Giovanni Ferrero
$43.88B
as of 10/07/24
About Giovanni Ferrero
Giovanni Ferrero is executive chairman of his family's namesake confections business, which posted $18 billion sales in 2023.
The firm is best known for its iconic Nutella chocolate-hazelnut spread, Kinder chocolates and Tic Tac mints.
Giovanni served as co-CEO with his brother, Pietro, who died of a heart attack in 2011.
In 2017 he stepped down as CEO but stayed on as executive chairman to focus on corporate strategy.
Ferrero acquired Nestle's entire U.S. confections business in 2018 for $2.8 billion.
Personal stats
Citizenship
ItalySource of wealth
Nutella, chocolatesResidence
Brussels, BelgiumMarital status
MarriedBirth date
09/21/64 (age 60)Number of children
2Self-made
inherited and growingGiovanni Ferrero’s fortune is worth
731K
troy ounces of gold
675K
median U.S. household
439K
median U.S. income
0.878%
U.S. credit card volume
0.176%
GDP of the United States
0.129%
United States debt
Net worth history
Annual ranking
Did you know?
Ferrero is a novelist who has published eight books.
Net worth over time
Real-time ranking
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