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Agnelli family
The Agnelli family (Italian pronunciation: [aɲˈɲɛlli]) is an Italian multi-industry business dynasty family founded by Giovanni Agnelli, one of the original founders of the Fiat motor company which became Italy's largest automobile manufacturer. They are also primarily known for other activities in the automotive industry by investing in Ferrari (1969), Lancia (1969), Alfa Romeo (1986) and Chrysler, the latter acquired by Fiat after it filed for bankruptcy in 2009. The Agnelli family is also known for managing, since 1923, and being majority investors of the conational Serie A football club Juventus FC since the club's conversion to a società a responsabilità limitata (similar to a limited liability company) in 1949, as well as being the first shareholders of Sisport. Most members of the family are stakeholders in privately-owned Giovanni Agnelli BV, which in turn has a controlling stake in the publicly listed holding company Exor.
The family has sometimes been described in American media as "the Kennedys of Italy" for their role in the country's contemporary history and their activity of patronage in modern art and in sports. As of 2020,[update] the extended Agnelli family comprised about two hundred members.
In 1899, Giovanni Agnelli (1866–1945) and a group of investors founded the company Fabbrica Italiana di Automobili Torino (Fiat).
Edoardo Agnelli (1892–1935), industrialist and vice-president of the Italian car company Fiat and IFI, was the son of Giovanni Agnelli (1866–1945), the founder of Fiat. He had seven children, Clara (1920–2016), Gianni (1921–2003), Susanna (1922–2009), Maria Sole Agnelli (1925–), Cristiana (1927–), Giorgio Agnelli (1929–1965) and Umberto (1934–2004).
Agnelli's daughter Susanna Agnelli was the first woman to have been Minister of Foreign Affairs in Italy.
Gianni Agnelli (1921–2003) was the oldest son of the industrialist and principal family shareholder of the Italian car company Fiat, Edoardo Agnelli. After WWII he earned a law degree at Turin University and his nickname was L'Avvocato ("The Lawyer"). He was the head of Fiat from 1966 to 2003 and made the company into the most important company in Italy and one of the major car builders of Europe. Gianni was a Fiat CEO. By 1956 he had become the "richest businessman in modern Italian history". In the 1960s and 1970s Fiat produced millions of modest cars including tiny 500 and 600 hatchbacks. Its Mirafiori plant in Turin, built 600,000 autos a year.
In the 1970s Gianni and Umberto Agnelli hired Cesare Romiti, known as Il Duro or the tough guy. During that time Fiat's production in Italy "peaked in 1970, when it employed well over 100,000 people there and made 1.4 million cars." Romiti led the firm from 28 February 1996 to 22 June 1998. Romiti was instrumental in the company's return to profitability during this period. Paolo Fresco succeeded him in the aforementioned post.
February 1992 saw the start of the mani pulite (Clean Hands) judicial inquiry into Tangentopoli, nationwide corruption with a large number of politicians, bureaucrats and entrepreneurs involved including senior Fiat executives.
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Agnelli family
The Agnelli family (Italian pronunciation: [aɲˈɲɛlli]) is an Italian multi-industry business dynasty family founded by Giovanni Agnelli, one of the original founders of the Fiat motor company which became Italy's largest automobile manufacturer. They are also primarily known for other activities in the automotive industry by investing in Ferrari (1969), Lancia (1969), Alfa Romeo (1986) and Chrysler, the latter acquired by Fiat after it filed for bankruptcy in 2009. The Agnelli family is also known for managing, since 1923, and being majority investors of the conational Serie A football club Juventus FC since the club's conversion to a società a responsabilità limitata (similar to a limited liability company) in 1949, as well as being the first shareholders of Sisport. Most members of the family are stakeholders in privately-owned Giovanni Agnelli BV, which in turn has a controlling stake in the publicly listed holding company Exor.
The family has sometimes been described in American media as "the Kennedys of Italy" for their role in the country's contemporary history and their activity of patronage in modern art and in sports. As of 2020,[update] the extended Agnelli family comprised about two hundred members.
In 1899, Giovanni Agnelli (1866–1945) and a group of investors founded the company Fabbrica Italiana di Automobili Torino (Fiat).
Edoardo Agnelli (1892–1935), industrialist and vice-president of the Italian car company Fiat and IFI, was the son of Giovanni Agnelli (1866–1945), the founder of Fiat. He had seven children, Clara (1920–2016), Gianni (1921–2003), Susanna (1922–2009), Maria Sole Agnelli (1925–), Cristiana (1927–), Giorgio Agnelli (1929–1965) and Umberto (1934–2004).
Agnelli's daughter Susanna Agnelli was the first woman to have been Minister of Foreign Affairs in Italy.
Gianni Agnelli (1921–2003) was the oldest son of the industrialist and principal family shareholder of the Italian car company Fiat, Edoardo Agnelli. After WWII he earned a law degree at Turin University and his nickname was L'Avvocato ("The Lawyer"). He was the head of Fiat from 1966 to 2003 and made the company into the most important company in Italy and one of the major car builders of Europe. Gianni was a Fiat CEO. By 1956 he had become the "richest businessman in modern Italian history". In the 1960s and 1970s Fiat produced millions of modest cars including tiny 500 and 600 hatchbacks. Its Mirafiori plant in Turin, built 600,000 autos a year.
In the 1970s Gianni and Umberto Agnelli hired Cesare Romiti, known as Il Duro or the tough guy. During that time Fiat's production in Italy "peaked in 1970, when it employed well over 100,000 people there and made 1.4 million cars." Romiti led the firm from 28 February 1996 to 22 June 1998. Romiti was instrumental in the company's return to profitability during this period. Paolo Fresco succeeded him in the aforementioned post.
February 1992 saw the start of the mani pulite (Clean Hands) judicial inquiry into Tangentopoli, nationwide corruption with a large number of politicians, bureaucrats and entrepreneurs involved including senior Fiat executives.