Giovanni Ferrero's Biography

Giovanni Ferrero is an Italian billionaire businessman best known as the CEO and sole owner of the Ferrero Group, one of the world's largest chocolate and confectionery companies. Born on September 21, 1964, Ferrero has led the company to remarkable global expansion, building on its legacy brands like Nutella, Ferrero Rocher, Kinder, and Tic Tac. After the passing of his father, Michele Ferrero, in 2015, Giovanni took over full leadership, steering the company with a focus on quality, innovation, and family values. Under his guidance, Ferrero Group has made significant acquisitions, including the U.S. candy business of Nestlé, cementing its place as a powerhouse in the global sweets industry. Despite his immense wealth, Giovanni Ferrero is known for maintaining a low public profile and keeping company operations highly private. He is also a successful novelist, having published several books in Italian. His estimated net worth in 2024 is $43 billion, making him one of the richest individuals in Italy and Europe. Ferrero is celebrated for his business acumen and commitment to preserving his family's legacy, as well as his dedication to philanthropy and literature. His story is an inspiration for aspiring entrepreneurs and business leaders worldwide.