Michele Ferrero is the owner of the eponymous chocolate maker Ferrero SpA, one of Europe’s largest with estimated 2012 sales of $19 billion.
Michele Ferrero Net Worth Forbes Total Income/Salary
Born: April 26, 1925 (age 88), Ogliani, Italy
Michele Ferrero Net Worth Forbes Total Income/Salary Monthly Yearly & Earning Per Day Week:
Net Worth: $20.4 Billion
Source of Wealth: Business
Age: 88 years old
Birth Place: Ogliani, Italy
Marital Status : Married (Maria Franca)
Full Name : Michele Ferrero
Michele Ferrero, 86, is the patriarch of Italian chocolate dynasty Ferrero Group. He inherited the company from his father Pietro in the 1950s and turned it into one of the world’s largest confectionery makers, whose brands include Ferrero Rocher hazelnut chocolates, Nutella and Tic Tac. It operates more than 70 affiliated companies, has 15 production plants and and employs nearly 22,000 people worldwide. Michele Ferrero’s son Pietro died in 2011, leaving his surviving son, Giovanni, as the sole CEO of the group.