Boldi was born in Luino on 23 July 1945. In 1955 his family moved to Milan, where he joined evening classes and began working as a window-dresser and then as a door-to-door salesman for a pastry company. In 1968 he started performing in cabaret. In the 1970s he did not perform, but managed a bar-latteria in Milan. On September 29, 1973, he married Marisa Selo . Their marriage lasted until Selo's death on April 8, 2004.
He suffered an arm fracture when he was dancing with Teo Teocoli in Scherzi a Parte.
Has three daughters that he named with the initial "M": Micaela (b. 1974), Manuela (b.1981) and Marta (b.1990). He also has a grandson, Massimino (b.2003), Micaelas son.
Frequently worked with Christian De Sica , Biagio Izzo and the director Neri Parenti.
Brother of Claudio Boldi.
Started as a drummer for Milans "Derby" cabarets band.
Engaged to actress Loredana De Nardis.