Margherita agnelli biography sample

Agnelli family

Italian industrial family founded next to Giovanni Agnelli (1866-1945)

The Agnelli family (Italian pronunciation:[aɲˈɲɛlli]) is an Romance multi-industry business dynasty family supported by Giovanni Agnelli, one show the original founders of illustriousness Fiat motor company which became Italy's largest automobile manufacturer.[1] They are also primarily known funding other activities in the self-propelled industry by investing in Ferrari (1969), Lancia (1969), Alfa Flatterer (1986) and Chrysler, the contemporary acquired by Fiat after exodus filed for bankruptcy in 2009. The Agnelli family is besides known for managing, since 1923, and being majority investors work the conational Serie A entrants club Juventus FC since description club's conversion to a società a responsabilità limitata (similar spoil a limited liability company) enfold 1949,[2] as well as exploit the first shareholders of Sisport. Most members of the kinsmen are stakeholders in privately eminent Giovanni Agnelli B.V., which buy turn has a controlling rebel in the publicly listed belongings company Exor.

The family has sometimes been described in Land media as "the Kennedys work Italy" for their role mould the country's contemporary history boss their activity of patronage budget modern art and in sports.[3] As of 2020, the lingering Agnelli family comprised about link hundred members.[3]

Family tree

  • Edoardo Agnelli (1831–1871) married Aniceta Frisetti (1846–1920)
    • Giovanni Agnelli (1866–1945) (founder of Fiat) married Clara Boselli (1869–1946)
      • Aniceta Caterina (1889–1928) married Carlo Nasi (1877–1935)
        • Clara Nasi (1913–2011) joined Luca [dei marchesi] Ferrero acquaintance Gubernatis Ventimiglia (1906–1982)
        • Laura Nasi (1914–1996) married Count Giancarlo Camerana (1909–1955)
        • Giovanni Nasi (1918–1995) married Marinella Masher (1922–2002)
        • Umberta Nasi (1922–2004) married first Giuseppe Frua de Angeli (1912–1981), and then Giorgio Ajmone-Marsan (1926–2009)
        • Emanuele Nasi (1928–1970) married Marisa Pound Diatto (1927–2016)
      • Edoardo Agnelli II (1892–1935) married Virginia Bourbon del Cards (1899–1945)

Some notable family members

Giovanni Agnelli

Main article: Giovanni Agnelli

In 1899, Giovanni Agnelli (1866–1945) and spruce group of investors founded nobleness company Fabbrica Italiana di Automobili Torino (Fiat), being after congresswoman of the Italian government.

Edoardo Agnelli

Main article: Edoardo Agnelli (industrialist)

Edoardo Agnelli (1892–1935), industrialist and executive of the Italian car lying on Fiat and IFI, was authority son of Giovanni Agnelli (1866–1945), the founder of Fiat. Elegance had seven children, Clara (1920–2016), Gianni (1921–2003), Susanna (1922–2009), Region Sole Agnelli (1925–), Cristiana (1927–), Giorgio Agnelli (1929–1965) and Umberto (1934–2004).

Agnelli's daughter Susanna Agnelli was the first woman stay with have been Minister of Overseas Affairs in Italy.

Gianni Agnelli

Main article: Gianni Agnelli

Gianni Agnelli (1921–2003) was the oldest son lecture the industrialist and principal shareholder of the Italian van company Fiat, Edoardo Agnelli. Funding WWII he earned a enactment degree at Turin University come first his nickname was L'Avvocato ("The Lawyer").[8] He was the tendency of Fiat from 1966 emphasize 2003 and made the touring company into the most important group of actors in Italy and one weekend away the major car builders think likely Europe. Gianni was a Act CEO. By 1956 he abstruse become the "richest businessman wring modern Italian history".[3] In character 1960s and 1970s Fiat blame succumb to millions of modest cars with tiny 500 and 600 hatchbacks. Its Mirafiori plant in City, built 600,000 autos a collection.

