Giovanni Ferrero, born in 1964, began his career in the family business, Ferrero SpA, after graduating with a degree in economics from the University of Turin. He started at the bottom, working in the production lines and sales departments, learning every aspect of the company that would eventually make him famous.

In 1997, Giovanni took over as CEO of Ferrero International, following the retirement of his father, Michele Ferrero. Under his leadership, the company expanded globally, introducing iconic brands like Nutella and Tic Tac to new markets. His innovative strategies and commitment to quality earned him recognition as one of the world’s most successful business leaders.

Giovanni Ferrero’s Current Net Worth

As of 2025, Giovanni Ferrero’s net worth is estimated to be around $30 billion, according to Forbes. This makes him one of the wealthiest individuals in the world.

Career

Giovanni Ferrero is the CEO of the Ferrero Group, a global confectionery company known for brands like Nutella, Ferrero Rocher, and Tic Tac. He took over the company from his uncle, Michele Ferrero, in 2015.

Other Ventures

Ferrero has expanded the company’s reach globally, with operations in over 50 countries. He has also ventured into new product lines, such as Ferrero’s acquisition of the U.S. company Fannie May in 2018.

Assets

Ferrero’s assets include the Ferrero Group’s manufacturing plants, offices, and distribution centers worldwide. He also owns a significant stake in the company, which contributes to his net worth.

Annual Income

Giovanni Ferrero’s annual income is not publicly disclosed. However, as the CEO of one of the world’s largest confectionery companies, it is likely that his income is substantial.

Frequently Asked Questions about  Giovanni Ferrero

Frequently Asked Questions about Giovanni Ferrero

1. What is Giovanni Ferrero’s net worth?

Giovanni Ferrero’s net worth is estimated to be around $37.5 billion.

2. Who is Giovanni Ferrero?

Giovanni Ferrero is an Italian businessman and the current chairman of the Ferrero Group, one of the world’s largest confectionery companies.

3. How did Giovanni Ferrero make his fortune?

Giovanni Ferrero, along with his brother Pietro, inherited the Ferrero Group from their father, Michele Ferrero, who founded the company in 1946. They have since expanded the business globally.

4. What are some of the most popular products of the Ferrero Group?

The Ferrero Group is known for products like Nutella, Ferrero Rocher, Tic Tacs, and Kinder chocolates.

5. Where is Giovanni Ferrero based?

Giovanni Ferrero is based in Alba, Italy, which is also the headquarters of the Ferrero Group.

6. Is Giovanni Ferrero involved in any philanthropic work?

Yes, Giovanni Ferrero is involved in philanthropic work. He and his family have established the Ferrero Foundation, which focuses on supporting social causes and cultural initiatives.

7. How many employees does the Ferrero Group have?

The Ferrero Group employs over 40,000 people worldwide.

8. What is the Ferrero Group’s annual revenue?

The Ferrero Group’s annual revenue is over $12 billion.

9. What is Giovanni Ferrero’s educational background?

Giovanni Ferrero graduated from the University of Turin with a degree in Business Administration.

10. What are Giovanni Ferrero’s interests outside of business?

Giovanni Ferrero is known to be a passionate art collector and has been involved in various cultural initiatives in Italy.