26 April 1925|
Dogliani, Piedmont, Italy
|Died||14 February 2015
Monte Carlo, Monaco
|Residence||Monte Carlo, Monaco|
|Occupation||Owner of Ferrero SpA|
|Known for||Nutella, Mon Chéri, Kinder Chocolate, Ferrero Rocher, Tic Tacs, Kinder Eggs|
|Net worth||US$ 26.7 billion (May 2014)|
|Spouse(s)||Maria Franca Fissolo|
Michele Ferrero (Italian pronunciation: [miˈkɛːle ferˈrɛːro]; 26 April 1925 – 14 February 2015) was an Italian entrepreneur. He owned the chocolate manufacturer Ferrero SpA, Europe's second largest confectionery company, which he developed from the small bakery and café of his father in Alba, Piedmont. His first big success was adding vegetable oil to the traditional gianduja paste to make the popular spread, Nutella.
Ferrero joined the firm in 1949.
He was the richest person in Italy, with a personal wealth of $26bn surpassing Silvio Berlusconi in March 2008. In May 2014, the Bloomberg Billionaires Index listed Ferrero as the 20th richest person in the world.
He was a fervent Catholic. Ferrero visited the Lourdes shrine annually, and had a Madonna placed in every factory and office. Ferrero died on 14 February 2015, at his home in Monte Carlo, Monaco. He was 89.
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- La Stampa
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