Rank #1223
Isabella Seràgnoli
Net worth $3.5B
Packaging · Italy
- Born
- Dec 23, 1945
- Age
- 80
- Source
- Packaging
- Residence
- Bologna
- Citizenship
- Italy
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Isabella Seràgnoli is the sole shareholder of Coesia, one of the world's largest packaging firms, with operations ranging from cigarettes to cosmetics.
- Coesia started out as a motorcycle production firm named G.D. in 1923 and was taken over by her father, Enzo, in the late 1930s.
- The firm moved into packaging in the 1950s, initially for confectionery and soap, when Enzo's brother Ariosto invented an automatic wrapping machine.
- G.D. took off in the 1960s with the invention of the cigarette packing machine 4350/Pack, making it the dominant supplier in the tobacco industry.
- Isabella took over in 2002 and renamed the firm Coesia in 2005; she has diversified her fortune by investing in private equity and public stocks.