Luca Di Montezemolo Net Worth: Know About His Wealth In 2022 And How He Earned It?

Luca Di Montezemolo Net Worth: Luca Cordero di Montezemolo (Italian: [luka korero di monteddzmolo]; born August 31, 1947) is an Italian businessman and the former Chairman of Ferrari. He was also the Chairman of Fiat S.p.A. and the President of Confindustria and FIG. He comes from a noble family in the area of Italy called Piedmont.

First, in 1971, he got his law degree from La Sapienza University. After that, he went to Columbia University in New York City to get a master’s degree in International commercial law. He is one of the founders and a former president of NTV, an Italian company that was the first private company in Europe to run high-speed trains at 300 km/h (186 mph).

Montezemolo started a free-market think tank called Future Italy in 2009. This group ran with the Civic Choice party in the 2013 parliamentary election. Along with this, Stipe Miocic Net Worth is also the most googled topic nowadays.

Early Life And Education

Luca Cordero di Montezemolo was born on August 31, 1947, in Bologna, Italy. He was the youngest son of Massimo, a Piedmontese aristocrat, and Clotilde, the niece of famous surgeon Vincenzo Neri. His grandfather and great-grandfather were both generals in the Italian Army.

During World War II, his uncle was a commander. Montezemolo went to Rome’s Sapienza University for his higher education. There, he got a law degree. He then moved to the United States to go to Columbia University in New York City. There, he got a master’s degree in international commercial law.

Fiat And Ferrari

Montezemolo’s first job was racing in a Giannini Fiat 500 with his friend Cristiano Rattazzi. After that, he drove for HF Squadra Corse, a Lancia rally team. Montezemolo then joined Fiat, an Italian company that makes cars and is based in Torino. Then, in 1973, he went to work for the luxury car company Ferrari, where he helped the racer and businessman Enzo Ferrari.

The next year, Montezemolo took over as manager of Scuderia, Ferrari’s racing team. In 1975 and 1977, racer Niki Lauda won the Formula One World Drivers’ Championship for Scuderia while he was in charge. Montezemolo was eventually put in charge of all of Fiat’s racing activities and later became the company’s top manager.

In the 1980s, Montezemolo worked in a number of different jobs at Fiat subsidiaries. He was the managing director of the Cinzano vermouth brand and the director of the Itedi publishing company, among other jobs.

He also ran the yacht racing team Azzurra, which was the first Italian yacht club to compete in America’s Cup, and was in charge of the 1990 FIFA World Cup’s organizing committee. Since Enzo’s death in 1988, Ferrari had been in trouble and Montezemolo was named president of the company at the beginning of the 1990s.

He made it his goal as president to win the Formula One World Championship again. In order to do this, Montezemolo put Formula One champion Lauda on the team as a consultant and made Claudio Lombardi the team manager.

The Ferrari team won the Constructors’ Championship in 1999 and the World Drivers’ Championship in 2000 because of his hard work. From 2000 to 2004, Ferrari won five straight F1 championships with Michael Schumacher driving.

In 2004, Montezemolo became the chairman of Fiat, a job he held until 2010. In 2014, he gave up his positions as president and chairman of Ferrari. Besides this, Are you interested to read about Bob Uecker’s Net Worth?

Montezemolo’s Personal Life

Luca di Montezemolo net worth

In the year 2000, Montezemolo got married to Ludovica Andreoni. They have five children between them. Gianni Agnelli, the head of Fiat, gave Luca a one-of-a-kind silver Ferrari 360 Barchetta as a wedding gift. He keeps this car in the Maranello Ferrari museum.

In 2012, Montezemolo got in trouble with the law when he built a house in Anacapri, Italy, without permission. As a result, he was given a one-year prison sentence that was put on hold.

Luca Di Montezemolo Ferrari’s Salary And Net Worth

In his last few years at Ferrari, Luca di Montezemolo made 2.75 million Euros each year. At the time, that was about $3.5 million per year in US dollars. When Luca left Ferrari, he was given a severance payment of $35 million. He was also given a one-time payment of $17 million in a lump sum that will be paid to him in 2034.

Luca di Montezemolo is an Italian businessman who used to run Ferrari and has a $350 million net worth. Luca came from a wealthy family in Piedmont, and he used to be in charge of the car company Fiat and its luxury sports car brand Ferrari.

Montezemolo has done a lot of different things, like being the president of the Italian employers’ group Confindustria and the president of the company he co-founded that runs high-speed trains, NTV.

As Chairman and CEO of Ferrari racing, Luca was in charge of 19 world championships for drivers and teams. He was also in charge of Ferrari’s growth from a company that made exotic, high-end cars to a world-leading lifestyle brand.

Montezemolo quit as president and chairman of Ferrari in September 2014. He is said to have done so because he and Sergio Marchionne, his planned successor and CEO of FIAT Chrysler, were at odds. In the summer of 2015, less than a year later, he was honored for his long career in motorsports by being inducted into the International Motorsports Hall of Fame.

Other Ventures

Montezemolo has been involved in a lot of different things besides auto racing. He was president of Confindustria, which is the General Confederation of Italian Industry, from 2004 to 2008. The group is made up of more than 113,000 companies and more than four million people.

It is the Italian employers’ federation and the national chamber of commerce. During the same time, from 2004 to 2010, Montezemolo was the president of LUISS, a well-known university in Rome.

In 2006, Montezemolo helped start an Italian high-speed rail company called Nuovo Trasporto Viaggiatori and became its chairman. NTV was the first high-speed train company in Europe to be run by a private company. Its services began in 2012.

Montezemolo started the liberal-centrist think tank Future Italy in 2009. This was one of many things he did. In 2013, he used the think tank to support Mario Monti, who was the prime minister at the time. Apart from this, Have you heard about Nick Swisher’s Net Worth?

Future Italy was a big part of how Monti’s Civic Choice party got started. Montezemolo became a non-executive chairman of the airline Alitalia in 2014, and the next year he became the head of Rome’s bid committee for the 2024 Summer Olympics.

Conclusion

Former Ferrari CEO and wealthy Italian billionaire Luca di Montezemolo are named in this article. Luca was the former head of both the Fiat automobile firm and the Ferrari luxury sports car brand, and he was born into an affluent family in Piedmont.

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