Michele Ferrero, Leonardo Del Vecchio and Giorgio Armani top the list of Italian billionaires
Top 10 Wealthiest Italians
The collective wealth of the top 10 wealthiest Italians stands at US$88 billion, which comprises 40% of the combined net worth of the Italian UHNW population. In particular, fashion moguls constitute half the list and represent 52% of the combined net worth of the top 10 wealthiest Italians, according to top 10 wealthiest Italians list compiled by Wealth-X, a provider of detailed intelligence on ultra high net worth (UHNW) individuals globally .
Topping the list is Michele Ferrero , owner of renowned chocolate maker Ferrero, with a net worth of US$21.7 billion. Coming in second is Leonardo Del Vecchio , founder and chairman of Luxottica Group, with a net worth of US$18.4 billion. Giorgio Armani, president and CEO of Armani Group, is ranked third with a net worth of US$9.7 billion.
“The top Italian billionaires are inextricably linked to luxury fashion. We often see that there are strong social and professional connections among global billionaires and the Italians are no exception. Understanding a UHNWI’s social capital is increasingly critical for professionals who wish to successfully engage with this ultra wealthy community,” commented Wealth-X CEO, Mykolas D. Rambus.
Wealth-X Top 10 Wealthiest Italians:
1. Michele Ferrero – Owner Ferrero International – Net Worth (US$ billion) 21.7
2. Leonardo Del Vecchio – Founder and Chairman Luxottica Group – Net Worth (US$ billion) 18.4
3. Giorgio Armani – President and CEO Armani Group – Net Worth (US$ billion)9.7
4. Silvio Berlusconi – Founder and Owner Fininvest – Net Worth (US$ billion)7.8
5. Miuccia Bianchi Prada – Co-Founder and Chairman Prada – Net Worth (US$ billion) 7.3
5. Patrizio Bertelli – Co-Founder and CEO Prada – Net Worth (US$ billion) 7.3
7. Stefano Pessina – Executive Chairman Alliance Boots – Net Worth (US$ billion) 6.1
8. Gianfelice Rocca – Chairman Techint Group – Net Worth (US$ billion) 3.3
8. Paolo Rocca – CEO Techint Group – Net Worth (US$ billion) 3.3
10. Diego Della Valle – Chairman Tod’s – Net Worth (US$ billion) 3.1
