Portrait of Massimo Moratti

Rank #2188

Massimo Moratti

Net worth $1.9B

Oil refinery · Italy

Born
May 16, 1945
Age
81
Source
Oil refinery
Residence
Milan
Citizenship
Italy
Marital status
Married
Children
5
Education

Net worth over time

Biography

  • Massimo Moratti is the largest shareholder and former CEO of Saras, Italy's largest oil refinery.
  • His father, Angelo, founded the firm in 1962; Massimo and his late billionaire brother, Gian Marco (d.2018), took Saras public in 2006.
  • Massimo owns 20% of the company, which has a liquified fuel gasification plant, a wind farm in Sardinia and gas stations mainly in Spain.
  • Gian Marco controlled a similar stake as Massimo and passed it on to his two sons, Angelo and Gabriele, when he died.
  • Moratti was an owner of soccer club Inter Milan for more than two decades before selling the last of his shares in mid-2016.
  • His 19-year tenure included five straight Italian titles and the elusive treble in 2010, which included Champions League and Club World Cup titles.

Financial assets

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