Murray Menkes, the founder of Canadian real estate developer Menkes Developments, opted out of the fur business in the 1950s to start a new career and pursue his dream of becoming a billionaire. In 1954, he purchased two lots in Toronto and began developing properties. Since then, his business has flourished, and he became a billionaire. Although he died in 2013, his sons took over the company. Each of them leads a division, and has different skills. Alan runs the high-rise developments while Steven focuses on low-rise residential buildings.
Canadian Real Estate Developer
In addition to his commercial and residential development, Sam Mizrahi is an Iranian-born Canadian real estate developer who is active in Toronto. Currently, he serves as the president of Mizrahi Inc., a Canadian corporation. He is known for the One skyscraper in Toronto, and was ranked as the 45th most influential person in the city by Toronto Life. His charitable foundation supports many nonprofit organizations, including the National Arts Council, which he supports.
Mizrahi is a Canadian-born Iranian. He is the head of several companies and is known for his ability to identify game-changing opportunities and implement his vision. He first got his start in the business world when he was 16 years old, selling blank audio cassette tapes to independent stores in Toronto. He later returned to the real estate business and has been developing residential and commercial properties. In addition to building towers and condos, Mizrahi supports various nonprofits and the arts.