Portrait of Federico De Nora

Rank #3275

Federico De Nora

Net worth $1.1B

Electrodes · Italy

Born
Mar 23, 1968
Age
58
Source
Electrodes
Residence
Milan
Citizenship
Italy
Marital status
Children
0
Education

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

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