Michele Ferrero
Business Executive

Michele Ferrero Net Worth

Michele Ferrero, born on April 26, 1925 in Italy, is best known for his role in creating the popular Nutella product. He was the head of Europe's Ferrero Spa candy company, which produces a variety of popular candy products, including Ferrero Rocher, Mon Cheri, Kinder Eggs and Kinder Chocolate, and Tic Tacs.
Michele Ferrero is a member of Business Executive

Age, Biography and Wiki

Birth Day April 26, 1925
Birth Place Italy
Age 95 YEARS OLD
Died On Feb 14, 2015 (age 89)
Birth Sign Taurus

💰 Net worth: $26.5 Billion (2024)

Michele Ferrero, a prominent business executive in Italy, is estimated to have a net worth of $26.5 billion in 2024. As the head of the Ferrero Group, a renowned confectionery company founded by his father, Michele has successfully expanded the company's reach globally and contributed to its immense financial success. Under his leadership, the Ferrero Group has become one of the world's leading confectionery manufacturers, with popular brands such as Nutella, Kinder, and Ferrero Rocher gaining wide recognition and immense popularity. Michele Ferrero's impressive net worth is a testament to his astute business acumen and dedication to creating beloved sweet treats enjoyed by millions around the world.

About

Notable for heading Europe's Ferrero Spa candy company, he is most well known for his role in creating the popular Nutella product. In addition to Nutella, his company produces the Ferrero Rocher, Mon Cheri, Kinder Eggs and Kinder Chocolate, and Tic Tacs candy varieties.

Before Fame

He became involved in his family's candy Business in the late 1940s.

Trivia

A devout Roman Catholic, he made annual pilgrimages to a shrine and erected statues of the Virgin Mary in all of the factory buildings he owned.

Family Life

The child of Piera Rocher and Ferrero confectionary founder Pietro Ferrero, he grew up in Dogliani, Italy. His marriage to Maria Franca Fissol resulted in sons named Giovanni Ferrero and Pietro Ferrero, Jr.

Associated With

In early 2008, Ferrero -- then worth twenty-six billion dollars-- stole the "Italy's richest Person" designation from Finivest CEO-turned-Italian Prime Minister Silvio Berlusconi.

Some Michele Ferrero images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.