Luigi Cremonini & family
Overview
- Source of Wealth
- meat processing
- Industry
- Food & Beverage
- Residence
- Modena
- Marital Status
- Married
- Children
- 4
Assets
- Marr SpA33,161,000 shares @ --MARR-IT
Biography
Luigi Cremonini supplies hamburger meat to McDonald's and Burger King in Italy and other countries through his privately-held Inalca SpA.
Born to poor farmers in an Italian village near Modena, Cremonini got his start by opening a small butcher shop in 1963.
Beginning in the late 1970s he diversified into cured meats, distribution and catering and within a decade expanded the business internationally.
Today Cremonini Group employs more than 19,500 workers all over the globe and generated $5.6 billion in revenues in 2022.
Its catering arm Chef Express sells food on trains in Europe, Turkey and Russia, including the Eurostar service between London and Paris.
About
In 1994 the University of Bologna awarded Cremonini an honorary degree in Veterinary Medicine.
An art lover, Cremonini has a vast collection of paintings and contributed to the restoration of an archaeological area near the Trevi fountain in Rome.