Who is Piero Ferrari?
Piero Ferrari is the second son of Enzo Ferrari, the founder of Ferrari Spa, born in May 1945. He currently holds the position of Vice Chairman of Ferrari Spa and owns 10% of the company’s shares, making him a billionaire. Besides his involvement in Ferrari, he is also a shareholder of the Ferretti Group, an Italian yacht builder. In this article, we will dive deeper into Piero Ferrari’s life and his contribution to the Ferrari and Ferretti Group.
Ferrari Spa was founded by Piero’s father, Enzo Ferrari. Enzo founded the racing team Scuderia Ferrari in 1929, which acted as a racing division for Alfa Romeo. However, he did not start making cars yet. In 1939, he left Alfa Romeo and founded Auto-Avio Costruzioni, a company that supplied parts to other racing teams. It wasn’t until 1947 that he founded Ferrari Spa and started making race cars. Ferrari enrolled in the newly-born Formula 1 World Championship in 1950 and is the only team to remain continuously present since its introduction. In 1969, Fiat S.p.A. acquired 50% of Ferrari and expanded its stake to 90% in 1988. In 2015, Ferrari became stock-listed in New York, and Piero still owns 10% of the company.
Piero’s older brother, Alfredo Ferrari, nicknamed Alfredino or Dino, was the first son of Enzo. He was born in 1932 and died in 1956 due to Duchenne muscular dystrophy. Enzo created the Ferrari Dino as a tribute to his son.
Since 2016, Piero has been a shareholder at the Ferretti Group, which is an Italian yacht building company with brands like Ferretti Yachts, Custom Line, Pershing, Itama, Riva, Mochi Craft, and CRN. The group realizes sales of more than EUR 600 million, with a net profit of EUR 30 million. In 2019, Ferretti was announced to be stock-listed in Milan. Piero owns 11% of Ferretti through his F Investments SA. Additionally, his daughter Antonella is married to Ferretti CEO Alberto Galassi. Piero receives a fee of EUR 400,000 per year for consultancy services.
In 1998, Piero became a shareholder at Piaggio Aero, one of the world’s oldest aircraft manufacturers known for the Piaggio P.180 Avanti business aircraft. In fact, Piero has owned several of these aircraft, all with the Ferrari logo. In 2015, he sold his shares to Mubadala Development Company. Unfortunately, in 2018, the company went bankrupt.
Piero Ferrari Net Worth
According to Forbes, Piero Ferrari’s net worth is estimated at $4.8 billion. His contribution to the Ferrari and Ferretti Group has undoubtedly contributed to his significant net worth. His assets include a large yacht named Race, and private helicopter, and a large real estate portfolio.
In conclusion, Piero is the Vice Chairman of Ferrari Spa and owns 10% of the company’s shares, making him a billionaire. Besides his involvement in Ferrari, he is also a shareholder of the Ferretti Group, an Italian yacht builder. Additionally, he was a shareholder at Piaggio Aero, an aircraft manufacturer.
Wife Floriana Nalin
Piero is (or was) married to Floriana Nalin. It seems they divorced in 2019, but we cannot find any reliable sources. Do you know more? Pls do send us a message.
We also find information that Piero is now actually married to Romina Gingaşu. She is a Romanian model, aged around 35. But Italian media don’t seem to mention this, we can only find Romanian sources online.
Daughter Antonella Ferrari
He has a daughter named Antonella Ferrari. But not much is known about her. It seem she is not the write and actress Antonella, born in 1970. Again, do you know more? Pls do send us a message.
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