Billionaire Profile
Romano Minozzi
Global Rank
#1322

Image: Bernardo Minozzi | Public domain | via Wikimedia Commons

Romano Minozzi

CEO, Utilities
ITALY
Real-Time Net Worth
$3.158B
Estimated based on Utilities stock value as of March 6, 2026
+1.26% (24h)
Age
90
Source
Utilities, diversified
Industry
Diversified
Citizenship
ITALY

Biography

Romano Minozzi, born in 1935, is an Italian billionaire businessman and the founder and president of Iris Ceramica Group. With a net worth of $1.8 billion, Minozzi's wealth stems from his strategic investments, primarily in the energy sector and his ceramic company, Iris Ceramica, a global leader in the design and production of ceramic tiles. Minozzi’s career began after earning an economics degree from the University of Bologna. He started his career at a bank in Modena. He later founded Iris Ceramica in 1961, transforming it into a multinational company with a significant global presence. Beyond his ceramic business, Minozzi has demonstrated a keen interest in the stock market and has made considerable investments in key Italian companies, including Snam and Eni. He has also served on the board of Ferrari. Minozzi has been recognized for his entrepreneurial achievements, including the EY Entrepreneur of the Year Innovation Award in 2017.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Romano Minozzi was born in Castelnuovo Rangone, Italy, in 1935. He graduated with a degree in Economics and Commerce from the University of Bologna. His early career began in the banking sector in Modena, where he cultivated an interest in the stock market. This initial experience laid the groundwork for his future investment strategies.

Rise to Success

In 1961, Minozzi took a significant step by acquiring a small, struggling ceramics company, which he later renamed Iris Ceramica. Leveraging his entrepreneurial acumen, Minozzi expanded Iris Ceramica, transforming it into a global enterprise. He strategically acquired the GranitiFiandre brand in 1987 and established production facilities in multiple countries, including the United States and Germany. Minozzi’s focus on quality, innovation, and expansion has been pivotal to his success.

Key Business Strategies

Minozzi’s business strategy includes a blend of operational excellence and strategic investments. He focused on expanding Iris Ceramica's international presence and made strategic investments in the energy sector. His holdings in Snam and Eni, two major Italian energy companies, highlight his foresight and understanding of market dynamics. His investments in key Italian companies like Ferrari have also demonstrated a knack for recognizing value and potential.

Philanthropy

Details regarding Minozzi's philanthropy are unavailable, but his company, Snam, has made a $22 million donation to the Italian healthcare system and nonprofits to combat COVID-19. Also, he was awarded the “Innovation 2000” prize from the International Academy of Ceramics and the “2017 Innovation Award” at the 21st EY Entrepreneur of the Year awards.

Career Milestones

1961

Founded Iris Ceramica

Founded Iris Ceramica, a ceramics company that would become a multinational leader.

1987

Acquired GranitiFiandre

Purchased Castellarano Fiandre Ceramiche S.p.A, which became GranitiFiandre.

2010

Investment in Terna

Acquired a 4.2% stake in Terna, selling it later for a profit.

2016

Investment in Snam

Acquired a 3% stake in Snam, becoming a significant shareholder.

2017

CEO of Iris Ceramica

Federica Minozzi, his daughter, becomes CEO of Iris Ceramica Group.

2020

Forbes Billionaire

Listed on Forbes' World's Billionaires list.

2025

Significant shareholder of Eni

Acquired a 3.095% stake in Eni.

Philanthropy & Social Impact

Healthcare

COVID-19 Relief

$22M

Snam, in which Minozzi is a shareholder, donated to the Italian healthcare system and nonprofits to combat COVID-19.

Business Philosophy & Leadership

Notable Quotes

"“I'm a ceramics industrialist, I bake earth,” Minozzi told Corriere della Sera. “In finance you have to be detached, but ceramics is a heavy industry. You have to put your heart into it.”"

Leadership Principles

Innovation

Continuously exploring new ways to expand the confines of ceramics through innovation in materials, colors, and advanced technologies.

Strategic Investment

Making informed investments in key Italian companies, including those in the energy sector, and focusing on companies with growth potential.

Sustainability

Making sustainability a key to the company's competitiveness.