The managing director of the Cuneo-based company that produces Nutella and the Kinder specialties has a personal wealth of about 22.4 billion dollars, according to Forbes ranking
Nutella and Kinder specialties have become the pillars of an empire, with factories on five continents and 23,500 workers. So much so that the managing director and executive chairman of the Alba company, Giovanni Ferrero, is the richest man in Italy, in 39th place in the "paperoni" ranking of the whole world drawn up by Forbes. His personal net assets are estimated at around 22.4 billion dollars. Greater than that of the patron of Luxottica Leonardo Del Vecchio (19.98 billion) and that of Stefano Pessina, CEO of Walgreens Boot Alliance, the second and third place in the Italian ranking.
Son of Michele Ferrero, who died in 2015 at the age of 89, and of Maria Franca Fissolo, Giovanni was born on September 21, 1964 in Farigliano, a town in the province of Cuneo. He is 54 years old and from more than 40 lives in Brussels, where he studied at the European school. He graduated in Marketing in the United States and, in 1997, he became CEO of the family business, along with Pietro, the eldest son of Michele and his wife. After the death of his brother, who died in Africa in 2011, at age 47, due to a heart attack, Giovanni became the sole CEO of the company, of which his father Michele was president until his death.
Reserved and shy, jealous of his privacy as the rest of the family, is married to Paola Rossi, official at the Secretariat of the European Commission, and has two sons: Michele and Bernardo. He lives in Brussels with his family and, in addition to taking care of the business, he loves to write. He has published eight books, including some novels. And he is convinced, as he says Forbes, that "the attention to the needs of employees, their families, their lives, even when they stop working, cements a mutually beneficial social cohesion".