Stefano Pessina

About Stefano Pessina

Birth Day: June 04, 1941
Birth Place: Monte Carlo, Monaco, Italy
Birth Sign: Cancer
Alma mater: Polytechnic University of Milan
Occupation: Businessman
Years active: 1966–present
Title: Vice chairman and CEO, Walgreens Boots Alliance
Term: 2015 – present
Board member of: Walgreens Boots Alliance
Spouse(s): Barbara Pessina (separated)
Partner(s): Ornella Barra (life partner for over 30 years)
Children: 2
Website: www.stefanopessina.com

Stefano Pessina Net Worth

Stefano Pessina was bornon June 04, 1941 in Monte Carlo, Monaco, Italy. Nearly four decades after taking over his family's pharmaceutical wholesaler in Naples, Italy, Stefano Pessina heads the world's largest drugstore chain, Walgreens Boots Alliance. He got there by striking a flurry of deals, buying more than 150 rival pharmacies across Europe, then merging his UniChem Group with U. K. pharmacy Alliance Boots and taking the company private in a $22 billion deal, Europe's largest leveraged buyout ever. Between 2012 and 2014, Walgreens bought 100% of his pharmacy chain, creating Walgreens Boots Alliance and making Pessina the largest shareholder in the Chicago-based company. Pessina took over as CEO in December 2014. In June 2017, Walgreens Boots Alliance announced a deal to buy almost half of Rite Aid's stores for $5.2 billion, terminating a previous merger between the two drugstore chains that had come under close scrutiny due to antitrust concerns.
Stefano Pessina is a member of Health care

💰 Net worth: $11.7 Billion (Updated at 22 June 2018)

2009 $1.6 Billion
2010 $1.4 Billion
2011 $1.4 Billion
2012 $2.6 Billion
2013 $6.4 Billion
2014 $10.4 Billion
2015 $12.1 Billion
2016 $13.4 Billion
2017 $13.9 Billion
2018 $12.02 Billion

Biography/Timeline

1977

In 1977, he took over his family's pharmaceutical wholesaler in Naples and turned it into Alliance Santé, a Franco-Italian pharmaceutical wholesale group. In 1997, it merged with Alliance UniChem, and he joined its board of Directors. From 2001 to 2004, he served as its CEO. He served as deputy chairman, and later as chairman.

1985

He has also been the romantic partner of Ornella Barra for over 30 years. They met in 1985, as she was just beginning her career. She is 13 years his junior and shares his Monaco residence and work schedule, acting as co-chief operating officer of Walgreens Boots Alliance.

2007

His daughter, Elena, 41, lived in Paris and worked in public relations, before marrying an Italian Lawyer in 2007.

2015

In a 31 January 2015 interview for The Sunday Telegraph, Pessina commented on the prospect of Britain's Labour Party winning the UK general election in May 2015, "If they acted as they speak, it would be a catastrophe ... The Problem is would they act that way or not? One thing is to threaten and to shout but it is completely different to be in charge and to manage the country day-to-day." He described Labour’s Business policies as "not helpful for Business, not helpful for the country and in the end it probably won’t be helpful for them". The Sunday Telegraph noted that Pessina "declined to elaborate on which specific policies he disliked".

2019

On 2 February, Walgreens Boots Alliance stated, "The comments made by Stefano Pessina were a small part of a much larger conversation and have been taken out of context ... Stefano Pessina was expressing his personal views only and is not campaigning against Ed Miliband or the Labour Party." On 6 February, Allister Heath, deputy Editor of The Telegraph, described the "attacks" by Labour and Liberal Democrat politicians on Pessina, "one of the world’s greatest entrepreneurs", as being "as nonsensical as they were indefensible".