Portrait of Francesco Gaetano Caltagirone

Rank #293

Francesco Gaetano Caltagirone

Net worth $11.1B

Cement, diversified · Italy

Born
Mar 21, 1943
Age
83
Source
Cement, diversified
Residence
Rome
Citizenship
Italy
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Francesco Gaetano Caltagirone is the president of Caltagirone, a holding company with interests in construction, cement, real estate, finance and publishing.
  • His family, which hails from Sicily, was in the construction and real estate business, which he expanded and took into other sectors.
  • In 1999, after buying several papers, he built media group Caltagirone Editore, Italy's sixth largest newspaper publisher.
  • The bulk of his wealth is now stakes in two publicly traded firms: insurance company Assicurazioni Generali and cement giant Cementir.
  • Caltagirone joined the billionaire Del Vecchio family to acquire significant stakes in Banca Monte dei Paschi di Siena in 2024 and 2025. In 2025, the bank launch a successful takeover of investment bank Mediobanca.
  • An engineer by training, Caltagirone got his degree while working for the family business.
  • Caltagirone was awarded the title of Cavaliere del Lavoro, one of Italy's highest civilian honors, in 2006.

Financial assets

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