Michele Ferrero Net Worth is$9.5 Billion
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Profession: Businessperson
Date of Birth: Apr 26, 1925
Country: Italy
Michele Ferrero is an Italian businessman with an estimated net worth of $17 billion dollars, making him the richest man in Italy. Michele Ferrero is the owner of Ferrero SpA, the chocolate company responsible for Nutella, Tic Tacs, Ferrero Rocher, Mon Cheri, Kinder Chocolate, and Kinder Eggs, among others.
Michele Ferrero (born 26 April 1925) is the owner of the eponymous chocolate maker Ferrero SpA, one of Europe's largest with estimated 2012 sales of $19 billion.
Ferrero, who was born in Dogliani, Italy, is Italy's richest person, with a personal wealth of $19 billion, surpassing Silvio Berlusconi in March 2008.
Brands include Nutella, Mon Cheri, Kinder Chocolate, Ferrero Rocher, Tic Tacs and Kinder Eggs.
Since 1997, his sons, Giovanni Ferrero and Pietro Ferrero have led the company. Pietro died on 18 April 2011 in an accident in South Africa.

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Michele Ferrero Latest News

Nestlé sells US confectionery arm to Ferrero in £2.03bn deal

The acquisitions of Nestlé’s US confectionery business is one of a series of purchases by Ferrero since its founder, Michele Ferrero, died in 2012. In April last year, the Nutella brand owner’s second-generation owner Giovanni Ferrero appointed the ...
Posted: January 17, 2018, 4:19 am

M&A: Ferrero spreads its chocolate empire

On a bitterly cold February morning three years ago thousands of mourners crammed into a tiny piazza in north-west Italy to say farewell to Michele Ferrero, Italy’s real life Willy Wonka. The funeral marked the passing of a secretive genius, two months ...
Posted: January 19, 2018, 4:22 pm

Everything You Need to Know About Ferrero, the Nutella Maker That Just Bought Nestle's Candy Business

What began as a small pastry shop, and later a factory, became a global business under the leadership of Pietro’s son Michele Ferrero. It was Michele who relaunched his father’s recipe as Nutella in 1964. In 1997, Michele Ferrero turned the business ...
Posted: January 16, 2018, 8:00 pm
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