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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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.
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 assumes an executive role in the family business (Executive Ascent).
His father, Enzo Ferrari, passes away (Succession).
Ferrari S.p.A. executes its successful IPO on the NYSE (Financial Milestone).
Continues as Vice Chairman and major shareholder, guiding the global automotive giant (Executive Oversight).
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.
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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.
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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+0.11% | +$3.75M
-0.14% | -$4.68M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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