$9.1B
$-1.05B
(-10.4%)

IT
· Age 80
Source of wealth: Automobiles
Industry: automotive
Residence: Modena
{
"bio": [
"Piero Ferrari is vice chairman and 10% owner of luxury race car company Ferrari. His father Enzo founded Ferrari.",
"Piero became a billionaire when Ferrari listed its shares on the New York Stock Exchange in October 2015.",
"The company went public as part of a spinoff from Fiat Chrysler.",
"He became the sole heir after his stepbrother and Enzo's first son, Alfredo \"Dino\" Ferrari, died from muscular dystrophy in 1956.",
"Piero actively supports Centro Dino Ferrari, a research center for muscular and neurodegenerative diseases that his father cofounded in Dino's memory."
],
"about": [
"Piero owns several yachts and owns a stake in Italian luxury yacht builder Ferretti Group.",
"He was reportedly not legally recognized as part of the Ferrari family until after the death of Enzo's wife, Laura, in 1978."
]
}