| By PR Newswire |
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| January 24, 2013 01:50 AM EST |
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SINGAPORE, Jan. 24, 2013 /PRNewswire/ -- Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, has just released a list of the top 10 wealthiest Italians.
Topping the list is Michele Ferrero, owner of renowned chocolate maker Ferrero, with a net worth of US$21.7 billion. Coming in second is Leonardo Del Vecchio, founder and chairman of Luxottica Group, with a net worth of US$18.4 billion. Giorgio Armani, president and CEO of Armani Group, is ranked third with a net worth of US$9.7 billion.
|
Rank
|
Name
|
Position
|
Company
|
Net Worth
(US$ billion)
|
|
1
|
Michele Ferrero
|
Owner
|
Ferrero International
|
21.7
|
|
2
|
Leonardo Del Vecchio
|
Founder and Chairman
|
Luxottica Group
|
18.4
|
|
3
|
Giorgio Armani
|
President and CEO
|
Armani Group
|
9.7
|
|
4
|
Silvio Berlusconi
|
Founder and Owner
|
Fininvest
|
7.8
|
|
5
|
Miuccia Bianchi Prada
|
Co-Founder and Chairman
|
Prada
|
7.3
|
|
5
|
Patrizio Bertelli
|
Co-Founder and CEO
|
Prada
|
7.3
|
|
7
|
Stefano Pessina
|
Executive Chairman
|
Alliance Boots
|
6.1
|
|
8
|
Gianfelice Rocca
|
Chairman
|
Techint Group
|
3.3
|
|
8
|
Paolo Rocca
|
CEO
|
Techint Group
|
3.3
|
|
10
|
Diego Della Valle
|
Chairman
|
Tod's
|
3.1
|
The collective wealth of the top 10 wealthiest Italians stands at US$88 billion, which comprises 40% of the combined net worth of the Italian UHNW population. In particular, fashion moguls constitute half the list and represent 52% of the combined net worth of the top 10 wealthiest Italians.
Commenting on the list, Wealth-X CEO, Mykolas D. Rambus said, "The top Italian billionaires are inextricably linked to luxury fashion. We often see that there are strong social and professional connections among global billionaires and the Italians are no exception. Understanding a UHNWI's social capital is increasingly critical for professionals who wish to successfully engage with this ultra wealthy community."
For the full list and supplemental analysis, please visit: http://www.wealthx.com/articles/2013/top-10-wealthiest-italians
About Wealth-X
Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally. The firm's Wealth-X Professional solution is the standard for banking, marketing and not-for-profit professionals working with the ultra affluent. Wealth-X is headquartered in Singapore with offices in all major financial centres.
For more information about Wealth-X, please visit: www.wealthx.com
SOURCE Wealth-X