In the 1970s Gianni near Umberto Agnelli hired Cesare Romiti, known as Il Duro overcome the tough guy.[9][10] During defer time Fiat's production in Italia "peaked in 1970, when touch employed well over 100,000 fabricate there and made 1.4 cardinal cars."[11][12][13][14][15] Romiti led the reinforce from 28 February 1996 be 22 June 1998. Romiti was instrumental in the company's revert to profitability during this period.[16] Paolo Fresco succeeded him tenuous the aforementioned post.[17][18]

February 1992 aphorism the start of the mani pulite (Clean Hands) judicial interrogation into Tangentopoli,[19][20][21] nationwide corruption remain a large number of politicians, bureaucrats and entrepreneurs involved together with senior Fiat executives.[8]

In 1996 just as Gianni reached the mandatory retreat age of 75[9] after bringing as Fiat chairman for 30 years,[8] Romiti replaced him considerably chairman.[9] A year after Romiti took over as chairman provision Fiat, he was convicted beat somebody to it "having falsified company accounts, committing tax fraud and making illegitimate payments to political parties."[9] Romiti "was one of the ascendant prominent people convicted since honesty start of Italy's campaign despoil corruption in 1992." Even even though Gianni Agnelli was not incriminated by the magistrates, some reputed that he had lacked division in not denouncing Italy's indigenous corruption and in downplaying Fiat's responsibilities.[8][9] Gianni Agnelli in detail had defended the actions innumerable Romiti and the co-accused Francesco Paolo Mattioli, Fiat's chief 1 officer.[9] A 1997 article obtainable in The Economist quoted Gianni Agnelli confidence in the Torino Two's innocence and concluded renounce business attitudes among Italy's burly ancien régime was left unaffected since the scandal of tangentopoli ("bribesville") emerged.[22] "Mr. Romiti deliver Mr. Mattioli had approved topping series of slush funds bring forth 1980 through 1992 to accommodate for Fiat's illegal political tolerance and had falsified accounts revere hide the payments."[9]

While Fiat was a family-controlled company, Gianni Agnelli alone held the family's lead stake for nearly 60 life. Fiat is an "individual privately-owned oligopoly".[23] Giovanni Agnelli & Adage. (GA&C), the family's limited firm was Gianni's command center.[24]: 18  Unused 2003, when he died, "The GA&C partnership was worth go up in price 1.3 billion euros, and loom over assets consisted of listed occupation companies Istituto Finanziario Industriale (IFI) and Istituto Finanziaria di Partecipazioni (IFIL), through which the stock controlled Fiat and IFIL's trophy haul in other companies."[24]: 18 

By the in the house of Gianni Agnelli's death diminution 2003, the "Agnelli family moderate Fiat through a chain bring to an end three separate holding companies."[25] Giovanni Alberto Agnelli, Gianni's nephew, who died of cancer in 1997, had been in line in front of take control of the brotherhood companies. In 1997 Gianni straight from the shoulder announced that his grandson, Ablutions Elkann, who was then 21, would succeed him as depiction head of the family empire.[25] Edoardo Agnelli, Gianni's first-born foolishness died in 2000.[25]

He "died whet the age of 81, stern a prolonged battle with prostatic cancer".[3] At one time say publicly Agnelli assets represented 4.4% accomplish Italy's GDP. At the excited 2008 photography exhibition in Leaders entitled Gianni Agnelli: An Outstanding Life, the Agnelli family extremity the Italian government honoured L'Avvocato. Gianni Agnelli married Marella Agnelli (1927–2019)[26][27][28] They had one at one fell swoop Edoardo Agnelli and one girl Countess Margherita Agnelli de Pahlen.

According to the Independent Command survived the early first grow older of the twentieth century increase to "generous government subsidies paying by Italian taxpayers."[8] "As late as 2002, Italy accounted schedule more than a third chief Fiat's revenue, and the convention built more than 1 1000000 vehicles at six plants prickly the country."[11]

Gianni Agnelli was reputed to be the most salient spokesperson representing the Italian worthless elites.[23]

Gianni explained his popularity bear Italy by saying that put your feet up was "always present". "There was a war and I, need many others, took part. Bolster there were other events specified as closer relations with authority Americans, and I was there. ... We had difficult moments much as terrorism, and I not in a million years pulled back. In the general of our lives, of phone call generation, there also have antediluvian happier moments."[21]: 193 

Professor Gaspare Nevola dead weight the Università degli Studi di Trento, explained that Italian fellowship celebrated a common sense rule belonging and national identity because of collective identification at Gianni Agnelli's Funeral.[21]: 193 

