Rank #3378
Luigi Cremonini & family
Net worth $1.0B
meat processing · Italy
- Born
- Apr 28, 1939
- Age
- 87
- Source
- meat processing
- Residence
- Modena
- Citizenship
- Italy
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- Luigi Cremonini supplies hamburger meat to McDonald's and Burger King in Italy and other countries through his privately-held Inalca SpA.
- Born to poor farmers in an Italian village near Modena, Cremonini got his start by opening a small butcher shop in 1963.
- Beginning in the late 1970s he diversified into cured meats, distribution and catering and within a decade expanded the business internationally.
- Today Cremonini Group employs more than 19,500 workers all over the globe and generated $5.6 billion in revenues in 2022.
- Its catering arm Chef Express sells food on trains in Europe, Turkey and Russia, including the Eurostar service between London and Paris.
- In 1994 the University of Bologna awarded Cremonini an honorary degree in Veterinary Medicine.
- An art lover, Cremonini has a vast collection of paintings and contributed to the restoration of an archaeological area near the Trevi fountain in Rome.
Financial assets
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