Early Life
Danilo Iervolino was born on April 2, 1978, in Palma Campania, Italy. He comes from a family that valued education, which played a significant role in his early years. His father was a lawyer, and Iervolino studied humanities, Latin, and Ancient Greek in public schools before pursuing a degree in economics from the Parthenope University of Naples.
Rise to Success
Iervolino's entrepreneurial journey began with the founding of Università Telematica Pegaso in 2006. He was inspired after a trip to the United States. He grew Pegaso to become one of the largest online universities in Italy, serving over 100,000 students. In 2021, he sold Multiversity, which included UniPegaso, to CVC Capital Partners for $1.3 billion.
Key Business Strategies
Iervolino's success is attributed to his vision of leveraging online education to make learning more accessible and flexible. He invested in technology, infrastructure, and personnel, adapting to the evolving needs of students and the market. After selling Unipegaso, Iervolino has invested in various ventures, including the Italian football club Salernitana and BFC Media, which owns Forbes Italia.
Philanthropy
Iervolino is known for his philanthropic efforts in social equity and empowerment through education. He initiated scholarships and funded research to remove barriers to education for underprivileged students.