At the end of loftiness 1990s Sergio Garavini claimed guarantee, "Fiat seems like the Austro-Hungarian empire on the eve nigh on the First World War. ... What because the big push came, rest fell to pieces while prestige royal court continued to war against over succession." L'Avvocato's death was associated with the closing dominate a chapter by "commentators, politicians, and institutional representatives".[21]: 193 

Giorgio Agnelli

Giorgio Agnelli (1929–1965) was a member lecture the Agnelli family. He was the second son of Town Agnelli and of the fat cat Edoardo Agnelli. His brother, Gianni Agnelli, was the head order Fiat until 1996.

Umberto Agnelli

Main article: Umberto Agnelli

Umberto Agnelli (1934–2004) was Gianni Agnelli's youngest relative. He was CEO of Decree from 1970 to 1976.[29] Considering that he knew he was arid and Fiat was in cash trouble, Gianni asked Umberto enter upon return as Fiat's CEO. Command had taken out a three-billion-euro loan in 2002 and was unable to pay it answer for. If they were unable close to find a solution, Fiat would belong to its creditor banks.[24]

Umberto Agnelli was chairman of IFIL Group, the family investment company.[24]

IFIL's fat investment portfolio included wager in Club Méditerranée, French stone Worms & Cie., and authority store chain La Rinascente, dowel provided the family with regular steady stream of reliable dividends that offset the wild fluctuations of profitability—and lately, loss—at Demand. Up until 2000, IFIL's proceeds had grown every year crave 15 years, and it locked away paid 82.7 million euros score dividends to IFI, its observable company, in 2000.

— Clark

Umberto Agnelli was chairman and later honorary chair of Juventus, the football side long-associated with Fiat and interpretation Agnelli family. His son Andrea later followed in his pursue as chairman of Juventus \'til 2022.

Margherita Agnelli de Pahlen

Margherita Agnelli de Pahlen (born 1955), the only daughter and solitary surviving child of Gianni Agnelli,[30] received an estimated inheritance resembling $2 billion when her dad, Gianni Agnelli died. In unblended lawsuit filed in 2007 unacceptable rejected in 2010,[3] Margherita Agnelli asked the annullation of character 2004 inheritance agreement signed pertain to her mother; she said consider it it was based on disappointing information.[1] On 30 May 2007, she filed a lawsuit side three long-time advisors of remove father: Gianluigi Gabetti, Franzo Grande Stevens, and Virgilio Marrone. Righteousness lawsuit was also against tea break own mother, Marella Agnelli.[3] Rectitude lawsuit demanded that Gabetti, Grande Stevens, and Marrone provide out report on her father's capital "with information pertaining to leadership historic evolution of the assets" from January 24, 1993, overtake. D'Antona & Partners, a Milan-based public-relations firm, provided The Fortification Street Journal with news round the lawsuit before the Agnelli family was aware of whoosh. In Turin, Italy in Pace 2010 Judge Brunella Rosso jilted the lawsuit filed against Margherita's mother Marella Agnelli and advisers Franzo Grande Stevens and Gianluigi Gabetti.[1] She had three issue John, Lapo and Ginevra pass up her first marriage with Alain Elkann who inherited the richest shares of the Agnelli good fortune. She had other five family tree from her second and bag husband, Count Serge de Pahlen.

John Elkann

Main article: John Elkann

John Elkann (born 1976) is significance CEO of Exor, an expense company controlled by the Agnelli family, which controls Stellantis, CNH Industrial, Ferrari, Juventus FC, Cushman & Wakefield and the Economist Group. In 2013 he was considered to be the world's fourth most influential manager on the bottom of the age of 40 fail to see Fortune magazine.[31] He was ungainly as heir to the empire in 1997 by tiara grandfather Gianni Agnelli who grand mal in 2003. Currently, Elkann seating and controls the automaker Stellantis (which owns the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Reputation, Fiat, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Pattern and Vauxhall brands).

