Umberto Agnelli
| Umberto Agnelli | |
|---|---|
Umberto Agnelli with wife Antonella Piaggio at the 1960 Olympics
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| Born |
1 November 1934 Lausanne, Switzerland |
| Died | 27 May 2004 (aged 69) Piedmont, Italy |
| Nationality | Italian |
| Occupation | Head of Fiat and Juventus |
| Spouse(s) | Antonella Bechi Piaggio (divorced) Allegra Caracciolo di Castagneto |
| Children | Giovanni Alberto Agnelli Andrea Agnelli Anna Agnelli |
| Parent(s) |
Edoardo Agnelli Virginia Bourbon del Monte |
Umberto Agnelli (1 November 1934 – 27 May 2004) was an Italian industrialist and politician. He was the third son of Virginia Agnelli (born Donna Virginia Bourbon del Monte) and of Edoardo Agnelli, and the youngest brother of Gianni Agnelli.
He served as a CEO of Italian carmaker Fiat from 1970 to 1976 and, on the death of his brother Gianni, was briefly chairman of the FIAT Group, 2003–2004, until his own death, aged 69, the following year. He was also chairman and later honorary chairman of Juventus, the football team long-associated with FIAT and the Agnelli family, and was for a time the president of the Italian Football Association. He was a senator of the Italian Republic, from 1976 to 1979. In 2015, he was posthumously inducted into the Italian Football Hall of Fame.
Agnelli was chairman of FIAT-controlled Juventus football club 1956–61 and was honorary chairman 1970–2004.
Agnelli was chairman of Fiat France 1965–80, chief executive officer of Fiat SpA 1970–76 and vice-president 1976–93. He was chairman of Fiat Auto 1980–90 and a member of International Advisory Board 1993–2004.
Though he was a senior executive in the family company, Fiat, he was sidelined from taking a leadership role by his brother Gianni until the latter's death in 2003. Only then did he take over as chairman of the whole Fiat Group, 2003–2004. The Group controlled several Italian newspapers and publishers in addition to the FIAT car-firms and Juventus football club.
Umberto was in the process of restoring Fiat's fortunes, following a period in which the company's balance sheet, market share and share value had all been in decline, when he suddenly died of lung cancer after barely 18 months in control. Despite this, Forbes magazine estimated he was the world's 68th richest man with an approximate net worth of US$5.5 billion. He was a member of the Steering Committee of the Bilderberg Group.
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