michele ferrero

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      Michele Ferrero (Italian pronunciation: [miˈkɛːle ferˈrɛːro]; 26 April 1925 – 14 February 2015) was an Italian billionaire businessman. He owned the chocolate manufacturer Ferrero SpA, Europe's second-largest confectionery company (at the time of his death), which he developed from the small bakery and café of his father in Alba, Piedmont. His first big success was his work with Francesco Rivella in adding vegetable oil to the traditional gianduja paste to make the popular spread Nutella.


      Early life


      Michele Ferrero was born on 26 April 1925 in Dogliani, the only child of Pietro Ferrero, who founded the Ferrero company, and his wife Piera Cillario.


      Career


      Ferrero joined the firm in 1949.
      He was the richest person in Italy, with a personal wealth of $26 billion surpassing Silvio Berlusconi in March 2008. In May 2014, the Bloomberg Billionaires Index listed Ferrero as the 20th richest person in the world.
      Ferrero's brands include Nutella, Mon Chéri, Kinder Chocolate, Ferrero Rocher, Tic Tacs and Kinder Eggs.
      From 1997, his sons, Giovanni Ferrero and Pietro Ferrero, co-led the company. After Pietro died on 18 April 2011, of a heart attack while cycling in South Africa, Giovanni became the sole CEO.


      Personal life and death


      Ferrero married Maria Franca Fissolo in 1962, and they had two sons together, Giovanni Ferrero and Pietro Ferrero Jr.
      He was a fervent Catholic. Ferrero visited the Lourdes shrine annually, and had a Madonna placed in every factory and office. At the celebration of the 50th anniversary of the founding of his company, he said: "The success of Ferrero we owe to Our Lady of Lourdes; without her we can do little."
      Ferrero died on 14 February 2015, at his home in Monte Carlo, Monaco, after a long illness. He was 89.


      Distinctions


      Knight of the Order of Merit for Labour (1971)
      Knight Grand Cross of the Order of Merit of the Italian Republic (2005)


      See also


      List of billionaires


      References

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    Michele Ferrero - Wikipedia

    Michele Ferrero (Italian pronunciation: [miˈkɛːle ferˈrɛːro]; 26 April 1925 – 14 February 2015) was an Italian billionaire businessman. He owned the chocolate manufacturer Ferrero SpA, Europe's second-largest confectionery company (at the time of his death), [1] which he developed from the small bakery and café of his father in Alba ...

    Michele Ferrero - A Real-life Willy Wonka - Snack History

    May 5, 2022 · Have you ever wondered who created the all-time favorite Nutella? Or who came up with the idea of the iconic and luxurious Ferrero Rocher? We have to thank Michele Ferrero for all those sweet inventions that changed the lives of billions of people. Some people call Michele the real-life Willy Wonka. Young Ferrero managed to grow the company and ...

    Michele Ferrero, Tycoon Who Gave the World Nutella, Dies at 89

    Feb 16, 2015 · Michele Ferrero, widely regarded as the richest man in Italy and — a distinction more notable to lovers of sweets everywhere — the creator of Nutella, died on Saturday at his home in...

    Michele Ferrero biography. Owner of the Ferrero company.

    After becoming CEO of Ferrero in 1957, Michele embarked on a mission to expand the company's product portfolio. He targeted Italian housewives, known as the "Valeria" archetype, to understand their preferences.

    Remembering Michele Ferrero, Candy Kingpin And Pioneer

    Feb 16, 2015 · Michele Ferrero, the candy maker that brought Nutella and Ferrero Rocher to the world, died Saturday at age 89. Food historian Francine Segan discusses Ferrero's legacy...

    Billionaire Nutella founder Michele Ferrero dies - CNN Business

    Feb 15, 2015 · Michele Ferrero, the founder and patriarch of the Italian Nutella and Ferrero Rocher empire, died on Saturday, Valentine's Day. He was 89, the company said in a...

    Michele Ferrero, Italy's Richest Man And The Maker Of Nutella ... - Forbes

    Feb 14, 2015 · Michele Ferrero, Italy’s richest man, passed away Saturday at his home in Monte Carlo on Saturday, according to Reuters. Ferrero, whose fortune we last estimated at $23.4 billion, had retired...

    Michele Ferrero, owner of Nutella empire, dies at 89 | Reuters

    Michele Ferrero, Italy's richest man and the owner of a global chocolate and confectionery empire, died on Saturday aged 89, the company said.

    Michele Ferrero - Simple English Wikipedia, the free encyclopedia

    Michele Ferrero (Italian pronunciation: [miˈkɛːle ferˈrɛːro]) (26 April 1925 – 14 February 2015) was an Italian businessman. He was born in Dogliani, Piedmont, the son of Pietro Ferrero. He had two sons: Pietro Ferrero Jr. and Giovanni Ferrero.

    The Success Story of Michele Ferrero and Nutella - PeoPlaid

    Aug 24, 2021 · On April 26 in the year 1925, one of the entrepreneurs who found wealth in the chocolate industry was born in Piedmont, Italy. His name was Michele Ferrero, the responsible for building Ferrero SpA to become one of the world’s largest confectionary companies.