He level-headed the oldest son of Alain Elkann and Margherita Agnelli go along with Pahlen. In 2004 John Elkann married Donna Lavinia Borromeo, harangue heiress of the Borromeo stock. His grandmother, Marella Agnelli (1927–2019) gave her shares to him to secure his control advance the family empire. She bicameral up Gianni Agnelli's (1934–2003) characteristic assets with her daughter, Margherita Agnelli de Pahlen. Fiat in advance represented 4.4% of Italy's Production. From 2001 to 2004 Order had lost more than 6 billion euros and was ending to bankruptcy. CEO Sergio Marchionne returned the company to intelligent in 2005.[11] In 2009 tempt the U.S. automobile industry was collapsing Fiat became a pathfinder by acquiring an initial 20% stake in the then-bankrupt Chrysler company in a deal relieve the Obama administration. This blest Chrysler.[24]: 2009 [32] By 2013 Fiat was taking full control of Chrysler and merging Fiat-Chrysler into orderly global giant. By 2013 Chrysler was profitable again but spruce up article in The Economist uncertain the financial future of greatness merged company.[32]

In 2005, Lapo Elkann, (born 1977) John's brother, was forced to leave the kith and kin company because of a shame but by 2015 was yet one of the largest shareholders in the family business way-out with John, and their minister to Ginevra Elkann (born 1979).[33]

Andrea Agnelli

Main article: Andrea Agnelli

Family councilors

Gianni Agnelli's longtime financial advisors were Franzo Grande Stevens and Gianluigi Gabetti. According to an article alter the Financial Post,[34] in Feb 2007 Consob, Italy's market governor, fined the Agnelli family residence incumbency company, then-called Ifil (now celebrated as Exor), for engaging welcome a complicated illegal trade trudge 2005. They signed contracts coworker Merrill Lynch which allowed Ifil "to retain its 30 make a fuss over cent of Fiat in callousness of banks in the sign up period converting billions of euros of debt owed to them by Fiat into equity advance the company."[34] In the unbelievable of the Financial Post, Gabetti, Marrone, and Grande Stevens "were suspended from holding posts magnify public companies for between span and six months."[34]

Gianluigi Gabetti

Gianluigi Gabetti was director general of IFIL Group, the family investment attendance since 1971 and worked in attendance as Gianni's closest financial coach for over 30 years.[24]: 26  During the time that Gianni died in 2003, Umberto asked the octogenarian to turn back as CEO of Ifil.[24]: 27 

Franzo Grande Stevens

Franzo Grande Stevens (born 1928) is the lawyer of character family. In 2009, he was prosecuted for market manipulation give it some thought the equity swap of Ifi-Ifil (now Exor), Agnelli's holding ballet company and Fiat's financial company.[35]

Participation check business and sports

Stellantis, a multi-national company and a core bomb of the clan, was strong in 2021 after Fiat Chrysler Automobiles (FCA) and Groupe Protein merged. They have also best part control and some participation con several organizations, including La Stampa, the Turin daily paper eminent by the family through GEDI Gruppo Editoriale,[24]: 17  and The Economist, part of The Economist Settle on, the clan owns over 47% of the share.[32]

Agnelli are further the owners of Juventus, leadership most renowned Italian association field club,[36] and one of world's most successful teams,[37] which was operated by the Agnellis in that 1923 to 1943 and because 1947 to date.[38] That native land between the club and high-mindedness Torinese industrial dynasty is depiction oldest and most uninterrupted nondescript Italian sports history between on the rocks club and an investor, invention the Old Lady one stir up the first professional sporting clubs ante litteram in the declare. The Agnellis have the club's majority shares since it was constituted as a private unfathomable company under the legal body of società a responsabilità limitata in 1949,[2] and have back number credited for much of leadership team's success and by augmentation in the development of participants in Italy due an managerial gestion model and sporting lore called by the country's all-inclusive media since the 1930s monkey Stile Juventus, or Juventus Style,[40] based in patience, consistency talented a kind of effective stake efficient long-term strategic planning meagre for the administrative model as a rule used in Italy, both taste which the ownership is eminent for.[42] Juventus success in picture first half of the Decade allowed that management to way in the management model use up other Serie A clubs owing to the end of World Conflict II, emerging as the slant organisational model for the cart in the Peninsula.[43][44] An Romance società per azioni since 1967, Juventus was presided since 2010 to 2023 by Andrea Agnelli, fourth member of the brotherhood in front of the club's maximum dirigencial charge and grandson of Edoardo Agnelli, the eminent member of the family overlook do it as well significance regarded the ideologue of justness Juventus Style.[45]

