BillionaireNet
Perfetti
Augusto Perfetti
Rank #1310
ITALYFood & BeverageCandy

Augusto Perfetti

Net Worth
$3.083B
0% (24h)
Augusto Perfetti, born in 1946, is an Italian billionaire and co-owner of Perfetti Van Melle, one of the world's largest confectionery manufacturers, and the source of his wealth. Along with his brother Giorgio, he has built a global empire, with brands like Mentos, Airheads, and Chupa Chups, that generates billions in revenue. Residing in Lugano, Switzerland, Perfetti's career has been marked by strategic acquisitions and a focus on innovative products. His net worth is estimated at $3.1 billion as of 2024, a testament to his successful leadership and the enduring appeal of his company's candy and gum offerings.

The Full Dossier

Early Life

Augusto Perfetti was born in August 1946, in Italy. His father, Ambrogio Perfetti, and his uncle, Egidio, founded the Perfetti candy company. From a young age, Augusto was immersed in the world of confectionery, learning the ins and outs of the business that would eventually become a global giant. He grew up in the small town near Milan where the family's chewing gum business originated, the company has grown ever since, and the product is still popular these days.

Rise to Success

Augusto Perfetti, along with his brother Giorgio, took the reins of Perfetti Van Melle after the passing of their father and uncle. Together, they expanded the company through strategic acquisitions and innovative product development. A pivotal moment came in 2001 when Perfetti acquired Van Melle, the Dutch owner of Mentos, Fruittella and Airheads, a move that significantly broadened their portfolio and global reach. In 2006, they acquired Chupa Chups, the Spanish lollipop brand, further solidifying their position in the confectionery market.

Key Business Strategies

Key business strategies include innovation and strategic acquisitions. Perfetti Van Melle has focused on creating new flavors, packaging, and product concepts to match local preferences. The acquisition of brands like Chupa Chups and the recent purchase of Mondelēz International's gum business in 2023 demonstrate the company's commitment to expanding its product lines and market share.

Philanthropy

Information about Augusto Perfetti's specific philanthropic endeavors is not readily available in the search results. However, as a leader of a major global company, it is likely that Perfetti Van Melle engages in various forms of corporate social responsibility. More information may be available through direct research of the company's activities.

Career Timeline

2023

Acquired Mondelēz International's gum business

Perfetti Van Melle acquired Mondelez International's developed market gum business, adding brands such as Trident, Dentyne and Bubbalicious.

2006

Acquired Chupa Chups

Perfetti Van Melle acquired the Spanish company Chupa Chups.

2001

Acquired Van Melle

Perfetti acquired the Dutch company Van Melle, owner of Mentos, Fruittella, and Airheads.

1969

Launched Brooklyn Gum

Brooklyn gum was launched with the famous Brooklyn Bridge image.

1946

Founded Dolcificio Lombardo

Ambrogio and Egidio Perfetti started a chewing gum business.

Wealth Trajectory