Giovanni Ferrero
Brussels, Belgium
Italy
4
Nutella, chocolates
$22,000,000,000
36
#39 Billionaires 2019
Giovanni Ferrero is executive chairman of his family's namesake confections business. The firm is best known for its iconic Nutella chocolate-hazelnut spread, Kinder chocolates and Tic Tac mints.Giovanni served as co-CEO with his brother, Pietro, who died of a heart attack in 2011.In 2017 he stepped down as CEO but stayed on as executive chairman to focus on corporate strategy.In January 2018 he inked a deal with Nestle to acquire the company's entire U.S. confections business for $2.8 billion.
Ferrero is a novelist who has published eight books.Ferrero is married to Paola Rossi, an official at the European Commission.
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