Giuseppe Volpi

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Giuseppe Volpi
Giuseppe Volpi 1925.jpg
Minister of Finance
In office
10 July 1925 – 9 July 1928
Preceded byAlberto De Stefani
Succeeded byAntonio Mosconi
Personal details
Born19 November 1877
Died16 November 1947 (aged 69)
Resting placeSanta Maria Gloriosa dei Frari
Political partyNational Fascist Party

Giuseppe Volpi, 1st Count of Misrata (19 November 1877 – 16 November 1947) was an Italian businessman and politician.

Count Volpi developed utilities which brought electricity to Venice, northeast Italy, and the Balkans by 1903.[1] In 1911–1912, he acted as a negotiator in ending the Italo-Turkish War.[2] He was the governor of the colony of Tripolitania[3] from 1921 until 1925.

As the Kingdom of Italy's Minister of Finance from 1925 until 1928, Volpi successfully negotiated Italy's World War I debt repayment with the United States[4] and with the United Kingdom,[5] pegged the value of the lira to the value of gold, and implemented free trade policies.[6] He was replaced in July 1928 by Antonio Mosconi.[7]

Volpi also founded the Venice Film Festival. His son was automobile racing manager Giovanni Volpi. His grand daughter is Countess Maria Cicogna, The New York Times describes her as "the first major female Italian film producer" and "one of the most powerful women in European cinema".[citation needed]

Volpi was president of the Confindustria from 1934 to 1943.[8] He was removed from this position and expelled from the Grand Council of Fascism after he opposed the continuing of the war and Italy's alliance with Hitler. He was arrested by the SS after trying to escape to Switzerland.

Volpi who was a leading figure of the National Fascist Party, underwent a series of legal proceedings for his responsibilities during the fascist regime after the war. His illness prevented him from appearing before the judges, but, thanks to the Togliatti amnesty he was acquitted of all charges, after a life spent at the top of the Fascist Party.[9]

See also[edit]


  1. ^ Berendt, John (26 September 2006). John Berendt, The City of Fallen Angels. Penguin Books, 2005. ISBN 9780143036937. Retrieved 23 December 2010.
  2. ^ "Volpi's Commission". Time. 2 November 1925. Archived from the original on 27 October 2008. Retrieved 23 December 2010.
  3. ^ "Italy: Cabinet Changes". Time. 20 July 1925. Archived from the original on 19 February 2012. Retrieved 23 December 2010.
  4. ^ "The Cabinet: Italy's Debt". Time. 23 November 1925. Archived from the original on 19 February 2012. Retrieved 23 December 2010.
  5. ^ "Ratified". Time. 15 February 1926. Archived from the original on 31 January 2011. Retrieved 23 December 2010.
  6. ^ "Italy: Back on Gold". Time. 2 January 1928. Archived from the original on 21 November 2010. Retrieved 23 December 2010.
  7. ^ "Italy: Volpi Out". Time. 16 July 1928. Archived from the original on 21 November 2010. Retrieved 23 December 2010.
  8. ^ Volpi di Misurata, Giuseppe (1937). Economic progress of fascist Italy. Roma: Usila.
  9. ^ Mario Guarino, I soldi dei vinti. La dolce vita della casta fascista e la fame per milioni di italiani. Documenti inediti sul Ventennio tra corruzione, ruberie e omicidi. L'elenco dei profittatori del regime, Cosenza, Pellegrini, 2008

External links[edit]

Government offices
Preceded by Governor of Tripolitana
Succeeded by
Preceded by Italian Minister of Finance
Succeeded by
Business positions
Preceded by President of Confindustria
Succeeded by