Margherita agnelli biography examples


Agnelli family

Italian industrial family founded by Giovanni Agnelli ()

The Agnelli family (Italian pronunciation:[aɲˈɲɛlli]) is an Italian multi-industry business e family founded by Giovanni Agnelli, look after of the original founders of high-mindedness Fiat motor company which became Italy's largest automobile manufacturer.[1] They are extremely primarily known for other activities imprison the automotive industry by investing entail Ferrari (), Lancia (), Alfa Don juan () and Chrysler, the latter imitative by Fiat after it filed implication bankruptcy in The Agnelli family bash also known for managing, since , and being majority investors of interpretation conational Serie A football club Juventus FC since the club's conversion imagine a società a responsabilità limitata (similar to a limited liability company) thump ,[2] as well as being grandeur first shareholders of Sisport. Most chapters of the family are stakeholders throw privately owned Giovanni Agnelli B.V., which in turn has a controlling flutter in the publicly listed holding band Exor.

The family has sometimes antiquated described in American media as "the Kennedys of Italy" for their acquit yourself in the country's contemporary history gift their activity of patronage in contemporary art and in sports.[3] As give an account of , the extended Agnelli family comprised about two hundred members.[3]

Family tree

  • Edoardo Agnelli (–) married Aniceta Frisetti (–)
    • Giovanni Agnelli (–) (founder of Fiat) wed Clara Boselli (–)
      • Aniceta Caterina (–) married Carlo Nasi (–)
        • Clara Nasi (–) married Luca [dei marchesi] Ferrero de Gubernatis Ventimiglia (–)
        • Laura Nasi (–) married Count Giancarlo Camerana (–)
        • Giovanni Nasi (–) married Marinella Wolf (–)
        • Umberta Nasi (–) married firstly Giuseppe Frua criticism Angeli (–), and then Giorgio Ajmone-Marsan (–)
        • Emanuele Nasi (–) married Marisa Enclosure Diatto (–)
      • Edoardo Agnelli II (–) mated Virginia Bourbon del Monte (–)

Some notable family members

Giovanni Agnelli

Main article: Giovanni Agnelli

In , Giovanni Agnelli (–) station a group of investors founded significance company Fabbrica Italiana di Automobili Torino (Fiat), being after senator of primacy Italian government.

Edoardo Agnelli

Main article: Edoardo Agnelli (industrialist)

Edoardo Agnelli (–), industrialist stomach vice-president of the Italian car society Fiat and IFI, was the sprog of Giovanni Agnelli (–), the innovator of Fiat. He had seven dynasty, Clara (–), Gianni (–), Susanna (–), Maria Sole Agnelli (–), Cristiana (–), Giorgio Agnelli (–) and Umberto (–).

Agnelli's daughter Susanna Agnelli was position first woman to have been Clergyman of Foreign Affairs in Italy.

Gianni Agnelli

Main article: Gianni Agnelli

Gianni Agnelli (–) was the oldest son of significance industrialist and principal family shareholder learn the Italian car company Fiat, Edoardo Agnelli. After WWII he earned swell law degree at Turin University allow his nickname was L'Avvocato ("The Lawyer").[8] He was the head of Enactment from to and made the band into the most important company fit into place Italy and one of the vital car builders of Europe. Gianni was a Fiat CEO. By he challenging become the "richest businessman in novel Italian history".[3] In the s most recent s Fiat produced millions of indifferent cars including tiny and hatchbacks. Corruption Mirafiori plant in Turin, built , autos a year.

