BillionaireNet
Fissolo
Maria Franca Fissolo
Rank #1676
ITALYFood & BeverageNutella, chocolates

Maria Franca Fissolo

Net Worth
$2.344B
0% (24h)
Maria Franca Fissolo, born in Piedmont, Italy, in 1938, is an Italian businesswoman best known as the widow of Michele Ferrero. She inherited a portion of his stake in the Ferrero Group, the company behind iconic brands such as Nutella, Kinder, and Ferrero Rocher. Her wealth stems from this inheritance, the source of her multi-billion dollar net worth. Maria Franca has maintained a private lifestyle, dividing her time between Alba and Monaco. She is known for her philanthropy through the Ferrero Foundation and received recognition for her commitment, including being made a Knight of the Grand Cross in the Order of Merit of the Italian Republic.

The Full Dossier

Early Life

Maria Franca Fissolo was born in 1938 in Savigliano, Piedmont, Italy, near Alba, where the Ferrero family business originated. Details about her early life are scarce, as she has long been known for her discretion and avoidance of publicity.

Rise to Success

In 1962, Maria Franca married Michele Ferrero. Michele's father, Pietro Ferrero, founded Ferrero in 1946. Michele transformed his father's small confectionery operation into one of the largest chocolate companies in the world. While Michele was known for his perfectionist work ethic, Maria Franca served as his closest confidante. Michele and Maria Franca’s partnership played a significant role in building the Ferrero Group. Ferrero's success came from brands like Nutella, Kinder, Tic Tac, and Ferrero Rocher. Michele passed away in February 2015.

Key Business Strategies

Maria Franca was involved in the Ferrero Group and significantly contributed to its success. She constantly managed the institutional relations of the Ferrero Group with all major political, economic, and social counterparts. The Ferreros built their company on a foundation of strong employee loyalty and Catholic social values.

Philanthropy

Maria Franca Fissolo has been involved in philanthropic endeavors. She supports cultural, educational, and health-related initiatives in Italy, particularly those benefiting the elderly and local communities in the Piedmont region through the Fondazione Ferrero, established by her husband in 1983.

Career Timeline

2024

Knight of the Grand Cross in the Order of Merit of the Italian Republic

Made a Knight of the Grand Cross in the Order of Merit of the Italian Republic.

2016

NIAF Special Achievement Award in Philanthropy

Received the National Italian American Foundation (NIAF) award for her commitment to philanthropy.

2015

Inherited Stake in Ferrero Group

Inherited part of the Ferrero Group after Michele Ferrero's death.

1983-Present

President of the Piera, Pietro, and Giovanni Ferrero Foundation

President of the foundation, providing support for employees and their families.

1960s-2015

Active role in Ferrero Group

Worked side by side with her husband over the decades, managing institutional relations.

1962

Married Michele Ferrero

Married Michele Ferrero, who later built the Ferrero Group into one of the world's leading sweets companies.

Philanthropic Impact

PhilanthropyUndisclosed

Ferrero Foundation

Supports cultural, educational, and health-related initiatives in Italy, particularly those benefiting the elderly and local communities in the Piedmont region.

Wealth Trajectory