Loader
Advertisement

Confectionery king and Nutella billionaire Michele Ferrero dies at 89

Confectionery king and Nutella billionaire Michele Ferrero dies at 89
Copyright 
By Euronews
Published on
Share Comments Add Euronews on Google
Share Close Button

Michele Ferrero, Italy’s richest man and the owner of a global chocolate and confectionery empire, has died aged 89. He dreamt up a host of tasty

Michele Ferrero, Italy’s richest man and the owner of a global chocolate and confectionery empire, has died aged 89.

ADVERTISEMENT
ADVERTISEMENT

He dreamt up a host of tasty goodies from Tic Tac sweets to Kinder eggs, not to mention the hugely popular Nutella chocolate-hazelnut spread.

The billionaire, who turned a provincial factory into what is widely seen as Italy’s most valuable privately-owned company, died at home in Monaco after months of illness, the group said in a statement.

Italian President Sergio Mattarella said he was deeply touched by Ferrero’s death, calling him a “born entrepreneur”.

Go to accessibility shortcuts
Share Comments Add Euronews on Google

Read more

Po river choked by algae bloom as Italy battles heat and navigability woes

Italy: melting ice statues protest heatwave conditions in Rome

Water cannons cool tourists at Rome's Colosseum amid heatwave