Federico De Nora

Net worth over time

Biography

• Federico De Nora is the chairman of Industrie De Nora, an Italian manufacturer of electrodes, components for green hydrogen and other products.
• He owns approximately 50% of the company, which went public on the Milan Stock Exchange in 2022.
• His grandfather Oronzio started De Nora in 1923 after patenting an antiseptic solution; he then moved into electrodes and water treatment.
• The firm first expanded overseas to Japan in the 1960s. Today, De Nora's water treatment clients range from the Chesapeake Bay to Singapore.
• De Nora's electrodes are found in iPhones and Tesla batteries, but the firm is now focused on electrodes that produce green hydrogen from solar power.

Financial assets