Giovanni Ferrero: Leading the Global Confectionery Empire
Giovanni Ferrero, born on September 21, 1964, in Farigliano, Italy, is the executive chairman of the Ferrero Group, renowned for products like Nutella, Ferrero Rocher, and Tic Tac. Under his leadership, the company has expanded its global footprint, solidifying its position in the confectionery industry.
By Business Chronicles
Giovanni Ferrero at a corporate event, symbolizing his leadership in the confectionery sector
After completing his education in marketing at Lebanon Valley College in the United States, Ferrero returned to Europe to join the family business. In 1997, he became co-CEO alongside his brother, Pietro Ferrero Jr.
Following Pietro's untimely death in 2011, Giovanni assumed sole leadership of the Ferrero Group. He served as CEO until 2017, when he transitioned to the role of executive chairman to focus on long-term strategy and innovation.
Under his guidance, the Ferrero Group has achieved significant milestones, including the acquisition of Nestlé's U.S. confectionery business in 2018, enhancing its presence in the North American market.
As of April 2025, Giovanni Ferrero's net worth is estimated at $38.4 billion, making him the wealthiest individual in Italy and placing him among the top 30 richest people globally.
Beyond his business endeavors, Ferrero is also an author, having written several novels that reflect his diverse interests and creative pursuits.
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