Stefano Pessina
Health care

Stefano Pessina Net Worth

Stefano Pessina is the CEO of Walgreens Boots Alliance, the world's largest drugstore chain. He began his career in the pharmaceutical industry in Naples, Italy, and over the course of four decades, he has made a series of deals to acquire more than 150 rival pharmacies across Europe. In 2012, Walgreens purchased 100% of his pharmacy chain, creating Walgreens Boots Alliance and making Pessina the largest shareholder. In 2017, Walgreens Boots Alliance announced a deal to buy almost half of Rite Aid's stores for $5.2 billion.
Stefano Pessina is a member of Health care

Age, Biography and Wiki

Birth Day June 04, 1941
Birth Place Monte Carlo, Monaco, Italy
Age 82 YEARS OLD
Birth Sign Cancer
Alma mater Polytechnic University of Milan
Occupation Businessman
Years active 1966–present
Title Vice chairman and CEO, Walgreens Boots Alliance
Term 2015 – present
Board member of Walgreens Boots Alliance
Spouse(s) Barbara Pessina (separated)
Partner(s) Ornella Barra (life partner for over 30 years)
Children 2
Website www.stefanopessina.com

💰 Net worth: $8.3 Billion (2024)

Stefano Pessina, widely recognized as a prominent figure in the health care industry in Italy, is estimated to possess a staggering net worth of $8.3 billion by 2024. Pessina has exemplified astute business acumen throughout his career, playing a pivotal role in the development and expansion of the pharmaceutical and retail giant, Walgreens Boots Alliance. With his visionary leadership and strategic acumen, Pessina has been able to steer the company to unprecedented heights, solidifying his reputation as a prominent health care entrepreneur in Italy.

2009 $1.6 Billion
2010 $1.4 Billion
2011 $1.4 Billion
2012 $2.6 Billion
2013 $6.4 Billion
2014 $10.4 Billion
2015 $12.1 Billion
2016 $13.4 Billion
2017 $13.9 Billion
2018 $12.02 Billion

Biography/Timeline

1977

In 1977, he took over his family's pharmaceutical wholesaler in Naples and turned it into Alliance Santé, a Franco-Italian pharmaceutical wholesale group. In 1997, it merged with Alliance UniChem, and he joined its board of Directors. From 2001 to 2004, he served as its CEO. He served as deputy chairman, and later as chairman.

1985

He has also been the romantic partner of Ornella Barra for over 30 years. They met in 1985, as she was just beginning her career. She is 13 years his junior and shares his Monaco residence and work schedule, acting as co-chief operating officer of Walgreens Boots Alliance.

2007

His daughter, Elena, 41, lived in Paris and worked in public relations, before marrying an Italian Lawyer in 2007.

2015

In a 31 January 2015 interview for The Sunday Telegraph, Pessina commented on the prospect of Britain's Labour Party winning the UK general election in May 2015, "If they acted as they speak, it would be a catastrophe ... The Problem is would they act that way or not? One thing is to threaten and to shout but it is completely different to be in charge and to manage the country day-to-day." He described Labour’s Business policies as "not helpful for Business, not helpful for the country and in the end it probably won’t be helpful for them". The Sunday Telegraph noted that Pessina "declined to elaborate on which specific policies he disliked".

2019

On 2 February, Walgreens Boots Alliance stated, "The comments made by Stefano Pessina were a small part of a much larger conversation and have been taken out of context ... Stefano Pessina was expressing his personal views only and is not campaigning against Ed Miliband or the Labour Party." On 6 February, Allister Heath, deputy Editor of The Telegraph, described the "attacks" by Labour and Liberal Democrat politicians on Pessina, "one of the world’s greatest entrepreneurs", as being "as nonsensical as they were indefensible".

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.