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Top 10 Richest Poeple in Italy (Billionaire World) 2021

Top 10 Richest Poeple in Italy (Billionaire World) 2021

In a country that is iconic for its exuberant luxury, including high-end Milanese fashion, traditional cuisine and Tuscan wine, it’s perhaps not surprising that Italy is also home to some of the world’s wealthiest people.

Many of the names on this list have had to work hard to reach the top, however. As you will see, these billionaires and business tycoons come from all types of backgrounds, having found success in industries as diverse as confectionery, eyewear and designer goods.

So, if you’re wondering who has amassed the biggest fortune, then read on – here are the 10 richest Italians, according to Forbes.

1. Giovanni Ferrero
Net Worth:$28 Billion

Giovanni Ferrero Italy Billionaire

Giovanni Ferrero net worth: Giovanni Ferrero is an Italian businessman who has a net worth of $28 billion. Giovanni Ferrero was born in Farigliano, Italy in April 1964. He is best known for being part of the Ferrero SpA confectionary company family. Giovanni is the son of Maria Franca Fissolo and Michele Ferrero who owned the Ferrero company. Giovanni studied in Brussels, Belgium and then moved to the United States to study marketing. He then moved back to Europe to work for the family company. Giovanni Ferrero became joint-CEO with his brother Pietro in 1997. After Pietro passed away in an accident in 2011, Giovanni Ferrero assumed leadership of the corporation. Ferrero makes brands such as Nutella, Ferrero Rocher, and Tic Tac. They do over $11 billion a year in revenue and employee more than 20,000 people.

2. Michele Ferrero
Net Worth: $25 Billion

Michele Ferrero

Michele Ferrero Net Worth: Michele Ferrero was an Italian businessman who had a net worth of $25 billion dollars. That made him him the richest man in Italy while he was live. Michele Ferrero was the owner of Ferrero SpA, the chocolate company responsible for Nutella, Tic Tacs, Ferrero Rocher, Mon Cheri, Kinder Chocolate, and Kinder Eggs, among others.

He was born on April 26, 1925, in Dogliani, Italy. He inherited the chocolate maker in the 1950s, and eventually went on to grow the company into the fourth-largest manufacturer of chocolate and other confectionery products in the world. Maybe his father Pietro Ferrero was the mastermind behind the creation of today’s Nutella, but it was Michele’s business acumen that turned the product into a global brand. Under his leadership, numerous other brands were launched including Ferrero Rocher, Mon Cheri, Pocket Coffee and the famous pocket mints Tic Tac. Today, the company operates more than 70 affiliated companies, has 15 production plants and numbers nearly 22,000 employees worldwide. In 1997, Michele’s two sons, Giovanni Ferrero and Pietro Ferrero, took over the lead of the company, while he remained the patriarch of the Italian chocolate dynasty. The unfortunate death of Pietro left his brother a sole CEO of the group. Despite being one of the richest people in the world and the richest person in Italy, Michele Ferrero was widely known for being very secretive and is rarely seen in public without sunglasses. Michele Ferrero died on February 14, 2015.

3. Leonardo Del Vecchio
Net Worth: $20 Billion

Leonardo Del Vecchio

Leonardo Del Vecchio net worth: Leonardo Del Vecchio is an Italian businessman who has a net worth of $20 billion. Leonardo Del Vecchio is the founder and chairman of Luxottica, the world’s largest producer and retailer of sunglasses and prescription glasses. Luxottica’s US chains include Sunglass Hut and LensCrafters, as well as brands like Ray-Ban and Oakley. With the growth of the middle class in emerging markets like China, Luxottica’s customer base grew as well. This made company’s share price go up along with Del Vecchio’s net worth. Before becoming the 2nd richest person in Italy, Del Vecchio had a pretty tough life, being sent to orphanage at a young age of 7 after his father died. He made his career beginnings as an apprentice at a Milan-based factory, which was a tool and dye maker. In 1961 he moved to Agordo, where he started selling complete eyeglass frames under the Luxottica brand. Doing good in his business, he eventually created the Luxottica company, which now has 65,000 employees, owns 7,100 optical and sun-glass retail stores. Leonardo Del Vecchio is married with six children and his son Claudio owns US men’s retailer Brooks Brothers, which licenses glasses from Luxottica.

