Portrait of Stefano Pessina

Rank #656

Stefano Pessina

Net worth $6.3B

Drugstores · Monaco

Born
Jun 04, 1941
Age
84
Source
Drugstores
Residence
Monte Carlo
Citizenship
Monaco
Marital status
Married
Children
2
Education
Bachelor of Engineering, Politecnico di Milano

Net worth over time

Biography

  • Stefano Pessina is the executive chairman of drugstore chain Walgreens Boots Alliance, which Sycamore Partners acquired in 2025 for nearly $10 billion.
  • He's still a substantial shareholder of the company, which went private and delisted from the Nasdaq as part of the deal.
  • Pessina's journey began in 1977, when he took over his family's pharmaceutical wholesaler, ultimately renamed Alliance Santé, in Naples, Italy.
  • He eventually expanded beyond Italy, merging his wholesaler with UniChem Group in 1997 and Boots Group in 2006.
  • A year later, Pessina took Alliance Boots private in a reported $22 billion deal with private equity firm KKR.
  • Between 2012 and 2014, Walgreens bought 100% of his pharmacy chain, creating Walgreens Boots Alliance.
  • Pessina is a nuclear engineer by training; he owns a yacht and is known to collect art.

Financial assets

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