Piero Ferrari Net Worth
Piero Ferrari Net Worth: Piero Ferrari is an Italian businessman who has a net worth of $3.5 billion. Piero Ferrari was born in Castelvetro di Modena, Italy in May 1945. Piero is the second and only living son of Enzo Ferrari. Piero is a 10% owner of the Ferrari automotive company and also serves as the company's Vice Chairman. Piero could not be acknowledged as a Ferrari family member until his father's wife Laura passed away in 1978 because divorce was illegal in Italy and he was born to his father's mistress Lina Lardi. Piero started working with his father first as a supervisor of the production of road cars and then as an organizer of the racing department. He became Vice Chairman in 1988 after his father's passing. In 1998 Ferrari became president of Piaggio Aero Engineering. He was awarded the title of Cavaliere del Lavoro in 2004 and is married to Floriana Nalin with whom he has a daughter and two grandchildren. In 2003 Ferrari S.p.A. produced a revenue of $2.3 billion Euro. Today Ferrari generates around $4 billion per year USD.
Ferrari went public in October 2015. As a result of the public offering, Piero officially became a billionaire on paper. Ferrari's stock price more than tripled between 2015 and July 2019, at which point Piero's net worth was $3.5 billion.
|Net Worth:||$3.5 Billion|
|Date of Birth:||May 22, 1945 (75 years old)|