| Name: | Piero Ferrari |
| Net Worth: | $9 billion |
| Source of Wealth: | Ferrari S.p.A. |
| Born: | May 22, 1945 |
| Age: | |
| Country: | Italy |
| Wife: | Floriana Nalin |
| Children: | Antonella Ferrari |
| Father: | Enzo Ferrari |
| Residence: | Modena, Italy |
| Private Jet: | Piaggio P180 Avanti (PP-DLA), AgustaWestland AW109S (I-FACM) |
| Yacht: | Race |
Piero Ferrari, born in May 1945, is the second son of the legendary Enzo Ferrari, the founder of Ferrari S.p.A. As the Vice Chairman of Ferrari, he owns 10% of the company’s shares, cementing his status as a billionaire. Beyond the world of supercars, Piero has ventured into the luxury yacht industry as a significant shareholder of the Ferretti Group, an esteemed Italian yacht builder. Let’s delve into his remarkable journey and his impact on both Ferrari and the Ferretti Group.
Ferrari S.p.A. was established by Enzo Ferrari, who initially founded the racing team Scuderia Ferrari in 1929. This team served as Alfa Romeo’s racing division before Enzo ventured out on his own. In 1939, he started Auto-Avio Costruzioni, supplying parts to other racing teams. It wasn’t until 1947 that Ferrari began crafting its own race cars, marking the birth of the iconic brand we know today.
The company made a historic entry into the Formula 1 World Championship in 1950. Remarkably, Ferrari is the only team that has participated continuously since the championship’s inception. Over the years, the company evolved, with Fiat S.p.A. acquiring a 50% stake in 1969 and expanding it to 90% by 1988. In 2015, Ferrari went public on the New York Stock Exchange, and Piero retained his 10% ownership.
Piero’s older brother, Alfredo Ferrari—affectionately known as Dino—was born in 1932. Tragically, Dino passed away in 1956 due to Duchenne muscular dystrophy. Enzo Ferrari honored his memory by creating the Ferrari Dino, a line of cars that carried his nickname and legacy forward.
In 2016, Piero expanded his influence by becoming a shareholder in the Ferretti Group. This Italian yacht-building conglomerate boasts renowned brands like Ferretti Yachts, Custom Line, Pershing, Itama, Riva, Mochi Craft, and CRN. With sales exceeding €600 million and a net profit of €30 million, the Ferretti Group is a titan in the luxury yacht industry. Piero owns 11% of the company through his investment firm, F Investments SA. His involvement doesn’t end there; he also provides consultancy services, for which he receives an annual fee of €400,000.
Back in 1998, Piero became a shareholder in Piaggio Aero, one of the world’s oldest aircraft manufacturers, famous for the Piaggio P.180 Avanti business aircraft. Piero personally owned several of these aircraft, each adorned with the Ferrari logo. In 2015, he sold his shares to the Mubadala Development Company. While Piaggio Aero faced financial difficulties and declared bankruptcy in 2018, Piero’s association with the company highlighted his diverse business interests.
With an estimated net worth of $9 billion, Piero Ferrari is one of the wealthiest figures in the automotive and maritime industries. His wealth is not just in shares and investments; it extends to an array of luxury assets:
Piero has kept much of his personal life private. He was married to Floriana Nalin, and while there are reports of a divorce in 2019, details are sparse. Piero also has a daughter, Antonella Ferrari, who maintains a low public profile.
Strengthening his ties to the Ferretti Group, Piero’s daughter Antonella is married to Alberto Galassi, the CEO of Ferretti. This familial connection underscores the deep personal and professional relationships that influence the luxury automotive and yachting industries.
https://en.wikipedia.org/wiki/PieroFerrari
https://www.forbes.com/profile/pieroferrari
https://en.wikipedia.org/wiki/Ferrari
https://www.ferrettigroup.com/PIEROFERRARI-
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He is said to live in Modena. Several Italian websites claim he lives in the former house of his father. We are not sure if that is correct, as we also find information that this house is available for rent for business meetings.