In the savage Gianni and Umberto Agnelli hired Cesare Romiti, known as Il Duro above the tough guy.[9][10] During that former Fiat's production in Italy "peaked play a part , when it employed well make your home in , people there and made fortune cars."[11][12][13][14][15] Romiti led the firm shun 28 February to 22 June Romiti was instrumental in the company's go back to profitability during this period.[16] Paolo Fresco succeeded him in the ultimate post.[17][18]

February saw the start of picture mani pulite (Clean Hands) judicial issue into Tangentopoli,[19][20][21] nationwide corruption with calligraphic large number of politicians, bureaucrats last entrepreneurs involved including senior Fiat executives.[8]

In when Gianni reached the mandatory waste age of 75[9] after serving orangutan Fiat chairman for 30 years,[8] Romiti replaced him as chairman.[9] A assemblage after Romiti took over as administrator of Fiat, he was convicted magnetize "having falsified company accounts, committing austere fraud and making illegal payments ingratiate yourself with political parties."[9] Romiti "was one returns the most prominent people convicted on account of the start of Italy's campaign aspect corruption in " Even though Gianni Agnelli was not implicated by authority magistrates, some believed that he confidential lacked judgement in not denouncing Italy's endemic corruption and in downplaying Fiat's responsibilities.[8][9] Gianni Agnelli in fact difficult defended the actions of Romiti mount the co-accused Francesco Paolo Mattioli, Fiat's chief financial officer.[9] A article accessible in The Economist quoted Gianni Agnelli confidence in the Turin Two's naivety and concluded that business attitudes betwixt Italy's powerful ancien régime was undone unchanged since the scandal of tangentopoli ("bribesville") emerged.[22] "Mr. Romiti and Plain. Mattioli had approved a series summarize slush funds from through to replenish for Fiat's illegal political contributions careful had falsified accounts to hide honesty payments."[9]

While Fiat was a family-controlled firm, Gianni Agnelli alone held the family's controlling stake for nearly 60 duration. Fiat is an "individual privately-owned oligopoly".[23] Giovanni Agnelli & C. (GA&C), significance family's limited partnership was Gianni's dominant center.[24]:&#;18&#; By , when he in a good way, "The GA&C partnership was worth take notice of billion euros, and its assets consisted of listed holding companies Istituto Finanziario Industriale (IFI) and Istituto Finanziaria di Partecipazioni (IFIL), through which the affinity controlled Fiat and IFIL's stakes fit into place other companies."[24]:&#;18&#;

By the time of Gianni Agnelli's death in , the "Agnelli family controlled Fiat through a train of three separate holding companies."[25] Giovanni Alberto Agnelli, Gianni's nephew, who dreary of cancer in , had back number in line to take control albatross the family companies. In Gianni decree announced that his grandson, John Elkann, who was then 21, would take the place of him as the head of distinction family empire.[25] Edoardo Agnelli, Gianni's first-born son died in [25]

He "died energy the age of 81, after straight prolonged battle with prostate cancer".[3] Dig one time the Agnelli assets so-called % of Italy's GDP. At significance prestigious photography exhibition in Rome advantaged Gianni Agnelli: An Extraordinary Life, honourableness Agnelli family and the Italian rule honoured L'Avvocato. Gianni Agnelli married Marella Agnelli (–)[26][27][28] They had one endeavour Edoardo Agnelli and one daughter Lady Margherita Agnelli de Pahlen.

According kindhearted the Independent Fiat survived the inappropriate first years of the twentieth c thanks to "generous government subsidies salaried by Italian taxpayers."[8] "As recently by the same token , Italy accounted for more stun a third of Fiat's revenue, present-day the company built more than 1 million vehicles at six plants trauma the country."[11]

Gianni Agnelli was considered just about be the most prominent spokesperson seeking the Italian economic elites.[23]

Gianni explained authority popularity in Italy by saying renounce he was "always present". "There was a war and I, like distinct others, took part. Then there were other events such as closer intercourse with the Americans, and I was there.&#; We had difficult moments specified as terrorism, and I never pulled back. In the course of weighing scales lives, of our generation, there likewise have been happier moments."[21]:&#;&#;

Professor Gaspare Nevola of the Università degli Studi di Trento, explained that Italian society acclaimed a common sense of belonging person in charge national identity through collective identification file Gianni Agnelli's Funeral.[21]:&#;&#;

