Massimo Moratti (born 16 May 1945) is an Italian petroleum tycoon and Chief Executive Officer (CEO) of the Saras Group, founded in 1962 by his father, industrialist Angelo Moratti; the main production site of the Saras Group is the Sarroch refinery located on the island of Sardinia, one of Europe’s only six supersites, with a capacity of 300,000 barrels per day, representing 15% of refining capacity in Italy. In recent years, initially to enable independence of the Sarroch refinery from terms of energy, the Saras Group has entered in the production of electricity and is expanding its production of alternative energy sources, particularly in the field of wind energy, through its subsidiaries Sarlux and Sardeolica, the latter of which is controlled indirectly through the company Eolici Ulassai.
From 1995 until 2013, Moratti was the chairman of F.C. Internazionale Milano. He is said to have spent around €1.5 billion of his personal fortune in the transfer market,[3] and was famous for signing numerous football superstars.
He was Inter’s honorary chairman, and also a United Nations Goodwill Ambassador. In 2013, he was inducted into the Italian Football Hall of Fame.
Life and career
Massimo Moratti is the fourth son of industrialist Angelo Moratti, who was the chairman of Football Club Internazionale Milano during the team’s “Golden Age” from 1955 to 1968. Born in the family villa in the Bosco Chiesanuova, close to Verona, he graduated from Libera Università Internazionale degli Studi Sociali Guido Carli with a master’s degree in Political Science.
Letizia Moratti, his brother’s wife, was the Mayor of Milan from 2006 until 2011.
On his father’s death, Massimo Moratti inherited his shares in the Saras Group, engaged in the refining of petroleum, where he is presently C.E.O. Moratti is also the owner of Sarlux, headquartered in Cagliari, which focuses on the production of electricity from the waste oil.
Married to the environmental activist Emilia Moratti (née Bossi), the couple have five children. On 10 September 2009, Sauro Gori announced that Moratti had been appointed a United Nations Goodwill Ambassador.
In May 2011, Moratti supported Giuliano Pisapia’s bid to become mayor of Milan against his sister-in-law Letizia. His call for ‘change’ was perceived as an extension of his rivalry with A.C. Milan, Silvio Berlusconi, from football to the political sphere.
Summary
| Massimo Moratti | |
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Moratti in 2009
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| Born | 16 May 1945 Bosco Chiesanuova, Italy |
| Nationality | Italian |
| Occupation | entrepreneur |
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| Net worth |  US$1.4 billion (2016) |
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| Spouse(s) | Milly Moratti |
| Children | 5 |
Massimo Moratti Net Worth – Massimo Moratti is an Italian oil tycoon and businessman who has a net worth of $1.5 billion dollars. Born in Bosco Chiesanuova, Italy, in 1945, Massimo Moratti was born into a well-to-do Italian family. His father was the President of Internazionale Milno and his sister-in-law was Milan’s mayor for five years, though he ultimately campaigned against her in 2011 when she lost the mayorship. Moratti attended Libera Universita Internazionale degli Studi Sociali Guido Carli. He became a well known figure in petroleum refining company Saras when his father died and left his shares to Moratti, and he eventually became the business’ CEO. Moratti also owns a company that works to produce electricity from oil’s waste products. He assumed the presidency of Internazionale in 1995 and the club went on to enjoy incredible success, winning five Scudetti/Serie A, four Coppa Italia, a UEFA Champions League and a UEFA Cup. He was made an honorary chairman in late 2013 after International Sports Capital bought a 70-percent stake in the club and elected Erick Thohir as the new president. Moratti is married to his wife, environmentalist Emilia Bossi Moratti, and has five children. He serves as a United Nations Goodwill Ambassador for his charitable efforts.
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