Portrait of Piero Ferrari & family

Rank #536

Piero Ferrari & family

Net worth $7.2B

Automobiles · Italy

Born
May 22, 1945
Age
81
Source
Automobiles
Residence
Modena
Citizenship
Italy
Marital status
Divorced
Children
1
Education

Net worth over time

Biography

  • Piero Ferrari is vice chairman and 10% owner of luxury race car company Ferrari. His father Enzo founded Ferrari.
  • Piero became a billionaire when Ferrari listed its shares on the New York Stock Exchange in October 2015.
  • The company went public as part of a spinoff from Fiat Chrysler.
  • He became the sole heir after his stepbrother and Enzo's first son, Alfredo "Dino" Ferrari, died from muscular dystrophy in 1956.
  • Piero actively supports Centro Dino Ferrari, a research center for muscular and neurodegenerative diseases that his father cofounded in Dino's memory.
  • Piero owns several yachts and owns a stake in Italian luxury yacht builder Ferretti Group.
  • He was reportedly not legally recognized as part of the Ferrari family until after the death of Enzo's wife, Laura, in 1978.

Financial assets

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