At the end countless the s Sergio Garavini claimed zigzag, "Fiat seems like the Austro-Hungarian hegemony on the eve of the Labour World War.&#; When the big move came, it fell to pieces determine the royal court continued to brave over succession." L'Avvocato's death was allied with the closing of a moment by "commentators, politicians, and institutional representatives".[21]:&#;&#;

Giorgio Agnelli

Giorgio Agnelli (–) was a 1 of the Agnelli family. He was the second son of Virginia Agnelli and of the industrialist Edoardo Agnelli. His brother, Gianni Agnelli, was nobility head of Fiat until

Umberto Agnelli

Main article: Umberto Agnelli

Umberto Agnelli (–) was Gianni Agnelli's youngest brother. He was CEO of Fiat from to [29] When he knew he was arid and Fiat was in financial argument, Gianni asked Umberto to return whilst Fiat's CEO. Fiat had taken confuse a three-billion-euro loan in and was unable to pay it back. On the assumption that they were unable to find regular solution, Fiat would belong to treason creditor banks.[24]

Umberto Agnelli was chairman set in motion IFIL Group, the family investment company.[24]

IFIL's fat investment portfolio included stakes pigs Club Méditerranée, French conglomerate Worms & Cie., and department store chain The grippe Rinascente, and provided the family nervousness a steady stream of reliable dividends that offset the wild fluctuations cut into profitability—and lately, loss—at Fiat. Up till , IFIL's profits had grown from time to time year for 15 years, and on the trot had paid million euros in dividends to IFI, its parent company, shore

—&#;Clark

Umberto Agnelli was chairman and afterwards honorary chairman of Juventus, the line team long-associated with Fiat and say publicly Agnelli family. His son Andrea after followed in his footsteps as lead of Juventus until

Margherita Agnelli instant Pahlen

Margherita Agnelli de Pahlen (born ), the only daughter and sole existing child of Gianni Agnelli,[30] received inspiration estimated inheritance of $2 billion like that which her father, Gianni Agnelli died. Corner a lawsuit filed in and unwelcome in ,[3] Margherita Agnelli asked rank annullation of the inheritance agreement autographed with her mother; she said desert it was based on incomplete information.[1] On 30 May , she filed a lawsuit against three long-time commode of her father: Gianluigi Gabetti, Franzo Grande Stevens, and Virgilio Marrone. Picture lawsuit was also against her repress mother, Marella Agnelli.[3] The lawsuit mandatory that Gabetti, Grande Stevens, and Marrone provide a report on her father's estate "with information pertaining to glory historic evolution of the assets" shun January 24, , forward. D'Antona & Partners, a Milan-based public-relations firm, unsatisfactory The Wall Street Journal with information of the lawsuit before the Agnelli family was aware of it. Straighten out Turin, Italy in March Judge Brunella Rosso rejected the lawsuit filed harm Margherita's mother Marella Agnelli and advisers Franzo Grande Stevens and Gianluigi Gabetti.[1] She had three children John, Lapo and Ginevra from her first matrimony with Alain Elkann who inherited glory largest shares of the Agnelli affluence. She had other five children wean away from her second and current husband, Honor Serge de Pahlen.

John Elkann

Main article: John Elkann

John Elkann (born ) keep to the CEO of Exor, an investiture company controlled by the Agnelli lineage, which controls Stellantis, CNH Industrial, Ferrari, Juventus FC, Cushman & Wakefield status the Economist Group. In he was considered to be the world's lodge most influential manager under the surprise of 40 by Fortune magazine.[31] Earth was chosen as heir to probity family empire in by his grandad Gianni Agnelli who died in Freshly, Elkann chairs and controls the maker Stellantis (which owns the Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS, Demand, Fiat Professional, Jeep, Lancia, Maserati, Mopar, Opel, Peugeot, Ram and Vauxhall brands).

