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Giovanni Ferrero


Giovanni Ferrero (born 21 September 1964) is an Italian businessman. He assumed the leadership of the confectionery company Ferrero SpA after the death of his brother Pietro Ferrero in 2011. He has a net worth of $24.2 billion as of May 2016, according to Bloomberg.

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.

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.

In April 2011, after the death of his brother in an accident, he became the sole CEO.

He is married to Paola Rossi. They have two sons.




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Michele Ferrero


imageMichele Ferrero

Michele Ferrero (Italian pronunciation: [miˈkɛːle ferˈrɛːro]; 26 April 1925 – 14 February 2015) was an Italian entrepreneur. He owned the chocolate manufacturer Ferrero SpA, Europe's second largest confectionery company (at the time of his death), which he developed from the small bakery and café of his father in Alba, Piedmont. His first big success was adding vegetable oil to the traditional gianduja paste to make the popular spread, Nutella.

Michele Ferrero was born on 26 April 1925 in Dogliani, the son of Pietro Ferrero, who founded the Ferrero company, and his wife Piera Cillario.

Ferrero joined the firm in 1949.

He was the richest person in Italy, with a personal wealth of $26bn surpassing Silvio Berlusconi in March 2008. In May 2014, the Bloomberg Billionaires Index listed Ferrero as the 20th richest person in the world.

Ferrero's brands include Nutella, Mon Chéri, Kinder Chocolate, Ferrero Rocher, Tic Tacs and Kinder Eggs.

From 1997, his sons, Giovanni Ferrero and Pietro Ferrero, co-led the company. Pietro died on 18 April 2011, after an accident in South Africa. Giovanni became the sole CEO.

Ferrero married Maria Franca Fissolo in 1962, and they had two sons together, Giovanni Ferrero and Pietro Ferrero Jr.

He was a fervent Catholic. Ferrero visited the Lourdes shrine annually, and had a Madonna placed in every factory and office. Ferrero died on 14 February 2015, at his home in Monte Carlo, Monaco. He was 89.



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Pietro Ferrero


Pietro Ferrero (2 September 1898 – 2 March 1949) was the founder of Ferrero SpA, an Italian confectionery and chocolatier company. His company invented Nutella, a hazelnut-cream spread, which is now sold in over 160 countries. The famous Ferrero Rochers are also made by his company, Ferrero, as were Tic-Tacs and various Kinder chocolates.




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Pietro Ferrero Jr.


Pietro Ferrero (11 September 1963 – 18 April 2011) was the joint CEO (with his brother Giovanni) of Italian confectionery company Ferrero SpA, from 1997 until his death in April 2011.

Ferrero was born in Turin, the elder son of Michele Ferrero, who raised the firm to its position as a global leader. In 1985, he began working for Ferrero, and in 1992 had risen to be in charge of European operations. He became one of the company's two CEOs in 1997, along with his brother Giovanni.

On 18 April 2011, Pietro Ferrero died in South Africa near Twelve Apostles Hotel in Camps Bay, suburb of Cape Town after fainting and falling off his bike.




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Maria Franca Fissolo


Maria Franca Fissolo (born 1941) is an Italian billionaire, the widow of Michele Ferrero, and the owner of Ferrero SpA, Europe's second largest confectionery company.

As of March 2017, Forbes estimated her net worth at $26.2 billion.

She married Michele Ferrero in 1962, and they had two sons together, Giovanni Ferrero and Pietro Ferrero Jr. She lives in Monaco.



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