| Name: | Piero Ferrari |
| Net Worth: | $5 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 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.
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.
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.
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.
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 is 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.
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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Yacht Owners Database 2024