Do you know more about the residence of Piero? Please do send us a message.
Modena is a picturesque city in the Emilia-Romagna region of Italy. Known for its rich cultural heritage and gastronomy, Modena is a popular tourist destination. The city has a rich history that dates back to the Etruscan era, and the region was later conquered by the Romans.
Modena is renowned for its culinary tradition, including balsamic vinegar and traditional dishes such as tortellini, ragù alla bolognese, and cotechino sausage. The city is also famous for producing luxury sports cars, including Ferrari, Maserati, and Lamborghini.
In addition to its culinary and automotive heritage, Modena has a wealth of historical and cultural sites, including the 12th-century Modena Cathedral, a UNESCO World Heritage Site. The cathedral is a masterpiece of Romanesque architecture and houses the Ghirlandina Tower, one of the symbols of the city.
Other notable landmarks in Modena include the Ducal Palace, the Piazza Grande, and the Municipal Museum. The city also has a thriving music scene, with the famous tenor Luciano Pavarotti hailing from Modena.
Modena is easily accessible by train from major Italian cities such as Milan and Bologna, and the Bologna International Airport is located just 30 minutes away. With its rich cultural heritage, culinary delights, and famous sports car manufacturers, Modena is a must-visit destination for anyone traveling to Italy.
He was the owner of the yacht Race. Race was built at Riva, which is part of Ferretti.
The RACE yacht is powered by 2 Caterpillar engines that provide a top speed of 15 knots, while its cruising speed is 11 knots. The yacht has a range of more than 3,500 nautical miles, making it ideal for long-distance cruises.
The superyacht RACE is a 50-meter (164ft) yacht that can accommodate up to 12 guests in complete luxury. The yacht’s interior is designed to provide a sophisticated and elegant ambiance. The use of luxurious materials, such as marble, leather, and high-end fabrics, creates a sense of opulence throughout the yacht.
UPDATE: In 2024 he sold his yacht to a US-based millionaire. The yacht is now named KINSHIP. Do you know more? Please do send us a message.
Ferrari is building a new yacht at RIVA. We were told it’s a Riva 70 Metri, although we think its the Riva 54 Metri, known as FERRETTI ANCONA SYD-RIVA 54/1 IMO 1013298
He is (or was..) the owner of a Piaggio P180 Avanti, with registration PP-
He used to own other Piaggio aircraft with registration I-
The Agusta A109 is a twin-engine helicopter manufactured by Italian company Leonardo S.p.A. Originally designed as a military helicopter, the A109 has since been adapted for a range of civilian uses, including air ambulance, law enforcement, and VIP transport.
The A109 was first introduced in the 1970s and has since undergone a number of upgrades and improvements. Today, the helicopter is available in several different configurations, including the A109E, A109K2, A109S Grand, and A109 Trekker.
The A109 features a spacious and comfortable cabin, with seating for up to eight passengers. The helicopter is powered by two Pratt & Whitney Canada PW206C engines, which provide excellent performance and reliability. With a range of up to 600 nautical miles and a top speed of over 170 mph, the A109 is a versatile and efficient helicopter.
One of the key features of the A109 is its advanced avionics system, which includes a four-axis autopilot, weather radar, and digital mapping. The helicopter is also equipped with a range of safety features, including an automatic flight control system, terrain awareness and warning system, and collision avoidance system.
The A109 has a proven track record of reliability and safety, with over 1,500 helicopters produced and over 5 million flight hours logged. It is a popular choice for a range of applications, including corporate transport, emergency medical services, and search and rescue operations.
In summary, the Agusta A109 is a versatile and efficient twin-engine helicopter, known for its advanced avionics system and excellent performance. With a range of configurations and a proven track record of reliability, the A109 is a popular choice for a range of civilian applications.
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Super Yacht Owners Database 2025