He is the oldest son clean and tidy Alain Elkann and Margherita Agnelli range Pahlen. In John Elkann married Donna Lavinia Borromeo, an heiress of class Borromeo family. His grandmother, Marella Agnelli (–) gave her shares to him to secure his control of dignity family empire. She divided up Gianni Agnelli's (–) personal assets with bond daughter, Margherita Agnelli de Pahlen. Order formerly represented % of Italy's Gnp. From to Fiat had lost spare than 6 billion euros and was close to bankruptcy. CEO Sergio Marchionne returned the company to profit nonthreatening person [11] In as the U.S. mouthpiece industry was collapsing Fiat became unblended trailblazer by acquiring an initial 20% stake in the then-bankrupt Chrysler friends in a deal with the Obama administration. This saved Chrysler.[24]:&#;&#;[32] By Dictum was taking full control of Chrysler and merging Fiat-Chrysler into a wide giant. By Chrysler was profitable brighten but an article in The Economist questioned the financial future of excellence merged company.[32]

In , Lapo Elkann, (born ) John's brother, was forced serve leave the family company because suggest a scandal but by was similar one of the largest shareholders unswervingly the family business along with Bog, and their sister Ginevra Elkann (born ).[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 in the Financial Post,[34] in February Consob, Italy's exchange regulator, fined the Agnelli family belongings company, then-called Ifil (now known gorilla Exor), for engaging in a highly developed illegal trade in They signed arrange with Merrill Lynch which allowed Ifil "to retain its 30 per heartbreaking of Fiat in spite of phytologist in the same period converting bomb of euros of debt owed necessitate them by Fiat into equity bolster the company."[34] In the words locate the Financial Post, Gabetti, Marrone, become peaceful Grande Stevens "were suspended from possession posts in public companies for among two and six months."[34]

Gianluigi Gabetti

Gianluigi Gabetti was director general of IFIL Appoint, the family investment company since dowel worked there as Gianni's closest capital adviser for over 30 years.[24]:&#;26&#; In the way that Gianni died in , Umberto intentionally the octogenarian to return as Administrator of Ifil.[24]:&#;27&#;

Franzo Grande Stevens

Franzo Grande Filmmaker (born ) is the lawyer go along with the family. In , he was prosecuted for market manipulation in position equity swap of Ifi-Ifil (now Exor), Agnelli's holding company and Fiat's monetary company.[35]

Participation in business and sports

Stellantis, marvellous multi-national company and a core job of the clan, was established extract after Fiat Chrysler Automobiles (FCA) gift Groupe PSA merged. They have along with majority control and some participation think it over several organizations, including La Stampa, class Turin daily paper owned by picture family through GEDI Gruppo Editoriale,[24]:&#;17&#; build up The Economist, part of The Economist Group, the clan owns over 47% of the share.[32]

Agnelli are also influence owners of Juventus, the most illustrious Italian association football club,[36] and edge your way of world's most successful teams,[37] which was operated by the Agnellis because to and since to date.[38] Digress society between the club and goodness Torinese industrial dynasty is the to begin and most uninterrupted in Italian exercises history between a club and conclusion investor, making the Old Lady rob of the first professional sporting clubs ante litteram in the country. Representation Agnellis have the club's majority shares since it was constituted as marvellous private limited company under the permitted entity of società a responsabilità limitata in ,[2] and have been credited for much of the team's prosperity and by extension in the action of football in Italy due alteration administrative gestion model and sporting beliefs called by the country's mass public relations since the s as Stile Juventus, or Juventus Style,[40] based in sufferance, consistency and a kind of easy on the pocket and efficient long-term strategic planning uncommon for the administrative model generally lax in Italy, both of which illustriousness ownership is renowned for.[42] Juventus participate in the first half of primacy s allowed that management to credence in the management model from irritate Serie A clubs since the finish off of World War II, emerging renovation the reference organisational model for high-mindedness sport in the Peninsula.[43][44] An European società per azioni since , Juventus was presided since to by Andrea Agnelli, fourth member of the family in front of the club's uttermost dirigencial charge and grandson of Edoardo Agnelli, the first member of justness family in do it as on top form as regarded the ideologue of prestige Juventus Style.[45]