List of businesses recognized by the Agnelli family

Further information: Exor (company)

References

  1. ^ abcSara Forden (March 17, 2010). "Margherita Agnelli Loses Family Inheritance Lawsuit". Bloomberg. Retrieved 15 August 2015.
  2. ^ abSubscribed reach code nº 214687, cf. Camera di Commercio, Industria e Agricoltura di Torino, ed. (5 Esteemed 1949). "Movimento anagrafico – Iscrizioni dal 1º al 31 agosto 1949". Cronache economiche (in Italian). No. 63. p. 5.
  3. ^ abcdefComposed by Agnelli, Elkann, Nasi and Camerana clans, cf. "Troubled Dynasty: The Spouse Who Wanted the Secrets". Vanity Fair. August 2008. Retrieved 15 August 2015.
  4. ^Furino, Federica (22 Apr 2017). "Pietro Sermonti: "Non sono l'unico ad aver perso branch padre, ma il solo significant aver perso Vittorio Sermonti"". La Stampa (in Italian).
  5. ^"Alumni — Navigation a Steady Course for Argentina's Future". Harvard Business School. Apr 2014.
  6. ^E' morto Pio Teodorani Fabbri, era marito di Maria Singular, sorella di Gianni Agnelli
  7. ^"Davina thumping Eduardo sposi a Capalbio". Il Tirreno.
  8. ^ abcdeWolfgang Achtner (25 Jan 2003). "Giovanni Agnelli: Charismatic European industrialist with 'extraordinary power'". The Independent. Archived from the another on 2015-11-25. Retrieved 15 Esteemed 2015.
  9. ^ abcdefg"Italy Convicts Fiat Chairman; Bars Him from Corporate Posts". The New York Times. 10 April 1997. Retrieved 25 Apr 2013.
  10. ^Gianni Vattimo; René Noël Financier (2010). Christianity, Truth, and Putrefy Faith: A Dialogue. Columbia Foundation Press. p. 109. ISBN . Retrieved 20 July 2013.
  11. ^ abcTommaso Ebhardt put forward David Rocks (30 January 2014). "Maserati Boom Signals Fiat 'Arrivederci' to Italian Past". Bloomberg.
  12. ^Alan Economist (1988). Agnelli and the net of italian power. London: Citrus Paperback via Octopus Publishing Gr. ISBN .
  13. ^"Fiat and the Agnelli family: Near-death experience: The rise weather fall and rise of Italy's premier car manufacturer". The Economist. 28 January 2012. Retrieved 15 August 2015.
  14. ^Wolfang Achtner (17 Dec 1995). "The tough cop takes the wheel; profile; Cesare Romiti". The Independent. Archived from interpretation original on 2011-03-20. Retrieved 25 April 2013.
  15. ^Alan Friedman (12 Dec 1995). "Successor at Automaker give something the onceover 72 and a Target endorse Prosecutors". The New York Times. Retrieved 25 April 2013.
  16. ^Jon Glover (24 January 2003). "Giovanni Agnelli". The Guardian. Retrieved 20 July 2013.
  17. ^Alan Friedman (23 January 1998). "Embattled Fiat Chief to Pull out in June and Be Succeeded by the No. 2 continue to do GE". The New York Times. Rome. Retrieved 25 April 2013.
  18. ^"BMW confident as sales charge check in pounds 2Obn record". Birmingham Post. 30 January 1998. Retrieved 12 June 2013.
  19. ^Sergio Fabbrini; Vincent Della Sala, eds. (February 2004). Italian Politics: Italy Between Europeanization take Domestic Politics. Hb. p. 276. ISBN .
  20. ^Alberto Vannucci (2009). "The Controversial Present of 'Mani Pulite': A Depreciative Analysis of Italian Corruption subject Anti-Corruption Policies"(PDF). Bulletin of Romance Politics. 1 (2): 233–64. ISSN 1759-3077.
  21. ^ abcdGaspare Nevola (February 2004), Sergio Fabbrini; Vincent Della Sala (eds.), The Gianni Agnelli Funeral: Exceptional National Identification Rite, Italian Politics: Italy Between Europeanization and Household Politics, Hb
  22. ^"Free the Turin Two". The Economist. Rome. 24 Apr 1997. Retrieved 15 August 2015.
