The Agnelli family () is an Italian
multi-industry business dynasty family founded by
Giovanni Agnelli, one of the original founders of the
Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellant ...
motor company which became Italy's largest automobile manufacturer.
They are also primarily known for other activities in the
automotive industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, selling, Maintenance, repairing, and Custom car, modification of motor ve ...
by investing in
Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built Auto Avio Costruzioni 815, its first car in 1940, adopted its current name in 1945, and be ...
(1969),
Lancia
Lancia Automobiles S.p.A. () is an Italian car manufacturer and a subsidiary of Stellantis Europe, which is the European subsidiary of Stellantis. The present legal entity of Lancia was formed in January 2007 when its corporate parent reorganise ...
(1969),
Alfa Romeo
Alfa Romeo Automobiles S.p.A. () is an Italian carmaker known for its sports-oriented vehicles, strong auto racing heritage, and iconic design. Headquartered in Turin, Italy, it is a subsidiary of Stellantis Europe and one of 14 brands of mu ...
(1986) and
Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn H ...
, 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
The Serie A (), officially known as Serie A Enilive in Italy and Serie A Made in Italy abroad for sponsorship reasons, is a professional association football league in Italy and the highest tier of the Italian football league system. Establish ...
football club
Juventus FC
Juventus Football Club (; from , ), commonly known as Juventus or colloquially as Juve (), is an Italian professional Association football, football List of football clubs in Italy, club based in Turin, Piedmont, who compete in Serie A, the ...
since the club's conversion to a ''
società a responsabilità limitata
(S.r.l. or Srl) is a type of legal corporate entity in Italy, which literally means (but is not entirely equal to) 'limited liability company'. It has a similar form to (S.s.d a r.l.) for amateur sports-related companies and their correspondin ...
'' (similar to a
limited liability company
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...
) in 1949,
[Subscribed with code nº 214687, cf. ] as well as being the first shareholders of
Sisport. Most members of the family are stakeholders in privately owned Giovanni Agnelli B.V., 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
Patronage is the support, encouragement, privilege, or financial aid that an organization or individual bestows on another. In the history of art, art patronage refers to the support that princes, popes, and other wealthy and influential people ...
in
modern art
Modern art includes artistic work produced during the period extending roughly from the 1860s to the 1970s, and denotes the styles and philosophies of the art produced during that era. The term is usually associated with art in which the tradit ...
and in
sports
Sport is a physical activity or game, often competitive and organized, that maintains or improves physical ability and skills. Sport may provide enjoyment to participants and entertainment to spectators. The number of participants in ...
.
the extended Agnelli family comprised about two hundred members.
Family tree
*
Edoardo Agnelli (1831–1871) married
Aniceta Frisetti (1846–1920)
**
Giovanni Agnelli (1866–1945) (founder of
Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellant ...
) married Clara Boselli (1869–1946)
***Aniceta Caterina (1889–1928) married
Carlo Nasi (1877–1935)
****Clara Nasi (1913–2011) married Luca
ei marchesiFerrero de Gubernatis Ventimiglia (1906–1982)
****Laura Nasi (1914–1996) married Count Giancarlo Camerana (1909–1955)
****Giovanni Nasi (1918–1995) married Marinella Wolf (1922–2002)
****Umberta Nasi (1922–2004) married firstly Giuseppe Frua de Angeli (1912–1981), and then Giorgio Ajmone-Marsan (1926–2009)
****Emanuele Nasi (1928–1970) married Marisa Coop Diatto (1927–2016)
***
Edoardo Agnelli II (1892–1935) married
Virginia Bourbon del Monte (1899–1945)
****
Clara Agnelli (7 April 1920 – 19 July 2016) she married Prince Tassilo of Fürstenberg (1903–1989) on 19 November 1938 and they were divorced. They have three children (see
House of Fürstenberg (Swabia) for further descendants). She remarried Giovanni Nuvoletti (1912–2008) in 1974
*****
Princess Ira von Fürstenberg (18 April 1940 - 19 February 2024) she married
Prince Alfonso of Hohenlohe-Langenburg
Alfonso Maximiliano Victorio Eugenio Alejandro María Pablo de la Santísima Trinidad y Todos los Santos, Prinz zu Hohenlohe-Langenburg (28 May 1924 – 21 December 2003) was a Spanish businessman known for his promotion of the Spanish resorts of ...
