Piero Ferrari

Family ownership created the economic base

Forbes identifies Piero as Enzo Ferrari's son and describes him as the sole heir after the death of Enzo's first son, Dino. That family position, rather than an independently founded company, supplied the economic base for the Ferrari stake that later became the core of Piero's billionaire wealth. ^[1]

Piero has also spent decades inside the company and today serves as vice chairman, but his operating role should not be confused with the origin of the ownership. Forbes reports that he owns about 10% of Ferrari, making a large family-derived equity position the dominant financial mechanism. ^[1]

The 2015 Ferrari listing created a public market price for that stake. Forbes says Piero became a billionaire when Ferrari listed on the New York Stock Exchange as part of the Fiat Chrysler spinoff, converting a long-held family interest into a transparent public-equity valuation. ^[1]

Public filings make the retained stake unusually visible

Ferrari's 2024 annual report listed Piero with 18,894,295 common shares, equal to 10.56% of common shares outstanding, plus 18,892,160 special voting shares. That filing provides a person-level ownership measure instead of relying on Ferrari's full market capitalization as a proxy for personal wealth. ^[2]

The reviewed record therefore supports active stewardship of a major inherited business interest, but not a self-created founder fortune. Ferrari's corporate value, racing success and total shareholder value remain company-level facts; Piero's attributable economics come from the specific family stake he retained and helped steward over time. ^[1][2]