Entrepreneur of the week : Michele Ferrero

Based on poll result that which was recently conducted to choosing this site Entrepreneur of the week, the CEO of Italian Chocolate Ferrero group  Michele Ferrero has been named the Entrepreneur of the week for the first time

image of michael ferrero

                                                        photo credit – forbes

According to Forbes, Michele Ferrero was ranked as the 23rd Billionaire in the world and the number one richest man in the Italy. Michele Ferrero Net Worth according to forbes is $20.4B and he earn more money through the Chocolate industry, production plants and other affiliate companies.

Michele Ferrero, 86, is the patriarch of Italian chocolate dynasty Ferrero Group. He inherited the company from his father Pietro in the 1950s and turned it into one of the world’s largest confectionery makers, whose brands include Ferrero Rocher hazelnut chocolates, Nutella and Tic Tac. It operates more than 70 affiliated companies, has 15 production plants and and employs nearly 22,000 people worldwide. Michele Ferrero’s son Pietro died in 2011, leaving his surviving son, Giovanni, as the sole CEO of the group

Michele Ferrero has contributed greatly to the Chocolate industry, youth and the world generally and he needs to be celebrated as one of the world successful Entrepreneur of our time. Thanks for reading.

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