(1924–2003) on 17 September 1955 and they were divorced on 14 December 1960. They have two sons. She remarried Francisco Pignatari (1916–1977) on 12 January 1961 and they were divorced in January 1964.
*****
Prince Egon von Fürstenberg (29 June 1946 – 11 June 2004) he married
Diane Halfin on 16 July 1969 and they were divorced. They have two children. He remarried Lynn Marshall in 1983.
******
Prince Alexandre Egon von Fürstenberg (b. 25 January 1970)
*******
Talita von Fürstenberg
*******Tassilo von Fürstenberg
*******Leon von Fürstenberg
*******Vito von Fürstenberg
******
Princess Tatiana Desirée von Fürstenberg (b. 16 February 1971)
*******Antonia Steinberg
*****Prince Sebastian von Fürstenberg (1950) he married Elisabetta Guarnati in 1972. They have one son and one daughter
******
Princess Virginia von Fürstenberg (1974-2023)
*******
Baron Miklos Tassilo Csillaghy de Pacsér (1992)
*******Baroness Ginevra Csillaghy de Pacsér (1995)
*******Clara Bacco Dondi Dall'Orologio
*******Otto Leone Polenghi
*******Santiago Polenghi
******Prince Ernesto von Fürstenberg Fassio (1981)
*******Princess Camilla Fürstenberg Fassio (2006)
*******Prince Sebastian Fürstenberg Fassio (2009)
****
Giovanni "Gianni" Agnelli (1921–2003) (also known as ''L'Avvocato'') married ''
Donna''
Marella Caracciolo di Castagneto (1927-2019)
*****
Edoardo Agnelli III (1954–2000)
*****Margherita Agnelli (b. 1955) married firstly
Alain Elkann (b. 1950, divorced) and then Serge de Pahlen (b.1944)
******
John Elkann
John Philip Jacob Elkann (born 1 April 1976) is an American-born Italian industrialist. In 1997, he became the chosen heir of his maternal grandfather Gianni Agnelli, following the death of Gianni's nephew Giovanni Alberto Agnelli, and since 2 ...
(b. 1976) (current Chairman of
Exor,
Stellantis
Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...
and
Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built Auto Avio Costruzioni 815, its first car in 1940, adopted its current name in 1945, and be ...
) married in 2004 Lavinia Ida Borromeo Arese Taverna (b. 1977)
*******Leone Mosè Elkann (b. 2006)
*******Oceano Noah Elkann (b. 2007)
*******Vita Talita Elkann (b. 2012)
******
Lapo Elkann (b. 1977) married in 2021
Joana Lemos (b. 1972)
******
Ginevra Elkann (b. 1979) married in 2009 Giovanni Gaetani dell'Aquila d'Aragona (b. 1973)
*******Giacomo Gaetani d'Aragona (b. 2009)
*******Pietro Gaetani d'Aragona (b. 2012)
*******Marella Gaetani d'Aragona (b. 2014)
******Maria De Pahlen (b. 1984)
******Pietro De Pahlen (b. 1987)
******Anna De Pahlen (b. 1988)
******Sofia De Pahlen (b. 1988)
******Tatiana De Pahlen (b. 1990)
****
Susanna Agnelli (1922–2009) married Count Urbano Rattazzi (1918–2012) and had six children before their marriage was annulled in 1975.
*****Ilaria Rattazzi
*****Samaritana Rattazzi (b. 1947) married writer Vittorio Sermonti (1929–2016)
******
Pietro Sermonti (b. 1971)
******Anna Sermonti
*****Cristiano Rattazzi (b. 1948) president of Fiat in
Argentina
Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...
*****Delfina Rattazzi
*****Lupo Rattazzi
*****
Priscilla Rattazzi (b. 1956)
****
Maria Sole Agnelli (b. 1925) married Count Ranieri di Campello della Spina (1908–1959) and had four children. After being widowed she then married Count Pio Teodorani-Fabbri (1924-2022) and had a son.
