People · #42 of 100 Net worths as of Sep 24, 2026
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#42 of 100 · Luxury & retail

Giovanni Ferrero

Nutella, Chocolates
Net worth
$47.1B
Forbes Real-Time · as of Sep 24, 2026
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Latest moves

No moves from Giovanni Ferrero in the digest yet. The archive grows every morning.

Recent SEC filings

This person doesn't file with the SEC.

Footprint

Companies

Ferrero Group (parent: Ferrero International S.A., Luxembourg; Italian holding Ferrero S.p.A., Alba)Executive Chairman · majority owner (exact % not… · as of 2025
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Role
Executive Chairman (CEO until 2017); majority owner. FY2024/25 (to Aug 31, 2025) turnover EUR19.3bn (+4.6%), 48,697 employees, 36 plants, ~EUR1.1bn capex
Stake
majority owner (exact % not disclosed)
Stake as of
2025
source ↗
WK Kellogg Co (Corn Flakes, Froot Loops, Rice Krispies in North America)KLG (delisted) · NYSE (delisted Sept 2025) · Wholly owned indirect subsidiary of… · 100% · as of Sep 2025
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Ticker
KLG (delisted)
Exchange
NYSE (delisted Sept 2025)
Role
Wholly owned indirect subsidiary of Ferrero International S.A. since Sept 26, 2025
Stake
100% (Ferrero International)
Stake as of
2025-09-26
source ↗
Ferrara Candy Company (Chicago; Butterfinger, Crunch, Nerds, Jelly Belly, Trolli, SweeTARTS etc.)Ferrero-affiliated company · 100%
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Role
Ferrero-affiliated company; bought Dec 2017 via Pontiac Holdco Inc., US subsidiary of the Ferrero family's Belgian holding CTH Invest
Stake
100% (family group)
source ↗
Wells Enterprises (Blue Bunny, Halo Top, Bomb Pop ice cream)Acquired by Ferrero Group · 100% · as of 2023
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Role
Acquired by Ferrero Group (announced Dec 7, 2022; completed 2023)
Stake
100%
Stake as of
2023
source ↗
Other Ferrero-affiliated companies: Nonni's, Fox's & Burton's Biscuits, Fine Biscuits Company, Michel et Augustin; brands incl. Keebler, Famous Amos, Fannie May, ThorntonsFamily-controlled Ferrero affiliates
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Role
Family-controlled Ferrero affiliates (per Ferrero Sept 2025 release)
source ↗

Investment vehicles

Ferrero International S.A.holding co
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Type
holding co
Notes
Luxembourg public limited company; group parent and reporting entity; acquirer of WK Kellogg. No EDGAR entity CIK found.
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CTH Invest S.A.holding co
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Type
holding co
Notes
Belgian holding company (Brussels region, founded Aug 3, 2016, capital ~EUR4.75bn); Giovanni Ferrero is a director. Described by Italian press as a 'parallel Ferrero' holding the affiliated businesses (e.g. Fine Biscuits Company; via FFH Holding/Pontiac Holdco, Ferrara).
source ↗
FFH Holding S.A.holding co
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Type
holding co
Notes
Belgian holding (founded Oct 18, 2017, capital ~EUR3.3bn) used for acquisitions outside Europe; parent of Pontiac Holdco Inc. (US)
source ↗

Private deals

Ferrero International acquired WK Kellogg Co for $23.00/share cash (~$1.99bn equity; ~$3.1bn per Forbes); agreed July…Sep 2025
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In full
Ferrero International acquired WK Kellogg Co for $23.00/share cash (~$1.99bn equity; ~$3.1bn per Forbes); agreed July 10, 2025, closed Sept 26, 2025; bridge financing from HSBC
Date
2025-09-26
source ↗
Ferrara's European holding completed purchase of CPK Group (Carambar, Lutti, Krema, Poulain, Terry's) from Eurazeo…Oct 2025
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In full
Ferrara's European holding completed purchase of CPK Group (Carambar, Lutti, Krema, Poulain, Terry's) from Eurazeo, ~EUR240m proceeds to Eurazeo
Date
2025-10-31
source ↗
Ferrero announced acquisition of breakfast/granola brand Purely Elizabeth for a reported $850m (Inc. report)Aug 2026
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Power Crunch (high-protein bars) acquired during FY2024/252024/25
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Legal & regulatory

European Commission unannounced antitrust inspections of Ferrero (April 2026) in two EU member states over possible…
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In full
European Commission unannounced antitrust inspections of Ferrero (April 2026) in two EU member states over possible market segmentation / restrictions on cross-border trade and multi-country purchases (Art. 101/102 TFEU); inspections do not imply guilt
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2022 Kinder Surprise salmonella outbreak investigated by EFSA/ECDC, linked to Ferrero's Arlon (Belgium) plant (as of…
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In full
2022 Kinder Surprise salmonella outbreak investigated by EFSA/ECDC, linked to Ferrero's Arlon (Belgium) plant (as of 2022)
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Giving

Fondazione Piera, Pietro e Giovanni Ferrero (Ferrero Foundation, Alba; est. 1983, recognized 1991; culture and support for retired long-serving employees)
source ↗

Research gaps: Exact ownership percentages and the full family holding chain (Ferrero International shareholders; Italian-press references to Fedesa, Gmbf Investments, Teseo Capital, Hadrian Finco) could not be confirmed in primary sources, so only CTH Invest and FFH Holding (Belgian registry) are listed. Purely Elizabeth price comes from an Inc. report cited on Wikipedia; Inc. and the Ferrero newsroom could not be fetched. No reliable reports found on Giovanni Ferrero's real estate, trophies, aircraft or personal stakes outside the group. No SEC CIK for him or for Ferrero entities. Web search budget ran out, limiting coverage.

What to watch

EU Commission antitrust probe into Ferrero's cross-border trade restrictions - possible formal proceedings
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Closing of Purely Elizabeth acquisition (announced Aug 2026)
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Integration of WK Kellogg Co under Ferrero North America; FY2025/26 (year ended Aug 31, 2026) results - last year's…likely early 2027
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In full
Integration of WK Kellogg Co under Ferrero North America; FY2025/26 (year ended Aug 31, 2026) results - last year's were published Feb 2026
When
likely early 2027
source ↗