#1460

Ugo Gussalli Beretta & family

Italy 88 years old

Overview

Source of Wealth
Firearms
Industry
Manufacturing
Residence
Brescia
Marital Status
Married
Children
2

Biography

Ugo Gussalli Beretta and his two sons, Pietro and Franco, lead Beretta Holding, the world's oldest firearms manufacturer founded in Italy in 1526.

They are the 14th and 15th generations to lead the company, whose first deal was the sale of 185 arquebus barrels to the Republic of Venice in 1526.

Ugo stepped down from executive positions in 2015 and sits on the board of Luxembourg-based Beretta Holding, which is headed by Pietro, who created the holding company.

Franco leads subsidiary Fabbrica d'Armi Pietro Beretta, which still owns factories in the town of Gardone Val Trompia, where the company was founded.