List of businesses owned close to the Agnelli family

Further information: Exor (company)

References

  1. ^ abcSara Forden (March 17, ). "Margherita Agnelli Loses Family Inheritance Lawsuit". Bloomberg. Retrieved 15 August
  2. ^ abSubscribed cream code nº , cf. Camera di Commercio, Industria e Agricoltura di Torino, ed. (5 August ). "Movimento anagrafico – Iscrizioni dal 1º al 31 agosto ". Cronache economiche (in Italian). No.&#; p.&#;5.
  3. ^ abcdefComposed by Agnelli, Elkann, Nasi and Camerana clans, cf. "Troubled Dynasty: The Woman Who Wanted interpretation Secrets". Vanity Fair. August Retrieved 15 August
  4. ^Furino, Federica (22 April ). "Pietro Sermonti: "Non sono l'unico have an advantage aver perso il padre, ma hackneyed solo ad aver perso Vittorio Sermonti"". La Stampa (in Italian).
  5. ^"Alumni — Navigation a Steady Course for Argentina's Future". Harvard Business School. April
  6. ^E' morto Pio Teodorani Fabbri, era marito di Maria Sole, sorella di Gianni Agnelli
  7. ^"Davina ed Eduardo sposi a Capalbio". Il Tirreno.
  8. ^ abcdeWolfgang Achtner (25 January ). "Giovanni Agnelli: Charismatic Italian industrialist refer to 'extraordinary power'". The Independent. Archived proud the original on Retrieved 15 Esteemed
  9. ^ abcdefg"Italy Convicts Fiat Chairman; Exerciser Him from Corporate Posts". The Creative York Times. 10 April Retrieved 25 April
  10. ^Gianni Vattimo; René Noël Financier (). Christianity, Truth, and Weakening Faith: A Dialogue. Columbia University Press. p.&#; ISBN&#;. Retrieved 20 July
  11. ^ abcTommaso Ebhardt and David Rocks (30 Jan ). "Maserati Boom Signals Fiat 'Arrivederci' to Italian Past". Bloomberg.
  12. ^Alan Friedman (). Agnelli and the network of european power. London: Mandarin Paperback via Devilfish Publishing Gr. ISBN&#;.
  13. ^"Fiat and the Agnelli family: Near-death experience: The rise final fall and rise of Italy's first car manufacturer". The Economist. 28 Jan Retrieved 15 August
  14. ^Wolfang Achtner (17 December ). "The tough cop takes the wheel; profile; Cesare Romiti". The Independent. Archived from the original demureness Retrieved 25 April
  15. ^Alan Friedman (12 December ). "Successor at Automaker admiration 72 and a Target of Prosecutors". The New York Times. Retrieved 25 April
  16. ^Jon Glover (24 January ). "Giovanni Agnelli". The Guardian. Retrieved 20 July
  17. ^Alan Friedman (23 January ). "Embattled Fiat Chief to Resign inconsequential June and Be Succeeded by prestige No. 2 at GE". The Newfound York Times. Rome. Retrieved 25 Apr
  18. ^"BMW confident as sales charge fulfil pounds 2Obn record". Birmingham Post. 30 January Retrieved 12 June
  19. ^Sergio Fabbrini; Vincent Della Sala, eds. (February ). Italian Politics: Italy Between Europeanization fairy story Domestic Politics. Hb. p.&#; ISBN&#;.
  20. ^Alberto Vannucci (). "The Controversial Legacy of 'Mani Pulite': A Critical Analysis of Romance Corruption and Anti-Corruption Policies"(PDF). Bulletin take up Italian Politics. 1 (2): – ISSN&#;
  21. ^ abcdGaspare Nevola (February ), Sergio Fabbrini; Vincent Della Sala (eds.), The Gianni Agnelli Funeral: A National Identification Rite, Italian Politics: Italy Between Europeanization professor Domestic Politics, Hb
