| Birth Day | April 26, 1925 |
| Birth Place | Italy |
| Age | 95 YEARS OLD |
| Died On | Feb 14, 2015 (age 89) |
| Birth Sign | Taurus |
Michele Ferrero, a prominent business executive in Italy, is estimated to have a net worth of $26.5 billion in 2024. As the head of the Ferrero Group, a renowned confectionery company founded by his father, Michele has successfully expanded the company's reach globally and contributed to its immense financial success. Under his leadership, the Ferrero Group has become one of the world's leading confectionery manufacturers, with popular brands such as Nutella, Kinder, and Ferrero Rocher gaining wide recognition and immense popularity. Michele Ferrero's impressive net worth is a testament to his astute business acumen and dedication to creating beloved sweet treats enjoyed by millions around the world.
Notable for heading Europe's Ferrero Spa candy company, he is most well known for his role in creating the popular Nutella product. In addition to Nutella, his company produces the Ferrero Rocher, Mon Cheri, Kinder Eggs and Kinder Chocolate, and Tic Tacs candy varieties.
He became involved in his family's candy Business in the late 1940s.
A devout Roman Catholic, he made annual pilgrimages to a shrine and erected statues of the Virgin Mary in all of the factory buildings he owned.
The child of Piera Rocher and Ferrero confectionary founder Pietro Ferrero, he grew up in Dogliani, Italy. His marriage to Maria Franca Fissol resulted in sons named Giovanni Ferrero and Pietro Ferrero, Jr.
In early 2008, Ferrero -- then worth twenty-six billion dollars-- stole the "Italy's richest Person" designation from Finivest CEO-turned-Italian Prime Minister Silvio Berlusconi.
