Sergio Mantegazza Net Worth is$3 Billion
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Nicknames: Globus family of brands
Sergio Mantegazza net worth: Sergio Mantegazza is a Swiss businessman who has a net worth of $3 billion. Sergio Mantegazza is the President of Voyagers, Inc., an international group of escorted tour, river cruise and independent travel package companies. His portfolio includes such brands as Globus, Cosmos Holidays, Avalon Waterways and Monograms. Globally known as Globus Travel Group, it was founded by Sergio Mantegazza's father Antonio in 1928 with only a single boat that ferried tourists around Lake Lugano. Today, the US-headquartered company has turned into an empire under the guidance of Sergio who has been involved in the company's operations for more than 50 years. Married with two children, Mantegazza let his son Fabio become CEO of Monarch Travel, the family's no-frills airline. While his other son Paolo, held the position of CEO of Globus' American arm, Group Voyagers, until 2004 when he reportedly committed a suicide. Apart from being in charge of the family business, Sergio Mantegazza loves expensive toys and owns manifold gadgets and luxury goods including a helicopter, a yacht (Lady Marina) and a $600,000 Mercedes Maybach.
Forbes list of billionaires is an annual ranking of the world's wealthiest people, compiled and published by Forbes, an American national business magazine. The total net worth of each individual on the list is estimated, in United States dollars, based on their assets and accounting for debt. The list only represents each person's valuation on a single day, due to daily fluctuations among exchange rates and stock valuations.
The Internet bubble created the most paper wealth for some billionaires. However, once the dotcom bubble burst the new rich saw their fortunes disappear. Billionaires' fortunes have been hit even harder by the global financial crisis. 2009 was the first time in five years that the world had a net loss in the number of billionaires. The strong performance of the financial markets and global economic recovery have erased financial assets losses. Most of the richest people on the planet have seen their fortunes soar in the past few years.
Source: Forbes Magazine.

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Sergio Mantegazza Latest News

Rumour of Swiss tycoon's interest puts First Choice shares on a roll

Shares in the £1.4bn holiday company flew 4.3 per cent higher to 271p on rumours of a deal with Sergio Mantegazza, the Swiss billionaire. Mr Mantegazza owns tour operators Globus and Cosmos and Monarch Airlines. Traders said it was possible that First ...
Posted: March 15, 2007, 7:00 pm

Friday Morning Market: Calm ahead of 'triple-witching hour'

Southernera shares have since been suspended. First Choice Holidays climbed 6p to 277p on rumours of a deal with Swiss billionaire Sergio Mantegazza, bid rumours continued to swirl around Alfred McAlpine, 10p better at 450p and 3i Group offer talk ...
Posted: March 15, 2007, 5:00 pm

Monarch chief Andrew Swaffield rides to the rescue: Polo-playing airline boss saddles up for his toughest challenge yet

The Swiss-Italian family, led by patriarch Sergio Mantegazza, founded Monarch in 1968. It is based at Luton Airport, operating flights to destinations like Egypt, the Canary Islands, Cyprus and Greece. It carried more than 6.8million passengers in 2013 ...
Posted: January 14, 2015, 9:05 am
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