*****Virginia Campello della Spina (b. 1954) married Giuseppe della Chiesa
******Giacinta della Chiesa (b. 1984)
******Benedetto della Chiesa (b. 1986)
*****Argenta Campello della Spina (b. 1955) married Gianantonio Bertoli
******Sara Bertoli (b. 1979)
******Alice Bertoli (b. 1982)
******Evelina Bertoli (b. 1986)
*****Cintia Campello della Spina (b. 1956) married Leopoldo Torlonia
******Maria Sole Torlonia (b. 1985)
******Emanuela Torlonia (b. 1988)
******Paolo Torlonia (b. 1997)
*****Bernardino Campello della Spina (b. 1958) married Sonia Raule and then Francesca Rizzo
******Tancredi Campello della Spina (b. 1987)
******Margherita Campello della Spina (b. 1992)
******Angelica Campello della Spina (b. 1994)
******Tristano Campello della Spina (b. 2003)
******Ranieri Campello della Spina (b. 2006)
*****Edoardo Teodorani-Fabbri (b. 1965) married Davina de Forest
****
Cristiana Agnelli (b. 1927) married Count Brandolino Brandolini d'Adda (1918-2005)
*****Tiberto (Ruy) Brandolini d'Adda married
Princess Georgina de Faucigny-Lucinge et Coligny
******Cornelia (Coco) Brandolini d'Adda
******
Bianca Brandolini d'Adda
*****Leonello Brandolini d'Adda
*****Nuno Brandolini d'Adda married Phan van Thiet
*****Brandino Brandolini d'Adda married
Marie Angliviel de la Beaumelle, a member of the aristocratic
Rothschild family
The Rothschild family ( , ) is a wealthy Ashkenazi Jews, Ashkenazi Jewish noble banking family originally from Frankfurt. The family's documented history starts in 16th-century Frankfurt; its name is derived from the family house, Rothschild, ...
******Guido Brando
******
Marcantonio Brandolini d'Adda
******Gioacchino
****
Giorgio Agnelli (1929–1965)
****
Umberto Agnelli (1934–2004) married firstly Antonella Bechi Piaggio (1938-1999, divorced) and then Allegra Caracciolo di Castagneto (b. 1945)
*****
Giovanni Alberto Agnelli (1964–1997) married Frances Avery Howe (b. 1965)
******Virginia Asia Agnelli (b. 1997)
*****
Andrea Agnelli (b. 1975) (former President of
Juventus FC
Juventus Football Club (; from , ), commonly known as Juventus or colloquially as Juve (), is an Italian professional Association football, football List of football clubs in Italy, club based in Turin, Piedmont, who compete in Serie A, the ...
) married Emma Winter (b. 1977, divorced). Re-married Deniz Akalin in April 2023 (b. 1983)
******Baya Agnelli (b. 2005)
******Giacomo Dai Agnelli (b. 2011)
******Livia Selin Agnelli (b. 2017)
******Vera Nil Agnelli (b. 2018)
*****Anna Agnelli (b. 1977)
Some notable family members
Giovanni Agnelli
In 1899, Giovanni Agnelli (1866–1945) and a group of investors founded the company Fabbrica Italiana di Automobili Torino (Fiat), being after senator of the Italian government.
Edoardo Agnelli
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
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.
In 1996 when Gianni reached the mandatory retirement age of 75
after serving as Fiat chairman for 30 years,
Romiti replaced him as chairman.
A year after Romiti took over as chairman of Fiat, he was convicted of "having falsified company accounts, committing tax fraud and making illegal payments to political parties."
Romiti "was one of the most prominent people convicted since the start of Italy's campaign against corruption in 1992." Even though Gianni Agnelli was not implicated by the magistrates, some believed that he had lacked judgement in not denouncing Italy's endemic corruption and in downplaying Fiat's responsibilities.
Gianni Agnelli in fact had defended the actions of Romiti and the co-accused Francesco Paolo Mattioli, Fiat's chief financial officer.
A 1997 article published in ''
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'' quoted Gianni Agnelli confidence in the Turin Two's innocence and concluded that business attitudes among Italy's powerful ''ancien régime'' was left unchanged since the scandal of ''tangentopoli'' ("bribesville") emerged.
