Giovanni Agnelli was an Italian industrialist and business magnate known for his leadership of Fiat, the automobile company founded by his grandfather. He was born on March 12, 1921, in Turin, Italy, and passed away on January 24, 2003, at the age of 81. He was one of the most prominent figures in Italian industry and a member of one of the country’s most powerful families.
Early Life
Giovanni Agnelli was born into a wealthy family in Turin, Italy. His grandfather, also named Giovanni Agnelli, founded Fiat in 1899, and the family had a significant stake in the company. Giovanni studied at the Liceo Classico Massimo d’Azeglio in Turin and later attended the Politecnico di Torino, where he earned a degree in engineering.
Career
After completing his studies, Giovanni joined the family business and quickly rose through the ranks. He became CEO of Fiat in 1966 and held the position until 2003, the year of his death. During his tenure, he transformed Fiat into one of the world’s largest automobile manufacturers, with a presence in over 60 countries. He was also involved in other business ventures, including publishing and telecommunications.
Giovanni Agnelli Net Worth
Giovanni Agnelli’s net worth at the time of his death was estimated to be $5.9 billion, according to Forbes. His wealth came from his ownership of a significant stake in Fiat, as well as other business interests. He was known for his lavish lifestyle, owning multiple properties and expensive cars, including a Ferrari.
Lifestyle
Giovanni Agnelli was known for his luxurious lifestyle and love of the finer things in life. He owned multiple properties, including a villa in the south of France and a penthouse apartment in New York City. He was also an avid art collector, with a personal collection that included works by Picasso and Matisse. He was known to enjoy sailing and was a member of the prestigious Yacht Club Costa Smeralda in Sardinia.
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