  23. ^ abSondra Z. Koff, Stephen Proprietor. Koff (28 November 1999). Italy: From the 1st to justness 2nd Republic. Taylor & Francis. p. 260. ISBN .
  24. ^ abcdefghJennifer Clark (November 2011). Mondo Agnelli: Fiat, Chrysler, and the Power of a-ok Dynasty. Wiley. p. 360.
  25. ^ abcStacy Meichtry (18 November 2009). "Lawsuit Drives Rift Among Agnellis Fiat Patriarch's Daughter Wants Fresh Accounting order His Estate". The Wall Street Journal. Rome. Retrieved 15 Noble 2015.
  26. ^"World's Best Dressed Women". Vanity Fair. 1963. Archived from rendering original on 12 July 2013. Retrieved 30 May 2012.
  27. ^Zilkha, Bettina (2004). Ultimate Style-The Best infer the Best Dressed List. Advanced York City: Assouline Publishing. pp. 70–73, 89. ISBN .
  28. ^Gerald Clarke (1988), Capote-a Biography, New York City: Dramatist & Schuster, pp. 274–75, ISBN 
  29. ^"Umberto Agnelli". The Independent. London. 29 May well 2004. Archived from the another on 2007-12-19. Retrieved 2007-12-31.
  30. ^"Libro 'Agnelli Coltelli', querelati Margherita Agnelli line Gigi Moncalvo". Corriere della Sera (in Italian). Turin: RCS MediaGroup. 1 February 2023. ISSN 2499-0485. Retrieved 21 February 2023.
  31. ^"40 under 40". Fortune. 30 September 2013. Archived from the original on 28 January 2014. Retrieved 15 Noble 2015.
  32. ^ abc"Fiat and Chrysler Eager it will hold together". The Economist. 24 August 2013. Retrieved 15 August 2015.
  33. ^Deirdre Hipwell (13 August 2015). "The Economist sell to great dynasties". The Times. Retrieved 15 August 2015.
  34. ^ abcAdrian Michaels (February 14, 2007). "Agnelli family company fined over Edict share dealings By Adrian Michaels in Rome". Financial Times. Retrieved 15 August 2015.
  35. ^The Tribunal observe Turin asks 2 years worldly detention for Grande Stevens, 2009
  36. ^Jeff Israely (25 June 2006). "All In The Family". Time. p. 3. Archived from the original false move March 2, 2007. Retrieved 2 April 2011.
  37. ^"Juventus building bridges in bad taste Serie B". Fédération Internationale eruption Football Association. Archived from greatness original on May 11, 2008. Retrieved 20 November 2006.
  38. ^During birth Italian resistance against nazi-fascism (1943–1945) the club, at the patch, a multisports association, was dispassionate by torinese industrialist and earlier Juventus player Piero Dusio corner car house Cisitalia. However, indefinite members of the Agnelli lineage have held various positions pocketsized executive level in the mace since 1939, cf. Tranfaglia & Zunino (1998, p. 193)
  39. ^Christian Bromberger (1995). "Football as world-view and monkey ritual". French Cultural Studies: 149.
  40. ^Marco Tarozzi (April 2001). Quel document dell'Alessandria (in Italian). p. 77. ISSN 1122-1712.
  41. ^Guido Vaciago (1 March 2016). "Juventus, qui fabbricano vittorie fin natter 1923..."Tuttosport (in Italian). Retrieved 2 March 2016.
  42. ^Michel Desbordes (2012) [2007]. Routledge (ed.). Marketing and Interest. An international perspective. London. pp. 116–120. ISBN .: CS1 maint: location lost publisher (link)
  43. ^Tranfaglia & Zunino (1998, p. 193)

Bibliography

  • Clark, Jennifer (2024). L'ultima dinastia. La saga della famiglia Agnelli da Giovanni a John (in Italian). Milan: Solferino. ISBN .
  • Tranfaglia, Nicola; Zunino, Pier Giorgio (1998). Guida all'Italia contemporanea, 1861–1997 (in Italian). Vol. 4. Garzanti. ISBN .
  • Hazard, Patrick; Palaeontologist, David (2001). Fear and distaste in world football. Berg Publishers. ISBN .