Francesco Gaetano Caltagirone
$9.9B
Born
Mar 21, 1943
Age
82
Source of Wealth
Cement, diversified
Residence
Rome,
Citizenship
Italy
Marital Status
Married
Children
3
Education
- 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 and launch a takeover bid for 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.
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