|April 26, 1925
|95 YEARS OLD
|14 February 2015(2015-02-14) (aged 89)\nMonte Carlo, Monaco
|Monte Carlo, Monaco
|Owner of Ferrero SpA
|Nutella, Mon Chéri, Kinder Chocolate, Ferrero Rocher, Tic Tacs, Kinder Eggs
|Maria Franca Fissolo
|Pietro Ferrero Piera Cillario
Michele Ferrero & family, renowned as pioneers in the food and beverage industry in Italy, are anticipated to possess a staggering net worth of $26.5 billion by 2024. This wealth is a testament to their tremendous success in creating and developing globally beloved brands such as Nutella, Kinder, and Ferrero Rocher. With their extraordinary business acumen and commitment to quality, the Ferrero family has established an empire that has left an indelible mark on the global culinary landscape. Their unrivaled craftsmanship and dedication to providing delectable treats have endeared them to millions of consumers worldwide, solidifying their position as one of the wealthiest and most influential dynasties in the food and beverage sector.
Michele Ferrero was born on 26 April 1925 in Dogliani, the son of Pietro Ferrero, who founded the Ferrero company, and his wife Piera Cillario.
Ferrero married Maria Franca Fissolo in 1962, and they had two sons together, Giovanni Ferrero and Pietro Ferrero Jr.
From 1997, his sons, Giovanni Ferrero and Pietro Ferrero, co-led the company. Pietro died on 18 April 2011, after an accident in South Africa. Giovanni became the sole CEO.