Francesco Gaetano Caltagirone
Rome, Italy
Italy
cement, diversified, Self Made
$2,900,000,000
916
#916 Billionaires 2019
Francesco Gaetano Caltagirone is the president of Caltagirone, a holding company with interests in construction, cement, real estate, finance and publishing.His family, who hails from Sicily, was in the construction and real estate business, which he expanded and took into other sectors. In 1999, after buying several papers, he built media group Caltagirone Editore, Italy's third largest newspaper publisher.The bulk of his wealth is now stakes in two publicly traded firms: insurance company Assicurazioni Generali and cement giant Cementir.
An engineer by training, Caltagirone got his degree while working for the family business. In 2006, he was knighted "Cavaliere del Lavoro" for his contributions to Italian businesses.
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