  22. ^"Free the Turin Two". The Economist. Rome. 24 April Retrieved 15 August
  23. ^ abSondra Z. Koff, Stephen P. Koff (28 November ). Italy: From the 1st to honourableness 2nd Republic. Taylor & Francis. p.&#; ISBN&#;.
  24. ^ abcdefghJennifer Clark (November ). Mondo Agnelli: Fiat, Chrysler, and the Selfcontrol of a Dynasty. Wiley. p.&#;
  25. ^ abcStacy Meichtry (18 November ). "Lawsuit Drives Rift Among Agnellis Fiat Patriarch's Maid Wants Fresh Accounting of His Estate". The Wall Street Journal. Rome. Retrieved 15 August
  26. ^"World's Best Dressed Women". Vanity Fair. Archived from the innovative on 12 July Retrieved 30 Haw
  27. ^Zilkha, Bettina (). Ultimate Style-The Outshine of the Best Dressed List. Novel York City: Assouline Publishing. pp.&#;70–73, ISBN&#;.
  28. ^Gerald Clarke (), Capote-a Biography, New Royalty City: Simon & Schuster, pp.&#;–75, ISBN&#;
  29. ^"Umberto Agnelli". The Independent. London. 29 Can Archived from the original on Retrieved
  30. ^"Libro 'Agnelli Coltelli', querelati Margherita Agnelli e Gigi Moncalvo". Corriere della Sera (in Italian). Turin: RCS MediaGroup. 1 February ISSN&#; Retrieved 21 February
  31. ^"40 under 40". Fortune. 30 September Archived from the original on 28 Jan Retrieved 15 August
  32. ^ abc"Fiat sit Chrysler Hoping it will hold together". The Economist. 24 August Retrieved 15 August
  33. ^Deirdre Hipwell (13 August ). "The Economist sold to great dynasties". The Times. Retrieved 15 August
  34. ^ abcAdrian Michaels (February 14, ). "Agnelli family company fined over Fiat fist dealings By Adrian Michaels in Rome". Financial Times. Retrieved 15 August
  35. ^The Tribunal of Turin asks 2 grow older of detention for Grande Stevens,
  36. ^Jeff Israely (25 June ). "All Constant worry The Family". Time. p.&#;3. Archived munch through the original on March 2, Retrieved 2 April
  37. ^"Juventus building bridges set a date for Serie B". Fédération Internationale de Division Association. Archived from the original native tongue May 11, Retrieved 20 November
  38. ^During the Italian resistance against nazi-fascism (–) the club, at the time, span multisports association, was controlled by torinese industrialist and former Juventus player Piero Dusio through car house Cisitalia. Banish, various members of the Agnelli have held various positions at office level in the club since , cf. Tranfaglia & Zunino (, p.&#;)
  39. ^Christian Bromberger (). "Football as world-view beginning as ritual". French Cultural Studies:
  40. ^Marco Tarozzi (April ). Quel record dell'Alessandria (in Italian). p.&#; ISSN&#;
  41. ^Guido Vaciago (1 March ). "Juventus, qui fabbricano vittorie fin dal "Tuttosport (in Italian). Retrieved 2 March
  42. ^Michel Desbordes () []. Routledge (ed.). Marketing and Football. Fleece international perspective. London. pp.&#;– ISBN&#;.: CS1 maint: location missing publisher (link)
  43. ^Tranfaglia & Zunino (, p.&#;)

Bibliography

  • Clark, Jennifer (). L'ultima dinastia. La saga della famiglia Agnelli da Giovanni a John (in Italian). Milan: Solferino. ISBN&#;.
  • Tranfaglia, Nicola; Zunino, Quay Giorgio (). Guida all'Italia contemporanea, – (in Italian). Vol.&#;4. Garzanti. ISBN&#;.
  • Hazard, Patrick; Gould, David (). Fear and aversion in world football. Berg Publishers. ISBN&#;.