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Nutella Billionaire Now Owns Cookie Business

Video Credit: Wochit News - Duration: 00:27s - Published
Nutella Billionaire Now Owns Cookie Business

Nutella Billionaire Now Owns Cookie Business

Italy's richest family is the Ferraro family.

They founded confectionery giant Ferrero Group.

The company is run by Giovanni Ferrero.

Under his guidance the value of assets acquired through his CTH holding company increase by 40% last year.

Business Insider reports this was partly due to CTH's $300 million purchase of Danish cookie business Kelsen Group last year.


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Giovanni Ferrero Italian businessman

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Italy's Nutella billionaire is now taking a chunk out of the cookie business to the tune of $3 billion

Italy's Nutella billionaire is now taking a chunk out of the cookie business to the tune of $3 billion · Italy's richest family that founded confectionery giant Ferrero Group now owns a sizeable cookie...
Business Insider - Published


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