LeaderPortfolio
Fortin
Richard Fortin
Rank #2023
CANADAFashion & RetailConvenience stores

Richard Fortin

Net Worth
$2.062B
+0.82% (24h)
Richard Fortin is a Canadian billionaire businessman known for co-founding Alimentation Couche-Tard, a global leader in the convenience store industry, operating under brands like Circle K. His wealth source stems from his early involvement and continued stake in the company. Fortin, now 77, served as the company's CFO and later as Chairman. He is a director of Transcontinental and has served on the board of National Bank of Canada. His career reflects a significant contribution to the retail sector, demonstrating strong financial acumen and strategic leadership, amassing a substantial net worth.

The Full Dossier

Early Life

Richard Fortin was born in 1949 or 1950 and earned a bachelor's degree in management with a major in finance from Université Laval in Quebec City. Before his entrepreneurial ventures, he spent 13 years in finance, eventually becoming a vice-president of the Canadian subsidiary of Société Générale.

Rise to Success

In 1984, Fortin co-founded Couche-Tard, a convenience store chain that has since become a global powerhouse. He served as the Chief Financial Officer from 1984 to 2008, playing a key role in the company's financial strategy and expansion through acquisitions. He later became Chairman of the Board from 2008 to 2011. The company's growth led to Fortin becoming a billionaire in March 2019.

Key Business Strategies

Fortin's success is closely tied to the strategic growth of Alimentation Couche-Tard. His expertise in financial management was crucial in the company's numerous acquisitions, including the expansion into the U.S. and Europe. Couche-Tard's business strategy has been centered around aggressive mergers and acquisitions, enabling the company to grow its global presence. Couche-Tard has over 17,000 stores worldwide as of 2026.

Philanthropy

Richard Fortin, along with his wife Lise, established the Fondation Lise et Richard Fortin. This foundation supports causes like assistance for the elderly and services for children who are survivors of sexual assault.

Career Timeline

2019

Became a Billionaire

Reached billionaire status due to the rising share price of Couche-Tard.

2008-2011

Chairman of the Board, Couche-Tard

Served as Chairman of the Board, guiding the company's strategic direction.

1984-2008

Chief Financial Officer, Couche-Tard

Oversaw the financial operations and played a crucial role in the company's acquisitions and financial strategy.

1984

Co-founder of Couche-Tard

Co-founded convenience store chain Alimentation Couche-Tard, which would later become a global company.

Philanthropic Impact

Social ServicesNot specified

Fondation Lise et Richard Fortin

Supports causes like assistance for the elderly and services for children who are survivors of sexual assault.

Wealth Trajectory