Umberto Agnelli

See also: Agnelli

Umberto Agnelli , born on November 1st 1934 with Lausanne (Swiss), deceased the May 27th 2004 with Turin (Italy), was an important industrialist Italy N; it had been named president of FIAT the February 28th 2003 after the death - occurred the January 24th of the same year - of his older brother Gianni Agnelli, who governed the destinies of the car manufacturer of Turin since 1964.

Entered to the board of directors of FIAT in 1964, it was in parallel, of 1965 with 1988, president of the company of the motor bicycles Piaggio and since 1960 president of the company Simca Industries, become then FIAT-France. From this time the policy goes back to decentralization of the group, with the opening of large factories in the the Mezzogiorno: Bari (Pouilles), Termini Imerese (Sicily), Casino (Campania). In 1976, it decides to engage in policy to devote itself to the modernization of its country, and gives up its functions within group FIAT is made elect Senator in the rows of the Christian Democrat.

As an important member of group FIAT, it directed a long time press companies (Stampa) and the club of Football of Turin, the Juventus.

In 1980 it is allocated to the board of directors of FIAT, then very quickly becomes president of the Ifil, Holding of the industrial participations of the Agnelli family, which it diversifies in France. Ifil becomes the 2nd shareholder of BSN (Danone) in 1987, and enters the groups Worms, Auchan, Exor…

Engaged for 15 month in the process of Reorganization of the group FIAT, Umberto Agnelli has centred the group on its basic trade, the car, selling whole pieces like the insurances Toro, aeronautical company FIAT Avio, railway construction FIAT ferroviaria (begun again by Alstom), like certain participations of Ifil (Accor, Danone…), opening the capital with external partners (entered of General Motors to a total value of 10%) and developing the exterior markets. Umberto Agnelli appeared in the sixty-eighth row of the classification carried out by the magazine Forbes of the richest men of planet, with an inheritance Net estimated at approximately 1,5 billion Dollar S.

Affected of a Cancer, he died in Turin in his residence of Mandria, assisted of his wife Allegra Agnelli and of his two children Anna and Andrea.

Its first wire, Giovannino Agnelli, which it had with his first wife, Antonnella Bechi Piaggio, is brutally deceased at the 33 years age of a cancer him also, whereas it was intended to assume the chairmanship of FIAT. ----

Random links: