BillionaireNet
Elkann
John Elkann
Rank #1435
ITALYFinance & InvestmentsFIAT, investments

John Elkann

Net Worth
$2.8B
0% (24h)
John Elkann, born in New York City on April 1, 1976, is an Italian industrialist and the current Chairman of Stellantis and Ferrari. As the CEO of Exor, the Agnelli family's holding company, Elkann oversees a diverse portfolio of investments. His career began with formative experiences at General Electric before he took on a pivotal role in the Fiat Group, ultimately becoming the heir to his grandfather, Gianni Agnelli's, legacy. Elkann's estimated net worth is $2.8 billion. He has significantly shaped the automotive industry, guiding mergers and acquisitions that formed Stellantis, a global automotive giant. Throughout his career, he has demonstrated leadership in finance and investments, with a focus on the future of technology and innovation. His influence extends beyond business, as he is actively involved in philanthropy.

The Full Dossier

Early Life

John Philip Jacob Elkann was born in New York City on April 1, 1976. His parents are Alain Elkann, a journalist and writer, and Margherita Agnelli. His grandparents were Gianni Agnelli, the former head of Fiat, and Marella Agnelli. Elkann spent his early years in the United Kingdom, Brazil, and France, where he attended primary school. He completed his Baccalauréat scientifique at Lycée Victor-Duruy in Paris in 1994. He renounced his U.S. citizenship in 2012. He holds dual citizenship.

Rise to Success

In 1997, Elkann was chosen as the heir to his grandfather Gianni Agnelli, following the death of Gianni's nephew. He graduated with a degree in management engineering from the Polytechnic University of Turin in 2000. Elkann began his career at General Electric in 2001 as part of the Corporate Audit Staff. In 2003, he joined the Fiat Group. He played a key role in the appointment of Sergio Marchionne as Fiat Chrysler Automobiles (FCA) CEO in 2004. He succeeded Luca Cordero di Montezemolo as chairman of Fiat S.p.A. (FCA) in 2010. In 2021, Elkann oversaw the merger between Fiat Chrysler and the PSA Group to create Stellantis.

Key Business Strategies

Elkann's leadership is marked by strategic acquisitions and mergers, notably the creation of Stellantis. His focus on innovation, luxury, and sports competitions has bolstered Ferrari's legacy. He has spearheaded the diversification of Exor through various investments and has also established new investment companies like Lingotto.

Philanthropy

Elkann actively participates in philanthropy through the Agnelli Foundation, focusing on education and research, as well as through emergency aid initiatives.

Career Timeline

2021

Formation of Stellantis

Oversaw the merger between Fiat Chrysler and PSA Group, creating Stellantis.

2018

Chairman of Ferrari

Became the Chairman of Ferrari.

2011

Chairman and CEO of Exor

Appointed chairman and CEO of Exor.

2010

Chairman of Fiat S.p.A. (FCA)

Succeeded Luca Cordero di Montezemolo as chairman of Fiat S.p.A.

2008

Head of IFIL (later Exor)

Replaced Gabetti as head of IFIL (now Exor).

2004

Vice-Chairman of Fiat

Became Vice-Chairman of Fiat.

2003

Joined Fiat Group

Joined Fiat Group and contributed to its transformation.

2001

Career at General Electric

Began his career at General Electric on the Corporate Audit Staff.

2000

Graduation

Graduated from the Polytechnic University of Turin with a degree in management engineering.

1997

Heir to Agnelli Legacy

Chosen as the heir to his grandfather Gianni Agnelli's legacy.

Philanthropic Impact

EducationUndisclosed

Agnelli Foundation

Supports education and research

Wealth Trajectory