"Mr. Romiti and Mr. Mattioli had approved a series of slush funds from 1980 through 1992 to provide for Fiat's illegal political contributions and had falsified accounts to hide the payments."
While Fiat was a family-controlled company, Gianni Agnelli alone held the family's controlling stake for nearly 60 years. Fiat is an "individual privately-owned oligopoly".
Giovanni Agnelli & C. (GA&C), the family's limited partnership was Gianni's command center.
By 2003, when he died, "The GA&C partnership was worth about 1.3 billion euros, and its assets consisted of listed holding companies Istituto Finanziario Industriale (IFI) and Istituto Finanziaria di Partecipazioni (IFIL), through which the family controlled Fiat and IFIL's stakes in other companies."
By the time of Gianni Agnelli's death in 2003, the "Agnelli family controlled Fiat through a chain of three separate holding companies."
Giovanni Alberto Agnelli, Gianni's nephew, who died of cancer in 1997, had been in line to take control of the family companies. In 1997 Gianni publicly announced that his grandson, John Elkann, who was then 21, would succeed him as the head of the family empire.
Edoardo Agnelli, Gianni's first-born son died in 2000.
He "died at the age of 81, after a prolonged battle with prostate cancer".
At one time the Agnelli assets represented 4.4% of Italy's GDP. At the prestigious 2008 photography exhibition in Rome entitled ''Gianni Agnelli: An Extraordinary Life'', the Agnelli family and the Italian government honoured L'Avvocato. Gianni Agnelli married
Marella Agnelli (1927–2019) They had one son
Edoardo Agnelli and one daughter
Countess
Count (feminine: countess) is a historical title of nobility in certain European countries, varying in relative status, generally of middling rank in the hierarchy of nobility. Pine, L. G. ''Titles: How the King Became His Majesty''. New York: ...
Margherita Agnelli de
Pahlen.
According to the ''Independent'' Fiat survived the early first years of the twentieth century thanks to "generous government subsidies paid by Italian taxpayers."
"As recently as 2002, Italy accounted for more than a third of Fiat's revenue, and the company built more than 1 million vehicles at six plants in the country."
Gianni Agnelli was considered to be the most prominent spokesperson representing the Italian economic elites.
Gianni explained his popularity in Italy by saying that he was "always present". "There was a war and I, like many others, took part. Then there were other events such as closer relations with the Americans, and I was there. ... We had difficult moments such as terrorism, and I never pulled back. In the course of our lives, of our generation, there also have been happier moments."
Professor Gaspare Nevola of the Università degli Studi di Trento, explained that Italian society celebrated a common sense of belonging and national identity through collective identification at Gianni Agnelli's Funeral.
At the end of the 1990s Sergio Garavini claimed that, "Fiat seems like the Austro-Hungarian empire on the eve of the First World War. ... When the big push came, it fell to pieces while the royal court continued to fight over succession." L'Avvocato's death was associated with the closing of a chapter by "commentators, politicians, and institutional representatives".
Giorgio Agnelli
Giorgio Agnelli (1929–1965) was a member of the Agnelli family. He was the second son of Virginia Agnelli and of the industrialist
Edoardo Agnelli. His brother, Gianni Agnelli, was the head of Fiat until 1996.
Umberto Agnelli
Umberto Agnelli (1934–2004) was Gianni Agnelli's youngest brother. He was CEO of Fiat from 1970 to 1976.
When he knew he was dying and Fiat was in financial trouble, Gianni asked Umberto to return as Fiat's CEO. Fiat had taken out a three-billion-euro loan in 2002 and was unable to pay it back. If they were unable to find a solution, Fiat would belong to its creditor banks.
Umberto Agnelli was chairman of IFIL Group, the family investment company.
Umberto Agnelli was chairman and later honorary chairman of
Juventus
Juventus Football Club (; from , ), commonly known as Juventus or colloquially as Juve (), is an Italian professional Association football, football List of football clubs in Italy, club based in Turin, Piedmont, who compete in Serie A, the ...
, the football team long-associated with Fiat and the Agnelli family. His son
Andrea later followed in his footsteps as chairman of Juventus until 2022.
