#534

Gianfelice Rocca

Italy 78 years old

Overview

Source of Wealth
Pipe Manufacturing
Residence
Milan

Assets

  • Tenaris SA - Common Stock
    70,825,315 shares @ -
    -
    TS-US
  • TERNIUM S.A. (ADS)
    25,879,583 shares @ -
    -
    TX-US

Biography

Brothers Gianfelice and Paolo Rocca oversee the Techint Group, the global conglomerate founded by their grandfather, industrialist Agostino Rocca.

Agostino helped build Italy's steel industry in the 1930s then launched the Techint Group in Argentina in 1945.

Its companies operate in steel production, engineering and construction projects, mining, oil and gas and the Italian hospital and healthcare sector.

The Techint Group pulls in more than $38 billion in annual revenue and employs about 78,000 people globally.

Paolo, who is CEO, resides in Argentina; Gianfelice runs the group's healthcare company, Humanitas, from Italy.

About

Rocca's brother, Agostino, died in a plane crash in 2001.