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The Ferrero family
- Ferrero SpA is a private company owned by the Ferrero family and has been described as "one of the world's most secretive firms".
en.wikipedia.org/wiki/Ferrero_SpA
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Ferrero SpA is a private company owned by the Ferrero family and has been described as "one of the world's most secretive firms". [3] It was founded on 14 May 1946 in Alba, Piedmont, Italy, by Pietro Ferrero, a confectioner and small-time pastry maker who laid the groundwork for Nutella.
He assumed the leadership of the confectionery company Ferrero SpA after the death of his brother Pietro Ferrero in 2011. His personal fortune is estimated at $43.8 billion in 2024 according to Forbes, making him the 26th richest in the world , and richest person in Italy.
The history of the Ferrero Group is the story of a tenacious Piedmontese family and of success through three generations. From 1946, brothers Pietro and Giovanni Ferrero worked together in the family’s small pastry shop to create products that would define Ferrero’s name.
Since its founding in Alba, Italy, in 1946, Ferrero has been a private, family-owned company, now in its third generation. It is led by Mr Giovanni Ferrero as Executive Chairman and Mr Lapo Civiletti as Chief Executive Officer (CEO).
2 days ago · Ferrero acquired Nestle's entire U.S. confections business in 2018 for $2.8 billion.
Jan 5, 2020 · Ferrero and his family are the sole owners of the Ferrero Group, according to Bloomberg. Giovanni Ferrero's stake alone is worth over $23 billion, according to the Bloomberg Billionaires...
After inheriting his family's $13 Billion candy empire in 2015, Giovanni Ferrero vowed to supersize it--at any cost. He devoured iconic brands like Red Hots, Butterfinger, Babyruth and Nestlé...
