Billionaire Profile
John Elkann
Global Rank
#1439

Image: Public domain | via Wikimedia Commons

John Elkann

CEO, Stellantis
IT
Real-Time Net Worth
$2.8B
As of December 2025
Age
49
Source
FIAT, investments
Industry
finance-investments
Citizenship
IT

Biography

John Elkann, born in New York City on April 1, 1976, is an Italian industrialist and the scion of the Agnelli family, a prominent Italian business dynasty. With a net worth estimated at $2.8 billion, Elkann's wealth stems from his investments and his leadership roles in companies like Stellantis and Exor. He holds a degree in management engineering from the Polytechnic University of Turin. His career began with positions at General Electric and later within the Fiat Group. He played a key role in the merger that created Stellantis, one of the world's largest automakers. Elkann's leadership has been marked by a focus on innovation, luxury, and strategic global expansion, while maintaining the legacy of the family's business interests. He is married to Donna Lavinia Borromeo and has three children.

Wealth Over Time

In-Depth Profile

Early Life

John Elkann was born in New York City on April 1, 1976. He is the son of Alain Elkann and Margherita Agnelli. His early life involved schooling in the United Kingdom, Brazil, and France. He is fluent in four languages: Italian, English, French, and Portuguese. He obtained a baccalauréat scientifique from the Lycée Victor-Duruy in Paris in 1994.

Rise to Success

In 1997, Elkann was chosen as the heir to his grandfather, Gianni Agnelli. He graduated from the Polytechnic University of Turin with a degree in management engineering in 2000. Elkann started his career in 2001 at General Electric. In 2003, he joined Fiat Group and played a key role in its transformation. He contributed to the merger between Fiat Chrysler and the PSA Group, creating Stellantis in 2021, which is now one of the largest car manufacturers globally. Elkann was appointed chairman of Ferrari in July 2018 and briefly served as CEO from 2020 to 2021.

Key Business Strategies

Elkann's business strategies have focused on expanding the global presence of the companies under his leadership, particularly Stellantis and Ferrari. He has been involved in strategic decision-making, including major mergers and acquisitions. His focus has been on innovation, luxury, and the preservation of the iconic legacy of the brands within the Agnelli family's portfolio. He also founded Lingotto, a long-term investment management company, in 2023.

Philanthropy

Elkann is involved in philanthropy through the Agnelli Foundation, which focuses on education and research, and also supports emergency aid initiatives.

Career Milestones

2000

Graduated from Polytechnic University of Turin

Obtained a degree in Management Engineering.

2001

Joined General Electric

Started career with the Corporate Audit Staff.

2003

Joined Fiat Group

Contributed to the transformation of the company.

2004

Became Vice-Chairman of Fiat

Played a key role in the appointment of Sergio Marchionne as Fiat Chrysler Automobiles (FCA) CEO.

2018

Chairman of Ferrari

Appointed as Chairman of Ferrari.

2021

Oversaw FCA and PSA merger

Led the merger that created Stellantis.

2021

Chairman of Stellantis

Became Chairman of Stellantis.

2023

Founded Lingotto

Founded a long-term investment management company.

Philanthropy & Social Impact

Education and Research

Agnelli Foundation

Undisclosed

Supports education and research.

Controversies & Challenges

2024

Tax Fraud Probe

In September 2024, Elkann, along with family members, was targeted in a €75 million tax fraud probe.