4. Stefano Pessina
Net Worth: $13.9 Billion

Stefano Pessina

Stefano Pessina net worth: Stefano Pessina is an Italian businessman who has a net worth of $13.9 billion. Stefano Pessina is a former nuclear engineer who took over his family’s pharmaceutical wholesaler Naples in 1977, and eventually he turned it into Alliance UniChem Group. In 2006, the group merged with the U.K. pharmacy chain Boots Group to form today’s Alliance Boots. One year later he became the Executive Chairman of the company and has remained on that position ever since. The same year the Alliance Boots went private in a $22 billion deal with financing from leading global investment firm Kohlberg Kravis Roberts (KKR). Aiming for global expansion, Alliance Boots formed a strategic partnership with China’s fifth largest pharmaceutical wholesaler, Nanjing Pharmaceutical, in September 2012. In addition to being Alliance Boots’ executive chairman, Pessina sits on Walgreen’s Board and on the Board of Directors of the Consumer Goods Forum. As of March 2013, he is named the 6th richest man in Italy.

5. Paolo Rocca
Net Worth: $11.7 Billion

Paolo Rocca

Paolo Rocca Net Worth: Paolo Rocca is an Italian-Argentine businessman who has a net worth of $11.7 billion, a sum that he shares with his brother Gianfelice Mario Rocca. Paolo Rocca is the Chairman and the CEO of Techint, an Italian-Argentine conglomerate started by his family. The younger son of Roberto Rocca, the founder of Techint Group, Paolo Rocca was already a graduate of the Harvard Business School when he joined the family business in 1985.

At first, he served as an assistant to his father, and five years later he became the executive vice president of the company. The Techint Group now is a global leader in seamless steel pipe production for the oil industry. But aside from steel production company, it also has an engineering and construction company, an oil and gas exploration company, as well as a network of hospitals in Italy. With 60,000 employees worldwide, the group’s annual revenues exceed $25 billion.

6. Massimiliana Landini Aleotti
Net Worth: $10 Billion

Massimiliana Landini Aleotti

Massimiliana Landini Aleotti net worth: Massimiliana Landini Aleotti is an Italian businesswoman who has a net worth of $10 billion. Massimiliana Landini Aleotti is the widow of her husband Alberto Aleotti who passed away in 2014. She and her three children inherited the pharmaceutical giant Menarini which is one of Italy’s leading drug companies and has 14 manufacturing sites around the world.

In 2014 the company had a revenue of $3.8 billion. Alberto started working at Menarini in 1964 and bought the company in the early 1990s. he handed the reins over to his daughter Lucia when his health started to decline. His son Alberto Giovanni became vice chairman. Massimiliana, Lucia, and Alberto were accused of tax evasion by Italian authorities in 2013 for $160 million.

7. Giorgio Armani
Net Worth: $9.6 Billion

Giorgio Armani

Giorgio Armani Net Worth: Giorgio Armani is an Italian fashion designer who has a net worth of $9.6 billion dollars. Giorgio Armani is best known for his popular men’s suits. Armani first launched his business empire in the mid-1970s, and it grew substantially. His popularity reached new heights in the ’80s when his men’s ‘power suits’ began appearing frequently on the actors in the series Miami Vice and again in the 1980 film American Gigolo. Armani is also the richest openly LGBT person in the world.

Early Life: Born July 11, 1934 in the northern town of Piacenza in Italy, Armani’s family was from humble beginnings, experiencing the hardships of World War II firsthand. He was raised with his older brother Sergio and younger sister Rosanna by his mother Maria Raimondi and his father Ugo Armani. He attended secondary school at the Liceo Scientifico Leonardo Da Vinci in Milan.  At an early age, Armani developed an interest in anatomy, “…making dolls out of mud with a coffee bean hidden inside,” Armani told the Guardian newspaper. His fascination with the human form led to two years of medical study at the University of Piacenza. However, after three years, he left in 1953 and joined the army. He was assigned to the Military Hospital in Verona where he often attended shows at the Arena. He eventually decided to look for a different career path.

Career: After completing his military service he quit the university and went to work as a window dresser at La Rinascente, a famous Milan department store. Armani went on to become a seller for the menswear department where he gained great experience in the marketing aspect of the fashion industry. He then joined the staff of Nino Cerruti as a designer. With the encouragement of his friend Sergio Galeotti, Armani started doing freelance design work for other companies as well. Galeotti then persuaded Armani to open a design office in Milan, which led to a period of extensive collaboration, during which Armani worked as a freelance designer for a number of fashion houses, including Allegri, Bagutta, Hilton, Sicons, Gibò, Montedoro, and Tendresse.

