Lamborghini SUV, which hed bought three months earlier and planned to swap for another set of wheels three months later. Look, when you put on 100 new drivers, theres going to be speed bumps, Dovigi says, noting that the complaints largely went away after the first few months. We dont have crushing levels of debt. I dont think Patricks been subject to that scrutiny to date, says Payne. (Luxury travels of the Billionaire Boys Club). BBRC is a private investment company that is active in 3 key portfolios. Opponents pleaded with council to block the redevelopment, with several citing Dovigis own nearby cottage as a reason. The company was founded in 1984 by Gianni Zuccon and his late wife Paola Galeazzi. Her asking price was EUR 84 million. The deal follows the sale last year of a $57.25 million home in nearby Vail, Colo., which also set a record for that area, The Wall Street Journal reported. Four seats to the left of Mulroney is Patrick Dovigi of Green for Life Environmental, and his wife, Fernanda Dovigi (in orange). . Now the couple is renovating a seven-bedroom period home in Rosedale to accommodate their expanding brood. [20], Dovigi serves as a director on the board of directors for the Ontario Waste Management Association (OWMA). Marie, in Northern Ontario, and his parents were both teachers, though his father also owned two chains of sports bars. What started as a yacht spotter hobby, turned into a fast-growing yachting site with thousands of unique daily visitors. With thousands of daily visitors and a strong growth rate, The details about yacht ownership as stated on this site and in our Yacht Owners Register are. The interior of the LADY JORGIA yacht was designed by Winch Design, an award-winning studio founded by Andrew Winch and his wife, Jane. I need monies to live on and I have virtually exhausted all of my saving and have had to rely on borrowings from friends and family members to not only provide for my familys support but to pay monies on account of the requirement of lawyers in the state of New York.. A two-month cleanup became a two-year project, during which, Dovigi says, his eyes were opened to opportunities in the industry. In 2007, Patrick had a vision to create a company that is a "one -stop shop" provider of environmental solutions. More:U.S. Vacation-Home Market Is Outpacing the Broader Housing Boom. Dovigi, a goalie, was even drafted by the Edmonton Oilers, but he never made it past the . Please mention SuperYachtFan when using this information.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,100],'superyachtfan_com-medrectangle-4','ezslot_7',683,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-medrectangle-4-0'); He lives with his wife Fernanda Dovigi in a large house in Toronto. His husband's name is Dave Kolesar. edit. Con Erica Peeples, Tiffany Black, Sean Patrick Thomas, Chris Sakyi. He was born in 1979. Patrick Dovigi is the founder of Canadian environmental services company, Green For Life Environmental Inc. He also owns a Quest Kodiak 100 waterplane (C-GKDG), which he uses to fly to his residence on his private island near Toronto. [11], Dovigi then established a new company and worked with the municipality of Vaughan and the environment ministry for two years to return the operating license to the waste transfer station. It was spring 2011, and GFL was one of several companies vying to take over garbage collection in the area. Q&A: Patrick Dovigi, the NHL-goalie-turned-entrepreneur who won Toronto's lucrative garbage contract . But Dovigi had a problem. He is the owner of the luxury motor yacht Lady Jorgia. Mr. Dovigi didnt immediately respond to a request for comment. GFL's shares dropped nine per cent the day the Spruce Point report was issued, and had not fully recovered by close of trading Aug. 24. A Quest Kodiak has a list price of around $ 2.5 million. Activities include collection, hauling, sorting, transfer, and disposal of non-hazardous solid waste, and hazardous and non-hazardous liquid wastes. She was built in 2017 by CRN and was designed on the exterior by Zuccon. By using the Maple transfer station as a base, he believed he could stitch together some of these smaller solid and liquid waste shops, and bundle their services for customers. High-end residential sales, in the tens of millions of dollars, have soared recently throughout South Florida, but in particular in Miami-Dade and Palm Beach counties. A database with more than 1,450 yacht owners. The LADY JORGIA yacht is Patrick Dovigi, a former Canadian hockey goalkeeper. Its okay, Dovigi says of the stains. We have private-company levels of debt, and once we go public, we will have public-company levels of debt, says Pelosi. Sometimes in the sports world, you feel like a piece of meat, he says. Dovigi, 33, of Toronto, said he had believed the mom, Mojdeh Razi, 36, an interior designer, was only taking a vacation and would return to Canada for the birth. The yacht is designed by Zuccon International. Certainly not billionaire Patrick Dovigi. Delia Mulholland, now claiming to be Vision Crests sole director, denies the SECs allegations and is seeking to sell the Whistler property to pay her husbands legal costs, in addition to taxes owed to the District of West Vancouver and contractors. They have 5 children, including 2 from previous marriages. That music store grew into a 350-store chain called the Sanity Entertainment Group. Maybe it was just a matter