Nutella inventor is Italy’s richest person
Michele Ferrero, the inventor of Italy’s famous chocolate brand Nutella, is Italy’s richest person, according to the Bloomberg Billionaires Index for 2014.
With a net worth of $23.4 billion, 89-year-old Ferrero was ranked the world’s 30th richest person out of 200 in the Bloomberg Index.
Leonardo del Vecchio, the founder of the eyeware company Luxottica, came 43rd with a net worth of $17.3 billion, while Ernesto Bertarelli, the heir to the Serono pharmaceutical company, is the world’s 61st richest person with $15 billion.
Ferrero, the son of a smalltime pastry maker, started from humble beginnings and used hazelnut in the Nutella spread to save money on chocolate amid rationing during World War Two.
The brand celebrated its 50th anniversary earlier this year.
Ferrero International, which is also behind the Kinder and Ferrero Rocher brands, is the world’s fourth-largest chocolate maker.
The company is based in Alba and operates 18 production plants globally, selling its chocolate products in over 100 countries.
Comments
See Also
With a net worth of $23.4 billion, 89-year-old Ferrero was ranked the world’s 30th richest person out of 200 in the Bloomberg Index.
Leonardo del Vecchio, the founder of the eyeware company Luxottica, came 43rd with a net worth of $17.3 billion, while Ernesto Bertarelli, the heir to the Serono pharmaceutical company, is the world’s 61st richest person with $15 billion.
Ferrero, the son of a smalltime pastry maker, started from humble beginnings and used hazelnut in the Nutella spread to save money on chocolate amid rationing during World War Two.
The brand celebrated its 50th anniversary earlier this year.
Ferrero International, which is also behind the Kinder and Ferrero Rocher brands, is the world’s fourth-largest chocolate maker.
The company is based in Alba and operates 18 production plants globally, selling its chocolate products in over 100 countries.
Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.
Please log in here to leave a comment.