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Billionaire Profile
Ugo Gussalli Beretta & family
Global Rank
#1471

Ugo Gussalli Beretta & family

CEO, Firearms
Brescia, Italy
Real-Time Net Worth
$2.89B
Estimated based on Firearms stock value as of September 10, 2026
0% (24h)
Age
88
Source
Firearms
Industry
Manufacturing
Citizenship
Italy

Biography

Ugo Gussalli Beretta, at 88 years old, leads the Beretta family, the world's oldest firearms manufacturer, founded in Italy in 1526. The Beretta family is the 14th generation to lead the company. With an estimated net worth of $2.9 billion, the Beretta family's wealth stems from the firearms industry. Throughout his career, Ugo has overseen the expansion of the company. His leadership and strategic decisions have been instrumental in the company's global growth and success, particularly in the U.S. market.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$2.89B
2025$2.90B
2024$2.90B

Portfolio Holdings

Beretta Holding

Beretta Holding

manufacturing
$2.20B
Holdings Value
Ownership
100%
Revenue
$1.70B
Luxembourg
3,000+ employees
Founded 1526

In-Depth Profile

Early Life

Ugo Gussalli Beretta was born on November 21, 1937. He is the 14th generation of the Beretta family to lead the company, tracing its origins back to 1526. The Beretta family's story began with Bartolomeo Beretta, a master gun-barrel maker who received an order from the Republic of Venice in 1526.

Rise to Success

Ugo Gussalli Beretta joined the family business and played a key role in its growth. Under his leadership, the firm expanded into the U.S. market in 1978 and secured a significant contract to provide handguns to the U.S. Army in 1985. This pivotal moment propelled Beretta's popularity and expanded its presence in the law enforcement and commercial markets. Ugo stepped down from executive positions in 2015 but remains on the board of Beretta Holding.

Key Business Strategies

Ugo Gussalli Beretta has implemented key strategies to secure the long-term success of the family business. Key strategies include expanding into the U.S. market, winning contracts with military and law enforcement agencies, and continuous product innovation.

Philanthropy

Ugo Gussalli Beretta's family is also involved in philanthropy. Monique Beretta, Ugo's wife, supports breast cancer research and treatment through the Beretta Foundation.

Career Milestones

1978

Expansion into the U.S. Market

Ugo Gussalli Beretta oversaw the company's expansion into the U.S. market.

1985

U.S. Army Contract

Beretta won a contract to provide handguns to the U.S. Army, boosting the company's profile.

1995

Beretta Holding Established

Ugo helped establish Beretta Holding in Luxembourg.

2015

Stepped down from Executive Positions

Ugo stepped down from executive positions.

Philanthropy & Social Impact

Healthcare

Beretta Foundation

Undisclosed

Supports breast cancer research and treatment.

Education and Sports

Cav. Ugo Gussalli Beretta Skeet Scholarship

Undisclosed

Scholarship awarded to top athlete in American Skeet.

Billionaires Connected to Ugo Gussalli Beretta & family

Peers in Manufacturing

All Manufacturing billionaires

Richest in Italy

All billionaires from Italy

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Ugo Gussalli Beretta & family's net worth in 2026?
As of 2026, Ugo Gussalli Beretta & family's estimated net worth is $2.889 billion, ranking #1471 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Ugo Gussalli Beretta & family make their money?
Ugo Gussalli Beretta & family's wealth primarily comes from Firearms, most notably through Firearms.
Where is Ugo Gussalli Beretta & family from?
Ugo Gussalli Beretta & family is from Italy.
How old is Ugo Gussalli Beretta & family?
Ugo Gussalli Beretta & family is 88 years old.