8. Silvio Berlusconi
Net Worth: $8.5 Billion

Silvio Berlusconi

Silvio Berlusconi is a former Prime Minister of Italy, entrepreneur and media tycoon who has a net worth of $8.5 billion dollars. He is one of Italy’s longest-serving post-war prime ministers and he is widely known for being a frequent criminal defendant and convicted tax evader. Furthermore, he is the owner of the Italian football club A.C. Milan and remains Italy’s “oldest playboy” who continues to capture headlines at 76 years of age.

Early Life : Born on September 29 1936, in Milan, Italy, the rise of this Teflon politician is one worthy of a Hollywood screenplay.  He is the son of Luigi Berlusconi and Rosa Bossi. The first of three children hailing from a lower middle class family, the young and versatile Berlusconi studied law in Milan and worked as a singer on cruise ships and nightclubs.

Business Career : After he successfully secured a small loan from a local bank, he oversaw the construction of small-scale projects in the city of Milan and later built “Milano Two”, 4,000 residential apartments east of Milan. Berlusconi first entered the media world in 1973 by establishing a small cable television company called Telemilano. Soon, he started to accumulate fortune through Fininvest that holds stakes in Mediaset, Italy’s largest media company; Mediolanum financial services company that was founded by Italian billionaire Ennio Doris); Mondadori, one of Italy’s largest publishing houses; Medusa, movie maker and A.C. Milan, which was a nearly defunct football club when Berlusconi bought it in 1986. Forbes Magazine ranked him the 190th richest man in the world, with a net worth of 8 billion.

9. Augusto & Giorgio Perfetti
Net Worth: $7.5 Billion

Augusto & Giorgio Perfetti

Augusto & Giorgio Perfetti net worth: Augusto & Giorgio Perfetti are Italian billionaire brothers who have a net worth of $7.5 billion. The Perfetti duo together own the Italian candy and gum manufacturer Perfetti Van Melle, founded by their father Ambrogio and Uncle Egidio Perfetti in 1946. Initially called Perfetti and headquartered in a small town near Milan, the company was the first to introduce chewing gum to Italians.

It was in 2001, when Perfetti paid more than $900 million for Van Melle, the Dutch owner of Mentos, Fruittella and Airheads, and established under the name Perfetti Van Melle. Ever since the company grew, and today it owns a major subsidiary in the USA, (Perfetti Van Melle USA), as well as many others in large markets worldwide. In 2006, it acquired Chupa Chupas, a Spanish company best known for its lollipops. As of today, the confectionery and gum maker employs 17,000 people via 30 subsidiary companies and distributes its products in over 130 countries. The press-shy siblings, who are Swiss residents, are no longer involved in any business operations.

10. Miuccia Prada
Net Worth: $6 Billion

Miuccia Prada

Miuccia Prada is an Italian fashion designer and entrepreneur and has a net worth of $6 billion. Miuccia Prada earned her net worth by taking over the family-owned luxury goods manufacturer in 1978, which was owned by the Prada brother’s. She began making waterproof backpacks out of Pocone. She met her husband and business partner Patrizio Bertelli at the same time she took the helm of the family company.

She and her husband, Patrizio Bertelli, took over the family-owned luxury goods manufacturer in 1978. Since then, they’ve turned it into a fashion powerhouse, acquiring Jil Sander, Helmut Lang and shoemaker Church & Co. Prada has 250 fully owned shops around the world. She is entirely in charge of the companies creative decisions, says she bases her decisions mostly on intuition. She is reported to be overly fussy about each detail of her design. In 1985, she had her first hit when she designed a line of black, finely woven nylon handbags that instantly became a hit. She designed and introduced her first women’s ready-to-wear collection that was critically acclaimed in 1989, and then in 1995 she introduced men’s wear. Miu Miu was introduced in 1992 as a less expensive women’s wear line that was inspired by Miuccia’s personal wardrobe and nickname. In 1993 she was honored with the prestigious Council of Fashion Designers of American International Award. Her husband, Patrizio Bertelli, is still the predominant business force in the company who is responsible for the commercial side of products and Prada’s retail strategy. She is known for her understated, minimalist, classic, cool, and comfortable luxury. She designs clothes that take account of a woman’s curves and at the same time communicating intelligence as well as a sense of fun. She has a Ph.D. in Political Science. Miuccia Prada was born Miuccia Prada Bianchi on May 10th, 1949 in Italy.

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