Italy is home to 58 billionaires, with Milan holding the highest number. How many billionaires are in Italy, and who is the richest? As of 2026, Forbes ranks Giovanni Ferrero, head of the confectionery group behind Nutella and Kinder, as Italy's richest person with roughly $48 billion. This guide profiles the nation's wealthiest and where they live.
Italy is home to dozens of ultra-wealthy billionaires whose fortunes span fashion, food, finance, retail, media, healthcare, pharmaceuticals and automotive. As of 2026, Forbes ranks Giovanni Ferrero — head of the confectionery group behind Nutella, Kinder and Ferrero Rocher — as Italy’s richest person, with a fortune of roughly $48 billion.
How many billionaires are in Italy?
Italy is home to a total of 58 billionaires. The city of Milan has the highest number with 26, followed by Rome with 6, Treviso with 3, and Bergamo with 2. Other cities with at least one billionaire include Bassano del Grappa, Bologna, Campodoro, Cernusco Lombardone, Cesena, Como, Cremona, Crocetta del Montello, Fiesole, Florence, Modena, Ponzano Veneto, Reggio Emilia, Sant’ Elpidio A Mare, Segrate, Solomeo, Spilamberto, Tombolo, Turin, and Venice.
Notable Billionaires in Italy
Who has the highest net worth in Italy?
Giorgio Armani (1934–2025)
Giorgio Armani, born in 1934, was a self-made billionaire who built his fortune in the fashion and luxury-goods industry, remaining the sole shareholder of his namesake group. He died in Milan on September 4, 2025, at the age of 91. His Forbes-estimated net worth had stood at around $12.3 billion; following his death, his stake passed to his foundation and heirs.
Silvio Berlusconi & family (1936–2023)
Silvio Berlusconi was born in 1936 and built his self-made fortune chiefly in the media industry, alongside diversified interests. He died in Milan on June 12, 2023, at the age of 86. As of 2026, Forbes attributes the family’s wealth, derived largely from the Fininvest and Mediaset (MFE) holdings, to his heirs.
Massimiliana Landini Aleotti & family
Massimiliana Landini Aleotti was born in 1943 and is a non-self-made billionaire. As of 2026, her net worth is estimated by Forbes at roughly $7.9 billion. Her wealth is sourced from the pharmaceutical company Menarini, based in Florence.
Piero Ferrari
Piero Ferrari, born in 1945, is a non-self-made billionaire whose wealth comes from his roughly 10% stake in the carmaker Ferrari, where he serves as vice chairman. As of 2026, his net worth is estimated by Forbes at approximately $7.9 billion.
Sergio Stevanato & family
Sergio Stevanato, born in 1943, is a self-made billionaire. His wealth comes from the Stevanato Group, a maker of drug-containment and delivery systems and medical packaging. As of 2026, estimates of his net worth vary across trackers, ranging from roughly $3.8 billion to $5 billion.
Sources:
Forbes World’s Billionaires ListList of Italians by net worth (Wikipedia, citing Forbes)
Statista: Billionaires in Italy
Last updated: June 19, 2026
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