Piero Ferrari Net Worth and Stake in Ferrari
Piero Ferrari is an Italian billionaire and the second son of Enzo Ferrari. He holds a direct stake in Ferrari N.V., the company listed on the NYSE under ticker RACE. His net worth is estimated by Forbes at around $3 billion, based on his shareholding and dividends from Ferrari N.V. Forbes profile.
Ferrari N.V. is the holding company that controls the Ferrari road car and racing operations. Piero Ferrari's stake originates from shares inherited from his father and later expanded through company performance. The company went public in 2015, and Piero Ferrari remains one of the largest individual shareholders.
Leadership Role and Corporate Positions
Piero Ferrari serves as a member of the board of directors of Ferrari N.V. He also holds honorary and advisory roles linked to the Ferrari brand and legacy. His formal title is Vice Chairman of Ferrari N.V., a position that gives him influence over major strategic decisions.
Board and Governance
The board of Ferrari N.V. oversees executive appointments, capital allocation, and long-term strategy. Piero Ferrari's seat on the board gives the Ferrari family continued representation in governance. His role is non-executive, focused on oversight rather than daily management.
Honorary Chairman and Legacy Role
Piero Ferrari holds the title of Honorary Chairman of Ferrari S.p.A., the original Italian company founded by his father. This role is symbolic and connects him to the brand's heritage. He represents the family's historical link to the company in public and institutional settings.
Business Interests Beyond Ferrari
Outside Ferrari, Piero Ferrari has investments in real estate and other Italian businesses. He has also been involved in philanthropic activities linked to education and healthcare in Italy. His business interests are managed with a low public profile compared to his brother.
Family Structure and Shareholding
Piero Ferrari's brother is Alfredo Ferrari, who died in 1956. Piero is the only surviving son of Enzo Ferrari. The Ferrari family's total stake in Ferrari N.V. is held through a mix of direct ownership and holding structures. Piero's personal shareholding is a core part of that family stake.
Recent Financial Context
Ferrari N.V. has delivered strong revenue growth in recent periods, driven by high-margin models and limited production. Piero Ferrari benefits from dividends and capital gains tied to this performance. The company continues to expand its SUV lineup and hybrid technology under the leadership of CEO Benedetto Vigna.