Margherita Agnelli de Pahlen
Margherita Agnelli de Pahlen (born 1955), the only daughter and sole surviving child of Gianni Agnelli, received an estimated inheritance of $2 billion when her father, Gianni Agnelli died. In a lawsuit filed in 2007 and rejected in 2010,
[Composed by Agnelli, Elkann, Nasi and Camerana ]clan
A clan is a group of people united by actual or perceived kinship
and descent. Even if lineage details are unknown, a clan may claim descent from a founding member or apical ancestor who serves as a symbol of the clan's unity. Many societie ...
s, cf. Margherita Agnelli asked the annullation of the 2004 inheritance agreement signed with her mother; she said that it was based on incomplete information.
On 30 May 2007, she filed a lawsuit against three long-time advisors of her father: Gianluigi Gabetti,
Franzo Grande Stevens, and Virgilio Marrone. The lawsuit was also against her own mother, Marella Agnelli.
The lawsuit demanded that Gabetti, Grande Stevens, and Marrone provide a report on her father's estate "with information pertaining to the historic evolution of the assets" from January 24, 1993, forward. D'Antona & Partners, a Milan-based public-relations firm, provided ''
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'' with news of the lawsuit before the Agnelli family was aware of it. In Turin, Italy in March 2010 Judge Brunella Rosso rejected the lawsuit filed against Margherita's mother Marella Agnelli and advisers Franzo Grande Stevens and Gianluigi Gabetti.
She had three children John, Lapo and Ginevra from her first marriage with
Alain Elkann who inherited the largest shares of the Agnelli fortune. She had other five children from her second and current husband, Count Serge de
Pahlen.
John Elkann
John Elkann (born 1976) is the CEO of
Exor, an investment company controlled by the Agnelli family, which controls
Stellantis
Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...
,
CNH Industrial
CNH Industrial N.V. is an Italian-American multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor (company), Exor, which in turn is controlled ...
,
Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built Auto Avio Costruzioni 815, its first car in 1940, adopted its current name in 1945, and be ...
,
Juventus FC
Juventus Football Club (; from , ), commonly known as Juventus or colloquially as Juve (), is an Italian professional Association football, football List of football clubs in Italy, club based in Turin, Piedmont, who compete in Serie A, the ...
,
Cushman & Wakefield and the
Economist Group
The Economist Newspaper Limited (commonly The Economist Group) is a British media company headquartered in London, England. It is best known as publisher of ''The Economist'' newspaper and its sister lifestyle magazine, ''1843 (magazine), 1843'' ...
. In 2013 he was considered to be the world's fourth most influential manager under the age of 40 by ''
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fate
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (19 ...
'' magazine.
He was chosen as heir to the family empire in 1997 by his grandfather
Gianni Agnelli
Giovanni "Gianni" Agnelli (; 12 March 192124 January 2003), nicknamed ("The Lawyer"), was an Italian industrialist and principal shareholder of Fiat S.p.A., Fiat. As the head of Fiat, he controlled 4.4% of Italy's GDP, 3.1% of its industrial ...
who died in 2003. Currently, Elkann chairs and controls the automaker Stellantis (which owns the
Abarth,
Alfa Romeo
Alfa Romeo Automobiles S.p.A. () is an Italian carmaker known for its sports-oriented vehicles, strong auto racing heritage, and iconic design. Headquartered in Turin, Italy, it is a subsidiary of Stellantis Europe and one of 14 brands of mu ...
,
Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn H ...
,
Citroën
Citroën ()The double-dot diacritic over the 'e' is a diaeresis () indicating the two vowels are sounded separately, and not as a diphthong. is a French automobile brand. The "Automobiles Citroën" manufacturing company was founded on 4 June 19 ...
,
Dodge
Dodge is an American brand of automobiles and a division of Stellantis, based in Auburn Hills, Michigan. Dodge vehicles have historically included performance cars, and for much of its existence, Dodge was Chrysler's mid-priced brand above P ...
,
DS,
Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellant ...
,
Fiat Professional,
Jeep
Jeep is an American automobile brand, now owned by multi-national corporation Stellantis. Jeep has been part of Chrysler since 1987, when Chrysler acquired the Jeep brand, along with other assets, from its previous owner, American Motors Co ...
