D anilo Iervolino is an Italian self-made billionaire who built his fortune in the field of online education. In 2006, he founded Pegaso Online University (Università Telematica Pegaso), which grew to become one of the largest and most successful online universities in Italy. He capitalized on the growing demand for flexible and accessible higher education, offering a wide range of degree programs to tens of thousands of students.
In 2021, Iervolino sold his majority stake in Pegaso's parent company to the private equity firm CVC Capital Partners in a deal that valued the enterprise at over €1 billion, cementing his billionaire status. Since this major exit, he has diversified his interests, moving into media and sports. He is now the owner of the media group BFC Media and the publisher of L'Espresso magazine. He is also a prominent figure in Italian soccer as the owner of the Salernitana football club.
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