Billionaire Profile
Antonio Percassi
Global Rank
#2845

Image: Ago76 | CC BY-SA 3.0 | via Wikimedia Commons

Antonio Percassi

CEO, Real estate
ITALY
Real-Time Net Worth
$1.35B
Estimated based on Real estate stock value as of April 20, 2026
0% (24h)
Age
72
Source
Real estate, diversified
Industry
Diversified
Citizenship
ITALY

Biography

Antonio Percassi, born in 1953, is an Italian entrepreneur and real estate magnate, renowned for his significant contributions to the retail and real estate sectors. With a current net worth of $1.3 billion, Percassi's wealth stems from his diversified investments, primarily in real estate and retail brands. He is the founder of Kiko Milano, a successful cosmetics brand, and has brought several international brands, such as Zara and Starbucks, to the Italian market. His career highlights include his role as the president of Atalanta B.C., a Serie A football club. Percassi is also known for his family's involvement in his various businesses, ensuring a legacy in his home city of Bergamo. His entrepreneurial spirit has been recognized with awards and an honorary degree, underscoring his impact on the local economy and community.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Antonio Percassi was born on June 9, 1953, in Clusone, Italy, as the youngest of six children. He came from a modest family background, with his father working as a building contractor. This environment instilled in him a strong work ethic and entrepreneurial spirit from a young age.

Rise to Success

Percassi began his career in professional football at age 17, playing for Atalanta. After a brief but notable football career, he transitioned into the business world, entering the retail sector. He started managing stores for the Benetton fashion brand, which led to a long-term collaboration. Percassi founded the Percassi Group in 1977 and later founded Kiko Milano in 1997, a cosmetics brand that experienced rapid international expansion. Additionally, he spearheaded bringing brands like Zara and Starbucks to Italy, which increased his profile.

Key Business Strategies

Percassi's business strategy has been centered on the inter-development of retail and real estate. This approach led to the creation of successful ventures like the Orio Center Shopping Center and the Franciacorta Outlet Village. A key focus has been on building strong partnerships with international brands and expanding his business through franchising. Family involvement is another crucial aspect of the Percassi Group, with his children actively participating in the management of various companies, ensuring continuity.

Philanthropy

Antonio Percassi established the Antonio Percassi Family Foundation in 2013 to support initiatives that enhance the Bergamo region, focusing on those in economic and social disadvantage, particularly children. The foundation is heavily involved in promoting culture, education, and health initiatives in Bergamo.

Career Milestones

1970

Football Debut

Debutted for Atalanta's first team in Serie B.

1977

Founded Percassi Group

Established the Percassi Group, initially focusing on retail development and franchising.

1997

Founded Kiko Milano

Launched Kiko Milano, a cosmetics brand that rapidly expanded internationally.

2001

Zara in Italy

Brought Zara to Italy through a joint venture.

2010

President of Atalanta B.C.

Returned as the president of Atalanta B.C.

2018

Starbucks in Milan

Opened the first Starbucks store in Milan.

2024

Sold Majority Stake in Kiko Milano

Sold a majority stake in Kiko Milano.

Philanthropy & Social Impact

Community Development

The Antonio Percassi Family Foundation

Undisclosed

Supports initiatives to enhance the Bergamo region.

Cultural Preservation

Crespi d'Adda

Undisclosed

Acquired the historic Crespi d'Adda industrial complex to preserve it.

Youth Development

Progetto Neonati Atalantini

Undisclosed

Investing in youth academies and community initiatives.

Business Philosophy & Leadership

Leadership Principles

Ethical Entrepreneurship

Focus on ethical practices and community reinvestment.

Community Reinvestment

Return value to the communities that support his business ventures.

Work-Life Balance

Fostering work-life balance within his organizations.