Giovanni Ferrero | |
|---|---|
| Born | (1964-09-21)21 September 1964 (age 60) Farigliano, Italy |
| Education | European Schools |
| Alma mater | Lebanon Valley College |
| Occupation | Businessman |
| Known for | CEO of Ferrero SpA; richest person in Italy |
| Title | Executive chairman,Ferrero SpA |
| Spouse | Paola Rossi |
| Children | 2 |
| Relatives | Michele Ferrero (father) Pietro Ferrero (grandfather) Pietro Ferrero Jr. (brother) |
Giovanni Ferrero (Italian pronunciation:[dʒoˈvanniferˈrɛːro]; born 21 September 1964) is an Italian writer and businessman. He assumed the leadership of the confectionery companyFerrero SpA after the death of his brotherPietro Ferrero in 2011. His personal fortune is estimated at $43.8 billion in 2024 according to Forbes, making him the26th richest in the world, and richest person in Italy.[1][2]
He was born inFarigliano, Italy, the son ofMaria Franca Fissolo andMichele Ferrero, the owner of the multinational confectionery corporation Ferrero.
In 1975, he moved toBrussels,Belgium, where he studied at theEuropean Schools.[3] Then he moved to the US, where he studied marketing atLebanon Valley College.[4][5]
On completing his studies, he returned to Europe to work in the family company. In 1997 he became joint CEO of Ferrero together with his brotherPietro.[6]
In April 2011, after the death of his brother in a bicycling accident in South Africa, he became the sole CEO of Ferrero Group. His father, Michele Ferrero, remained as executive chairman.[6][7]
Michele Ferrero died in 2015,[8] leaving the company solely in Giovanni's hands.
American business magazineForbes reported that Giovanni Ferrero then took over the role of executive chairman in 2015, and held both the titles of CEO and executive chairman for two years until he hired Lapo Civiletti to take over the company's CEO position in 2017.[9]
Ferrero is married to Paola Rossi.[10] They have two sons and reside inBerchem-Sainte-Agathe, just outsideBrussels.
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