Michele Ferrero Net Worth: Michele Ferrero was an Italian businessman who had a net worth of $25 billion dollars. That made him him the richest man in Italy while he was live. Michele Ferrero was the owner of Ferrero SpA, the chocolate company responsible for Nutella, Tic Tacs, Ferrero Rocher, Mon Cheri, Kinder Chocolate, and Kinder Eggs, among others. He was born on April 26, 1925, in Dogliani, Italy. He inherited the chocolate maker in the 1950s, and eventually went on to grow the company into the fourth-largest manufacturer of chocolate and other confectionery products in the world. Maybe his father Pietro Ferrero was the mastermind behind the creation of today's Nutella, but it was Michele's business acumen that turned the product into a global brand. Under his leadership, numerous other brands were launched including Ferrero Rocher, Mon Cheri, Pocket Coffee and the famous pocket mints Tic Tac. Today, the company operates more than 70 affiliated companies, has 15 production plants and numbers nearly 22,000 employees worldwide. In 1997, Michele's two sons, Giovanni Ferrero and Pietro Ferrero, took over the lead of the company, while he remained the patriarch of the Italian chocolate dynasty. The unfortunate death of Pietro left his brother a sole CEO of the group. Despite being one of the richest people in the world and the richest person in Italy, Michele Ferrero was widely known for being very secretive and is rarely seen in public without sunglasses. Michele Ferrero died on February 14, 2015.
Michele Ferrero Net Worth
Date of Birth
Apr 26, 1925 (91 years old)
Kayak Founder Sold Company for $2 Billion, Drove For Uber, Now What?on Jul 29, 2016
Despite Being Worth $130 Million, Tim Duncan Still Shops At Old Navyon Jul 29, 2016
Brett Barna Trashed Omar Amanat's House In Wild House Partyon Jul 28, 2016
Juventus, Manchester United, and Mino Raiola Agree to Paul Pogba Transfer Termson Jul 28, 2016
Inside Ivanka Trump's $100 Million Business And Brandon Jul 29, 2016
Formula One Boss Bernie Ecclestone's Mother-In-Law Kidnapped In Brazil, Kidnappers Demand $36.5M Ransomon Jul 29, 2016
Feds To Seize $392 Million Of "Wolf Of Wall Street" Moneyon Jul 25, 2016
How One Immigrant Worked His Way Into a Billion Dollar Clothing Empireon Jul 28, 2016
The Most Successful Russian Of The Year Is A Close Friend Of Putin'son Jul 29, 2016
Raindolf Owusu Believes Technology Can Save Africa, And He's Just The Guy To Do Iton Jul 29, 2016
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
Did we make a mistake?
Submit a correction suggestion and help us fix it!Submit a Correction
Have something to add to this net worth? Share it by adding comments below.