Scrooges on the Stock Exchange, Del Vecchio’s Heirs Lead the Way: Here Are the Richest Italians

John

By John

Leonardo Del Vecchio’s heirs confirm their position at the top of the list of the stock market’s richest mendrawn up as usual by MF-Milano Finanza, as well as in second place the couple Miuccia Prada-Patrizio Bertelli, while the Agnelli-Elkann-Nasi dynasty climbs to third place from fourth place last year. But all three top seeds, notes the newspaper on newsstands today, are traveling millionaires.

Leonardo Del Vecchio’s heirs are first with 39.4 billion (up 21% from 32.5 billion last year) thanks above all to their 32.5% stake in the French Essilorluxottica. Miuccia Prada and Patrizio Bertelli count on a fortune of 13.9 billion (up 0.9 billion compared to 2023, up 6%), linked to the high fashion company of the same name listed in Hong Kong, while Agnelli-Elkann-Nasi (10.5 billion, +5% compared to last year) regain the podium thanks to the share value of Exor, listed in Amsterdam.

To find the first listed company in Italy you have to get to fourth place where you find the brothers Gianfelice and Paolo Rocca who with the controlling stake in Tenaris have a wealth of 9.2 billion (-11.4%). Overall, excluding the top three positions, the aggregate wealth of Italian Scrooges fell by 6% on an annual basis, compared to a 9% growth of the Ftse Mib. This was affected by delistings, such as that of Tod’s. In the ranking of the richest, Piero Ferrari is in fifth place with over eight billion (+37.1%) thanks to the performance on the stock exchange of Ferrari, which is the most capitalized company on Piazza Affari. The Benettons then gained two positions (5.6 billion), rising to sixth place thanks to significant stakes in listed companies such as Generali, Mediobanca and Cellnex.

Seventh place for Francesco Gaetano Caltagirone (5.4 billion), whose share wealth grew by 34%. Closing the top 10, all three down compared to last year, are Luca Garavoglia of Campari (5.1 billion), Andrea Iervolino of Ilbe and Tatatu (4.3 billion) and Franco Stevanato of the pharmaceutical group of the same name (4.1 billion). Thirteenth are the Berlusconi heirs with 3.4 billion, up 20.2% thanks to their stakes in Mondadori, Mfe and Mediolanum. But the highest share wealth is that of the Italian State, which went from 63.3 to 64.4 billion. An increase (+1.5%) lower than the performance recorded by the Ftse Mib, but which must also take into account the disposals (reduced ownership stakes in Mps and Eni) made by the Ministry of Economy, led by Giancarlo Giorgetti. Among foreign investors, BlackRock, which is the world’s largest asset management company, has exceeded 17 billion, consolidating its first position after overtaking Norwegian sovereign fund Norges Bank last year.