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Augusto & Giorgio Perfetti – Billionaire

Augusto & Giorgio Perfetti

REAL TIME NET WORTH — as of 4/19/17
$6 B
2017 BILLIONAIRES NET WORTH — as of 4/11/17
$5.8 B
Brothers Augusto and Giorgio Perfetti own candy and gum giant Perfetti Van Melle, a private company that sold $2.8 billion worth of sweets in 2015. Their top-selling brands include Mentos, Airheads and Chupa-Chups. Their father Ambrogio and uncle Egidio started the company to make chewing gum in 1946 in a small town near Milan; they had been inspired by American soldiers who had brought gum overseas during World War II. In the mid-1950s they started selling the still-popular Brooklyn gum, named after Allied troops, and the company has grown ever since. It acquired Netherlands-based Van Melle in 2001 and added Spain’s Chupa Chups in 2006. The media-shy brothers live in Switzerland and no longer run the business.

Augusto & Giorgio Perfetti net worth: Augusto & Giorgio Perfetti are Italian billionaire brothers who have a net worth of $7.5 billion. The Perfetti duo together own the Italian candy and gum manufacturer Perfetti Van Melle, founded by their father Ambrogio and Uncle Egidio Perfetti in 1946. Initially called Perfetti and headquartered in a small town near Milan, the company was the first to introduce chewing gum to Italians. It was in 2001, when Perfetti paid more than $900 million for Van Melle, the Dutch owner of Mentos, Fruittella and Airheads, and established under the name Perfetti Van Melle. Ever since the company grew, and today it owns a major subsidiary in the USA, (Perfetti Van Melle USA), as well as many others in large markets worldwide. In 2006, it acquired Chupa Chupas, a Spanish company best known for its lollipops. As of today, the confectionery and gum maker employs 17,000 people via 30 subsidiary companies and distributes its products in over 130 countries. The press-shy siblings, who are Swiss residents, are no longer involved in any business operations.

Source:
1. forbes

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