Piero Ferrari & family
#480

Piero Ferrari & family

Italy 81 years old

Overview

Source of Wealth
Automobiles
Industry
Automotive
Residence
Modena
Marital Status
Divorced
Children
1

Assets

  • Ferrari N.V.
    18,894,000 shares @ -
    -
    RACE-US
  • Ferretti SpA
    27,927,000 shares @ -
    -
    9638-HK

Biography

Piero Ferrari is vice chairman and 10% owner of luxury race car company Ferrari. His father Enzo founded Ferrari.

Piero became a billionaire when Ferrari listed its shares on the New York Stock Exchange in October 2015.

The company went public as part of a spinoff from Fiat Chrysler.

He became the sole heir after his stepbrother and Enzo's first son, Alfredo "Dino" Ferrari, died from muscular dystrophy in 1956.

Piero actively supports Centro Dino Ferrari, a research center for muscular and neurodegenerative diseases that his father cofounded in Dino's memory.

About

Piero owns several yachts and owns a stake in Italian luxury yacht builder Ferretti Group.

He was reportedly not legally recognized as part of the Ferrari family until after the death of Enzo's wife, Laura, in 1978.