,
Lancia
Lancia Automobiles S.p.A. () is an Italian car manufacturer and a subsidiary of Stellantis Europe, which is the European subsidiary of Stellantis. The present legal entity of Lancia was formed in January 2007 when its corporate parent reorganise ...
,
Maserati
Maserati S.p.A. () is an Italian luxury vehicle manufacturer. Established on 1 December 1914 in Bologna, Italy, the company's headquarters are now in Modena, and its emblem is a trident. The company has been owned by Stellantis since 2021. Ma ...
,
Mopar
Mopar (a portmanteau of "motor" and "parts") is an American car parts, service, and customer care division of the former Chrysler Corporation, now owned by Netherlands-based automobile manufacturer Stellantis. It serves as a primary OEM access ...
,
Opel
Opel Automobile GmbH (), usually shortened to Opel, is a German automobile manufacturer which has been a subsidiary of Stellantis since 16 January 2021. It was owned by the American automaker General Motors from 1929 until 2017 and the PSA Gr ...
,
Peugeot
Peugeot (, , ) is a French automobile brand owned by Stellantis.
The family business that preceded the current Peugeot companies was established in 1810, making it the oldest car company in the world. On 20 November 1858, Émile Peugeot applie ...
,
Ram and
Vauxhall
Vauxhall ( , ) is an area of South London, within the London Borough of Lambeth. Named after a medieval manor called Fox Hall, it became well known for the Vauxhall Pleasure Gardens.
From the Victorian period until the mid-20th century, Va ...
brands).
He is the oldest son of
Alain Elkann and Margherita Agnelli de Pahlen. In 2004 John Elkann married ''Donna'' Lavinia Borromeo, an heiress of the Borromeo family. His grandmother, Marella Agnelli (1927–2019) gave her shares to him to secure his control of the family empire. She divided up Gianni Agnelli's (1934–2003) personal assets with her daughter, Margherita Agnelli de Pahlen. Fiat formerly represented 4.4% of Italy's GDP. From 2001 to 2004 Fiat had lost more than 6 billion euros and was close to bankruptcy. CEO Sergio Marchionne returned the company to profit in 2005.
In 2009 as the U.S. automobile industry was collapsing Fiat became a trailblazer by acquiring an initial 20% stake in the then-bankrupt Chrysler company in a deal with the Obama administration. This saved Chrysler.
By 2013 Fiat was taking full control of Chrysler and merging Fiat-Chrysler into a global giant. By 2013 Chrysler was profitable again but an article in ''The Economist'' questioned the financial future of the merged company.
In 2005,
Lapo Elkann, (born 1977) John's brother, was forced to leave the family company because of a scandal but by 2015 was still one of the largest shareholders in the family business along with John, and their sister
Ginevra Elkann (born 1979).
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
The ''Financial Post'' is a financial news website, and business section of the ''National Post'', both publications of the Postmedia Network. It started as an English Canadian business newspaper, which published from 1907 to 1998. In 1998, the ...
'',
in February 2007
Consob, Italy's market regulator, fined the Agnelli family holding company, then-called Ifil (now known as Exor), for engaging in a complicated illegal trade in 2005. They signed contracts with Merrill Lynch which allowed Ifil "to retain its 30 per cent of Fiat in spite of banks in the same period converting billions of euros of debt owed to them by Fiat into equity in the company."
In the words of the ''Financial Post'', Gabetti, Marrone, and Grande Stevens "were suspended from holding posts in public companies for between two and six months."
Gianluigi Gabetti
Gianluigi Gabetti was director general of IFIL Group, the family investment company since 1971 and worked there as Gianni's closest financial adviser for over 30 years.
When Gianni died in 2003, Umberto asked the octogenarian to return as CEO of Ifil.
Franzo Grande Stevens
Franzo Grande Stevens (born 1928) is the lawyer of the family. In 2009, he was prosecuted for
market manipulation
In economics and finance, market manipulation occurs when someone intentionally alters the supply or demand of a security to influence its price. This can involve spreading misleading information, executing misleading trades, or manipulating ...
in the equity swap of Ifi-Ifil (now Exor), Agnelli's holding company and Fiat's financial company.
