Giovanni Ferrero
Giovanni Ferrero

Celebrity Profile

Name: Giovanni Ferrero
Occupation: Billionaire
Gender: Male
Country: Not Known

Social Accounts

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Weight: in kg - N/A
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Giovanni Ferrero

Giovanni Ferrero was born in Not Known. Giovanni Ferrero is a Billionaire, . Find out Giovanni Ferreronet worth 2020, salary 2020 detail bellow.

Net Worth

Net Worth 2020

$28 Billion

Salary 2020

Not known

With the net worth of $28 Billion, Giovanni Ferrero is the # 46 richest person on earth all the time follow our database.

Giovanni Ferrero Net Worth Detail

Net Worth details: Ferrero's fortune is from his holdings in the fourth largest chocolate manufacturer in the world, Ferrero SpA. Giovanni and his brother Pietro were given control of the business by their father in 1997, and became sole chief executive when Pietro passed away in 2011. He is the Ferrero CEO and is credited with the entire family fortune. Ferrero owns more than 20 candy brands including Tic Tac mints and Nutella spread, and had revenue of $11 billion in 2015.

Biography Timeline

1975

He was born in Farigliano, Italy, the son of Maria Franca Fissolo and Michele Ferrero, the owner of the multinational confectionery corporation Ferrero. In 1975, he moved to Brussels, Belgium, where he studied at the European Schools. Then he moved to the US, where he studied marketing at Lebanon Valley College.

1997

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 brother Pietro.

2011

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.

2015

Michele Ferrero died in 2015, leaving the company solely in Giovanni's hands.

American business magazine Forbes 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.

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