Portrait of Maria Franca Fissolo

Rank #1731

Maria Franca Fissolo

Net worth $2.4B

Nutella, chocolates · Italy

Born
Jan 01, 1935
Age
91
Source
Nutella, chocolates
Residence
Monaco
Citizenship
Italy
Marital status
Widowed
Children
2
Education

Net worth over time

Biography

  • Maria Franca Fissolo is the widow of Michele Ferrero, who built Ferrero Group into one of the world's leading sweets companies.
  • The firm is best known for its iconic Nutella chocolate-hazelnut spread, Kinder chocolates and Tic Tac mints.
  • Michele Ferrero died in February 2015, leaving the majority of the business to his and Maria's son Giovanni, who now chairs the company.
  • Giovanni and his brother, Pietro, had previously served as co-chief executives, until Pietro died in a biking accident in 2011.
  • Giovanni stepped down as CEO in 2017. Maria, who lives in Monaco, is not actively involved in the business.
  • Prior to their marriage, Maria worked as Michele Ferrero's secretary.
  • Ferrero was founded in 1946 by Maria's father-in-law, Pietro. He started out selling a chocolate alternative, since the real stuff was too costly in war-torn Italy.