Participation in business and sports
Stellantis
Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...
, a
multi-national company and a
core business of the clan, was established in 2021 after
Fiat Chrysler Automobiles
Fiat Chrysler Automobiles N.V. (FCA), now part of Stellantis, was an Italian-American multinational corporation primarily known as a manufacturer of Car, automobiles, commercial vehicles, List of auto parts, auto parts and production systems. ...
(FCA) and
Groupe PSA
Peugeot S.A., trading as Groupe PSA () (formerly PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhal ...
merged. They have also majority control and some participation in several organizations, including ''
La Stampa
(English: "The Press") is an Italian daily newspaper published in Turin with an average circulation of 87,143 copies in May 2023. Distributed in Italy and other European nations, it is one of the oldest newspapers in Italy. Until the late 1970 ...
'', the Turin daily paper owned by the family through
GEDI Gruppo Editoriale
GEDI Gruppo Editoriale S.p.A., formerly known as S.p.A., is an Italian media conglomerate. Founded in 1955, it is based in Turin, Italy, and controlled by the Agnelli family through Exor. The company is known for publishing newspapers ''La Re ...
,
and ''
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'', part of
The Economist Group, the clan owns over 47% of the share.
Agnelli are also the owners of
Juventus
Juventus Football Club (; from , ), commonly known as Juventus or colloquially as Juve (), is an Italian professional Association football, football List of football clubs in Italy, club based in Turin, Piedmont, who compete in Serie A, the ...
, the most renowned Italian association football club, and one of world's most successful teams, which was operated by the Agnellis since 1923 to 1943 and since 1947 to date. That
society
A society () is a group of individuals involved in persistent social interaction or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. ...
between the club and the Torinese industrial dynasty is the oldest and most uninterrupted in
Italian sports history between a club and an
investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of pr ...
, making the ''Old Lady'' one of the first
professional
A professional is a member of a profession or any person who work (human activity), works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the partic ...
sporting clubs ''
ante litteram'' in the country. The Agnellis have the club's majority
shares
In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Sha ...
since it was constituted as a
private limited company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Example ...
under the legal entity of ''
società a responsabilità limitata
(S.r.l. or Srl) is a type of legal corporate entity in Italy, which literally means (but is not entirely equal to) 'limited liability company'. It has a similar form to (S.s.d a r.l.) for amateur sports-related companies and their correspondin ...
'' in 1949,
[ and have been credited for much of the team's success and by extension in the development of ]football in Italy
Football ( ) is the most popular sport in Italy. The Italy national football team have won the FIFA World Cup four times (1934, 1938, 1982, 2006), trailing only Brazil (with five), runners-up in two finals both against Brazil, (1970, 1994) and ...
due an administrative gestion model and sporting ethos
''Ethos'' is a Greek word meaning 'character' that is used to describe the guiding beliefs or ideals that characterize a community, nation, or ideology; and the balance between caution and passion. The Greeks also used this word to refer to the ...
called by the country's mass media
Mass media include the diverse arrays of media that reach a large audience via mass communication.
Broadcast media transmit information electronically via media such as films, radio, recorded music, or television. Digital media comprises b ...
since the 1930s as ''Stile Juventus'', or Juventus Style, based in patience, consistency and a kind of effective and efficient long-term strategic planning
Strategic planning is the activity undertaken by an organization through which it seeks to define its future direction and makes decisions such as resource allocation aimed at achieving its intended goals. "Strategy" has many definitions, but it ...
unusual for the administrative model generally used in Italy, both of which the ownership is renowned for. Juventus success in the first half of the 1930s allowed that management to influence in the management model from other Serie A
The Serie A (), officially known as Serie A Enilive in Italy and Serie A Made in Italy abroad for sponsorship reasons, is a professional association football league in Italy and the highest tier of the Italian football league system. Establish ...
clubs since the end of World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
, emerging as the reference organisational model for the sport in the Peninsula
A peninsula is a landform that extends from a mainland and is only connected to land on one side. Peninsulas exist on each continent. The largest peninsula in the world is the Arabian Peninsula.
Etymology
The word ''peninsula'' derives , . T ...
. An Italian ''società per azioni
(; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to ...
