BillionaireNet
Percassi
Antonio Percassi
Rank #2634
ITALYreal-estateReal estate, diversified

Antonio Percassi

Net Worth
$1.343B
0% (24h)
Antonio Percassi, born in Clusone, Italy, on June 9, 1953, is a prominent Italian entrepreneur known for his significant contributions to the retail and real estate sectors, as well as his involvement in professional sports. With a current net worth of $1.3 Billion, Percassi's wealth stems from his diverse business ventures. His career began in football, playing for Atalanta from age 17 to 23. He transitioned into entrepreneurship, starting with a partnership with Luciano Benetton in 1976, and managing stores for the Benetton fashion brand. Percassi's achievements include founding KIKO Milano, bringing Zara to Italy, and developing the Billionaire Italian Couture brand. He also served as president of the Atalanta football club. Percassi's leadership and vision have been instrumental in transforming Atalanta into a formidable force. His influence stretches from sports to business, showcasing his dynamic entrepreneurial spirit.

The Full Dossier

Early Life

Antonio Percassi was born in Clusone, Italy, on June 9, 1953. Growing up in a family of modest means, he developed a strong work ethic that would later define his career. Percassi initially pursued a career in football, making his debut for Atalanta at the age of 17. He played as a defender, showcasing his physical presence and determination on the field.

Rise to Success

At the age of 23, Percassi transitioned from his football career to focus on entrepreneurship. His initial venture was in real estate, followed by a pivotal meeting with Luciano Benetton in 1976, which led to a 30-year collaboration and the opening of the first Benetton store in Bergamo. Percassi managed numerous Benetton stores across Italy and internationally, gaining valuable experience in retail management.

One of his most significant achievements was the creation of KIKO Milano in 1997, a cosmetics brand that experienced rapid international expansion. Percassi also partnered with the Inditex Group to bring Zara to Italy in 2001. Furthermore, he developed the luxury-clothing brand Billionaire Italian Couture with designer Flavio Briatore in 2007.

Key Business Strategies

Percassi's business strategy involved a combination of retail development and real estate ventures. This approach led to the development of major projects, including the Orio Center Shopping Center and the Westfield Milan Shopping Center. Additionally, Percassi has collaborated with numerous international brands, including Swatch, Nike, Levi's, Calvin Klein, Guess, Tommy Hilfiger, Gucci, Ferrari, and Ralph Lauren. In 2010, Percassi returned as president of Atalanta Bergamasca Calcio, a role he previously held from 1990 to 1994, further demonstrating his diverse interests and leadership skills.

Philanthropy

Beyond his business endeavors, Percassi is involved in philanthropy. He has supported the Papa Giovanni XXIII Hospital in Bergamo, providing financial aid and resources. He also established the Antonio Percassi Family Foundation, indicating a commitment to giving back to society.

Career Timeline

2022

Sold majority stake in Atalanta

Sold a majority stake in Atalanta to Stephen Pagliuca.

2019

Italian Football Hall of Fame

Inducted into the Italian Football Hall of Fame.

2010

Atalanta President

Returned as president (chairman) of Atalanta.

2009

Honorary Degree

Awarded an Honorary Degree in Construction Engineering from the University of Bergamo.

2007

Billionaire Italian Couture

Partnered to develop Billionaire Italian Couture.

2001

Zara in Italy

Brought Zara to Italy.

1997

KIKO Milano Founded

Founded KIKO Milano cosmetics brand.

1976

Benetton Partnership

Met Luciano Benetton and started a 30-year collaboration.

1976

Entrepreneurial Ventures

Began his entrepreneurial activities.

1970

Football Debut

Made his debut as a footballer for Atalanta at the age of 17.

Philanthropic Impact

Healthcare$N/A

Support for Papa Giovanni XXIII Hospital

Provided financial aid and resources during the COVID-19 pandemic

Wealth Trajectory