Giovanni Ferrero is the heir of the Italian Ferrero empire. Since 2011, Giovanni Ferrero leads the family company. With an estimated net worth over $36Bn, he belongs to the richest Italians. Ferrero was launched in 1946 in Alba, Italy, and realizes yearly revenues over €12.7Bn per year today. The company offers different confectionery products, for example the well-known Kinder products. Our research team investigates in this article if there is a Ferrero family office, which would belong to the largest family offices in Europe.
Fedesa S.A.M: The Monaco-based Ferrero family office
The Ferrero fortune is managed through Monaco-based Fedesa S.A.M, which employs dozens of finance professionals. Furthermore, Giovanni Ferrero invests through Brussels-based CTH Invests in private equity acquisitions of cookie manufacturers. The firm was launched in 2016 and owns brands such as Delare or Ferrara. The Ferrero-financed firms plans further investments. Furthermore, Ferrero invests in agriculture and alternative investments through Luxembourg-based Teseo Capital.
Picture source: Ari Duthil
This article directly stems from the research process for our European single family office database. Our list of European single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables.