BillionaireNet
family
P
Rank #459
ITALYAutomotiveAutomobiles

Piero Ferrari & family

Net Worth
$7.773B
+1.77% (24h)
Piero Ferrari, born in Modena, Italy, on May 22, 1945, is the son of Enzo Ferrari, the founder of Ferrari S.p.A. As the vice chairman and a 10.48% owner of Ferrari, his influence in the automotive world is significant. His net worth, estimated at $10.2 billion as of February 2025, reflects his success in the automotive industry. His career began with informal work at Ferrari as an English translator and eventually progressed to technical supervisor and supervisor of road car production. Piero's involvement extends beyond Ferrari; he holds a stake in the Ferretti Group. He actively supports philanthropic endeavors, contributing to the Centro Dino Ferrari, a research center focused on neurodegenerative and muscular diseases. Piero's life embodies a deep connection to the Ferrari legacy and a commitment to philanthropy.

The Full Dossier

Early Life

Piero Lardi Ferrari, later known as Piero Ferrari, was born on May 22, 1945, in Modena, Italy. He is the son of Enzo Ferrari and Lina Lardi. He grew up in Modena, developing a passion for mechanics from a young age. He obtained a high school diploma in mechanics in 1964. His early life was marked by his father's significant role in the automotive world, providing Piero with an early exposure to the industry.

Rise to Success

Piero's career within Ferrari began informally in 1969 as an English translator for his father. He later officially joined the company, serving as a technical supervisor in the early 1970s. He worked in the Formula One team as a co-organizer in the mid-1970s, gaining experience in the operational dynamics of the factory. By the mid-1980s, he became the supervisor of the production of road cars, playing a role in the development of iconic models such as the Ferrari F40, Ferrari F50, and LaFerrari.

Key Business Strategies

Piero inherited his father's 10% share of Ferrari and the Fiorano Circuit in 1988 upon Enzo's death, becoming the sole heir. In 1989, he was nominated vice chairman. His key business strategy included maintaining the brand's racing heritage, overseeing the production of luxury sports cars, and expanding the global reach of Ferrari. He also invested in the Ferretti Group.

Philanthropy

Piero Ferrari is actively involved in philanthropic endeavors. He supports the Centro Dino Ferrari, a research center at the University of Milan focused on neurodegenerative and muscular diseases. This initiative reflects his commitment to his father's legacy and the pursuit of scientific research to combat diseases.

Career Timeline

1989

Vice Chairman of Ferrari

Nominated as Vice Chairman of Ferrari.

1988

Inherited Ferrari Stake

Inherited his father's 10% share of Ferrari and the Fiorano Circuit.

Mid-1980s

Supervisor of Road Car Production

Became supervisor of the production of road cars.

Mid-1970s

Formula One Co-organizer

Worked in the Formula One team as a co-organizer.

Early 1970s

Technical Supervisor

Hired as a technical supervisor.

1969

English Translator

Began working for Ferrari as an English translator.

Philanthropic Impact

Medical ResearchUndisclosed

Centro Dino Ferrari

Supports research for neurodegenerative and muscular diseases.

Wealth Trajectory