'' since 1967, Juventus was presided since 2010 to 2023 by Andrea Agnelli, fourth member of the clan in front of the club's maximum dirigencial charge and grandson of Edoardo Agnelli, the first member of the family in do it as well as regarded the ideologue of the Juventus Style.
List of businesses owned by the Agnelli family
* Christian Louboutin Ltd.
*Clarivate
Clarivate Plc is a British-American Public company, publicly traded analytics company that operates a collection of subscription business model, subscription-based services, in the areas of bibliometrics and scientometrics; business intelligenc ...
*CNH Industrial
CNH Industrial N.V. is an Italian-American multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor (company), Exor, which in turn is controlled ...
* Cushman & Wakefield Inc.
* The Economist Group
*Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello. Founded in 1939 by Enzo Ferrari (1898–1988), the company built Auto Avio Costruzioni 815, its first car in 1940, adopted its current name in 1945, and be ...
*GEDI Gruppo Editoriale
GEDI Gruppo Editoriale S.p.A., formerly known as S.p.A., is an Italian media conglomerate. Founded in 1955, it is based in Turin, Italy, and controlled by the Agnelli family through Exor. The company is known for publishing newspapers ''La Re ...
**Deejay TV
DeeJay TV is an Italian music TV channel, opened in 2002 as a music satellite channel, and re-launched in 2009 on digital terrestrial television
Digital terrestrial television (DTTV, DTT, or DTTB) is a technology for terrestrial television, i ...
**Elemedia
***Radio Capital
Radio Capital is an Italian private radio station, was founded in May 1977 and is owned by the Gruppo Editoriale L'Espresso (ultimately by EXOR owned by the Agnelli-family) and began broadcasting in 1985.
Broadcast FTA on Hot Bird, on SKY It ...
*** Radio DeeJay
*** Radio m2o
**''La Repubblica
(; English: "the Republic") is an Italian daily general-interest newspaper with an average circulation of 151,309 copies in May 2023. It was founded in 1976 in Rome by Gruppo Editoriale L'Espresso (now known as GEDI Gruppo Editoriale) and l ...
''
**''La Stampa
(English: "The Press") is an Italian daily newspaper published in Turin with an average circulation of 87,143 copies in May 2023. Distributed in Italy and other European nations, it is one of the oldest newspapers in Italy. Until the late 1970 ...
''
** Mymovies.it
*Iveco
Iveco S.p.A., an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company with headquarters in Turin, Italy. It designs and builds light, medium, and heavy Commercial vehicle, commercial veh ...
*Juventus
Juventus Football Club (; from , ), commonly known as Juventus or colloquially as Juve (), is an Italian professional Association football, football List of football clubs in Italy, club based in Turin, Piedmont, who compete in Serie A, the ...
*Philips
Koninklijke Philips N.V. (), simply branded Philips, is a Dutch multinational health technology company that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarter ...
* Shang Xia
*Stellantis
Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...
**Alfa Romeo
Alfa Romeo Automobiles S.p.A. () is an Italian carmaker known for its sports-oriented vehicles, strong auto racing heritage, and iconic design. Headquartered in Turin, Italy, it is a subsidiary of Stellantis Europe and one of 14 brands of mu ...
**Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn H ...
**Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellant ...
**Maserati
Maserati S.p.A. () is an Italian luxury vehicle manufacturer. Established on 1 December 1914 in Bologna, Italy, the company's headquarters are now in Modena, and its emblem is a trident. The company has been owned by Stellantis since 2021. Ma ...
**Opel
Opel Automobile GmbH (), usually shortened to Opel, is a German automobile manufacturer which has been a subsidiary of Stellantis since 16 January 2021. It was owned by the American automaker General Motors from 1929 until 2017 and the PSA Gr ...
**VM Motori
VM Motori S.p.A. is an Italian diesel engine manufacturing company which is wholly owned by Stellantis. VM headquarters and main production facilities are located in Cento, in Emilia-Romagna, Italy.
History
VM Motori was founded by two entrep ...
*Via Transportation
Via Transportation, Inc. is a technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations a ...
* Welltec
References
Bibliography
*
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{{Authority control
Italian business families