Billionaire Profile

Global Rank

#1852

Image: Public domain | via Wikimedia Commons

Nerio Alessandri

CEO, Technogym

Real-Time Net Worth

$2.1B

As of December 2025

Age

Source

Gym equipment

Industry

manufacturing

Citizenship

Biography

Nerio Alessandri, born in 1961, is an Italian entrepreneur and the visionary behind Technogym, a global leader in fitness and wellness solutions. Starting from his garage in 1983, Alessandri revolutionized the fitness industry by focusing on design, technology, and the concept of 'Wellness' – a lifestyle centered around physical activity, healthy diet, and a positive mindset. His journey from designing exercise equipment to establishing a multinational corporation showcases his entrepreneurial spirit and dedication to promoting a healthier world. Alessandri's net worth is estimated at $2.1 billion, a testament to his success and influence in the industry. His career has been marked by innovation and a commitment to wellness, making him a prominent figure in the global business landscape. He has written several books on the concept of wellness. His source of wealth is gym equipment.

Wealth Over Time

Portfolio Holdings

Technogym

In-Depth Profile

Early Life

Nerio Alessandri was born on April 8, 1961, in Gatteo, Italy. Growing up, he developed a passion for sports and a healthy lifestyle. After studying industrial design, Alessandri's entrepreneurial journey began at the age of 22.

Rise to Success

In 1983, Alessandri founded Technogym, initially building exercise equipment in his garage. He designed the Isotonic Line in 1984, the first Technogym training line for gyms. In 1986, he created Unica, a hi-tech home trainer. A pivotal moment came in 1988 when he patented the CPR system, a scientific algorithm for constant pulse/heart rate training. In 1993, Alessandri defined the 'Wellness' concept.

Key Business Strategies

Technogym's success is rooted in several key strategies. Alessandri took the company public on the Milan Stock Exchange in 2016. Technogym has been the official supplier to eight Olympic Games. In 2024, Technogym's revenue was $972 million. Nerio Alessandri's leadership propelled Technogym to global leadership in the fitness and wellness sector.

Philanthropy

Nerio Alessandri established the Wellness Foundation in 2003, a non-profit organization that promotes a wellness lifestyle.

Career Milestones

1983

Founded Technogym

Founded Technogym at age 22, building exercise equipment in his home garage.

1984

Designed Isotonic Line

Designed the first Technogym training line for gyms.

1986

Created Unica

Created Unica, the first hi-tech design home trainer.

1988

Patented CPR System

Patented the CPR system, a scientific algorithm for constant pulse/heart rate training.

1993

Defined Wellness Concept

Defined the concept of Wellness, a lifestyle centered on regular physical activity, balanced diet, and a positive outlook.

2001

Cavaliere del Lavoro

Nominated “Cavaliere del Lavoro” (Knight of Industry).

2003

Italian Entrepreneur of the Year

Named Italian "Entrepreneur of the Year 2003".

2003

Wellness Foundation Established

Established the Wellness Foundation.

2016

Technogym IPO

Took Technogym public on the Milan Stock Exchange.

2023

ISPA Visionary Award

Received the ISPA Visionary Award for contributions to the wellness lifestyle.

Philanthropy & Social Impact

Health and Wellness

Wellness Foundation

Undisclosed

Supports scientific research, health education, and promotes the Wellness Lifestyle.

Business Philosophy & Leadership

Notable Quotes

""We have said, 'No more,'” [selling shares]. “We have the control of Technogym, and we have diversification at the same time.""

Leadership Principles

Wellness Lifestyle

Promoting a lifestyle based on regular physical exercise, a healthy diet, and a positive mental attitude.

Innovation

Continuously innovating to create better and easier-to-use equipment.

Vision

To spread the wellness lifestyle worldwide.