Giovanni Ferrero

Giovanni Ferrero is an Italian businessman. He assumed the leadership of the confectionery company Ferrero SpA after the death of his brother Pietro Ferrero in 2011. He has a net worth of $30.8 billion as of September 2019, according to Bloomberg.

  • Giovanni Ferrero is executive chairman of his family’s namesake confections business.
  • The firm is best known for its iconic Nutella chocolate-hazelnut spread, Kinder chocolates and Tic Tac mints.
  • Giovanni served as co-CEO with his brother, Pietro, who died of a heart attack in 2011.
  • In 2017 he stepped down as CEO but stayed on as executive chairman to focus on corporate strategy.
  • In January 2018 he inked a deal with Nestle to acquire the company’s entire U.S. confections business for $2.8 billion.

Ferrero SpA Giovanni Ferrero