Portrait of Augusto Perfetti

Rank #1320

Augusto Perfetti

Net worth $3.2B

Candy · Italy

Born
Aug 11, 1946
Age
79
Source
Candy
Residence
Lugano
Citizenship
Italy
Marital status
Children
0
Education

Net worth over time

Biography

  • Augusto Perfetti and his brother Giorgio Perfetti own candy and gum giant Perfetti Van Melle, a company with more than $4.8 billion in revenues in 2024.
  • Their father Ambrogio and uncle Egidio started the company in 1946 as a chewing gum business in a small town near Milan.
  • In 2022, the company announced it would acquire Mondelez International's developed market gum business, adding brands such as Trident, Dentyne and Bubbalicious.
  • Augusto Perfetti named his yacht and his private jet after Mentos mints and Airheads taffy, the company's top-selling brands.
  • Perfetti once sold a 300-foot yacht under construction to fellow billionaire Suleiman Kerimov.
  • Perfetti's father and uncle were inspired to start the company after seeing American soldiers bring gum to Europe during World War II.