Billionaire Profile
Piero Ferrari & family
Global Rank
#426

Image: Public domain | via Wikimedia Commons

Piero Ferrari & family

CEO, Ferrari S.p.A.
IT
Real-Time Net Worth
$8.1B
As of December 2025
Age
80
Source
Automobiles
Industry
automotive
Citizenship
IT

Biography

Piero Ferrari, the only living son of Enzo Ferrari, is an Italian billionaire businessman and a prominent figure in the automotive industry. Born on May 22, 1945, he currently serves as the Vice Chairman of Ferrari, holding a significant 10% ownership stake. His wealth, estimated at $8.1 billion as of 2024, stems primarily from his involvement with Ferrari and a stake in the Ferretti Group. He started working for Ferrari in 1969 as an English translator and climbed the ranks, becoming a technical supervisor and later overseeing road car production. His career has been marked by his deep understanding of the company's operations and his commitment to preserving the legacy of his father, Enzo Ferrari, who founded the iconic brand.

Wealth Over Time

In-Depth Profile

Early Life

Piero Lardi Ferrari, born in Modena, Italy, in 1945, is the son of Enzo Ferrari and Lina Lardi. Growing up in Modena, he developed a keen interest in mechanics. He earned a high school diploma in mechanics in 1964. He also has a half-brother, Dino Ferrari, who died at the age of 24.

Rise to Success

Piero began his career at Ferrari in 1969 as an English translator for his father, Enzo Ferrari. He quickly progressed, becoming a technical supervisor and later a co-organizer for the Formula One team. In the mid-1980s, he took on the role of supervisor for road car production, contributing to the development of iconic models like the Ferrari F40, Ferrari F50, and LaFerrari. After Enzo Ferrari's death in 1988, Piero inherited his father's 10% share in the company and the Fiorano Circuit. In 1989, he was appointed Vice Chairman.

Key Business Strategies

Piero Ferrari has played a vital role in the strategic decisions of Ferrari. His deep understanding of the company's operations, coupled with his dedication to preserving his father's legacy, has been critical to the brand's enduring success. He has focused on upholding the quality, performance, and exclusivity that define Ferrari, ensuring its continued appeal to enthusiasts. Furthermore, Piero has expanded his influence in the luxury yacht industry by becoming a shareholder in the Ferretti Group, with brands like Riva and Pershing. Piero also founded HPE COXA, an engineering services company.

Philanthropy

Piero Ferrari is committed to philanthropy, actively supporting the Centro Dino Ferrari, a research center for neurodegenerative and muscular diseases at the University of Milan. The center was founded in memory of his half-brother, Dino Ferrari. He also supports the Ferrari Museum in Maranello, which showcases road and race cars.

Career Milestones

1969

English Translator at Ferrari

Began working for Ferrari as an English translator.

Early 1970s

Technical Supervisor at Ferrari

Hired as a technical supervisor.

Mid-1970s

Formula One Co-organizer

Worked in the Formula One team as a co-organizer.

Mid-1980s

Supervisor of Road Car Production

Became supervisor of the production of road cars at Ferrari.

1988

Inherited Ferrari Stake

Inherited his father's 10% share of Ferrari and the Fiorano Circuit.

1989

Vice Chairman of Ferrari

Nominated as vice chairman of Ferrari.

1998

Founded HPE COXA

Founded HPE COXA, a high-end engineering services company.

2016

Shareholder of Ferretti Group

Entered the Ferretti Group with a 13.2% shareholding.

Philanthropy & Social Impact

Medical Research

Centro Dino Ferrari

$X

Supports research in neurodegenerative and muscular diseases at the University of Milan.

Business Philosophy & Leadership

Notable Quotes

"My father said Ferrari's history is a story to be told. And that story will be handed down forever, thanks to historical publications and limited editions like these."