#533
Paolo Rocca
Italy 73 years old
Overview
- Source of Wealth
- Pipe Manufacturing
- Industry
- Metals & Mining
- Residence
- Buenos Aires
Assets
- Tenaris SA - Common Stock70,825,315 shares @ --TS-US
- TERNIUM S.A. (ADS)25,879,583 shares @ --TX-US
Biography
Brothers Paolo and Gianfelice 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.