Francesco Gaetano Caltagirone Net Worth

9 months ago

Francesco Gaetano Caltagirone, known as Franco, is a successful Italian businessman from Rome. He is the head of the Caltagirone Group, a family-owned construction and real estate empire. After getting his engineering degree, he expanded the business through acquisitions, such as Vianini dallo Ior, Cementir, and Acea. He also built a media group, Caltagirone Editore, which is now Italy's second largest newspaper publisher. In 2006, he was knighted for his contributions to Italian business.
Francesco Gaetano Caltagirone is a member of Construction & Engineering

Age, Biography and Wiki

Birth Day	March 02, 1943
Birth Place	Rome, Italy, Italy
Age	80 YEARS OLD
Birth Sign	Aries
Residence	Rome
Other names	Francesco Caltagirone, Franco Caltagirone
Citizenship	Italy
Occupation	businessman
Known for	owns more than 50% of Caltagirone S.p.A.
Spouse(s)	Married
Children	three: Francesco, Alessandro, Azzurra

💰 Net worth: $3.8 Billion (2024)

Francesco Gaetano Caltagirone, a prominent figure in the construction and engineering industry in Italy, is estimated to have a net worth of $3.8 billion in 2024. With a successful career spanning several decades, Caltagirone has established himself as a key player in the field, contributing significantly to the development of infrastructure and construction projects in Italy. His wealth is a testament to his innovative and successful approach to business, as well as his dedication to excellence in the industry.

2009 $1.4 Billion

2010 $1.5 Billion

2011 $1.5 Billion

2014 $1.5 Billion

2015 $2.1 Billion

2016 $1.6 Billion

2017 $1.9 Billion

2018 $2.57 Billion

Biography/Timeline

1800

Francesco Gaetano Caltagirone was born in Rome into a large family composed almost entirely by manufacturers. His grandfather constructed the first buildings in Palermo in the last decades of the 1800s.

1984

In 1984 he took over Vianini Lavori S.p.A. - now part of the Caltagirone Group - which operates worldwide in the field of large infrastructure projects, and he became President of the company. After a complete industrial restructuring, he carried out the listing of the two subsidiaries Vianini Lavori S.p.A Industry and Vianini Industria S.p.A.

1992

In 1992 he took over Cementir S.p.A, the fourth biggest Italian company in the cement industry, acquired by IRI (Istituto per la Ricostruzione Industriale) through a public auction. In a few years, under the guidance of his son Francesco Caltagirone Jr., Cementir S.p.A became a multinational company with significant presence in Scandinavia, Turkey and the Far East. About 80% of the turnover is produced outside Italy.

1996

In 1996 he acquired the Roman newspaper Il Messaggero from the Montedison Group, and the following year two local newspapers from private investors: Il Mattino based in Naples and Il Corriere Adriatico based in Ancona.

2000

Since 2000 all publishing and new media have been clustered in the Caltagirone Editore publishing group – the fifth biggest group in Italy. In 2006 he acquired the majority stake in the newspaper Il Gazzettino based in Venice.

2006

In 2006 he was appointed Knight of the Order of Merit for Labour. In the same year he became vice-president of Banca Monte dei Paschi di Siena. Until early 2012, when he liquidated his share completely, he was the second largest shareholder and the most important private individual shareholder. In 2007 he was appointed Director of Assicurazioni Generali S.p.A of which he was appointed Vice President in April 2010.

2015

As of 2015, Caltagirone was ranked number #894 on the 2015 Forbes Billionaire list and #19 in Italy, with estimated net worth of $2.1 billion