Giovanni Ferrero
$41.3B
Born
Sep 21, 1964
Age
61
Source of Wealth
Nutella, chocolates
Residence
Brussels,
Citizenship
Italy
Marital Status
Married
Children
2
Education
- Giovanni Ferrero is executive chairman of his family's namesake confections business, which posted $18 billion sales in 2023.
- The firm is best known for its iconic Nutella chocolate-hazelnut spread, Kinder chocolates and Tic Tac mints.
- Giovanni served as co-CEO with his brother, Pietro, who died of a heart attack in 2011.
- In 2017 he stepped down as CEO but stayed on as executive chairman to focus on corporate strategy.
- Ferrero acquired Nestle's entire U.S. confections business in 2018 for $2.8 billion.
- Ferrero is a novelist who has published eight books.
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