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Piero Ferrari & family

Piero Ferrari & family

P. family
0.62% | + $43.67M
$7.06 B ₹ 65,171 Cr
Real Time Net Worth #535 Ranking as of 16 Mar 2026 By Forbes

More on Piero Ferrari & family

Gender

Male

Age

80Y

Country

Italy

Born On

May, 1945

Deceased

No

Relationship Status

Married

Children

1

Education

University Of Modena – Degree In Mechanical Engineering

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Family Wealth)

Primary Organization

Ferrari S.P.A.

Titles

Vice Chairman

Sources of Wealth

Ferrari

Industry

Automotive, Sports

About Piero Ferrari & family


P iero Ferrari is the second and only living son of Enzo Ferrari, the legendary founder of the iconic Italian sports car manufacturer, Ferrari. Born to Enzo's mistress, Lina Lardi, Piero was not officially acknowledged as a Ferrari family member until after the death of Enzo's wife, Laura, in 1978, due to Italian law at the time. Despite this, he was involved in the family business from a young age, developing a deep passion for the company his father built.

Piero formally joined the company in the 1970s and has held various roles, including supervising the production of road cars and managing the Formula One racing team. While he never held the top leadership position, his presence has provided a crucial link to the company's heritage and founding principles. Upon his father's death in 1988, he inherited a 10% stake in the company. He became a billionaire after Ferrari's IPO in 2015, which saw the company listed on the New York Stock Exchange. Today, he serves as the Vice Chairman of Ferrari and remains a passionate ambassador for the brand, frequently attending races and company events. He is also the chairman of the engineering firm Ferretti Group.

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Quick Reads


  • The only living son of Ferrari founder, Enzo Ferrari.
  • Serves as the Vice Chairman of the Ferrari company.
  • Inherited a 10% stake in the company from his father.
  • Became a billionaire after Ferrari's IPO in 2015.
  • His mother was Enzo Ferrari's longtime mistress, Lina Lardi.

Early Life and Background


Piero Ferrari is an Italian businessman, the billionaire Vice Chairman of Ferrari S.p.A. (NYSE: RACE), the iconic global luxury sports car manufacturer. His wealth is generational, tied to the automotive empire founded by his father, Enzo Ferrari (d. 1988), in 1947.

Piero is the only surviving son of Enzo Ferrari. His career is defined by generational stewardship and fiduciary oversight of the complex family assets. His structural role is tied to managing the family's assets, focusing on brand preservation, creative excellence, and long-term asset hold in the global luxury automotive sector.

  • Ferrari S.p.A. (Vice Chairman & Major Shareholder): The core publicly traded asset, the global leader in ultra-luxury sports cars and Formula 1 racing. He owns a 10 percent stake in the company.
  • Ferrari Scuderia (Executive): He is actively involved in the Ferrari Formula 1 team (a core part of the brand's IP).
  • Investment Strategy: His philosophy is rooted in long-term investment in brand IP and leveraging the massive global growth of the ultra-luxury consumer market.
  • Family Governance: He succeeded his father and maintains the second-largest stake in the company after Exor N.V. (the Agnelli family holding).

Career Journey of Piero Ferrari & family


Piero Ferrari's structural role is centered on fiduciary stewardship of his inherited assets, ensuring the long-term, stable management of the Ferrari legacy. His structural contribution is immense: maintaining the brand's exclusivity and high-performance commitment (the Ferrari mystique). He was instrumental in the company's IPO on the NYSE in 2015.

He remains Vice Chairman, guiding the company's commitment to Formula 1 racing and technological excellence. His wealth is secured by the colossal, long-term, stable profitability of the global ultra-luxury automotive sector.

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Piero Ferrari & family's Timeline


1980s (approx.):

Piero Ferrari assumes an executive role in the family business (Executive Ascent).

1988 (August):

His father, Enzo Ferrari, passes away (Succession).

2015 (October):

Ferrari S.p.A. executes its successful IPO on the NYSE (Financial Milestone).

Ongoing:

Continues as Vice Chairman and major shareholder, guiding the global automotive giant (Executive Oversight).

Major Business Ventures and Investments


Piero Ferrari's wealth is concentrated in his inherited stake and executive leadership role in the publicly traded automotive giant, Ferrari S.p.A. (NYSE: RACE), and his private investments.

  • Ferrari S.p.A. (Vice Chairman & Major Shareholder): The core publicly traded asset, the global leader in ultra-luxury sports cars and Formula 1 racing. He owns a 10 percent stake in the company.
  • Ferrari Scuderia (Executive): He is actively involved in the Ferrari Formula 1 team (a core part of the brand's IP).
  • Investment Strategy: His philosophy is rooted in long-term investment in brand IP and leveraging the massive global growth of the ultra-luxury consumer market.
  • Family Governance: He succeeded his father and maintains the second-largest stake in the company after Exor N.V. (the Agnelli family holding).

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Philanthropy and Social Impact


Piero Ferrari's social impact is structural, stemming from Ferrari's role as a massive global employer and leader in the ultra-luxury automotive sector. His family's foundation supports various educational and community initiatives. His structural contribution is tied to the successful generational transition and stable private control of a critical Italian industrial and cultural asset.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Piero Ferrari maintains the professional, elegant style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global luxury automotive sector.

Residing in Modena, Italy, his luxury is the immense security and financial reward derived from his multi-billion euro fortune. His life is dedicated to corporate governance, brand management, and the long-term stewardship of the Ferrari legacy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Vice Chairman of Ferrari S.p.A. and the only surviving son of founder Enzo Ferrari.
  • He holds a 10 percent stake in the publicly traded company.
  • Ferrari successfully executed its IPO on the NYSE in 2015.
  • He is actively involved in the Ferrari Formula 1 team.
  • His fortune is tied to the successful monetization of the ultra-luxury automotive brand.
  • He is known for maintaining a private profile despite his vast corporate interests.
  • His philosophy emphasizes brand preservation and technological excellence.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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