Giovanni Ferrero

$47.17B

as of 07/12/26

About Giovanni Ferrero

Giovanni Ferrero is executive chairman of his family's namesake confections business, which boasts $20 billion in annual sales.

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.

In 2025 it acquired WK Kellogg, the makers behind Corn Flakes and Rice Krispies, for $3.1 billion.

Personal stats

Citizenship

Italy

Source of wealth

Nutella, chocolates

Residence

Brussels, Belgium

Marital status

Married

Birth date

09/21/64 (age 61)

Number of children

Self-made

inherited and growing