of time before GFL stumbled. Readers of design magazine OBJEKTInternational got a peek inside House Dovigi in 2017, when it devoted a spread to the couples Ritz-Carlton penthouse. Investors have driven valuations to record highs. Dovigi continues to serve as GFL's president and chief executive officer. GFL, which stands for Green for Life, has an even larger business in hauling waste away from companies, office towers and apartment buildings. Delivers the most important property news around the world to your inbox each weekday, COPYRIGHT 2023 MANSION GLOBAL. He also holds 27% of the voting rights. Patrick Dovigi. Two weeks after the deal closed, CEO Chuck Rizzo Jr. was revealed to be at the centre of an FBI corruption investigation. Jump to navigation Jump to search. There are markets where there are opportunities for us to have our own cradle-to-grave solutions, says Dovigi. According to SEC documents he owns approximately 4% of the companys shares, which have a value of around $750 million. He and his Brazilian wife, Fernanda, who have five children between them, regularly appear in fashion and society photo spreads, and were spotted courtside during the Toronto Raptors championship. They have 5 children, including 2 from previous marriages. [3], In honour of his hometown, in 2018 Dovigi acquired naming rights for GFL for the home of the Soo Greyhounds from the city of Sault Ste. The yachts owner was Canadian billionaire Patrick Dovigi. Dovigis path to the garbage business took several turns. ), A bigger question is how Dovigi will adjust to life under the watchful eyes of the market, analysts and regulators. One project drew stiff resistance from locals. I had this opportunity to put 85 beautiful, bright green trucks in Canadas largest city, Dovigi says. Every night in the summer, the lights blaze forth and an area of the lake which used to be dark (at night) and suitable for star-gazing is now as bright as a shopping mall, wrote one cottager. In 2018 his income was $49 million, including stock options. After operating largely away from the public eye for more than a decade, GFL will undergo a level of scrutiny with its IPO that he has never experienced. He also brought in an outside law firm and forensic auditor to screen employee emails for evidence they were aware of the corruption. He knew GFL could get its trucks rolling faster, and do the job with fewer vehicles, than the city did. With thousands of daily visitors and a strong growth rate,SuperYachtFan became one of thelargest superyacht sites. Brovi Investments had a mortgage on this waste transfer station and Dovigi was assigned to take care of the station's clean-up. Mr. Dovigi is president and CEO of Green For Life Environmental, a Canadian environmental services and waste management company. Age : 43. Pool photo by Andrew J. Whitaker. The Toronto-based company is active in waste management. It has just 20 people working in its corporate head offices, says Dovigi. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. Blundy sold his shares and started the lingerie chain Bras N Things.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'superyachtfan_com-medrectangle-4','ezslot_2',696,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-medrectangle-4-0'); The boat was available foryachtcharterthrough Burgess Yachts. In March 2020, the company was stock listed on the Toronto Stock Exchange, valuating the company at $6.1 billion. We realize the most organic search traffic of all known yachting websites. After attending a business management program at Ryerson University, he went to work for Brovi Investments, a real estate investment firm controlled by Toronto entrepreneur Romeo DiBattista. GFL's 135,000 commercial and industrial waste-management customers include the City of Sault Ste. Patrick Dovigi is the founder of the Canadian environmental services company, Green For Life Environmental. When the results were revealed, GFLs $17.5-million-a-year proposal was $3.5 million less than the next lowest bidder. She weighs 2,200 gross tons and is powered by 2 Caterpillar engines capable of outputting 2680 hp, which enable her to cruise at speeds of 12 knots and can go to a maximum speed of 16.5 knots. "Instead of focusing our energy on comments clearly made to manipulate our stock, we will remain focused on building our business and executing on our strategy," Dovigi said in an early-morning news release. He was born into the large Italian community in Sault Ste. Kayak CEO Steve Hafner paid $40 million for that unit late last year. Patrick Dovigi is a Canadian former hockey goaltender, entrepreneur, businessman and founder, president and chief executive officer of Canadian environmental services company, Green For Life Environmental Inc. (GFL). We are not responsible for any loss that you may incur as a result of relying on these currency conversions. The aircraft was built in 2019. On the other hand where theres smoke, there is fire ;-). Somehow, Dovigi has also found time to pursue a side hustle: developing and selling cottages in Muskoka. A Legacy 450 has a list price of $ 15 million. He resigned on 1 March 2023 after being arrested due to charges of Child Pornography. given name. #top .av-special-heading.av-15bbg6a-b59912668fb8578cb348fb067939b429{padding-bottom:10px}body .av-special-heading.av-15bbg6a-b59912668fb8578cb348fb067939b429 .av-special-heading-tag .heading-char{font-size:25px}.av-special-heading.av-15bbg6a-b59912668fb8578cb348fb067939b429 .av-subheading{font-size:15px}. She also has Satcom, complete air conditioning, and wifi access. Andrew Winch started his career by working at Jon Bannebergs design studio. Hows he doing this? Marie's predominant sports/ entertainment venue, which was renamed GFL Memorial Gardens. This was Dovigis aha moment. Within a year, GFL nonetheless appeared ready to plunge into public markets, with news reports in 2017 suggesting it was pursuing a $1-billion IPO. Over GFLs initial seven-year term, the contract is estimated to have saved Toronto $78 million. Marie, ON, CAN . This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. [9], Dovigi and GFL gained a significantly higher level of prominence when the company won a $186-million, nine-year contract to manage and collect the residential waste of 155,000 homes in the west end of Toronto. Mr. Dovigi is president and CEO of Green For Life Environmental, a Canadian environmental services and waste management company. Then theres the squad of activist short sellers who have made an art out of crusading against high-flying Canadian companies with rich valuations and aggressive growth strategies. That company is now part of AllianceBernstein. Its a bit like Elon with Teslaeventually, the story and the results have to sync up, and if theres skepticism, the markets can go the other way, and access to capital becomes diminished, and it becomes self-fulfilling that you stop growing because youre not buying things.. (. Dovigi, who said he discovered the news from the Free Press, said that it . May 21, 2021 11:30 AM. The deal beats the previous record of $3,924 per foot for penthouse 2 at Palazzo Della Luna. In 2017, Dovigi's net worth was estimated at $1.08 billion. [3] In 2018, GFL merged with Waste Industries,[4] increasing Dovigi's net worth to more than $1 billion. [14] In 2018, he appeared on the Canadian Business - Canada's Richest People 2018 list at #97 with a listed net worth of $1.08 billion. It was called Disko Duck. Patrick Dovigi, the Sault Ste. The silver lining is that all this came out just after we closed, so it was clear the new guard and old guard were different, says Dovigi. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Sticker shock: Ranking South Floridas priciest residential rentals, $16M Fisher Island closing tops weekly condo sales in Miami-Dade, Related Group and partners in contract to buy Fisher Island dev site for luxury condo project, High Street, Daiwa bring resi to River Oaks, St. Charles revamp of torched resort takes center stage in local City Hall races, LIV plans massive resi project in Fort Worth, KBS deal to sell Union Bank Plaza to Joel Schreiber delayed for 9th time. Over the years, he has bought and sold three homes in Forest Hill. GFL Environmental Inc. (NYSE:NYSE:GFL) Q2 2021 Earnings Conference Call July 29, 2021 8:30 AM ETCompany ParticipantsPatrick Dovigi - Founder, President, Chief Executive OfficerLuke Pelosi -. We are not sure what brand of luxury yacht tender this superyacht has. [19], In June 2019, Dovigi donated $5 million to fund a new sports medicine clinic, called The Dovigi Family Sports Medicine Clinic, which will be built in partnership with Sinai Health in Toronto. We realize the most organic search traffic of all known yachting websites.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'superyachtfan_com-leader-2','ezslot_10',855,'0','0'])};__ez_fad_position('div-gpt-ad-superyachtfan_com-leader-2-0'); We are active on social media including Facebook, Instagram, YouTube, Twitter, and TikTok. English Wikipedia. When Dovigi settled on a colour, he asked PPG for a commitment: Once GFLs fleet hit 1,000 trucks, PPG would change the name of the hue to GFL Green. Most of the recycling it collects is taken to municipal facilities. Along with this, she can also fit 25 qualified crew members. The yacht was built as Cloud 9 for Australian billionaire Brett Blundy. Patrick Wojahn Wife:- Patrick Wojahn is College Park Maryland Mayor. Sign in or register for your free account. Yet Dovigi is GFL and vice versa. Likewise, maintenance crews clocked out at 5 p.m., he says, which meant all upkeep and repairs had to be done during the day, requiring the city to keep backup trucks on standby. Canadas king of garbage is, at this moment, standing shin-deep in the stuff. Mr. Sanders declined to comment. I got scared and realized I couldnt beat him, so I joined him., In a little over a decade, Patrick Dovigi has transformed GFL Environmental from virtually nothing into a trash empire with more than 9,500 employees collecting waste, recycling and organics from more than four million households in nine provinces and 23 U.S. states.The Globe and Mail. Mr. Sanders declined to comment. In 2017, he was recognized by Waste360 with a Top 40 under 40 award, and in the EY Entrepreneur of the YearTM Ontario Awards, as Entrepreneur of the Year in the Power & Utilities Sector. Ouryacht owners database has more info about yachts, the value of yachts, yacht owners, their source of wealth, and net worth. Mayor Rob Ford, still two years away from the infamous crack scandal, had made good on his election promise to privatize trash pickup after a pair of smelly, drawn-out strikes by city collectors. family name. Info about the yachts Owner, more Photos and Video, her current Location, and the latest News.
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