Name: Giovanni Ferrero
Nationality: Italian
Date of Birth: February 21, 1964
Occupation: Executive Chairman of the Ferrero Group
Net Worth: Giovanni Ferrero has been recognized as one of the wealthiest individuals in Italy, with an estimated net worth of over $30 billion.

Background and Early Ventures: Giovanni Ferrero is the son of Michele Ferrero, the founder of the Ferrero Group. He joined the family business in the 1980s and held various roles within the company before assuming the position of executive chairman.

Ferrero Group: The Ferrero Group is a global confectionery company known for its popular brands such as Ferrero Rocher, Nutella, Kinder, and Tic Tac. Under Giovanni Ferrero's leadership, the company has expanded its product portfolio, entered new markets, and achieved significant growth.

Innovation and Brand Expansion: Giovanni Ferrero has driven innovation within the Ferrero Group, introducing new product lines and expanding the company's presence beyond chocolates and confectioneries. Ferrero has ventured into other categories such as spreads, biscuits, and drinks.

Global Expansion: Ferrero products are sold in over 170 countries, and the company has production facilities and subsidiaries worldwide. Giovanni Ferrero has played a crucial role in expanding the company's global footprint and strengthening its market presence.

Sustainability Initiatives: Giovanni Ferrero has demonstrated a commitment to sustainability within the Ferrero Group. The company has implemented various initiatives to reduce its environmental impact, promote responsible sourcing, and support local communities.

Private and Low-Profile: Giovanni Ferrero generally maintains a low public profile and focuses on leading the Ferrero Group. He is known for prioritizing the company's long-term growth and preserving its family-oriented values.